Agricultural Industry Strives for more Sustainability, and Biostimulants will Emerge as the Product of Choice

By Anshula Mandaokar , 17 January, 2023

Infertility of soil is one of the most significant difficulties facing the area of agriculture all over the world. Biostimulants are products that help in overcoming the supply chain volatility that has been introduced into agriculture as a result of extreme climate variations and, more recently, the war between Russia and Ukraine. Evonik Industries revealed in one of its most recent actions that it is developing a biostimulant that will enable agriculturists and farmers to cut their fertilizer consumption in half while keeping 93% of the yield. After seeing an increase of 17% in 2021, fertilizer costs are anticipated to go up a further 12% by the end of 2022 in the United States alone.

According to projections made by the National Corn Growers Association, the average amount its members spent on synthetic fertilizers in 2022 will be approximately 80 percentage points higher than what they paid in 2018. Russia is responsible for approximately 16% of the world's total urea exports and nearly 12% of the total global exports of MAP and DAP. Extracts from seaweed have the potential to boost the production of crops and improve their growth performance.

Biostimulants are substances that cause an increase in tissue concentrations, an improvement in the mineral composition of plant tissues, and an enhancement of the movement of micronutrients from the roots to the shoots. It is anticipated that the Indian subcontinent will be one of the places that generate the most significant revenue from the sale of seaweed extract biostimulants.

The African region's impoverished population and degraded agricultural land are expected to be the primary drivers behind the emergence of new business opportunities in this region of the world's market. The widespread use of biostimulants seems far off, yet it's thrilling. To avoid uncertainty and assure clarity, the biostimulants sector must settle on one definition before the shift. Artificial intelligence, machine learning, and robotics are used in agriculture, and the biostimulants business may be able to use them to advance. Based on past data and understanding, artificial intelligence may be able to detect new raw materials or microbiological strains.

Resilient Farming with biostimulants

Latest News

Resilient Farming with biostimulants
Nuclear Technology in Oil and Gas Industry to Reduce Emissions

Globally, nations are finding ways to reduce environmental emissions to achieve the goals of clean energy transitions. The transition goals are set to be completed by the end of 2050. Therefore, economies are taking necessary steps to integrate…

Read More

Resilient Farming with biostimulants
Artificial Intelligence Enhances the Functioning of Data Centers

Artificial intelligence plays a pivotal role in the tech industry. There is continuous demand for artificial intelligence (AI) in the tech sectors to improve their work. In 2024, the tech industries expect reliable power supply in the tech sector for…

Read More

Resilient Farming with biostimulants
United States Biofuel Market to Dominate the Energy Market

The biofuel market is expanding significantly with the green energy transition process in 2024. Countries worldwide are contributing in various ways to level up the process of the transition to clean energy. Biofuel production is targeted to aid the…

Read More

Resilient Farming with biostimulants
Biodiesels to Recycle Gold in Place of Fossil Fuels

Recycling precious metals is growing nowadays with the transition to clean energy. The transformation requires the usage of renewables to increase efficiency. Gold is an essential metal widely used in electronics, aerospace, and other industries…

Read More

Resilient Farming with biostimulants
Gasoline Prices to Rise in Summer 2024

The oil and gas industry has witnessed various changes since the beginning of 2024. The countries worldwide are experiencing oil shortages due to geopolitical crises between major oil-producing nations. However, gasoline prices are expected to…

Read More

Author Pic
Anshula Mandaokar

Team Lead - Research