Asia Pacific Biostimulants Market cover

Asia Pacific Biostimulants Market by Active Ingredients (Fulvic Acid, Protein Hydrolysates, Humic Acid, Amino Acids, Seaweed Extracts, and Others), Origins (Biosynthetic Biostimulants and Natural Biostimulants), Applications (Soil, Foliar, and Seed), Crop Types (Oilseeds, Turf & Ornamentals, Cereals, Fruits & Vegetables, and Others), and Geography (Japan, Australia, China, India, and Rest of Asia Pacific) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: MC-2037
  • Author: Growth Market Reports
  • Rating: 4.9
  • Total Reviews: 3
  • No. Of Pages: 193
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  • Pub. Date: Upcoming
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The Asia Pacific biostimulants market size is projected to expand at a considerable CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the rising need for support crop owing to changing climatic conditions & abiotic stress, increasing focus on enhancing productivity and growing demand for the high value crops.

Biostimulants are the natural products made from microorganism applied to crops that decreases the need for fertilizers and raises plant growth. These are very efficient and helps in the good performance of the plant important processes also it allows good quality as well as high yields products. It can be available in the synthetic or natural substances and also applied on soil, seeds, and plants.

Asia Pacific Biostimulants Market summary

Biostimulants decreases the need for fertilizers. It helps to boost the plant development and allows growth throughout the lifecycle of crop from generation of seed to the maturity of plants. These fertilizers help to facilitate the nutrients assimilation, use, and translocation as well as it in increases the fertility of the soil by stimulation of the development of soil microorganism that are interdependent.

 Market Trends, Drivers, Restraints, and Opportunities

  • Rising awareness of the benefits of biostimulants is expected to boost the market expansion in the coming years.
  • Rapid growth of the agriculture industry is major factor propelling the market growth during the forecast period.
  • High cost of the biostimulants is estimated to restrict the market expansion in the coming years.
  • Lack of awareness regarding the use among farmers acts as main challenge that can impede the growth.  
  • R&D investment and technological advancement in biostimulants are anticipated to offer lucrative opportunities for the market players.

Scope of the Report

The report on the Asia Pacific biostimulants market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Asia Pacific Biostimulants Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Active Ingredients (Fulvic Acid, Protein Hydrolysates, Humic Acid, Amino Acids, Seaweed Extracts, and Others), Origins (Biosynthetic Biostimulants and Natural Biostimulants), Applications (Soil, Foliar, and Seed), Crop Types (Oilseeds, Turf & Ornamentals, Cereals, Fruits & Vegetables, and Others)

Geography

Japan, Australia, China, India, and Rest of Asia Pacific

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

UPL Limited; Valagro; Biostadt India Limited; Micromix Plant Health Limited; Lallemand; Isagro; BASF; Bayer; Acadian Seaplants; Biolchim; Koppert Biological Systems; and FMC Corporation

Market Segment Insights:

Amino acids segment is projected to account for a large market share

Based on active ingredients, the Asia Pacific biostimulants market is divided into fulvic acid, protein hydrolysates, humic acid, amino acids, seaweed extracts, and others. The amino acids segment is expected to constitute a key share of the market during the forecast period owing to its high usage in various applications and as it activates the metabolic systems of seed & plant germination. However, the humic acid segment is anticipated to expand at a rapid pace during the forecast period due to high usage owing to presence of plant growth substance.

Natural biostimulants segment is projected to hold a key market share

On the basis of origins, the market is segmented into biosynthetic biostimulants and natural biostimulants. The natural biostimulants segment is expected to represent a key share of the market in the coming years due to it abiotic stress tolerance, enhances nutrition efficiency, and improves crop quality. On the other hand, the biosynthetic biostimulants segment is anticipated to expand at a rapid pace during the forecast period owing to it increases the plant growth, decreases the need for fertilizers, and it resist to water.

Seed segment is projected to constitute a major market share

In terms of applications, the Asia Pacific biostimulants market is segregated into soil, foliar, and seed. The seed segment is expected to account for a key share of the market during the forecast period owing to conventional spray techniques and its cost effective applications. However, the foliar segment is anticipated to expand at a rapid pace during the forecast period due to as it is applied on leaves to facilitate the easy adoption of the nutrients.

Asia Pacific Biostimulants Market application

Cereals segment is projected to account for a large market share

Based on crop types, the market is divided into oilseeds, turf & ornamentals, cereals, fruits & vegetables, and others. The cereals segment is expected to constitute a key share of the market during the forecast period owing to rising demand for the organic cereals and increasing acceptability for the organic farming. However, the fruits & vegetables segment is anticipated to expand at a rapid pace during the forecast period due to increasing demand for nutrients fruits & vegetables and rising trend for fitness.

