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Biostimulants Market by Active Ingredient (Humic acids, Fulvic Acids, Seaweed, Microbials, Trace Minerals, Vitamins, and Amino acids), Application Method (Foliar, Soil, and Seed), Crop Type, & by Region - Global Trends & Forecasts to 2021

  • ID: 3756921
  • June 2016
  • Region: Global
  • 200 Pages
  • Markets and Markets
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The Biostimulants Market Is Projected to Reach USD 2.91 Billion by 2021, at a CAGR of 10.4% from 2016 to 2021

FEATURED COMPANIES

  • BASF SE
  • Biolchim S.P.A
  • Biostadt India Limited
  • Isagro SAP
  • Italpollina SAP
  • Koppert B.V.
  • MORE

The biostimulants market is projected to reach USD 2.91 billion by 2021. This market has been gaining prominence among broad-acre crops to improve the crop productivity against different stress conditions such as intense heat, drought, salinity, or floods. Factors such as raw material availability and widening applications in row crops such as cereals and oilseeds for its efficient stress response mechanism are projected to drive the biostimulants market.
“Innovative product formulations from seaweed extracts and microbials are projected to boost the biostimulants market”
Among the key ingredients considered, seaweed extracts and microbial amendments are projected to be the fastest-growing segments. Seaweed extracts provide larger benefits in terms of improving soil structure and aeration, increasing biotic and abiotic stress tolerance, enhancing seed germination, and stimulating root growth, flower set, and fruit production. For nitrogen fixation and nutrient solubilization, PGPR and PSB are projected to become an important part of biostimulant formulations.
“Asia-Pacific region is projected to be the fastest-growing region in the biostimulants market”
The READ MORE >

Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • BASF SE
  • Biolchim S.P.A
  • Biostadt India Limited
  • Isagro SAP
  • Italpollina SAP
  • Koppert B.V.
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Scope of the Study
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Units
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Research
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Factor Analysis
2.2.1 Introduction
2.2.2 Demand-Side Analysis
2.2.2.1 Decreasing Area Under Agricultural Cultivation
2.2.2.2 Increasing Growth in Fruit & Vegetable Production
2.2.3 Supply-Side Analysis
2.2.3.1 Growing Environmental Concerns
2.2.3.2 Efficient Sourcing Due to Strong Supply of Seaweeds at Lower Costs
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Market Breakdown & Data Triangulation
2.5 Research Assumptions & Limitations
2.5.1 Assumptions
2.5.2 Limitations

3 Executive Summary

4 Premium Insights
4.1 Extensive Market Opportunities in Biostimulants Market
4.2 Biostimulants Market, Key Type Segments (USD Million)
4.3 Europe: the Largest Consumer of Biostimulants
4.4 Biostimulants Market, By Country
4.5 Biostimulants Market Size, By Crop Type & Region, (USD Million)
4.6 Life Cycle Analysis, By Region

5 Market Overview
5.1 Introduction
5.2 Evolution
5.3 Market Segmentation
5.3.1 By Type
5.3.2 By Crop Type
5.3.3 By Method of Application
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 Need for Sustainable Way to Improve Crop Yield and Quality
5.4.1.1.1 Enhancing Stress Response in Crops During Harsh Conditions
5.4.1.1.2 Restoring and Enriching Degraded Soils
5.4.1.2 Easier Raw Material Availability and Limited Investments
5.4.2 Restraints
5.4.2.1 Lack of Awareness Among Farmers
5.4.3 Opportunities
5.4.3.1 Strengthen Product Portfolio for Broad-Acre Crops
5.4.3.2 Demand for Cost-Effective Portfolio in Developing Countries
5.4.4 Challenges
5.4.4.1 Unclear Legislatory Standardization of Biostimulants
5.4.4.2 Increasing Number of Players With Similar Formulations

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Supply Chain Analysis
6.3.1 Fertilizer & Insecticide Manufacturers
6.3.2 Government Regulatory Authorities
6.3.3 End Users
6.3.4 Key Influencers
6.4 Key Industry Insights
6.5 Porter’s Five Forces Analysis
6.5.1 Intensity of Competitive Rivalry
6.5.2 Threat of New Entrants
6.5.3 Threat of Substitutes
6.5.4 Bargaining Power of Suppliers
6.5.5 Bargaining Power of Buyers
6.6 Regulatory Framework
6.6.1 U.S.
6.6.2 Canada
6.6.3 Italy
6.6.4 Germany
6.6.5 Denmark
6.6.6 SAPin
6.6.7 France
6.7 Trade Analysis
6.7.1 Imports
6.7.2 Exports

