Biostimulants Market

Report Code AGI 2920
Published in Apr, 2024, By MarketsandMarkets™
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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

Overview

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.

Attractive Opportunities in the Biostimulants Market

Europe

The market growth in Europe is expected to be driven by the region's high focus on sustainability in their food production practices and shifting food product demands.

The growth of this market is attributed to the increasing impact of climate change, soil degradation, and abiotic stress on global crop production.

Major biostimulants manufacturers are investing in and introducing newer biostimulant formulations using natural and biological ingredients.

Expansion & investment and new product launches would offer lucrative opportunities for market players in the next five years.

Market growth in Asia Pacific is attributed to the increasing organic farming operations and the overuse of synthetic agrichemicals for farming in the past.

Global Biostimulants 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.

Global Biostimulants Market Ecosystem Analysis

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).

 

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.

Europe Region Holds the Largest Share of the Biostimulants Market

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).

 
 

Recent Developments of Biostimulants Market industry

  • 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.

Key Market Players

KEY PLAYERS IN THE Biostimulants Market INCLUDE

  • 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)

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Scope of the Report

Report Attribute 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)

 

Key Questions Addressed by the Report

Which are the major companies in the biostimulants market? What are their major strategies to strengthen their market presence?
The key players in this 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 players in this market are focusing on increasing their presence through agreements and collaborations. These companies have a strong presence in North America, Asia Pacific, and Europe. They also have manufacturing facilities and strong distribution networks across these regions.
What are the drivers and opportunities for the biostimulants market?
Improvement in biotechnological and agricultural research related to plant-microbe interactions and biostimulant mechanisms further supports the growth of the market with more efficient and specific products. Integration of these with precision agriculture technologies becomes highly opportunistic. By way of data analytics, sensors, and other digital farming solutions, farmers are better positioned to apply biostimulants optimally, increasing their efficacy and maximizing their impact on crop productivity and sustainability.
Which region is expected to hold the highest market share?
The European region has the highest consumption of biostimulants due to several factors. There are many decisive factors which make the European region consume the largest amount of these biostimulants: firstly, a great level of agricultural development has occurred that is oriented towards special crops like fruit and vegetables in this region. These are high-value crops that benefit the most from biostimulants in yield and stress tolerance. Research and development in biostimulants in European countries are on the cutting edge. This, in turn, means more different biostimulant products tailored to specific needs, thus attracting more farmers to the market. The EU has created certain regulations for organic farming, encouraging the use of eco-friendly solutions like biostimulants. This focus on sustainability positions biostimulants favorably compared to traditional chemical fertilizers.
What are the key technology trends prevailing in the biostimulants market?
One of the emerging technology trends in the biostimulants market involves nanotechnology. Nano-sized delivery systems allow for targeted delivery and controlled release of biostimulant compounds, hence increasing their efficacy and bioavailability. These nanoparticles may efficiently penetrate plant tissues to reach target sites within plants and exert their action more effectively. It is also through nanotechnology that the formulation of smart biostimulants meets special needs of crops and the environment. By incorporating nanomaterials, biostimulants can be optimized for improvement in soil health, nutrient cycling, and mitigation of stress. Hence, nanotechnology is one promising avenue to progress in developing and applying biostimulants for sustainable agriculture.
What is the total CAGR expected to be recorded for the biostimulants market during 2024-2029?
The CAGR is expected to record as of 12.0% from 2024-2029.

 

