#Biostimulants Market 2021
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Microalgae Fertilizers Market Rising Trends and Research Outlook 2022-2030
The latest market report published by Credence Research, Inc. “Global Microalgae Fertilizers Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028. The Global Microalgae Fertilizers market is expected to witness a CAGR of 9.75% during the forecast period. The revenue generated by the global Microalgae Fertilizers market in 2021 was over USD 11.33 million and is expected to generate revenue worth USD 22.28 million in 2028. Therefore, the incremental growth opportunity offered by the global Microalgae Fertilizers is estimated to be USD 120.3 million between 2022 and 2028.
Microalgae Fertilizers Market Major Challenges revolve around several key factors that pose significant obstacles for the industry's growth and adoption. Firstly, there is a lack of awareness among potential consumers about the benefits and efficacy of microalgae-based fertilizers compared to traditional chemical alternatives. This results in limited demand, as farmers tend to stick with familiar products rather than exploring new options. Additionally, the production and cultivation processes involved in microalgae fertilizers often require specialized knowledge and infrastructure, making it difficult for small-scale farmers or developing regions to access these innovative solutions. Moreover, scaling up production to meet market demands remains a challenge due to high costs associated with large-scale cultivation systems and extraction technologies. Furthermore, regulatory frameworks often lag behind technological advancements in this field, creating uncertainties regarding approvals and licensing procedures for microalgae fertilizer products.
Unearthing the Potential of the Microalgae Fertilizers Market in North America
With a focus on sustainable agriculture and increasing demand for organic products, the North American Microalgae Fertilizers Market is witnessing impressive growth. The U.S. has secured a commanding position, holding over 84% of the market share in 2022, with projections showing its dominance stretching until 2030. The fertile grounds of Canada and Mexico aren't far behind, demonstrating remarkable growth rates in the microalgae fertilizers landscape.
Microalgae Fertilizers: The Green Gold of Sustainable Agriculture
Microalgae fertilizers, the unseen heroes of the fertilization market, are the organic answer to the environmental impact caused by conventional chemical fertilizers. These microscopic phytoplanktons, prevalent in marine and freshwater bodies, have a substantial role in enriching the soil with essential nutrients. Their vast potential has catapulted the microalgae fertilizers market valuation to a prospective US$ 22 million.
Sustainable Farming: Breathing Life into the Microalgae Fertilizers Market
Farming trends are changing, focusing more on sustainable and eco-friendly practices. Microalgae fertilizers align seamlessly with these evolving patterns, providing a beneficial counterpoint to the problems caused by inorganic fertilizers. The rise in the microalgae fertilizer market is intricately linked to these global trends, with technology advancement adding fuel to the growth fire.
The Mighty U.S. in the Microalgae Fertilizers Market
The U.S. has emerged as a leader in the North American Microalgae Fertilizers Market, dominating over 84% of the market share. This lead is attributed to an increasing awareness of the environmental impacts of traditional fertilizers and a rising demand for organic products. Government initiatives promoting sustainable agricultural practices further bolster this market.
Browse 210 pages report Microalgae Fertilizers Market by Species (Spirulina, Chlorella, Dunaliella, Schizochytrium, Euglena, NannochloropsisNostoc, Others) by Source (Marine water, Fresh Water) by Application (Biofertilizers, Biocontrole, Soil microalgae, Biostimulants, Soil Conditioner, Others) - Growth, Future Prospects & Competitive Analysis, 2016 – 2030)- https://www.credenceresearch.com/report/microalgae-fertilizers-market
Spirulina: The Spiraling Demand
With the diversity of microalgae species such as Spirulina, Chlorella, Dunaliella, Schizochytrium, Euglena, Nannochloropsis, Nostoc, and others, Spirulina claims the crown. Holding over 35% of the total revenue generated in 2021, Spirulina's use in microalgae fertilizers signifies its pivotal role in the market. Biocontrole, Soil microalgae, Biostimulants, and Soil conditioners contribute to its major applications.
The Rise of Freshwater Microalgae Fertilizers
Freshwater microalgae fertilizers dominate the market with over 70% share in total revenue generation in 2021. With North America accounting for over 35% share in the same year, it's clear the rising demand for organic products and growing awareness about health benefits contribute significantly to this lead.
The Key Players
Several significant players are shaping the global microalgae fertilizers market. These include Algaenergy, Algatec (Lusoamoreiras), Algatechnologies Ltd., Allmicroalgae, Cellana LLC, Cyanotech Corporation, Heliae Development, LLC, Viggi Agro Products, AlgEternal Technologies, LLC, and Tianjin Norland Biotech Co., Ltd. These organizations are propelling the microalgae fertilizers market forward with their innovative practices and commitment to sustainable agriculture.
In conclusion, the North American Microalgae Fertilizers Market is steadily expanding, aided by evolving farming practices, technological advancements, and a stronger focus on sustainability. As the green revolution continues to gain momentum, the microalgae fertilizers market is poised for significant growth in the years to come.
Why to Buy This Report-
The report provides a qualitative as well as quantitative analysis of the global Microalgae Fertilizers Market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, the base year- 2021, and the projection period 2022-2028.
The report includes information on the competitive landscape, such as how the market's top competitors operate at the global, regional, and country levels.
Major nations in each region with their import/export statistics
The global Microalgae Fertilizers Market report also includes the analysis of the market at a global, regional, and country-level along with key market trends, major players analysis, market growth strategies, and key application areas.
Browse Full Report: https://www.credenceresearch.com/report/microalgae-fertilizers-market
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Related Report: https://www.credenceresearch.com/report/automated-hydroponic-gardening-systems-market
Related Report: https://www.credenceresearch.com/report/smart-irrigation-systems-market
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Agriculture Seed Treatment Market Size, Trends, and Growth Forecast to 2025
Global Agriculture Seed Treatment Market: Trends, Insights, and Forecast
Introduction
The Agriculture Seed Treatment market plays a pivotal role in enhancing crop yield and improving the overall quality of agricultural produce. Seed treatment involves the application of chemical or biological agents to seeds before planting, ensuring protection against soil-borne diseases, pests, and environmental stress. This process not only enhances seed germination but also contributes to better plant growth, higher yields, and more efficient use of agricultural inputs. The increasing demand for sustainable farming practices, higher crop productivity, and the rise in integrated pest management practices are key drivers behind the growing demand for seed treatment solutions.
