Report Highlights
According to a research survey conducted by ChemView Consulting, in 2023 Biostimulants Market was worth US $ 3.92 Bn. The market is expected to grow at a CAGR of 11.80% between 2023 and 2033 to hit US $ 11.97 Bn by 2033 end.
Key Market Trends
The Solution for a Greener and More Productive Agriculture
With its role in improving crop growth and yield, biostimulants are becoming a popular choice for a greener and more productive agriculture, creating a wide range of opportunities in the market.
The Key to Improving Plant Health and Stress Tolerance
Biostimulants are a key factor in improving plant health and stress tolerance, making it a valuable product in the market.
The Essential Element in Sustainable Agriculture
With its role in improving crop quality and reducing the use of chemicals, biostimulants are an essential element in sustainable agriculture, creating a wide range of opportunities in the market.
Market Drivers
Biostimulants Bolstering Plant Growth and Health
The growing demand for efficient and sustainable agricultural solutions has driven the biostimulants market. Biostimulants enhance plant growth, nutrient uptake, and stress tolerance, resulting in improved crop yields, quality, and resilience to environmental challenges, making them essential for modern agriculture.
Biostimulants Reducing the Environmental Impact of Farming Practices
The increasing focus on environmentally friendly agricultural practices has fueled the demand for biostimulants. These products help reduce the reliance on chemical fertilizers and pesticides, minimize nutrient leaching, and promote efficient water usage, contributing to sustainable agriculture and a lower environmental impact.
Segmentation Insights
After conducting a thorough analysis of the Biostimulants Market, we have identified the top three trending segments in the industry. These segments are experiencing significant growth, high demand, and widespread adoption.
Most Popular (Fastest Growth Rate)
Seaweed Extracts (Foliar Treatment Application)
Seaweed Extracts are the most popular active ingredient in the Biostimulants Market due to their extensive usage in the foliar treatment application. They are widely used as natural growth enhancers to stimulate plant growth, improve nutrient uptake, and enhance stress tolerance. Seaweed Extracts’ excellent properties such as high bioavailability, low toxicity, and natural origin make them the preferred choice for the foliar treatment application.
Most Selling (Largest Market Share)
Humic Substances (Soil Treatment Application)
Humic Substances are the most selling active ingredient in the Biostimulants Market due to their extensive usage in the soil treatment application. They are widely used as soil amendments to enhance soil structure, improve nutrient availability, and increase water retention capacity. Humic Substances’ excellent properties such as high cation exchange capacity, long-lasting effect, and organic origin make them the go-to choice for the soil treatment application.
Trending (Gaining Traction)
Microbial Amendments (Seed Treatment Application)
Microbial Amendments are gaining significant traction in the Biostimulants Market due to their usage in the seed treatment application. They are widely used as microbial inoculants to promote seed germination, increase root development, and enhance plant growth. Microbial Amendments’ excellent properties such as high specificity, low toxicity, and eco-friendliness make them a trending choice in the seed treatment application.
Regional Insights:
Europe: A Leading Market with a Focus on Sustainable Agriculture
Europe is a prominent market for biostimulants, driven by its strong focus on sustainable agriculture and the increasing demand for eco-friendly solutions to improve crop yields. Countries like Germany, France, and Italy are leading the market with their advanced agricultural technologies and commitment to sustainable practices. The European Union’s stringent regulations on agrochemical use and support for organic farming further contribute to the growth of the biostimulants market in the region. Europe’s emphasis on research and development in the agricultural sector makes it a crucial player in the global biostimulants industry.
Latin America: A Rising Market with Agricultural Advancements
Latin America is an emerging market for biostimulants, fueled by its expanding agricultural sector and the increasing need for efficient solutions to improve crop yields. Countries like Brazil, Argentina, and Mexico are witnessing a rising demand for biostimulants, as they focus on sustainable agricultural practices and better crop management. The region’s abundant arable land and favorable government policies make Latin America an attractive market for biostimulant manufacturers and investors.
