Biostimulants Market

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

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

[340 Pages Report] 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 contain substances that stimulate plant growth, enhance nutrient uptake, and improve stress tolerance, leading to higher crop yields and improved quality. Farmers are increasingly adopting biostimulants to maximize their crop productivity and profitability. Many biostimulants are derived from natural sources and are compatible with organic farming practices. They offer organic growers effective tools to enhance crop productivity and resilience while adhering to organic certification standards.

Biostimulants Market

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Biostimulants Market Opportunities

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Market Dynamics

Driver: Rise in demand for sustainable agricultural practices

One major driver fueling the growth of the biostimulants market is the increasing demand for sustainable agricultural practices. As awareness of environmental issues grows and consumers demand more eco-friendly products, there is a rising interest in agricultural solutions that minimize chemical inputs, reduce environmental impact, and promote long-term sustainability. Biostimulants, with their ability to enhance crop productivity while minimizing the use of synthetic fertilizers and pesticides, align well with this trend towards sustainable agriculture. As a result, the market for biostimulants is experiencing significant growth as farmers seek out solutions that support both environmental stewardship and economic viability.

Restraint: Lack of regulations

One restraint of the biostimulants market is the lack of standardized regulations and definitions. Unlike conventional agricultural inputs such as fertilizers and pesticides, biostimulants often encompass a diverse range of products with varying compositions and modes of action. This lack of uniformity makes it challenging for regulators to establish clear guidelines for product registration, labeling, and usage. Additionally, the absence of standardized definitions can lead to confusion among farmers, retailers, and consumers regarding the efficacy and appropriate application of biostimulant products. Consequently, regulatory uncertainty and ambiguity may hinder market growth by creating barriers to market entry, limiting investment, and undermining consumer confidence in biostimulant technologies.

Opportunity : Increase adoption of precision agriculture.

One opportunity in the biostimulants market is the increasing adoption of precision agriculture technologies. Precision agriculture utilizes data-driven approaches such as remote sensing, GPS guidance systems, and data analytics to optimize crop management practices and resource use efficiency. Biostimulants can complement precision agriculture techniques by providing targeted solutions to specific agronomic challenges identified through precision farming data analysis.

Challenge: Variability of product efficacy

Biostimulant effectiveness can be influenced by various factors such as product formulation, application timing, environmental conditions, and crop genetics. Due to this variability, farmers may experience inconsistent results when using biostimulant products, leading to uncertainty about their economic and agronomic benefits. Additionally, the lack of standardized testing protocols and performance metrics makes it difficult for farmers to evaluate and compare different biostimulant products accurately.

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, oilseeds & pulses to grow at consistent rate in the global biostimulants market.

The consumption of oilseeds and pulses as dietary staples is on the rise in developing nations where they are abundantly cultivated, and they are increasingly valued as cash crops for industrial use. Grains, pulses, and oilseeds are significant commodities with extensive cultivation and trade in Europe, which serves as a mature and diverse market for these products. Notably, Europe is home to three of the world's top 10 importing countries for grains (Italy, the Netherlands, and Germany), pulses (Italy, Germany, and Spain), and oilseeds (the Netherlands. While major global markets like the USA have considerable domestic production, leading to lower import volumes, Europe remains one of the largest importing regions globally. However, primary importing regions are located outside Europe, particularly in East Asia for grains and oilseeds, and Southeast Asia for pulses. According to USComtrade 2023 data, Europe accounts for approximately 22% of global grains imports, 42% of oilseeds imports, and 19% of the global pulses trade. Notably, around 70% of the oilseeds imported by Europe are locally sourced within the continent. A variety of biostimulants can be utilized in cereal and oilseed rape (OSR) crops. These biostimulants aid in the absorption of nutrients, enhance plant tolerance to and recovery from non–living environmental stress, improve plant metabolism efficiency, elevate produce quality, optimize the effectiveness of other agricultural inputs.

By mode of application, the soil treatment segment is expected to hold a significant market share in the biostimulants market.

Soil treatment with humic substances extracted from different sources has been extensively shown to enhance the iron nutrition of crop plants. The presence of humified organic matter in soil sediments further contributes to building up a reservoir of iron for plants by releasing metal ligands and forming Fe-humic substance complexes that can be readily utilized by plants for iron uptake. Enzymatic hydrolysis has emerged as a recent method to produce various biostimulants, including those derived from sewage sludge, chicken feathers, okra, and rice bran. These biostimulants are applied in soil bioremediation to address contamination by various pesticides such as chlorpyrifos, MCPA, oxyfluorfen, 2,4-D, and dicamba. Overall, soil treatment with biostimulants offers numerous benefits, including enhanced iron nutrition for crops and remediation of pesticide-contaminated soils.

In active ingredients segment, amino acids hold the significant share in the biostimulants market.

Amino acids, vital components in plant growth and development, hold a significant share in the biostimulants market for several reasons. Their effectiveness in enhancing plant growth, yield, and stress tolerance through roles in protein synthesis and nutrient uptake make them indispensable to modern agriculture. Moreover, their compatibility with various farming practices, from foliar sprays to soil applications, offers farmers flexibility in application methods. Recognized as environmentally friendly, derived from natural sources, amino acids promote sustainable agricultural practices and reduce reliance on synthetic chemicals.

Europe to dominate the biostimumlants market during the forecast period.

European farmers and policymakers increasingly prioritize sustainable agricultural practices to address environmental concerns, reduce chemical inputs, and enhance food security. Biostimulants align well with these goals as they offer solutions to improve soil health, crop resilience, and yield sustainability. European consumers are increasingly demanding environmentally friendly and sustainably produced food products. This consumer trend translates into a growing market demand for biostimulant-treated crops, prompting farmers to integrate biostimulants into their agricultural practices.

Biostimulants Market by Region

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

  • In March 2023, Sumitomo Chemical India Ltd. (India) introduced Promalin, its highly anticipated Biorational product, in Shimla, Himachal Pradesh. Developed through extensive research by Valent Biosciences, based in Illinois, USA, a subsidiary of Sumitomo Chemical Co., Ltd. (Japan). Promalin is renowned for its advanced Biorational solutions. This marks the first launch of Promalin in India by Sumitomo Chemical India Ltd. The product comprises two key ingredients: a blend of two natural gibberellins commonly found in plants, namely Gibberellins 4 and Gibberellins 7, and a naturally occurring cytokinin compound, 6-Benzyladenine.
  • In August 2022, BASF Venture Capital GmbH and Aqua-Spark invested in Sead Energy Pvt. Ltd. during a Series B funding round, totaling INR 1402 million (approximately USD 18.5 million). Sead Energy specializes in producing biostimulants for agriculture using red seaweed, a sustainable raw material mainly found in tropical waters in Asia. Their integrated model includes cultivation technology suited for deep waters and adverse weather conditions, aided by satellite imagery to optimize seaweed farm locations. With operations in Bali, Indonesia, for commercial seaweed farming and processing plants in Tuticorin, India, Sead Energy leads in tropical red seaweed production and processing. BASF's investment diversifies its biostimulants portfolio and strengthens its position in the emerging market for seaweed-derived products.
  • In June 2022, FMC Corporation's launch of the "Biologicals by FMC" brand underscores its commitment to the expanding field of biological crop protection, reflecting significant investment and a robust pipeline of innovative products. With over 50 biological offerings across 50 countries, including award-winning biostimulants and bionematicides, FMC aims to provide farmers with science-backed solutions for sustainable crop management. The introduction of Zironar biofungicide/bionematicide in the US and Provilar biofungicide in Brazil this year, along with plans for four global biopesticide launches in the next four years, positions FMC as a key player in the biostimulants market, reinforcing its commitment to addressing agricultural challenges with innovative biological technologies.

