The growth within the global biostimulants market is propelled by the increasing scope of applications in the fruits and vegetables sector. The products and solutions offered by the participants in the global biostimulants market offer enhanced root development as well as germination properties for yielding high quality and better crop yield. The products and solutions in the global biostimulants market also play a significant role in organic gardening as well as organic farming applications. The increasing demand for the biostimulants products in cereals and grains, fruits and vegetables, and oilseeds and pulses are fuelling the growth in the global biostimulants market.
Some of the most competent manufacturers and players operational within the global biostimulants market Novozymes A/S, AGC Chemicals, UPL, Premier Tech Ltd., Koppert Biological Systems, Agriculture Solutions Inc., Agricen, Haifa Group, Syngenta, Valagro SpA, Isagro SpA, Agrinos, Italpollina SpA, Biolchim SpA, West Coast Marine Bio-Processing, Corp., Kelp Products International, among others. The major and incumbent manufacturers and players operating in the global biostimulants market are adopting various corporate development and expansion strategies, including mergers and acquisitions, strategic collaborations, research and development in order to enhance their product inventories, joint ventures, and innovations in product offerings.
The major types of products offered by the manufacturers and players functional in the global biostimulants market include amino acids, seaweed, biorationals (such as minerals, humic acid as well as fulvic acid, microbial stimulants, and vitamins, among others. The manufacturers in the global biostimulants market are also focused on employing researchers and experts to identify, isolate, extract, and concentrate the biostimulants compounds from the seaweed in order to produce and manufacture efficient and application specific seaweed biostimulants products and solutions.
This trend is expected to favour the growth in the global biostimulants market in coming years. These products in the global biostimulants market are also used extensively in applications such as turf and lanscapes as well as ornamental flower beds, among others. the increasing demand for enhancing aesthetics in residential as well as commercial landscaping is also triggering high demand in the global biostimulants market in coming years.