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The California Biostimulants Market Growth at a rate of 13.8% in the forecast period 2022 to 2027.
The California Biostimulants Market Size
Biostimulants market is segmented on the basis of active ingredients, crop type, application method, form, origin, end user and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
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On the basis of active ingredients, the California biostimulants market is segmented into acid based biostimulant, extract based biostimulant, microbial amendments, protein hydrolysates, B-vitamins, chitin, chitosan, and others. Acid based segment is dominating the market as of its multiple benefits such as it increases productivity, enhances fertility of soil and maintains sustainable agriculture.
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On the basis of crop type, the California Biostimulants market is segmented into fruits & vegetables, cereals & grains, turf & ornamentals, oilseeds & pulses, and other crops. Fruits and vegetables segment is dominating the California biostimulants market due high production of fruits and vegetables in California. To fulfil the demand for food products, farmers are focusing on producing a variety of fruits and vegetables. Thus, high yield of fruits and vegetables requires a large quantity of biostimulants for excess productivity which in results drives the demand of this segment. For instance, according to the California Department of Food and Agriculture, in 2017, it has been observed that California is leading the U.S. in producing fruits, nuts and vegetables. For example, potatoes and spring production has risen by 29.0% from the past year.
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On the basis of application method, California biostimulants market is segmented into foliar treatment, soil treatment, and seed treatment. Foliar treatment segment is dominating as of high preference by farmers due to its easily absorbance capability among plants.
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Market Analysis and Insights - California Biostimulants Market
Biostimulants market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a stronger CAGR of 13.8% in the forecast period of 2020 to 2027. Increasing need for sustainable agriculture and high agricultural production in California are the factors driving the market growth.
Biostimulants contains a large number of biological materials, microorganisms and compounds which when provided to crops, seeds or soil shows improvement in plant, increase crop yields and minimize plant pressure. In the era of sustainable agriculture, biostimulant is found to be one of the best solutions which have the capacity to provide high crop productivity. Increasing agriculture sector in California helps the market to gain a substantial growth. Demand for biostimulant is increasing due to its multiple benefits hence manufacturers are engaged in providing new products in market. Brandt Consolidated, Inc. provides multiple biostimulant products in California.
The California Biostimulants Market Country Level Analysis
Biostimulants market also provides you with detailed market analysis for California State growth in agriculture and horticulture industry with biostimulant product sales, therapy devices sales, impact of technological development in biostimulant and changes in regulatory scenarios with their support for the Biostimulants market. The data is available for historic period 2010 to 2018.
California Biostimulants Market Share Analysis
Biostimulants market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, presence of companies, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, concept cars, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to California biostimulants market.
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Key Players California Biostimulants Market
The major players covered in the report are Eastman Chemical Company, OMEX, LALLEMAND Inc., Agrinos, Brandt Consolidated, Inc., FMC Corporation and others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many joint ventures and developments are also initiated by the companies worldwide which are also accelerating the California biostimulants market.
MAJOR TOC OF THE REPORT
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Chapter One: Introduction
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Chapter Two: Market Segmentation
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Chapter Three: Market Overview
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Chapter Four: Executive Summary
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Chapter Five: Premium Insights
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