Biostimulants Market Report, Size, Share, Growth, Trends, Leading Companies and Global Industry Analysis Till 2027
The latest report published by IMARC Group, titled “ Biostimulants Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 ,” offers a comprehensive analysis of the industry, which comprises insights on the market share. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global biostimulants market size reached US$ 2.38 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4.55 Billion by 2027, exhibiting a growth rate (CAGR) of 11.48% during 2022-2027. Biostimulants are natural, microbe-based agricultural chemicals that facilitate organic plant growth and offer stress protection. These products are formulated using a combination of active ingredients, trace elements, plant hormones, enzymes, and seaweed extracts. They are applied to the soil, seeds, and leaves to enhance nutrient availability, water-holding capacity, and chlorophyll production. Biostimulants assist in reduc...