Asia-Pacific Biostimulants Market Introduction and Overview
According to SPER Market Research, Asia-Pacific Biostimulants Market is estimated to reach USD 1.90 billion by 2033 with a CAGR of 10.54%.
The report includes an in-depth analysis of Asia-Pacific Biostimulants Market, including market size and trends, product mix, applications, and supplier analysis. Biostimulants are created to help farmers fulfil expanded farming needs on a manageable premise. Biostimulants help crop yield and its worth, which undoubtedly influences farm efficiency. Rural biostimulant is contained various mixtures of synthetic compounds, substances, and miniature living beings that are added to the plants or soils to help crop force, creation, aversion to abiotic strain, and quality. Biostimulants are created for ranchers to fulfil the need for practical agribusiness including quality and further developed crop yield, and in any event, for the shoppers to satisfy the need for natural items to adapt to well-being and security principles. Hence, because of this, financial backers are progressively keen on the biostimulant class regarding the critical development potential.
- February 2022: Gujarat State Fertilizers and Chemicals Ltd sent off the Metropolitan Sardar natural manure, an eco-accommodating and non-poisonous item containing natural wellsprings of supplements best appropriate for every blooming plant and fancy plants, nurseries, and kitchen cultivating.
- January 2021: Atlántica Agrícola created Micomix, a biostimulant made fundamentally from mycorrhizal parasites, rhizobacteria, and chelated micronutrients. The presence and improvement of these microorganisms in the rhizosphere make a cooperative relationship with the plant that inclines toward the retention of water and mineral supplements and expands its resistance to water and salt pressure.
Market Opportunities and Challenges
Opportunities- Buyer's utilization of biostimulants has been pushed because of their appeal. This is chiefly attributable to the developing interest of researchers, confidential industry, and ranchers who are integrating such nature based items into various products to the ecosystem assets which guarantee expanded plant quality and improved yield. The adverse consequence of over the top utilization of substance composts influences the whole biological system which brings about draining, water contamination, loss of microorganisms and harmless to the ecosystem bugs, soil fermentation or alkalization, and absence of soil fruitfulness. It has been seen that shoppers favour natural items which are filled in a more practical manner, with negligible utilization of solid synthetic composts. Producers are adjusting biostimulants as they wish for greener choices to develop their yields. Subsequently, associations are leading gatherings concerning biostimulants as most would consider to be normal to set out open doors with a few advantages regarding crop development and efficiency.
Challenges- In recent times, biostimulant creation has been founded on normal unrefined substances, and especially waste streams have acquired prevalence in the farming field. However, various advantages including the capacity to upgrade crop efficiency and soil richness, certain elements influence crop creation for which makers might require putting away enormous measures of cash. The fundamental element that affects its creation is the synthesis of parts, like, amino acids, protein hydrolysates, chitin, chitosan, and others. The part of the biostimulant item might get impacted because of many factors like developing circumstances, area, season, organ, period of development, species, and assortment. Due to varieties in these elements, the reaction of the objective yield might shift in field and climate. Changes set up, natural circumstances, and numerous others influence the substance extent of biostimulants and thus it prompts variety in crop efficiency and consequently is supposed to hamper the development of the market.
Market Competitive Landscape
Asia-Pacific Biostimulants Market is a highly competitive arena due to the presence of multiple global and regional companies in the competitive environment. Leading companies in the industry are ATLÁNTICA AGRÍCOLA, Bayer AG, Biolchim SPA, Biostadt India Limited, Haifa Group, Koppert Biological Systems, and Trade Corporation International and Others.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Form, By Crop Type
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| Regions covered | Australia, China, Indonesia, India, Malaysia, Philippines, South Korea, Thailand, Japan, Singapore, and the Rest of Asia-Pacific.