 China is anticipated to dominate the market

On the basis of geography, the Asia Pacific biostimulants market is categorized as Japan, Australia, China, India, and Rest of Asia Pacific. The market of China is anticipated to expand at an impressive CAGR during the forecast period. The regional market growth can be attributed to rising emphasis on the government on adopting sustainable farming substance, method, and tools. On the other hand, the market of India is expected to exhibit a rapid growth rate in the coming years due to rising adoption of organic agriculture.

Asia Pacific Biostimulants Market geography

Segments

Segments Covered in the Report

The Asia Pacific biostimulants market has been segmented on the basis of

Active Ingredients

  • Fulvic Acid
  • Protein Hydrolysates
  • Humic Acid
  • Amino Acids
  • Seaweed Extracts
  • Others

Origins

  • Biosynthetic Biostimulants
  • Natural Biostimulants

Applications

  • Soil
  • Foliar
  • Seed

Crop Types

  • Oilseeds
  • Turf & Ornamentals
  • Cereals
  • Fruits & Vegetables
  • Others

Geography

  • Japan
  • Australia
  • China
  • India
  • Rest of Asia Pacific

Key Players

  • UPL Limited
  • Valagro
  • Biostadt India Limited
  • Micromix Plant Health Limited
  • Lallemand
  • Isagro
  • BASF
  • Bayer
  • Acadian Seaplants
  • Biolchim
  • Koppert Biological Systems
  • FMC Corporation

Competitive Landscape

Key players competing in the Asia Pacific biostimulants market include UPL Limited; Valagro; Biostadt India Limited; Micromix Plant Health Limited; Lallemand; Isagro; BASF; Bayer; Acadian Seaplants; Biolchim; Koppert Biological Systems; and FMC Corporation. Some of these players are engaged in several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.

Asia Pacific Biostimulants Market keyplayers

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Biostimulants Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Biostimulants Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Biostimulants Market - Supply Chain
  4.5. Global Biostimulants Market Forecast
     4.5.1. Biostimulants Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Biostimulants Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Biostimulants Market Absolute $ Opportunity
5. Global Biostimulants Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Biostimulants Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Biostimulants Demand Share Forecast, 2019-2026
6. North America Biostimulants Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Biostimulants Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Biostimulants Demand Share Forecast, 2019-2026
7. Latin America Biostimulants Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Biostimulants Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Biostimulants Demand Share Forecast, 2019-2026
8. Europe Biostimulants Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Biostimulants Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Biostimulants Demand Share Forecast, 2019-2026
9. Asia Pacific Biostimulants Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Biostimulants Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Biostimulants Demand Share Forecast, 2019-2026
10. Middle East & Africa Biostimulants Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Biostimulants Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Biostimulants Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Biostimulants Market: Market Share Analysis
  11.2. Biostimulants Distributors and Customers
  11.3. Biostimulants Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. UPL Limited
     11.4.2. Valagro
     11.4.3. Biostadt India Limited
     11.4.4. Micromix Plant Health Limited
     11.4.5. Lallemand
     11.4.6. Isagro
     11.4.7. BASF
     11.4.8. Bayer

Segments Covered in the Report

The Asia Pacific biostimulants market has been segmented on the basis of

Active Ingredients

  • Fulvic Acid
  • Protein Hydrolysates
  • Humic Acid
  • Amino Acids
  • Seaweed Extracts
  • Others

Origins

  • Biosynthetic Biostimulants
  • Natural Biostimulants

Applications

  • Soil
  • Foliar
  • Seed

Crop Types

  • Oilseeds
  • Turf & Ornamentals
  • Cereals
  • Fruits & Vegetables
  • Others

Geography

  • Japan
  • Australia
  • China
  • India
  • Rest of Asia Pacific

Key Players

  • UPL Limited
  • Valagro
  • Biostadt India Limited
  • Micromix Plant Health Limited
  • Lallemand
  • Isagro
  • BASF
  • Bayer
  • Acadian Seaplants
  • Biolchim
  • Koppert Biological Systems
  • FMC Corporation

Key players competing in the Asia Pacific biostimulants market include UPL Limited; Valagro; Biostadt India Limited; Micromix Plant Health Limited; Lallemand; Isagro; BASF; Bayer; Acadian Seaplants; Biolchim; Koppert Biological Systems; and FMC Corporation. Some of these players are engaged in several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.

Asia Pacific Biostimulants Market keyplayers

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