Biostimulants Market

Biostimulants Market by Active Ingredients (Humic Substances, Seaweed Extracts, Amino Acids, Microbial Amendments, Minerals & Vitamins), Crop Type, by Mode of Application (Foliar Treatment, Soil Treatment, Seed Treatment), Form, and Region - Global Forecast to 2029

Report Code: AGI 2920 Apr, 2024, by marketsandmarkets.com

According to MarketsandMarkets, the Biostimulants Market is projected to reach USD 7.6 billion by 2029 from USD 4.3 billion by 2024, at a CAGR of 12.0% during the forecast period in terms of value. Biostimulants are substances with growth-promoting activities on plants, mostly related to nutrient uptake and stress tolerance, which enhance crop productivity and quality. As such, farmers are gradually becoming interested in biostimulants in order to maximize returns from their crops. Most biostimulants of natural origin are considered compatible with organic farming practices. Growing consumer preference toward organic farming will drive the demand for biostimulants. Biostimulants exert their positive effects on root development, general efficiency of nutrient uptake, and stimulation of whole-plant growth through their various modes of action. It is in this light that, as indicated by the Research Institute of Organic Agriculture FiBL and IFOAM-Organics International 2024, organic farming is adopted in 188 countries. In excess of 96.4 million hectares of agricultural land was organically managed by at least 4.5 million farmers. The European Commission adopted the following new targets updated in the From Farm to Fork strategy and EU Biodiversity in May 2020, which are aligned to the overarching goals of the European Green Deal of transforming Europe into the first climate-neutral continent by 2050. One of the key targets under these strategies is to meet the ambitious objective of having at least 25% of the total agricultural area under organic farming in Europe by 2030. These trends are expected to boost the consumption of biostimulants such as seaweed extracts, humic substances, and minerals and vitamins.

Biostimulants Market

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Biostimulants Market Opportunities

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Market Dynamics

Driver : Rise in demand for sustainable agricultural practices

The application of biostimulants will increase due to growing awareness of benefits of organic foods, organic regulations implementation, and adaptation of GLOBALGAP policies. The majority of fruits, vegetables, and cereals have had an increasing government subsidies and financial aid to utilize on organic practices. Organizations that facilitate in research is the Research Institute of Organic Agriculture (FBL) in Switzerland and regulatory support by the US Department of Agriculture (USDA). The European Commission has set the Farm to Fork (F2F) strategy, facilitating the transition in the best way possible to a sustainable, resource-efficient, and resilient food system that complies with proper standards. It was launched on May 20, 2020 and is one of the key elements of the European Green Deal—new growth strategy for the European Union—setting ground for reaching a climate-neutral continent by 2050. The use of microbial inoculants ensures correct and timely enhancement of nutrient availability, uptake, and assimilation from the soil solution, which can be a tool to foster sustainable agricultural practice. Biostimulants enhance nutrient-use efficiency by designing the root system architecture and by enhancing the solubilization of macro and micronutrient fertilizers. This has strategic effects not only for the improvement of crop growth but also in the area of environmental conservation and sustainability.

Restraint : Lack of regulations

One of the restraints to the biostimulants market is a lack of harmonized regulations and definitions. Contrasted to conventional agricultural inputs such as fertilizers and pesticides, biostimulants generally encompass a wide array of products with divergent compositions and modes of action, making it difficult for regulators to come up with clear guidelines on the registration, labelling, and use of products. Lack of standard definitions may generate misconceptions among farmers, retailers, and consumers regarding the performance and application of biostimulant products.

In the US, every federal state has its own regulatory program concerning fertilizers, plant or soil amendments, and biostimulants. To maintain standards for these inputs, each state regulation contradicts another. The manufacturers find the process of registration for a product or label to be tough in many US states. To that end, Congress has called for a report with recommendations and an appropriate definition of biostimulants from the major authorities of biostimulant sectors, including the Secretary of Agriculture, the EPA Administrator, states, and relevant stakeholders in the region.

Opportunity : Integration of biostimulants with fertilizers for nutrient optimization

Integration of biostimulants with fertilizers provides an excellent opportunity for nutrient management optimization in agriculture. Biostimulants improve the promotion of plant growth, enhance stress tolerance, and work  synergistically with fertilizers to improve nutrient uptake and efficiency. The US's FBSciences is at the forefront of nutrient use efficiency with its uniquely developed, unmatched biostimülant technology in Transit. Transit Soil and Transit Foliar are flagship solution categories of their biostimulant formulations and are engineered to work inside plants. Through rapid uptake, absorption, and translocation, they ensure better NUE for both applied fertilizers and those existing naturally in the soil.

Another milestone in the period under discussion came up in 2023 when ADM—USD, a global leader in agricultural origination and processing, launched a disruptive agricultural biostimulant called NeoVita 43, showing great potential to help farmers grow more corn by increasing nutrient utilization efficiency. In multiyear trials at the University of Illinois at Urbana-Champaign, NeoVita 43 with liquid starter fertilizer had shown dramatic results, boosting corn yields up to seven bushels per acre above that achieved with starter fertilizer alone. NeoVita 43 achieves this by enhancing microbial activity in the rhizosphere—the area of soil surrounding plant roots—and, in the process, makes more available nutrients for plant uptake.

Challenge: Variability of product efficacy

Biostimulant efficacy can be influenced by a number of factors, such as the formulation of products, application timing, abiotic/biotic environmental conditions, and crop genetics. Consequently, farmers experience variable results upon applying biostimulant products, while uncertainty about economic and agronomic gains is even accrued to a greater extent. Moreover, non-standardization of testing protocols and performance metrics has caused ambiguity for farmers when evaluating and comparing biostimulant products. In 2019, USDA-APHIS (Animal and Plant Health Inspection Service) coordinated on-site meetings with industry trade associations and State and Federal agencies in support of developing a report requested by Congress. This report outlines potential regulatory, non-regulatory, and legislative recommendations, including the definition of plant biostimulants, aimed at ensuring their efficient review, approval, consistent national labeling, and accessibility for agricultural producers.

BIOSTIMULANTS MARKET ECOSYSTEM

Key players within this market consist of reputable and financially robust biostimulants manufacturers. These entities boast extensive industry tenure, offering diversified product portfolios, advanced technologies, and robust global sales and marketing networks. Prominent companies in this market include BASF SE (Germany), UPL (India), FMC Corporation (US), Rallies India Limited (India), Sumitomo Chemical Co., Ltd. (Japan), Corteva. (US), Nufarm (Australia), Syngenta Crop Protection AG (Switzerland), PI Industries (India), ILSA S.p.A. (Italy), Coromandel International Limited (India), Haifa Group (Isarel), T.Stanes and Company Limited (India), Gowan Company (US), and Koppert (The Netherlands).

Top Companies in Biostimulants Market

In crop type segment, cereals & grains holds significant market share in the global biostimulants market.

The consumption of cereals and grains is crucial for meeting the dietary needs of a growing population. There is a need to enhance cereals & grains yield to fulfill the growing demand. The application of biostimulants is helping to fulfill the demand. According to the FAO reports, global cereal utilization for the year 2023/24 is likely to show an upward movement tendency compared to previous years. More global stocks of cereals are forecast by 2024. This suggests a steady supply of cereals to meet demand. The growing demand for cereals highlights the importance of improving agricultural productivity, potentially leading to greater use of biostimulants to optimize yields and meet global requirements.

In 2023, foliar application stood as the major segment within the mode of application segment of the biostimulants market.

Biostimulants products, applied to foliage, can act directly on the biochemical pathways of the plant through the leaf surface, conditioning an increase in protein synthesis as well as in the number of enzymes. All these effects can help to provide better growth of roots and shoots. Biostimulant follar treatments can enhance plant productivity. Foliar-applied amino acids increase in the photosynthetic rate and dry matter partitioning to increase crop yield. Proteins and B vitamins are added to plants against fungal diseases.

