#biostimulants industry forecast

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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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Biostimulants Industry Research 2030 Growth factors & Expected CAGR of Top Leaders

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…

[supriyab]

The biostimulants market is estimated at USD 4.3 billion in 2024 and is projected to reach USD 7.6 billion by 2029, at a CAGR of 12.0% from 2024 to 2029

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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/smart-irrigation-systems-market

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Biofertilizers Market Size, Share, and Industry Analysis

Rising Demand for Sustainable Agriculture and Soil Health Enhancement Fuels Growth in the Biofertilizers Market.

The Biofertilizers Market sizewas valued at USD 2.7 Billion in 2023. It is expected to grow to USD 7.10 Billion by 2032 and grow at a CAGR of 11.4% over the forecast period of 2024-2032.

The global biofertilizers market is driven by the increasing shift toward organic farming, sustainable agriculture, and eco-friendly crop nutrition solutions. Biofertilizers contain living microorganisms that enhance soil fertility by fixing nitrogen, solubilizing phosphorus, and stimulating plant growth. Rising concerns over soil degradation, chemical fertilizer overuse, and environmental impact are pushing farmers and governments to adopt biological alternatives. Additionally, the push for chemical-free and residue-free agricultural products is driving demand for biofertilizers in both organic and conventional farming.

Key Players in the Biofertilizers Market

Indian Farmers Fertiliser Cooperative Ltd (IFFCO BIOTECH, Nano Urea)

CBF China Biofertilizers (Bio-NPK, Organic Fertilizers)

Koppert Biological Systems Inc. (Mycorrhiza, Nematode Control)

Kiwa Bio-Tech Products Group Corp (Eco-Grow Biofertilizer, Kiwa Biofertilizer)

T. Stanes and Company Ltd (RhizoPlus, NitroPlus)

Symborg S.L. (BlueN, Symbioroots)

Lallemand Inc. (Lalfix, LalGreen)

Novozymes A/S (JumpStart, Zymate)

Sigma Agri-Science, LLC (Sigma BioFix, Green Glo)

Biomax (Biomax Phosphate Solubilizer, Biomax Humic Acid)

Future Scope and Emerging Trends

The biofertilizers market is rapidly evolving as agricultural industries worldwide focus on reducing chemical dependency and improving soil health. The increasing adoption of microbial-based fertilizers such as rhizobium, mycorrhizae, azotobacter, and phosphate-solubilizing bacteria (PSB) is helping farmers enhance nutrient absorption and improve crop yields naturally. Technological advancements in bioformulations, encapsulation techniques, and microbial consortia are enhancing the stability and effectiveness of biofertilizers. Additionally, government incentives and regulatory support for organic farming are fueling market expansion. The rise of precision agriculture and biostimulants is further integrating biofertilizers into modern farming practices, ensuring better efficiency and sustainability.

Key Points

Rising Demand for Organic Farming: Increasing global preference for chemical-free and sustainable agriculture.

Advancements in Microbial Technology: Enhanced formulations improving biofertilizer effectiveness and stability.

Government Support and Subsidies: Policies encouraging the use of biofertilizers over chemical alternatives.

Reduction of Chemical Dependency: Biofertilizers helping restore soil health and improve nutrient uptake.

Growing Adoption in Conventional Farming: Integration of biofertilizers in hybrid farming models.

Conclusion

The biofertilizers market is set for significant expansion, driven by environmental concerns, regulatory support, and increasing consumer demand for sustainable food production. Companies investing in innovative bioformulations, microbial research, and large-scale commercial applications will lead the market. As farmers seek effective and eco-friendly alternatives, biofertilizers will play a crucial role in the future of global agriculture.

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Agricultural Biologicals Market: Growth, Trends, and Future Prospects - UnivDatos

According to a new report by UnivDatos, The Agricultural Biologicals Market was valued at approximately USD 15.5 Billion in 2023 and is expected to grow at a substantial CAGR of around 11.5% during the forecast period (2024-2032). This is especially attributed to the increasing concerns of global society towards the utilization of chemical and pollution issues. Besides this, the demand for organic consumption adds to the support of biological solutions. In addition, positive policies as well as subsidies contribute to biological adoptions. To expand the agricultural biological sector, manufacturers are putting their money into research and development of advanced biological solutions for particular crops and geographical areas. They are establishing research collaborations with universities, using digital agriculture apps to build farmers’ knowledge, and extending distribution networks in new regions. Also, they are concentrating on least-cost manufacturing and local production to increase market penetration.

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In August 2024 the government of India promoted the correct usage of fertilizers alongside Organic and Biofertilizers according to soil test-based recommendations. The “PM Programme for Restoration, Awareness, Nourishment, and Amelioration of Mother Earth (PM-PRANAM)” is launched to encourage the States and Union Territories to use efficient substitutes like organic and biofertilizers to enhance the health and fertility of the soil and sustainable yield.

