Biostimulants Market Analysis and Forecast to 2032:by Product Type (Acid-Based, Extract-Based, Others), by Crop Type (Row Crops and Cereals, Fruits and Vegetables, Turf and Ornamentals, and Other Crops), Application (Foliar Spray, Soil, Seed) and Region

The Biostimulants Market size was USD 3.2 Billion in 2022 and is anticipated to reach USD 6.2 Billion in 2032, growing at a rate of 6.8% from 2023 to 2032.

A biostimulant is a natural or synthetic substance that, when applied to seeds, plants, or soils, stimulates biological processes to enhance plant growth and development. Biostimulants are designed to improve plant health and productivity by stimulating plant growth and development processes such as photosynthesis, nutrient uptake, and water use efficiency. Biostimulants can be applied to seeds, leaves, or roots, and are typically used in conjunction with other agricultural inputs such as fertilizers and pesticides.

Key Trends

There are a few key trends in the Biostimulants technology. The first is the trend toward using natural products as biostimulants. This is because natural products are generally safer and more effective than synthetic chemicals. Additionally, natural products are often more sustainable and environmentally friendly.

The second trend is the development of new and more effective biostimulants. This is being driven by advances in science and technology, which are allowing researchers to develop more targeted and specific biostimulants. Additionally, the increasing availability of data and information is helping to improve the effectiveness of biostimulants.

The third trend is the increasing use of biostimulants in agriculture. This is due to the fact that biostimulants can improve crop yields, quality, and stress tolerance. Additionally, biostimulants can help to reduce the use of pesticides and other harmful chemicals in agriculture.

Overall, the trends in Biostimulants technology are toward using more natural products, developing more effective biostimulants, and increasing the use of biostimulants in agriculture.

Key Drivers

The global biostimulants market is expected to grow at a CAGR of 6.8% during the forecast period (2019-2024).

The key drivers of the market are:

1. Increasing demand for organic food: The global demand for organic food is increasing at a rapid pace. This is due to the growing awareness among consumers about the health benefits of organic food.

2. Stringent government regulations: The government regulations regarding the use of biostimulants are getting stricter. This is because of the growing concerns about the impact of biostimulants on the environment.

3. Increasing demand from the agriculture sector: The demand for biostimulants from the agriculture sector is increasing due to the growing need for crop yield enhancement and soil fertility improvement.

4. Technological advancements: The biostimulants market is witnessing continuous technological advancements. This is helping the manufacturers to develop new and improved products.

Restraints & Challenges

The key restraints and challenges in the biostimulants market are the lack of awareness about the benefits of biostimulants and the high cost of biostimulants.

Lack of awareness about the benefits of biostimulants is a major challenge for market growth. Biostimulants are not yet widely accepted by farmers and growers due to the lack of awareness about their benefits.

The high cost of biostimulants is another major challenge for market growth. Biostimulants are expensive as compared to other fertilizers and pesticides.

Market Segments:

The Biostimulants Market is segmented by product type, crop type, application and region. By product type the market is divided into acid-based, extract-based and others. Based on crop type it is segmented into row crops and cereals, fruits and vegetables, turf and ornamentals and other crops. On the basis of application it is bifurcated into foliar spray, soil and seed. Region-wise the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Market Players:

The Biostimulants Market includes players such as BASF SE, Biolchim S.p.A. , Biostadt india limited, Biovert S.L. , Hello Nature, Isagro S.p.A. , Koppert B.V. , Lallemand, Inc. , Novozymes A/S, and Valagro.

Biostimulants Market Report Coverage
  • The report offers a comprehensive quantitative as well as qualitative analysis of the current Biostimulants Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
  • The report also covers qualitative as well as quantitative analysis of Biostimulants Market in terms of revenue ($Million).
  • Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the Biostimulants Industry.
  • A thorough analysis of market trends and restraints is provided.
  • By region as well as country market analysis is also presented in this report.
  • Analytical depiction of the Biostimulants Market along with the current trends and future estimations to depict imminent investment pockets. The overall Biostimulants industry opportunity is examined by understanding profitable trends to gain a stronger foothold.
  • Porter’s five forces analysis, SWOT analysis, Pricing Analysis, Case Studies, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Biostimulants Market are also analyzed.

Why GIS?

