Global Biostimulant Market

Global Biostimulant Market by Origins (Biosynthetic Biostimulants and Natural Biostimulants), Active Ingredients (Fulvic acid, Amino Acid, Humic Acid, Protein Hydrolysates, Seaweed Extracts, and Others), Applications (Soil, Foliar, and Seed), Crop Types (Pulses & Oilseeds, Commercial Crops, Grains & Cereals, Fruits & Vegetables, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: MC-3142
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 212
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The global biostimulant market size was valued at USD 2,638 million in 2020 and is anticipated expand at a significant CAGR during the forecast period, 2021-2028. The growth of market is attributed to developing and rising demand of organic food industry, growing awareness among the farmers about the benefits of biostimulants, and adoption of sustainable farming techniques.

Global Biostimulant Market summary

Biostimulants are vividly used in application such as cereals, fruits, and vegetables and this segment constitutes around half share of the market. The ornamental and turf segment has witnessed heavy growth in demand contributing in the expansion of the market.

The Covid-19 pandemic affected the demand and supply of global biostimulant market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing demand for natural based product among population is expected to boost the market in the coming years.
  • Rising awareness among the farmers regarding the beneficial factors of biostimulants is estimated to drive the market during the forecast period.
  • Rapid adoption of sustainable method of farming is anticipated to spur the market.
  • Growing concern for environmental health is estimated to propel the market in the coming years.
  • Increasing demand for natural products such as cereals, fruits, and vegetable is anticipated to boost the market during the forecast period.
  • Growing initiative and favorable support from government is expected to elevate the market.

Scope of the market

The report on the global 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

Biostimulants market – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Origins (Biosynthetic Biostimulants and Natural Biostimulants), Active Ingredients (Fulvic acid, Amino Acid, Humic Acid, Protein Hydrolysates, Seaweed Extracts, and Others), Applications (Soil, Foliar, and Seed), Crop Types (Pulses & Oilseeds, Commercial Crops, Grains & Cereals, Fruits & Vegetables, Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

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

Key Players Covered in the Report

IIsa SpA; Agrinos AS; Biostadt India Ltd; Valagro SpA; UPL Limited.

Market segment insights

The natural biostimulants segment is expected to exhibit high CAGR

Based on the origin, the market is bifurcated into biosynthetic biostimulants and natural biostimulants. The natural biostimulants segment is expected to exhibit high CAGR during the forecast period due to characteristics present in biostimulants which enhances the soil microflora which up-stake the nutrients more efficient, boost plants immunity to combat against climatic stress and diseases pressure, and completely eradicates the use of pesticides and fertilizers causes the rise in demand.

The humic and fulvic acid segment is estimated hold key market share

On the basis of active ingredients, the market is segregated into fulvic acid, amino acid, humic acid, protein hydrolysates, seaweed extracts, and others. The humic acid segment is estimated to hold key market share in the coming years owing to be used in several crops by farmers, the product is highly potential to change the root structure, also enhances plant membrane activities of nutrients uptake and acquisition. The demand for the seaweed extract is expected to grow at a rapid pace due to growing plantation of seaweed in prominent potential markets.  

The foliar segment is anticipated to account major market share

Based on applications, the market is fragmented into soil, foliar, and seed. The foliar segment is anticipated to account major market share during the forecast period. Foliar spray increases the production yield capacity of several crops, extremely beneficial for various high valued crops and is user friendly.

Global Biostimulant Market applications

The pulses and oilseeds segment is expected to constitute major market share

Based on the crop types, the market is fragmented into pulses & oilseeds, commercial crops, grains & cereals, fruits & vegetables, and others. The pulses and oilseeds segment is expected to constitute major market share during the projected period owing to occupancy of large area required for cultivation and application trends.

Global Biostimulant Market crop types

Europe is estimated to dominate the market

In the term of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Europe is estimated to dominate the market in the coming years due to increasing adoption of sustainable techniques of farming encourages by government also presence of various biostimulants council actively supporting in the region.

Global Biostimulant Market region

Segments

Segments Covered in the Report
Global biostimulant market has been segmented on the basis of
Origins

  • Biosynthetic Biostimulants
  • Natural Biostimulants

Active ingredients

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

Applications

  • Soil
  • Foliar
  • Seed

Crop Types

  • Pulses and Oilseeds
  • Commercial Crops
  • Grains and Cereals
  • Fruits and Vegetables
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • IIsa SpA
  • Agrinos AS
  • Biostadt India Ltd
  • Valagro SpA
  • UPL Limited

 

Competitive Landscape

Key players competing in the global biostimulant market include IIsa SpA; Agrinos AS; Biostadt India Ltd; Valagro SpA; UPL Limited.

Some of these players are targeting on business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.

Global Biostimulant Market keyplayers

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Biostimulant 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. Biostimulant Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Biostimulant Market - Supply Chain
  4.5. Global Biostimulant Market Forecast
     4.5.1. Biostimulant Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Biostimulant Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Biostimulant Market Absolute $ Opportunity
5. Global Biostimulant 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. Biostimulant 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 Biostimulant Demand Share Forecast, 2019-2026
6. North America Biostimulant 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 Biostimulant 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 Biostimulant Demand Share Forecast, 2019-2026
7. Latin America Biostimulant 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 Biostimulant 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 Biostimulant Demand Share Forecast, 2019-2026
8. Europe Biostimulant 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 Biostimulant 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 Biostimulant Demand Share Forecast, 2019-2026
9. Asia Pacific Biostimulant 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 Biostimulant 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 Biostimulant Demand Share Forecast, 2019-2026
10. Middle East & Africa Biostimulant 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 Biostimulant 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 Biostimulant Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Biostimulant Market: Market Share Analysis
  11.2. Biostimulant Distributors and Customers
  11.3. Biostimulant Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. IIsa SpA
     11.4.2. Agrinos AS
     11.4.3. Biostadt India Ltd
     11.4.4. Valagro SpA
     11.4.5. UPL Limited.

Segments Covered in the Report
Global biostimulant market has been segmented on the basis of
Origins

  • Biosynthetic Biostimulants
  • Natural Biostimulants

Active ingredients

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

Applications

  • Soil
  • Foliar
  • Seed

Crop Types

  • Pulses and Oilseeds
  • Commercial Crops
  • Grains and Cereals
  • Fruits and Vegetables
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • IIsa SpA
  • Agrinos AS
  • Biostadt India Ltd
  • Valagro SpA
  • UPL Limited

 

Key players competing in the global biostimulant market include IIsa SpA; Agrinos AS; Biostadt India Ltd; Valagro SpA; UPL Limited.

Some of these players are targeting on business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.

Global Biostimulant Market keyplayers

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