Biostimulants Market Size By Active Ingredients (Humic Acid, Fulvic Acid, Amino Acids, Protein Hydrolysates, Seaweed Extracts), By Crop (Row Crop, Turf & Ornamentals, Fruit & Vegetables), By Application (Foliar Treatment, Soil Treatment, Seed Treatment), By Form (Dry, Liquid), Industry Outlook Report, Regional Analysis, Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025

Published Date: Jan 2020  |  Report ID: GMI1346  |  Authors: Kunal Ahuja, Amit Rawat

Report Format: PDF   |   Pages: 420   |   Base Year: 2018




Summary Table of Contents Industry Coverage Methodology

Sustainable farming practices will encourage expansion of biostimulants

Biostimulants Market size exceeded USD 2.3 billion in 2018 and is estimated to register over 8.3% CAGR between 2019 and 2025. Rise in precision farming techniques due to limited land availability for agriculture has opened new avenues for biostimulants industry growth.
 

Biostimulants Market

Get more details on this report - Request Free Sample PDF
 

Biostimulants are a blend of plant hormones, microorganisms, trace elements, seaweed extracts, and enzymes that help to enhance crop productivity. It consists of naturally occurring growth hormones and nutrition enrichment that support sustainable agricultural practices such as improved soil fertility and maintaining a natural and viable ecosystem for the soil flora and fauna. Recent shift of consumers’ purchasing patterns for organic and sustainably sourced food has augmented the product penetration for biostimulants.
 

The multiple functions of biostimulants include enhanced nutrient intake, metabolism, water retention capacity, and chlorophyll production. It enhances the antioxidant activity of the plant, thereby reducing environment-induced stress. Biostimulants significantly help in fighting a major challenge of climate uncertainty in the agriculture sector. They have also enabled the production of seasonal crops with extended time periods and enhancing market yield.
 

Low ecological footprint and non-toxic nature are two of the main advantages of biostimulants. The occurrence of soil contamination and other environmental hazards owing to excessive use of chemical fertilizers have been crucial issues faced by the industry.
 

Biostimulants have effectively replaced chemical agri-products on account of their performance efficiency. Higher yield has also eased the fluctuations of seasonal yields, which has spurred biostiumulants market demand.
 

Degrading soil quality owing to rapid urbanization and pollution will boost product demand for the fertility enhancers’ market. The advantages of increasing plant tolerance and recovery from abiotic stresses including extreme climatic conditions, droughts, unfavorable salinity, and floods will augment the biostimulants market outlook.
 

Additionally, biotic stress tolerance against bacteria, fungi, and viruses has multiplied demand for biostimulants. The emergence of resistant strains in crop diseases will compel consumers to explore preventive measures.
 

Agriculture accounts for the largest share of water usage with irrigation accounting for more than 50% of the total in the biostimulants industry. Reduced water usage for agriculture opens new avenues for biostimulants market applications.
 

Agricultural dependency and focus on increasing the exports supported by favorable government initiatives will augment the market demand. Low labor cost and effective application will boost the global market expansion.
 

Biostimulants Market Report Coverage
Report Coverage Details
Base Year: 2018 Market Size in 2018: USD 2.3 Billion
Historical Data for: 2014 to 2018 Forecast Period: 2019 to 2025
Forecast Period 2019 to 2025 CAGR: 8.3% 2025 Value Projection: USD 4.3 Billion
Pages: 420 Tables, Charts & Figures: 674
Geographies covered (24): U.S., Canada, Germany, UK, France, Italy, Spain, Ukraine, Kazakhstan, Turkey, Bulgaria, Greece, Russia, China, India, Japan, Australia, Brazil, Mexico, Argentina, Saudi Arabia, Egypt, Tunisia, South Africa
Segments covered: Active Ingredient, Crop, Application, Form, Region
Companies covered (22): Arysta LifeScience Corporation, Biolchim S.p.A, Biovert SL, BASF SE, Bayer S.p.A, Desarrollo Agrícola y Minero, S.A, ILSA S.p.A, Italpollina S.p.A, Koppert B.V., Lallemand, Trade Corporation International, Valagro, Artal Agronutrientes, Mahafeed Specialty Fertilizers Pvt. Ltd., Agrinos, Micromix, Biostadt India Limited, Agricultural Sciences, Inc., Ag Concepts, Produquimica (Compass Minerals), Agrichem, S.A., and Stoller
Growth Drivers:
  • Asia Pacific: Rising concerns over improving the crop yield per hectare
  • Europe: Precision farming technique will augment market growth
  • North America: Adoption of biostimulants to reduce the abiotic stress in crops and plants
Pitfalls & Challenges:
  • High R&D cost involved in biostimulants manufacturing
  • Lengthy approval process of the product
  • Higher demand for synthetic fertilizers