This report provides a comprehensive analysis of the global agriculture seed treatment market, offering insights into its current status, growth potential, and key market dynamics. It examines the market size (both value and volume), major players, product types, applications, and regional trends. Furthermore, it includes a detailed forecast for the period 2021 to 2027, offering valuable information for stakeholders to make informed decisions in this evolving market.
Get free sample copy @ https://www.statsandresearch.com/request-sample/24155-global-agriculture-seed-treatment-market
Market Overview
In 2020, the global Agriculture Seed Treatment market was valued at XX million US dollars and is expected to reach XX million US dollars by the end of 2027. The market is projected to grow at a CAGR (Compound Annual Growth Rate) of XX.X% between 2021 and 2027. Several factors contribute to this positive growth outlook, including the increasing adoption of sustainable farming practices, the rising demand for high-quality seeds, and the need for crop protection solutions that ensure better yield.
The global seed treatment industry is undergoing rapid innovation, driven by technological advancements and increased demand for eco-friendly and efficient solutions. Crop protection chemicals, such as fungicides, insecticides, and bactericides, play a critical role in enhancing seed health and protecting crops from various pathogens. Along with chemical products, there is a growing demand for biological seed treatments, including biostimulants and other organic solutions, which appeal to environmentally-conscious consumers and farmers.
The rise in global food demand, climate change concerns, and evolving agricultural practices have driven increased interest in seed treatment technologies. By improving seed vigor, offering pest resistance, and protecting seeds from diseases, these treatments are essential to ensuring food security and enhancing agricultural productivity worldwide.
Market Segmentation
The Agriculture Seed Treatment market can be segmented based on product type, application, and region. This segmentation provides a clearer understanding of the market dynamics, growth trends, and factors influencing the demand for seed treatment solutions.
By Product Type
Seed treatment products are available in different forms, including chemical and biological agents, each catering to specific needs in agriculture. The key product types are:
Chemical Products Chemical products dominate the agriculture seed treatment market, as they provide effective protection against a wide range of pests, diseases, and environmental stress. These include:
Fungicidal Products: Fungicides are commonly used to protect seeds from fungal diseases that can compromise germination and seedling development. Fungicides prevent diseases such as seed rot, smut, and rust, thus ensuring higher seedling emergence.
Antimicrobial Products: Antimicrobial treatments help protect seeds from bacterial and viral infections that may affect germination and plant health.
Insecticidal Products: Insecticides are used to protect seeds from insect pests that can damage the seeds or seedlings, particularly during early growth stages.
Market Demand: Chemical seed treatments are widely used by farmers due to their effectiveness, quick action, and ability to provide long-lasting protection. These treatments are particularly popular in regions with a high prevalence of pest and disease issues.
Biological Products The biological seed treatment segment is rapidly growing, as consumers and farmers alike become more environmentally conscious and seek sustainable agricultural practices. Biological treatments include:
Biostimulants: These include naturally derived substances like humic acids, seaweed extracts, and plant growth-promoting rhizobacteria, which enhance seed vigor and promote healthy plant growth.
Other Biological Agents: This category includes biological control agents such as beneficial fungi, bacteria, and nematodes, which protect seeds from diseases and pests while promoting overall plant health.
Market Demand: The demand for biological seed treatments is growing due to their eco-friendly nature, minimal impact on non-target organisms, and alignment with sustainable farming practices. These products are gaining traction as organic farming and biotechnological advances push for alternatives to chemical solutions.
By Application
The application of seed treatment varies depending on the type of crop being cultivated. Key application areas include:
Corn Corn is one of the most significant crops requiring seed treatment to protect against fungal diseases, pests, and environmental stress. The increasing demand for corn in food, animal feed, and biofuel production drives the need for high-quality, disease-resistant corn seed varieties.
Market Demand: The demand for corn seed treatments is primarily driven by the need to enhance yield and protect crops from common corn diseases and pests, ensuring better productivity and food security.
Soybean Soybean is another critical crop in the agriculture industry, and seed treatment plays a vital role in ensuring robust seedling growth. Soybean crops are susceptible to various diseases, including soybean rust, root rot, and pests such as the soybean cyst nematode.
Market Demand: As global soybean demand grows due to its use in animal feed, oil production, and as a protein source, the need for soybean seed treatment solutions to improve crop health is also increasing.
Wheat Wheat is a staple food crop globally, and seed treatment helps protect against diseases like wheat rust, smut, and Fusarium head blight, as well as insect pests that can damage seeds during germination.
Market Demand: Wheat seed treatment is essential to ensure healthy and high-quality crops, particularly in regions where wheat production is critical for food security.
Canola Canola seed treatment is growing in popularity, especially in regions like North America and Europe, where canola is a major oilseed crop. Seed treatments are used to protect canola seeds from diseases, pests, and environmental stressors, enhancing germination and crop yields.
Cotton Cotton seed treatment is crucial to protecting seeds from early-season diseases and insect pests. Cotton growers rely on seed treatment to ensure optimal seedling establishment and protect crops from fungal diseases and nematodes.
Others The "Others" category includes other crops such as rice, barley, and various vegetables, all of which benefit from seed treatment technologies to improve germination rates, yield, and resistance to pests and diseases.
Get full report @ https://www.statsandresearch.com/report/24155-global-agriculture-seed-treatment-market/
By Region
The global Agriculture Seed Treatment market is geographically diverse, with key regions including:
North America North America, particularly the United States, is a major consumer of agriculture seed treatments, driven by its large-scale crop production and technological advancements in seed treatment products. The demand for high-quality seed treatments is prevalent in major crop-producing states like Iowa, Illinois, and Nebraska.
Market Demand: The U.S. and Canada are leading markets for seed treatment, with a high focus on corn, soybean, wheat, and canola. The increasing adoption of sustainable farming practices in this region is also contributing to the growth of biological seed treatments.
Europe Europe is a significant market for seed treatments, especially in countries such as Germany, France, and the United Kingdom. The region has a high demand for both chemical and biological treatments due to the focus on sustainability, environmental safety, and crop protection.
Asia-Pacific The Asia-Pacific region, including China, India, and Australia, is witnessing rapid growth in the agriculture seed treatment market. China and India, with their large agricultural sectors, are key consumers of seed treatments, particularly for crops such as rice, soybean, and wheat.
