Biostimulants Market by Form (Dry and Liquid), Active Ingredient (Amino Acids, Humic Substances, and Others), Crop Type, Application Method and Geography - Global Industry Analysis, Opportunities and Forecast up to 2026

The global biostimulants market size was valued at $2.82 billion in 2020, and is projected to reach $5.85 billion by 2026, growing at a CAGR of 12.9% during the forecast period.

• The biostimulants market has a promising growth potential due to several factors which includes expansion of the organic food industry and to the increased demand for quality crops and agri-foods.

• Additionally, emphasizing revitalizing degraded soil, growing awareness among farmers regarding the benefits of biostimulants and rising adoption of sustainable farming methods are expanding the market growth in the foreseeable future.

• However, low awareness regarding the advantages of biostimulants products in the market and dearth of proper regulations and conventions are some factors likely to hamper the market growth.

A biostimulant is a naturally derived additive or microbe used to improve nutrient efficiency, abiotic stress tolerance, and crop quality. Plants such as fruits and vegetables, oilseeds and pulses, cereals and grains, and turfs and ornamentals are all treated with biostimulants. Biostimulants can be applied to plants in a variety of ways, including foliar treatment, soil treatment, and seed treatment. Biostimulants are applied to sections of the plant that are visible above ground during foliar feeding and are regarded an important aspect of crop productivity, particularly in horticultural crops.

By Application Method, Seed Treatment to Exhibit Significant Growth Rate in the Market

Seed treatment is estimated to witness the significant growth rate in the foreseeable future due to benefits such as increased nutrient availability in the rhizosphere, improved root and shoot growth, greater nutrient absorption, pathogen protection, and improved nutrient use efficiency.

By Geography, Europe Dominates by Being the Largest Market for Biostimulants

Europe held the larger market share, and it would continue on this path during the forecast period because of the government's increased attention on adopting sustainable farming substances, equipments, and methods, as well as the presence of various bio stimulants promoting councils in the region. These materials are being employed on vast stretches of land throughout Europe, and their usage is expected to increase significantly during the forecast period.

Some of the key players profiled in the Report:
• Adama Ltd.
• Agrinos AS
• Andermatt Biocontrol AG
• BASF SE
• Bayer AG
• Biolchim SpA
• Biostadt India Ltd.
• Biovert S.L.
• Eastman Chemical Company
• FMC CORPORATION
• Gowan Company, LLC
• HAIFA GROUP
• ILSA S.P.A.
• Marrone Bio Innovations, Inc.
• Novozymes A/S
• RALLIS INDIA LIMITED
• UPL Limited
• Valagro SpA

 What Can be Explored with this Research Report:
• Understand the key trends that will drive the market, challenges it faces in the current market scenario.
• Identify growth opportunities.
• Porter’s five force analysis.
• In-depth analysis of market segments, and regions/countries predicted to observed promising growth.
• Historical and forecast size of the market in terms of revenue (USD Million).
• Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Market by, Form    
• Dry
• Liquid

Market by, Active Ingredient
• Amino Acids
• Humic Substances
• Microbial Amendments
• Seaweed Extracts
• Other Active Ingredients

Market by, Crop Type  
• Cereals & Grains
• Fruits & Vegetables
• Oilseeds & Pulses
• Turf & Ornamentals
• Other Crop Types
    
Market by, Application Method    
• Foliar
• Seed Treatment
• Soil Treatment
    
 Market by, Geography    
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

Table Of Content

1 Market Overview           
    1.1 Introduction       
    1.2 Research Objectives      
    1.3 Market Segmentation      
    1.4 Stakeholders       
    1.5 List of Acronyms       
             
2 Executive Summary           
             
3 Research Methodology          
    3.1 Identification of Data      
    3.2 Evaluation of Market Dynamics     
    3.3 Collaboration of Data      
    3.4 Verification and Analysis      
    3.5 Data Sources       
    3.6 Assumptions       
4 Market Dynamics           
    4.1 Market Drivers       
           4.1.1 Expansion of the organic food industry
           4.1.2 Increased demand for quality crops and agri-foods
           4.1.3 Growing awareness among farmers regarding the benefits of biostimulants
           4.1.4 Emphasizing revitalizing degraded soil
    4.2 Market Restraints       
           4.2.1 Low awareness regarding the advantages of biostimulants products in the market
           4.2.2 Dearth of proper regulations and conventions
    4.3 Market Opportunities      
    4.4 Market Challenges       
    4.5 Impact of COVID-19 on Biostimulants Market    
             
5 Porter's Five Force Analysis          
    5.1 Bargaining Power of Suppliers      
    5.2 Bargaining Power of Buyers      
    5.3 Threat of New Entrants      
    5.4 Threat of Substitutes      
    5.5 Competitive Rivalry in the Market     
             
6 Global Biostimulants Market by, Form         
    6.1 Overview       
    6.2 Dry        
    6.3 Liquid        
             
7 Global Biostimulants Market by, Active Ingredient        
    7.1 Overview       
    7.2 Amino Acids       
    7.3 Humic Substances       
    7.4 Microbial Amendments      
    7.5 Seaweed Extracts       
    7.6 Other Active Ingredients      
           7.6.1 Polysaccharides
           7.6.2 Trace Minerals
           7.6.3 Vitamins 
             
8 Global Biostimulants Market by, Crop Type        
    8.1 Overview       
    8.2 Cereals & Grains       
    8.3 Fruits & Vegetables       
    8.4 Oilseeds & Pulses       
    8.5 Turf & Ornamentals       
    8.6 Other Crop Types        
           8.6.1 Forage  
           8.6.2 Plantation Crops
             
9 Global Biostimulants Market by, Application Method       
    9.1 Overview       
    9.2 Foliar        
    9.3 Seed Treatment       
    9.4 Soil Treatment       
             
10 Global Biostimulants Market by, Geography        
    10.1 Overview       
    10.2 North America       
    10.3 Europe        
    10.4 Asia Pacific       
    10.5 South America       
    10.6 Middle East & Africa      
              
11 Key Developments           
             
12 Company Profiling           
    12.1 Adama Ltd.       
            12.1.1 Business Overview
            12.1.2 Product/Service Offering
            12.1.3 Financial Overview
            12.1.4 SWOT Analysis
            12.1.5 Key Activities
    12.2 Agrinos AS       
    12.3 Andermatt Biocontrol AG      
    12.4 BASF SE        
    12.5 Bayer AG        
    12.6 Biolchim SpA       
    12.7 Biostadt India Ltd.       
    12.8 Biovert S.L.       
    12.9 Eastman Chemical Company      
    12.10 FMC CORPORATION       
    12.11 Gowan Company, LLC      
    12.12 HAIFA GROUP       
    12.13 ILSA S.P.A.       
    12.14 Marrone Bio Innovations, Inc.      
    12.15 Novozymes A/S        
    12.16 RALLIS INDIA LIMITED      
    12.17 UPL Limited       
    12.18 Valagro SpA