Get more details on this report - Request Free Sample PDF
 

Humic acids will witness higher growth in regions with poor humus content in the soil

Global Biostimulants Market Forecasts by Active Ingredients

Get more details on this report - Request Free Sample PDF
 

Active ingredients are segmented into humic acid, fulvic acid, amino acids, protein hydrolysates, seaweed extracts and others. Humic acids are widely used as light and sandy soiled regions that are poor in humus. Blooming agricultural opportunities in hot and dry regions such as North and South Africa will pave the way for the growth of the humic acid segment.
 

Moreover, a high rate of mineralization of organic substances worldwide has necessitated a demand to improvise the fertility of the soil where humic acids are widely applicable.
 

Humic acids chelate nutrient compounds like iron, thus optimizing the nutrient availability of metals for the plant growth. The optimized market yield is as high as 70% in green grass, ornamentals, crops and forestry products. Furthermore, sustainability issues across the globe have led to the market trend of water reduction. Humic acids enhance the water-holding capacities of the soil which will further encourage its consumption over the forecast period.
 

Ornamental crops support the trend for exterior decoration and landscaping

Global Biostimulants Market Outlook by Turf & Ornamentals Crop

Get more details on this report - Request Free Sample PDF
 

The crop segment is segmented into three categories- row crop, turf & ornamentals, fruit & vegetables and others. Turf & ornamental crops segment will witness high gains due to the necessity of enhancing root growth in plants. The product helps in enhancing nutrient intake and increasing the length of roots & absorption of water. The rise of the exterior decoration industry and a surge in gardening spaces have propelled biostimulants adoption rate.
 

A shift in trend towards a natural-based décor has led to the rise in green landscaping. Biostimulants offer a multitude of benefits for landscaping with ornamentals and turf. Some of the benefits include the elimination of the use of harmful pesticides and fertilizers, circumventing the risk of toxic run-off, saving water, and eluding the step of weeding.
 

The markets in hot and dry climate mainly rely on imports for grass and green plantations which are available at very high costs to the local consumers. Biostimulants offer an option to grow these plants organically in their vicinity.
 

Reduced disease-resistance in seeds has necessitated the adoption of biostimulants

Global Biostimulants Market Trends by Application

Get more details on this report - Request Free Sample PDF
 

The product finds application in foliar treatment, soil treatment, seed treatment. Seed treatment is projected to gain higher market penetration over the forecast period. The segment will perform well in the biostimulants industry owing to lower immunization power of seeds, weather change and increased use of multi-component products used for seed treatment.
 

Factors such as protection of seed from rotting and resistance to storage insects & pests offer promising market growth opportunities. Moreover, seed treatments also offer an opportunity to prevent diseases in crops rather than destroying the entire market yield.
 

Lower transportation costs have enabled dry form to attain better market penetration

Global Biostimulants Market Size by Form 

Get more details on this report - Request Free Sample PDF
 

On the basis of form, the global market is studied by dry and liquid formats. Dry biostimulants are projected to grow considerably in the market owing to ease of application and low labor costs over the forecast period. The manufacturing cost of the liquid form is higher compared to dry form which has dwarfed liquid segments’ share.
 

The dry form has a higher shelf life compared to liquid form, resulting in better nutritional elements availability for the plant. It aids plants, turf, and crops to quickly recover from stress and encourages better root growth, augmenting the overall market growth.
 

Biostimulants will ease the issue of meeting huger requirements of the growing population in the Asia Pacific

Global Biostimulants Market Statistics by Region

Get more details on this report - Request Free Sample PDF
 

Agriculture-driven economies including China, India, ASEAN, and Australia are rapidly catering to the expansion of biostimulants market. A diverse climate and geological constituency have enabled Asia to produce multiple crop varieties. However, rising necessity to feed the growing population and increasing export demand for food grains shall also boost the growth of the global industry.
 

