Europe Amino Acid Based Biostimulants Market is expected to grow with a CAGR of 12.9% in the forecast period of 2022 to 2029. The years considered for the study are as mentioned below.
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Europe amino acid based biostimulants market is a highly consolidated market, which includes a specific number of key players. The market has witnessed increased strategic developments owing to favorable market scenarios.
The major players dealing in the Europe amino acid based biostimulants market are introducing a strong range of products provider along with adopting strategic initiatives such as partnership, acquisition, business expansion, awards, and recognition in the market. This helped companies to maximize sales with an enhanced product portfolio.
For instance:
- In July 2019, Bayer AG launched new biostimulant seed treatments in the U.K. market. The products are JumpStart WT and ProStablish WT, which help growers to increase cereal yields. The products are useful as it improves nutrient and water uptake through better rooting. The product has been introduced in the market through its collaboration with Novozyme. With this launch, the company has enhanced its business in the agriculture sector.
Bayer AG is the dominating player in the Europe amino acid based biostimulants market. The other key players existing in the market are Agrinos, Valagro, Biolchim SPA, Haifa Negev technologies LTD, Atlántica Agricola, Trade Corporation International, Syngenta, UPL, SICIT Group S.p.A., Humintech, OMEX, Brandt, Inc., MPH, Gowan Company, L.L.C., and Aminocore among others.
Bayer AG
Bayer AG was founded in the year 1863 and is headquartered in Leverkusen, Germany. The company focuses on developing and manufacturing products for healthcare and agriculture. The company has business segments in crop science, pharmaceuticals, and consumer health, where crop science is market focused segment. The company offers various product categories, such as crop protection and seed growth, where crop protection is market focused category.
The company has a global presence across North America, South America, Europe, Asia-Pacific, and Middle East and Africa. Various subsidiaries of the company include Bayer U.S. Finance II LLC, U.S., Bayer Capital Corporation B.V., (the Netherlands), The Climate Corporation (U.S.), and Monsanto Company (U.S.) among others.
Syngenta
Syngenta is headquartered in Basel, Switzerland. The company provides hybrid varieties and biotech crops to farmers with stronger and resistant plants to fight against seeds, pests, and drought. The company operates in various business segments, such as crop protection, seeds, and inter-business elimination, where crop protection is the market-focused business segment. The company offers various categories, such as vegetables, flowers, and other seeds, which are also market-focused categories.
The company has a presence across North America, South America, Europe, Asia-Pacific, the Middle East and Africa. The company has various subsidiaries, such as Syngenta Crop Protection (Switzerland), ADAMA (Israel), Syngenta Group China (China), and Syngenta Seeds (U.S.), among others.
SICIT Group S.p.A
SICIT Group S.p.A, founded in the year 1960, is headquartered in Chiampo, Italy. The company focuses on producing a range of amino acids and peptide-based fertilizers. The company offers product categories, including biostimulants and retardants, where biostimulants is the market-focused category.
The company has a presence across North America, South America, Europe, Asia-Pacific, the Middle East and Africa.