Some of the products used through foliar spray are YaraVita Biotrac by Yara (Norway), a liquid formulation developed for the stimulation and enhancement of plant performance. This product is uniquely formulated in such a way that it relieves problems created by abiotic stressors like cold and drought by using bioactive compounds and nutrients from the algae Ascophyllum nodosum. Koppert (Netherlands) offers Vidi Fortum ablotic stress resistance; Vidi Fol stimulates plant growth; Vidi Parva enhances nutrient uptake and increases root length.

In active ingredients segment, seaweed extracts hold the significant share in the biostimulants market. 

Seaweed Extracts from marine algae  are among the most efficient means in agriculture, with high organic matter, nutrient, and plant growth hormone content, such as cytokinin and auxins. On account of these properties, they have an expanded application to increase crop yield by enhancing nutrient uptake. The dominance of seaweed extracts is especially seen in the Asia Pacific region, which accounted for 99.5% of global production in 2021. China produced 61%. These extracts are used locally in China and Japan but also exported to Europe and North America. In November 2023, Acadian Seaplants Limited launched BioSwitch, an innovative and multi-use seaweed-based technology that boosts plant growth, soil vitality, and resistance to environmental stressors by taking advantage of the unique properties of Ascophyllum nodosum through a specialized extraction process.

Europe to dominate the biostimumlants market during the forecast period.

According to the European Environment Agency, agriculture is one of the most widespread uses of land in Europe. EBIC (The European Biostimulants Industry Council) plays an important role in highlighting how the biostimulants sector contributes to helping farmers grow adequate volumes of high-quality crops profitably while efficiently using resources. EBIC calls for the implementation of a regulatory framework that will establish a single European biostimulants market, underpinned by recognition of their contributions to sustainable agricultural production, green innovation, economic growth, and other societal goals. According to EBIC reports from 2022, biostimulants can increase nutrient uptake and assimilation by up to 25% and improve crop quality in terms of size, color, ripeness, or impact resistance by an additional 15%. There are a number of major players in the European biostimulants market, such as BASF SE (Germany), Valagro (Italy), Biovert S.L (Spain), Koppert (Netherlands), and AgriTecno (Spain).

Biostimulants Market Size, and Share

Key Market Players 

The key players in this market include BASF SE (Germany), UPL (India), FMC Corporation (US), Rallies India Limited (India), Sumitomo Chemical Co., Ltd. (Japan), Corteva. (US), Nufarm (Australia), Syngenta Crop Protection AG (Switzerland), PI Industries (India), ILSA S.p.A. (Italy), Coromandel International Limited (India), Haifa Group (Israel), T.Stanes and Company Limited (India), Gowan Company (US), and Koppert (The Netherlands). These market participants are emphasizing the expansion of their footprint via agreements and partnerships. They maintain a robust presence in North America, Asia Pacific, South America, RoW, and Europe, and they are supported by manufacturing facilities and well-established distribution networks spanning these regions.

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Scope of the Report

Report Metric

Details

Market size estimation

2024–2029

Base year considered

2023

Forecast period considered

2024–2029

Units considered

Value (USD Million)

Segments Covered

By Active Ingredients, Crop Type, Mode of Application, Formulation, and Region

Regions covered

North America, Europe, South America, Asia Pacific, and RoW

Companies studied

  • BASF SE (Germany)
  • Syngenta Crop Protection AG (Switzerland)
  • UPL (India)
  • FMC Corporation (US)
  • Rallies India Limited (India)
  • Sumitomo Chemical Co., Ltd. (Japan)
  • Corteva. (US)
  • Nufarm (UK)
  • PI Industries (India)
  • ILSA S.p.A. (Italy)
  • Coromandel International Limited (India)
  • Haifa Group (Isarel)
  • T.Stanes and Company Limited (India)
  • Gowan Company (US)
  • Koppert (The Netherlands)
  • Biostadt (India)
  • SEIPASA SA (Spain)
  • AgriTechno Biostimulants and Plant Nutrition. (Spain)
  • Sustainable Agro Solutions, S.A.U. (Spain)
  • AXEB BIOTECH SL (Spain)
  • MAFA Bioscience (Spain)
  • Devi Cropscience Pvt Ltd (India)
  • OMEX (UK)
  • Aminocore (The Netherlands)
  • LawrieCo. (Australia)

This research report categorizes the biostimulants market based on active ingredients, crop type, mode of application, formulation, and region.

Target Audience

  • Biostimulants traders, retailers, and distributors
  • Biostimulants manufacturers & suppliers
  • Related government authorities, commercial research & development (R&D) institutions.
  • Regulatory bodies, including government agencies and NGOs.
  • Commercial research & development (R&D) institutions and financial institutions.
  • Government and research organizations.
  • Venture capitalists and investors.
  • Technology providers to biostimulants and biostimulants companies.
  • Associations and industry bodies. 

Biostimulants Market:

By Active Ingredients
  • Humic Substances
  • Seaweed Extracts
  • Amino Acids
  • Microbial Amendments
  • Minerals & Vitamins
  • Other Active Ingredients
By Crop Type
  • Cerals & Grains
  • Oilseeds & Pulses
  • Fruits & Vegetables
  • Flowers & Ornamentals
  • Other Crop Types
By Mode of Application 
  • Foliar Treatment
  • Soil Treatment
  • Seed Treatment
By Formulation
  • Dry
  • Liquid
By Region:
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Rest of the World (RoW)

Recent Developments

  • Sumitomo Chemical India Ltd.  finally launched its much-anticipated Biorational product, Promalin, in Shimla, Himachal Pradesh, in March 2023. Valent Biosciences, headquartered in Illinois, USA, did all the extensive research and development related to the creation of Promalin. It is a subsidiary of globally well-known Sumitomo Chemical Co., Ltd. of Japan for offering pioneering Biorational solutions. This is the first launch of Promalin in India by Sumitomo Chemical India Ltd. The product contains two main ingredients: an effective blend of the two naturally occurring gibberellins in plants, Gibberellin 4 and Gibberellin 7, and a naturally occurring cytokinin compound called 6-Benyzladenine.
  • In the Series B funding round in August 2022, BASF Venture Capital GmbH and Aqua-Spark invested in Sead Energy Pvt. Ltd. for INR 1402 million (approximately USD 18.5 million). Sead Energy is producing biostimulants for agriculture from red spaweed, which is a sustainable raw material mainly found in tropical waters in Asia. Their consolidated model brings together cultivation technology for deep water and bad weather, aided by satellite imaging for optimum selection of places to grow seaweed. With operations in Bali, Indonesia, for commercial seaweed farming and Tuticorin, India, Sead Energy is one of the major producers and processors of tropical red seaweed. This will further diversify the portfolio of biostimulants while enhancing its leading position in the new future market for seaweed-derived products at BASF.
  • In June 2022, FMC Corporation launched its "Biologicals by FMC" brand to outline its commitment to growing areas of biological crop protection and huge investment involved in innovation-rich pipelines. With more than 50 biological products and sales in over 50 countries, which contain award-winning biostimulant and bionematicide products. With the launch of Zironar biofungicide/bionematicide in the US and Provilar biofungicide in Brazil this year, coupled with four global biopesticide launches planned in the next four years, FMC will feature as a big market player in biostimulants, entailment to its commitment to finding solutions for agricultural challenges with new inventive biological technologies.

