(Nengdong, December 7, 2023) – On December 6, 2023, Yara officially launched its first biostimulant product, Yara Trial, in the Chinese market, to activate potential and growth. As a new addition to the Yara Tracom family, Yara Tracom Bio maximizes crop quality and yield by improving crop resistance to abiotic stresses.
According to the data of Yaracui Kangshengzhisu, biostimulants are a new outlet in the international agrochemical market in recent years, and have huge market potential in China. The global biostimulant market size was 33$500 million, which is expected to reach $81 by 2030$700 million. China is the largest biostimulant market in the Asia-Pacific region, with a market size of about 1$5.2 billion, with a compound annual growth rate of 11%. Yara Trialpine will be a powerful complement to Yara's existing solutions and low-carbon products, and will make a greater contribution to China's food security goals and vision for better nature. Yara's current product portfolio complements Yara's other solutions to make crops stronger, tougher and healthier. Liu Jianjia, director of Yara China's ** value products, said"Although the main consumer markets for biostimulants are in Europe and North America, the fastest growing market is the Asia-Pacific region, and it is imperative to introduce biostimulants into China's agrochemical marketThe introduction of biostimulant products is also an important part of Yara's practice in the field of regenerative agriculture. "
Yara China Biostimulant Product - Cuikang Shengzhisu.