7 Biostimulants Market, By Type
7.1 Introduction
7.2 Humic Substances
7.2.1 Humic Substances, By Sub-Type
7.3 Seaweed Extracts
7.4 Microbial Amendments
7.5 Trace Minerals
7.6 Vitamins & Amino Acids
7.7 Other Ingredients & Additives

8 Biostimulants Market, By Crop Type
8.1 Introduction
8.2 RoW Crops
8.3 Fruits & Vegetables
8.4 Turf & Ornamentals
8.5 Other Crop Types

9 Biostimulants Market, By Method of Application
9.1 Introduction
9.2 Foliar Treatment
9.3 Soil Treatment
9.4 Seed Treatment

10 Biostimulants Market, By Brand
10.1 Introduction
10.2 Ratchet: Novozymes A/S
10.3 Torque: Novozymes A/S
10.4 Maxicrop: Valagro SAP
10.5 T-Wave: Valagro SAP
10.6 Pilatus: Arysta Lifescience Corporation
10.7 Auxym: Italpollina SAP

11 Biostimulants Market, By Region
11.1 Introduction
11.2 North America
11.2.1 U.S.
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 SAPin
11.3.2 Italy
11.3.3 France
11.3.4 Germany
11.3.5 U.K.
11.3.6 Rest of Europe
11.4 Asia-Pacific
11.4.1 Australia
11.4.2 China
11.4.3 India
11.4.4 Indonesia
11.4.5 Japan
11.4.6 Rest of Asia-Pacific
11.5 Latin America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Rest of Latin America
11.6 Rest of the World (RoW)
11.6.1 South Africa
11.6.2 Other Countries in RoW

12 Competitive Landscape
12.1 Overview
12.2 Market Scenario & Trends
12.3 Competitive Situation & Trends
12.3.1 New Product Launches & Developments
12.3.2 Expansions & Investments
12.3.3 Agreements, Collaborations, Joint Ventures & Partnerships
12.3.4 Acquisitions

13 Company Profiles
(Company at A Glance, Business Overview, Products Offered, Key Strategy, Recent Developments, SWOT Analysis & MnM View)*
13.1 Introduction
13.2 BASF SE
13.3 Novozymes A/S
13.4 Isagro SAP
13.5 Sapec Group (Trade Corporation International)
13.6 Platform Specialty Products Corporation
13.7 Biolchim S.P.A
13.8 Valagro SAP
13.9 Koppert B.V.
13.10 Biostadt India Limited
13.11 Italpollina SAP

*Details on Company at A Glance, Recent Financials, Products Offered, Strategies & Insights, & Recent Developments Might Not Be Captured in Case of Unlisted Companies.

14 Appendix
14.1 Insights of Industry Experts
14.2 Discussion Guide
14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
14.4 Company Developments
14.5 Introducing RT: Real-Time Market Intelligence
14.6 Available Customizations