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INTRODUCTION
28
RESEARCH METHODOLOGY
34
EXECUTIVE SUMMARY
49
PREMIUM INSIGHTS
54
MARKET OVERVIEW
58
  • 5.1 INTRODUCTION
  • 5.2 MACROECONOMIC INDICATORS
    GROWTH IN DEMAND FOR ORGANIC FOOD
    DAMAGE AND LOSS OF AGRICULTURAL LAND
  • 5.3 MARKET DYNAMICS
    DRIVERS
    - Increasing need for sustainable agriculture
    - Easy availability of seaweed as raw materials
    - Strong demand for high-value crops
    RESTRAINTS
    - Commercialization of low-quality biostimulant products
    - Preference for chemical pesticides among farmers in developing countries
    OPPORTUNITIES
    - Technological advancements in production of biostimulants
    - Significant developments in seed treatment
    CHALLENGES
    - Uncertainty in global biostimulants regulatory framework
INDUSTRY TRENDS
67
  • 6.1 INTRODUCTION
  • 6.2 VALUE CHAIN ANALYSIS
    RESEARCH & PRODUCT DEVELOPMENT
    RAW MATERIAL SOURCING
    MANUFACTURING & PRODUCTION
    PACKAGING, STORAGE, AND DISTRIBUTION
  • 6.3 SUPPLY CHAIN ANALYSIS
  • 6.4 TECHNOLOGY ANALYSIS
    SOFTWARE TO OPERATIONALIZE ANALYTICS
    NANOENCAPSULATION TECHNOLOGY
  • 6.5 PATENT ANALYSIS
  • 6.6 ECOSYSTEM/MARKET MAP
    ECOSYSTEM MAP
  • 6.7 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS
  • 6.8 PRICING ANALYSIS
    AVERAGE SELLING PRICE, BY ACTIVE INGREDIENT (KEY PLAYERS)
  • 6.9 BIOSTIMULANTS MARKET: TRADE ANALYSIS
  • 6.10 CASE STUDIES
  • 6.11 KEY CONFERENCES AND EVENTS IN 2022–2023
  • 6.12 PORTER’S FIVE FORCES ANALYSIS
    INTENSITY OF COMPETITIVE RIVALRY
    - Market concentration
    - Low entry/exit barriers
    - Availability of technologies with new entrants
    BARGAINING POWER OF SUPPLIERS
    - Availability of raw materials
    - Supplier concentration & confidence
    - Low regulatory barriers to existing as well as new entrants
    BARGAINING POWER OF BUYERS
    - Increase in health concerns among consumers
    - Government support to farmers
    THREAT OF SUBSTITUTES
    - Synthetic agrichemicals are harmful to health
    - Increase in price of substitutes
    THREAT OF NEW ENTRANTS
    - Low entry barriers
  • 6.13 KEY STAKEHOLDERS AND BUYING CRITERIA
    KEY STAKEHOLDERS IN BUYING PROCESS
    BUYING CRITERIA
  • 6.14 REGULATORY FRAMEWORK
    NORTH AMERICA
    - US
    - Mexico
    - Canada
    EUROPE
    - Austria
    - France
    - Germany
    - Italy
    - Ireland
    - Spain
    - UK
    ASIA PACIFIC
    - India
    - China
    - Australia
    SOUTH AMERICA
    - Brazil
    - Chile
    SOUTH AFRICA
    MIDDLE EAST
    - Egypt
    - UAE
  • 6.15 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT
106
  • 7.1 INTRODUCTION
  • 7.2 HUMIC SUBSTANCES
    ABILITY TO HOLD WATER, STABILIZE SOIL TEMPERATURE, PREVENT WATER EVAPORATION, AND FACILITATE NUTRIENT UPTAKE TO DRIVE MARKET
  • 7.3 SEAWEED EXTRACTS
    NEED TO BOOST SOIL FERTILITY, ENHANCE SEED GERMINATION, AND IMPROVE CROP PRODUCTIVITY TO FUEL DEMAND FOR SEAWEED EXTRACTS
  • 7.4 AMINO ACIDS
    GROWING AWARENESS REGARDING ROLE OF AMINO ACIDS IN PLANT GROWTH TO PROPEL ITS DEMAND
  • 7.5 MICROBIAL AMENDMENTS
    NEED TO ENHANCE GROWTH AND NUTRIENT UPTAKE OF PLANTS AND IMPROVE SOIL CONDITIONS TO PROPEL MARKET
    - Bacterial biostimulants
    - Fungal biostimulants
  • 7.6 OTHER ACTIVE INGREDIENTS
BIOSTIMULANTS MARKET, BY CROP TYPE
122
  • 8.1 INTRODUCTION
  • 8.2 CEREALS & GRAINS
    INCREASING EFFICIENCY OF NITROGEN FERTILIZER AND GROWING CROP YIELD TO DRIVE DEMAND FOR BIOSTIMULANTS IN CEREALS AND GRAINS
    CORN
    - Biostimulants to enhance growth of nodal root system in corn seedlings and prevent damage from weather
    WHEAT
    - Biostimulants to increase crop yields and maintain sustainability while reducing costs
    RICE
    - Rising demand for rice as staple diet and need for enhanced yield to propel market
    OTHER CEREALS & GRAINS
  • 8.3 OILSEEDS & PULSES
    RISING NEED TO INCREASE PLANT TOLERANCE TO ABIOTIC STRESS
    SOYBEAN
    - Growing demand for soybeans and need for rising crop yield in even low water availability to propel market
    SUNFLOWER
    - Biostimulants to improve vegetative and reproductive growth and increase yield and quality
    OTHER OILSEEDS & PULSES
  • 8.4 FRUITS & VEGETABLES
    INCREASED GLOBAL CONSUMPTION OF FRUITS AND VEGETABLES AND HIGH EXPORT POTENTIAL TO PROPEL MARKET
    POME FRUITS
    - Rising need to improve balanced intake of key nutrients to boost demand for biostimulants
    CITRUS FRUITS
    - Need to improve plant’s metabolism, induce yield, and enhance crop quality and soil fertility to drive market
    BERRIES
    - Biostimulants to enhance nutrient absorption and increase tolerance to abiotic stresses in berries
    ROOT & TUBER VEGETABLES
    - Need for higher yields, reduced nitrate accumulation, and improved overall plant growth to propel market
    LEAFY VEGETABLES
    - Need to improve yields and increase resistance to natural calamities to propel market
    OTHER FRUITS & VEGETABLES
  • 8.5 FLOWERS & ORNAMENTALS
    BIOSTIMULANTS TO PROMOTE HEALTH AND VITALITY AND ENHANCE NUTRIENT UPTAKE, EFFICIENCY, AND STRESS TOLERANCE OF FLOWERS AND ORNAMENTAL PLANTS
  • 8.6 OTHER CROP TYPES
BIOSTIMULANTS MARKET, BY MODE OF APPLICATION
138
  • 9.1 INTRODUCTION
  • 9.2 SEED TREATMENT
    NEED FOR FASTER, ENVIRONMENTALLY FRIENDLY SOWING TECHNOLOGY TO PROPEL MARKET
  • 9.3 SOIL TREATMENT
    NEED TO REPLENISH SOIL HEALTH, PROMOTE PLANT GROWTH, AND IMPROVE SOIL STRUCTURE TO DRIVE MARKET
  • 9.4 FOLIAR TREATMENT
    NEED TO ENHANCE EFFECT OF BIOACTIVE MOLECULES ON CROP GROWTH AND IMPROVE BETTER ABSORPTION AND UPTAKE OF MICRONUTRIENTS TO DRIVE MARKET
BIOSTIMULANTS MARKET, BY FORMULATION
145
