Biostimulants Market Boost The Industry Growth At A CAGR Of 10.2% For The Forecast Period 2018 To 2025 : Grand View Research Inc.
San Francisco, 21 November 2019: The Report Biostimulants Market Size, Share & Trends Analysis Report By Active Ingredient (Acid Based, Seaweed Extract, Microbial), By Crop Type (Row Crops & Cereals), By Application (Foliar, Soil), And Segment Forecasts, 2018 – 2025 The global biostimulants market size is expected to reach USD 4.14 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 10.2% during the forecast period. Rising focus on improving agricultural productivity through sustainable methods, coupled with degrading soil quality, is fueling demand for biostimulants. Moreover, rising trend of incorporating these products into organic farming practices is supplementing global demand. Biostimulants help in improving microflora, which, in turn, improves nutrient uptake by plants. They increase antioxidant activity and reduce plant stress against the environment and various diseases. The hormones stimulate growth, root de