On December 6, 2023, Yaran officially launched its first biostimulant product, Yaran Cui Kang Sheng Su, in the Chinese market, activating potential and growth factors. As a new star added to the Yaran Cuikang family, Yaran Cuikang Health Essence greatly improves the quality and yield of crops by enhancing their resilience.Data shows that biostimulants have become a new trend in the international agrochemical market in recent years, with huge market potential in China. The global biostimulant market size in 2022 is expected to reach 3.35 billion US dollars and is expected to reach 8.17 billion US dollars by 2030. China is the largest biostimulant market in the Asia Pacific region, with a market size of approximately 152 million US dollars and a compound annual growth rate of up to 11%.2. PNG”Biostimulants can achieve multiple benefits, including improving soil and crop health, enhancing the nutritional value of agricultural products, enhancing nutrient and water resource utilization, and enhancing crop resilience to global climate change,” said Fernanda Lopes Larsen, Yaran Global Executive Vice President/Yaran Asia and Africa President.And she further pointed out that “Yaran Cui Kangsheng Su will serve as a powerful supplement to Yaran’s existing solutions and low-carbon products, making greater contributions to China’s food security goals and natural vision for the better.”Yaran Cui Kangsheng Su has further improved Yaran’s current product structure, and this product will complement Yaran’s other solutions to make crops stronger, more resilient, and healthier.Liu Jianjia, Director of High Value Products at Yaran China, said, “Although the main consumer markets for biostimulants are in Europe and North America, the fastest growing market is in the Asia Pacific region. It is imperative to introduce biostimulants into the Chinese agricultural market! Launching biostimulant products is also an important practice of Yaran in the field of renewable agriculture.”
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