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TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 27)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
    1.3 STUDY SCOPE 
           FIGURE 1 BIOSTIMULANTS MARKET SEGMENTATION
           1.3.1 INCLUSIONS AND EXCLUSIONS
                    TABLE 1 BIOSTIMULANTS MARKET: INCLUSIONS & EXCLUSIONS
                    FIGURE 2 BIOSTIMULANTS MARKET SEGMENTATION, BY REGION
    1.4 YEARS CONSIDERED 
           FIGURE 3 STUDY YEARS CONSIDERED
    1.5 UNITS CONSIDERED 
           1.5.1 VALUE UNIT (CURRENCY)
                    TABLE 2 USD EXCHANGE RATES CONSIDERED, 2019–2023
           1.5.2 VOLUME UNIT
    1.6 STAKEHOLDERS 
    1.7 SUMMARY OF CHANGES 
           1.7.1 RECESSION IMPACT
 
2 RESEARCH METHODOLOGY (Page No. - 33)
    2.1 RESEARCH DATA 
           FIGURE 4 BIOSTIMULANTS MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
                               FIGURE 5 KEY DATA FROM SECONDARY SOURCES
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                               FIGURE 6 KEY DATA FROM PRIMARY SOURCES
                    2.1.2.2 Key industry insights
                               FIGURE 7 INSIGHTS FROM INDUSTRY EXPERTS
                    2.1.2.3 Breakdown of primaries
                               FIGURE 8 BREAKDOWN OF PRIMARIES, BY COMPANY TYPE, DESIGNATION, AND REGION
    2.2 MARKET SIZE ESTIMATION 
           2.2.1 BOTTOM-UP APPROACH
                    FIGURE 9 BIOSTIMULANTS MARKET: DEMAND-SIDE CALCULATION
           2.2.2 TOP-DOWN APPROACH
                    FIGURE 10 BIOSTIMULANTS MARKET SIZE ESTIMATION STEPS AND RESPECTIVE SOURCES: SUPPLY SIDE
                    FIGURE 11 SUPPLY-SIDE ANALYSIS: BIOSTIMULANTS MARKET
    2.3 DATA TRIANGULATION 
           FIGURE 12 DATA TRIANGULATION METHODOLOGY
    2.4 RESEARCH ASSUMPTIONS 
    2.5 LIMITATIONS AND RISK ASSESSMENT 
    2.6 BIOSTIMULANTS MARKET: RECESSION IMPACT 
           2.6.1 RECESSION MACROECONOMIC INDICATORS
                    FIGURE 13 INDICATORS OF RECESSION
                    FIGURE 14 GLOBAL INFLATION RATE, 2011–2022
                    FIGURE 15 GLOBAL GDP, 2011–2022 (USD TRILLION)
                    FIGURE 16 RECESSION INDICATORS AND THEIR IMPACT ON BIOSTIMULANTS MARKET
                    FIGURE 17 BIOSTIMULANTS MARKET: EARLIER FORECAST VS. RECESSION FORECAST
 
3 EXECUTIVE SUMMARY (Page No. - 47)
    TABLE 3 BIOSTIMULANTS MARKET SNAPSHOT, 2024 VS. 2029 
    FIGURE 18 BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024 VS. 2029 (USD MILLION) 
    FIGURE 19 BIOSTIMULANTS MARKET, BY FORM, 2024 VS. 2029 (USD MILLION) 
    FIGURE 20 BIOSTIMULANTS MARKET, BY MODE OF APPLICATION, 2024 VS. 2029 (USD MILLION) 
    FIGURE 21 BIOSTIMULANTS MARKET, BY CROP TYPE, 2024 VS. 2029 (USD MILLION) 
    FIGURE 22 BIOSTIMULANTS MARKET SHARE AND GROWTH RATE, BY REGION 
 
4 PREMIUM INSIGHTS (Page No. - 53)
    4.1 ATTRACTIVE MARKET OPPORTUNITIES FOR BIOSTIMULANT MARKET PLAYERS 
           FIGURE 23 RISE IN DEMAND FOR ORGANIC FOOD AND AGRICULTURAL PRACTICES AND GOVERNMENT INITIATIVES & INCENTIVES TO DRIVE GROWTH FOR BIOSTIMULANTS
    4.2 EUROPE: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT & COUNTRY 
           FIGURE 24 SEAWEED EXTRACTS SEGMENT AND SPAIN TO ACCOUNT FOR LARGEST SHARE IN EUROPEAN BIOSTIMULANTS MARKET IN 2024
    4.3 BIOSTIMULANTS MARKET: SHARE OF KEY REGIONAL SUBMARKETS 
           FIGURE 25 US TO ACCOUNT FOR LARGEST SHARE (BY VALUE) IN 2024
    4.4 BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT AND REGION 
           FIGURE 26 SEAWEED EXTRACTS SEGMENT TO OCCUPY LARGEST MARKET ACROSS REGIONS DURING FORECAST PERIOD
    4.5 BIOSTIMULANTS MARKET, BY CROP TYPE AND REGION 
           FIGURE 27 FRUITS & VEGETABLES SEGMENT TO DOMINATE MARKET DURING REVIEW PERIOD
    4.6 BIOSTIMULANTS MARKET, BY FORM AND REGION 
           FIGURE 28 LIQUID SEGMENT TO ACCOUNT FOR LARGER MARKET ACROSS REGIONS DURING STUDY PERIOD
    4.7 BIOSTIMULANTS MARKET, BY MODE OF APPLICATION AND REGION 
           FIGURE 29 FOLIAR TREATMENT TO DOMINATE MARKET ACROSS REGIONS DURING FORECAST PERIOD
 
5 MARKET OVERVIEW (Page No. - 60)
    5.1 INTRODUCTION 
    5.2 MACROECONOMIC INDICATORS 
           5.2.1 GROWTH IN DEMAND FOR ORGANIC FOOD
                    FIGURE 30 TOP TEN COUNTRIES WITH ORGANIC AGRICULTURAL LAND, 2022 (MILLION HECTARES)
                    FIGURE 31 US: ORGANIC FOOD SALES, 2013–2022 (USD MILLION)
           5.2.2 DAMAGE AND LOSS OF AGRICULTURAL LAND
    5.3 MARKET DYNAMICS 
           FIGURE 32 BIOSTIMULANTS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.3.1 DRIVERS
                    5.3.1.1 Rise in need for sustainable agriculture
                    5.3.1.2 Easy availability of seaweed as raw material
                               FIGURE 33 TOP 10 EXPORTERS OF SEAWEED, 2021 (USD MILLION)
                    5.3.1.3 Rise in demand for high-value crops
                               FIGURE 34 PRODUCTION OF PRIMARY CROPS, BY COMMODITY GROUP, 2000–2021 (BILLION TONNES)
           5.3.2 RESTRAINTS
                    5.3.2.1 Commercialization of low-quality biostimulant products
                    5.3.2.2 Preference for chemical pesticides among farmers in emerging economies
           5.3.3 OPPORTUNITIES
                    5.3.3.1 Technological advancements in production of biostimulants
                    5.3.3.2 Significant developments in seed treatment
                    5.3.3.3 Integration of biostimulants with fertilizers to optimize nutrient uptake
           5.3.4 CHALLENGES
                    5.3.4.1 Uncertainty in global biostimulants regulatory framework
                    5.3.4.2 Lack of adoption and awareness of biostimulants
 
