Biostimulants Market Size, Share & Trends Report

Biostimulants Market Size, Share & Trends Analysis Report By Active Ingredients (Acid Based, Microbial), By Crop Type, By Application (Foliar, Soil Treatment), By Region, And Segment Forecasts, 2023 - 2030

  • Report ID: GVR-2-68038-346-1
  • Number of Pages: 150
  • Format: Electronic (PDF)

Market Segmentation

  • Biostimulants Active Ingredient Outlook (Volume, Million Hectare; Revenue, USD Million, 2018 - 2030)
    • Acid based
    • Seaweed Extract
    • Microbial
    • Others
  • Biostimulants Crop Type Outlook (Volume, Million Hectare; Revenue, USD Million, 2018 - 2030)
    • Row Crops & Cereals
    • Fruits and vegetables
    • Turf and Ornamentals
    • Others
  • Biostimulants Application Outlook (Volume, Million Hectare; Revenue, USD Million, 2018 - 2030)
    • Foliar Treatment
    • Soil Treatment
    • Seed Treatment
  • Biostimulants Regional Outlook (Volume, Million Hectare; Revenue, USD Million, 2018 - 2030)
    • North America
      • North America Biostimulants Market, by Active Ingredients
        • Acid based
        • Seaweed Extract
        • Microbial
        • Others
      • North America Biostimulants Market, by Crop Type
        • Row Crops & Cereals
        • Fruits and vegetables
        • Turf and Ornamentals
        • Others
      • North America Biostimulants Market, by Application
        • Foliar Treatment
        • Soil Treatment
        • Seed Treatment
      • U.S.
        • U.S. Biostimulants Market, by Active Ingredients
          • Acid based
          • Seaweed Extract
          • Microbial
          • Others
        • U.S. Biostimulants Market, by Crop Type
          • Row Crops & Cereals
          • Fruits and vegetables
          • Turf and Ornamentals
          • Others
        • U.S. Biostimulants Market, by Application
          • Foliar Treatment
          • Soil Treatment
          • Seed Treatment
    • Europe
      • Europe Biostimulants Market, by Active Ingredients
        • Acid based
        • Seaweed Extract
        • Microbial
        • Others
      • Europe Biostimulants Market, by Crop Type
        • Row Crops and Cereals
        • Fruits and vegetables
        • Turf and Ornamentals
        • Others
      • Europe Biostimulants Market, by Application
        • Foliar Treatment
        • Soil Treatment
        • Seed Treatment
      • Germany
        • Germany Biostimulants Market, by Active Ingredients
          • Acid based
          • Seaweed Extract
          • Microbial
          • Others
        • Germany Biostimulants Market, by Crop Type
          • Row Crops and Cereals
          • Fruits and vegetables
          • Turf and Ornamentals
          • Others
        • Germany Biostimulants Market, by Application
          • Foliar Treatment
          • Soil Treatment
          • Seed Treatment
      • U.K.
        • U.K. Biostimulants Market, by Active Ingredients
          • Acid based
          • Seaweed Extract
          • Microbial
          • Others
        • U.K. Biostimulants Market, by Crop Type
          • Row Crops and Cereals
          • Fruits and vegetables
          • Turf and Ornamentals
          • Others
        • U.K. Biostimulants Market, by Application
          • Foliar Treatment
          • Soil Treatment
          • Seed Treatment
      • Italy
        • Italy Biostimulants Market, by Active Ingredients
          • Acid based
          • Seaweed Extract
          • Microbial
          • Others
        • Italy Biostimulants Market, by Crop Type
          • Row Crops and Cereals
          • Fruits and vegetables
          • Turf and Ornamentals
          • Others
        • Italy Biostimulants Market, by Application
          • Foliar Treatment
          • Soil Treatment
          • Seed Treatment
    • Asia Pacific
