Biostimulants Market Growth, Share, Size, Trends, Scope, Challenges and Future Opportunities 2032
Biostimulants Market Size- By Active Ingredient, By Application, By Crop Type, By Formulation- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
| Published: Mar-2023 | Report ID: AGRI2315 | Pages: 1 - 244 | Formats*: |
| Category : Agriculture | |||
Global Biostimulants Market Overview
According to SPER Market Research, the Global Biostimulants Market is estimated to reach USD 10.89 billion by 2032 with a CAGR of 12.02%.
Biostimulants are chemicals or microbes that are added to soil, seeds, or plants to encourage the growth of natural processes that increase nutrient uptake and abiotic stress resistance. Utilizing biostimulants comes with a number of advantages. They can improve biological efficiencies when selected and used properly, leading to the development of a better crop with more nutrients and output at a higher yield. Biostimulants are incredibly helpful in reducing agricultural stress. The plant can continue to develop and provide a better return on investment if abiotic stress is reduced. Growers are able to produce a crop of better quality by using a biostimulant. Choosing biostimulants from a reputable source is required, and choosing products that are backed by data from real-world field tests and research is important.
Biostimulants, like soil conditioners, have all the properties to increase crop production, supporting and meeting the future's food requirements. Additionally, it can assist the farming community in achieving food production goals, mitigating the impacts of unfavorable weather, and increasing profits through higher-quality produce. Biostimulants can also significantly reduce the need for chemical pesticides and fertilizers, giving farmers a sustainable alternative without harming the ecosystem. Natural substances make up biostimulants. Products for biostimulation may contain a variety of ingredients, including bacteria, yeast, fermented metabolites, algae or plant extracts, amino acids, humus substances, biomolecules, fungi, etc. Depending on their intended use and the requirements of farms, they may come in a variety of shapes, including micro granules, powders, and liquid mixtures. Both leaves and stems can be used to apply these biostimulants.
Impact of COVID-19 on the Global Biostimulants Market
The Covid-19 outbreak had varying degrees of effect on almost every industry, including agriculture. Several nations implemented full or partial lockdowns to stop the disease's spread, which originally slowed production and disrupted the product's supply chain. Biostimulants are made from a variety of basic materials, including protein hydrolysates, amino acids, and others. Transporting these raw materials was challenging due to the stringent travel limits put in place during the early stages of the pandemic outbreak.
Additionally, the demand for the product is anticipated to increase at a reasonable rate due to the rising demand for bio-based, secure, and sustainable agri-inputs. Moreover, it is expected that this market will stabilize and prosper in the upcoming months thanks to ongoing efforts of major players in it, including Syngenta and Novozymes, to maintain operations while implementing safety measures.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Active Ingredient, By Application, By Crop Type, By Formulation |
| Regions covered | Asia Pacific, Europe, Middle East and Africa, North America, Latin America |
| Companies Covered | Valagro SpA, Sapec Agro S.A., Platform Specialty Products Corp., Novozymes A/S, Koppert B.V., Italpollina SAP, Isagro Group, Biostadt India Ltd., Biolchim SpA, BASF SE, Hello Nature, Lallemand, Agriculture Solutions Inc. |
Target Audience:
- Biostimulants material suppliers
- Biostimulants manufacturers
- Intermediate suppliers, such as traders and distributors of biostimulants
- Manufacturers of food & beverages, raw material suppliers and distributors
- Government and research organizations
Global Biostimulants Market Segmentation:
1. By Active Ingredients:
- Amino Acid
- Humic Substances
- Microbial Amendments
- Seaweed Extracts
2. By Application:
- Foliar treatment
- Seed treatment
- Soil treatment
3. By Crop Type:
- Cereals & Grains
- Fruits & Vegetables
- Oil Seeds & Pulses
- Others
4. By Formulation:
- Dry
- Liquid
5. By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Size of Global Biostimulants Market (FY’2019-FY’2032)
- Overview of Global Biostimulants Market
- Segmentation of Global Biostimulants Market By Active Ingredient (Amino Acid, Humic Substances, Microbial Amendments, Seaweed Extracts, Others)
- Segmentation of Global Biostimulants Market By Application (Foliar treatment, Seed treatment, Soil treatment, Others)
- Segmentation of Global Biostimulants Market By Crop Type (Cereals & Grains, Fruits & Vegetables, Oil Seeds & Pulses, Others)
- Segmentation of Global Biostimulants Market By Formulations (Dry, Liquid)
- Statistical Snap of Global Biostimulants Market
- Growth Analysis of Global Biostimulants Market
- Problems and Challenges in Global Biostimulants Market
- Competitive Landscape in the Global Biostimulants Market
- Impact of COVID-19 and Demonetization on Global Biostimulants Market
- Details on Recent Investment in Global Biostimulants Market
- Competitive Analysis of Global Biostimulants Market
