The Rise of Biological Products – Catalysts for Prosperity
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The Rise of Biological Products – Catalysts for Prosperity
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概要
More growers are utilizing biological products on their crops—it’s an emerging category that includes biostimulants, biopesticides and biofertilizers. The global agricultural biologicals market is expected to more than double in value in the next decade. It’s promising technology to help with productivity and many other key areas.
“Globally, the biostimulant market is growing, and that market is going to explode here in the United States once we get a clear path to market,” remarked Keith Jones, Executive Director of the Biological Products Industry Alliance (BPIA) in Washington, D.C.
Jones said a key benefit would be a uniform federal definition on biostimulants, which is being considered by Congress this session.
The BPIA's mission is fostering continued improvements to the biological products regulatory process.
The industry's leading market research firm DunhamTrimmer expects the global non-microbial biostimulant market will reach nearly $8 billion by 2030.
FInd out more at BPIA.org and DunhamTrimmer.com.