Table of Contents

Chapter 1. Market Introduction
1.1. Objectives of the Study
1.2. Market Definition and Research & Scope
1.3. Research Methodologies
1.4. Market Estimation Techniques

Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market

Chapter 3. Biostimulants Market Outlook
3.1. Biostimulants Market segmentation
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.1.1. Driver 1
3.2.1.2. Driver 2
3.2.1.3. Driver 3
3.2.2. Market Restraints
3.2.2.1. Restraint 1
3.2.2.2. Restraint 2
3.2.3. Market Opportunities
3.2.3.1. Opportunity 1
3.2.3.2. Opportunity 2
3.3. Porter’s Five Forces Analysis
3.3.1. Threat of New Entrants
3.3.2. Threat of Substitutes
3.3.3. Bargaining Power of Buyers
3.3.4. Bargaining Power of Supplier
3.3.5. Competitive Rivalry
3.4. PESTLE Analysis
3.5. Value Chain Analysis
3.5.1. Raw Material Suppliers
3.5.2. Manufacturers
3.5.3. Wholesalers and/or Retailers
3.6. Impact of the Russia and Ukraine War on the Biostimulants Market

Chapter 4. Economic Impact of COVID-19
4.1. Overall Impact of COVID-19
4.2. Impact of COVID On the Biostimulants Market
4.3. Economic Impact Analysis

Chapter 5. Biostimulants Market by Product Type
5.1. Market Overview
5.2. Acid-Based
5.2.1. Market Size and Forecast, 2022-2032 ($Million)
5.2.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
5.3. Extract-Based
5.3.1. Market Size and Forecast, 2022-2032 ($Million)
5.3.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
5.4. Others
5.4.1. Market Size and Forecast, 2022-2032 ($Million)
5.4.2. Market Size and Forecast, by Region, 2022-2032 ($Million)

Chapter 6. Biostimulants Market by Crop Type
6.1. Market Overview
6.2. Row Crops And Cereals
6.2.1. Market Size and Forecast, 2022-2032 ($Million)
6.2.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
6.3. Fruits And Vegetables
6.3.1. Market Size and Forecast, 2022-2032 ($Million)
6.3.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
6.4. Turf And Ornamentals
6.4.1. Market Size and Forecast, 2022-2032 ($Million)
6.4.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
6.5. Others Crops
6.5.1. Market Size and Forecast, 2022-2032 ($Million)
6.5.2. Market Size and Forecast, by Region, 2022-2032 ($Million)

Chapter 7. Biostimulants Market by Application
7.1. Market Overview
7.2. Foliar Spray
7.2.1. Market Size and Forecast, 2022-2032 ($Million)
7.2.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
7.3. Soil
7.3.1. Market Size and Forecast, 2022-2032 ($Million)
7.3.2. Market Size and Forecast, by Region, 2022-2032 ($Million)
7.4. Seed
7.4.1. Market Size and Forecast, 2022-2032 ($Million)
7.4.2. Market Size and Forecast, by Region, 2022-2032 ($Million)

