Europe Biostimulants Market - Forecasts from 2018 to 2023
The Europe region is the biggest market of Biostimulants and is estimated to grow at a CAGR of 10.03% over the forecast period to reach a total market value of US$936.700 million in 2022. The Biostimulants market in the region is witnessing growth on account activity being undertaken by the manufacturers. Organized manufacturing industry and improved information dissemination among farmers is further contributing to its large-scale usage in farming. Active regulatory bodies such as EBIC and Biostimulants Coalition works in favor of the industry and, enhanced usage of these products and increased demand in the region.
Geographically, European Biostimulants market has been segmented into U.K., Germany, France, Spain, and Italy. These countries are key market for biostimulants in the region owing to the expansion of organic farming due to the burgeoning demand for organic products in these countries. Furthermore, regulations and government initiatives are also boosting the demand or biostimulants in the region.
Next, the section provides comprehensive market dynamics through an overview section along with growth drivers, challenges, and opportunities which exist in the current market. This section of the report also provides supplier and industry outlook as a whole; key industry, global and regional regulations which are determining the market growth and a brief technological aspect of Biostimulants. Complete industry analysis has also been covered by Porter’s five forces model as a part of this report section.
Thirdly, Biostimulants market has been segmented on the basis of active ingredients, crop type, application, and geography as follows:
- By Active Ingredients
- Acidic Biostimulants
- Extract Biostimulants
- By Crop Type
- Row Crops
- By Application
- By Country
Finally, competitive intelligence section deals with major players in the market, their market shares, growth strategies, products, financials, and recent investments among others. Key industry players profiled as part of this section are Isagro S.p.A, Valagro S.p.A, Italopolina S.p.A, Biostadt India Limited, and Koppert BV among others.