#biostimulants market size

[ananya5400]

The biostimulants market size 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.

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Biostimulants Market: Growth Trends Opportunities & Key Insights for 2024

The Biostimulants Market have gained significant traction in the agricultural industry, thanks to their ability to enhance crop yield, improve soil health, and promote sustainable farming practices. As global demand for eco-friendly agricultural inputs increases, the biostimulants market is poised for rapid growth. In this article, we’ll explore the current trends, key drivers, and future opportunities shaping this dynamic market.

What are Biostimulants?

Biostimulants are naturally derived substances or microorganisms that, when applied to plants or soil, stimulate natural processes, improve nutrient efficiency, and boost overall plant health. Unlike fertilizers, which provide essential nutrients, biostimulants enhance plant resilience against environmental stresses, such as drought, heat, and salinity. These products include categories like humic acids, amino acids, seaweed extracts, and beneficial bacteria.

Biostimulants Market Overview

The global biostimulants market is projected to reach US$3.04 billion in 2024, growing at a CAGR of 10.4% from 2020 to 2024. The increased focus on organic farming, rising awareness about soil degradation, and the need for sustainable agriculture are key factors driving this growth. Europe currently holds the largest market share, followed by North America and the Asia-Pacific region.

Key Market Drivers in Biostimulants Market

Growing Demand for Sustainable Agriculture: Farmers worldwide are under increasing pressure to adopt eco-friendly practices that improve soil health without harming the environment. Biostimulants, being natural or organic in nature, are a perfect fit for this trend.

Rising Population and Food Demand: With the global population expected to reach 9.7 billion by 2050, the need for increased agricultural productivity is critical. Biostimulants offer a sustainable solution to boost crop yield and enhance quality.

Government Initiatives and Regulations: Several governments across Europe and Asia are promoting the use of biostimulants as part of their agricultural policies. These initiatives are expected to further drive market growth.

Climate Change and Environmental Stress: As climate change exacerbates environmental stress on crops, the use of biostimulants is becoming more essential. These products help plants withstand drought, extreme temperatures, and nutrient deficiencies.

Key Market Segments of Biostimulants Market

By Product Type:

Humic Substances: Known for improving soil fertility and water retention, these are widely used in organic farming.

Seaweed Extracts: Rich in nutrients, they enhance root growth and stress tolerance.

Microbial Biostimulants: Beneficial bacteria and fungi that promote plant growth by improving nutrient availability.

By Application:

Foliar Treatment: The most common method where biostimulants are sprayed directly onto plant leaves for quick absorption.

Soil Treatment: Biostimulants are applied to the soil to improve its structure, increase nutrient availability, and support microbial activity.

Seed Treatment: Used to enhance seed germination and improve early plant development.

By Crop Type:

Cereals & Grains: Farmers are increasingly using biostimulants in cereals and grains to enhance yield and nutrient uptake.

Fruits & Vegetables: Biostimulants improve the quality, taste, and shelf life of fruits and vegetables, making them a popular choice among producers.

Turf & Ornamentals: Widely used in landscaping and golf courses to maintain plant health and aesthetic appeal.

Challenges in the Biostimulants Market

While the biostimulants market is growing rapidly, it faces several challenges:

Regulatory Uncertainty: Biostimulants fall into a regulatory gray area in many countries, often classified alongside fertilizers or pesticides, leading to inconsistent regulations.

Lack of Awareness: Many farmers, especially in developing regions, are still unaware of the benefits of biostimulants or how to use them effectively.

Cost Sensitivity: In some markets, the higher upfront cost of biostimulants compared to conventional inputs can be a barrier to adoption.

Future Outlook and Opportunities

The biostimulants market is expected to see continuous innovation and new product development. Several companies are investing in research to develop more effective and targeted biostimulants tailored to specific crops or environmental conditions. Additionally, the growing demand for organic food products is likely to boost the use of biostimulants, as they align with organic farming practices.

Conclusion

The biostimulants market is set to witness significant growth in the coming years, driven by the increasing demand for sustainable agricultural solutions. As more farmers realize the benefits of biostimulants in improving crop productivity and environmental resilience, the market will continue to evolve. For stakeholders in the agricultural industry, staying informed about the latest market trends and technological advancements in biostimulants will be crucial to leveraging future opportunities.