The animal feed business has witnessed an equivalently high demand in the market. Rising meat & poultry and dairy markets, especially in China, India, and Japan have triggered a demand in the market for products that meet agriculture requirements within a subdued time span. Moreover, ban on inorganic ingredients used for agriculture destined for infant nutrition have further elevated the growth of the market in this region.
 

The acquisition is a major strategy adopted by market participants

The global biostimulants market is highly fragmented due to the presence of a large number of regional & global players. The key players include Arysta Lifescience Corporation, Valagro, BASF SE, Koppert B.V., Bayer, Biovert SL, Tradecorp Nutri Performance, and Tradecorp Nutri Performance. Other notable players include Artal Agronutients, Lallemand, Ag Concepts, Daymsa, ILSA S.p.A., and Biochim S.p.A., Mahafeed Specialty Fertilizers Pvt. Ltd., and Micromix Plant Health Limited.
 

Companies are focusing on strategic R&D investments to expand the product portfolio, leading to an increase in the product adoption rate. Acquisitions and partnerships strategies with raw material manufacturers and other companies to increase the company’s reach and expand product portfolio are supplementing the overall market expansion. For instance, Arysta Lifescience Corporation acquired Etec Crop Solutions to enhance its product development capabilities and expand in the specialties segment.
 

The biostimulants market research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in kilo tons and revenue in USD million from 2015 to 2025, for the following segments:
 

By Active Ingredients

  • Humic Acid
  • Fulvic Acid
  • Amino Acids
  • Protein Hydrolysates
  • Seaweed Extracts
  • Others

By Crop

  • Row Crop
  • Turf & Ornamentals
  • Fruit & Vegetables
  • Others

By Application

  • Foliar Treatment
  • Soil Treatment
  • Seed Treatment

By Form

  • Dry
  • Liquid

The above information has been provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Ukraine
    • Kazakhstan
    • Turkey
    • Bulgaria
    • Greece
    • Russia
  • APAC
    • China
    • India
    • Japan
    • Australia
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • MEA
    • Saudi Arabia
    • Egypt
    • Tunisia
    • South Africa
       

Frequently Asked Questions (FAQ) :

Biostimulant is a blend of plant hormones, microorganisms, trace elements, seaweed extracts, and enzymes that helps to enhance crop productivity.
Rise in demand for organic food and beverages and growing precision farming techniques will be key driving factors for the growth of the global industry.
Arysta Lifescience Corporation, Valagro, BASF SE, Koppert B.V., Bayer, Biovert SL, Tradecorp Nutri Performance, and Tradecorp Nutri Performance are the major player operating in the global market for biostimulants.

Buy NowImmediate delivery available

Need a Discount? Get in touch with us for special pricing

Request Discount

Connect with our sales team

Premium Report Details

  • Published Date: Jan 2020
  • Pages: 420
  • Tables: 654
  • Charts / Figures: 20
  • Companies covered: 22
  • Countries covered: 24

Benefits of Association

Data Coverage & Quality

GMI reports provide the most comprehensive coverage of any focus industry, ensuring a holistic and deep understanding of the market, along with actionable and granular data. We also take pride in our commitment to quality and strive to ensure that our clients get their moneys worth.

Client Trust & Security

GMI maintains strict code of conduct as a business and is committed to ensure that the privacy and trust of our clients are always maintained. As an organization, we also strive to be fully compliant with privacy laws, PCI and information security guidelines.

Customer Service

Our customers rely on us to produce accurate, reliable and timely information. Service orientation is a key mission for us as an organization; our process is guided by the desire to ensure that our clients are provided the best possible solutions in optimal timeframe. GMI stands by its commitment to service, providing timely assistance in both pre-sales and post-sales support for our clients.

GMIPulse, our report store

We have introduced ‘GMIPulse’, which is our report store; designed to offer clients a one-stop platform for all market research and business intelligence requirements. Clients can access reports, presentations, raw data excel sheets as well as detailed company profiles. GMIPulse allows you to track relevant industries and stay informed with latest innovation, competitive and regulatory developments to help design strategic framework.

Chat with us
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies. More info X