Chapter 8. Biostimulants Market, by Region
8.1. Overview
8.2. North America
8.2.1. Key Market Trends and Opportunities
8.2.2. North America Biostimulants Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.2.3. North America Biostimulants Market Size and Forecast by Crop Type, 2022-2032, ($Million)
8.2.4. North America Biostimulants Market Size and Forecast by Application, 2022-2032, ($Million)
8.2.5. North America Biostimulants Market Size and Forecast by Country, 2022-2032, ($Million)
8.2.6. The U.S.
8.2.6.1. The U.S. Biostimulants Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.2.6.2. The U.S. Biostimulants Market Size and Forecast by Crop Type, 2022-2032, ($Million)
8.2.6.3. The U.S. Biostimulants Market Size and Forecast by Application, 2022-2032, ($Million)
8.2.7. Canada
8.2.7.1. Canada Biostimulants Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.2.7.2. Canada Biostimulants Market Size and Forecast by Crop Type, 2022-2032, ($Million)
8.2.7.3. Canada Biostimulants Market Size and Forecast by Application, 2022-2032, ($Million)
8.2.8. Mexico
8.2.8.1. Mexico Biostimulants Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.2.8.2. Mexico Biostimulants Market Size and Forecast by Crop Type, 2022-2032, ($Million)
8.2.8.3. Mexico Biostimulants Market Size and Forecast by Application, 2022-2032, ($Million)
8.3. Europe
8.3.1. Key Market Trends and Opportunities
8.3.2. Europe Biostimulants Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.3.3. Europe Biostimulants Market Size and Forecast by Crop Type, 2022-2032, ($Million)
8.3.4. Europe Biostimulants Market Size and Forecast by Application, 2022-2032, ($Million)
8.3.5. Europe Biostimulants Market Size and Forecast by Country, 2022-2032, ($Million)
8.3.6. Germany
8.3.6.1. Germany Biostimulants Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.3.6.2. Germany Biostimulants Market Size and Forecast by Crop Type, 2022-2032, ($Million)
8.3.6.3. Germany Biostimulants Market Size and Forecast by Application, 2022-2032, ($Million)
8.3.7. France
8.3.7.1. France Biostimulants Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.3.7.2. France Biostimulants Market Size and Forecast by Crop Type, 2022-2032, ($Million)
8.3.7.3. France Biostimulants Market Size and Forecast by Application, 2022-2032, ($Million)
8.3.8. U.K.
8.3.8.1. U.K. Biostimulants Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.3.8.2. U.K. Biostimulants Market Size and Forecast by Crop Type, 2022-2032, ($Million)
8.3.8.3. U.K. Biostimulants Market Size and Forecast by Application, 2022-2032, ($Million)
8.3.9. Spain
8.3.9.1. Spain Biostimulants Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.3.9.2. Spain Biostimulants Market Size and Forecast by Crop Type, 2022-2032, ($Million)
8.3.9.3. Spain Biostimulants Market Size and Forecast by Application, 2022-2032, ($Million)
8.3.10. Italy
8.3.10.1. Italy Biostimulants Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.3.10.2. Italy Biostimulants Market Size and Forecast by Crop Type, 2022-2032, ($Million)
8.3.10.3. Italy Biostimulants Market Size and Forecast by Application, 2022-2032, ($Million)
8.3.11. Rest of Europe
8.3.11.1. Rest of Europe Biostimulants Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.3.11.2. Rest of Europe Biostimulants Market Size and Forecast by Crop Type, 2022-2032, ($Million)
8.3.11.3. Rest of Europe Biostimulants Market Size and Forecast by Application, 2022-2032, ($Million)
8.4. Asia-Pacific
8.4.1. Key Market Trends and Opportunities
8.4.2. Asia-Pacific Biostimulants Market Size and Forecast by Country, 2022-2032, ($Million)
8.4.3. Asia-Pacific Biostimulants Market Size and Forecast by Crop Type, 2022-2032, ($Million)
8.4.4. Asia-Pacific Biostimulants Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.4.5. Asia-Pacific Biostimulants Market Size and Forecast by Application, 2022-2032, ($Million)
8.4.6. China
8.4.6.1. China Biostimulants Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.4.6.2. China Biostimulants Market Size and Forecast by Crop Type, 2022-2032, ($Million)
8.4.6.3. China Biostimulants Market Size and Forecast by Application, 2022-2032, ($Million)
8.4.7. India
8.4.7.1. India Biostimulants Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.4.7.2. India Biostimulants Market Size and Forecast by Crop Type, 2022-2032, ($Million)
8.4.7.3. India Biostimulants Market Size and Forecast by Application, 2022-2032, ($Million)
8.4.8. Japan
8.4.8.1. Japan Biostimulants Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.4.8.2. Japan Biostimulants Market Size and Forecast by Crop Type, 2022-2032, ($Million)
8.4.8.3. Japan Biostimulants Market Size and Forecast by Application, 2022-2032, ($Million)
8.4.9. South Korea
8.4.9.1. South Korea Biostimulants Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.4.9.2. South Korea Biostimulants Market Size and Forecast by Crop Type, 2022-2032, ($Million)
8.4.9.3. South Korea Biostimulants Market Size and Forecast by Application, 2022-2032, ($Million)
8.4.10. Rest of APAC
8.4.10.1. Rest of APAC Biostimulants Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.4.10.2. Rest of APAC Biostimulants Market Size and Forecast by Crop Type, 2022-2032, ($Million)
8.4.10.3. Rest of APAC Biostimulants Market Size and Forecast by Application, 2022-2032, ($Million)
8.5. Rest of the World
8.5.1. Key Market Trends and Opportunities
8.5.2. Rest of the World Biostimulants Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.5.3. Rest of the World Biostimulants Market Size and Forecast by Crop Type, 2022-2032, ($Million)
8.5.4. Rest of the World Biostimulants Market Size and Forecast by Application, 2022-2032, ($Million)
8.5.5. Rest of the World Biostimulants Market Size and Forecast by Country, 2022-2032, ($Million)
8.5.6. Latin America
8.5.6.1. Latin America Biostimulants Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.5.6.2. Latin America Biostimulants Market Size and Forecast by Crop Type, 2022-2032, ($Million)
8.5.6.3. Latin America Biostimulants Market Size and Forecast by Application, 2022-2032, ($Million)
8.5.7. Middle East
8.5.7.1. Middle East Biostimulants Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.5.7.2. Middle East Biostimulants Market Size and Forecast by Crop Type, 2022-2032, ($Million)
8.5.7.3. Middle East Biostimulants Market Size and Forecast by Application, 2022-2032, ($Million)
8.5.8. Africa
8.5.8.1. Africa Biostimulants Market Size and Forecast by Product Type, 2022-2032, ($Million)
8.5.8.2. Africa Biostimulants Market Size and Forecast by Crop Type, 2022-2032, ($Million)
8.5.8.3. Africa Biostimulants Market Size and Forecast by Application, 2022-2032, ($Million)
8.5.8.4.
Chapter 9. Competitive Landscape
9.1. Market Overview
9.2. Market Share Analysis/Key Player Positioning
9.3. Developmental Strategy Benchmarking
9.3.1. New Product Development
9.3.2. Product Launches
9.3.3. Business Expansions
9.3.4. Partnerships, Joint Ventures, and Collaborations
9.3.5. Mergers and Acquisitions