6 INDUSTRY TRENDS (Page No. - 71)
    6.1 INTRODUCTION 
    6.2 SUPPLY CHAIN ANALYSIS 
           FIGURE 35 BIOSTIMULANTS MARKET: SUPPLY CHAIN ANALYSIS
    6.3 VALUE CHAIN ANALYSIS 
           FIGURE 36 BIOSTIMULANTS MARKET: VALUE CHAIN ANALYSIS
           6.3.1 RESEARCH & PRODUCT DEVELOPMENT
           6.3.2 RAW MATERIAL SOURCING
           6.3.3 MANUFACTURING & PRODUCTION
           6.3.4 PACKAGING, STORAGE, AND DISTRIBUTION
           6.3.5 POST-SALES SERVICES
    6.4 TRADE ANALYSIS 
           TABLE 4 EXPORT & IMPORT VALUE OF BIOSTIMULANTS, BY KEY COUNTRY, 2023 (USD THOUSAND)
           TABLE 5 EXPORT & IMPORT VALUE OF BIOSTIMULANTS, BY KEY COUNTRY, 2022 (USD THOUSAND)
    6.5 TECHNOLOGY ANALYSIS 
           6.5.1 KEY TECHNOLOGIES
                    6.5.1.1 Software to operationalize analytics
                    6.5.1.2 Nanoencapsulation technology
                    6.5.1.3 FertiGlobal’s EnNuVi technology
    6.6 PRICING ANALYSIS 
           6.6.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY ACTIVE INGREDIENT
                    TABLE 6 BIOSTIMULANTS MARKET: AVERAGE SELLING PRICE (ASP) OF KEY PLAYERS, BY ACTIVE INGREDIENT, 2023 (USD/TON)
           6.6.2 AVERAGE SELLING PRICE TREND OF BIOSTIMULANTS, BY ACTIVE INGREDIENT
                    TABLE 7 BIOSTIMULANTS MARKET: AVERAGE SELLING PRICE (ASP), BY ACTIVE INGREDIENT, 2019–2023 (USD/TON)
           6.6.3 AVERAGE SELLING PRICE TREND OF BIOSTIMULANTS, BY REGION
                    TABLE 8 AVERAGE SELLING PRICE TREND OF BIOSTIMULANTS, BY REGION, 2019–2023 (USD/TON)
    6.7 ECOSYSTEM ANALYSIS/MARKET MAP 
           6.7.1 DEMAND SIDE
           6.7.2 SUPPLY SIDE
                    FIGURE 37 BIOSTIMULANTS MARKET: ECOSYSTEM
                    FIGURE 38 KEY STAKEHOLDERS IN BIOSTIMULANTS MARKET ECOSYSTEM
                    TABLE 9 BIOSTIMULANTS MARKET: ECOSYSTEM
    6.8 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS 
           FIGURE 39 BIOSTIMULANTS MARKET: TRENDS/DISRUPTING IMPACTING CUSTOMER’S BUSINESS
    6.9 PATENT ANALYSIS 
           FIGURE 40 PATENTS GRANTED FOR BIOSTIMULANTS MARKET, 2014–2024
           FIGURE 41 REGIONAL ANALYSIS OF PATENT GRANTED FOR BIOSTIMULANTS MARKET, 2014–2024
           TABLE 10 LIST OF MAIN PATENTS PERTAINING TO BIOSTIMULANTS MARKET, 2014–2024
    6.10 KEY CONFERENCES & EVENTS 
           TABLE 11 BIOSTIMULANTS MARKET: DETAILED LIST OF CONFERENCES AND EVENTS, 2024–2025
    6.11 REGULATORY LANDSCAPE 
           6.11.1 NORTH AMERICA
                    6.11.1.1 US
                    6.11.1.2 Mexico
                    6.11.1.3 Canada
           6.11.2 EUROPE
                    6.11.2.1 Austria
                    6.11.2.2 France
                    6.11.2.3 Germany
                    6.11.2.4 Italy
                    6.11.2.5 Ireland
                    6.11.2.6 Spain
                    6.11.2.7 UK
           6.11.3 ASIA PACIFIC
                    6.11.3.1 India
                    6.11.3.2 China
                    6.11.3.3 Japan
                    6.11.3.4 Australia
           6.11.4 SOUTH AMERICA
                    6.11.4.1 Brazil
                    6.11.4.2 Argentina
                    6.11.4.3 Chile
           6.11.5 SOUTH AFRICA
           6.11.6 MIDDLE EAST
                    6.11.6.1 Egypt
                    6.11.6.2 UAE
    6.12 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 
                    TABLE 12 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 13 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 14 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 15 SOUTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 16 MIDDLE EAST: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    6.13 PORTER’S FIVE FORCES ANALYSIS 
                    TABLE 17 PORTER’S FIVE FORCES IMPACT ON BIOSTIMULANTS MARKET
           6.13.1 INTENSITY OF COMPETITIVE RIVALRY
           6.13.2 BARGAINING POWER OF SUPPLIERS
           6.13.3 BARGAINING POWER OF BUYERS
           6.13.4 THREAT OF SUBSTITUTES
           6.13.5 THREAT OF NEW ENTRANTS
    6.14 KEY STAKEHOLDERS AND BUYING CRITERIA 
           6.14.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 42 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE MODES OF APPLICATION
                    TABLE 18 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE MODES OF APPLICATION
           6.14.2 BUYING CRITERIA
                    FIGURE 43 KEY BUYING CRITERIA FOR TOP THREE MODES OF APPLICATION
                    TABLE 19 KEY BUYING CRITERIA FOR TOP THREE MODES OF APPLICATION
    6.15 CASE STUDY ANALYSIS 
           6.15.1 INFLUENCE OF BIOSTIMULANTS ON GROWTH OF WHEAT ENRICHED WITH SELENIUM
           6.15.2 BIOSTIMULANTS HELPED IN PROMOTING ROOT GROWTH AND PHYSIOLOGICAL PROCESSES IN PLANTS
           6.15.3 OPTIMIZING RICE PRODUCTION WITH ECOSTIM BIOSTIMULANTS
    6.16 INVESTMENT AND FUNDING SCENARIO 
                    FIGURE 44 INVESTMENT & FUNDING SCENARIO OF THREE KEY PLAYERS, 2024 (USD THOUSAND)
 