Market Demand: The demand in Asia-Pacific is fueled by the increasing need for higher crop yields to meet the food demands of rapidly growing populations and the adoption of modern farming practices.
Central & South America Countries such as Brazil and Argentina are expanding their use of seed treatments to enhance crop yields, especially for soybeans, corn, and cotton. The region's growing focus on increasing agricultural productivity and meeting export demands is driving market growth.
Middle East & Africa The Middle East and Africa region, including countries like Saudi Arabia and South Africa, is increasingly adopting seed treatment solutions to improve crop production and food security. The demand for seed treatment products is rising in response to challenges such as drought, pests, and diseases.
Key Manufacturers
The Agriculture Seed Treatment market is driven by leading manufacturers who specialize in providing chemical and biological solutions for seed protection. Some of the prominent players in the market include:
BASF
Syngenta
Monsanto Company
Bayer CropScience
Platform Specialty Products
Nufarm
Advanced Biological Marketing
Bioworks
Chemtura Agrosolutions
DuPont
Novozymes
Plant Health Care
Sumitomo Chemicals
Wolf Trax
These companies are continuously innovating to meet the growing demand for effective, eco-friendly, and cost-efficient seed treatment solutions. They are also investing in research and development to introduce new formulations and biological treatments that cater to the evolving needs of farmers.
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Key Trends in Chilli Farming
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In this Issue
Celebrating a significant milestone, this edition commemorates five years of our Q-AgriPulse Chilli Panel syndicate research. Originating in 2019 with 1000 chilli farmers spanning 10 districts across India, our panel reached its five-year mark in Kharif 2023.
We extend our deepest gratitude to all our clients and partners whose unwavering support has fueled our journey. This newsletter serves as a heartfelt token of appreciation, offering insights into key trends observed among chilli farmers over the past five years.
Overview of the Chilli Market
India is the world’s largest producer, consumer and exporter of spices, the country produces about 75 of the 109 varieties and accounts for half of the global trading in spices.
Despite the COVID-19 pandemic, the export of spices from India in 2020-21 touched USD $4 billion mark attaining an all -time high, recording a 30% increase in volume, 23% increase in rupee terms and 17% in dollar terms compared to the previous year.
Chilli holds the lion’s share of spice export from India, amounting to $1.50 billion which accounts for about 34 per cent of India’s total spices exports during 2023-24. Andhra Pradesh was the largest producer of chillies in the fiscal year 2023 among other states across India. The production volume amounted to over 627 thousand metric tons that year. This was followed by Telangana and Madhya Pradesh. India produced about two million metric tons of chili during that year.
Key trends in the crop protection category
Kharif 2023 was a year which saw high incidence of all major sucking insects. However a drop was seen in lepidopteran pest incidence. Thrips, Black Thrips and Whitefly incidence was reported by over 90% of the chilli growers in the 50-130 DAT window.
Black thrips continues to be a concern for farmers with growers spending approx. INR 7500-8000/acre in a season for its control. Currently high value G30 molecules viz Broflanilide, Fluxametamide, Tolfenpyrad are majorly used. In addition, Cyantraniliprole, Spinetoram, Fipronil are also used.
Thrips continues to be a concern to the chilli growers. Molecules like Fipronil and its combination, Cyantraniliprole, Spinetoram, Monocrotophos, Broflanilide are commonly used. At present farmer is spending INR 5500-5800/acre on its control
Despite the rise in insect incidence, the overall insecticide applications declined, especially in Andhra Pradesh. Farmers, anticipating poor yields due to adverse weather conditions and high infestation levels, were reluctant to invest in crop protection, leading to reduced applications during the later stages of the season.
On an average growers are making 4 applications of Fungicides and AP saw a decline in fungicide usage, where major molecules Carbendazim +Mancozeb and combinations of Azoxystrobin saw a decline in PAT share. The per acre spend on fungicides is approx.is INR 2200-2600/-
PGR and Biostimulants saw an increase of 15% by application number. The key driver here being protection of the plant health or to prevent flower drop or better fruit quality which could be due to higher incidence of insects this year, especially Black thrips impacting the 80-130 DAT period.
The Economics Of Chilli Cultivation
Over the past five years, chilli farmers have observed a consistent uptrend in the cost of cultivating chilli, with overall expenditure registering a robust 5.4% CAGR
Chilli, once considered a cash crop, has not been profitable for growers in recent years. Over the past five years, profitability from chilli cultivation has generally declined, with the most significant drop occurring in 2021. The primary reasons for this decline include the emergence of the invasive pest “Black Thrip,” a rise in other insect infestations, and unseasonal rains. These factors have collectively reduced yields by 8-9% annually.
Kharif 2023 too, was tough for chilli growers. Unseasonal rains and high insect infestations reduced both yield and quality. As a result, prices fell by 10-15% due to lower demand from traders, who blamed the poor quality of the crop.
The data of cultivation costs collected over a 5 year period reveals that chilli growers are incrementally spending 7.5% higher each year on crop protection products.
Digitalization of Chilli farming
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The penetration (i.e. access to) of smartphones among chilli farmers has surged impressively, catapulting from 52% in 2019 to a remarkable 90% in 2023, reflecting an astounding 11. 6% CAGR.
AP and Telangana are the top 2 states with higher smartphone accessibility amongst chilli farmers.
Surge in usage for digital payment apps like Paytm, BHIM, Google Pay etc. and strong growth seen from 4% in 2019 to 49% in 2023.
If you found this newsletter helpful, feel free to share it with your colleagues and your broader network.
WHAT NEXT??
The detailed chilli report including Kharif 2023 data and past trends is now available. Read more to deep dive into pest incidence, brand shares and movements, detailed farmer ROI and profitability and more.
Companies mentioned in the report
Resource Link: https://qqri.com/2024/11/29/key-trends-in-chilli-farming/
#agriculture market research#agriculture market research companies#market research companies in india#agricultural market research companies in india
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Biostimulants Market Forecast to 2030 by Recent Trends and Regional Growth Overview
The global biostimulants market size is expected to reach USD 4.6 billion by 2030, as per the new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.4% from 2023 to 2030. This is attributable to surging consumption of the product in several end-use applications such as foliar, seed, and soil treatment. Foliar treatment held the largest market share in the global market on account of its vast adoption across the agricultural sector. The treatment is highly performance efficient on account of the direct application of the product onto the leaves of the plant. The application procedure is highly labor-intensive but also leads to the minimal wastage of biostimulant. Its extensive benefits over other application techniques have resulted in augmented demand for the product.
