Who Are Exploring China’s Biostimulant & Specialty Fertilizer Market?

The current global biostimulant market is valued at about 1.3 billion USD, Among which the value in China is about 200 million USD. It is estimated that by 2020, the global market value of biostimulant will reach 2-3 billion USD, and the annual growth rate will be over 10%. In the next 3-5 years, the market value in China will also reach 400-500 million USD. China is very likely to become the largest market for biostimulant in the future.

In recent years, biostimulant products represented by humic acid, chitin, fish protein, alginic acid, etc. have been gradually moving from Europe and the United States to China, becoming a powerful tool for assisting Chinese chemical fertilizers and pesticides to improve crop quality and farming efficiency. People in the industry believe that biostimulants have become a blue ocean for overseas companies competing for the beach.

According to incomplete statistics, special fertilizer and biostimulant companies currently entering China’s market mainly include:

In 2015, the Ministry of Agriculture of the People's Republic of China announced the goal of achieving reduction in the use of pesticides and fertilizers by 2020, which will undoubtedly further promote the development of environmentally friendly products such as biostimulants in China. Although in recent years, China's biostimulants have developed rapidly, the demand for novel biostimulants with unique mechanisms of action continues to rise, and the potential for biostimulants in China is expected to increase.

Considering the demand of distributors and large-scale growers in China, AgroPages in partnership with Global BioAg Linkages will hold 2018 China-overseas Biopesticide & Biostimulant Business Exchange Congress (CBBC) in Shanghai on August 11-13, 2018. We hope that through this meeting, information exchange can be achieved between the Chinese and foreign biopesticide and biostimulant industries, and some excellent foreign biological products can be introduced to Chinese distributors and growers. 

If you have similar products and are interested in developing the Chinese market, this will be an opportunity you can't afford to miss. For conference details, please go to http://events.agropages.com/EventsShow-2144-d4cc0161.html