List of Tables

Table 1 Assumptions of the Study
Table 2 Diligent Efforts on Product Innovation & Distribution Network: Key Areas for Growth
Table 3 Biostimulants Market Size, By Type, 2014-2021 (USD Million)
Table 4 Humic Substances Market Size, By Sub-Type, 2014-2021 (USD Million)
Table 5 Humic Substances Market Size, By Region, 2014-2021 (USD Million)
Table 6 Seaweed Extracts Market Size, By Region, 2014-2021 (USD Million)
Table 7 Microbial Amendments Market Size, By Region, 2014-2021 (USD Million)
Table 8 Trace Minerals Market Size, By Region, 2014-2021 (USD Million)
Table 9 Vitamins & Amino Acids Market Size, By Region, 2014-2021 (USD Million)
Table 10 Other Ingredients & Additives Market Size, By Region, 2014-2021 (USD Million)
Table 11 Biostimulants Market Size, By Crop Type, 2014-2021(USD Million)
Table 12 Biostimulants Market Size, By Crop Type, 2014-2021 (‘000 HA)
Table 13 RoW Crops Market Size, By Region, 2014-2021 (USD Million)
Table 14 RoW Crops Market Size, By Region, 2014-2021 (‘000 HA)
Table 15 Fruits & Vegetables Market Size, By Region, 2014-2021 (USD Million)
Table 16 Fruits & Vegetables Market Size, By Region, 2014-2021 (‘000 HA)
Table 17 Turf & Ornamentals Market Size, By Region, 2014-2021 (USD Million)
Table 18 Turf & Ornamentals Market Size, By Region, 2014-2021 (‘000 HA)
Table 19 Other Crop Types Market Size, By Region, 2014-2021 (USD Million)
Table 20 Other Crop Types Market Size, By Region, 2014-2021 (‘000 HA)
Table 21 Biostimulants Market Size, By Method of Application, 2014-2021 (USD Million)
Table 22 Biostimulants Market Size, By Method of Application, 2014-2021 (‘000 HA)
Table 23 Foliar Application Market Size, By Region, 2014-2021 (USD Million)
Table 24 Foliar Application Market Size, By Region, 2014-2021 (‘000 HA)
Table 25 Soil Treatment Market Size, By Region, 2014-2021 (USD Million)
Table 26 Soil Treatment Market Size, By Region, 2014-2021 (‘000 HA)
Table 27 Seed Treatment Market Size, By Region, 2014-2021 (USD Million)
Table 28 Seed Treatment Market Size, By Region, 2014-2021 (’000 HA)
Table 29 Biostimulants Market Size, By Region, 2014-2021 (USD Million)
Table 30 Biostimulants Market Size, By Region, 2014-2021 (‘000 HA)
Table 31 North America: Biostimulants Market Size, By Country, 2014-2021 (USD Million)
Table 32 North America: Biostimulants Market Size, By Country, 2014-2021 (‘000 HA)
Table 33 North America: Biostimulants Market Size, By Crop Type, 2014-2021 (USD Million)
Table 34 North America: Biostimulants Market Size, By Crop Type, 2014-2021 (‘000 HA)
Table 35 North America: Biostimulants Market Size, By Type, 2014-2021 (USD Million)
Table 36 U.S.: Biostimulants Market Size, By Crop Type, 2014-2021 (USD Million)
Table 37 U.S.: Biostimulants Market Size, By Crop Type, 2014-2021 (‘000 HA)
Table 38 U.S.: Biostimulants Market Size, By Type, 2014-2021 (USD Million)
Table 39 Canada: Biostimulants Market Size, By Crop Type, 2014-2021 (USD Million)
Table 40 Canada: Biostimulants Market Size, By Crop Type, 2014-2021 (’000 HA)
Table 41 Canada: Biostimulants Market Size, By Type, 2014-2021(USD Million)
Table 42 Mexico: Biostimulants Market Size, By Crop Type, 2014-2021 (USD Million)
