South America Biostimulants Market is growing with factors such as increasing adoption of organic products in agriculture and cost-effectiveness and unstable yields in agriculture due to climate changes.
However, the biostimulant quality contamination issues during manufacturing and transportation are a major restraint for the South America biostimulants market growth.
South America Biostimulants Market Scenario
According to Data Bridge Market Research, the market for biostimulants in Brazil has the highest market share followed by Argentina and Colorado. Market leader is UPL which accounts for an estimated market share of approximately 15.64%. The company has gained outstanding sales by providing multiple biostimulants products and solutions.
- In October 2021, UPL announced the collaboration with Chr. Hansen, a global bioscience company. In collaboration with the companies aimed at developing microbial-based biosolutions (including biostimulants and biopesticides) that will help growers around the world fight pests and diseases, and improve crop quality and yields. This enabled the company to use its global presence for research and identify opportunities and product concepts to address farmers' pain points.
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Key Pointers Covered in Biostimulants Market Industry Trends and Forecast to 2029
- Market Size
- Top to Bottom Market Analysis
- Recent Developments for Market Competitors
- Recent Market Value for Different Countries
- Market value and over view of Biostimulants market
- Company profiling of top eight players of Biostimulants market
Key Market Competitors Covered in the Report
- UPL
- Lallemand Inc.
- Agrinos
- Koppert Biological Systems
- Syngenta
- SICIT Group S.p.A
- Isagro S.p.A.
- ILSA S.p.A.
- OMEX
- Trade Corporation International
- Bayer AG
- Marrone Bio Innovations, Inc.
- SEIPASA, S.A.
- Innovak Global, SA de CV
- Stoller Group
- Yara
- BASF SE
- Novozymes
- Atlantica Agricola
- Italpollina Spa
- SummitAgro
Trends Impacting the Market
Now the question is which other regions UPL, Bayer AG and Syngenta Group are targeting? Data Bridge Market Research has estimated a large growth in the South America biostimulants market and the market leaders targeting Brazil, Argentina and Colorado to be their next revenue pockets for 2022.
The biostimulants market is becoming more competitive with companies such as UPL, Bayer AG and Syngenta Group as they are the top dominating companies in the biostimulants market. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the biostimulants market.
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Biostimulants Market Development
- In March 2019, Bayer AG announced the partnership with SICIT in relation to two products namely, AmbitionTM and BayfolanTM Cobre. Before the announcement these two products were distributed respectively in Brazil and India. The partnership enabled the company to launch the products in Asia (China) and in the other Latin American countries. The collaboration further strengthened as it guaranteed Bayer the worldwide distribution of BayfolanTM Cobre and BayfolanTM Aktivator for foliar use in various crops. This helped the company to grow in the market.
Scope of the Biostimulants Market
The remote sensing technology market is segmented on the basis of countries into Brazil, Argentina, Colombia, Peru, Uruguay, Chile, Ecuador and Rest of South America
- All country based analysis of the biostimulants market is further analyzed based on further segmentation. On the basis of active ingredients, the South America biostimulants market is segmented into acid based, extract based, microbial amendments, protein hydrolysates, B-vitamins, chitin, chitosan, and others. On the basis of crop type, South America biostimulants market is segmented into fruits vegetables, cereals grains, turf ornamentals, oilseeds pulses, and other crops. On the basis of application method, South America biostimulants market is segmented into foliar treatment, soil treatment, and seed treatment. On the basis of form, South America biostimulants market is segmented into liquid and dry. Liquid is sub-segmented into suspension concentrate, soluble liquid concentrate, and emulsifiable concentrate. On the basis of origin, South America biostimulants market is segmented into natural biostimulants and biosynthetic biostimulants. On the basis of end user, South America biostimulants market is segmented into farmers, agri and related industries, and research institutes. On the basis of distribution channel, South America biostimulants market is segmented into direct and indirect.
Research Methodology: South America Biostimulants Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market timeline analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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South America Biostimulants Market Report Answers the Following Questions:
- What are the current trends and drivers in the South America Biostimulants Market?
- How has the demand for convenience affected the growth of the South America Biostimulants Market?
- What are the different types of South America Biostimulants Market available in the market and what are their respective market shares?
- How is the South America Biostimulants Market segment by channels?
- Who are the major players in the South America Biostimulants Market and what is their market share?
- How has the South America Biostimulants Market been impacted by the growing demand for options?
- How does the South America Biostimulants Market vary across different regions or countries?
- What are the future opportunities and challenges for companies operating in the South America Biostimulants Market?
- How has the rise of e-commerce affected the distribution and sales of the South America Biostimulants Market?
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