(PRWEB) July 22, 2014
The European Bio stimulants Market report defines and segments the bio stimulants market in Europe with analysis and forecast of revenue. The bio stimulants market in Europe is estimated to grow from around $528.5 million in 2013 to $940.6 million by 2018, at a CAGR of 12.2% from 2013 to 2018.
Agriculture contributes to 10% of the European Union’s GDP, as estimated in 2012. The chief agriculture produce is exported to the RoW, from EU. It is the world’s biggest cereals producer that include maize, barley, rye, oats, and so on. The increasing land degradation and the growing need for high quality and productivity of crops pressurizes the leading exporting countries for agriculture produce. Also, the demand for organic produce and the need to avoid environmental pollution by agriculture input is increasing. Hence, the consumption of bio-stimulants is expected to increase in Europe.
Spain is the market leader of bio-stimulants in Europe with a market share of around 24.0% as recorded in 2013. Italy is expected to be the fastest-growing market, at a CAGR of 12.5% during the period 2013 to 2018.
This market is segmented and forecast on the basis of ingredients of bio stimulants, such as acids, extracts, and so on. The market is further segmented and forecast on the basis of major countries, such as the Spain, Italy, France, and the U.K., among others.
This report also includes the market share, supply chain and value chain analyses, and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players in the market.
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