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| Companies Covered | ATLÁNTICA AGRÍCOLA, Bayer AG, Biolchim SPA, Biostadt India Limited, Haifa Group, Koppert Biological Systems, and Trade Corporation International and Others. |
COVID-19 Impact on Asia-Pacific Biostimulants Market
The remarkable COVID-19 pandemic supported the Asia-Pacific biostimulants market enormously. The Coronavirus infection's effect on wellbeing, as well as an expansion in the recurrence of way of life sicknesses during the lockdown, expanded wellbeing mindfulness among shoppers of Asia-Pacific nations. Accordingly, interest for natural and synthetic free rural produce expanded, expanding interest for biostimulants. Moreover, conversations about supportability and the impact of human exercises on the climate have expanded, which has prompted an expansion in the use of organic assets in horticultural tasks, as would be considered normal to help the complete worldwide biostimulants market during the projected period.
Key Target Audience:
- Farmers and Growers
- Agricultural Consultants and Advisors
- Agricultural Distributors and Retailers
- Agricultural Research Institutions
- Government and Regulatory Bodies
- Agricultural Product Manufacturers
Our in-depth analysis of the Asia-Pacific Biostimulants Market includes the following segments:
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By Form:
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Amino Acids
Fulvic Acid
Humic Acid
Protein Hydrolysates
Seaweed Extracts
Others
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By Crop Type:
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Cash Crops
Horticultural Crops
Row Crops
Others
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Key Topics Covered in the Report:
- Asia-Pacific Biostimulants Market Size (FY’2024-FY’2033)
- Overview of Asia-Pacific Biostimulants Market
- Segmentation of Asia-Pacific Biostimulants Market By Form (Amino Acids, Fulvic Acid, Humic Acid, Protein Hydrolysates, Seaweed Extracts)
- Segmentation of Asia-Pacific Biostimulants Market By Crop Type (Cash Crops, Horticultural Crops, Row Crops)
- Statistical Snap of Asia-Pacific Biostimulants Market
- Expansion Analysis of Asia-Pacific Biostimulants Market
- Problems and Obstacles in Asia-Pacific Biostimulants Market
- Competitive Landscape in Asia-Pacific Biostimulants Market
- Impact of COVID-19 and Demonetization on Asia-Pacific Biostimulants Market
- Details on Current Investment in Asia-Pacific Biostimulants Market
- Competitive Analysis of Asia-Pacific Biostimulants Market
- Prominent Players in Asia-Pacific Biostimulants Market
- SWOT Analysis of Asia-Pacific Biostimulants Market
- Asia-Pacific Biostimulants Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Asia-Pacific Biostimulants Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Asia-Pacific Biostimulants Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Asia-Pacific Biostimulants Market
7. Asia-Pacific Biostimulants Market, By Form (USD Million) 2020-2033
7.1. Asia-Pacific Biostimulants Market Size, Share and Forecast, By Form, 2020-2026
7.2. Asia-Pacific Biostimulants Market Size, Share and Forecast, By Form, 2027-2033
7.3. Amino Acids
7.4. Fulvic Acid
7.5. Humic Acid
7.6. Protein Hydrolysates
7.7. Seaweed Extracts
7.8. Others
8. Asia-Pacific Biostimulants Market, By Crop Type (USD Million) 2020-2033
8.1. Asia-Pacific Biostimulants Market Size, Share and Forecast, By Crop Type, 2020-2026
8.2. Asia-Pacific Biostimulants Market Size, Share and Forecast, By Crop Type, 2027-2033
8.3. Cash Crops
8.4. Horticultural Crops
8.5. Row Crops
8.6. Others
9. Asia-Pacific Biostimulants Market Forecast, 2020-2033 (USD Million)
9.1. Asia-Pacific Biostimulants Market Size and Market Share
10. Asia-Pacific Biostimulants Market, By Region, 2020-2033 (USD Million)
10.1. Asia-Pacific Biostimulants Market Size and Market Share By Region (2020-2026)
10.2. Asia-Pacific Biostimulants Market Size and Market Share By Region (2027-2033)
10.3. Australia
10.4. China
10.5. Indonesia
10.6. Malaysia
10.7. Philippines
10.8. Thailand
10.9. Japan
10.10. Singapore
10.11. Rest of Asia-Pacific
11. Company Profile
11.1. ATLÁNTICA AGRÍCOLA
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. Bayer AG
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. Biolchim SPA
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. Biostadt India Limited
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. Haifa Group
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. Koppert Biological Systems
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. Trade Corporation International
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links