Synthetic fertilizer is presently used in large amounts in most regions for soil amendment. However, the growing focus on providing environmental sustainability, improving the soil, and crop yield as well as enhancing the overall productivity has caused a shift toward biobased solutions such as biostimulants. This is expected to have a positive impact on the market in the near future.
Gather more insights about the market drivers, restrains and growth of the Global Biostimulants Market
The organic food sector has witnessed significant growth over the past few years owing to the rising health concerns among consumers. Organic food contains all the necessary nutrients and does not contain unnecessary toxins that are harmful to human health.
The growing demand for organic food has contributed to the adoption of bio-based products by food & beverage producers in the U.S. According to the U.S. Department of Agriculture, organic food sales account for around 4% of the total U.S. food sales. According to The Food and Agriculture Organization of the United Nations, organic farming is practiced in around 187 countries and as of 2021, 72.3 million hectares of agricultural land was managed organically by around 3.1 million farmers.
Biostimulants Market Report Highlights
The seaweed extract biostimulants segment has a strong hold in the market with a highest growth rate of 8.1% over the forecast period. This growth is attributable to the presence of plant growth chemicals such as auxins, cytokinins, gibberellins carbohydrates, and various other nutritive metal elements such as aluminum, potassium, iron, nitrogen, and potassium
The row crops and cereals segment is growing significantly with a CAGR of 7.1% as they are highly lucrative, and are grown widely across the globe and include millets, corn, and barley
The seed treatment application segment is estimated to grow at highest rate of 8.6% in terms of revenue over the forecast period owing to its cost effectiveness as compared to other types of conventional techniques
Asia Pacific region is expected to witness the fastest growth rate of 9.6% in terms of revenue, from 2023 to 2030. This is attributable due to favorable government policies in agricultural sector to promote the use of biobased products and attract investments in the industry have created a wide scope for the growth of product demand in the region
The global market is fragmented in nature and consists of many small and medium-sized market players coupled with a few big players. The players face stiff competition from local players operating in developing regional markets. Europe is a major market for biostimulants industry
Browse through Grand View Research's Agrochemicals & Fertilizers Industry Research Reports.
Fertilizer Catalyst Market: The global fertilizer catalyst market size was estimated at USD 3.05 billion in 2024 and is projected to grow at a CAGR of 3.2% from 2025 to 2030.
Mulch Film Market: The global mulch film market size was valued at USD 4.31 billion in 2024 and is expected to expand at a CAGR of 10.7% from 2025 to 2030.
Biostimulants Market Segmentation
Grand View Research has segmented the global biostimulants market on the basis of active ingredients, crop type, application, and region:
Biostimulants Active Ingredient Outlook (Volume, Million Hectare; Revenue, USD Million, 2018 - 2030)
Acid Based
Seaweed Extract
Microbial
Others
Biostimulants Crop Type Outlook (Volume, Million Hectare; Revenue, USD Million, 2018 - 2030)
Row Crops & Cereals
Fruits & vegetables
Turf & Ornamentals
Others
Biostimulants Application Outlook (Volume, Million Hectare; Revenue, USD Million, 2018 - 2030)
Foliar Treatment
Soil Treatment
Seed Treatment
Biostimulants Regional Outlook (Volume, Million Hectare; Revenue, USD Million, 2018 - 2030)
North America
US
Europe
Germany
UK
Italy
Asia Pacific
China
India
Japan
Australia
Central & South America
Brazil
Middle East & Africa
Order a free sample PDF of the Biostimulants Market Intelligence Study, published by Grand View Research.
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Biostimulants Market Geographic Segmentation, Research by Regions and Analysis to 2030
The global biostimulants market size is expected to reach USD 4.6 billion by 2030, as per the new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 7.4% from 2023 to 2030. This is attributable to surging consumption of the product in several end-use applications such as foliar, seed, and soil treatment. Foliar treatment held the largest market share in the global market on account of its vast adoption across the agricultural sector. The treatment is highly performance efficient on account of the direct application of the product onto the leaves of the plant. The application procedure is highly labor-intensive but also leads to the minimal wastage of biostimulant. Its extensive benefits over other application techniques have resulted in augmented demand for the product.
Synthetic fertilizer is presently used in large amounts in most regions for soil amendment. However, the growing focus on providing environmental sustainability, improving the soil, and crop yield as well as enhancing the overall productivity has caused a shift toward biobased solutions such as biostimulants. This is expected to have a positive impact on the market in the near future.
Gather more insights about the market drivers, restrains and growth of the Global Biostimulants Market
The organic food sector has witnessed significant growth over the past few years owing to the rising health concerns among consumers. Organic food contains all the necessary nutrients and does not contain unnecessary toxins that are harmful to human health.
The growing demand for organic food has contributed to the adoption of bio-based products by food & beverage producers in the U.S. According to the U.S. Department of Agriculture, organic food sales account for around 4% of the total U.S. food sales. According to The Food and Agriculture Organization of the United Nations, organic farming is practiced in around 187 countries and as of 2021, 72.3 million hectares of agricultural land was managed organically by around 3.1 million farmers.
Biostimulants Market Report Highlights
The seaweed extract biostimulants segment has a strong hold in the market with a highest growth rate of 8.1% over the forecast period. This growth is attributable to the presence of plant growth chemicals such as auxins, cytokinins, gibberellins carbohydrates, and various other nutritive metal elements such as aluminum, potassium, iron, nitrogen, and potassium
The row crops and cereals segment is growing significantly with a CAGR of 7.1% as they are highly lucrative, and are grown widely across the globe and include millets, corn, and barley
The seed treatment application segment is estimated to grow at highest rate of 8.6% in terms of revenue over the forecast period owing to its cost effectiveness as compared to other types of conventional techniques
Asia Pacific region is expected to witness the fastest growth rate of 9.6% in terms of revenue, from 2023 to 2030. This is attributable due to favorable government policies in agricultural sector to promote the use of biobased products and attract investments in the industry have created a wide scope for the growth of product demand in the region
The global market is fragmented in nature and consists of many small and medium-sized market players coupled with a few big players. The players face stiff competition from local players operating in developing regional markets. Europe is a major market for biostimulants industry
Browse through Grand View Research's Agrochemicals & Fertilizers Industry Research Reports.