  • 10.1 INTRODUCTION
  • 10.2 LIQUID
    EASE OF APPLICATION, RAPID ABSORPTION, AND IMPROVED PRECISION FARMING, AND FOLIAR APPLICATION TO PROPEL MARKET
  • 10.3 DRY
    REDUCED RISK OF CONTAMINATION TO BOOST DEMAND FOR DRY APPLICATION OF BIOSTIMULANTS
BIOSTIMULANTS MARKET, BY REGION
151
  • 11.1 INTRODUCTION
  • 11.2 NORTH AMERICA
    NORTH AMERICAN BIOSTIMULANTS MARKET: RECESSION IMPACT ANALYSIS
    US
    - Need for high-yield and quality crops, changing agricultural practices, and precision farming to drive market
    CANADA
    - Rising demand for organic food and growing awareness of organic agricultural inputs to propel market
    MEXICO
    - Rising organic farming and growing adoption of technologies among farmers to propel market
  • 11.3 EUROPE
    EUROPEAN BIOSTIMULANTS MARKET: RECESSION IMPACT ANALYSIS
    SPAIN
    - Need for sustainable agricultural method, prevention of soil salinization, and organic farming to propel market
    ITALY
    - Government initiatives to promote use of biostimulants to drive market
    FRANCE
    - Need to implement sustainable farming practices to fuel demand for biostimulants
    GERMANY
    - Rising vegan population and demand for organic food products to drive market
    UK
    - Rising modernization and mechanization in agriculture and relatively smoother regulatory process to propel market
    RUSSIA
    - Shift to sustainable and organic products and adoption of modern sustainable farming methods to drive market
    REST OF EUROPE
  • 11.4 ASIA PACIFIC
    ASIA PACIFIC BIOSTIMULANTS MARKET: RECESSION IMPACT ANALYSIS
    CHINA
    - Growing need to meet export quality norms and launch of National Climate Change Program to drive market
    JAPAN
    - Limited agricultural land, need for innovative techniques, and high temperature and high-humidity climate to propel market
    INDIA
    - Decrease in arable land and need for high-yielding technologies and maintain export quality standards to propel market
    INDONESIA
    - Rising cultivation of vegetables and rice and government initiatives to minimize synthetic agrochemicals to drive market
    AUSTRALIA
    - Increasing awareness and growing consumer preference for organic food products to drive market
    REST OF ASIA PACIFIC
  • 11.5 SOUTH AMERICA
    SOUTH AMERICAN BIOSTIMULANTS MARKET: RECESSION IMPACT ANALYSIS
    BRAZIL
    - Need to improve crop quality and maintain soil health and rising consumption of organic food to drive market
    ARGENTINA
    - Requirement of high-quality export crops to fuel demand for biostimulants
    REST OF SOUTH AMERICA
  • 11.6 ROW
    ROW BIOSTIMULANTS MARKET: RECESSION IMPACT ANALYSIS
    AFRICA
    - Growing need to develop heat-resilient crops for high output to propel market
    MIDDLE EAST
    - Increasing domestic consumption of crops and need for improvement in crop yield to drive market
COMPETITIVE LANDSCAPE
216
  • 12.1 OVERVIEW
  • 12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
  • 12.3 REVENUE ANALYSIS
  • 12.4 ANNUAL REVENUE VS. GROWTH (KEY PLAYERS)
  • 12.5 EBITDA ANALYSIS FOR KEY PLAYERS, BY KEY REGION
  • 12.6 MARKET SHARE ANALYSIS
  • 12.7 GLOBAL SNAPSHOT OF KEY MARKET PARTICIPANTS
  • 12.8 COMPANY EVALUATION MATRIX
    STARS
    EMERGING LEADERS
    PERVASIVE PLAYERS
    PARTICIPANTS
  • 12.9 COMPETITIVE BENCHMARKING
  • 12.10 START-UP/SME EVALUATION MATRIX
    PROGRESSIVE COMPANIES
    STARTING BLOCKS
    RESPONSIVE COMPANIES
    DYNAMIC COMPANIES
  • 12.11 COMPETITIVE BENCHMARKING
  • 12.12 COMPETITIVE SCENARIO
    PRODUCT LAUNCHES
    DEALS
    OTHERS
COMPANY PROFILES
243
  • 13.1 INTRODUCTION
  • 13.2 KEY PLAYERS
    BASF SE
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    UPL
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    FMC CORPORATION
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    RALLIS INDIA LIMITED
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    ADAMA LTD.
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    COROMANDEL INTERNATIONAL LIMITED
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    VALAGRO SPA
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    GOWAN COMPANY
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    ILSA S.P.A.
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    HAIFA GROUP
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    BIOVERT S.L.
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    KOPPERT
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    AGRITECNO BIOSTIMULANTS AND PLANT NUTRITION
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    AXEB BIOTECH SL
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    MAFA BIOSCIENCE
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
  • 13.3 START-UPS/SMES
    LAWRIECO
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    DEVI CROPSCIENCE
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    BIOFLORA
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    AGRICEN
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    OMNIA SPECIALITIES PTY
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    KELP PRODUCTS INTERNATIONAL
    AFRIKELP
    AMINOCORE
    APHEA.BIO
    SOUTH AGRO
ADJACENT & RELATED MARKETS
311
  • 14.1 INTRODUCTION
  • 14.2 BIOPESTICIDES MARKET
    MARKET DEFINITION
    MARKET OVERVIEW
    BIOPESTICIDES MARKET, BY SOURCE
  • 14.3 AGRICULTURAL BIOLOGICALS MARKET
    MARKET DEFINITION
    MARKET OVERVIEW
    AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION
APPENDIX
315
  • 15.1 DISCUSSION GUIDE
  • 15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
  • 15.3 CUSTOMIZATION OPTIONS
  • 15.4 RELATED REPORTS
  • 15.5 AUTHOR DETAILS
LIST OF TABLES
 