Table 43 Mexico: Biostimulants Market Size, By Crop Type, 2014-2021 (‘000 HA)
Table 44 Mexico: Biostimulants Market Size, By Type, 2014-2021 (USD Million)
Table 45 Europe: Biostimulants Market Size, By Country, 2014-2021 (USD Million)
Table 46 Europe: Biostimulants Market Size, By Country, 2014-2021 (’000 HA)
Table 47 Europe: Biostimulants Market Size, By Crop Type, 2014-2021 (USD Million)
Table 48 Europe: Biostimulants Market Size, By Crop Type, 2014-2021 (’000 HA)
Table 49 Europe: Biostimulants Market Size, By Type, 2014-2021 (USD Million)
Table 50 SAPin: Biostimulants Market Size, By Crop Type, 2014-2021 (USD Million)
Table 51 SAPin: Biostimulants Market Size, By Crop Type, 2014-2021 (‘000 HA)
Table 52 SAPin: Biostimulants Market Size, By Type, 2014-2021 (USD Million)
Table 53 Italy: Biostimulants Market Size, By Crop Type, 2014-2021 (USD Million)
Table 54 Italy: Biostimulants Market Size, By Crop Type, 2014-2021 (‘000 HA)
Table 55 Italy: Biostimulants Market Size, By Type, 2014-2021 (USD Million)
Table 56 France: Biostimulants Market Size, By Crop Type, 2014-2021 (USD Million)
Table 57 France: Biostimulants Market Size, By Crop Type, 2014-2021 (‘000 HA)
Table 58 France: Biostimulants Market Size, By Type, 2014-2021 (USD Million)
Table 59 Germany: Biostimulants Market Size, By Crop Type, 2014-2021 (USD Million)
Table 60 Germany: Biostimulants Market Size, By Crop Type, 2014-2021 (‘000 HA)
Table 61 Germany: Biostimulants Market Size, By Type, 2014-2021 (USD Million)
Table 62 U.K.: Biostimulants Market Size, By Crop Type, 2014-2021 (USD Million)
Table 63 U.K.: Biostimulants Market Size, By Crop Type, 2014-2021 (‘000 HA)
Table 64 U.K.: Biostimulants Market Size, By Type, 2014-2021 (USD Million)
Table 65 Rest of Europe: Biostimulants Market Size, By Crop Type, 2014-2021 (USD Million)
Table 66 Rest of Europe: Biostimulants Market Size, By Crop Type, 2014-2021 (‘000 HA)
Table 67 Rest of Europe: Biostimulants Market Size, By Type, 2014-2021 (USD Million)
Table 68 Asia-Pacific: Biostimulants Market Size, By Country, 2014-2021 (USD Million)
Table 69 Asia-Pacific: Biostimulants Market Size, By Country, 2014-2021 (‘000 HA)
Table 70 Asia-Pacific: Biostimulants Market Size, By Crop Type, 2014-2021 (USD Million)
Table 71 Asia-Pacific: Biostimulants Market Size, By Crop Type, 2014-2021 (‘000 HA)
Table 72 Asia-Pacific: Biostimulants Market Size, By Type, 2014-2021 (USD Million)
Table 73 Australia: Biostimulants Market Size, By Crop Type, 2014-2021 (USD Million)
Table 74 Australia: Biostimulants Market Size, By Crop Type, 2014-2021 (‘000 HA)
Table 75 Australia: Biostimulants Market Size, By Type, 2014-2021 (USD Million)
Table 76 China: Biostimulants Market Size, By Crop Type, 2014-2021 (USD Million)
Table 77 China: Biostimulants Market Size, By Crop Type, 2014-2021 (’000 HA)
Table 78 China: Biostimulants Market Size, By Type, 2014-2021 (USD Million)
Table 79 India: Biostimulants Market Size, By Crop Type, 2014-2021 (USD Million)
Table 80 India: Biostimulants Market Size, By Crop Type, 2014-2021 (’000 HA)
Table 81 India: Biostimulants Market Size, By Type, 2014-2021 (USD Million)