Fertilizer Catalyst Market: The global fertilizer catalyst market size was estimated at USD 3.05 billion in 2024 and is projected to grow at a CAGR of 3.2% from 2025 to 2030.
Mulch Film Market: The global mulch film market size was valued at USD 4.31 billion in 2024 and is expected to expand at a CAGR of 10.7% from 2025 to 2030.
Biostimulants Market Segmentation
Grand View Research has segmented the global biostimulants market on the basis of active ingredients, crop type, application, and region:
Biostimulants Active Ingredient Outlook (Volume, Million Hectare; Revenue, USD Million, 2018 - 2030)
Acid Based
Seaweed Extract
Microbial
Others
Biostimulants Crop Type Outlook (Volume, Million Hectare; Revenue, USD Million, 2018 - 2030)
Row Crops & Cereals
Fruits & vegetables
Turf & Ornamentals
Others
Biostimulants Application Outlook (Volume, Million Hectare; Revenue, USD Million, 2018 - 2030)
Foliar Treatment
Soil Treatment
Seed Treatment
Biostimulants Regional Outlook (Volume, Million Hectare; Revenue, USD Million, 2018 - 2030)
North America
US
Europe
Germany
UK
Italy
Asia Pacific
China
India
Japan
Australia
Central & South America
Brazil
Middle East & Africa
Order a free sample PDF of the Biostimulants Market Intelligence Study, published by Grand View Research.
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Brazil’s bioinputs market could reach $45bn by 2032
Government aims to boost bioinput use in agriculture as global demand surges, with soybeans, corn, and sugarcane leading the way
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The global bioinputs market could grow to $45 billion within the next eight years, with annual expansion projected at 13% to 14% through 2032. Leading this growth are key crops like soybeans, corn, and sugarcane, according to data shared Wednesday (6) at the Bioinputs Forum in Brasília, hosted by CropLife Brasil, which represents Brazil’s agricultural input sector.
In 2023, CropLife Brasil estimated the global market value for agricultural biological inputs—covering segments such as biological control, inoculants, biostimulants, and solubilizers—at between $13 billion and $15 billion.
During the first three quarters of this year, Brazil’s bioinputs industry saw a 6% sales increase, according to CropLife Brasil, although specific sales figures were not disclosed.
Data from the Center for Agribusiness Studies at Fundação Getulio Vargas (FGVAgro) indicate that the agricultural area in Brazil cultivated with bioinputs has grown by 50% between the 2021/22 and 2023/24 crop seasons. Brazil has the highest potential for bioinput usage in farming worldwide.
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Exploring the Agricultural Chemicals Market: Trends and Key Players
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Understanding the Agricultural Chemicals Market Landscape
Overview of Agricultural Chemicals
The Agricultural Chemicals Market encompasses a diverse range of products essential for modern farming practices, including fertilizers, pesticides, herbicides, and plant growth regulators. According to recent market research reports, the global agricultural chemicals market was valued at USD 219.5 billion in 2020, with a projected CAGR of 4.6% from 2021 to 2028.
Market Demand Dynamics
Driven by factors such as population growth, increasing food demand, and the need to enhance crop yields, the demand for agricultural chemicals remains robust. Modern agricultural techniques like precision farming and integrated pest management contribute to the growing adoption of chemical solutions.
Exploring Growth Opportunities
Projected Market Growth
Analysts forecast a promising outlook for the agricultural chemicals market, with a projected market size exceeding USD 300 billion by 2025. The Asia-Pacific region is anticipated to emerge as a key growth driver, propelled by technological advancements and sustainable agriculture practices.
Market Revenue Insights
In 2020, North America led the agricultural chemicals market in terms of revenue share, followed by Europe and Asia-Pacific. The market revenue is expected to witness further growth, fueled by investments in research and development and the expansion of distribution channels. The US market alone was estimated at USD 136.8 billion in 2022, marking a notable increase of 10.68% from the previous year.
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Identifying Market Trends
Emerging Trends in Agriculture Chemicals
Several trends are reshaping the agricultural chemicals market, including the increasing adoption of precision agriculture technologies, the rise of bio-based and environmentally friendly chemicals, and the growing demand for sustainable crop protection solutions.
Innovation and Technology Adoption
Market players are investing heavily in research and development to introduce innovative formulations and digital platforms. Biopesticides, biostimulants, and other eco-friendly solutions are gaining traction, aligning with consumer preferences for sustainable agricultural practices.
Assessing Key Players
Leading Agriculture Chemical Companies
The agriculture chemical industry is dominated by multinational corporations and regional players, each contributing to various market segments. Bayer CropScience, BASF SE, Syngenta AG, Corteva Agriscience, and The Mosaic Company are among the key players driving innovation and product development in the sector. These companies collectively accounted for a significant portion of the market share in 2020.
Conclusion: Embracing Sustainability for Future Growth
The Agricultural Chemicals Market plays a critical role in supporting global food production and promoting agricultural sustainability. By embracing innovation, investing in research and development, and adopting sustainable practices, stakeholders can navigate challenges and capitalize on opportunities in this dynamic industry landscape. As the market continues to evolve, collaboration and strategic partnerships will be essential for driving growth and addressing emerging needs in the agricultural sector.
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America’s Bio-Stimulants Market Is Gears Up For 13% Market CAGR Boost With Strategic Factors
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The US Bio-stimulants market has witnessed tremendous growth in the last few years and is all set to grow significantly between 2022 and 2029. The primary growth drivers of the market are increasing demand for sustainable agriculture, an upsurge in the demand for seaweed as a raw material, high agriculture production worldwide, and others.
STORY OUTLINE
The demand for bio-stimulants in the market decreased by 22% due to the disruption of the supply chain in 2020.
The country has a total consumption volume of 5.5 thousand metric tons of bio-stimulates which is one of the highest in the country.
84% of American adults believe that environmental sustainability is the need of the hour for agriculturists.
According to Ken Research, The Bio-stimulants market is growing at a significant growth rate in America as its helping agriculturalists match the growing demand for natural ingredients from consumers. The market is highly supported by the administration and has proven very beneficial for the farmers. The US Bio-stimulates market is the second biggest market North American bio-stimulates industry with a market share of 49%. The growth of Bio-stimulants is attracting huge investments in the agriculture sector.