  • TABLE 1 BIOSTIMULANTS MARKET: INCLUSIONS & EXCLUSIONS
  • TABLE 2 USD EXCHANGE RATES CONSIDERED, 2019–2022
  • TABLE 3 ASSUMPTIONS
  • TABLE 4 LIMITATIONS AND RISK ASSESSMENT
  • TABLE 5 BIOSTIMULANTS MARKET SNAPSHOT, 2023 VS. 2028
  • TABLE 6 SUSTAINABILITY INVESTMENTS BY KEY AGRICULTURAL COMPANIES
  • TABLE 7 LIST OF IMPORTANT PATENTS IN BIOSTIMULANTS MARKET, 2019–2022
  • TABLE 8 BIOSTIMULANTS MARKET: ECOSYSTEM
  • TABLE 9 AVERAGE SELLING PRICES FOR KEY PLAYERS, BY ACTIVE INGREDIENT (USD/KG)
  • TABLE 10 NORTH AMERICA: AVERAGE SELLING PRICE, BY ACTIVE INGREDIENT, 2018–2022 (USD/TON)
  • TABLE 11 EUROPE: AVERAGE SELLING PRICE, BY ACTIVE INGREDIENT, 2018–2022 (USD/TON)
  • TABLE 12 ASIA PACIFIC: AVERAGE SELLING PRICE, BY ACTIVE INGREDIENT, 2018–2022 (USD/TON)
  • TABLE 13 SOUTH AMERICA: AVERAGE SELLING PRICE, BY ACTIVE INGREDIENT, 2018–2022 (USD/TON)
  • TABLE 14 ROW: AVERAGE SELLING PRICE, BY ACTIVE INGREDIENT, 2018–2022 (USD/TON)
  • TABLE 15 EXPORT VALUE AND VOLUME OF SEAWEEDS AND OTHER ALGAE BIOSTIMULANTS, BY KEY COUNTRY, 2022 (USD THOUSAND AND TONS)
  • TABLE 16 IMPORT VALUE AND VOLUME OF SEAWEEDS AND OTHER ALGAE BIOSTIMULANTS, BY KEY COUNTRY, 2022 (USD THOUSAND AND TONS)
  • TABLE 17 IMPORT VALUE AND VOLUME OF AMINO ACIDS AND THEIR ESTERS, BY KEY COUNTRY, 2022 (USD THOUSAND AND TONS)
  • TABLE 18 EXPORT VALUE AND VOLUME OF AMINO ACIDS AND THEIR ESTERS, BY KEY COUNTRY, 2022 (USD THOUSAND AND TONS)
  • TABLE 19 CASE STUDY 1: BRIDGEWAY BIOSTIMULANT IMPROVED OVERALL RESILIENCE OF CROP AND PREVENTED CLUBROOT
  • TABLE 20 CASE STUDY 2: BIOSTIMULANTS HELPED IN PROMOTING ROOT GROWTH AND PHYSIOLOGICAL PROCESSES IN PLANTS
  • TABLE 21 CASE STUDY 3: HUMIC-BASED BIOSTIMULANTS REDUCED STRESS ON SOIL RESOURCES FOR NITROGEN UPTAKE AND PROVIDED NITROGEN FOR HEALTHY WHEAT CROP GROWTH
  • TABLE 22 BIOSTIMULANTS MARKET: DETAILED LIST OF CONFERENCES AND EVENTS
  • TABLE 23 PORTER’S FIVE FORCES IMPACT ON BIOSTIMULANTS MARKET
  • TABLE 24 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE MODES OF APPLICATION
  • TABLE 25 KEY BUYING CRITERIA FOR TOP THREE MODES OF APPLICATION
  • TABLE 26 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 27 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 28 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 29 SOUTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 30 MIDDLE EAST: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 31 BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION)
  • TABLE 32 BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION)
  • TABLE 33 BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (KT)
  • TABLE 34 BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (KT)
  • TABLE 35 HUMIC SUBSTANCES: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 36 HUMIC SUBSTANCES: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 37 HUMIC SUBSTANCES: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (KT)
  • TABLE 38 HUMIC SUBSTANCES: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (KT)
  • TABLE 39 HUMIC SUBSTANCES: BIOSTIMULANTS MARKET, BY TYPE, 2018–2022 (USD MILLION)
  • TABLE 40 HUMIC SUBSTANCES: BIOSTIMULANTS MARKET, BY TYPE, 2023–2028 (USD MILLION)
  • TABLE 41 SEAWEED EXTRACTS: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 42 SEAWEED EXTRACTS: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 43 SEAWEED EXTRACTS: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (KT)
  • TABLE 44 SEAWEED EXTRACTS: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (KT)
  • TABLE 45 AMINO ACIDS: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 46 AMINO ACIDS: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 47 AMINO ACIDS: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (KT)
  • TABLE 48 AMINO ACIDS: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (KT)
  • TABLE 49 MICROBIAL AMENDMENTS: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 50 MICROBIAL AMENDMENTS: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 51 MICROBIAL AMENDMENTS: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (KT)
  • TABLE 52 MICROBIAL AMENDMENTS: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (KT)
  • TABLE 53 OTHER ACTIVE INGREDIENTS: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 54 OTHER ACTIVE INGREDIENTS: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 55 OTHER ACTIVE INGREDIENTS: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (KT)
  • TABLE 56 OTHER ACTIVE INGREDIENTS: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (KT)
  • TABLE 57 BIOSTIMULANTS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)
  • TABLE 58 BIOSTIMULANTS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)
  • TABLE 59 CEREALS & GRAINS: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 60 CEREALS & GRAINS: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 61 CEREALS & GRAINS: BIOSTIMULANTS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)
  • TABLE 62 CEREALS & GRAINS: BIOSTIMULANTS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)
  • TABLE 63 OILSEEDS & PULSES: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 64 OILSEEDS & PULSES: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 65 OILSEEDS & PULSES: BIOSTIMULANTS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)
  • TABLE 66 OILSEEDS & PULSES: BIOSTIMULANTS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)
  • TABLE 67 FRUITS & VEGETABLES: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 68 FRUITS & VEGETABLES: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 69 FRUITS & VEGETABLES: BIOSTIMULANTS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)
  • TABLE 70 FRUITS & VEGETABLES: BIOSTIMULANTS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)
  • TABLE 71 FLOWERS & ORNAMENTALS: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 72 FLOWERS & ORNAMENTALS: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 73 OTHER CROP TYPES: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 74 OTHER CROP TYPES: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 75 BIOSTIMULANTS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD MILLION)
  • TABLE 76 BIOSTIMULANTS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD MILLION)
  • TABLE 77 SEED TREATMENT: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 78 SEED TREATMENT: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 79 SOIL TREATMENT: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 80 SOIL TREATMENT: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 81 FOLIAR TREATMENT: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 82 FOLIAR TREATMENT: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 83 BIOSTIMULANTS MARKET, BY FORMULATION, 2018–2022 (USD MILLION)
  • TABLE 84 BIOSTIMULANTS MARKET, BY FORMULATION, 2023–2028 (USD MILLION)
  • TABLE 85 LIQUID: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 86 LIQUID: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 87 DRY: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 88 DRY: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 89 BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 90 BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (USD MILLION)
  • TABLE 91 BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (KT)
  • TABLE 92 BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (KT)
  • TABLE 93 NORTH AMERICA: BIOSTIMULANTS MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
  • TABLE 94 NORTH AMERICA: BIOSTIMULANTS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 95 NORTH AMERICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION)
  • TABLE 96 NORTH AMERICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION)
  • TABLE 97 NORTH AMERICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (KT)
  • TABLE 98 NORTH AMERICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (KT)
  • TABLE 99 NORTH AMERICA: BIOSTIMULANTS MARKET, BY APPLICATION METHOD, 2018–2022 (USD MILLION)
  • TABLE 100 NORTH AMERICA: BIOSTIMULANTS MARKET, BY APPLICATION METHOD, 2023–2028 (USD MILLION)
  • TABLE 101 NORTH AMERICA: BIOSTIMULANTS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)
  • TABLE 102 NORTH AMERICA: BIOSTIMULANTS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)
  • TABLE 103 NORTH AMERICA: BIOSTIMULANTS MARKET, BY FORMULATION, 2018–2022 (USD MILLION)
  • TABLE 104 NORTH AMERICA: BIOSTIMULANTS MARKET, BY FORMULATION, 2023–2028 (USD MILLION)
  • TABLE 105 US: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION)
  • TABLE 106 US: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION)
  • TABLE 107 CANADA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION)
  • TABLE 108 CANADA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION)
  • TABLE 109 MEXICO: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION)
  • TABLE 110 MEXICO: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION)
  • TABLE 111 EUROPE: BIOSTIMULANTS MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
  • TABLE 112 EUROPE: BIOSTIMULANTS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 113 EUROPE: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION)
  • TABLE 114 EUROPE: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION)
  • TABLE 115 EUROPE: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (KT)
  • TABLE 116 EUROPE: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (KT)
  • TABLE 117 EUROPE: BIOSTIMULANTS MARKET, BY APPLICATION METHOD, 2018–2022 (USD MILLION)
  • TABLE 118 EUROPE: BIOSTIMULANTS MARKET, BY APPLICATION METHOD, 2023–2028 (USD MILLION)
  • TABLE 119 EUROPE: BIOSTIMULANTS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)
  • TABLE 120 EUROPE: BIOSTIMULANTS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)
  • TABLE 121 EUROPE: BIOSTIMULANTS MARKET, BY FORMULATION, 2018–2022 (USD MILLION)
  • TABLE 122 EUROPE: BIOSTIMULANTS MARKET, BY FORMULATION, 2023–2028 (USD MILLION)
  • TABLE 123 SPAIN: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION)