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Table of Contents

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TITLE
PAGE NO
INTRODUCTION
28
RESEARCH METHODOLOGY
34
EXECUTIVE SUMMARY
48
PREMIUM INSIGHTS
54
MARKET OVERVIEW
61
  • 5.1 INTRODUCTION
  • 5.2 MACROECONOMIC INDICATORS
    GROWTH IN DEMAND FOR ORGANIC FOOD
    DAMAGE AND LOSS OF AGRICULTURAL LAND
  • 5.3 MARKET DYNAMICS
    DRIVERS
    - Rise in need for sustainable agriculture
    - Easy availability of seaweed as raw material
    - Rise in demand for high-value crops
    RESTRAINTS
    - Commercialization of low-quality biostimulant products
    - Preference for chemical pesticides among farmers in emerging economies
    OPPORTUNITIES
    - Technological advancements in production of biostimulants
    - Significant developments in seed treatment
    - Integration of biostimulants with fertilizers to optimize nutrient uptake
    CHALLENGES
    - Uncertainty in global biostimulants regulatory framework
    - Lack of adoption and awareness of biostimulants
INDUSTRY TRENDS
72
  • 6.1 INTRODUCTION
  • 6.2 SUPPLY CHAIN ANALYSIS
  • 6.3 VALUE CHAIN ANALYSIS
    RESEARCH & PRODUCT DEVELOPMENT
    RAW MATERIAL SOURCING
    MANUFACTURING & PRODUCTION
    PACKAGING, STORAGE, AND DISTRIBUTION
    POST-SALES SERVICES
  • 6.4 TRADE ANALYSIS
  • 6.5 TECHNOLOGY ANALYSIS
    KEY TECHNOLOGIES
    - Software to operationalize analytics
    - Nanoencapsulation technology
    - FertiGlobal’s EnNuVi technology
  • 6.6 PRICING ANALYSIS
    AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY ACTIVE INGREDIENT
    AVERAGE SELLING PRICE TREND OF BIOSTIMULANTS, BY ACTIVE INGREDIENT
    AVERAGE SELLING PRICE TREND OF BIOSTIMULANTS, BY REGION
  • 6.7 ECOSYSTEM ANALYSIS/MARKET MAP
    DEMAND SIDE
    SUPPLY SIDE
  • 6.8 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS
  • 6.9 PATENT ANALYSIS
  • 6.10 KEY CONFERENCES & EVENTS
  • 6.11 REGULATORY LANDSCAPE
    NORTH AMERICA
    - US
    - Mexico
    - Canada
    EUROPE
    - Austria
    - France
    - Germany
    - Italy
    - Ireland
    - Spain
    - UK
    ASIA PACIFIC
    - India
    - China
    - Japan
    - Australia
    SOUTH AMERICA
    - Brazil
    - Argentina
    - Chile
    SOUTH AFRICA
    MIDDLE EAST
    - Egypt
    - UAE
  • 6.12 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • 6.13 PORTER’S FIVE FORCES ANALYSIS
    INTENSITY OF COMPETITIVE RIVALRY
    BARGAINING POWER OF SUPPLIERS
    BARGAINING POWER OF BUYERS
    THREAT OF SUBSTITUTES
    THREAT OF NEW ENTRANTS
  • 6.14 KEY STAKEHOLDERS AND BUYING CRITERIA
    KEY STAKEHOLDERS IN BUYING PROCESS
    BUYING CRITERIA
  • 6.15 CASE STUDY ANALYSIS
    INFLUENCE OF BIOSTIMULANTS ON GROWTH OF WHEAT ENRICHED WITH SELENIUM
    BIOSTIMULANTS HELPED IN PROMOTING ROOT GROWTH AND PHYSIOLOGICAL PROCESSES IN PLANTS
    OPTIMIZING RICE PRODUCTION WITH ECOSTIM BIOSTIMULANTS
  • 6.16 INVESTMENT AND FUNDING SCENARIO
BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT
108
  • 7.1 INTRODUCTION
  • 7.2 HUMIC SUBSTANCES
    ABILITY TO HOLD WATER, STABILIZE SOIL TEMPERATURE, PREVENT WATER EVAPORATION, AND FACILITATE NUTRIENT UPTAKE
  • 7.3 SEAWEED EXTRACTS
    NEED TO BOOST SOIL FERTILITY, ENHANCE SEED GERMINATION, AND IMPROVE CROP PRODUCTIVITY TO FUEL DEMAND
  • 7.4 AMINO ACIDS
    INCREASE IN AWARENESS REGARDING ROLE OF AMINO ACIDS IN PLANT GROWTH
  • 7.5 MICROBIAL AMENDMENTS
    NEED TO ENHANCE GROWTH AND NUTRIENT UPTAKE OF PLANTS AND IMPROVE SOIL CONDITIONS
    BACTERIAL BIOSTIMULANTS
    FUNGAL BIOSTIMULANTS
  • 7.6 MINERALS & VITAMINS
    EFFECTIVENESS OF VITAMINS & MINERALS AGAINST DROUGHT STRESS
  • 7.7 OTHER ACTIVE INGREDIENTS
BIOSTIMULANTS MARKET, BY CROP TYPE
125
  • 8.1 INTRODUCTION
  • 8.2 CEREALS & GRAINS
    HIGHER DEMAND FOR CEREAL CROPS AND INCREASE IN EFFICIENCY OF BIOSTIMULANTS ON YIELD OF CEREALS & GRAINS
    CORN
