Chemicals Industry Today

North America Biostimulants Market is Expected to Reach US $716.3 million in 2022

Market Research Report on North America Biostimulants Market
Published 05 March 2018
Report Sellers has added a new market research report “North America Biostimulants Market - Forecasts From 2017 to 2022” to its offerings. The report is an in-depth market study providing accurate market insights including the latest trends, forecast, competitive insights, etc.

According to the report, North America Biostimulants Market is projected to grow at a CAGR of 9.72% over the forecast period to reach US $716.3 million in 2022. The biostimulants industry is witnessing considerable growth in the North American region on account of remarkable biotechnological growth in the area of enzymes production, and acid extraction from natural products, and thereby enabling the production of efficient biostimulants. Moreover, advanced molecular biology and genetic engineering are also assisting for bioreactor-based amino and other acids production. Furthermore, growth in environment conscious consumers is resulting in increased demand for organic food products, and in turn, is boosting the Biostimulants market in the region.

U.S holds the largest share of the North America Biostimulants market owing to the large-scale adoption of Biostimulants as seed treatments to strengthen the crops productivity due to increase in the cost of synthetic fungicides and pesticides. Agricultural technological advancements like the adoption of precision farming are also one of the major factors for Biostimulants market growth. Canada is also one of the key biostimulants markets in the region which is witnessing considerable growth owing to increasing need of sustainable agriculture and rise in organic food products demand.

Browse through the complete description and in-depth TOC on “North America Biostimulants Market”
https://www.reportsellers.com/market-research-report/North-America-Biostimulants-Market---Forecasts-from-2017-to-
2022
 

Report Scope

North America 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
Fruits
Vegetables
Turfs
Ornamentals
Row Crops

By Application
Foliar
Soil
Seed

By Country
US
Canada
Mexico
Others

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