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[researchrealmblog]

Biostimulants Market Will Reach USD 7.81 Billion By 2030

The global biostimulants market is witnessing growth and is projected to reach USD 7.81 billion by 2030. This growth of the market can be credited to the propagating demand for food armed with the growing worldwide populace and the growing hunger and malnutrition armed with opposing climate conditions. Furthermore, the overuse of natural resources by human activities, loss of biodiversity, and depletion of food are other reasons propelling the market development.

In recent years, the amino acid category dominated the market with the largest market share. This can be credited to its high bearable abilities, economic viability, and plant enhancement traits. Amino acids such as fulvic acid and humic acid are the major ingredients accountable for the stimulation of seed sprouting and metabolic procedures in plants, leading to the surge in sales of such products.

In recent years, the foliar treatment category held the majority share, around 75%, in the biostimulants market. This dominance is attributed to its growing utilization in the cultivation of field crops and horticultural crops, the rise of indoor farming practices, and its demonstrated efficacy in enhancing plant health. Furthermore, water-soluble formulations incorporating glycine betaine, chelated nutrients, and isopropyl alcohol (IPA) molecules are predominantly employed in plants, given their higher absorption rates compared to insoluble solutions.

In recent years, the row crops category led the industry. This is mainly because of the numerous development perspectives provided by row crops such as cotton, corn, wheat, soybeans, and sugar beets, to businesses, ascribed to their extensive cultivation throughout the globe. Many biostimulants such as amino acid, Indole-3-acetic acid, and polyamine are being accepted in the agricultural field to overcome blockades to plant cell division and growth. Furthermore, the high need for organic cereals, like oats and millet, and the acknowledgment and acceptance of organic agriculture are positively impacting the industry development in this segment.

In recent years, the foliar treatment segment has held the majority share, around 75%, in the biostimulants market. This dominance is attributed to its growing utilization in the cultivation of field crops and horticultural crops, the rise of indoor farming practices, and its demonstrated efficacy in enhancing plant health. Furthermore, water-soluble formulations incorporating glycine betaine, chelated nutrients, and isopropyl alcohol (IPA) molecules are predominantly employed in plants, given their higher absorption rates compared to insoluble solutions.

In recent years, Europe commanded the predominant share, exceeding 36%, in the biostimulants market. This was a result of heightened demand for agronomic products, shifting consumer preferences toward organic and environmentally friendly goods. Additionally, the imperative to rehabilitate degraded soil and the presence of a diverse array of acid and extract-based biostimulants tailored for various crop types contribute to the expansion of the regional market.

Source: P&S Intelligence

[supriyab]

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.

[aimarketresearch]

Biostimulants Market Size, Share, Trends, Global Demand, Growth and Opportunity Analysis

Recent study report released by Data Bridge Market research titled Global Biostimulants Market (covering USA, Europe, China, Japan, India, South East Asia and etc) that highlighting opportunities, risk analysis, and leveraged with strategic and tactical decision-making support.

Biostimulants Market report endows with an exhaustive overview of product specification, technology, product type and production analysis considering major factors such as revenue, costing, and gross margin. The study encompasses market drivers and restraints by using SWOT analysis, along with their impact on the demand over the forecast period. Under market overview section, market drivers, market restraints, opportunities and challenges are also evaluated in this business report which gives helpful insights to businesses for taking right moves. Biostimulants Marketing report provides clients with the information on their business scenario which helps to stay ahead of competition in today's speedily revolutionizing business environment.

Access Full 350 Pages PDF Report @

Data Bridge Market Research analyses that the global biostimulants market is expected to reach the value of USD 10,176.95 million by 2030, at a CAGR of 11.9% during the forecast period.

Key points covered in the report: -

The pivotal aspect considered in the global Biostimulants Market report consists of the major competitors functioning in the global market.

The report includes profiles of companies with prominent positions in the global market.

The sales, corporate strategies and technical capabilities of key manufacturers are also mentioned in the report.

The driving factors for the growth of the global Biostimulants Market are thoroughly explained along with in-depth descriptions of the industry end users.

The report also elucidates important application segments of the global market to readers/users.

This report performs a SWOT analysis of the market. In the final section, the report recalls the sentiments and perspectives of industry-prepared and trained experts.

The experts also evaluate the export/import policies that might propel the growth of the Global Biostimulants Market.

The Global Biostimulants Market report provides valuable information for policymakers, investors, stakeholders, service providers, producers, suppliers, and organizations operating in the industry and looking to purchase this research document.

