Biostimulants Market: By Active Ingredients (Humic Substances, Humic Acid, Fulvic Acid, Seaweed Extracts, Microbial Amendments, Amino Acids, and Others), By Mode of Application (Seed Treatment, Soil Treatment, Foliar Spray, and Others), By Formulation (Liquid and Dry), By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Turfs & Ornamentals, and Others), and By Geography  

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Biostimulants Market size was valued at USD 3,274.6 billion in 2022 and is poised to grow at a significant CAGR of 12.1% over 2023-2029. In terms of supporting organic practices, biostimulants are critical for the agriculture industry's future. Biostimulants can improve soil microflora, making nutrient uptake more efficient. Others strengthen internal defense against environmental challenges and disease pressure by increasing antioxidant activity in plants. Biostimulants are commonly linked with organic farming and gardening, but they also make headway in conventional agriculture. These are increasingly seen as a response to consumer desire for "kinder" farming techniques. The organic food sector is growing at a double-digit exponential rate in response to the growing need for food security and the need of safe farming practices. Manufacturers can develop new products in the biostimulant and plant growth promotor areas due to technological advancements in the biostimulant industry. Using biostimulant as plant growth promoters is gaining traction in the agricultural business. Biostimulants were formerly reserved for high-value crops like ornamentals and plantation crops and vegetables and fruit crops. They now play an essential role in conventional food crops like corn, wheat, and rice, where they are employed as a supplement to fertilizers to stimulate the crop's nutrient uptake process. As a result, prominent firms such as UPL (India) and Valagro S.p.A. are developing various novel sources (Italy). Chemical preservatives and genetically modified elements in inorganic food are causing detrimental health impacts on a growing number of health-conscious consumers throughout the world. Furthermore, industry expansion will be fueled by a focus on increasing soil fertility as well as the need to improve farm production. Furthermore, essential benefits such as improved plant tolerance and recovery from abiotic stresses such as harsh climatic conditions, droughts, adverse salinity, and floods would boost the overall market value of biostimulants. Also, acid-based biostimulants have acquired popularity as a result of their widespread use, which has improved crop quality. The widespread use is projected to propel the global biostimulant industry to new heights.

Biostimulants Market Key Developments:
  • In October 2020, Isagro SPA acquired Phoenix Del to grow through external lines in the segments of copper-based fungicides and biosolutions. This acquisition is aimed at innovating more products under the biostimulant segment.
  • In July 2017, Valagro and Syngenta entered into an agreement to supply biostimulants for the seed treatment.
  • In February 2017, Bioiberica launched Equilibrium, a new biostimulant for fruit set and the start of fruit ripening

Global Biostimulants Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

12.1%

Largest Market

North America

Fastest Growing Market

APAC
Biostimulants Market Dynamics

In the coming decade, agricultural producers must develop strategies to become more efficient and successful. Biostimulants can help to solve this problem in a long-term way by providing stress resistance and so encouraging plant development. The market for biostimulants is expected to develop in the next years as consumers become more aware of the benefits of organic foods, organic rules are implemented, and GLOBALGAP (Global Good Agricultural Practices) policies are implemented. The proliferation of low-quality items is due to a lack of openness in patent protection regulations in many countries. These restraints the biostimulants market.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

Global Biostimulants Market Segmentation

By Active Ingredients
  • Humic substances
  • Humic acid
  • Fulvic acid
  • Seaweed extracts
  • Microbial amendments
  • Amino acids
  • Others
By Application
  • Seed treatment
  • Soil treatment
  • Foliar spray
  • Others
By Crop Type
  • Cereals & grains
  • Oilseeds & pulses
  • Fruits & vegetables
  • Turfs & ornamentals
  • Others