  • TABLE 124 SPAIN: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION)
  • TABLE 125 ITALY: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION)
  • TABLE 126 ITALY: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION)
  • TABLE 127 FRANCE: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION)
  • TABLE 128 FRANCE: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION)
  • TABLE 129 GERMANY: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION)
  • TABLE 130 GERMANY: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION)
  • TABLE 131 UK: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION)
  • TABLE 132 UK: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION)
  • TABLE 133 RUSSIA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION)
  • TABLE 134 RUSSIA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION)
  • TABLE 135 REST OF EUROPE: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION)
  • TABLE 136 REST OF EUROPE: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION)
  • TABLE 137 ASIA PACIFIC: BIOSTIMULANTS MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
  • TABLE 138 ASIA PACIFIC: BIOSTIMULANTS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 139 ASIA PACIFIC: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION)
  • TABLE 140 ASIA PACIFIC: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION)
  • TABLE 141 ASIA PACIFIC: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (KT)
  • TABLE 142 ASIA PACIFIC: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (KT)
  • TABLE 143 ASIA PACIFIC: BIOSTIMULANTS MARKET, BY APPLICATION METHOD, 2018–2022 (USD MILLION)
  • TABLE 144 ASIA PACIFIC: BIOSTIMULANTS MARKET, BY APPLICATION METHOD, 2023–2028 (USD MILLION)
  • TABLE 145 ASIA PACIFIC: BIOSTIMULANTS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)
  • TABLE 146 ASIA PACIFIC: BIOSTIMULANTS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)
  • TABLE 147 ASIA PACIFIC: BIOSTIMULANTS MARKET, BY FORMULATION, 2018–2022 (USD MILLION)
  • TABLE 148 ASIA PACIFIC: BIOSTIMULANTS MARKET, BY FORMULATION, 2023–2028 (USD MILLION)
  • TABLE 149 CHINA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION)
  • TABLE 150 CHINA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION)
  • TABLE 151 JAPAN: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION)
  • TABLE 152 JAPAN: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION)
  • TABLE 153 INDIA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION)
  • TABLE 154 INDIA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION)
  • TABLE 155 INDONESIA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION)
  • TABLE 156 INDONESIA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION)
  • TABLE 157 AUSTRALIA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION)
  • TABLE 158 AUSTRALIA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION)
  • TABLE 159 REST OF ASIA PACIFIC: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION)
  • TABLE 160 REST OF ASIA PACIFIC: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION)
  • TABLE 161 SOUTH AMERICA: BIOSTIMULANTS MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
  • TABLE 162 SOUTH AMERICA: BIOSTIMULANTS MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
  • TABLE 163 SOUTH AMERICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION)
  • TABLE 164 SOUTH AMERICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION)
  • TABLE 165 SOUTH AMERICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (KT)
  • TABLE 166 SOUTH AMERICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (KT)
  • TABLE 167 SOUTH AMERICA: BIOSTIMULANTS MARKET, BY APPLICATION METHOD, 2018–2022 (USD MILLION)
  • TABLE 168 SOUTH AMERICA: BIOSTIMULANTS MARKET, BY APPLICATION METHOD, 2023–2028 (USD MILLION)
  • TABLE 169 SOUTH AMERICA: BIOSTIMULANTS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)
  • TABLE 170 SOUTH AMERICA: BIOSTIMULANTS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)
  • TABLE 171 SOUTH AMERICA: BIOSTIMULANTS MARKET, BY FORMULATION, 2018–2022 (USD MILLION)
  • TABLE 172 SOUTH AMERICA: BIOSTIMULANTS MARKET, BY FORMULATION, 2023–2028 (USD MILLION)
  • TABLE 173 BRAZIL: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION)
  • TABLE 174 BRAZIL: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION)
  • TABLE 175 ARGENTINA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION)
  • TABLE 176 ARGENTINA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION)
  • TABLE 177 REST OF SOUTH AMERICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION)
  • TABLE 178 REST OF SOUTH AMERICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION)
  • TABLE 179 ROW: BIOSTIMULANTS MARKET, BY SUBREGION, 2018–2022 (USD MILLION)
  • TABLE 180 ROW: BIOSTIMULANTS MARKET, BY SUBREGION, 2023–2028 (USD MILLION)
  • TABLE 181 ROW: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION)
  • TABLE 182 ROW: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION)
  • TABLE 183 ROW: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (KT)
  • TABLE 184 ROW: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (KT)
  • TABLE 185 ROW: BIOSTIMULANTS MARKET, BY APPLICATION METHOD, 2018–2022 (USD MILLION)
  • TABLE 186 ROW: BIOSTIMULANTS MARKET, BY APPLICATION METHOD, 2023–2028 (USD MILLION)
  • TABLE 187 ROW: BIOSTIMULANTS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION)
  • TABLE 188 ROW: BIOSTIMULANTS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION)
  • TABLE 189 ROW: BIOSTIMULANTS MARKET, BY FORMULATION, 2018–2022 (USD MILLION)
  • TABLE 190 ROW: BIOSTIMULANTS MARKET, BY FORMULATION, 2023–2028 (USD MILLION)
  • TABLE 191 AFRICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION)
  • TABLE 192 AFRICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION)
  • TABLE 193 MIDDLE EAST: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION)
  • TABLE 194 MIDDLE EAST: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION)
  • TABLE 195 OVERVIEW OF STRATEGIES ADOPTED BY KEY BIOSTIMULANTS VENDORS
  • TABLE 196 BIOSTIMULANTS MARKET: DEGREE OF COMPETITION (COMPETITIVE), 2022
  • TABLE 197 COMPANY CROP TYPE FOOTPRINT
  • TABLE 198 COMPANY FORMULATION TYPE FOOTPRINT
  • TABLE 199 COMPANY REGION FOOTPRINT
  • TABLE 200 OVERALL COMPANY FOOTPRINT
  • TABLE 201 BIOSTIMULANTS MARKET: DETAILED LIST OF KEY START-UPS/SMES
  • TABLE 202 BIOSTIMULANTS MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES
  • TABLE 203 PRODUCT LAUNCHES, 2018–2023
  • TABLE 204 DEALS, 2018–2023
  • TABLE 205 OTHERS, 2018–2023
  • TABLE 206 BASF SE: COMPANY OVERVIEW
  • TABLE 207 BASF SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 208 BASF SE: DEALS
  • TABLE 209 UPL: COMPANY OVERVIEW
  • TABLE 210 UPL: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 211 UPL: DEALS
  • TABLE 212 FMC CORPORATION: COMPANY OVERVIEW
  • TABLE 213 FMC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 214 FMC CORPORATION: OTHERS
  • TABLE 215 RALLIS INDIA LIMITED: COMPANY OVERVIEW
  • TABLE 216 RALLIS INDIA LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 217 ADAMA LTD.: COMPANY OVERVIEW
  • TABLE 218 ADAMA LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 219 ADAMA LTD.: DEALS
  • TABLE 220 COROMANDEL INTERNATIONAL LIMITED: COMPANY OVERVIEW
  • TABLE 221 COROMANDEL INTERNATIONAL LIMITED: PRODUCTS/SOLUTIONS/ SERVICES OFFERED
  • TABLE 222 VALAGRO SPA: COMPANY OVERVIEW
  • TABLE 223 VALAGRO SPA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 224 VALAGRO SPA: PRODUCT LAUNCHES
  • TABLE 225 VALAGRO SPA: DEALS
  • TABLE 226 VALAGRO SPA: OTHERS
  • TABLE 227 GOWAN COMPANY: COMPANY OVERVIEW
  • TABLE 228 GOWAN COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 229 GOWAN COMPANY: DEALS
  • TABLE 230 ILSA S.P.A.: COMPANY OVERVIEW
  • TABLE 231 ILSA S.P.A.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 232 ILSA S.P.A.: DEALS
  • TABLE 233 HAIFA GROUP: COMPANY OVERVIEW
  • TABLE 234 HAIFA GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 235 HAIFA GROUP: DEALS
  • TABLE 236 BIOVERT S.L.: COMPANY OVERVIEW
  • TABLE 237 BIOVERT S.L.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 238 BIOVERT S.L.: PRODUCT LAUNCHES
  • TABLE 239 KOPPERT: COMPANY OVERVIEW
  • TABLE 240 KOPPERT: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 241 KOPPERT: DEALS
  • TABLE 242 AGRITECNO BIOSTIMULANTS AND PLANT NUTRITION: COMPANY OVERVIEW
  • TABLE 243 AGRITECNO BIOSTIMULANTS AND PLANT NUTRITION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 244 AXEB BIOTECH SL: COMPANY OVERVIEW
  • TABLE 245 AXEB BIOTECH SL: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 246 MAFA BIOSCIENCE: COMPANY OVERVIEW
  • TABLE 247 MAFA BIOSCIENCE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 248 LAWRIECO: COMPANY OVERVIEW
  • TABLE 249 LAWRIECO: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 250 DEVI CROPSCIENCE: COMPANY OVERVIEW
  • TABLE 251 DEVI CROPSCIENCE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 252 BIOFLORA: COMPANY OVERVIEW
  • TABLE 253 BIOFLORA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 254 AGRICEN: COMPANY OVERVIEW
  • TABLE 255 AGRICEN: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 256 OMNIA SPECIALITIES PTY: COMPANY OVERVIEW
  • TABLE 257 OMNIA SPECIALITIES PTY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 258 KELP PRODUCTS INTERNATIONAL: COMPANY OVERVIEW
  • TABLE 259 AFRIKELP: COMPANY OVERVIEW
  • TABLE 260 AMINOCORE: COMPANY OVERVIEW
  • TABLE 261 APHEA.BIO: COMPANY OVERVIEW
  • TABLE 262 SOUTH AGRO: COMPANY OVERVIEW
  • TABLE 263 BIOPESTICIDES MARKET, BY SOURCE, 2019–2022 (USD MILLION)
  • TABLE 264 BIOPESTICIDES MARKET, BY SOURCE, 2023–2028 (USD MILLION)
  • TABLE 265 AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2018–2022 (USD MILLION)
  • TABLE 266 AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2023–2028 (USD MILLION)
LIST OF FIGURES
 