    - Biostimulants to enhance growth of nodal root system in corn seedlings and prevent damage from weather
    WHEAT
    - Increased yield and stress tolerance of staple crop
    RICE
    - Growth in awareness regarding increased use of chemical fertilizers on staple crops
    OTHER CEREALS & GRAINS
  • 8.3 OILSEEDS & PULSES
    INCREASE IN NEED TO INCREASE PLANT TOLERANCE TO ABIOTIC STRESS
    SOYBEAN
    - Need to enhance adaptability to diverse environments, bolster soybean resistance, and boost yield
    SUNFLOWER
    - Need to improve vegetative and reproductive growth and increase yield and quality
    OTHER OILSEEDS & PULSES
  • 8.4 FRUITS & VEGETABLES
    INCREASED GLOBAL CONSUMPTION OF FRUITS & VEGETABLES AND HIGH EXPORT POTENTIAL
    POME FRUITS
    - Higher need to improve balanced intake of key nutrients
    CITRUS FRUITS
    - Need to improve plant’s metabolism, induce yield, and enhance crop quality and soil fertility
    BERRIES
    - Increasing tolerance to abiotic stresses in berries
    ROOT & TUBER VEGETABLES
    - Need for higher yields, reduced nitrate accumulation, and improved overall plant growth
    LEAFY VEGETABLES
    - Elevating leaf pigments, stimulating root growth, and boosting resistance to stresses
    OTHER FRUITS & VEGETABLES
  • 8.5 FLOWERS & ORNAMENTALS
    DEMAND FOR PROMOTING HEALTH AND VITALITY AND ENHANCING NUTRIENT UPTAKE, EFFICIENCY, AND STRESS TOLERANCE
  • 8.6 OTHER CROP TYPES
BIOSTIMULANTS MARKET, BY MODE OF APPLICATION
142
  • 9.1 INTRODUCTION
  • 9.2 SEED TREATMENT
    TREATMENT TO STIMULATE STRESS-RESPONSIVE GENES FOR BETTER NUTRIENT UPTAKE
  • 9.3 SOIL TREATMENT
    NEED TO REPLENISH SOIL HEALTH, PROMOTE PLANT GROWTH, AND IMPROVE SOIL STRUCTURE
  • 9.4 FOLIAR TREATMENT
    NEED TO ENHANCE EFFECT OF BIOACTIVE MOLECULES ON CROP GROWTH AND IMPROVE ABSORPTION AND UPTAKE OF MICRONUTRIENTS
BIOSTIMULANTS MARKET, BY FORM
149
  • 10.1 INTRODUCTION
  • 10.2 LIQUID
    EASE OF APPLICATION, UNIFORM DISTRIBUTION, AND RAPID ABSORPTION BY CROPS
  • 10.3 DRY
    LONGER SHELF LIFE AND REDUCED WATER USAGE
BIOSTIMULANTS MARKET, BY REGION
156
  • 11.1 INTRODUCTION
  • 11.2 NORTH AMERICA
    NORTH AMERICA: RECESSION IMPACT
    US
    CANADA
    MEXICO
  • 11.3 EUROPE
    EUROPE: RECESSION IMPACT
    SPAIN
    ITALY
    FRANCE
    GERMANY
    UK
    REST OF EUROPE
  • 11.4 ASIA PACIFIC
    ASIA PACIFIC: RECESSION IMPACT
    CHINA
    JAPAN
    INDIA
    AUSTRALIA & NEW ZEALAND
    REST OF ASIA PACIFIC
  • 11.5 SOUTH AMERICA
    SOUTH AMERICA: RECESSION IMPACT
    BRAZIL
    ARGENTINA
    REST OF SOUTH AMERICA
  • 11.6 REST OF THE WORLD (ROW)
    ROW: RECESSION IMPACT
    AFRICA
    MIDDLE EAST
COMPETITIVE LANDSCAPE
216
  • 12.1 OVERVIEW
  • 12.2 MARKET SHARE ANALYSIS
  • 12.3 KEY PLAYERS STRATEGIES/RIGHT TO WIN
  • 12.4 COMPANY VALUATION AND FINANCIAL METRICS
  • 12.5 BRAND/PRODUCT ANALYSIS
  • 12.6 REVENUE ANALYSIS
  • 12.7 COMPANY EVALUATION MATRIX: KEY PLAYERS
    STARS
    EMERGING LEADERS
    PERVASIVE PLAYERS
    PARTICIPANTS
    COMPANY FOOTPRINT: KEY PLAYERS
    - Company footprint
    - Crop type footprint
    - Active Ingredient footprint
    - Form footprint
    - Mode of Application footprint
    - Regional footprint
  • 12.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES
    PROGRESSIVE COMPANIES
    RESPONSIVE COMPANIES
    DYNAMIC COMPANIES
    STARTING BLOCKS
    COMPETITIVE BENCHMARKING: STARTUPS/SMES
    - Detailed list of key startups/SMEs
    - Competitive benchmarking of key startups/SMEs
  • 12.9 COMPETITIVE SCENARIO AND TRENDS
    PRODUCT LAUNCHES
    DEALS
    EXPANSIONS
COMPANY PROFILES
248
  • 13.1 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
    CORTEVA AGRISCIENCE
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    SYNGENTA GROUP
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    SUMITOMO CHEMICAL CO., LTD
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    RALLIS INDIA LIMITED
