North America Biostimulants Market is growing with factors such as the increasing need for sustainable agriculture and the high demand for organic farming. Rising awareness about biostimulants also has boomed the North America biostimulants market.
Moreover, the high demand for organic farming is expected to propel the demand of the market. However, the high demand for substitute products may decreased the demand of the market.
North America Biostimulants Market Scenario
According to Data Bridge Market Research, the market for North America biostimulants in the U.S. has the highest market share, followed by Canada and Mexico. The market leader is ADAMA Ltd., which accounts for an estimated market share of 20.52% in the North America market. The company has gained outstanding sales by providing varieties of products that provide end-user applications for large scale farming and other related industries with a high amount of simulating products
For instance,
- In January 2019, ADAMA Ltd. signed a non-binding memorandum of understanding (MOU) with Jiangsu Huifeng Bio Agriculture Co., Ltd. With this acquisition, ADAMA Ltd. has enhanced its business both in China as well as worldwide in the crop protection field
Trends Impacting the Market
Now the question is which other regions ADAMA Ltd., Syngenta, and Novozymes are targeting? Data Bridge Market Research has forecasted a large growth in North America biostimulants market and the market leaders targeting U.S. and Canada to be their next pocket revenue for 2021.
The biostimulants market is becoming more competitive with companies such as ADAMA Ltd., Syngenta, and Novozymes. These are the top dominating companies in the biostimulants market and have launched various products in the market. The data bridge market research new reports highlight the major growth factors and opportunities in the North America biostimulants market.
For more analysis on the North America biostimulants market, request for a briefing with our analysts- https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=north-america-biostimulants-market
Biostimulants Market Developments
- In August 2019, Marrone Bio Innovations acquired Pro Farm Technologies OY, a seed treatment, and fertilizer company. The acquisition has helped Marrone Bio to increase its market share in the seed- and soil-treatment market. With this acquisition, Marrone Bio has increased its product portfolio for seed and foliar treatments. The acquisition was made with an enterprise value of USD 31.8 million, and Marrone Bio Company has enhanced its presence worldwide
- In April 2019, Italpollina Inc. entered into an acquisition with Horticultural Alliance Inc., a Florida-based company engaged in providing plant health and maintenance solutions such as mycorrhizal inoculants, biostimulants beneficial bacteria, and water management gels. Italpollina already operates in more than 80 countries worldwide, and with this acquisition, it has achieved the goal of establishing operations in the U.S.
Scope of the Biostimulants Market
North America biostimulants market is segmented on the basis of countries into the U.S., Canada, and Mexico.
All country-based analysis of the North America biostimulants market is further analyzed based on maximum granularity into further segmentation. On the basis of active ingredients, North 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, North America biostimulants market is segmented into fruits & vegetables, cereals & grains, turf & ornamentals, oilseeds & pulses, and other crops. On the basis of the application method, North America biostimulants market is segmented into foliar treatment, soil treatment, and seed treatment. On the basis of form, North America biostimulants market is segmented into liquid and dry. On the basis of origin, North America biostimulants market is segmented into natural biostimulants and synthetic biostimulants. On the basis of end user, North America biostimulants market is segmented into farmers, related industries, and research institutes. On the basis of distribution channel, North America biostimulants market is segmented into direct and indirect.
To know more about the study,https://www.databridgemarketresearch.com/reports/north-america-biostimulants-market
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 overview of biostimulants market
- Company profiling of top eight players of biostimulants market
Key Market Competitors Covered in the Report
- Eastman Chemical Company
- OMEX
- LALLEMAND Inc.
- Agrinos
- Brandt Consolidated, Inc.
- FMC Corporation
- Valagro SpA
- Biolchim SPA
- Isagro
- Italpollina S.p.A.
- ADAMA Ltd.
- KOPPERT BIOLOGICAL SYSTEMS
- Haifa Group
- Novozymes
- ACADIAN SEAPLANTS LIMITED
- ATLÁNTICA AGRICOLA
- Trade Corporation International
- MICROMIX
- Syngenta
- Bayer AG
- UPL
Above are the key players covered in the report, to know about more and exhaustive list of biostimulants companies’, contact us- https://www.databridgemarketresearch.com/toc/?dbmr=north-america-biostimulants-market
Research Methodology: North America Biostimulants Market
Data collection and base year analysis are 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 inquiry.
The key research methodology used by the 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.
Primary Respondents
- Demand Side: Manufacturer, Security, and Defense department, IT Industry
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers, among others.
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