FORT WORTH, Texas, February 27, 2015 /PRNewswire/ --
The Global Biostimulants in Turf & Ornamentals Market is
estimated to grow from $330.9 million
in 2014 to $652.7 million by 2019, at
a CAGR of 14.5% during the forecast period of 2014 to 2019.
Browse through the TOC of global biostimulants in turf &
ornamentals market for an in-depth analysis of the industry trends
and segments, with help of various tables and figures.
http://www.micromarketmonitor.com/reports/bio-stimulants-in-turf-and-ornamentals-8084979273.html
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Biostimulants are widely applied in turf & ornamentals,
mainly for the enhancement of root growth. These also help turf
& ornamentals in processes such as absorption of water,
nutrient uptake, and increasing length of roots. Turf, ornamentals,
and flowers appear healthy and strong as a result of the use of
biostimulants. Therefore, the usage has increased globally in
recent years.
The most dominating region in the biostimulants markets for turf
& ornamentals is Europe,
having accounted for a 44.6% share in 2014, and is estimated to
grow at a CAGR of 14.1% during the forecast period of 2014 to 2019.
Spain, Italy, France, Germany, the U.K., and Poland, are among the major contributors to
the dominance of the European segment in the global biostimulants
in turf & ornamentals market. The global biostimulants market
for turf & ornamentals is projected to grow at a CAGR of 14.5%
during the given forecast period. The fastest-growing market for
biostimulants in turf & ornamentals is expected to be
Latin America, projected to grow
at a CAGR of 15.6% from 2014 to 2019. The high growth rate of the
Latin American segment is the increasing demand from the
fast-emerging economies of Brazil
and Argentina.
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North America, Latin America, Europe, and Asia-Pacific are the primary regions
considered for the market analysis. In addition, the report has
analyzed the global market in terms of end-use applications, such
as foliar, soil, and seeds. Agrinos AS (Norway) and BASF SE (Germany) are among the key players in the
global agricultural biostimulants in turfs & ornamentals
market, gradually improving their expanse across the globe through
strategies of acquisitions and partnerships.
Related Reports:
The Bio Stimulants Market in Europe is the largest market comprising 41.7%
of the global market, and was valued at $0.53 billion in 2013. This market is estimated
to grow at a CAGR of 12.2% annually, to reach $0.94 billion by 2018. The bio stimulants market
in Europe can be segmented by
companies, end-users, applications, and macroindicators.
http://www.micromarketmonitor.com/market/europe-bio-stimulants-1315565884.html
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