Top Biostimulants Companies

The biostimulants market is estimated at USD 4.46 billion in 2025 and is projected to reach USD 7.84 billion by 2030, at a CAGR of 11.9% from 2025 to 2030. The biostimulants market is driven by the growing demand for sustainable agricultural practices aimed at enhancing crop productivity while minimizing environmental impact. Increasing concerns over soil degradation, climate change, and the harmful effects of chemical fertilizers and pesticides have accelerated the adoption of biostimulants as eco-friendly alternatives. Additionally, rising consumer preference for organic and residue-free agricultural products, advancements in microbial and seaweed-based biostimulant formulations, and expanding applications across various crops, including herbaceous field crops, are fueling market growth.

Some of the major players in the biostimulants market with significant global presence include UPL (India), Syngenta Group (Switzerland), Corteva (US), Sumitomo Chemical Co., Ltd. (Japan), and FMC Corporation (US). These players have incorporated various organic and inorganic growth strategies, including collaborations, acquisitions, product launches, partnerships, agreements, and expansions to strengthen their international footprint and capture a greater share of the hardware security modules market. These organic and inorganic strategies have allowed the market players to expand themselves across geographies by offering biostimulants.

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In January 2023, Syngenta Canada launched YieldON, a liquid foliar biostimulant designed to boost productivity in corn, wheat, and other row crops. The product features a unique blend of naturally derived ingredients that enhance the plant's uptake and transportation of sugars.

In May 2022, UPL announced a strategic partnership with Kimitec's MAAVI Innovation Center, marking a significant milestone in the North American biostimulants market. This collaboration strengthened UPL's position as a leading market player by expanding its product portfolio and capabilities to address growers' challenges. The partnership also aligned with the rising demand for sustainable agricultural practices, offering innovative solutions to enhance crop productivity and resilience.

UPL (India)

UPL provides comprehensive crop solutions to ensure food security, operating in over 138 countries with 48 manufacturing facilities. Through its Natural Plant Protection (NPP) division, UPL is a leading global player in sustainable agricultural BioSolutions, actively driving growth in the biostimulants market. NPP operates nine manufacturing sites, six R&D laboratories, and seven experimental stations worldwide, delivering innovative solutions to enhance crop health and productivity. By leveraging UPL's expansive OpenAg Network, NPP offers tailored solutions to farmers across 138 countries, addressing key agricultural challenges. Its extensive portfolio of BioSolutions, including biostimulants, has gained significant popularity among growers worldwide, providing effective crop stimulation, nutrition, and protection. NPP's ongoing expansion highlights UPL's dedication to advancing sustainable agriculture through natural, science-driven technologies.

Syngenta Group (Switzerland)

Syngenta Group is a leading global player in the crop protection industry, with operations spanning 150 subsidiaries worldwide. As one of the largest agricultural technology companies, Syngenta Group has a rich heritage of over 250 years. With approximately 60,000 employees across more than 100 countries, the company is committed to transforming agriculture through science-driven innovations aimed at enhancing productivity, improving food quality, combating climate change, and promoting environmental restoration. Syngenta offers biostimulant products through its Syngenta Biologicals division, established in 2023 following its merger with Valagro, a company renowned for biostimulants and specialty nutrients acquired in 2020.

Market Ranking

The biostimulants market is highly competitive, with five leading players collectively holding 25-30% of the total market share. UPL has strengthened its position in the biostimulants market through strategic partnerships, notably collaborating with Kimitec's MAAVI Innovation Center to gain access to advanced biotechnology solutions and broaden its product portfolio. Syngenta leverages Valagro's proprietary technology platform, GeaPower, which combines expertise in chemistry, formulation development, microbiology, plant science, and omic sciences to develop and commercialize seaweed-based biostimulants. Sumitomo Chemical has expanded its agricultural biologicals capabilities, including biostimulants, through the acquisition of FBSciences, enhancing its product offerings and market presence. The remaining 70-75% of the market is shared among other regional and emerging vendors, contributing to extensive fragmentation and offering opportunities for smaller players to establish a footprint. Market competition is driven by a rise in sustainable agriculture, increasing demand for organic products, and the development of new biostimulant products.

Related Reports:

Biostimulants Market by Active Ingredients (Humic Substances, Seaweed Extracts, Amino Acids, Minerals & Vitamins), Crop Type, Mode of Application (Foliar treatment, Soil treatment, Seed treatment), Form, and Region - Global Forecast to 2030

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