How Is Organic Farming Trend Driving Usage of Biostimulants?
The global population is set to touch 10.9 billion in 2100, growing massively from the 7.7 billion recorded in 2019, says the United Nations (UN). This has already put the agrarian community under immense pressure to feed the increasing number of mouths. But, with cities expanding into arable land and the soil quality degrading due to more-than-adequate sowing cycles, achieving this dream has already been hard. Therefore, farmers around the world, often aided by strong government support, are looking at new technologies to boost their productivity.
As per P&S Intelligence, this will be the key factor in the advance of the biostimulants market in the years to come. This is because such agents help plants grow better and make them more resistant to diseases. Thus, they act like a combination of fertilizers, micronutrients, and biocides, to augment the overall crop yield, which has become the key challenge in today’s times. Further, since these additives are majorly sourced from organic matter, including plants and microorganisms, they are a good way for farmers to market their produce as ‘organic’, which is one of the biggest trends on earth right now.
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These are high-value crops, which is why a large number of farmers are shifting from cereals & grains to them. This is because with the growing awareness on a healthy and gluten-free diet, the consumption of cereals and grains is decreasing and that of fruits and vegetables is surging. Moreover, in the near future, the prevailing fear of coronavirus will likely boost people’s focus on being more immune to diseases, which can be achieved by augmenting the intake of vitamins and minerals, which are found in fruits and vegetables.
Presently, Europe is the largest biostimulants market, as being a developed region, it witnesses a relatively earlier penetration of advanced technologies than developing regions. Moreover, the shift to organic food has been rapid here in a short time, which has encouraged, or rather impelled, farmers to shun synthetic fertilizers and biocides in favor of organic variants. Moreover, the environmental awareness in the region is also high, which has been forcing the agrarian community to adopt eco-friendly practices.
In the years to come, the usage of biostimulants will boom in Asia-Pacific (APAC) because it is the most-populated region on earth. This has been creating a massive demand for food for a long time, much of which has been unmet, thus resulting in widespread starvation and malnutrition. Therefore, regional governments are making efforts to augment their agricultural production by giving farmers access to new technologies, such as biostimulants, agricultural machines, artificial intelligence, and the internet of things.
Hence, with the booming demand for food, the usage of biostimulants will rise around the world.
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