- Major Players in the Global Biostimulants Market
- SWOT Analysis of Global Biostimulants Market
- Global Biostimulants Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1 Research data source2.1.1 Secondary data2.1.2 Primary data2.1.3 SPER’s internal database2.1.4 Premium insight from KOL’s2.2 Market size estimation2.2.1 Top-down and Bottom-up approach2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1 Drivers4.1.2 Restraints4.1.3 Opportunities4.1.4 Challenges4.2. COVID-19 Impacts of the Global Biostimulants Market
5. Market variables and outlook
5.1. SWOT analysis5.1.1 Strengths5.1.2 Weaknesses5.1.3 Opportunities5.1.4 Threats5.2. PESTEL analysis5.2.1 Political landscape5.2.2 Economic landscape5.2.3 Social landscape5.2.4 Technological landscape5.2.5 Environmental landscape5.2.6 Legal landscape5.3. PORTER’S five forces analysis5.3.1 Bargaining power of suppliers5.3.2 Bargaining power of Buyers5.3.3 Threat of Substitute5.3.4 Threat of new entrant5.3.5 Competitive rivalry5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Biostimulants Manufacturing Base Distribution, Sales Area, Product Type6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Biostimulants Market
7. Global Biostimulants Market, By Active Ingredients, 2019-2032 (USD Million)
7.1 Amino Acid7.2 Humic Substances7.3 Microbial Amendments7.4 Seaweed Extracts7.5 Others
8. Global Biostimulants Market, By Application, 2019-2032 (USD Million)
8.1 Foliar treatment8.2 Seed treatment8.3 Soil treatment8.4 Others
9. Global Biostimulants Market, By Crop Type, 2019-2032 (USD Million)
9.1 Cereals & Grains9.1.1 Corn9.1.2 Wheat9.1.3 Rice9.2 Fruits & Vegetables9.2.1 Pome Fruit9.2.2 Citrus Fruit9.2.3 Berries9.2.4 Root and Tuber Vegetable9.2.5 Leafy Vegetable9.3 Oil Seeds & Pulses9.3.1 Soybean9.3.2 Sunflower9.4 Others
10. Global Biostimulants Market, By Formulation, 2019-2032 (USD Million)
10.1 Dry10.2 Liquid
11. Global Biostimulants Market, By Region, 2019-2032 (USD Million)
11.1 Global Biostimulants Market Size and Market Share by Region (2019-2025)11.2 Global Biostimulants Market Size and Market Share by Region (2026-2032)11.3 Asia-Pacific11.3.1 Australia11.3.2 China11.3.3 India11.3.4 Japan11.3.5 South Korea11.3.6 Rest of Asia-Pacific11.4 Europe11.4.1 France11.4.2 Germany11.4.3 Italy11.4.4 Spain11.4.5 United Kingdom11.4.6 Rest of Europe11.5 Middle East and Africa11.5.1 Kingdom of Saudi Arabia11.5.2 United Arab Emirates11.5.3 Rest of Middle East & Africa11.6 North America11.6.1 Canada11.6.2 Mexico11.6.3 United States11.7 Latin America11.7.1 Argentina11.7.2 Brazil11.7.3 Rest of Latin America
12. Company Profiles
12.1 Valagro SpA12.1.1 Company details12.1.2 Financial outlook12.1.3 Product summary12.1.4 Recent developments12.2 Sapec Agro S.A.12.2.1 Company details12.2.2 Financial outlook12.2.3 Product summary12.2.4 Recent developments12.3 Platform Specialty Products Corp.12.3.1 Company details12.3.2 Financial outlook12.3.3 Product summary12.3.4 Recent developments12.4 Novozymes A/S12.4.1 Company details12.4.2 Financial outlook12.4.3 Product summary12.4.4 Recent developments12.5 Koppert B.V.12.5.1 Company details12.5.2 Financial outlook12.5.3 Product summary12.5.4 Recent developments12.6 Italpollina SAP12.6.1 Company details12.6.2 Financial outlook12.6.3 Product summary12.6.4 Recent developments12.7 Isagro Group12.7.1 Company details12.7.2 Financial outlook12.7.3 Product summary12.7.4 Recent developments12.8 Biostadt India Ltd.12.8.1 Company details12.8.2 Financial outlook12.8.3 Product summary12.8.4 Recent developments12.9 Biolchim SpA12.9.1 Company details12.9.2 Financial outlook12.9.3 Product summary12.9.4 Recent developments12.10 BASF SE12.10.1 Company details12.10.2 Financial outlook12.10.3 Product summary12.10.4 Recent developments12.11 Hello Nature12.11.1 Company details12.11.2 Financial outlook12.11.3 Product summary12.11.4 Recent developments12.12 Lallemand12.12.1 Company details12.12.2 Financial outlook12.12.3 Product summary12.12.4 Recent developments12.13 Agriculture Solutions Inc.12.13.1 Company details12.13.2 Financial outlook12.13.3 Product summary12.13.4 Recent developments
13. List of Abbreviations
14. Reference Links
15. Conclusion
16. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Biostimulants Market is projected to reach USD 10.89 billion by 2032, growing at a CAGR of 12.02% during the forecast period.
Biostimulants Market grew in market size from 2021. The Market is expected to reach USD 10.89 billion by 2032, at a CAGR of 12.02% during the forecast period.
Biostimulants Market CAGR of 12.02% during the forecast period.
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Biostimulants Market size is USD 10.89 billion from 2022 to 2032.
Biostimulants Market Segment is Covered By Active Ingredient, By Application, By Crop Type, By Formulation
The North America region is anticipated to have the highest market share in Biostimulants Market.
The key players in the market include Companies Covered Valagro SpA, Sapec Agro S.A., Platform Specialty Products Corp., Novozymes A/S, Koppert B.V., Italpollina SAP, Isagro Group, Biostadt India Ltd., Biolchim SpA, BASF SE, Hello Nature, Lallemand, Agriculture Solutions Inc.
Biostimulants are chemicals or microbes that are added to soil, seeds, or plants to encourage the growth of natural processes that increase nutrient uptake and abiotic stress resistance.
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