Amino Acid Based Biostimulants Market Size, Trends & Growth Analysis

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The market is expected to grow in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 12.5% in the forecast period of 2022 to 2029 and is expected to reach USD 3,217,320.81 thousand by 2029 from USD 1,255,928.51 thousand in 2021. Rising demand for non-alcoholic drinks, including fruit juices and energy drinks, thus driving the global amino acid based biostimulants market growth.

Amino acid based biostimulants are developed to help the farmers to meet increased agricultural demand on a sustainable basis. Biostimulants boost crop yield and its value, positively affecting farm productivity. Agricultural biostimulant comprises multiple amalgamations of chemicals, substances, and micro-organisms added to the plants or soils to boost crop vigor, production, sensitivity to abiotic pressure, and quality. Biostimulants support the growth and production of crops throughout the entire crop life cycle, from seed germination to plant maturity, in a variety of demonstrated ways like regulating plant metabolism. Biostimulants are developed for farmers to meet the demand for sustainable agriculture, including quality and improved crop yield, and even for the consumers to meet the demand for organic products to cope with health and safety standards. Thus, investors are increasingly interested in the biostimulant category's significant growth potential.

Biostimulants work via altered mechanisms than fertilizers, regardless of the availability of nutrients in the product. It can vary from crop safety products as they work purely on the plant’s productivity and do not have any harmful action against insects or diseases. Plant biostimulation is therefore related to plant health and crop safety. Amino acid biostimulants are obtained mainly by chemical or enzymatic protein hydrolysis, and the type of hydrolysis determines the content of free amino acids and their enantiomeric purity.

Amino acid based biostimulants comprise many biological materials, microorganisms, and compounds specifically added to crops, seeds, or soil to improve plant energy, increase crop yields, and minimize plant pressure. These are nutrient additives to enhance plant growth and production. Biostimulants can even be utilized to substitute for insecticides and pesticides to boost agricultural products' nutritional value and others.

The increased need for sustainable agriculture is vital in escalating market growth. Also, high agricultural production worldwide may fuel the amino acid based biostimulants market. Moreover, the rise in the new product innovation and increase in the research and development activities in the market will further create new opportunities for the amino acid based biostimulants market. However, the quality issue in manufacturing biostimulants is the major factor that acts as a restraint for the global amino acids-based market, and high demand for substitute products is expected to challenge the global amino acid based biostimulants market in the forecast period.

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