Chapter 10. Company Profiles
10.1. BASF SE
10.1.1. Company Snapshot
10.1.2. Financial Performance
10.1.3. Product Offerings
10.1.4. Key Strategic Initiatives
10.1.5. SWOT Analysis
10.2. Biolchim S.p.A.
10.2.1. Company Snapshot
10.2.2. Financial Performance
10.2.3. Product offerings
10.2.4. Key Strategic Initiatives
10.2.5. SWOT Analysis
10.3. Biostadt India limited
10.3.1. Company Snapshot
10.3.2. Financial Performance
10.3.3. Product offerings
10.3.4. Key Strategic Initiatives
10.3.5. SWOT Analysis
10.4. Biovert S.L.
10.4.1. Company Snapshot
10.4.2. Financial Performance
10.4.3. Product offerings
10.4.4. Key Strategic Initiatives
10.4.5. SWOT Analysis
10.5. Hello Nature
10.5.1. Company Snapshot
10.5.2. Financial Performance
10.5.3. Product offerings
10.5.4. Key Strategic Initiatives
10.5.5. SWOT Analysis
10.6. Isagro S.p.A.
10.6.1. Company Snapshot
10.6.2. Financial Performance
10.6.3. Product offerings
10.6.4. Key Strategic Initiatives
10.6.5. SWOT Analysis
10.7. Koppert B.V.
10.7.1. Company Snapshot
10.7.2. Financial Performance
10.7.3. Product offerings
10.7.4. Key Strategic Initiatives
10.7.5. SWOT Analysis
10.8. Lallemand, Inc.
10.8.1. Company Snapshot
10.8.2. Financial Performance
10.8.3. Product offerings
10.8.4. Key Strategic Initiatives
10.8.5. SWOT Analysis
10.9. Novozymes A/S
10.9.1. Company Snapshot
10.9.2. Financial Performance
10.9.3. Product offerings
10.9.4. Key Strategic Initiatives
10.9.5. SWOT Analysis
10.10. Valagro
10.10.1. Company Snapshot
10.10.2. Financial Performance
10.10.3. Product offerings
10.10.4. Key Strategic Initiatives
10.10.5. SWOT Analysis

*The list of company is subject to change during the final compilation of the report
Key Market Players:
  • BASF SE
  • Biolchim S.p.A.
  • Biostadt India limited
  • Biovert S.L.
  • Hello Nature
  • Isagro S.p.A.
  • Koppert B.V.
  • Lallemand, Inc.
  • Novozymes A/S
  • Valagro
Market Segments:

By Product Type

  • Acid-Based
  • Extract-Based
  • Others

By Crop Type

  • Row Crops And Cereals
  • Fruits And Vegetables
  • Turf And Ornamentals
  • Other Crops

By Application

  • Foliar Spray
  • Soil
  • Seed

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • The U.K.
    • Germany
    • France
    • Spain
    • Italy
    • Netherlands
    • Sweden
    • Switzerland
    • Denmark
    • Finland
    • Russia
    • Rest of Europe
  • The Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Singapore
    • Indonesia
    • Taiwan
    • Malaysia
    • Rest of Asia-Pacific
  • Rest of the World
    • Latin America
    • The Middle East
    • Africa

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