1. Influence of COVID-19 on the US Bio-stimulants Market
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The pandemic affected adversely the overall growth of the US Bio-stimulants market as the industry faced a shutdown of manufacturing facilities and restrictions on transportation and logistics. Additionally, the demand for bio-stimulants in the market decreased by 22% due to the disruption of the supply chain in 2020.
During the Pandemic demand for healthy and organic food items grew significantly as the consumer’s interest shifted towards non-chemical food items. This sudden shift assisted the US bio-stimulants market to grow by 34% post-pandemic in 2021.
The role of government was also crucial during the pandemic for the US Bio stimulants market. The government promoted the uses and consumption of Bio-Stimulants by different means. The government supported the industry both financially and technically by providing them with the necessary
2. Current Scenario of the US Bio-stimulants Market
The US Bio-stimulants Market is dominating the global Bio-stimulants market and is estimated to grow at a CAGR of 13% between 2022-2029.
Among all the crop types bio-stimulants have the most impact on row crops. Row crops incorporate crops such as corn, rice, wheat, barley, and soybean leading the bio-stimulants market by covering 37% of the market.
On the contrary, horticultural crops are the fastest-growing crop type in the bio-stimulants market. The country has a total consumption volume of 5.5 thousand metric tons of bio-stimulates which is one of the highest in the world.
3. Growth drivers of the US Bio-stimulants Market
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The market is influenced by various factors affecting the market. Some of the major growth drivers of the market are sustainable agriculture, an upsurge in the demand for seaweed as raw material, high agriculture production worldwide, and others
Sustainable agriculture is one of the major reasons behind the growing demand for organic and chemical-free food among customers. 84% of American adults believe that environmental sustainability is the need of the hour for agriculturists. Bio-stimulants help farmers approach the sustainable way as they help in high crop productivity and soil fertility maintenance.
Growing demand for seaweeds in farming to enhance the crop’s productivity to improve the quality of the soil is another variable influencing the market for bio-stimulants. Bio-stimulants consist of different seaweed extracts as it is used in modern agriculture for getting better results from soils and plants.
Seaweed farming is the fastest-growing aquaculture in America. Farmers in Alaska alone grew about 11000 pounds of sugar, ribbon, and bull kelp in the year 2019.
4. Major Players of the US Bio-stimulants Market
Some of the major players in the US Bio-stimulants market are BioLine Corporation, Corteva Agriscience, Hello Nature USA Inc, Humic Growth Solutions, Valagro USA, BASF SE, UPL, Gowan Group, The Mosaic Company, ILSA S.p.A, Hafia Group, Rallis India Limited, UPL Australia, and FMC Corporation.
Recently, Plant Response Inc., an MNC fertilizer manufacturer, was acquired by The Mosaic Company, one of the market leaders. This acquisition aided the global business expansion of the Mosaic corporation. Additionally, this acquisition gave the business the ability to offer consumers sustainable products and solutions.
About GOActiv Technology, UPL Australia launched a new set of stimulant arrangements in June 2021. The method is entirely focused on encouraging natural products, vegetables, plants, and tree crops to respond to certain physiological or abiotic stimuli. This method is entirely dependent on an ocean growth concentration that is 100 per cent pure.
Conclusion
In conclusion, the US bio-stimulants market has illustrated exceptional development prospects, balanced for a significant CAGR of 13% between 2022 and 2029. This climb is moved by numerous components including an increased demand for sustainable agriculture, the surge in seaweed utilization as a crucial raw material, strong global agricultural production, and more. The COVID-19 widespread at first posed challenges through disturbances to supply chains, however, the market bounced back with a 34% development in 2021 due to increased requests for natural food. The back from the government and the market's significant part in advancing eco-friendly farming practices played a critical part in this resurgence. With a dominating impact on push crops and a burgeoning centre on horticultural crops, the US bio-stimulants showcase remains a significant player in forming the agricultural landscape.
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Biostimulants Market to Witness Unprecedented Growth in Coming Years
The global biostimulants market was valued at USD 3.5 billion in 2022 and is projected to reach USD 6.2 billion by 2027, growing at a cagr 11.8%from 2022 to 2027. Food and agricultural production systems worldwide are facing unprecedented challenges, from the increasing demand for food for a growing population, rising hunger and malnutrition, adverse climate change effects, overexploitation of natural resources, loss of biodiversity, and food loss and waste. These challenges can undermine the world’s capacity to meet its food needs now and in the future.
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Drivers: Increase in need for sustainable agriculture
A high level of hunger and malnutrition is one of the major challenges that the world is facing today. To meet the increasing demand for food from over 9 billion people by 2050, immense pressure on agriculture will be exerted to produce crops with a high-quality yield. Simultaneously, one-third of the total food production is wasted globally throughout the supply chain, incurring enormous environmental and financial costs.
Agricultural producers are required to identify possible ways to be more efficient and effective in the coming decade. Biostimulants can sustainably address this issue by providing protection against stress, thereby stimulating the plant’s growth. The market for biostimulants is expected to grow in the coming years due to the increasing consumer awareness about the benefits of organic foods, the implementation of organic regulations, and the adoption of GLOBALGAP (Global Good Agricultural Practices) policies. A large variety of crops, such as fruits & vegetables and cereals, have been gaining support for organic practices from government subsidies and financial aids as well as research assistance from organizations and regulatory bodies, such as FiBL (Research Institute of Organic Agriculture, Switzerland), and USDA (US).
Opportunities: Growing demands for seed treatment
According to MarketsandMarkets insights, there is a growing demand for biostimulant treated seeds globally. The production of high-quality and effective seeds is essential for obtaining a higher crop yield. Biostimulants facilitate an increase of seed vigor during the crucial growth phases, due to which they are being used globally for seed treatment purposes. In addition, many companies have already started exploring this segment with increased investments in R&D activities. The right combination of synthetic crop protection and biological-based seed treatments is proving to be useful. Cotton seedlings were the first to be treated on a large scale with biological solutions in the US in 1999; the industry has grown since. Seed treatment provides an efficient mechanism for enhancing the activity of seeds in the soil environment, where they are appropriately positioned to colonize seedlings and roots and protect them against soil-borne diseases and pests.