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    COROMANDEL INTERNATIONAL LIMITED
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    NUFARM
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    PI INDUSTRIES
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    T.STANES AND COMPANY LIMITED
    - 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 NEGEV TECHNOLOGIES LTD
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    KOPPERT
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    BAYER AG
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
  • 13.2 STARTUPS/SMES
    SUSTAINABLE AGRO SOLUTIONS, S.A.U.
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    AGRITECNO BIOSTIMULANTS AND PLANT NUTRITION
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    AXEB BIOTECH SL
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    MAFA BIOSCIENCE
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    DEVI CROPSCIENCE
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    LAWRIECO
    OMEX
    AMINOCORE
    BIOSTADT
    SEIPASA, S.A.
ADJACENT AND RELATED MARKETS
328
  • 14.1 INTRODUCTION
  • 14.2 RESEARCH LIMITATIONS
  • 14.3 BIOPESTICIDES MARKET
    MARKET DEFINITION
    MARKET OVERVIEW
    BIOPESTICIDES MARKET, BY SOURCE
  • 14.4 AGRICULTURAL BIOLOGICALS MARKET
    MARKET DEFINITION
    MARKET OVERVIEW
    AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION
APPENDIX
332
  • 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, 2019–2023
  • TABLE 3 BIOSTIMULANTS MARKET SNAPSHOT, 2024 VS. 2029
  • 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)
  • TABLE 6 BIOSTIMULANTS MARKET: AVERAGE SELLING PRICE (ASP) OF KEY PLAYERS, BY ACTIVE INGREDIENT, 2023 (USD/TON)
  • TABLE 7 BIOSTIMULANTS MARKET: AVERAGE SELLING PRICE (ASP), BY ACTIVE INGREDIENT, 2019–2023 (USD/TON)
  • TABLE 8 AVERAGE SELLING PRICE TREND OF BIOSTIMULANTS, BY REGION, 2019–2023 (USD/TON)
  • TABLE 9 BIOSTIMULANTS MARKET: ECOSYSTEM
  • TABLE 10 LIST OF MAIN PATENTS PERTAINING TO BIOSTIMULANTS MARKET, 2014–2024
  • TABLE 11 BIOSTIMULANTS MARKET: DETAILED LIST OF CONFERENCES AND EVENTS, 2024–2025
  • 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
  • TABLE 17 PORTER’S FIVE FORCES IMPACT ON BIOSTIMULANTS MARKET
  • TABLE 18 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE MODES OF APPLICATION
  • TABLE 19 KEY BUYING CRITERIA FOR TOP THREE MODES OF APPLICATION
  • 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)
  • 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)
  • 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)
  • 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)
  • 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)
  • 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)
  • 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)
  • TABLE 50 BIOSTIMULANTS MARKET, BY CROP TYPE, 2019–2023 (USD MILLION)
  • TABLE 51 BIOSTIMULANTS MARKET, BY CROP TYPE, 2024–2029 (USD MILLION)
  • 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)
  • 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)
  • 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)
  • 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)
  • 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)
  • TABLE 68 BIOSTIMULANTS MARKET, BY MODE OF APPLICATION, 2019–2023 (USD MILLION)
  • TABLE 69 BIOSTIMULANTS MARKET, BY MODE OF APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 70 SEED TREATMENT APPLICATION MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 71 SEED TREATMENT APPLICATION MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 72 SOIL TREATMENT APPLICATION MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 73 SOIL TREATMENT APPLICATION MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 74 FOLIAR TREATMENT APPLICATION MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 75 FOLIAR TREATMENT APPLICATION MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 76 BIOSTIMULANTS MARKET, BY FORM, 2019–2023 (USD MILLION)
