Biostimulants Market Size, Companies Share, Trends, Demand, Growth and Opportunities Forecast to 2025
According to IMARC Group’s latest report, titled “ Biostimulants Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025 ”, the global biostimulants market reached a value of US$ 2.5 Billion in 2019. Looking forward, IMARC Group expects the global market to reach a value of US$ 4.8 Billion by 2025, registering a CAGR of 11.5% during 2020-2025. Biostimulants are microbe-based agricultural chemicals that promote the organic growth of a plant. They are produced from various active ingredients, like humic and fulvic acids, seaweed extracts, amino acids, vitamins, trace minerals, polysaccharides, and microbial amendments. Biostimulants improve nutrient availability, environmental stress tolerance, water holding capacity, metabolism, and chlorophyll production in the plant. They also help in enhancing the antioxidant properties, stimulating root development, and plant cell enlargement. The expanding agriculture industry, growing demand for agricultural s...