1h Free Analyst Time
The Biostimulants Market size was estimated at USD 3.65 billion in 2022, USD 4.08 billion in 2023, and is expected to grow at a CAGR of 11.83% to reach USD 8.95 billion by 2030. Speak directly to the analyst to clarify any post sales queries you may have.
Biostimulants encompass a diverse group of products that enhance plant growth, nutrient efficiency, abiotic stress tolerance, and overall crop quality. Biostimulants are typically derived from natural or biological sources such as nutrients, pest control, or fertilizers to improve agricultural production. Biostimulants contain ingredients such as seaweed extracts, humic acids, amino acids, microorganisms, and others. These products have become an integral component of sustainable agriculture, using them in various crops, including fruits & and vegetables, cereals & grains, and oilseeds & pulses. The end-users of biostimulants range from small-scale farms to large agricultural operations, adapting to both organic farming methods and conventional agriculture. The biostimulant market is expanding as these innovative, natural-origin products gain traction with an upsurge in eco-conscious farming, supportive regulations, and breakthroughs in agrotech. However, the high costs of producing biostimulants and lack of standardization impede market penetration. Continual research in developing new and highly effective biostimulant solutions, the mode of delivery, and reduced production expenses present lucrative opportunities for industry growth.
Regional Insights
The biostimulants market in the Americas has been experiencing a consistent growth trend, attributed primarily to the increasing adoption of sustainable agricultural practices. The United States contributed majorly to the regional market, attributed to technological advancements and a growing organic farming sector. Additionally, governmental initiatives aiming to increase agricultural output favorably influence the region's biostimulants market. In the EMEA region, Europe is the largest region for biostimulants, with regulatory support for environmentally friendly farming practices and high awareness among farmers about the advantages of biostimulants. The implementation of the European Green Deal is further promoting the usage of biostimulants. The Middle East and Africa are presenting emerging growth potential, spurred by the demand for enhanced water usage efficiency in agriculture and the need to combat desertification and climate change impacts on agriculture. Asia-Pacific is anticipated to be the fastest-growing market for biostimulants, with the region's large agricultural sector, the necessity for high crop productivity, and increased awareness of the benefits of biostimulants. Furthermore, government initiatives in these countries to support sustainable agriculture and improve soil health further stimulate the growth of biostimulants.FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Biostimulants Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Biostimulants Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.Key Company Profiles
The report delves into recent significant developments in the Biostimulants Market, highlighting leading vendors and their innovative profiles. These include Acadian Seaplants Limited, Agricen by Nutrien, AgriLife (India) Private Limited, Agrinos, Agritecno Fertilizantes SL, Andermatt Group AG, Apple Agro, Atlántica Agrícola, S.A., Axeb Biotech SL, BASF SE, Bayer AG, BioAtlantis Ltd., Biobest Group NV, BIOIBERICA S.A.U., Biolchim S.p.A. by J.M. Huber Corporation, Bionema Limited, BioSafe Systems, LLC, BIOVERT S.L. by Sustainable Agro Solutions, S.A.U., Coromandel International Limited, Corteva, Inc., Dora Agri-Tech, Emery Oleochemicals LLC, Evonik Industries AG, FMC Corporation, Futureco Bioscience, Haifa Group, Hello Nature International Srl, Isagro S.p.A. by Gowan Company, LLC, Kelp Products International, Koppert B.V., LawrieCo, MAFA Bioscience S.A., Mitsui & Co., Ltd., Novozymes A/S, Nufarm Limited, Nutri-Tech Solutions Pty Ltd., Olmix SA, OMEX Agriculture Ltd., Peptech Biosciences Ltd., PlantoSys Nederland B.V., Pro Farm Group Inc. by Bioceres Crop Solutions Corp., Russell IPM Ltd., SEIPASA, SA, Solvay SA, Sumitomo Chemical Co., Ltd., Syngenta AG, T.Stanes and Company Limited, Toopi Organics, Trade Corporation International, S.A., UPL Limited, Vegalab SA, Verdesian Life Sciences LLC, Yara International ASA, and Éléphant Vert France.Market Segmentation & Coverage
This research report categorizes the Biostimulants Market to forecast the revenues and analyze trends in each of the following sub-markets:- Form
- Dry
- Liquid
- Ingredient
- Amino Acid
- Humic Substance
- Microbial Amendment
- Seaweed Extracts
- Crop
- Cereals & Grains
- Corn
- Rice
- Wheat
- Fruits & Vegetables
- Oilseeds & Pulses
- Turfs & Ornamentals
- Cereals & Grains
- Application
- Foliar Treatment
- Seed Treatment
- Soil Treatment
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
The report offers valuable insights on the following aspects
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as
- What is the market size and forecast of the Biostimulants Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Biostimulants Market?
- What are the technology trends and regulatory frameworks in the Biostimulants Market?
- What is the market share of the leading vendors in the Biostimulants Market?
- Which modes and strategic moves are suitable for entering the Biostimulants Market?
Please note: For this report, the purchase of an Enterprise license allows up to ten worldwide users of an organization access to the report
Please note: This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.
With the purchase of this report at the Multi-user License or greater level, you will have access to one hour with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This will need to be used within three months of purchase.
This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.
Table of Contents
1. Preface
2. Research Methodology
4. Market Overview
5. Market Insights
6. Biostimulants Market, by Form
7. Biostimulants Market, by Ingredient
8. Biostimulants Market, by Crop
9. Biostimulants Market, by Application
10. Americas Biostimulants Market
11. Asia-Pacific Biostimulants Market
12. Europe, Middle East & Africa Biostimulants Market
13. Competitive Landscape
14. Competitive Portfolio
15. Appendix
List of Figures
List of Tables
Companies Mentioned
- Acadian Seaplants Limited
- Agricen by Nutrien
- AgriLife (India) Private Limited
- Agrinos
- Agritecno Fertilizantes SL
- Andermatt Group AG
- Apple Agro
- Atlántica Agrícola, S.A.
- Axeb Biotech SL
- BASF SE
- Bayer AG
- BioAtlantis Ltd.
- Biobest Group NV
- BIOIBERICA S.A.U.
- Biolchim S.p.A. by J.M. Huber Corporation
- Bionema Limited
- BioSafe Systems, LLC
- BIOVERT S.L. by Sustainable Agro Solutions, S.A.U.
- Coromandel International Limited
- Corteva, Inc.
- Dora Agri-Tech
- Emery Oleochemicals LLC
- Evonik Industries AG
- FMC Corporation
- Futureco Bioscience
- Haifa Group
- Hello Nature International Srl
- Isagro S.p.A. by Gowan Company, LLC
- Kelp Products International
- Koppert B.V.
- LawrieCo
- MAFA Bioscience S.A.
- Mitsui & Co., Ltd.
- Novozymes A/S
- Nufarm Limited
- Nutri-Tech Solutions Pty Ltd.
- Olmix SA
- OMEX Agriculture Ltd.
- Peptech Biosciences Ltd.
- PlantoSys Nederland B.V.
- Pro Farm Group Inc. by Bioceres Crop Solutions Corp.
- Russell IPM Ltd.
- SEIPASA, SA
- Solvay SA
- Sumitomo Chemical Co., Ltd.
- Syngenta AG
- T.Stanes and Company Limited
- Toopi Organics
- Trade Corporation International, S.A.
- UPL Limited
- Vegalab SA
- Verdesian Life Sciences LLC
- Yara International ASA
- Éléphant Vert France
Methodology
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 180 |
| Published | March 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 4.08 Billion |
| Forecasted Market Value ( USD | $ 8.95 Billion |
| Compound Annual Growth Rate | 11.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 54 |
