Biostimulants Market Analysis of Major Segments and Future Opportunity Assessment 2022-2030

Research Reports

Jun 20, 2023

Market Research Future Insights

According to MRFR analysis, the global biostimulants market is expected to register a CAGR of 10.10% from 2022 to 2030 and hold a value of over USD 5.61 billion by 2030.

The Global Biostimulants Market refers to the industry that produces and sells substances or microorganisms that are applied to plants to enhance their growth, productivity, and overall health. Biostimulants are typically derived from natural sources, such as seaweed, plant extracts, and beneficial microbes, and they are used to promote plant growth, increase nutrient uptake, and improve plant tolerance to various environmental stresses, such as drought, extreme temperatures, and soil salinity. The market is driven by factors such as increasing demand for sustainable agriculture practices, growing awareness of the benefits of biostimulants, and the need to improve crop yield and quality.

The COVID-19 pandemic had a significant impact on the Global Biostimulants Market. The pandemic has increased the demand for sustainable agriculture practices and locally produced food, which has driven the growth of the biostimulants market.

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Key Players

Some of the key market players are:

BASF SE
Isagro Group
Sapec Agro S.A.
Biolchim SpA
Novozymes A/S
Platform Specialty Products Corp.
Valagro SpA
Koppert B.V.
Italpollina SAP
Biostadt India Ltd

Market Segmentation

The Global Biostimulants Market has been segmented into type and application.

Based on the type, the market has been segmented into humic substances, humic acid, seaweed extracts, fulvic acid and microbial amendments

Based on the application, the market has been segmented into Foliar Treatment, Soil Treatment and Seed Treatment.

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Regional Analysis

Europe is currently the largest region in the Global Biostimulants Market. The region’s dominance can be attributed to several factors, including the high adoption of sustainable agriculture practices, favorable government regulations promoting the use of biostimulants, and the presence of a large number of key market players.

Other regions such as North America and Asia-Pacific are also experiencing significant growth in the biostimulants market, driven by factors such as the increasing demand for sustainable agriculture practices, growing awareness of the benefits of biostimulants, and the need to improve crop yield and quality. However, Europe remains the largest market for biostimulants due to the factors mentioned above.

Discover more research Reports on Agriculture Industry, by Market Research Future:

Humic-based Biostimulants Market Research Report Information by Product Type (Humic Acid, Fulvic Acid, Potassium Humate), Crop Type (Fruits & Vegetables, Cereals, Oilseeds, Fiber Crops, and Others),Form (Dry, Liquid), Mode of Application (Foliar Treatment, Soil Treatment, Seed Treatment),and Region (North America, Asia-Pacific, Europe, and the Rest of the World)—Forecast till 2028

Agricultural Surfactants Market Research Report Information: By Product Type (Non-Ionic, Anionic, Cationic), Substrate Type (Synthetic, Bio-Based), Crop Type (Cereal & Grain, Fruit & Vegetable), Application (Herbicide, Fungicide) and Region – Forecast Till 2030

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

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