7 BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT (Page No. - 107)
    7.1 INTRODUCTION 
           FIGURE 45 BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024 VS. 2029 (USD MILLION)
           TABLE 20 BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
           TABLE 21 BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
           TABLE 22 BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (KT)
           TABLE 23 BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (KT)
    7.2 HUMIC SUBSTANCES 
           7.2.1 ABILITY TO HOLD WATER, STABILIZE SOIL TEMPERATURE, PREVENT WATER EVAPORATION, AND FACILITATE NUTRIENT UPTAKE
                    TABLE 24 HUMIC BIOSTIMULANTS MARKET, BY REGION, 2019–2023 (USD MILLION)
                    TABLE 25 HUMIC BIOSTIMULANTS MARKET, BY REGION, 2024–2029 (USD MILLION)
                    TABLE 26 HUMIC BIOSTIMULANTS MARKET, BY REGION, 2019–2023 (KT)
                    TABLE 27 HUMIC BIOSTIMULANTS MARKET, BY REGION, 2024–2029 (KT)
                    TABLE 28 HUMIC BIOSTIMULANTS MARKET, BY TYPE, 2019–2023 (USD MILLION)
                    TABLE 29 HUMIC BIOSTIMULANTS MARKET, BY TYPE, 2024–2029 (USD MILLION)
    7.3 SEAWEED EXTRACTS 
           7.3.1 NEED TO BOOST SOIL FERTILITY, ENHANCE SEED GERMINATION, AND IMPROVE CROP PRODUCTIVITY TO FUEL DEMAND
                    TABLE 30 SEAWEED EXTRACT-BASED BIOSTIMULANTS MARKET, BY REGION, 2019–2023 (USD MILLION)
                    TABLE 31 SEAWEED EXTRACT-BASED BIOSTIMULANTS MARKET, BY REGION, 2024–2029 (USD MILLION)
                    TABLE 32 SEAWEED EXTRACT-BASED BIOSTIMULANTS MARKET, BY REGION, 2019–2023 (KT)
                    TABLE 33 SEAWEED EXTRACT-BASED BIOSTIMULANTS MARKET, BY REGION, 2024–2029 (KT)
    7.4 AMINO ACIDS 
           7.4.1 INCREASE IN AWARENESS REGARDING ROLE OF AMINO ACIDS IN PLANT GROWTH
                    TABLE 34 AMINO ACID-BASED BIOSTIMULANTS MARKET, BY REGION, 2019–2023 (USD MILLION)
                    TABLE 35 AMINO ACID-BASED BIOSTIMULANTS MARKET, BY REGION, 2024–2029 (USD MILLION)
                    TABLE 36 AMINO ACID-BASED BIOSTIMULANTS MARKET, BY REGION, 2019–2023 (KT)
                    TABLE 37 AMINO ACID-BASED BIOSTIMULANTS MARKET, BY REGION, 2024–2029 (KT)
    7.5 MICROBIAL AMENDMENTS 
           7.5.1 NEED TO ENHANCE GROWTH AND NUTRIENT UPTAKE OF PLANTS AND IMPROVE SOIL CONDITIONS
                    TABLE 38 MICROBIAL AMENDMENTS MARKET, BY REGION, 2019–2023 (USD MILLION)
                    TABLE 39 MICROBIAL AMENDMENTS MARKET, BY REGION, 2024–2029 (USD MILLION)
                    TABLE 40 MICROBIAL AMENDMENTS MARKET, BY REGION, 2019–2023 (KT)
                    TABLE 41 MICROBIAL AMENDMENTS MARKET, BY REGION, 2024–2029 (KT)
           7.5.2 BACTERIAL BIOSTIMULANTS
           7.5.3 FUNGAL BIOSTIMULANTS
    7.6 MINERALS & VITAMINS 
           7.6.1 EFFECTIVENESS OF VITAMINS & MINERALS AGAINST DROUGHT STRESS
                    TABLE 42 MINERAL- & VITAMIN-BASED BIOSTIMULANTS MARKET, BY REGION, 2019–2023 (USD MILLION)
                    TABLE 43 MINERAL- & VITAMIN-BASED BIOSTIMULANTS MARKET, BY REGION, 2024–2029 (USD MILLION)
                    TABLE 44 MINERAL- & VITAMIN-BASED BIOSTIMULANTS MARKET, BY REGION, 2019–2023 (KT)
                    TABLE 45 MINERAL- & VITAMIN-BASED BIOSTIMULANTS MARKET, BY REGION, 2024–2029 (KT)
    7.7 OTHER ACTIVE INGREDIENTS 
           TABLE 46 OTHER ACTIVE INGREDIENT-BASED BIOSTIMULANTS MARKET, BY REGION, 2019–2023 (USD MILLION)
           TABLE 47 OTHER ACTIVE INGREDIENT-BASED BIOSTIMULANTS MARKET, BY REGION, 2024–2029 (USD MILLION)
           TABLE 48 OTHER ACTIVE INGREDIENT-BASED BIOSTIMULANTS MARKET, BY REGION, 2019–2023 (KT)
           TABLE 49 OTHER ACTIVE INGREDIENT-BASED BIOSTIMULANTS MARKET, BY REGION, 2024–2029 (KT)
 