  • FIGURE 1 BIOSTIMULANTS MARKET SEGMENTATION
  • FIGURE 2 BIOSTIMULANTS MARKET: RESEARCH DESIGN
  • FIGURE 3 BIOSTIMULANTS MARKET: BREAKDOWN OF PRIMARY INTERVIEWS, BY VALUE-CHAIN SIDE, DESIGNATION, AND REGION
  • FIGURE 4 BIOSTIMULANTS MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
  • FIGURE 5 BIOSTIMULANTS MARKET SIZE ESTIMATION (DEMAND-SIDE)
  • FIGURE 6 BIOSTIMULANTS MARKET SIZE ESTIMATION: TOP-DOWN APPROACH
  • FIGURE 7 BIOSTIMULANTS MARKET SIZE ESTIMATION, BY TYPE (SUPPLY-SIDE)
  • FIGURE 8 DATA TRIANGULATION AND MARKET BREAKUP
  • FIGURE 9 RECESSION MACROINDICATORS
  • FIGURE 10 GLOBAL INFLATION RATE, 2011–2022
  • FIGURE 11 GLOBAL GDP, 2011–2022 (USD TRILLION)
  • FIGURE 12 RECESSION INDICATORS AND THEIR IMPACT ON BIOSTIMULANTS MARKET
  • FIGURE 13 GLOBAL BIOSTIMULANTS MARKET: EARLIER FORECAST VS. RECESSION FORECAST
  • FIGURE 14 BIOSTIMULANTS MARKET, BY CROP TYPE, 2023 VS. 2028 (USD MILLION)
  • FIGURE 15 BIOSTIMULANTS MARKET, BY TYPE, 2023 VS. 2028 (USD MILLION)
  • FIGURE 16 BIOSTIMULANTS MARKET, BY MODE OF APPLICATION, 2023 VS. 2028 (USD MILLION)
  • FIGURE 17 BIOSTIMULANTS MARKET: REGIONAL SNAPSHOT
  • FIGURE 18 EXPANSION IN ORGANIC AGRICULTURAL LAND AND INCREASE IN CROP PRODUCTION TO DRIVE MARKET
  • FIGURE 19 EUROPE TO ACCOUNT FOR LARGEST MARKET SHARE BY 2028
  • FIGURE 20 SPAIN TO LEAD BIOSTIMULANTS MARKET IN 2022
  • FIGURE 21 ASIAN COUNTRIES TO WITNESS HIGH GROWTH RATE DURING FORECAST PERIOD
  • FIGURE 22 TOP TEN COUNTRIES WITH SIGNIFICANT INCREASE IN ORGANIC FARMING LAND, 2019 (HECTARE)
  • FIGURE 23 GLOBAL ORGANIC AGRICULTURE, BY REGION, 2019
  • FIGURE 24 ARABLE LAND AREA PER CAPITA, 1960–2050 (HA)
  • FIGURE 25 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: BIOSTIMULANTS MARKET
  • FIGURE 26 FARM-GATE VALUE OF FRUITS AND VEGETABLES, 2022
  • FIGURE 27 BIOSTIMULANTS MARKET: VALUE CHAIN ANALYSIS
  • FIGURE 28 BIOSTIMULANTS MARKET: SUPPLY CHAIN ANALYSIS
  • FIGURE 29 LIST OF MAJOR PATENTS FOR BIOSTIMULANTS, 2012–2022
  • FIGURE 30 JURISDICTIONS WITH HIGHEST PATENT APPROVALS FOR BIOSTIMULANTS, 2016–2022
  • FIGURE 31 BIOSTIMULANTS MARKET: ECOSYSTEM
  • FIGURE 32 KEY PLAYERS IN BIOSTIMULANTS MARKET ECOSYSTEM
  • FIGURE 33 BIOSTIMULANTS MARKET: TRENDS/DISRUPTING IMPACTING CUSTOMER’S BUSINESS
  • FIGURE 34 AVERAGE SELLING PRICE FOR KEY PLAYERS, BY ACTIVE INGREDIENT (USD/KG)
  • FIGURE 35 BIOSTIMULANTS MARKET: AVERAGE SELLING PRICE, BY TYPE, 2019–2022 (USD/TON)
  • FIGURE 36 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE MODES OF APPLICATION
  • FIGURE 37 KEY BUYING CRITERIA FOR TOP THREE MODES OF APPLICATION
  • FIGURE 38 BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023 VS. 2028 (USD MILLION)
  • FIGURE 39 GLOBAL CULTURE COLLECTIONS, 2020
  • FIGURE 40 BIOSTIMULANTS MARKET, BY CROP TYPE, 2023 VS. 2028 (USD MILLION)
  • FIGURE 41 BIOSTIMULANTS MARKET, BY MODE OF APPLICATION, 2023 VS. 2028 (USD MILLION)
  • FIGURE 42 BIOSTIMULANTS MARKET, BY FORMULATION, 2023 VS. 2028 (USD MILLION)
  • FIGURE 43 IMPACT OF CLIMATE CHANGE ON CROP PRODUCTION, BY CROP TYPE, 2019 (MILLION TONS/YEAR)
  • FIGURE 44 INDIA TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 45 NORTH AMERICA: INFLATION RATES, BY KEY COUNTRY, 2018–2021
  • FIGURE 46 NORTH AMERICAN BIOSTIMULANTS MARKET: RECESSION IMPACT ANALYSIS
  • FIGURE 47 ORGANIC FOOD MARKET FOR KEY COUNTRIES, 2020 (USD BILLION)
  • FIGURE 48 EUROPE: MARKET SNAPSHOT
  • FIGURE 49 EUROPE: INFLATION RATES, BY KEY COUNTRY, 2017–2021
  • FIGURE 50 EUROPEAN BIOSTIMULANTS MARKET: RECESSION IMPACT ANALYSIS
  • FIGURE 51 AGRICULTURAL OUTPUT IN SPAIN, 2018–2020 (USD MILLION)
  • FIGURE 52 VEGETABLE PRODUCTION TRENDS IN UK, 2015–2018 (MILLION TONS)
  • FIGURE 53 AGRICULTURAL PRODUCTION IN ASIA, BY CROP TYPE, 2017–2019 (MILLION TONS)
  • FIGURE 54 ASIA PACIFIC: MARKET SNAPSHOT
  • FIGURE 55 ASIA PACIFIC: INFLATION RATES, BY KEY COUNTRY, 2017–2021
  • FIGURE 56 ASIA PACIFIC BIOSTIMULANTS MARKET: RECESSION IMPACT ANALYSIS
  • FIGURE 57 COMMODITY EXPORTS FROM CHINA, 2016–2020 (USD MILLION)
  • FIGURE 58 ORGANIC PACKAGED FOOD AND BEVERAGE CONSUMPTION IN INDONESIA, 2016–2020 (USD MILLION)
  • FIGURE 59 SOUTH AMERICA: INFLATION RATES, BY KEY COUNTRY, 2018–2021
  • FIGURE 60 SOUTH AMERICAN BIOSTIMULANTS MARKET: RECESSION IMPACT ANALYSIS
  • FIGURE 61 PACKAGED ORGANIC FOOD CONSUMPTION IN BRAZIL, 2016–2020 (USD MILLION)
  • FIGURE 62 ROW: INFLATION RATES, BY KEY COUNTRY, 2018–2021
  • FIGURE 63 ROW BIOSTIMULANTS MARKET: RECESSION IMPACT ANALYSIS
  • FIGURE 64 REVENUE ANALYSIS FOR KEY PLAYERS IN LAST 5 YEARS
  • FIGURE 65 ANNUAL REVENUE, 2022 (USD BILLION) VS. REVENUE GROWTH, 2020–2022
  • FIGURE 66 BIOSTIMULANTS MARKET: EBITDA ANALYSIS FOR KEY PLAYERS, BY KEY REGION, 2022 (USD BILLION)
  • FIGURE 67 GLOBAL SNAPSHOT OF KEY PARTICIPANTS, 2022
  • FIGURE 68 BIOSTIMULANTS MARKET COMPANY EVALUATION MATRIX, 2022
  • FIGURE 69 BIOSTIMULANTS MARKET START-UP/SME EVALUATION MATRIX, 2022
  • FIGURE 70 BASF SE: COMPANY SNAPSHOT
  • FIGURE 71 UPL: COMPANY SNAPSHOT
  • FIGURE 72 FMC CORPORATION: COMPANY SNAPSHOT
  • FIGURE 73 RALLIS INDIA LIMITED: COMPANY SNAPSHOT
  • FIGURE 74 ADAMA LTD.: COMPANY SNAPSHOT
  • FIGURE 75 COROMANDEL INTERNATIONAL LIMITED: COMPANY SNAPSHOT

