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Italy & Spain Biostimulants Industry scope 2019, Market Opportunities, Share Analysis up to 2024

The Italy & Spain Biostimulants Market report upholds the future market predictions related to Italy & Spain Biostimulants market size, revenue, production, Consumption, gross margin and other substantial factors. It also examines the role of the prominent Italy & Spain Biostimulants market players involved in the industry including their corporate overview. While emphasizing the key driving factors for Italy & Spain Biostimulants market, the report also offers a full study of the future trends and developments of the market.

Biostimulants market in Italy & Spain is driven by the increasing focus on improving soil fertility and farm productivity. Biostimulants offer key benefits such as increased tolerance against abiotic and biotic stress. The easy availability of raw material and low processing cost will fuel the market growth over the forecast period. Furthermore, an increased focus on sustainable agricultural production, green innovation and organic food exports will stimulate market demand. The efforts undertaken by the government to increase arable land and to lower the environmental impact of synthetic fertilizers will create lucrative opportunities. Italy & Spain Biostimulants Market Share Estimated To Exceed USD 386 Million By 2024.

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Ease in handling, transportation and cost-effectiveness are factors driving the utilization of dry form. These formulations are available in two forms, concentrates that are mixed with water for applying it as a spray and ready-to-use. Dry formulations are manufactured using different technologies including freeze, air, and spray drying either without or with the use of the fluidized bed.

Italy & Spain Biostimulants Industry scope 2019, Market Opportunities, Share Analysis up to 2024
Italy & Spain Biostimulants Industry scope 2019, Market Opportunities, Share Analysis up to 2024

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Acid-based ingredients dominate the biostimulants market and account for over 70% of the overall market share. The product segment consists of amino acid, humic acid, fulvic acid and vitamins. They stimulate the organism's natural growth in soil and improves energy absorption capacity. Additionally, the acid-based ingredients offer higher shelf life, nutrient absorption and resistance to plant infection.

Foliar treatment holds a major share in the applications segment. The growing awareness on benefits of biological microbes and enhanced farming technologies are key factors driving the segment. Moreover, the efficiency of foliar spray in supplying essential nutrients to the plants at a rapid rate will encourage higher adoption rate.

Dry form emerged as the preferred medium for biostimulants in Italy & Spain. Dry biostimulants are water soluble and contain humic acid, chelated iron, amino acids, dextrose, vitamins and beneficial bacteria. It offers major benefits such as enhanced respiration, cell division, lateral bud development and delay in the aging process of plant tissue.

Prominent manufacturers and suppliers in Italy & Spain biostimulants industry include Seipasa, Bayer, BASF, LSA, Valagro, Biovert, Arysta LifeScience, Nutri Performance and Koppert. The market is highly fragmented with the presence of both local and multinational players. Key players are focusing on R&D to expand their product portfolio. They are also involved in establishing supply agreements, collaborations and mergers to gain market share.

Row crops dominates the usage of biostimulants in the region. Increasing production of food grains and oilseeds coupled with the adoption of advanced farming practices are major factors influencing the trend. Biostimulants increase the tolerance of row crops to adverse weather conditions, pests and weed. It also improves the nutrient uptake and provides a healthy and strong appearance to the crops.

A Pin-point overview of TOC of Italy & Spain Biostimulants Market are:

Overview and Scope of Italy & Spain Biostimulants Market

  • Research goal & scope
  • Research assumptions
  • Research Methodology
  • Key take-away
  • Stakeholders
  • Market Segmentation

Italy & Spain Biostimulants Market Insights

  • Industry snapshot
  • Regulatory Framework
  • Italy & Spain Biostimulants Market Dynamics
  • Italy & Spain Biostimulants Market Forces
  • Italy & Spain Biostimulants Market Driver Analysis
  • Italy & Spain Biostimulants Market Restraint/Challenges analysis
  • Italy & Spain Biostimulants Market Opportunity Analysis
  • Factors Influencing Development of Italy & Spain Biostimulants Market
  • Driving Forces and Market Opportunities
  • Threats and Challenges in Italy & Spain Biostimulants industry
  • Forecast on Italy & Spain Biostimulants Market Size
  • Forecast on Italy & Spain Biostimulants Market Trend

Industry analysis - Porter's Five Force

  • Italy & Spain Biostimulants Market PEST Analysis
  • Italy & Spain Biostimulants Market Value Chain Analysis
  • Italy & Spain Biostimulants Industry Trends
  • Company Market Share Analysis

Company Profiles

  • Overview
  • Product Benchmarking
  • Recent Developments and Technological Advancement

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