European Biostimulants Market: Global Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2022-2027” provides a deep and thorough evaluation of the global European Biostimulants market based on its segments including type, end use and region. The report tracks the latest industry trends and analyses their overall impact on the market. It also evaluates the market dynamics, which cover the key demand and price indicators, and studies the market on the basis of the SWOT and Porter’s Five Forces models.
Historical Year: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027
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Biostimulants are substances made using enzymes, microorganisms, trace elements, plant hormones, and seaweed extracts. They help in minimizing dependency on fertilizers and enhancing overall crop productivity. They also support sustainable agricultural practices, which assist in improving soil fertility and maintain the ecosystem of the soil. This, along with their performance efficiency, is resulting in the increasing utilization of biostimulants in Europe.
Note: Our analysts are continuously monitoring the influence of the COVID-19 pandemic on the market. This insightful information is included in the report to improve the efficiency, resilience and overall performance of businesses.
Global European Biostimulants Industry Trends and Drivers:
The European Union (EU) has implemented regulations to favor organic farming and promote ecological safety. This, along with increasing awareness among individuals about the impact of chemically synthesized pesticides and fertilizers on human health, represents one of the key factors impelling the growth of the market.
Besides this, there is a rise in the adoption of biostimulants in different parts of Europe as biostimulants are non-toxic and they do not contaminate the soil. Furthermore, rising research and development (R&D) activities, along with increasing innovations in the field of agricultural sciences, are strengthening the market growth in the region.
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Global European Biostimulants Market Segmentation:
The market is segmented in on the basis of type, end use and region.
- End use
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The report also provides insights on the competitive landscape of the global European biostimulants industry with the leading players profiled in the report.
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