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Biostimulants Market Landscape

Part 04: Global Biostimulants Market Sizing

Part 05: Global Biostimulants Market Segmentation by Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Reasons to Buy:

Review the scope of the Biostimulants Market with recent trends and SWOT analysis.

Outline of market dynamics coupled with market growth effects in coming years.

Biostimulants Market segmentation analysis includes qualitative and quantitative research, including the impact of economic and non-economic aspects.

Regional and country level analysis combining Biostimulants Market and supply forces that are affecting the growth of the market.

Market value data (millions of US dollars) and volume (millions of units) for each segment and sub-segment.

and strategies adopted by the players in the last five years.

Some of the major players operating in the global biostimulants market are ATLÁNTICA AGRÍCOLA, Bayer AG, Biolchim SPA, Biostadt India Limited, Koppert Biological Systems, Haifa Group, Trade Corporation International, Brandt Consolidated, Inc., Lallemand Inc., ADAMA, Syngenta, Novozymes, FMC Corporation, Valagro S.p.A., OMEX, ASL, Agrinos, and MPH among others.

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[market-insider]

Biostimulants: Tailoring Solutions for Crop Performance Enhancement

Biostimulants are substances or microorganisms that are applied to plants, seeds, or the surrounding environment to enhance plant growth, development, and overall health. Unlike fertilizers, which primarily provide essential nutrients to plants, biostimulants work by stimulating natural processes within the plants themselves. They contain various biologically active compounds, such as amino acids, proteins, vitamins, enzymes, and plant hormones, which can improve nutrient uptake, enhance stress tolerance, and stimulate beneficial microbial activity in the rhizosphere. Biostimulants can be derived from natural sources, including seaweed extracts, humic and fulvic acids, beneficial microorganisms (such as mycorrhizal fungi and rhizobacteria), and other plant-based substances. They are commonly used in agriculture, horticulture, and turf management to promote plant growth, increase crop yield, improve nutrient efficiency, and enhance the resilience of plants to environmental stressors. Biostimulants offer a sustainable and environmentally friendly approach to optimizing plant performance and supporting sustainable agricultural practices.

Gain deeper insights on the market and receive your free copy with TOC now @: Biostimulants Market Report

The biostimulants market has witnessed significant developments in recent years due to growing awareness about sustainable agriculture practices and the need for improving crop productivity. Manufacturers are continuously improving the formulation of biostimulant products to enhance their efficacy and ease of application. This includes the development of concentrated liquid formulations, water-soluble powders, and granular formulations that ensure better nutrient absorption and distribution in plants. Biotechnological advancements have played a crucial role in the development of biostimulant products. Biotechnological techniques such as genetic engineering, microbial fermentation, and extraction processes are being used to produce biostimulants with higher concentrations of active compounds, improved efficacy, and targeted functionalities. There is ongoing research to better understand the mode of action of biostimulants and their interaction with plants. This research aims to identify specific physiological and biochemical mechanisms triggered by biostimulants, including hormonal regulation, enzyme activities, gene expression, and nutrient uptake pathways. The findings help in optimizing the application of biostimulants for maximum plant response.

Companies are focusing on developing biostimulants tailored for specific crops or plant species. These specialized products consider the unique nutritional and physiological needs of different plants, ensuring targeted benefits and improved crop performance. Several countries have started implementing regulations specific to biostimulant products. These regulations aim to define product categories, establish quality standards, and ensure the efficacy and safety of biostimulants in agricultural practices. The introduction of regulations provides clarity to manufacturers, distributors, and farmers, fostering responsible growth of the biostimulants market. Microbial-based biostimulants, such as beneficial bacteria and fungi, are gaining attention in the market. Researchers are exploring different microbial strains and their interactions with plants to unlock their potential in improving nutrient uptake, disease resistance, and overall plant health. Farmers and agronomists are incorporating biostimulants into integrated crop management practices, including precision agriculture and sustainable farming systems. Biostimulants are being used in combination with other inputs like fertilizers and crop protection products to optimize plant health, reduce chemical inputs, and improve environmental sustainability. The biostimulants market is experiencing global expansion, with increased product availability in various regions. This expansion is driven by rising demand for sustainable agriculture solutions, government initiatives supporting organic farming practices, and the need to address environmental concerns associated with conventional agricultural practices.

[futuretonext]

The India Biostimulants Market is projected to grow at a CAGR of around 15.4% during the forecast period, i.e., 2022-27. The market is driven primarily by the flooding population & their growing requirement for food, coupled with increasing consumer preference toward organic, high quality, & nutritious food products. These aspects indicate the soaring need for organic farming methods in India, which, in turn, is bolstering the production & sales of biostimulants.