8 BIOSTIMULANTS MARKET, BY CROP TYPE (Page No. - 124)
    8.1 INTRODUCTION 
           FIGURE 46 BIOSTIMULANTS MARKET, BY CROP TYPE, 2024 VS. 2029 (USD MILLION)
           TABLE 50 BIOSTIMULANTS MARKET, BY CROP TYPE, 2019–2023 (USD MILLION)
           TABLE 51 BIOSTIMULANTS MARKET, BY CROP TYPE, 2024–2029 (USD MILLION)
    8.2 CEREALS & GRAINS 
           8.2.1 HIGHER DEMAND FOR CEREAL CROPS AND INCREASE IN EFFICIENCY OF BIOSTIMULANTS ON YIELD OF CEREALS & GRAINS
                    TABLE 52 BIOSTIMULANTS MARKET IN CEREAL & GRAIN CULTIVATION, BY REGION, 2019–2023 (USD MILLION)
                    TABLE 53 BIOSTIMULANTS MARKET IN CEREAL & GRAIN CULTIVATION, BY REGION, 2024–2029 (USD MILLION)
                    TABLE 54 BIOSTIMULANTS MARKET IN CEREAL & GRAIN CULTIVATION, BY CROP TYPE, 2019–2023 (USD MILLION)
                    TABLE 55 BIOSTIMULANTS MARKET IN CEREAL & GRAIN CULTIVATION, BY CROP TYPE, 2024–2029 (USD MILLION)
           8.2.2 CORN
                    8.2.2.1 Biostimulants to enhance growth of nodal root system in corn seedlings and prevent damage from weather
           8.2.3 WHEAT
                    8.2.3.1 Increased yield and stress tolerance of staple crop
           8.2.4 RICE
                    8.2.4.1 Growth in awareness regarding increased use of chemical fertilizers on staple crops
           8.2.5 OTHER CEREALS & GRAINS
    8.3 OILSEEDS & PULSES 
           8.3.1 INCREASE IN NEED TO INCREASE PLANT TOLERANCE TO ABIOTIC STRESS
                    TABLE 56 BIOSTIMULANTS MARKET IN OILSEED & PULSE CULTIVATION, BY REGION, 2019–2023 (USD MILLION)
                    TABLE 57 BIOSTIMULANTS MARKET IN OILSEED & PULSE CULTIVATION, BY REGION, 2024–2029 (USD MILLION)
                    TABLE 58 BIOSTIMULANTS MARKET IN OILSEED & PULSE CULTIVATION, BY CROP TYPE, 2019–2023 (USD MILLION)
                    TABLE 59 BIOSTIMULANTS MARKET IN OILSEED & PULSE CULTIVATION, BY CROP TYPE, 2024–2029 (USD MILLION)
           8.3.2 SOYBEAN
                    8.3.2.1 Need to enhance adaptability to diverse environments, bolster soybean resistance, and boost yield
           8.3.3 SUNFLOWER
                    8.3.3.1 Need to improve vegetative and reproductive growth and increase yield and quality
           8.3.4 OTHER OILSEEDS & PULSES
    8.4 FRUITS & VEGETABLES 
           8.4.1 INCREASED GLOBAL CONSUMPTION OF FRUITS & VEGETABLES AND HIGH EXPORT POTENTIAL
                    TABLE 60 BIOSTIMULANTS MARKET IN FRUIT & VEGETABLE CULTIVATION, BY REGION, 2019–2023 (USD MILLION)
                    TABLE 61 BIOSTIMULANTS MARKET IN FRUIT & VEGETABLE CULTIVATION, BY REGION, 2024–2029 (USD MILLION)
                    TABLE 62 BIOSTIMULANTS MARKET IN FRUIT & VEGETABLE CULTIVATION, BY CROP TYPE, 2019–2023 (USD MILLION)
                    TABLE 63 BIOSTIMULANTS MARKET IN FRUIT & VEGETABLE CULTIVATION, BY CROP TYPE, 2024–2029 (USD MILLION)
           8.4.2 POME FRUITS
                    8.4.2.1 Higher need to improve balanced intake of key nutrients
           8.4.3 CITRUS FRUITS
                    8.4.3.1 Need to improve plant’s metabolism, induce yield, and enhance crop quality and soil fertility
           8.4.4 BERRIES
                    8.4.4.1 Increasing tolerance to abiotic stresses in berries
           8.4.5 ROOT & TUBER VEGETABLES
                    8.4.5.1 Need for higher yields, reduced nitrate accumulation, and improved overall plant growth
           8.4.6 LEAFY VEGETABLES
                    8.4.6.1 Elevating leaf pigments, stimulating root growth, and boosting resistance to stresses
           8.4.7 OTHER FRUITS & VEGETABLES
    8.5 FLOWERS & ORNAMENTALS 
           8.5.1 DEMAND FOR PROMOTING HEALTH AND VITALITY AND ENHANCING NUTRIENT UPTAKE, EFFICIENCY, AND STRESS TOLERANCE
                    TABLE 64 BIOSTIMULANTS MARKET IN FLOWER & ORNAMENTAL CULTIVATION, BY REGION, 2019–2023 (USD MILLION)
                    TABLE 65 BIOSTIMULANTS MARKET IN FLOWER & ORNAMENTAL CULTIVATION, BY REGION, 2024–2029 (USD MILLION)
    8.6 OTHER CROP TYPES 
           TABLE 66 BIOSTIMULANTS MARKET IN OTHER CROP TYPES, BY REGION, 2019–2023 (USD MILLION)
           TABLE 67 BIOSTIMULANTS MARKET IN OTHER CROP TYPES, BY REGION, 2024–2029 (USD MILLION)
 
9 BIOSTIMULANTS MARKET, BY MODE OF APPLICATION (Page No. - 141)
    9.1 INTRODUCTION 
           FIGURE 47 BIOSTIMULANTS MARKET, BY MODE OF APPLICATION, 2024 VS. 2029 (USD MILLION)
           TABLE 68 BIOSTIMULANTS MARKET, BY MODE OF APPLICATION, 2019–2023 (USD MILLION)
           TABLE 69 BIOSTIMULANTS MARKET, BY MODE OF APPLICATION, 2024–2029 (USD MILLION)
    9.2 SEED TREATMENT 
           9.2.1 TREATMENT TO STIMULATE STRESS-RESPONSIVE GENES FOR BETTER NUTRIENT UPTAKE
                    TABLE 70 SEED TREATMENT APPLICATION MARKET, BY REGION, 2019–2023 (USD MILLION)
                    TABLE 71 SEED TREATMENT APPLICATION MARKET, BY REGION, 2024–2029 (USD MILLION)
    9.3 SOIL TREATMENT 
           9.3.1 NEED TO REPLENISH SOIL HEALTH, PROMOTE PLANT GROWTH, AND IMPROVE SOIL STRUCTURE
                    TABLE 72 SOIL TREATMENT APPLICATION MARKET, BY REGION, 2019–2023 (USD MILLION)
                    TABLE 73 SOIL TREATMENT APPLICATION MARKET, BY REGION, 2024–2029 (USD MILLION)
    9.4 FOLIAR TREATMENT 
           9.4.1 NEED TO ENHANCE EFFECT OF BIOACTIVE MOLECULES ON CROP GROWTH AND IMPROVE ABSORPTION AND UPTAKE OF MICRONUTRIENTS
                    TABLE 74 FOLIAR TREATMENT APPLICATION MARKET, BY REGION, 2019–2023 (USD MILLION)
                    TABLE 75 FOLIAR TREATMENT APPLICATION MARKET, BY REGION, 2024–2029 (USD MILLION)
 
10 BIOSTIMULANTS MARKET, BY FORM (Page No. - 148)
     10.1 INTRODUCTION 
               FIGURE 48 BIOSTIMULANTS MARKET, BY FORM, 2024 VS. 2029 (USD MILLION)
               TABLE 76 BIOSTIMULANTS MARKET, BY FORM, 2019–2023 (USD MILLION)
               TABLE 77 BIOSTIMULANTS MARKET, BY FORM, 2024–2029 (USD MILLION)
     10.2 LIQUID 
             10.2.1 EASE OF APPLICATION, UNIFORM DISTRIBUTION, AND RAPID ABSORPTION BY CROPS
                       TABLE 78 LIQUID BIOSTIMULANTS MARKET, BY REGION, 2019–2023 (USD MILLION)
                       TABLE 79 LIQUID BIOSTIMULANTS MARKET, BY REGION, 2024–2029 (USD MILLION)
     10.3 DRY 
             10.3.1 LONGER SHELF LIFE AND REDUCED WATER USAGE
                       TABLE 80 DRY BIOSTIMULANTS MARKET, BY REGION, 2019–2023 (USD MILLION)
                       TABLE 81 DRY BIOSTIMULANTS MARKET, BY REGION, 2024–2029 (USD MILLION)
 