  • TABLE 77 BIOSTIMULANTS MARKET, BY FORM, 2024–2029 (USD MILLION)
  • TABLE 78 LIQUID BIOSTIMULANTS MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 79 LIQUID BIOSTIMULANTS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 80 DRY BIOSTIMULANTS MARKET, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 81 DRY BIOSTIMULANTS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • 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)
  • 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)
  • TABLE 98 US: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
  • TABLE 99 US: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
  • TABLE 100 CANADA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
  • TABLE 101 CANADA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
  • TABLE 102 MEXICO: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
  • TABLE 103 MEXICO: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
  • 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)
  • TABLE 116 SPAIN: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
  • TABLE 117 SPAIN: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
  • TABLE 118 ITALY: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
  • TABLE 119 ITALY: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
  • TABLE 120 FRANCE: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
  • TABLE 121 FRANCE: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
  • TABLE 122 GERMANY: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
  • TABLE 123 GERMANY: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
  • TABLE 124 UK: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
  • TABLE 125 UK: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
  • 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)
  • 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)
  • TABLE 140 CHINA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
  • TABLE 141 CHINA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
  • TABLE 142 JAPAN: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
  • TABLE 143 JAPAN: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
  • TABLE 144 INDIA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
  • TABLE 145 INDIA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
  • 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)
  • 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)
  • 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)
  • TABLE 162 BRAZIL: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
  • TABLE 163 BRAZIL: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
  • TABLE 164 ARGENTINA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
  • TABLE 165 ARGENTINA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
  • 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)
  • 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)
  • TABLE 180 AFRICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2019–2023 (USD MILLION)
  • TABLE 181 AFRICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024–2029 (USD MILLION)
  • 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)
  • TABLE 184 BIOSTIMULANTS MARKET: DEGREE OF COMPETITION, 2023
  • TABLE 185 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN BIOSTIMULANTS MARKET, 2020–2024
  • TABLE 186 BIOSTIMULANTS MARKET FOOTPRINT, BY CROP TYPE, 2023
  • TABLE 187 BIOSTIMULANTS MARKET FOOTPRINT, BY ACTIVE INGREDIENT, 2023
  • TABLE 188 BIOSTIMULANTS MARKET FOOTPRINT, BY FORM, 2023
  • TABLE 189 BIOSTIMULANTS MARKET FOOTPRINT, BY MODE OF APPLICATION, 2023
  • TABLE 190 BIOSTIMULANTS MARKET, BY REGIONAL FOOTPRINT, 2023
  • TABLE 191 BIOSTIMULANTS MARKET: LIST OF KEY STARTUPS/SMES, 2023
  • TABLE 192 BIOSTIMULANTS MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