      • Asia Pacific Biostimulants Market, by Active Ingredients
        • Acid based
        • Seaweed Extract
        • Microbial
        • Others
      • Asia Pacific Biostimulants Market, by Crop Type
        • Row Crops and Cereals
        • Fruits and vegetables
        • Turf and Ornamentals
        • Others
      • Asia Pacific Biostimulants Market, by Application
        • Foliar Treatment
        • Soil Treatment
        • Seed Treatment
      • China
        • China Biostimulants Market, by Active Ingredients
          • Acid based
          • Seaweed Extract
          • Microbial
          • Others
        • China Biostimulants Market, by Crop Type
          • Row Crops and Cereals
          • Fruits and vegetables
          • Turf and Ornamentals
          • Others
        • China Biostimulants Market, by Application
          • Foliar Treatment
          • Soil Treatment
          • Seed Treatment
      • India
        • India Biostimulants Market, by Active Ingredients
          • Acid based
          • Seaweed Extract
          • Microbial
          • Others
        • India Biostimulants Market, by Crop Type
          • Row Crops and Cereals
          • Fruits and vegetables
          • Turf and Ornamentals
          • Others
        • India Biostimulants Market, by Application
          • Foliar Treatment
          • Soil Treatment
          • Seed Treatment
      • Japan
        • Japan Biostimulants Market, by Active Ingredients
          • Acid based
          • Seaweed Extract
          • Microbial
          • Others
        • Japan Biostimulants Market, by Crop Type
          • Row Crops and Cereals
          • Fruits and vegetables
          • Turf and Ornamentals
          • Others
        • Japan Biostimulants Market, by Application
          • Foliar Treatment
          • Soil Treatment
          • Seed Treatment
      • Australia
        • Australia Biostimulants Market, by Active Ingredients
          • Acid based
          • Seaweed Extract
          • Microbial
          • Others
        • Australia Biostimulants Market, by Crop Type
          • Row Crops and Cereals
          • Fruits and vegetables
          • Turf and Ornamentals
          • Others
        • Australia Biostimulants Market, by Application
          • Foliar Treatment
          • Soil Treatment
          • Seed Treatment
    • Central & South America
      • Central & South America Biostimulants Market, by Active Ingredients
        • Acid based
        • Seaweed Extract
        • Microbial
        • Others
      • Central & South America Biostimulants Market, by Crop Type
        • Row Crops and Cereals
        • Fruits and vegetables
        • Turf and Ornamentals
        • Others
      • Central & South America Biostimulants Market, by Application
        • Foliar Treatment
        • Soil Treatment
        • Seed Treatment
      • Brazil
        • Brazil Biostimulants Market, by Active Ingredients
          • Acid based
          • Seaweed Extract
          • Microbial
          • Others
        • Brazil Biostimulants Market, by Crop Type
          • Row Crops and Cereals
          • Fruits and vegetables
          • Turf and Ornamentals
          • Others
        • Brazil Biostimulants Market, by Application
          • Foliar Treatment
          • Soil Treatment
          • Seed Treatment
    • Middle East & Africa
      • Middle East & Africa Biostimulants Market, by Active Ingredients
        • Acid based
        • Seaweed Extract
        • Microbial
        • Others
      • Middle East & Africa Biostimulants Market, by Crop Type
        • Row Crops and Cereals
        • Fruits and vegetables
        • Turf and Ornamentals
        • Others
      • Middle East & Africa Biostimulants Market, by Application
        • Foliar Treatment
        • Soil Treatment
        • Seed Treatment

