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INCREASE CROP YIELDS WITH GREENHOUSE FARMING BY 21% is EXCEEDING WORLD AVARGE

BIOSTIMULANTS MARKET WORTH 2.91 BILLION USD by 2021

Exponential growth forecast for the biostimulants market driven by an increasing food demand. The market for biostimulant is growing rapidly, and is estimated to grow from $1.5 billion in 2015 to $2.91 billion in 2021.

By 2050, the population on earth will reach approximately 9 billion people, almost 25 percent higher than it is today.

Could greenhouse farming have a promising role to play in the world’s food production? Virtually all the population growth is predicted to happen in developing countries. Moreover, the urbanization in these communities is set to increase by an astonishing 70 percent.

Global food demand is expected to rise 59%-89% by 2050, as the population is set increase from 7.3 billion in 2015 to 9.7 billion in 2050. Considering the effects of climate change, efforts must be made to increase the productivity of agricultural crops significantly and that too in a sustainable manner.

Thus, biostimulants will become an important solution in the plan to increase the yield level. The biostimulants industry is geared up to face the challenge, and working towards its goal of providing biological solutions for crop health and yield enhancement. Having 21% yield exceeding all expectations, it is a great result.

Farmers to increase their yields by filtering some of the light plants receive or all the light for shorter periods of time only. Framers need more than this, they need environmentally friendly and cost effective biostimulants to achieve their goal.

The goal of greenhouse farming is to produce more food and feeding more people on the planet is going to require planting additional arable land in addition to a significant increase in crop yields. Biostimulants are the today`s and future solutions.

The need for sustainable farming practices and the limited resources such as land and water, to meet the growing food requirements in the Asia-Pacific and Latin American regions, are projected to enhance the demand for biostimulants.

“Row crops are projected to provide a strong platform for the biostimulants market by 2021”

Row crops such as cereals, oilseeds, and pulses account for a larger share in the global cropped land and thereby, these crop segments are projected to cover a large scale of acreage for the application of biostimulants. Cereals such as wheat, corn, barley, and rice as well as oilseeds such as soybeans, sunflower, rapeseed, and cottonseed are projected to be a strong factor in supporting the market demand of biostimulants.

Innovative product formulations from seaweed extracts and OHD LIQUOIRE are projected to boost the biostimulants market.

Among the key ingredients considered, OHD liquor, seaweed extracts and microbial amendments are projected to be the fastest-growing segments. OHD are projected to become an important part of biostimulant formulations. OHD has a unique position in this situation that using unused brown coal. OHD is a value adding process, form waste to wealth.

“Asia-Pacific region is projected to be the fastest-growing region in the biostimulants market”

Biostimulants not only enhance crop growth during harsh conditions in these regions but also improve the crop yield and quality. Government subsidies and awareness programs are also observed to support the establishment of these products for different crop types.

In this case OHD will be played extraordinary role in this market.