11 BIOSTIMULANTS MARKET, BY REGION (Page No. - 155)
     11.1 INTRODUCTION 
               FIGURE 49 INDIA TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
               TABLE 82 BIOSTIMULANTS MARKET, BY REGION, 2019–2023 (USD MILLION)
               TABLE 83 BIOSTIMULANTS MARKET, BY REGION, 2024–2029 (USD MILLION)
               TABLE 84 BIOSTIMULANTS MARKET, BY REGION, 2019–2023 (KT)
               TABLE 85 BIOSTIMULANTS MARKET, BY REGION, 2024–2029 (KT)
     11.2 NORTH AMERICA 
             11.2.1 NORTH AMERICA: RECESSION IMPACT
                       FIGURE 50 NORTH AMERICA: RECESSION IMPACT ANALYSIS, 2024
                       TABLE 86 NORTH AMERICA: BIOSTIMULANTS MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
                       TABLE 87 NORTH AMERICA: BIOSTIMULANTS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
                       TABLE 88 NORTH AMERICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
                       TABLE 89 NORTH AMERICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
                       TABLE 90 NORTH AMERICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (KT)
                       TABLE 91 NORTH AMERICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (KT)
                       TABLE 92 NORTH AMERICA: BIOSTIMULANTS MARKET, BY MODE OF APPLICATION, 2019–2023 (USD MILLION)
                       TABLE 93 NORTH AMERICA: BIOSTIMULANTS MARKET, BY MODE OF APPLICATION, 2024–2029 (USD MILLION)
                       TABLE 94 NORTH AMERICA: BIOSTIMULANTS MARKET, BY CROP TYPE, 2019–2023 (USD MILLION)
                       TABLE 95 NORTH AMERICA: BIOSTIMULANTS MARKET, BY CROP TYPE, 2024–2029 (USD MILLION)
                       TABLE 96 NORTH AMERICA: BIOSTIMULANTS MARKET, BY FORM, 2019–2023 (USD MILLION)
                       TABLE 97 NORTH AMERICA: BIOSTIMULANTS MARKET, BY FORM, 2024–2029 (USD MILLION)
             11.2.2 US
                       TABLE 98 US: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
                       TABLE 99 US: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
             11.2.3 CANADA
                       TABLE 100 CANADA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
                       TABLE 101 CANADA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
             11.2.4 MEXICO
                       TABLE 102 MEXICO: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
                       TABLE 103 MEXICO: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
     11.3 EUROPE 
               FIGURE 51 EUROPE: REGIONAL SNAPSHOT
             11.3.1 EUROPE: RECESSION IMPACT
                       FIGURE 52 EUROPE: RECESSION IMPACT ANALYSIS, 2024
                       TABLE 104 EUROPE: BIOSTIMULANTS MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
                       TABLE 105 EUROPE: BIOSTIMULANTS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
                       TABLE 106 EUROPE: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
                       TABLE 107 EUROPE: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
                       TABLE 108 EUROPE: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (KT)
                       TABLE 109 EUROPE: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (KT)
                       TABLE 110 EUROPE BIOSTIMULANTS MARKET, BY MODE OF APPLICATION, 2019–2023 (USD MILLION)
                       TABLE 111 EUROPE: BIOSTIMULANTS MARKET, BY MODE OF APPLICATION, 2024–2029 (USD MILLION)
                       TABLE 112 EUROPE: BIOSTIMULANTS MARKET, BY CROP TYPE, 2019–2023 (USD MILLION)
                       TABLE 113 EUROPE: BIOSTIMULANTS MARKET, BY CROP TYPE, 2024–2029 (USD MILLION)
                       TABLE 114 EUROPE: BIOSTIMULANTS MARKET, BY FORM, 2019–2023 (USD MILLION)
                       TABLE 115 EUROPE: BIOSTIMULANTS MARKET, BY FORM, 2024–2029 (USD MILLION)
             11.3.2 SPAIN
                       TABLE 116 SPAIN: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
                       TABLE 117 SPAIN: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
             11.3.3 ITALY
                       TABLE 118 ITALY: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
                       TABLE 119 ITALY: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
             11.3.4 FRANCE
                       TABLE 120 FRANCE: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
                       TABLE 121 FRANCE: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
             11.3.5 GERMANY
                       TABLE 122 GERMANY: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
                       TABLE 123 GERMANY: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
             11.3.6 UK
                       TABLE 124 UK: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
                       TABLE 125 UK: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
             11.3.7 REST OF EUROPE
                       TABLE 126 REST OF EUROPE: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
                       TABLE 127 REST OF EUROPE: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
     11.4 ASIA PACIFIC 
               FIGURE 53 ASIA PACIFIC: REGIONAL SNAPSHOT
             11.4.1 ASIA PACIFIC: RECESSION IMPACT
                       FIGURE 54 ASIA PACIFIC: RECESSION IMPACT ANALYSIS, 2024
                       TABLE 128 ASIA PACIFIC: BIOSTIMULANTS MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
                       TABLE 129 ASIA PACIFIC: BIOSTIMULANTS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
                       TABLE 130 ASIA PACIFIC: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
                       TABLE 131 ASIA PACIFIC: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
                       TABLE 132 ASIA PACIFIC: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (KT)
                       TABLE 133 ASIA PACIFIC: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (KT)
                       TABLE 134 ASIA PACIFIC: BIOSTIMULANTS MARKET, BY MODE OF APPLICATION, 2019–2023 (USD MILLION)
                       TABLE 135 ASIA PACIFIC: BIOSTIMULANTS MARKET, BY MODE OF APPLICATION, 2024–2029 (USD MILLION)
                       TABLE 136 ASIA PACIFIC: BIOSTIMULANTS MARKET, BY CROP TYPE, 2019–2023 (USD MILLION)
                       TABLE 137 ASIA PACIFIC: BIOSTIMULANTS MARKET, BY CROP TYPE, 2024–2029 (USD MILLION)
                       TABLE 138 ASIA PACIFIC: BIOSTIMULANTS MARKET, BY FORM, 2019–2023 (USD MILLION)
                       TABLE 139 ASIA PACIFIC: BIOSTIMULANTS MARKET, BY FORM, 2024–2029 (USD MILLION)
             11.4.2 CHINA
                       TABLE 140 CHINA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
                       TABLE 141 CHINA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
             11.4.3 JAPAN
                       TABLE 142 JAPAN: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
                       TABLE 143 JAPAN: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
             11.4.4 INDIA
                       TABLE 144 INDIA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
                       TABLE 145 INDIA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
             11.4.5 AUSTRALIA & NEW ZEALAND
                       TABLE 146 AUSTRALIA & NEW ZEALAND: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
                       TABLE 147 AUSTRALIA & NEW ZEALAND: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
             11.4.6 REST OF ASIA PACIFIC
                       TABLE 148 REST OF ASIA PACIFIC: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
                       TABLE 149 REST OF ASIA PACIFIC: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
     11.5 SOUTH AMERICA 
             11.5.1 SOUTH AMERICA: RECESSION IMPACT
                       FIGURE 55 SOUTH AMERICA: RECESSION IMPACT ANALYSIS, 2024
                       TABLE 150 SOUTH AMERICA: BIOSTIMULANTS MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
                       TABLE 151 SOUTH AMERICA: BIOSTIMULANTS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
                       TABLE 152 SOUTH AMERICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
                       TABLE 153 SOUTH AMERICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
                       TABLE 154 SOUTH AMERICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (KT)
                       TABLE 155 SOUTH AMERICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (KT)
                       TABLE 156 SOUTH AMERICA: BIOSTIMULANTS MARKET, BY MODE OF APPLICATION, 2019–2023 (USD MILLION)
                       TABLE 157 SOUTH AMERICA: BIOSTIMULANTS MARKET, BY MODE OF APPLICATION, 2024–2029 (USD MILLION)
                       TABLE 158 SOUTH AMERICA: BIOSTIMULANTS MARKET, BY CROP TYPE, 2019–2023 (USD MILLION)
                       TABLE 159 SOUTH AMERICA: BIOSTIMULANTS MARKET, BY CROP TYPE, 2024–2029 (USD MILLION)
                       TABLE 160 SOUTH AMERICA: BIOSTIMULANTS MARKET, BY FORM, 2019–2023 (USD MILLION)
                       TABLE 161 SOUTH AMERICA: BIOSTIMULANTS MARKET, BY FORM, 2024–2029 (USD MILLION)
             11.5.2 BRAZIL
                       TABLE 162 BRAZIL: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
                       TABLE 163 BRAZIL: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
             11.5.3 ARGENTINA
                       TABLE 164 ARGENTINA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
                       TABLE 165 ARGENTINA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
             11.5.4 REST OF SOUTH AMERICA
                       TABLE 166 REST OF SOUTH AMERICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
                       TABLE 167 REST OF SOUTH AMERICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
     11.6 REST OF THE WORLD (ROW) 
             11.6.1 ROW: RECESSION IMPACT
                       FIGURE 56 ROW: RECESSION IMPACT ANALYSIS, 2024
                       TABLE 168 ROW: BIOSTIMULANTS MARKET, BY SUBREGION, 2019–2023 (USD MILLION)
                       TABLE 169 ROW: BIOSTIMULANTS MARKET, BY SUBREGION, 2024–2029 (USD MILLION)
                       TABLE 170 ROW: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
                       TABLE 171 ROW: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
                       TABLE 172 ROW: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (KT)
                       TABLE 173 ROW: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (KT)
                       TABLE 174 ROW: BIOSTIMULANTS MARKET, BY MODE OF APPLICATION, 2019–2023 (USD MILLION)
                       TABLE 175 ROW: BIOSTIMULANTS MARKET, BY MODE OF APPLICATION, 2024–2029 (USD MILLION)
                       TABLE 176 ROW: BIOSTIMULANTS MARKET, BY CROP TYPE, 2019–2023 (USD MILLION)
                       TABLE 177 ROW: BIOSTIMULANTS MARKET, BY CROP TYPE, 2024–2029 (USD MILLION)
                       TABLE 178 ROW: BIOSTIMULANTS MARKET, BY FORM, 2019–2023 (USD MILLION)
                       TABLE 179 ROW: BIOSTIMULANTS MARKET, BY FORM, 2024–2029 (USD MILLION)
             11.6.2 AFRICA
                       TABLE 180 AFRICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
                       TABLE 181 AFRICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
             11.6.3 MIDDLE EAST
                       TABLE 182 MIDDLE EAST: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
                       TABLE 183 MIDDLE EAST: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
 
