Biostimulants Market Dynamics, Forecast, Analysis And Supply Demand 2020 – 2027

The Global Biostimulants Market is projected to reach a value of over USD 5.6 billion by 2027 at a CAGR of around 9.6%.

Agriculture biostimulants include the diverse formulation of substance, compound, and micro-organisms which are further applied to soil and plants to improve crop yield, vigour, quality, and tolerance of abiotic stresses. Biostimulants foster plants development and growth throughout the crop life cycle from seed generation to plant maturity. Improving efficiency, increasing plant tolerance, facilitating nutrients, enhancing quality, enhance soil fertility, and others are some of the benefits offered by biostimulants.

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Biostimulants Market: Drivers & Challenges

Market Driver:

  • Expansion of the Organic Food Industry

According to the Organic eprint, organic agriculture is practised in 186 countries, and 71.5 hector land are managed organically. The global sales of organic food and drink reached more than USD 109.76 million in 2018. This can be attributed to the harmful effects of synthetic fertilizers and pesticides which are further impacting environmental safety and sustainability of agriculture. Biostimulants can help to improve the soil micoflora, helping to uptake the nutrients more efficient. Moreover, they increase antioxidant activity in plants and boost internal defenses against disease pressure and environmental stress. Biostimulants are associated with organic farming and gardening. Thus, increasing popularity of organic farming has expected to drive the demand for biostimulants.

Market Restraint:

  • Lack of Education and Awareness Amongst Farmers

Biostimulants are derived fertilizer additives and similar products which are used in crop production to enhance plant growth, health, and productivity. Biostimulants operates through different mechanisms than fertilizers, regardless the presence of nutrients in the product.  They differ from crop protection products because they act only on the plant vigour and do not have any direct actions against pests and disease. Farmers form developing and underdeveloped economies are not aware of the benefits offered by these biostimulants. However, restricted knowledge and awareness in various developing economies and their lower adoption in these economies is expected to hinder the market growth during the forecasted period.

Biostimulants Market: Key Segments

  • Segmentation based on active ingredients: Seaweed Extract, Humic Substances, Microbial Amendments, Amino Acid, and Others.
  • Segmentation based on crop type: Fruits & Vegetables, Row Crops & Cereals, Turf & Ornamentals, and Others.
  • Segmentation based on application: Foliar Treatment, Soil Treatment, and Seed Treatment.
  • Segmentation based on form: Liquid and Dry.
  • Segmentation based on region covers: North America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.

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List of the leading companies operating in the Biostimulants Market include:

  • BASF SE (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Isagro S.p.a.
  • Italpollina S.p.A
  • Koppert Biological Systems
  • Acadian Seaplants
  • UPL
  • Biolchim SPA
  • Biostadt India Limited
  • Novozymes
  • Agriculture sciences, Inc.
  • AgrichemBio
  • Ag Concepts

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Biostimulants Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Biostimulants Market, by Active Ingredients

  • Seaweed Extract
  • Humic Substances
  • Microbial Amendments
  • Amino Acid
  • Others

Biostimulants Market, by Crop Type

  • Fruits & Vegetable
  • Row Crops & Cereals
  • Turf & Ornamentals
  • Others

Biostimulants Market, by Application

  • Foliar Treatment
  • Soil Treatment
  • Seed Treatment

Biostimulants Market, by Form

  • Liquid
  • Dry

Biostimulants Market by Region

·         Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)

·         North America (US, Canada, Mexico)

·         Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)

·         Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)

·         South America (Brazil, Argentina, Rest of South America)

Table of Content:

    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
    1. Introduction
    2. Drivers
      1. Expansion of Organic Food Industry
      2. Strong Market Demand from High-Value Crops
    3. Restraint
      1. Lack of Education and Awareness Amongst Farmers
    4. Opportunities
      1. Technological Advancement in Biostimulant Production
    5. Challenges
      1. Prevalence of Regulatory Framework for Biostimulants
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
    1. Introduction
    2. Seaweed Extract
    3. Humic Substances
    4. Microbial Amendments
    5. Amino Acid
    6. Others
  7. GLOBAL BIOSTIMULANTS MARKET BY CROP TYPE, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Fruits & Vegetables
    3. Row Crops & Cereals
    4. Turf & Ornamentals
    5. Others
    1. Introduction
    2. Foliar Treatment
    3. Soil Treatment
    4. Seed Treatment
  9. GLOBAL BIOSTIMULANTS MARKET BY FORM, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Liquid
    3. Dry
  10. GLOBAL BIOSTIMULANTS MARKET BY REGION, Market Size in USD Million (2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Russia
      6. Rest of Europe
    3. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of Asia-Pacific
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
    1. BASF SE
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
    2. Isagro S.p.a.
    3. VALAGRO S.P.A
    4. Italpollina S.p.A
    5. Koppert Biological Systems
    6. Acadian Seaplants
    7. UPL
    8. Biolchim SPA
    9. Biostadt India Limited
    10. Novozymes
    11. Agriculture sciences, Inc.
    12. AgrichemBio
    13. Ag Concepts
    14. Other Key Companies
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

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