[marketspace360]

Biostimulant Market Expected to Witness High Growth over the Forecast Period 2022-2029

[willyskristina]

Agricultural Enzymes Market

Agricultural Enzymes Market Size, Share, Trends: Novozymes A/S Leads

Increasing Adoption of Enzyme-Based Biostimulants for Sustainable Agriculture

Market Overview:

The Agricultural Enzymes Market is projected to grow at a CAGR of 9.8% from 2024 to 2031. The market value is expected to increase from XX USD in 2024 to YY USD by 2031. Asia-Pacific currently dominates the market, driven by the increasing adoption of sustainable agricultural practices and the growing demand for organic food products. Key metrics include rising investments in agricultural biotechnology and the expansion of precision farming techniques. The market is expanding rapidly as the world's population grows, necessitating higher crop yields and quality. Agricultural enzymes help to improve soil health, increase nutrient uptake, and protect crops from pests and diseases. The trend towards environmentally friendly farming practices, as well as increased awareness of the dangers of artificial fertilisers and pesticides, are also helping to drive market growth. 

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Market Trends:

The agricultural enzymes market is experiencing a considerable shift towards the use of enzyme-based biostimulants. These new products are gaining appeal among farmers because of their capacity to improve crop growth, production, and stress tolerance while encouraging sustainable farming practices. Enzyme-based biostimulants stimulate plant metabolism, increase nutrient uptake efficiency, and boost plant defence mechanisms against environmental challenges. This trend is being driven by rising consumer demand for organic and sustainably produced foods, as well as increased regulatory pressure to minimise chemical inputs in agriculture. For example, a recent study published in the Journal of Plant Nutrition and Soil Science found that using enzyme-based biostimulants enhanced crop yields by up to 15% while decreasing the requirement for chemical fertilisers by 20%. Furthermore, leading agricultural firms are investing extensively in R&D to develop unique enzyme formulations that can meet specific crop needs and environmental circumstances, accelerating market expansion in this category.

Market Segmentation:

Proteases dominate the type segment in the agricultural enzymes market. Proteases have emerged as the dominant category in the agricultural enzymes market, owing to their diverse uses in crop protection and soil fertility development. These enzymes are critical in breaking down proteins into amino acids, which are required for plant growth and development. The dominance of proteases can be linked to their ability to improve nutrient availability in the soil and increase plant tolerance to numerous biotic and abiotic stressors.

Recent industry advances have strengthened proteases' position in the market. For example, a large agricultural biotechnology business recently launched a novel protease formulation that has demonstrated remarkable results in increasing nitrogen use efficiency in cereal crops. Field trials conducted in several agro-climatic zones revealed an average yield increase of 8-12% in wheat and maize when treated with this protease-based biostimulant. Fruits and vegetables have experienced a significant increase in the use of protease enzymes for crop protection. According to a research published by the International Association for Horticultural Science, the use of protease-based biopesticides in high-value fruit crops has increased by 15% over the last three years. This trend is being driven by rising demand for residue-free produce and the need to counteract emerging pest resistance to traditional chemical pesticides. Major fruit-producing regions in Europe and North America have reported successful reductions in chemical pesticide usage of up to 30% by using protease enzymes into crop protection programs.

Market Key Players:

Novozymes A/S

BASF SE

Syngenta AG

Agrinos AS

Stoller USA Inc.

BioWorks Inc.

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Email us: hari.krishna@aurorawaveintellects.com

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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.

[blogger123pooja]

The biostimulants market is experiencing robust growth driven by key factors like the demand for high-value crops, and plantation crops. Sustainable and environmentally friendly alternatives to traditional agrochemicals are the main drivers of the biostimulant market. By the segment of active ingredients, the humic acid and amino acid have the largest share in the biostimulant market. Amino acid-based biostimulant has the largest share approximately 31% due to increasing demand for organic food and beverages.

[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

[latestmarketresearchnews]

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.

[futuretonext]

The India Biostimulants Market is projected to grow at a CAGR of around 15.4% during the forecast period, i.e., 2022-27. The market is driven primarily by the flooding population & their growing requirement for food, coupled with increasing consumer preference toward organic, high quality, & nutritious food products. These aspects indicate the soaring need for organic farming methods in India, which, in turn, is bolstering the production & sales of biostimulants