Report Includes
Market Size Data
Market Background
Pricing Analysis
Value Chain Analysis
Competition Analysis
Research Scope/Taxonomy
Market Analysis by Source
Market Analysis by Active Ingredient
Market Analysis by Application
Market Analysis by Crop Type
Market analysis by region:
Country Coverage
North America: U.S., Canada
Latin America: Brazil, Mexico, Argentina, Central America, Rest of Latin America
Western Europe: Germany, Italy, France, UK, Spain, Poland, Romania, Rest of Western Europe
Eastern Europe: Russia & Belarus, Balkan Countries, Baltic Countries, Central Asia, Rest of Eastern Europe
Middle East & Africa: KSA, UAE, Turkey, Israel, Northern Africa, South Africa, Rest of Middle East & Africa
East Asia: China, Japan, South Korea
South Asia & Pacific: India, ASEAN, Australia & New Zealand, Rest of South Asia & Pacific
Key Companies Profiled
Why Choose CVC Market Research?;
1. Executive Summary
1.1. Global Market Snapshot
1.2. Key Success Factors
1.3. Strategic Analysis and Recommendations
2. Market Overview
2.1. Market Taxonomy
2.2. Market Definitions
3. Research Methodology
3.1. Preliminary Investigation & Research Design
3.2. Secondary Research & Primary Research
3.3. Data Analysis & Econometric Modelling
3.4. Expert Data Validation
4. Key Emerging Trends Analysis
4.1. Supply-Side Trends
4.2. Demand-Side Trends
5. Global Biostimulants Market Value (US$ Mn) and Volume (Tons) Analysis
5.1. Global Market Value (US$ Mn) Analysis, 2017 – 2032
5.2. Incremental $ Opportunity Index, 2022-2032
5.3. Global Market Volume (Tons) Analysis, 2017 – 2032
6. Global Biostimulants Market Pricing Analysis
6.1. Regional Level Pricing Analysis and Forecast
6.1.1. Manufacturers Level Pricing
6.1.2. Distributor Level Pricing
6.2. Global Pricing Analysis Benchmark
6.3. Cost Breakdown Analysis
7. Cross-Sectional Analysis
7.1. Cross Analysis of Application W.R.T. End Use
8. Supply Vs. Demand Analysis
8.1. Regional Supply Vs. Demand Gap Assessment
8.2. Top Producing Countries Analysis
9. Market Background
9.1. Macroeconomic Factors
9.2. Forecast Factors
9.3. Market Dynamics
9.3.1. Driver
9.3.2. Restraint
9.3.3. Opportunity
9.4. Supply Chain Analysis
9.4.1. List Raw Material Suppliers
9.4.2. List of Manufacturers
9.4.3. List of Distributors
9.4.4. List of End-Users
9.4.5. End-Users Consumption Analysis
9.4.6. Average Profitability Margin Analysis
9.5. Covid-19 Impact Assessment
9.5.1. Economy/Cluster Projections
9.5.2. Covid-19 Economic Assessment
9.5.3. Impact on Target Market
9.5.4. Recovery Scenario
9.6. Regulatory Framework
9.6.1. Regulations of Key Countries
9.6.2. Potential Impact of Regulations
9.7. Porter’s Five Forces Analysis
9.8. Product Type Landscape
10. Global Biostimulants Market 2017 – 2032 by Source
10.1. Introduction
10.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Source [Value (US$ Mn) and Volume (Tons) Analysis]
10.3. Microbial
10.4. Non-microbial
12.3.Market Attractiveness Analysis by Source
11. Global Biostimulants Market 2017 – 2032 by Active Ingredient
11.1. Introduction
11.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Active Ingredient [Value (US$ Mn) and Volume (Tons) Analysis]
11.3. Seaweed Extracts
11.4. Humic Substances
11.5. Vitamins & Amino Acids
11.6. Microbial Amendments
11.7. Others
12.3.Market Attractiveness Analysis by Active Ingredient
12. Global Biostimulants Market 2017 – 2032 by Application
12.1. Introduction
12.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Application [Value (US$ Mn) and Volume (Tons) Analysis]
12.3. Foliar Treatment
12.4. Soil Treatment
12.5. Seed Treatment
12.3.Market Attractiveness Analysis by Application
13. Global Biostimulants Market 2017 – 2032 by Crop Type
13.1. Introduction
13.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Crop Type [Value (US$ Mn) and Volume (Tons) Analysis]
13.2.1. Row Crops
13.2.2. Fruits & Vegetables
13.2.3. Turf & Ornamentals
13.2.4. Others
12.3.Market Attractiveness Analysis by Crop Type
14. Global Biostimulants Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032 by Region
14.1. Introduction
14.2. Key Market Trends
14.3. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Region [Value (US$ Mn) and Volume (Tons) Analysis]