12 COMPETITIVE LANDSCAPE (Page No. - 215)
     12.1 OVERVIEW 
     12.2 MARKET SHARE ANALYSIS 
               TABLE 184 BIOSTIMULANTS MARKET: DEGREE OF COMPETITION, 2023
     12.3 KEY PLAYERS STRATEGIES/RIGHT TO WIN 
               TABLE 185 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN BIOSTIMULANTS MARKET, 2020–2024
     12.4 COMPANY VALUATION AND FINANCIAL METRICS 
               FIGURE 57 COMPANY VALUATION OF FEW KEY PLAYERS, 2024 (USD BILLION)
               FIGURE 58 EV/EBITDA OF KEY COMPANIES
     12.5 BRAND/PRODUCT ANALYSIS 
               FIGURE 59 BRAND/PRODUCT ANALYSIS, BY BIOSTIMULANTS KEY BRANDS
     12.6 REVENUE ANALYSIS 
               FIGURE 60 SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS, 2021–2023 (USD BILLION)
     12.7 COMPANY EVALUATION MATRIX: KEY PLAYERS 
             12.7.1 STARS
             12.7.2 EMERGING LEADERS
             12.7.3 PERVASIVE PLAYERS
             12.7.4 PARTICIPANTS
                       FIGURE 61 BIOSTIMULANTS MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
             12.7.5 COMPANY FOOTPRINT: KEY PLAYERS
                       12.7.5.1 Company footprint
                                   FIGURE 62 OVERALL COMPANY FOOTPRINT, 2023
                       12.7.5.2 Crop type footprint
                                   TABLE 186 BIOSTIMULANTS MARKET FOOTPRINT, BY CROP TYPE, 2023
                       12.7.5.3 Active Ingredient footprint
                                   TABLE 187 BIOSTIMULANTS MARKET FOOTPRINT, BY ACTIVE INGREDIENT, 2023
                       12.7.5.4 Form footprint
                                   TABLE 188 BIOSTIMULANTS MARKET FOOTPRINT, BY FORM, 2023
                       12.7.5.5 Mode of Application footprint
                                   TABLE 189 BIOSTIMULANTS MARKET FOOTPRINT, BY MODE OF APPLICATION, 2023
                       12.7.5.6 Regional footprint
                                   TABLE 190 BIOSTIMULANTS MARKET, BY REGIONAL FOOTPRINT, 2023
     12.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES 
             12.8.1 PROGRESSIVE COMPANIES
             12.8.2 RESPONSIVE COMPANIES
             12.8.3 DYNAMIC COMPANIES
             12.8.4 STARTING BLOCKS
                       FIGURE 63 BIOSTIMULANTS MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023
             12.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES
                       12.8.5.1 Detailed list of key startups/SMEs
                                   TABLE 191 BIOSTIMULANTS MARKET: LIST OF KEY STARTUPS/SMES, 2023
                       12.8.5.2 Competitive benchmarking of key startups/SMEs
                                   TABLE 192 BIOSTIMULANTS MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
     12.9 COMPETITIVE SCENARIO AND TRENDS 
             12.9.1 PRODUCT LAUNCHES
                       TABLE 193 BIOSTIMULANTS MARKET: PRODUCT LAUNCHES, JANUARY 2020–APRIL 2024
             12.9.2 DEALS
                       TABLE 194 BIOSTIMULANTS MARKET: DEALS, JANUARY 2020–APRIL 2024
             12.9.3 EXPANSIONS
                       TABLE 195 BIOSTIMULANTS MARKET: EXPANSIONS, JANUARY 2020–APRIL 2024
 