Table 82 Indonesia: Biostimulants Market Size, By Crop Type, 2014-2021 (USD Million)
Table 83 Indonesia: Biostimulants Market Size, By Crop Type, 2014-2021 (’000 HA)
Table 84 Indonesia: Biostimulants Market Size, By Type, 2014-2021 (USD Million)
Table 85 Japan: Biostimulants Market Size, By Crop Type, 2014-2021 (USD Million)
Table 86 Japan: Biostimulants Market Size, By Crop Type, 2014-2021 (’000 HA)
Table 87 Japan: Biostimulants Market Size, By Type, 2014-2021 (USD Million)
Table 88 Rest of Asia-Pacific: Biostimulants Market Size, By Crop Type, 2014-2021 (USD Million)
Table 89 Rest of Asia-Pacific: Biostimulants Market Size, By Crop Type, 2014-2021 (’000 HA)
Table 90 Rest of Asia-Pacific: Biostimulants Market Size, By Type, 2014-2021 (USD Million)
Table 91 Latin America: Biostimulants Market Size, By Country, 2014-2021 (USD Million)
Table 92 Latin America: Biostimulants Market Size, By Country, 2014-2021 (‘000 HA)
Table 93 Latin America: Biostimulants Market Size, By Crop Type, 2014-2021 (USD Million)
Table 94 Latin America: Biostimulants Market Size, By Crop Type, 2014-2021 (‘000 HA)
Table 95 Latin America: Biostimulants Market Size, By Type, 2014-2021 (USD Million)
Table 96 Argentina: Biostimulants Market Size, By Crop Type, 2014-2021 (USD Million)
Table 97 Argentina: Biostimulants Market Size, By Crop Type, 2014-2021 (’000 HA)
Table 98 Argentina: Biostimulants Market Size, By Type, 2014-2021 (USD Million)
Table 99 Brazil: Biostimulants Market Size, By Crop Type, 2014-2021 (USD Million)
Table 100 Brazil: Biostimulants Market Size, By Crop Type, 2014-2021 (’000 HA)
Table 101 Brazil: Biostimulants Market Size, By Type, 2014-2021 (USD Million)
Table 102 Rest of Latin America: Biostimulants Market Size, By Crop Type, 2014-2021 (USD Million)
Table 103 Rest of Latin America: Biostimulants Market Size, By Crop Type, 2014-2021 (’000 HA)
Table 104 Rest of Latin America: Biostimulants Market Size, By Type, 2014-2021 (USD Million)
Table 105 RoW: Biostimulants Market Size, By Country, 2014-2021 (USD Million)
Table 106 RoW: Biostimulants Market Size, By Country, 2014-2021 (‘000 HA)
Table 107 RoW: Biostimulants Market Size, By Crop Type, 2014-2021 (USD Million)
Table 108 RoW: Biostimulants Market Size, By Crop Type, 2014-2021 (‘000 HA)
Table 109 RoW: Biostimulants Market Size, By Type, 2014-2021 (USD Million)
Table 110 South Africa: Biostimulants Market Size, By Crop Type, 2014-2021 (USD Million)
Table 111 South Africa: Biostimulants Market Size, By Crop Type, 2014-2021 (’000 HA)
Table 112 South Africa: Biostimulants Market Size, By Type, 2014-2021 (USD Million)
Table 113 Other Countries in RoW: Biostimulants Market Size, By Crop Type, 2014-2021 (USD Million)
Table 114 Other Countries in RoW: Biostimulants Market Size, By Crop Type, 2014-2021 (’000 HA)
Table 115 Other Countries in RoW: Biostimulants Market Size, By Type, 2014-2021 (USD Million)
Table 116 New Product Launches& Developments, 2011-2016
Table 117 Expansions & Investments, 2015-2016
Table 118 Agreements, Collaborations, Joint Ventures & Partnerships, 2014-2016
Table 119 Acquisitions, 2014-2016

