Germany Biostimulants Market : Market Research By Knowledge Sourcing Intelligence
INTRODUCTION The Germany biostimulants market is anticipated to grow at a CAGR of 9.69% during the forecast period to reach a market size of US$182.143 million by 2023, increasing from US$104.573 million in 2017. Shifting focus of the famers towards the organic farming is in turn boosting the demand for biostimulants to improve nutrient-use efficiency, enhance plants’ tolerability towards abiotic stresses and helping to improve the quality attributes such as nutritional content, appearance, and shelf-life in organic farming. Rising adoption of the organic farming is, thus, the major driver for the biostimulants market in the country. Biostimulants enhance a plant’s ability to absorb nutrients and aid in their proper development throughout their lifecycle starting from seed germination to plant maturity. The adverse impact of synthetic agrochemicals on the quality of soil which is encouraging farmers to replace synt...