Organic Bio-Stimulants – Global Trend 2022
Promoting organic agriculture is the primary objective of global agricultural promotion. Organic fertilisers will definitely reduce the use of traditional chemical fertilisers, although they cannot completely replace them. The market and prospects of future agricultural development are unpredictable and limitless.
In 2020, the global humic acid market was valued at USD 707.5 million, in 2021, it was valued at USD 8994.46 Million USD and is expected to grow by 1.75% from 2021 to 2027.
Factors contributing significantly to market revenue growth include an increase in global population, increased demand for nutritious food, and a shift from conventional fertilisers and pesticides to organic fertilisers and pesticides. The increased use of humic acid in farming has been attributed to stringent government regulations against chemical fertilisers, due to their toxic environmental and health impacts. Therefore, this is a major factor driving market growth.
Abiotic stress is a concern for agriculture in most countries in 2022
Several countries have been affected by extreme weather this year, including typhoons, heavy rainfall, and extreme heat. As an example, in the United Kingdom, the sharp reduction in rainfall and high temperatures have caused drought. The heat wave and drought in this summer have also brought a series of fires.
Thames Water, one of the largest water companies in the UK, announced on the August 17th that it will start a series of fires in London and the Thames Valley from August 24. Regions implement temporary “water for hose” bans.
Not only the United Kingdom, the Middle East, and other parts of Europe are also facing serious water resources, such as South Korea, Algeria, and Spain etc due to the extreme weather.
Using bio-stimulants increases crop tolerance to abiotic stress, as a result, improving crop yield and quality. In recent years, the use of bio-stimulants has become a good agricultural practice, helping to make farming more sustainable and environmentally friendly.
Some commercial farmers use our BoosterPlus™, the stress resistance of crops (drought resistance, cold resistance, water logging resistance, insect pest resistance) has been significantly improved. That is, the tolerance to abiotic stress has been improved, promoting rapid crop recovery from extreme climatic conditions, and compared to other farmers’ incomes, they lose almost nothing.