List of Figures

Figure 1 Biostimulants Market Segmentation
Figure 2 Research Design: Biostimulants Market
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation & Region
Figure 4 Global Area Under Agricultural Practice, 2010-2013 (Million Hectares)
Figure 5 Global Arable Land & Permanent Croplands Share, By Region, 2013
Figure 6 Global Area Harvested Under Fruits, Vegetables & Other High-Value Crops, 2010-2013 (Million Hectares)
Figure 7 Global Production of Fruits, Vegetables & Other High-Value Crops, 2010-2013 (Million Tons)
Figure 8 Key Global Producers of Seaweeds, 2000-2012 (‘000 Tons)
Figure 9 Market Size Estimation Methodology: Bottom-Up Approach
Figure 10 Market Size Estimation Methodology: Top-Down Approach
Figure 11 Data Triangulation
Figure 12 Biostimulants Market Snapshot, 2016 vs 2021: Seaweed Extracts & Microbial Amendments Poised for Strong Growth (USD Million)
Figure 13 RoW Crops and Plantation Crops: Most Attractive Growth Segments, 2016-2021 (‘000 HA)
Figure 14 Strong Growth Trend Observed in the Asia-Pacific Region, 2016-2021 (USD Million)
Figure 15 A Prospective Market With Robust Growth Potential, 2016-2021 (USD Million)
Figure 16 Formulations Mostly Developed Based on Humic Acids and Seaweed Extracts, 2016-2021 (USD Million)
Figure 17 Innovative & Sustainable Practices Influence Product Enhancements for RoW Crops, 2015
Figure 18 Country-Level Shares Highlight the Fragmented & Nascent Stage of the Market, 2015 (USD Million)
Figure 19 Other Crops Segment Projected to Drive Asia-Pacific & Latin America Markets, 2021 (USD Million)
Figure 20 Asia-Pacific Approaching the Growth Phase With A Promising Future, 2016
Figure 21 Development of Biostimulants
Figure 22 Biostimulants Market Segmentation, By Type
Figure 23 Biostimulants Market, By Crop Type
Figure 24 Biostimulants Market, Method of Application
Figure 25 Promising Results and Organic Products Driving Market Demand
Figure 26 Global Harvested Area of Cereals and Oilseeds, 2011-2015 (‘000 HA)
Figure 27 Crop Harvested Area in Asia & South America, 2011-2015 (‘000 HA)
Figure 28 Manufacturing Process: Main Phase of Value Addition
Figure 29 Raw Material Accessibility & Efficient Marketing Channels: Critical Checkpoints
Figure 30 Porter’s Five Forces Analysis, 2015: Stronger R&D Support has Intensified the Industrial Rivalry
Figure 31 Key Importers of Animal Or Vegetable Fertilizers, 2011-2015 (‘000 Tons)
Figure 32 Key Exporters of Animal Or Vegetable Fertilizers, 2011-2015 (‘000 Tons)
Figure 33 Biostimulants Market Size, By Type, 2016 vs 2021 (USD Million)
Figure 34 Humic Substances Market Size, By Region, 2016 vs 2021 (USD Million)
Figure 35 Seaweed Extracts Market Size, By Region, 2016 vs 2021 (USD Million)
Figure 36 Microbial Amendments Market Size, By Region, 2016 vs 2021 (USD Million)
Figure 37 Trace Minerals Market Size, By Region, 2016 vs 2021 (USD Million)
Figure 38 Vitamins & Amino Acids Market Size, By Region, 2016 vs 2021 (USD Million)
Figure 39 Other Ingredients & Additives Market Size, By Region, 2016 vs 2021 (USD Million)
Figure 40 Biostimulants Market Size, By Crop Type, 2016 vs 2021 (USD Million)
Figure 41 RoW Crops Market Size, By Region, 2016 vs 2021 (USD Million)
Figure 42 Fruits & Vegetables Market Size, By Region, 2016 vs 2021 (USD Million)
Figure 43 Turf & Ornamentals Market Size, By Region, 2016 vs 2021 (USD Million)
Figure 44 Other Crops Market Size, By Region, 2016 vs 2021 (USD Million)
Figure 45 Biostimulants Market Size, By Method of Application, 2016 vs 2021 (USD Million)
Figure 46 Foliar Treatment Market Size, By Region, 2016 vs 2021 (USD Million)
Figure 47 Soil Treatment Market Size, By Region, 2016 vs 2021 (USD Million)
Figure 48 Seed Treatment Market Size, By Region, 2016 vs 2021 (USD Million)
Figure 49 Geographic Snapshot (2016-2021): Asia-Pacific Markets are Emerging as New Hot Spots
Figure 50 North American Market Snapshot: Modern Agricultural Practices & Sustainable Farming Drive the Market, 2015
Figure 51 European Biostimulants Market: A Snapshot, 2015
Figure 52 Asia-Pacific: Australia Leads the Way for the Biostimulants Market, 2015
Figure 53 Acquisitions: Leading Approach of Key Companies, 2011-2016
Figure 54 New Product Launches: Prominent Strategy to Sustain Competition
Figure 55 Geographical Revenue Mix of Top 5 Market Players
Figure 56 BASF SE: Company Snapshot
Figure 57 BASF SE: SWOT Analysis
Figure 58 Novozymes A/S: Company Snapshot
Figure 59 Novozymes A/S: SWOT Analysis
Figure 60 Isagro SAP: Company Snapshot
Figure 61 Isagro SAP: SWOT Analysis
Figure 62 Sapec Group: Company Snapshot
Figure 63 Sapec Group: SWOT Analysis
Figure 64 Platform Specialty Products Corporation: Company Snapshot
Figure 65 Platform Specialty Products Corporation: SWOT Analysis

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • BASF SE
  • Biolchim S.P.A
  • Biostadt India Limited
  • Isagro SAP
  • Italpollina SAP
  • Koppert B.V.
  • MORE

The biostimulants market is projected to grow at a CAGR of 10.4% from 2016 to 2021 and reach a projected value of USD 2.91 Billion by 2021. In terms of area of application, the biostimulants market is projected to grow at a CAGR of 11.7% from 2016 to 2021, to reach USD 24.9 Million hectares by 2021. Factors such as raw material availability and widening applications in row crops such as cereals and oilseeds for its efficient stress response mechanism are projected to drive the biostimulants market.