  • TABLE 193 BIOSTIMULANTS MARKET: PRODUCT LAUNCHES, JANUARY 2020–APRIL 2024
  • TABLE 194 BIOSTIMULANTS MARKET: DEALS, JANUARY 2020–APRIL 2024
  • TABLE 195 BIOSTIMULANTS MARKET: EXPANSIONS, JANUARY 2020–APRIL 2024
  • TABLE 196 BASF SE: COMPANY OVERVIEW
  • TABLE 197 BASF SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 198 BASF SE: DEALS
  • TABLE 199 UPL: COMPANY OVERVIEW
  • TABLE 200 UPL: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 201 UPL: DEALS
  • TABLE 202 FMC CORPORATION: COMPANY OVERVIEW
  • TABLE 203 FMC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 204 FMC CORPORATION: EXPANSIONS
  • TABLE 205 CORTEVA AGRISCIENCE: BUSINESS OVERVIEW
  • TABLE 206 CORTEVA AGRISCIENCE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 207 CORTEVA AGRISCIENCE: PRODUCT LAUNCHES
  • TABLE 208 CORTEVA AGRISCIENCE: DEALS
  • TABLE 209 SYNGENTA GROUP: BUSINESS OVERVIEW
  • TABLE 210 SYNGENTA GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 211 SYNGENTA GROUP: DEALS
  • TABLE 212 SYNGENTA CROP: EXPANSIONS
  • TABLE 213 SUMITOMO CHEMICAL CO., LTD: BUSINESS OVERVIEW
  • TABLE 214 SUMITOMO CHEMICAL CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 215 SUMITOMO CHEMICAL CO., LTD: DEALS
  • TABLE 216 SUMITOMO CHEMICAL CO., LTD: EXPANSIONS
  • TABLE 217 RALLIS INDIA LIMITED: COMPANY OVERVIEW
  • TABLE 218 RALLIS INDIA LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 219 COROMANDEL INTERNATIONAL LIMITED: COMPANY OVERVIEW
  • TABLE 220 COROMANDEL INTERNATIONAL LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 221 COROMANDEL INTERNATIONAL LIMITED: EXPANSIONS
  • TABLE 222 NUFARM: COMPANY OVERVIEW
  • TABLE 223 NUFARM: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 224 NUFARM: PRODUCT LAUNCHES
  • TABLE 225 PI INDUSTRIES: COMPANY OVERVIEW
  • TABLE 226 PI INDUSTRIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 227 T.STANES AND COMPANY LIMITED: COMPANY OVERVIEW
  • TABLE 228 T.STANES AND COMPANY LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 229 GOWAN COMPANY: COMPANY OVERVIEW
  • TABLE 230 GOWAN COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 231 GOWAN COMPANY: DEALS
  • 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
  • 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
  • TABLE 239 KOPPERT: COMPANY OVERVIEW
  • TABLE 240 KOPPERT: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 241 KOPPERT: DEALS
  • TABLE 242 KOPPERT: EXPANSIONS
  • TABLE 243 BAYER AG: BUSINESS OVERVIEW
  • TABLE 244 BAYER AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 245 BAYER AG: DEALS
  • 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
  • TABLE 249 AGRITECNO BIOSTIMULANTS AND PLANT NUTRITION: COMPANY OVERVIEW
  • TABLE 250 AGRITECNO BIOSTIMULANTS AND PLANT NUTRITION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 251 AXEB BIOTECH SL: COMPANY OVERVIEW
  • TABLE 252 AXEB BIOTECH SL: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 253 MAFA BIOSCIENCE: COMPANY OVERVIEW
  • TABLE 254 MAFA BIOSCIENCE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 255 DEVI CROPSCIENCE: COMPANY OVERVIEW
  • TABLE 256 DEVI CROPSCIENCE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 257 LAWRIECO: COMPANY OVERVIEW
  • TABLE 258 OMEX: COMPANY OVERVIEW
  • TABLE 259 AMINOCORE: COMPANY OVERVIEW
  • TABLE 260 BIOSTADT: COMPANY OVERVIEW
  • TABLE 261 SEIPASA, S.A.: COMPANY OVERVIEW
  • TABLE 262 ADJACENT MARKETS
  • 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 SEGMENTATION, BY REGION
  • FIGURE 3 STUDY YEARS CONSIDERED
  • FIGURE 4 BIOSTIMULANTS MARKET: RESEARCH DESIGN
  • FIGURE 5 KEY DATA FROM SECONDARY SOURCES
  • FIGURE 6 KEY DATA FROM PRIMARY SOURCES
  • FIGURE 7 INSIGHTS FROM INDUSTRY EXPERTS
  • FIGURE 8 BREAKDOWN OF PRIMARIES, BY COMPANY TYPE, DESIGNATION, AND REGION
  • FIGURE 9 BIOSTIMULANTS MARKET: DEMAND-SIDE CALCULATION
  • FIGURE 10 BIOSTIMULANTS MARKET SIZE ESTIMATION STEPS AND RESPECTIVE SOURCES: SUPPLY SIDE