Frequently Asked Questions

The biostimulants market size was valued at USD 3,274.6 billion in 2022

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

    1. Executive summary
    2. Global Biostimulants Market Introduction
      • Global Biostimulants Market - Taxonomy
      • Global Biostimulants Market -Definitions
        • Biostimulant Type
        • Application
    1. Global Biostimulants Market Dynamics
      • Drivers
      • Restraints
      • Opportunities/Unmet Needs of the Market
      • Trends
      • Global Biostimulants Market Dynamics - Factors Impact Analysis
      • Global Biostimulants Market - Regulations
        • US
        • Europe
        • Japan
      • Global Biostimulants Market - Recent Product Innovations
    2. Global Biostimulants Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%)
      • Market Oppurtunity Analysis
    3. Global Biostimulants Market, By Biostimulant Type, 2018 - 2022 and Forecast, 2023 - 2029
      • Acid-based (Amino Acid, Humic Acid, and Fulvic Acid)
        • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Extract-based (Seaweed Extract)
        • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Others
        • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
    1. Global Biostimulants Market, By Crop Type, 2018 - 2022 and Forecast, 2023 - 2029
      • Turf and Ornamentals
        • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Row Crops and Cereals
        • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Fruits and Vegetables
        • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
    1. Global Biostimulants Market Forecast, By Application, 2018 - 2022 and Forecast, 2023 - 2029
      • Seed
        • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Foliar
        • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Soil
        • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
    1. Global Biostimulants Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029
      • North America
        • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Europe
        • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Asia-Pacific
        • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Latin America
        • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Middle East and Africa
        • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Global Biostimulants Market - Opportunity Analysis Index, By Biostimulant Type, By Crop Type, By Application, and Region, 2023 - 2029
    2. North America Biostimulants Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
      • Biostimulant Type Analysis (2018 - 2022) and Forecast (2023 - 2029) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
        • Acid-based
          • Amino Acid
          • Humic Acid
          • Fulvic Acid
        • Extract-based
          • Seaweed Extracts
        • Others
          • Microbial Soil Amendments
          • B-Vitamins
          • Chitin & Chitosan
        • Crop Type Analysis (2018 - 2022) and Forecast (2023 - 2029) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
          • Turf and Ornamentals
          • Row Crops and Cereals
          • Fruits and Vegetables
        • Application Analysis (2018 - 2022) and Forecast (2023 - 2029) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
          • Seed
          • Foliar
          • Soil
        • Country Analysis (2018 - 2022) and Forecast (2023 - 2029) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
          • US
          • Canada
        • North America Biostimulants Market - Opportunity Analysis Index, By Biostimulant Type, Crop Type, By Application, and Country, 2023 - 2029
        • North America Biostimulants Market Dynamics - Trends
    1. Europe Biostimulants Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
      • Biostimulant Type Analysis (2018 - 2022) and Forecast (2023 - 2029) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
        • Acid-based
          • Amino Acid
          • Humic Acid
          • Fulvic Acid
        • Extract-based
          • Seaweed Extracts
        • Others
          • Microbial Soil Amendments
          • B-Vitamins
          • Chitin & Chitosan
        • Crop Type Analysis (2018 - 2022) and Forecast (2023 - 2029) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
          • Turf and Ornamentals
          • Row Crops and Cereals
          • Fruits and Vegetables
        • Application Analysis (2018 - 2022) and Forecast (2023 - 2029) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
          • Seed
          • Foliar
          • Soil
        • Country Analysis (2018 - 2022) and Forecast (2023 - 2029) by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
          • Germany
          • UK
          • France
          • Spain
          • Italy
          • Russia
          • Poland
          • Rest of Europe
        • Europe Biostimulants Market - Opportunity Analysis Index, By Biostimulant Type,, Crop Type, Application, and Country, 2023 - 2029
  • Isagro Group
  • BASF SE
  • Biolchim SpA
  • Sapec Agro S.A.
  • Platform Specialty Products Corp.
  • Novozymes A/S
  • Valagro SpA
  • Italpollina SAP
  • Koppert B.V.
  • Biostadt India Ltd.

Adjacent Markets