The study involved four major activities in estimating the current size of the biostimulants market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.

Secondary Research

This research study involved the extensive use of secondary sources—directories and databases such as Bloomberg Businessweek and Factiva—to identify and collect information useful for a technical, market-oriented, and commercial study of the biostimulants market.

In the secondary research process, various sources such as annual reports, press releases & investor presentations of companies, white papers, certified publications, articles from recognized authors, gold & silver standard websites, directories, and databases were referred to identify and collect information. This research study involved the extensive use of secondary sources—directories and databases such as Bloomberg Businessweek and Factiva—to identify and collect information useful for a technical, market-oriented, and commercial study of the biostimulants market.

Secondary research was mainly used to obtain key information about the industry’s supply chain, the total pool of key players, and market classification and segmentation as per the industry trends to the bottom-most level, regional markets, and key developments from both market- and technology-oriented perspectives.

Primary Research

Extensive primary research was conducted after obtaining information regarding the biostimulants market scenario through secondary research. Several primary interviews were conducted with market experts from both the demand and supply sides across major countries of North America, Europe, Asia Pacific, the Middle East & Africa, and South America. Primary data was collected through questionnaires, emails, and telephonic interviews. The primary sources from the supply side included various industry experts, such as Chief X Officers (CXOs), Vice Presidents (VPs), Directors from business development, marketing, research, and development teams, and related key executives from distributors and key opinion leaders. Primary interviews were conducted to gather insights such as market statistics, data on revenue collected from the products and services, market breakdowns, market size estimations, market forecasting, and data triangulation. Primary research also helped in understanding the various trends related to active ingredients, crop type, mode of application, formulation, and region.

Biostimulants  Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches were used to estimate and validate the total size of the biostimulants market. These approaches were also used extensively to estimate the size of various dependent submarkets. The research methodology used to estimate the market size includes the following:

  • Key players were identified through extensive secondary research.
  • The industry’s value chain and market size were determined through primary and secondary research.
  • All percentage share splits and breakdowns were determined using secondary sources and verified through primary sources.
  • All the possible parameters that affect the markets covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.
  • The following figure provides an illustrative representation of the complete market size estimation process implemented in this research study for an overall estimation of the biostimulants market in a consolidated format.

The following sections (bottom-up & top-down) depict the overall market size estimation process employed for the purpose of this study.

Global Biostimulants Market: Bottom-Up Approach

Biostimulants  Market Bottom Up Approach

To know about the assumptions considered for the study, Request for Free Sample Report

Global Biostimulants Market: Top-Down Approach

Biostimulants  Market Top Down Approach

Data Triangulation
After arriving at the overall market size from the estimation process explained above, the total market was split into several segments and subsegments. Data triangulation and market breakdown procedures were employed, wherever applicable, to estimate the overall biostimulants market and arrive at the exact statistics for all segments and subsegments. The data was triangulated by studying various factors and trends from the demand and supply sides. Along with this, the market size was validated using both the top-down and bottom-up approaches.

Market Definition

According to the European Biostimulants Industry Council (EBIC), “Plant biostimulants contain substance(s) and/or microorganisms whose function, when applied to plants or the rhizosphere, is to stimulate natural processes to enhance/benefit nutrient uptake, nutrient efficiency, tolerance to abiotic stress, and crop quality.”

The definition of biostimulants is largely imprecise. In many instances, an ambiguity exists between biostimulants and biofertilizers. Though organizations such as EBIC have proposed definitions, they are yet to be considered by government regulatory bodies, such as the European Union (EU) and the US Department of Agriculture (USDA).

Key Stakeholders

  • Manufacturers, importers, exporters, traders, distributors, and suppliers of biostimulants
  • Biostimulant laboratories and associations:
  • Biostimulants Council
  • The Fertilizer Institute
  • Biostimulants raw material suppliers and ingredients, intermediate and end-product manufacturers, and processors
  • Government, research organizations, and academic institutions
  • World Health Organization (WHO)
  • Codex Alimentarius Commission (CAC)
  • Regulatory bodies
  • Food and Agriculture Organization (FAO)
  • US Department of Agriculture (USDA)
  • Biopesticide Industry Alliance (BPIA)
  • International Biocontrol Manufacturers Association (IBMA)
  • Japan Biocontrol Association
  • US Environmental Protection Agency (US EPA)
  • Commercial Research & Development (R&D) institutions and financial institutions
  • Regulatory bodies, including government agencies, NGOs, and large farms

Report Objectives

Market Intelligence

  • Determining and projecting the size of the biostimulants market with respect to active ingredients, crop type, mode of application, formulation, and region.
  • Identifying the attractive opportunities in the market by determining the largest and fastest-growing segments
  • Providing detailed information about the key factors influencing the market growth (drivers, restraints, opportunities, and industry-specific challenges)
  • Providing the regulatory framework and market entry process related to the biostimulants market
  • Analyzing the micro markets with respect to individual growth trends, prospects, and their contribution to the total market

Competitive Intelligence

  • Identifying and profiling the key players in the biostimulants market
  • Providing a comparative analysis of market leaders based on the following:
    • Product offerings
    • Business strategies
    • Strengths and weaknesses
    • Key financials
  • Understanding the competitive landscape and identifying the major growth strategies adopted by players across the country
  • Providing insights on key product innovations and investments in the biostimulants market

Available Customizations:

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The following customization options are available for the report:

Product Analysis

  • Product Matrix, which gives a detailed comparison of the product portfolio of each company.

Geographic Analysis

With the given market data, MarketsandMarkets offers customizations according to company-specific scientific needs.

  • Further breakdown of the Rest of Europe into Norway, Belgium, Sweden and Denamrk.
  • Further breakdown of the Rest of Asia Pacific into Philippines, Thailand, South Korea, and Vietnam.
  • Further breakdown of the Rest of South America into Chile, Colombia, and Uruguay.

Company Information

  • Detailed analyses and profiling of additional market players (up to five)
Custom Market Research Services

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Report Code
AGI 2920
Published ON
Apr, 2024
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