Any good grower also knows that every successful crop depends on the soil foundation. Many ideas for good soil management are currently employed in the agriculture industry. The need for bio stimulants is recognized by more and more growers each year. With greater demand more options are developed with some options working better than others.
Bio stimulants include diverse formulations of compounds based on seaweed extracts, phosphites or amino acids that act on the plant through different pathways. When applied to plants or soils they regulate and enhance the crop’s physiological processes, thus making them more productive optimising the use of fertilisers.
The bio stimulant in soil market was valued at $0.01 billion in 2013, and is expected to grow at a CAGR of 13.1% annually, to reach $0.18 billion by 2018.
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It constitutes 7.7% of the global bio stimulants in soil market. The global market comprised North America with a share of 22.6%, Europe with 38.6%, Asia-Pacific with 19.7%, and Latin America with 13.6%, in 2013.
Bio stimulants help by providing organic means of nutrients in the soil. These essential nutrients are reloaded into the soil with the help of bio stimulants, which also facilitates the plant to uptake nutrients more efficiently. Bio stimulants help plants to grow in poor soil conditions.