South America Biostimulants Market is Predicted to Expand at a 13.8% CAGR by the Forecast year 2029

PRESS RELEASE
Published February 13, 2023

 

South America Biostimulants Market

An international South America Biostimulants Market report takes into consideration diverse segments of the market analysis that today’s business ask for. The report provides estimations of CAGR values, market drivers and market restraints about the ABC industry which are helpful for the businesses in deciding upon numerous strategies. The base year for calculation in the report is taken as 2021 whereas the historic year is 2020 which will tell how the South America Biostimulants Market is going to perform in the forecast years by informing what the market definition, classifications, applications, and engagements are. The world class South America Biostimulants Market report helps to be there on the right track by making to focus on the data and realities of the industry.

The South America Biostimulants Market is anticipated to see market growth between 2022 and 2029. According to Data Bridge Market Research’s analysis, the market is projected to develop at a CAGR of 13.8% from 2022 to 2029, reaching a total of 1,447.76 million people.

Market research studies of an excellent South America Biostimulants Market report helps to evaluate several important parameters that can be mentioned as investment in a rising market, success of a new product, and expansion of market share. Market estimations along with the statistical nuances included in this market report give an insightful view of the market. The market analysis serves present as well as future aspects of the market primarily depending upon factors on which the companies contribute in the market growth, crucial trends and segmentation analysis. Global South America Biostimulants Market research report also gives widespread study about different market segments and regions.

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South America Biostimulants Market Scope and Market Size

  • The South American biostimulants market is divided into categories depending on the active components, including extract-based, microbial amendments, protein hydrolysates, B-vitamins, chitin, chitosan, and others. Acid-based products are anticipated to dominate the market in 2022 because they contain significant ingredients such humic and fulvic acids and boost plant growth and production.
  • The South American biostimulants market is divided into segments based on the type of crop grown: fruits and vegetables, cereals and grains, turf and ornamentals, oilseeds and pulses, and other crops. Due to its huge global production, the fruits and vegetable category is anticipated to rule the market in 2022. To meet the rising demand of customers, farmers are producing more fruits and vegetables.

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South America Biostimulants Market Country Level Analysis

South America biostimulants market is analysed and market size information is provided by country, active ingredients, crop type, application method, form, origin, end user and distribution channel.

The countries covered in South America biostimulants market report are Brazil, Argentina, Colombia, Peru, Chile, Ecuador, Uruguay, Paraguay and Rest of South America.

Brazil accounted for maximum share in the biostimulants market due to presence of large number of local players in the region. Argentina accounts for second largest market due to increasing growth in farming technologies in the region. Colombia has witnessed high growth in biostimulants due to large number of farmers in the region.

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Competitive Landscape and Biostimulants Market Share Analysis

Some of the major players operating in the South America biostimulants market are:

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,  and others.

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