On September 30, 2024, FMC Corporation (NYSE: FMC), a leading global agricultural sciences company, announced an agreement with Ballagro Agro Tecnologia Ltda., a pioneer and leader in fungi-based biosolutions, to provide growers in Brazil with a broad portfolio of differentiated biological solutions. The agreement is part of FMC’s strategic plan to grow its biologicals platform in key markets like Brazil.

Segments that transform the industry

·         Based on the product, the market is segmented into biopesticides, biostimulants, biofertilizers, and others. Among these, biopesticides held a dominant share of the market in 2023 due to the faster and more environmentally friendly method of pest management that the growing sustainable farming sector. Adding to this, this helps in reducing chemical deposits and avoiding pest resistance making them appropriate for incorporation pest management (IPM) programs. Moreover, governments are providing subsidies and have eased the regulatory environment beyond what has been seen for chemical pesticides, leading to greater usage penetration.

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According to the report, the impact of Agricultural Biologicals has been identified to be high for the Asia-Pacific area. Some of how this impact has been felt include:

Asia-Pacific is expected to grow with a significant CAGR during the forecast period (2024-2032). This is due to the increasing demand for food, and governmental encouragement for eco-friendly farming methods. Also, places like India and China are now using agricultural biologicals in place of conventional chemical fertilizers to counteract soil erosion as well as efforts towards managing pest resistance. As per the Directorate of Plant Protection, the consumption of biopesticides/Neem-based pesticides in India was around 7,248 in the year 2022-23. Moreover, companies enter this market by introducing affordable solutions that suit local markets and partnering with various governments to provide awareness initiatives. They also set up production units in that area to minimize costs and respond to the requirements of the area.

[rainyducktiger]

Sustainable Agriculture Market Regional and Global Industry Insights to 2033

Sustainable agriculture has emerged as a pivotal approach in addressing the intertwined challenges of food security, environmental degradation, and climate change. As the global population continues to rise, the demand for food escalates, necessitating farming practices that are both productive and environmentally friendly. This article delves into the current trends shaping the sustainable agriculture market and provides a forecast up to 2032.

Market Overview

In 2023, the global sustainable agriculture market was valued at approximately USD XX billion. Projections indicate that this figure will reach around USD XX billion by 2032, growing at a compound annual growth rate (CAGR) of XX% during the forecast period from 2025 to 2032. This robust growth underscores the increasing adoption of sustainable practices worldwide.

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Key Drivers of Growth

Environmental Awareness: Consumers and policymakers are becoming more conscious of the environmental impacts of traditional farming. This awareness drives the adoption of practices that reduce carbon footprints and conserve natural resources.

Technological Advancements: Innovations in precision agriculture, biotechnology, and data analytics enable farmers to optimize resource use, enhance crop yields, and minimize waste.

Government Initiatives: Many governments are implementing policies and subsidies to promote sustainable farming. For instance, India's National Mission for Sustainable Agriculture focuses on climate-resilient farming practices.

Consumer Demand: There's a growing market for organic and sustainably produced food products, encouraging farmers to adopt eco-friendly practices to meet this demand.

Market Segmentation

The sustainable agriculture market can be segmented based on product type, farming system, crop type, formulation, and application.

By Product Type:

Seeds and Traits: Genetically optimized seeds for better yield and resistance.

Biopesticides: Natural pest control solutions.

Biostimulants: Substances that enhance plant growth and resilience.

By Farming System:

Organic Farming: Avoids synthetic inputs, focusing on natural processes.

Conservation Agriculture: Emphasizes minimal soil disturbance and crop rotation.

Integrated Pest Management (IPM): Combines biological, cultural, and chemical tools to manage pests.

Precision Agriculture: Utilizes technology to monitor and manage field variability.

By Crop Type:

Cereals and Grains

Oilseeds and Pulses

Fruits and Vegetables

By Formulation:

Liquid

Dry

By Application:

Seed Treatment

Soil Treatment

Foliar Spray

Regional Insights

North America: Leading the market due to advanced farming technologies and strong policy support.

Europe: High consumer demand for organic products and stringent environmental regulations drive market growth.

Asia-Pacific: Expected to witness the fastest growth, propelled by large agricultural bases in countries like India and China, along with increasing government initiatives.

Challenges

Despite the positive outlook, the sustainable agriculture market faces several challenges:

High Initial Investment: Transitioning to sustainable practices often requires significant upfront costs for new equipment and training.

Knowledge Gap: Farmers may lack access to information or training on sustainable methods.

Market Access: Small-scale farmers might struggle to find markets willing to pay a premium for sustainably produced goods.