  • FIGURE 11 SUPPLY-SIDE ANALYSIS: BIOSTIMULANTS MARKET
  • FIGURE 12 DATA TRIANGULATION METHODOLOGY
  • 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
  • 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
  • FIGURE 23 RISE IN DEMAND FOR ORGANIC FOOD AND AGRICULTURAL PRACTICES AND GOVERNMENT INITIATIVES & INCENTIVES TO DRIVE GROWTH FOR BIOSTIMULANTS
  • FIGURE 24 SEAWEED EXTRACTS SEGMENT AND SPAIN TO ACCOUNT FOR LARGEST SHARE IN EUROPEAN BIOSTIMULANTS MARKET IN 2024
  • FIGURE 25 US TO ACCOUNT FOR LARGEST SHARE (BY VALUE) IN 2024
  • FIGURE 26 SEAWEED EXTRACTS SEGMENT TO OCCUPY LARGEST MARKET ACROSS REGIONS DURING FORECAST PERIOD
  • FIGURE 27 FRUITS & VEGETABLES SEGMENT TO DOMINATE MARKET DURING REVIEW PERIOD
  • FIGURE 28 LIQUID SEGMENT TO ACCOUNT FOR LARGER MARKET ACROSS REGIONS DURING STUDY PERIOD
  • FIGURE 29 FOLIAR TREATMENT TO DOMINATE MARKET ACROSS REGIONS DURING FORECAST PERIOD
  • FIGURE 30 TOP TEN COUNTRIES WITH ORGANIC AGRICULTURAL LAND, 2022 (MILLION HECTARES)
  • FIGURE 31 US: ORGANIC FOOD SALES, 2013–2022 (USD MILLION)
  • FIGURE 32 BIOSTIMULANTS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
  • FIGURE 33 TOP 10 EXPORTERS OF SEAWEED, 2021 (USD MILLION)
  • FIGURE 34 PRODUCTION OF PRIMARY CROPS, BY COMMODITY GROUP, 2000–2021 (BILLION TONNES)
  • FIGURE 35 BIOSTIMULANTS MARKET: SUPPLY CHAIN ANALYSIS
  • FIGURE 36 BIOSTIMULANTS MARKET: VALUE CHAIN ANALYSIS
  • FIGURE 37 BIOSTIMULANTS MARKET: ECOSYSTEM
  • FIGURE 38 KEY STAKEHOLDERS IN BIOSTIMULANTS MARKET ECOSYSTEM
  • FIGURE 39 BIOSTIMULANTS MARKET: TRENDS/DISRUPTING IMPACTING CUSTOMER’S BUSINESS
  • FIGURE 40 PATENTS GRANTED FOR BIOSTIMULANTS MARKET, 2014–2024
  • FIGURE 41 REGIONAL ANALYSIS OF PATENT GRANTED FOR BIOSTIMULANTS MARKET, 2014–2024
  • FIGURE 42 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE MODES OF APPLICATION
  • FIGURE 43 KEY BUYING CRITERIA FOR TOP THREE MODES OF APPLICATION
  • FIGURE 44 INVESTMENT & FUNDING SCENARIO OF THREE KEY PLAYERS, 2024 (USD THOUSAND)
  • FIGURE 45 BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2024 VS. 2029 (USD MILLION)
  • FIGURE 46 BIOSTIMULANTS MARKET, BY CROP TYPE, 2024 VS. 2029 (USD MILLION)
  • FIGURE 47 BIOSTIMULANTS MARKET, BY MODE OF APPLICATION, 2024 VS. 2029 (USD MILLION)
  • FIGURE 48 BIOSTIMULANTS MARKET, BY FORM, 2024 VS. 2029 (USD MILLION)
  • FIGURE 49 INDIA TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 50 NORTH AMERICA: RECESSION IMPACT ANALYSIS, 2024
  • FIGURE 51 EUROPE: REGIONAL SNAPSHOT
  • FIGURE 52 EUROPE: RECESSION IMPACT ANALYSIS, 2024
  • FIGURE 53 ASIA PACIFIC: REGIONAL SNAPSHOT
  • FIGURE 54 ASIA PACIFIC: RECESSION IMPACT ANALYSIS, 2024
  • FIGURE 55 SOUTH AMERICA: RECESSION IMPACT ANALYSIS, 2024
  • FIGURE 56 ROW: RECESSION IMPACT ANALYSIS, 2024
  • FIGURE 57 COMPANY VALUATION OF FEW KEY PLAYERS, 2024 (USD BILLION)
  • FIGURE 58 EV/EBITDA OF KEY COMPANIES
  • FIGURE 59 BRAND/PRODUCT ANALYSIS, BY BIOSTIMULANTS KEY BRANDS
  • FIGURE 60 SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS, 2021–2023 (USD BILLION)
  • FIGURE 61 BIOSTIMULANTS MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
  • FIGURE 62 OVERALL COMPANY FOOTPRINT, 2023
  • FIGURE 63 BIOSTIMULANTS MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023
  • FIGURE 64 BASF SE: COMPANY SNAPSHOT
  • FIGURE 65 UPL: COMPANY SNAPSHOT
  • FIGURE 66 FMC CORPORATION: COMPANY SNAPSHOT
  • FIGURE 67 CORTEVA AGRISCIENCE: COMPANY SNAPSHOT
  • FIGURE 68 SYNGENTA GROUP: COMPANY SNAPSHOT
  • FIGURE 69 SUMITOMO CHEMICAL CO., LTD: COMPANY SNAPSHOT
  • FIGURE 70 RALLIS INDIA LIMITED: COMPANY SNAPSHOT
  • FIGURE 71 COROMANDEL INTERNATIONAL LIMITED: COMPANY SNAPSHOT
  • FIGURE 72 NUFARM: COMPANY SNAPSHOT
  • FIGURE 73 PI INDUSTRIES: COMPANY SNAPSHOT
  • FIGURE 74 T.STANES AND COMPANY LIMITED: COMPANY SNAPSHOT
  • FIGURE 75 BAYER AG: 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:

