Global
Biogenic
Stimulant Market is expected to grow at a significant CAGR in the
forthcoming period. Commercial market for biogenic stimulants is gaining a
higher emphasis in the medical science owing to the advantages it offers.
Irrespective of any domain in medical science biogenic stimulants possess
significance in determining and revealing certain aspects revolving around a
specific disease. Simply put, biogenic stimulants are those substances that are
formed under certain conditions in plants and animal tissues. These stimulants
are known to exhibit a non-specific stimulating effect on human body functions.
Biogenic stimulants find utility in treatment of degenerative, inflammatory and
atrophic disorders.
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Driving
factors responsible for the growth of biogenic stimulants include increasing
R&D activities in pharma industry. Also, the rise in use of biogenic
stimulants for clinical purpose drives the growth for biogenic stimulant
market. Based on segmentation by product, the biogenic stimulant market
includes humic substances, seaweed extracts, microbial amendments, trace
minerals, vitamins and amino acid. Based on segmentation by type, the biogenic
stimulant market includes natural biogenic stimulant, biosynthetic biogenic
stimulant. Based on segmentation by crop type, the biogenic stimulant market
includes oilseeds, cereals, fruits & vegetables and turfs and ornaments.
Based on segmentation by application, the biogenic stimulant market includes
soil, seed and foliar.
Geographically,
biogenic stimulant market spans North America, Latin America, Europe,
Asia-Pacific, Middle-East and Africa. APAC market is expected to dominate the
global market owing to rise in use of biogenic stimulants for pharma and
clinical studies. Also, the rise in demand for biogenic stimulants to detect
certain diseases likely adds to the market growth. Europe and North American
market is also expected to grow in the forthcoming period owing to growth in
R&D activities. MEA regions however, are expected to exhibit moderate CAGR
growth owing to moderate performance of market in these regions.The key players
in the biogenic stimulant market includeBASF SE, Dow Agro Sciences, DuPont,
Novozymes A/S, Isagro SAP, Sapec Group, Platform Specialty Products Corporation,
Biolchim S.P.A, Koppert B.V, Valagro SAP, Biostadt India Limited.
Market Segment:
The major manufacturers covered in this
report
•
BASF SE
•
Dow AgroSciences
•
Dupont
•
Novozymes A/S
•
Isagro SAP
•
Sapec Group
•
Platform Specialty Products Corporation
•
Biolchim S.P.A
On the basis of product, this report
displays the production, revenue, price, market share and growth rate of each
type, primarily split into
By
Active Ingredients
•
Humic Substances
•
Seaweed Extracts
•
Microbial Amendments
•
Trace Minerals
•
Vitamins & Amino Acids
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