IN THE WORLD OF CROP INPUTS, biostimulants seem to be the popular and cool new kid that everyone wants to be friends with. The excitement that surrounds the nascent biostimulant market also comes with confusion and some serious competition.In 2019 the biostimulant market edged past the $2-billion mark, according to study from DunhamTrimmer. Nearly a quarter of the market is based in Europe, which accounted for $507 million of the total. The Asia/Pacific region ranked second at $463 millionfollowed by Latin America at $412 million, the U.S./Canada at $370 million, and the Middle East/North African region at $192 million with the rest of the world accounting for the remaining $109 million.And with double-digit growth expected for the next decade, it's little wonder companies around the world have taken the opportunity to join the biostimulant party.
展开▼