The biostimulant products are gaining popularity for their fastest-growing innovative ingredient segments such as seaweed extracts and microbial amendments, owing to the need for adopting sustainable practices effectively with limited resources (land, water, and nutrients).

In the biostimulants market, row crops are projected to gain strong growth, in terms of value and area, in the next five years with respect to strengthen crop production during adverse stress conditions such as drought and intense heat.

Europe accounted for the largest market share in 2015, whereas the Asia-Pacific region is the fastest-growing market from 2016 to 2021 with respect to biostimulants. Growth in the Asia-Pacific region has been attributed to the strong demand to improve crop productivity of cereals and oilseeds within the concept of good agricultural practices.

Raw materials such as humic substances, organic waste matter, and vermicompost are utilized by farmers from their own farm resources, without complete awareness of their function as sources of biostimulants such as humic acids and fulvic acids. The popularity of biostimulant products depends on the understanding of its constituents and benefits, among the farmers. Companies, being aware of the effectiveness of these specific acids, extract them and provide them as ready-to-use end products to the market, sometimes formulated along with microbials and amino acids. The information gap caused by misplaced marketing about the concept of biostimulants serves as a challenge toward the growth of the biostimulants market.

The key players have been exploring the market in new regions by adopting strategies such as new product launches, and expansion & investments in the last five years. On the backdrop, acquisitions of seaweed manufacturers and extractors for their technologies also take place in a subtle manner.

According to M&M, Biolchim SpA (Italy), Valagro SpA (Italy), and Italpollina SpA (Italy) are important players involved in raw material supply of seaweed extracts as well as in its formulations for biostimulant products. Well-established back-end and front-end operations of these companies, impressive product portfolio launches, and acquisition of seaweed processors are projected to further stabilize the position in the European as well as the overseas market.

Exteneded Description

This market has been gaining prominence among broad-acre crops to improve the crop productivity against different stress conditions such as intense heat, drought, salinity, or floods. Factors such as raw material availability and widening applications in row crops such as cereals and oilseeds for its efficient stress response mechanism are projected to drive the biostimulants market.

“Innovative product formulations from seaweed extracts and microbials are projected to boost the biostimulants market”

Among the key ingredients considered, seaweed extracts and microbial amendments are projected to be the fastest-growing segments.

Seaweed extracts provide larger benefits in terms of improving soil structure and aeration, increasing biotic and abiotic stress tolerance, enhancing seed germination, and stimulating root growth, flower set, and fruit production. For nitrogen fixation and nutrient solubilization, PGPR and PSB are projected to become an important part of biostimulant formulations.

“Asia-Pacific region is projected to be the fastest-growing region in the biostimulants market”

The growth in the Asia-Pacific region is supported by the increasing demand to step up the productivity of intensely cultivated food crops such as rice, wheat, soybeans, and corn. Biostimulants not only enhance crop growth during harsh conditions in these regions but also improve the crop yield and quality.

Break-up of primaries, by the following:
- By Company Type: Tier 1 – 20%, Tier 2 – 50%, and Tier 3 – 30%
- By Designation: C level – 28%, Director level – 22%, and Others – 50%
- By Region: Europe – 40%, North America – 25%, APAC – 22%, and Latin America – 13%

Key market players such as BASF SE (Germany), Novozymes A/S (Denmark), Isagro SpA (Italy), Platform Specialty Products Company (U.S.), Valagro SpA (Italy), and Biolchim SpA (Italy) have been profiled in the report. Other players include Sapec Group (Portugal), Koppert B.V. (the Netherlands), Biostadt India Limited (India), and Italpollina SpA (Italy).

Reasons to buy this report:
- To get an overview of the global biostimulants market
- To gain insights of the key players of the industry, their product portfolios, and key strategies adopted by them
- To get an overview about the countries/regions witnessing strong demand in the biostimulants sector in order to ascertain investment decisions for business operations
- To gain knowledge of the growth of various subsegments in order to strengthen the areas for product launches and innovations, and service customization

Note: Product cover images may vary from those shown
4 of 5

- BASF SE
- Biolchim S.P.A
- Biostadt India Limited
- Isagro SAP
- Italpollina SAP
- Koppert B.V.
- Novozymes A/S
- Platform Specialty Products Corporation
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