Biostimulants Market Dynamics

Driver: Rising focus to enhance productivity from sustainable agricultural practices

Biostimulants assist in enhancing the microflora, which, in turn, results in improved efficiency of nutrient uptake by the plant. They increase the antioxidant activity and decrease the plant stress against the environment and various diseases. The hormones stimulate growth accompanied by root development and cell enlargement, therefore, promoting the vigor and overall health of the plant. Biostimulants contain natural and environment-friendly degradable materials, which do not affect the surroundings of the plant. Therefore, they are witnessing a high demand for organic farming practices. The organic food sector has been witnessing substantial growth in recent years owing to the rising health-related concerns among consumers. Organic food contains all the necessary nutrients and does not contain harmful toxins that are injurious to human health. According to the USDA, the ratio of import to export of organic products in the U.S. is 8:1. The growing demand for organic food has contributed toward the adoption of biobased products by food & beverage producers in the United States. Organic foods contain the necessary nutrients and do not possess unnecessary toxins that are harmful to human health. Organic vegetables and fruits have witnessed a noteworthy rise in demand in the past couple of years due to their nutritional value, fewer to no traces of residue of pesticides, and high sustainability. Consumers worldwide are gradually realizing the long-term benefits presented by organic farming. In 2012, the organic food sales in Germany reached USD 7.71 billion. According to the Organic Consumers Association, in 2016, approximately 140,000 farmers in Europe were engaged in organic farming and used about 12.6 million acres of land. This rise in organic farming is a result of the stringent environmental regulations in Europe and the growing consumer demand for organic products. Organic farming is most likely to witness unprecedented growth in the next few years due to the rising adoption in developing economies, which, in turn, is predicted to supplement the demand for biostimulants in the upcoming years.

Opportunity: Product innovations and favorable regional scenarios leading to a surge in demand

Product innovation and constant research & development to enhance performance efficiency are most likely to create lucrative growth opportunities. Moreover, as it is a lesser-labor-intensive application technique, it is likely to witness mass adoption among small as well as medium-scale crop growers. Corn, soybeans, barley, oats, millets, and cotton are referred to as row crops or commodity crops. These crops are grown widely across the globe in large areas and offer lucrative growth opportunities for biostimulants. The average farm size for vegetable production has increased giving escalation to more growth opportunities for biostimulants makers in Canada. The demand for potato, which is the fourth largest consumed vegetable across the globe is witnessing an increase owing to the increasing consumption. These factors are expected to provide ample growth opportunities for biostimulant producers in the United States. The UK has been aiming to meet the demand for barley and sorghum from China, however, China recently shifted to importing barley and sorghum which has resulted in the UK planning for increased production of barley and sorghum. This is expected to provide growth opportunities for the producers of biostimulants in the region. The agriculture sector in the Asia Pacific region is witnessing growth accompanied by an increasing population that is mainly reliant on the farming sector, posing lucrative growth opportunities for the biostimulants market in the region.

Restraint: Lack of awareness in farmers

The growth of the global biostimulants market is highly controlled by the lack of awareness regarding the benefits related to the usage of biobased products in agricultural activities among farmers. Most of the consumers, farmers in developing economies, are unaware about the application of biostimulants. Lack of awareness regarding the biostimulants among farmers has been a major concern. Most farmers still use synthetic pesticides for crop protection and the enhancement of plant growth. A large section of farmers across the world is still unaware of its advantages over other fertilizers and does not use biostimulants for soil amendment or crop growth. Lack of knowledge and illiteracy among most farmers in developing countries such as China, India, and others is one of the most interfering factors in the growth of the biostimulant market. A large number of farmers in the region are unaware of the advanced farming techniques used in sustainable farming. Farmers and consumers need training and assistance from experts such as soil scientists and horticulturalists about the potential benefits of biostimulant applications to reduce the restraining force. A robust industry is only possible if farmers and consumers are aware of the potential benefits of organic farming. Farm planning and management assistance, sessions with crop advisors, and meeting with representatives from various seed companies are some of the solutions how consumer and buyer awareness can be increased

What Does This Report Include?

This section will provide insights into the contents included in this biostimulants market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Biostimulants market qualitative analysis

  • Industry overview

  • Industry trends

  • Market drivers and restraints

  • Market size

  • Growth prospects

  • Porter’s analysis

  • PESTEL analysis

  • Key market opportunities prioritized

  • Competitive landscape

    • Company overview

    • Financial performance

    • Product benchmarking

    • Latest strategic developments

Biostimulants market quantitative analysis

  • Market size, estimates, and forecast from 2018 to 2030

  • Market estimates and forecast for product segments up to 2030

  • Regional market size and forecast for product segments up to 2030

  • Market estimates and forecast for application segments up to 2030

  • Regional market size and forecast for application segments up to 2030

  • Company financial performance

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