The biostimulants and biopesticides market is experiencing significant growth due to various positive factors. Biostimulants can be categorized into various types, including humid substances, seaweed extracts, amino acids, microbial-based biostimulants, and others. Moreover, the growing environmental consciousness supports the safe use of biostimulants and biopesticides. However, the scientific and technical complexity of their development creates opportunities for research and innovation, stimulating advancements and market expansion in the long run.
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Data Bridge Market Research analyses that the Germany Biostimulants and Biopesticides Market is expected to grow USD 679.57 million by 2030 from USD 262.98 in 2022, at a CAGR of 12.6% during the forecast period of 2023 to 2030. Consumers are increasingly concerned about the residues of chemical pesticides in their food. Biostimulants and biopesticides provide residue-free and safe solutions, meeting consumer demands for healthier and safer produce.
Key Findings of the Study
The growth of organic farming is expected to drive the market's growth rate
The growth of organic farming in Germany has driven the demand for biostimulants and biopesticides. As organic farmers prioritize sustainable and eco-friendly practices, they seek alternatives to synthetic chemicals. Biostimulants enhance plant growth and resilience, while biopesticides provide effective pest control without harming the environment. Aligning with the principles of organic agriculture, these bio-based solutions have become essential components in sustainable farming practices, fostering their increased adoption in the German agricultural sector.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Biopesticides and Biostimulants), Crop Type (Fruits & Vegetables, Cereals and Grains, Turf and Ornamentals, Oilseeds and Pulses, and Other Crops), Application Method (Foliar Treatment, Soil Treatment, and Seed Treatment), Form (Liquid, and Dry), Distribution Channel (Direct, and Indirect)
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Market Players Covered
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Inter Koppert (Netherlands), Bayer CropScience Deutschland GmbH (Germany), BASF SE (Germany), Indigo Ag, Inc. (U.S.), ADAMA (Israel), Certis Europe B.V (Netherlands), Corteva (U.S.), e-nema Society for Biotechnology and Biological Plant Protection Ltd (Germany), Biofa GmbH (Germany), Tribodyn (Germany), Biolchim Deutschland GmbH (Germany), STEFES GmbH Deutschland (Germany), FMC Corporation (U.S.), OrusLife GmbH (Germany), COMPO EXPERT GmbH (Germany), Syngenta Crop Protection AG (Switzerland), BIOBEST GROUP NV (Belgium), AGLUKON (Germany), Humintech (Germany), UPL (India)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis:
The Germany biostimulants and biopesticides market is segmented on the basis of type, crop type, application method, form, and distribution channel.
- On the basis of on type, the Germany biostimulants and biopesticides market is segmented into biopestisides, and biostimulants.
- On the basis of crop type, the Germany biostimulants and biopesticides market is segmented into fruits and vegetables, cereals and grains, turf and ornamentals, Oilseeds & Pulses, and other crops.
- On the basis of application method, the Germany biostimulants and biopesticides market is segmented into foliar treatment, Soil Treatment, and seed treatment.
- On the basis of form, the Germany biostimulants and biopesticides market is segmented into liquid, and dry.
- On the basis of distribution channel, the Germany biostimulants and biopesticides market is segmented into direct and indirect.
Major Players
Data Bridge Market Research recognizes the following companies as the major Germany biostimulants and biopesticides market players in Germany biostimulants and biopesticides market are Bayer CropScience Deutschland GmbH (Germany), BASF SE (Germany), Indigo Ag, Inc. (U.S.), ADAMA (Israel), Certis Europe B.V (Netherlands), Corteva (U.S.), e-nema Society for Biotechnology and Biological Plant Protection Ltd (Germany)
Market Developments
- In 2022, Indigo Ag Inc. announced that an additional seven carbon farming collaborators have joined the campaign to support farmers in accessing this new sustainability-focused revenue stream as the voluntary agricultural carbon credit market continues to increase in value.
- In 2022, Syngenta Crop Protection AG announced the acquisition of two next-generation bioinsecticides, NemaTrident and UniSpore, from leading biocontrol technology developer Bionema Limited.
- In 2021, Corteva announced the launch of product d Resicore XL in 2022. A corn herbicide for pre-, pre-, and postemergence that will boost crop safety and application flexibility on maize taller than 11 inches. This development help company to expand the product portfolio.
- In 2021, Bayer AG announced the launch of Vynyty Citrus, a new biological and pheromone-based crop protection product to control pests on citrus farms.
- In 2021 FBSciences announced the expansion of the biopesticide category, which includes innovation as well as commercialization of biologicals. The company aims to commercialize and expand the sales of the recently approved nematicide FBS Defense 500.
- In 2020, Stockton Bio Ag collaborated with ADAMA Agricultural Solutions Ltd. for the sale of its bio fungicides in the Ecuadorian marketplace.
For more detailed information about the Germany biostimulants and biopesticides market report, click here – https://www.databridgemarketresearch.com/pt/reports/germany-biostimulants-and-biopesticides-market