14.3.1. North America
14.3.2. Latin America
14.3.3. Europe
14.3.4. Asia-Pacific
14.3.5. Middle East
14.3.6. Africa
14.4. Market Attractiveness Analysis by Region
15. North America Biostimulants Market Historical Analysis 2017 – 2021 and Forecast 2022-2033
15.1. Introduction
15.2. Key Market Trends
15.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
15.3.1. By Country
15.3.1.1. U.S.
15.3.1.2. Canada
15.3.2. By Source
15.3.3. By Active Ingredient
15.3.4. By Application
15.3.5. By Crop Type
15.4. Market Attractiveness Analysis
15.4.1. By Country
15.4.2. By Source
15.4.3. By Active Ingredient
15.4.4. By Application
15.4.5. By Crop Type
16. Latin America Biostimulants Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
16.1. Introduction
16.2. Key Market Trends
16.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
16.3.1. By Country
16.3.1.1. Brazil
16.3.1.2. Mexico
16.3.1.3. Rest of Latin America
16.3.2. By Source
16.3.3. By Active Ingredient
16.3.4. By Application
16.3.5. By Crop Type
16.4. Market Attractiveness Analysis
16.4.1. By Country
16.4.2. By Source
16.4.3. By Active Ingredient
16.4.4. By Application
16.4.5. By Crop Type
17. Europe Biostimulants Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
17.1. Introduction
17.2. Key Market Trends
17.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
17.3.1. By Country
17.3.1.1. Germany
17.3.1.2. Italy
17.3.1.3. France
17.3.1.4. UK
17.3.1.5. Spain
17.3.1.6. Netherlands
17.3.1.7. Norway
17.3.1.8. Russia
17.3.1.9. Rest of Europe
17.3.2. By Source
17.3.3. By Active Ingredient
17.3.4. By Application
17.3.5. By Crop Type
17.4. Market Attractiveness Analysis
17.4.1. By Country
17.4.2. By Source
17.4.3. By Active Ingredient
17.4.4. By Application
17.4.5. By Crop Type
18. Asia-Pacific Biostimulants Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
18.1. Introduction
18.2. Key Market Trends
18.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
18.3.1. By Country
18.3.1.1. China
18.3.1.2. Japan
18.3.1.3. South Korea
18.3.1.4. India
18.3.1.5. Indonesia
18.3.1.6. Thailand
18.3.1.7. Vietnam
18.3.1.8. Australia & New Zealand
18.3.1.9. Rest of Asia-Pacific
18.3.2. By Source
18.3.3. By Active Ingredient
18.3.4. By Application
18.3.5. By Crop Type
18.4. Market Attractiveness Analysis
18.4.1. By Country
18.4.2. By Source
18.4.3. By Active Ingredient
18.4.4. By Application
18.4.5. By Crop Type
19. Middle East Biostimulants Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
19.1. Introduction
19.2. Key Market Trends
19.3. Pricing Analysis
19.4. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
19.4.1. By Country
19.4.1.1. Saudi Arabia
19.4.1.2. Turkey
19.4.1.3. U.A.E.
19.4.1.4. Rest of the Middle East
19.4.2. By Source
19.4.3. By Active Ingredient
19.4.4. By Application
19.4.5. By Crop Type
19.5. Market Attractiveness Analysis
19.5.1. By Country
19.5.2. By Source
19.5.3. By Active Ingredient
19.5.4. By Application
19.5.5. By Crop Type
20. Africa Biostimulants Market Historical Analysis 2017 – 2021 and Forecast 2017 – 2032
20.1. Introduction
20.2. Key Market Trends
20.3. Pricing Analysis
20.4. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
20.4.1. By Country
20.4.1.1. South Africa
20.4.1.2. Nigeria
20.4.1.3. Egypt
20.4.1.4. Rest of Africa
20.4.2. By Source
20.4.3. By Active Ingredient
20.4.4. By Application
20.4.5. By Crop Type
20.5. Market Attractiveness Analysis
20.5.1. By Country
20.5.2. By Source
20.5.3. By Active Ingredient
20.5.4. By Application
20.5.5. By Crop Type
21. Competition Analysis
21.1. Tier Structure Breakdown
21.2. Market Share Analysis
21.3. Production Capacity Analysis
21.4. Company Footprint Analysis
21.4.1. Product Footprint of Players
21.4.2. Regional Footprint of Players
21.4.3. Channel Footprint of Players
21.5. Brand Preference Analysis
21.6. Competition Dashboard
22. Company Profiles
22.1. Rallis India Ltd.
22.1.1. Company Overview
22.1.2. Product & Financial Portfolio
22.1.3. Manufacturing Facilities
22.1.4. Recent Developments
22.1.5. SWOT Analysis
22.1.6. Strategy Overview
22.2. Gujarat State Fertilizers & Chemicals Limited
22.3. PI Industries
22.4. Bayer AG
22.5. UPL Limited
22.6. FMC Corporation
22.7. BASF SE
22.8. Southern Petrochemical Industries Corporation
22.9. Novozymes
22.10. Syngenta
23. Assumptions and Acronyms
Facing issues finding the exact research to meet your business needs? Let us help you! One of our Research Executives will help you locate the research study that will answer your concerns.
Speak to Analyst