13 COMPANY PROFILES (Page No. - 247)
     13.1 KEY PLAYERS 
(Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View)*
             13.1.1 BASF SE
                       TABLE 196 BASF SE: COMPANY OVERVIEW
                       FIGURE 64 BASF SE: COMPANY SNAPSHOT
                       TABLE 197 BASF SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 198 BASF SE: DEALS
             13.1.2 UPL
                       TABLE 199 UPL: COMPANY OVERVIEW
                       FIGURE 65 UPL: COMPANY SNAPSHOT
                       TABLE 200 UPL: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 201 UPL: DEALS
             13.1.3 FMC CORPORATION
                       TABLE 202 FMC CORPORATION: COMPANY OVERVIEW
                       FIGURE 66 FMC CORPORATION: COMPANY SNAPSHOT
                       TABLE 203 FMC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 204 FMC CORPORATION: EXPANSIONS
             13.1.4 CORTEVA AGRISCIENCE
                       TABLE 205 CORTEVA AGRISCIENCE: BUSINESS OVERVIEW
                       FIGURE 67 CORTEVA AGRISCIENCE: COMPANY SNAPSHOT
                       TABLE 206 CORTEVA AGRISCIENCE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 207 CORTEVA AGRISCIENCE: PRODUCT LAUNCHES
                       TABLE 208 CORTEVA AGRISCIENCE: DEALS
             13.1.5 SYNGENTA GROUP
                       TABLE 209 SYNGENTA GROUP: BUSINESS OVERVIEW
                       FIGURE 68 SYNGENTA GROUP: COMPANY SNAPSHOT
                       TABLE 210 SYNGENTA GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 211 SYNGENTA GROUP: DEALS
                       TABLE 212 SYNGENTA CROP: EXPANSIONS
             13.1.6 SUMITOMO CHEMICAL CO., LTD
                       TABLE 213 SUMITOMO CHEMICAL CO., LTD: BUSINESS OVERVIEW
                       FIGURE 69 SUMITOMO CHEMICAL CO., LTD: COMPANY SNAPSHOT
                       TABLE 214 SUMITOMO CHEMICAL CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 215 SUMITOMO CHEMICAL CO., LTD: DEALS
                       TABLE 216 SUMITOMO CHEMICAL CO., LTD: EXPANSIONS
             13.1.7 RALLIS INDIA LIMITED
                       TABLE 217 RALLIS INDIA LIMITED: COMPANY OVERVIEW
                       FIGURE 70 RALLIS INDIA LIMITED: COMPANY SNAPSHOT
                       TABLE 218 RALLIS INDIA LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             13.1.8 COROMANDEL INTERNATIONAL LIMITED
                       TABLE 219 COROMANDEL INTERNATIONAL LIMITED: COMPANY OVERVIEW
                       FIGURE 71 COROMANDEL INTERNATIONAL LIMITED: COMPANY SNAPSHOT
                       TABLE 220 COROMANDEL INTERNATIONAL LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 221 COROMANDEL INTERNATIONAL LIMITED: EXPANSIONS
             13.1.9 NUFARM
                       TABLE 222 NUFARM: COMPANY OVERVIEW
                       FIGURE 72 NUFARM: COMPANY SNAPSHOT
                       TABLE 223 NUFARM: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 224 NUFARM: PRODUCT LAUNCHES
             13.1.10 PI INDUSTRIES
                                   TABLE 225 PI INDUSTRIES: COMPANY OVERVIEW
                                   FIGURE 73 PI INDUSTRIES: COMPANY SNAPSHOT
                                   TABLE 226 PI INDUSTRIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             13.1.11 T.STANES AND COMPANY LIMITED
                                   TABLE 227 T.STANES AND COMPANY LIMITED: COMPANY OVERVIEW
                                   FIGURE 74 T.STANES AND COMPANY LIMITED: COMPANY SNAPSHOT
                                   TABLE 228 T.STANES AND COMPANY LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             13.1.12 GOWAN COMPANY
                                   TABLE 229 GOWAN COMPANY: COMPANY OVERVIEW
                                   TABLE 230 GOWAN COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                                   TABLE 231 GOWAN COMPANY: DEALS
             13.1.13 ILSA S.P.A.
                                   TABLE 232 ILSA S.P.A.: COMPANY OVERVIEW
                                   TABLE 233 ILSA S.P.A.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                                   TABLE 234 ILSA S.P.A.: DEALS
             13.1.14 HAIFA NEGEV TECHNOLOGIES LTD
                                   TABLE 235 HAIFA NEGEV TECHNOLOGIES LTD: COMPANY OVERVIEW
                                   TABLE 236 HAIFA NEGEV TECHNOLOGIES LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                                   TABLE 237 HAIFA NEGEV TECHNOLOGIES LTD: PRODUCT LAUNCHES
                                   TABLE 238 HAIFA NEGEV TECHNOLOGIES LTD: DEALS
             13.1.15 KOPPERT
                                   TABLE 239 KOPPERT: COMPANY OVERVIEW
                                   TABLE 240 KOPPERT: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                                   TABLE 241 KOPPERT: DEALS
                                   TABLE 242 KOPPERT: EXPANSIONS
             13.1.16 BAYER AG
                                   TABLE 243 BAYER AG: BUSINESS OVERVIEW
                                   FIGURE 75 BAYER AG: COMPANY SNAPSHOT
                                   TABLE 244 BAYER AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                                   TABLE 245 BAYER AG: DEALS
*Details on Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View might not be captured in case of unlisted companies.
     13.2 STARTUPS/SMES 
             13.2.1 SUSTAINABLE AGRO SOLUTIONS, S.A.U.
                       TABLE 246 SUSTAINABLE AGRO SOLUTIONS, S.A.U.: COMPANY OVERVIEW
                       TABLE 247 SUSTAINABLE AGRO SOLUTIONS, S.A.U.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 248 SUSTAINABLE AGRO SOLUTIONS, S.A.U.: DEALS
             13.2.2 AGRITECNO BIOSTIMULANTS AND PLANT NUTRITION
                       TABLE 249 AGRITECNO BIOSTIMULANTS AND PLANT NUTRITION: COMPANY OVERVIEW
                       TABLE 250 AGRITECNO BIOSTIMULANTS AND PLANT NUTRITION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             13.2.3 AXEB BIOTECH SL
                       TABLE 251 AXEB BIOTECH SL: COMPANY OVERVIEW
                       TABLE 252 AXEB BIOTECH SL: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             13.2.4 MAFA BIOSCIENCE
                       TABLE 253 MAFA BIOSCIENCE: COMPANY OVERVIEW
                       TABLE 254 MAFA BIOSCIENCE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             13.2.5 DEVI CROPSCIENCE
                       TABLE 255 DEVI CROPSCIENCE: COMPANY OVERVIEW
                       TABLE 256 DEVI CROPSCIENCE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             13.2.6 LAWRIECO
                       TABLE 257 LAWRIECO: COMPANY OVERVIEW
             13.2.7 OMEX
                       TABLE 258 OMEX: COMPANY OVERVIEW
             13.2.8 AMINOCORE
                       TABLE 259 AMINOCORE: COMPANY OVERVIEW
             13.2.9 BIOSTADT
                       TABLE 260 BIOSTADT: COMPANY OVERVIEW
               13.2.10 SEIPASA, S.A.
                                   TABLE 261 SEIPASA, S.A.: COMPANY OVERVIEW
 
14 ADJACENT AND RELATED MARKETS (Page No. - 327)
     14.1 INTRODUCTION 
               TABLE 262 ADJACENT MARKETS
     14.2 RESEARCH LIMITATIONS 
     14.3 BIOPESTICIDES MARKET 
             14.3.1 MARKET DEFINITION
             14.3.2 MARKET OVERVIEW
             14.3.3 BIOPESTICIDES MARKET, BY SOURCE
                       TABLE 263 BIOPESTICIDES MARKET, BY SOURCE, 2019–2022 (USD MILLION)
                       TABLE 264 BIOPESTICIDES MARKET, BY SOURCE, 2023–2028 (USD MILLION)
     14.4 AGRICULTURAL BIOLOGICALS MARKET 
             14.4.1 MARKET DEFINITION
             14.4.2 MARKET OVERVIEW
             14.4.3 AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION
                       TABLE 265 AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2018–2022 (USD MILLION)
                       TABLE 266 AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2023–2028 (USD MILLION)
 
15 APPENDIX (Page No. - 331)
     15.1 DISCUSSION GUIDE 
     15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     15.3 CUSTOMIZATION OPTIONS 
     15.4 RELATED REPORTS 
     15.5 AUTHOR DETAILS 

 

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

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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:

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

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

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

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Report Code
AGI 2920
Published ON
Apr, 2024
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