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Europe dominated the biostimulants industry and is projected to grow at a CAGR of 11.5% during the forecast period
Europe accounted for the largest share in the biostimulants market in 2021. An increase in land degradation, the need for quality parameters, and the need for high product yield have strengthened the European regulatory authorities demand for clean and sustainable input solutions. The concept of organic production has also gained popularity among farmers and consumers in the last decade. The need for organic products, such as biostimulants, has seen a rising trend in the EU. This has boosted various European biostimulant companies expanding their global network to reach the untapped market. The region has also launched the ‘European Green Deal’ initiative, which aims to expand the use of sustainable practices, such as precision agriculture, organic farming, agroecology, agroforestry, and stricter animal welfare standards. The new ‘Farm to Fork’ Strategy aims at reducing the environmental and climate footprint of the EU food system, strengthening its resilience, ensuring food security, facilitating the transition toward competitive sustainability from farm to fork, and making use of new business opportunities.
The key players in this market include BASF SE (Germany), UPL Limited (India), Adama Ltd. (Israel) and FMC Corporation (US).
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Amino Acid Based Biostimulants Market Size is Anticipated to Reach at a CAGR of 12.5% By 2029 ,Globally
The market is expected to grow in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 12.5% in the forecast period of 2022 to 2029 and is expected to reach USD 3,217,320.81 thousand by 2029 from USD 1,255,928.51 thousand in 2021. Rising demand for non-alcoholic drinks, including fruit juices and energy drinks, thus driving the…
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North America Medical Photobiostimulation System Market Advancements, Developments and Scope 2021
“The North America medical photo biostimulation system market is expected to reach US$ 139.6 million by 2028 from US$ 89.4 million in 2021. The market is estimated to grow at a CAGR of 6.6% from 2021 to 2028.”
The North America Medical Photobiostimulation System Market report is the most important research for those who look for all information about the market. The report covers all information about the regional markets, including historical and future trends for market dominance, size, trades, supply, competitors, and prices, as well as key vendor information across all the regions. Forecast market information, SWOT analysis, North America Medical Photobiostimulation System market scenario, and feasibility study are important aspects of this report.
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North America Medical Photobiostimulation System includes Market Analysis Report on Top Companies:
· BioLight Technologies LLC.
· Omega Laser Systems Ltd
· Vielight Inc.
· Theradome Inc .
· Lexington Intl., LLC
· THOR Photomedicine Ltd
· iRestore Hair Growth System
· Meditech International Inc. (BIOFLEX Laser Therapy)
· Apira Science, Inc. (iGrow Laser)
There is an increase in the number of patients suffering from chronic pain. According to the 2019 National Health Interview Survey (NHIS), the prevalence of chronic pain in US Adults was 20.4%, with high-impact chronic pain accounting for 7.4%. The incidence of chronic pain was the highest among people aged 65 and above (30.8%), non-Hispanic white adults (23.6%), and women (21.7%). High impact chronic pain was highest among people aged 65 and above (11.8%) and women (8.5%).
Regional Analysis of North America Medical Photobiostimulation System Market:
This section of the report identifies various key manufacturers in the market. It helps the reader understand the strategies and collaborations that players are focusing on combatting competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the regional revenue of manufacturers, during the forecast period.
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Significant Features that are under Offering and North America Medical Photobiostimulation System Market Highlights of the Reports:
– Detailed overview of the North America Medical Photobiostimulation System Market
– Changes in industry market dynamics
– Detailed market segmentation by type, application, etc.
– Historical, current, and projected market size in terms of quantity and value
– Recent industry trends and developments
– Competition situation in North America Medical Photobiostimulation System Market
– Key companies and product strategies
– Potential niche segment/region showing promising growth.
Finally, the North America Medical Photobiostimulation System Market Report is the authoritative source for market research that can dramatically accelerate your business. The report shows economic conditions such as major locales, item values, profits, limits, generation, supply, requirements, market development rates, and numbers.
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Biostimulants Market Growth, COVID Impact, Trends Analysis Report Forecast to 2033
The market for biostimulants is predicted to be worth US$ 3.4 billion in 2023, and rise to US$ 9.6 billion by 2033. Demand is expected to increase at a CAGR of 10.8% over the projected period.
Due to their numerous potential applications and promising futures, biostimulants are employed in horticulture and agriculture. Growing demand for eco-friendly agricultural solutions in developing nations like China and India opens up a new market opportunity for biostimulants producers.
Since food security and public health are closely related, all parties participating in the agri-food sector have sought to enhance sustainable food production. The largest phytopharmaceutical companies in Asia Pacific and Europe have intensified their production and research activities for natural products.
Lack of restrictions related to the product's commercialization may impede the market's development and expansion during the projection period. Growth is constrained by a lack of confidence in new products, a shortage of information about high-quality products, and a lack of clear regulatory.
In the majority of markets, the data requirements for the product are often obtained from those produced from synthetic substances. Similarly, there are still no well-established endpoints for risk evaluations despite the fact that these products have been used in commerce for years.
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Key Strategies in the Industry
The main factor of the market's fragmentation is the growth of local players and regional marketplaces in various regions of the world. The two regions with the biggest market activity are North America and Europe.
UPL Limited, Biostadt India Limited, Isagro SPA, Valagro SpA, and Tradecorp International are a few of the leading businesses in the biostimulants market. For the purpose of expanding their businesses, these significant firms invest in new products, product improvement, expansions, and acquisitions.
Key segments
By Active Ingredient:
Acid-Based
Extract-Based
Others (including Microbial Amendment, Trace Minerals, etc.)
By Crop Type:
Row Crops
Fruits & Vegetables
Turfs & Ornamentals
Other Crop Types
By Application:
Foliar
Soil
Seed
Recent Developments
A new line of biostimulant solutions based on GoActiv Technology was launched by UPL Australia in June 2021. These products are intended to target particular crop physiological "pain points" or abiotic stresses in fruit and vegetable, vine, and tree crops.
Isagro Group acquired Phoenix Del in 2020 in order to increase the variety of copper-based fungicides and biostimulants it offers. The goal of this acquisition was to advance technology and transform the products in its "BioSolutions" section.
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Biostimulants Market Size, Share, trends 2021
The human population is increasing quickly and is anticipated to cross 9 billion by 2050. The current trend of agricultural food production is insufficient to support global food demand. It has been estimated that within the coming next 40 years the agricultural food production must be increased by 60%. These factors are expected drive the biostimulants market to coupled with increase in food production. The extensive uses of agrochemicals for fulfilling the global food requirement have degraded 25% of the productive agricultural land that results in arid and non-fertile soils. Increasing focus on enhancing productivity, along with rapid soil degradation, is expected to propel the biostimulants market over the forecast period.
