According to the latest report by IMARC Group, titled “Latin America Biostimulants Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the Latin America biostimulants market is expected to exhibit strong growth during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Biostimulants are natural substances used for promoting growth in seeds, grains, fruits, vegetables, turf and ornamental crops. They are composed of amino acids, plant hormones, algae extracts, microorganisms and humic-fulvic acids. Biostimulants increase plant growth and reduce the need for fertilizers in soil, seed and foliar treatment. They aid in facilitating nutrient assimilation, improving the yield quality, boosting metabolism and enhancing soil fertility. They also assist in preserving the ecological balance of nature and encouraging sustainable agricultural practices. They are extensively used by agriculture, horticulture and research organizations.
The Latin America biostimulants market is primarily being driven by significant growth in the agriculture industry. Biostimulants are widely used to improve crop productivity under extreme environmental conditions, such as high temperatures, nutrient imbalance and salinity. Moreover, rising population and the rapidly increasing food demand is providing a thrust to the market growth. Other factors, including the increasing demand for organic products, rising concerns regarding environmental safety and various technological advancements, such as the utilization of phenotyping techniques, are anticipated to positively impact the market growth.
Latin America Biostimulants Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the latin america biostimulants market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Market Segmentation:
The report has segmented the latin america biostimulants market on the basis of product type, crop type, form, distribution channel, application, end-user and country.
Breakup by Product Type:
- Acid-based
- Extract-based
- Others
Breakup by Crop Type:
- Cereals and Grains
- Fruits and Vegetables
- Turf and Ornamentals
- Oilseeds and Pulses
- Others
Breakup by Form:
- Dry
- Liquid
Breakup by Origin:
- Natural
- Synthetic
Breakup by Distribution Channel:
- Direct
- Indirect
Breakup by Application:
- Foliar treatment
- Soil treatment
- Seed treatment
Breakup by End-User:
- Farmers
- Research Organizations
- Others
Breakup by Country:
- Brazil
- Mexico
- Argentina
- Columbia
- Chile
- Peru
- Others
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/latin-america-biostimulants-market
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Industry Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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