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)

Previous Versions of this Report

Biostimulants Market by Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Flowers & Ornamentals), Active Ingredients (Humic Substances, Seaweed Extracts), Form (Dry, Liquid), Mode of Application and Region - Global Forecast to 2028

Report Code AGI 2920
Published in Nov, 2023, By MarketsandMarkets™

Biostimulants Market by Active Ingredient (Humic Substances, Amino Acids, Seaweed Extracts, and Microbial Amendments), Mode of Application (Foliar, Soil Treatment, and Seed Treatment), Form (Liquid and Dry), Crop Type and Region - Global Forecast to 2027

Report Code AGI 2920
Published in Dec, 2022, By MarketsandMarkets™

Biostimulants Market by Active Ingredients (Humic substances, seaweed extracts, microbial amendments, amino acids), Mode of Application (Folier, soil treatment, seed treatment), Form (Liquid, and dry), Crop type, & Region - Global Forecast to 2026

Report Code AGI 2920
Published in Oct, 2021, By MarketsandMarkets™

Biostimulants Market by Active Ingredient (Humic Substances, Amino Acids, Seaweed Extracts, Microbial Amendments), Crop Type (Fruits & Vegetables, Cereals, Turf & Ornamentals), Application Method, Form, and Region – Global Forecast to 2025

Report Code AGI 2920
Published in Apr, 2019, By MarketsandMarkets™

Biostimulants Market by Active Ingredient (Humic Substances, Seaweed, Microbials, Trace Minerals, Vitamins & Amino Acids), Crop Type (Row Crops, Fruits & Vegetables, Turf & Ornamentals), Formulation, Application Method, and Region - Global Forecast to 2022

Report Code AGI 2920
Published in Oct, 2017, By MarketsandMarkets™

Biostimulants Market by Active Ingredient (Humic acids, Fulvic Acids, Seaweed, Microbials, Trace Minerals, Vitamins, and Amino acids), by Application Method (Foliar, Soil, and Seed), by Crop Type & Region - Global Trends & Forecasts to 2021

Report Code AGI 2920
Published in Jun, 2016, By MarketsandMarkets™

Biostimulants Market by Active Ingredient (Acid-Based & Extract Based), by Application Type (Foliar, Soil, & Seed), by Crop Type (Row Crops, Fruits & Vegetables, and Turf & Ornamentals) & by Region - Global Trends & Forecasts to 2019

Report Code AGI 2920
Published in Nov, 2014, By MarketsandMarkets™

Biostimulants Market by Active Ingredient (Acid-Based & Extract Based), by Application Type (Foliar, Soil, & Seed), by Crop Type (Row Crops, Fruits & Vegetables, and Turf & Ornamentals) & by Region - Global Trends & Forecasts to 2019

Report Code AGI 2920
Published in Jan, 2011, By MarketsandMarkets™

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