Future Outlook

The sustainable agriculture market is poised for significant growth in the coming years. Factors such as technological innovation, supportive government policies, and increasing consumer demand for sustainable products will continue to drive the market. Companies and stakeholders investing in sustainable practices today are likely to reap substantial benefits as the global emphasis on environmental conservation intensifies.

In conclusion, sustainable agriculture is not just a trend but a necessary evolution in farming practices. As we approach 2032, the integration of sustainability into agriculture will play a crucial role in ensuring food security, protecting the environment, and fostering economic growth.Read Full Report:-https://www.uniprismmarketresearch.com/verticals/agriculture/sustainable-agriculture.html

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China Plant Growth Regulators (PGRs) Market Insight, Trends, Forecast 2024-2031

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated China Plant Growth Regulators (PGRs) Market size by value at USD 138.6 million in 2024. During the forecast period between 2025 and 2031, BlueWeave expects China Plant Growth Regulators (PGRs) Market size to boom at a robust CAGR of 8.40% reaching a value of USD 251.8 million by 2031. China Plant Growth Regulators (PGRs) Market is driven by the growing demand for high-yield crops to meet the rising food demand across the country and the world. Growing adoption of sustainable agricultural practices and organic farming boosts PGR usage. Government initiatives promoting advanced farming technologies and biostimulants contribute significantly. Additionally, the market benefits from the expanding horticulture and floriculture industries. Rising awareness about crop quality improvement and the shift toward eco-friendly agricultural solutions also drive the growth of PGRs Market in China.

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Opportunity – Government’s Increasingly Supportive Regulations

The growth of China Plant Growth Regulators (PGRs) Market is significantly driven by strong government support and favorable regulations promoting sustainable agricultural practices. Policies encourage the adoption of eco-friendly solutions and help in reducing the reliance on chemical inputs align with the country’s environmental goals. Financial incentives, research grants, and subsidies for biostimulants and PGRs further support market expansion. These measures aim to enhance agricultural productivity while minimizing environmental impact, fostering increased adoption of PGRs among Chinese farmers.

Fruits & Vegetables Account for Largest Share of China PGRs Market

The fruits and vegetables segment holds the largest market share of China Plant Growth Regulators (PGRs) Market, due to the growing demand for high-quality produce, driven by increasing consumer awareness of health and nutrition. PGRs are widely used in fruits and vegetables to enhance growth, improve crop yield, and ensure quality standards. The China agricultural sector's increasing focus on sustainable practices and maximizing productivity further boosts the adoption of PGRs in the fruits & vegetables segment. Additionally, the expanding export market for Chinese fruits and vegetables contributes significantly to the segment's prominence within the overall PGRs market.

Impact of Escalating Geopolitical Tensions on China Plant Growth Regulators (PGRs) Market   

Escalating geopolitical tensions could impact the growth of China Plant Growth Regulators (PGRs) Market by disrupting international trade, increasing raw material costs, and restricting access to advanced technologies. Export restrictions and tariffs may hinder market expansion globally, while strained relations could lead to sourcing challenges for critical inputs. Domestic demand may grow as China focuses on self-reliance in agriculture, but overall growth could face constraints due to heightened market uncertainties.

Competitive Landscape

China Plant Growth Regulators (PGRs) Market is highly fragmented, with numerous players serving the market. Major companies dominating the market include Chengdu Newsun Crop Science Co. Ltd, Jiangxi New Reyphon Biochemical Co. Ltd, Zhejiang Qianjiang Biochemical Co. Ltd, Shanghai Luze Biotech Co. Ltd, Shanghai Weidi Biochemical Co. Ltd (Nanchang), Jiangsu Sevencontinent Green Chemical Co. Ltd, Sichuan Guoguang Agrochemical Co. Ltd, Guangdong Geolong Biotech Co. Ltd, and Shandong A&Fine Agrochemicals Co. Ltd. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge over their competitors in China Plant Growth Regulators (PGRs) Market.

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[ananya5400]

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.

[rupalic]

The Rapid Growth of Agricultural Microbials: $18.75 Billion by 2030

The agricultural microbials market size is projected to reach USD 9.45 billion by 2025, growing at a compound annual growth rate (CAGR) of 14.7% to reach USD 18.75 billion by 2030. This growth is driven by the increasing global adoption of microbial products, particularly in Europe and the Americas, with the latter accounting for over half of global biopesticide usage. While the future appears promising for agricultural microbials in developing economies such as India and China, advancements in application methods are necessary to meet the rising demand for organic agriculture. These products are poised to mitigate the environmental impact of current agricultural practices. Key factors driving market growth include rising consumer preference for organic food, reductions in chemical pesticide use, pest resurgence, and the need for sustainable agricultural practices.