Biostimulants are appearing as an essential component in a sustainable agricultural method. Furthermore, rapid globalization trends and modern industrialization have diminished the arable lands for agricultural purposes and call for intensifying agricultural production through sustainable routes.
Global Biostimulants Market: Overview
Biostimulant is any substance or microorganism used in agriculture with the purpose of improving nutrition efficiency, abiotic stress tolerance, and crop quality attributes, regardless of its nutrients content. Plant biostimulants also designate commercial products containing mixtures of such substances and/or microorganisms. These are multifunctional ecofriendly formulations by restricting the use of chemical fertilizer and playing important role in the improvement of fruit color, quality, seed setting, enhancing soil fertility, enhancing nutrient assimilation, and translocation. Microbial biostimulants like various species of PGPRs (Azotobacter, Azospirillum, and Rhizobium spp.) and fungal biostimulants like Trichoderma spp. and various endophytic fungi including mycorrhizal fungi have been considered as promising means not only to secure crop productivity under nutrient challenged conditions but also to avoid other environmental concerns.
The current trend of intensifying agricultural food production is the plentiful use of chemical fertilizers, agrochemicals, use of improved hybrids, seed varieties, resistant cultivars, or other technological innovations, such as improved irrigation methods, all of which have supported the increased food production to some extent.
Growth Drivers
Increasing need for sustainable agriculture
With rapidly changing climatic scenario, modern agriculture faces several challenges, including drought, soil salinity, depletion of mineral nutrients, temperature stress, and evolutionary pressure of pest and pathogens have affected the global productivity at the economic level. To enhance the agricultural production in a sustainable manner through the use of efficient agroecosystem, biostimulants can play a major role to for increase the productivity as well quality of agriculture products.
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Global Biostimulants Market: Active Ingredient
Based on Active Ingredient, the global Biostimulants market segmented into Acid Based, Seaweed Extracts, Microbial and Others. Acid-based biostimulants made the largest active ingredient segment in previous years. Products based on humic, fulvic, and amino acids are included in the acid-based segment. Amino acids are among major originators of phytohormones and help in activating the metabolic systems of plants and seed germination. They stimulate fruit setting, pollination, flowering, and fruit development in the plant. Humic substances are naturally occurring end-products emerging from the decomposition of microorganisms such as bacteria, fungi, and chemical degradation of animal and plant residues in soils.
Global Biostimulants Market: Application
Based on Application, the global Biostimulants market segmented into Foliar Treatment, Seed Treatment and Soil Treatment. Foliar treatment is expected the dominate the market during the forecast period whereas seed treatment is anticipated to show the highest revenue-based CAGR over the projected period. Seed treatment is among the most cost-effective treatments as compared to conventional spraying techniques. The treatment is highly efficient and does not much labor as compared to other treatments. This helps in reducing overall input costs.
Global Biostimulants Market: Regional Insights
Based on region, the global Biostimulants market segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Supportive regulations, along with the adoption of modern agricultural technology such as precision farming and plant biotechnology, and organic-based active ingredients, were the primary reason for the market growth.
Asia-Pacific region is expected to grow at a high CAGR during the forecast period due the agriculture driven economy of India, China and other Asian countries. As China and India have the largest populations in the world, the food supply demand is also large.
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Biostimulants Market Share, Competitor’s Analysis, Supply and Consumption 2020 Research Report Forecast To 2028
Biostimulants Market Share, Competitor’s Analysis, Supply and Consumption 2020 Research Report Forecast To 2028
The scope of our recent study on “Biostimulants Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product (Humic Substances, Amino Acids, Microbial Stimulants, Seaweed Extracts, and Others), Mode of Application (Foliar Spray, Seed Treatment, and Soil Application) and Crop Type (Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetables, Turf and Landscape, and Others), and…
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#2021 Biostimulants market#Biostimulants market#Biostimulants market Analysis#Biostimulants Market Forecast 2028#Global Biostimulants market
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Biostimulants Market Report | Global Forecast From 2022 To 2028
Global Biostimulants Market was valued at USD 3.15 Billion in 2021 and is projected to reach USD 6.75 billion by 2028, growing at a CAGR of 11.50% from 2022 to 2028.
Biostimulants are natural or synthetic products that can be utilized in seeds, plants, and soil to enhance the growth of the plant, by declining the need for fertilizers. These products are resistant to water, and abiotic stresses. In addition to this Biostimulants are used in plants to boost nutrition efficiency, abiotic stress tolerance, plant quality attributes, and nevertheless its nutrient contents. In the composition of Biostimulants, multiple numbers of active ingredients are used such as seaweed extract, humic acid, vitamins, and others. Moreover, from seed germination to plant maturity Biostimulants helps to enhance the plant growth and crop life cycle. These Biostimulants also assist in nutrient translocation, and absorption and improve soil fertility by improving the growth of interdependent soil microorganisms. The growing focus on rising crop production and improving their quality, and rising the use of Biostimulants in the agriculture sectors, these factors support increasing the demand for Biostimulants products in the market.
The Global Biostimulants Market study contains information on the global industry, as well as user data and numbers. The Global Market is examined in depth in this research report, including raw material suppliers, industry chain structures, and manufacturing. The Biostimulants Sales market investigates the market's most important segments. This insightful analysis includes historical data as well as a predicted timeframe. This report examines the whole value chain, as well as downstream and upstream fundamentals. This Market study examines the Biostimulants Industry's technical data, production plants, and raw material suppliers, as well as which product has the largest penetration, profit margins, and R&D status. The report's forecasts are based on an examination of the market's subdivisions, which include the global market size by product, end-user application, and several regions.
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#Global Biostimulants#Biostimulants Size#Biostimulants Share#Biostimulants Growth#Biostimulants Trend#Biostimulants segment#Biostimulants Opportunity#Biostimulants Analysis 2022#US Global Biostimulants#Global Biostimulants Industry Size
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Biostimulants Market Analysis, Industry Trends, Growth to 2030
The global biostimulants market size is projected to reach USD 7,879 million by 2030, from USD 2,897 million in 2021, and is anticipated to register a CAGR of 11.76% between 2022 and 2030.
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