Biostimulants Market is expected to exceed USD 6.5 billion by 2028. Rising consumer focus on health & nutrition coupled with numerous benefits offered by product such as organic quality, nutrient enrichment, enhanced productivity to the agricultural produce will propel industry growth.
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According to market analysis, changing climatic conditions, food shortage, and necessity to increase yield per hectare owing to the presence of small arable lands & water scarcity are likely to drive industry growth. Moreover, supporting regulations regarding limitations on synthetic regulators along with various incidences showing harmful effects of residual accumulation in crops will enhance the product demand.