Market Drivers: Rising Focus on Sustainable Agriculture

The agricultural microbials market is benefiting from the growing emphasis on sustainable farming practices. Farmers and agribusinesses are increasingly turning to eco-friendly solutions to comply with regulatory requirements and meet consumer demand for sustainable food production. Agricultural microbials, including biopesticides, biofertilizers, and biostimulants, offer organic alternatives for pest and disease management, enhancing crop health, and improving soil fertility while minimizing environmental impact.

Policies such as the European Union’s Farm to Fork Strategy and the Common Agricultural Policy (CAP) are pivotal in transitioning to sustainable food systems. These initiatives aim to have 25% of EU agricultural land under organic farming by 2030 and significantly reduce nutrient losses and fertilizer usage. On a global scale, efforts such as the USD 379 million program launched in March 2024 by countries including Ecuador, India, Kenya, and Vietnam, with support from UNEP, UNDP, UNIDO, and the African Development Bank, are geared towards reducing agricultural pollution and promoting microbial technologies.

Crop Protection Segment to Hold Largest Market Share

The crop protection segment is expected to hold the largest agricultural microbials market share due to the growing need for sustainable solutions to combat pests, diseases, and weeds. Microbial crop protection products, such as biopesticides, biofungicides, and bioherbicides, offer targeted action, lower environmental toxicity, and compatibility with integrated pest management (IPM) programs. These products, derived from naturally occurring microorganisms like bacteria, fungi, and viruses, are safer for the environment, non-target organisms, and human health.

Innovations in microbial formulations, including extended shelf life, stability, and improved delivery mechanisms, are addressing key challenges in adoption. Research collaborations between industry players and academic institutions are also contributing to the development of region-specific microbial strains to combat pests and pathogens, further strengthening the crop protection segment.

Europe to Register the Highest CAGR

Europe Agricultural Microbials Market is expected to witness the highest growth rate during the forecast period, driven by the rise in sustainable agriculture and increased organic farming. Government initiatives, such as the Farm to Fork Strategy and the Common Agricultural Policy (CAP), are key drivers. The Farm to Fork Strategy aims to reduce pesticide use by 50% and increase organic farming to 25% of agricultural land by 2030, while CAP provides subsidies for sustainable practices.

Countries like Germany, France, Spain, and Italy are leading the adoption of biopesticides, biofertilizers, and biostimulants as consumers increasingly seek residue-free, organic produce. Advances in microbial research, technological innovations, and strong government support have fueled product availability and adoption in the region. Additionally, the growing awareness of soil health and the role of microbials in enhancing soil fertility and crop resilience is boosting demand.

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Key Market Trends and Factors

The agricultural microbials market is driven by several factors, including the increasing demand for sustainable and eco-friendly farming solutions, rising consumer preference for organic and residue-free produce, and growing awareness of the environmental and health risks associated with synthetic chemicals. Stringent government regulations aimed at reducing pesticide use are further propelling the adoption of microbial alternatives. Additionally, advancements in microbial research and technology, improved product formulations, and the need for effective soil health management are contributing to market growth.

Bacteria Segment Holds the Largest Market Share

Bacteria dominate the agricultural microbials industry due to their versatile applications and proven effectiveness in enhancing crop productivity and soil health. Beneficial bacterial strains, such as Bacillus, Pseudomonas, and Rhizobium, are widely used in biopesticides, biofertilizers, and biostimulants to protect crops from pests and diseases, fix atmospheric nitrogen, and improve nutrient uptake. Their adaptability to diverse environmental conditions and compatibility with various farming practices make bacterial products a preferred choice for farmers.

Soil Amendment Segment Holds Significant Market Share

The soil amendment segment is expected to maintain a significant market share due to the growing emphasis on improving soil health and fertility. Microbial-based soil amendments, including biofertilizers and biostimulants, play a crucial role in enhancing nutrient availability, promoting beneficial microbial activity, and improving soil structure. These solutions are increasingly adopted to combat soil degradation, reduce chemical dependency, and support sustainable farming practices.

In conclusion, the agricultural microbials market growth is driven by the rising demand for sustainable agricultural solutions, advancements in microbial technologies, and supportive government initiatives. As farmers and agribusinesses continue to prioritize eco-friendly and effective farming practices, the adoption of microbial products is set to rise, shaping the future of global agriculture.

Top Companies in Agricultural Microbials Market

BASF SE (Germany), Bayer AG (Germany), Syngenta Group (Switzerland), UPL (India), Corteva (US), FMC Corporation (US), Nufarm (Australia), Sumitomo Chemical Co., Ltd. (Japan), BIONEMA (US), Koppert (Netherlands), Certis USA L.L.C. (US), Bioceres Crop Solutions (Argentina), Novonesis Group (Denmark), BioFirst Group (Belgium), and Lallemand Inc (Canada).