出版：MarketsandMarkets（マーケッツアンドマーケッツ） 出版年月：2023年12月
Biostimulants Market – Global Forecast to 2028
バイオスティミュラント市場 : 作物の種類 (穀物と穀類、油糧種子と豆類、果物と野菜、花と観賞植物)、有効成分 (フミン物質、海藻抽出物)、形態 (乾燥、液体)、使用方法と地域別 – 2028年までの世界予測
Biostimulants Market by Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Flowers & Ornamentals), Active Ingredients (Humic Substances, Seaweed Extracts), Form (Dry, Liquid), Mode of Application and Region – Global Forecast to 2028
| ページ数 | 324 |
| 図表数 | 341 |
| 種別 | 英文調査報告書 |
| 価格 |
MarketsandMarkets（マーケッツアンドマーケッツ）「バイオスティミュラント市場 : 作物の種類 (穀物と穀類、油糧種子と豆類、果物と野菜、花と観賞植物)、有効成分 (フミン物質、海藻抽出物)、形態 (乾燥、液体)、使用方法と地域別 – 2028年までの世界予測 – Biostimulants Market by Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Flowers & Ornamentals), Active Ingredients (Humic Substances, Seaweed Extracts), Form (Dry, Liquid), Mode of Application and Region – Global Forecast to 2028」は世界のバイオスティミュラント（生物刺激剤）市場を調査し、主要セグメント毎に分析・予測した結果を提供します。
主な対象セグメント
- 作物タイプ
- 穀物と穀類
- 油糧種子と豆類
- 果物と野菜
- 花と観賞植物
- その他の作物
- 有効成分
- フミン物質
- 海藻抽出物
- アミノ酸
- 微生物改良
- その他の有効成分
- 用途
- 茎葉処理
- 土壌処理
- 種子処理
- 形態
- 乾燥
- 液体
- 地域
- 北米
- 欧州
- アジア太平洋地域
- 南米
- その他の地域（RoW）
Report Overview
Biostimulants play a crucial role in modern agriculture by offering multifaceted benefits to both plants and the surrounding environment. One primary function of biostimulants is to enhance nutrient uptake in plants, fostering improved absorption and transport mechanisms. By doing so, these products significantly elevate the overall nutrient use efficiency of plants, ensuring that essential elements are optimally utilized for growth and development. In addition to bolstering nutrient absorption, biostimulants serve as invaluable agents in enhancing stress tolerance in plants. They act as protective shields against a spectrum of environmental challenges, ranging from drought and salinity to fluctuations in temperature. This capacity to mitigate stressors enables plants to thrive under adverse conditions, contributing to increased resilience and sustained productivity.
The application of biostimulants correlates with a marked enhancement in crop quality. Farmers observe improved yields, better fruit set, and elevated nutritional content in crops treated with these stimulants. The positive impact on crop quality not only satisfies market demands for high-quality produce but also supports global efforts to address food security challenges. Beyond their direct effects on plants, certain biostimulants contribute to the overall health and sustainability of the soil. These products play a role in improving soil structure and fostering increased microbial activity. By promoting a healthier soil environment, biostimulants contribute to sustainable agricultural practices, enhancing long-term soil fertility and reducing the reliance on chemical inputs.
Biotechnology has enabled the identification and utilization of specific microorganisms and enzymes that exhibit beneficial effects on plant growth. These could be naturally occurring microbes or genetically modified organisms designed to enhance plant functions. Advancements in biotechnology have enabled a more precise understanding of plant-microbe interactions, allowing for the development of targeted biostimulant formulations. This precision helps in optimizing their effectiveness in specific crops or environmental conditions. Regulatory bodies are establishing guidelines and procedures for the registration and approval of biostimulants. This includes determining the criteria for safety, efficacy, and environmental impact assessments. Efforts are being made for international harmonization of regulations to ensure consistency in standards across different regions. This helps manufacturers comply with regulations in various markets.
Asia Pacific is projected to witness the highest growth rate during the forecast period.
As per FAOSTAT data for 2020, the Asian Pacific (APAC) region accounted for approximately 170 million hectares of global agricultural land. Economic development in key Asian countries, including India and China, is closely tied to the agricultural sector, with these nations serving as major contributors to the global crop export market. APAC boasts significant plant diversity owing to varied climates across countries, prompting farmers to adopt sustainable practices like the use of plant growth promoters for enhancing crop yield.
The agricultural sector in Asia has faced challenges from frequent extreme weather events such as storms, floods, and droughts. Furthermore, the historical reliance on chemical fertilizers and pesticides during the Green Revolution has led to adverse changes in soil structure and fertility in the region. In response to these challenges, there is a notable shift towards adopting new and sustainable farming practices in the region. Despite these challenges, the APAC region demonstrates consistent annual growth in key agricultural outputs, contributing to an increased demand for biostimulants, particularly in the cultivation of fruits and vegetables.
Amino acids are gaining rapid popularity in the biostimulants market across the globe.
Amino acids play a crucial role in the plant growth and development process, serving as essential building blocks for proteins and enzymes. In recent years, the biostimulant market has witnessed a significant surge in interest and growth, with amino acids emerging as key components in various biostimulant formulations. Biostimulants are substances that, when applied to plants or soil, enhance nutrient uptake, improve stress tolerance, and promote overall plant health without providing direct nutrition. One of the notable advantages of amino acid-based biostimulants is their versatility in application. They can be utilized in conjunction with fertilizers or as standalone products, providing flexibility for farmers to integrate them into their existing crop management practices. Moreover, amino acids derived from natural sources, such as plant and animal proteins, align with the increasing demand for organic and sustainable agricultural practices.
By form, liquid form dominated the market for biostimulants in value terms
Liquid biostimulants offer several advantages over their solid counterparts. Their fluid nature allows for efficient mixing and uniform application, ensuring that plants receive a consistent dose of the biostimulant. This facilitates precise control over the application process, enabling farmers to tailor treatments to specific crop requirements. Moreover, the liquid form enhances the bioavailability of active ingredients, allowing for quicker absorption and utilization by plants. This rapid assimilation contributes to faster responses in terms of improved plant vigor, stress resistance, and overall performance. The growing awareness of sustainable agriculture and the increasing demand for organic produce have further fueled the adoption of liquid biostimulants. Farmers are recognizing the role of these liquid formulations in optimizing plant health, reducing the reliance on chemical inputs, and promoting environmentally friendly agricultural practices. As the biostimulant market continues to evolve, the liquid segment is expected to play a pivotal role in shaping the future of sustainable and efficient crop management practices.
By mode of application, the foliar treatment is accounted to have the largest share in the global biostimulants market
Farmers are increasingly recognizing the benefits of incorporating biostimulants into their foliar treatment regimens. These benefits include improved nutrient use efficiency, heightened resistance to environmental stressors, and ultimately, higher crop yields. The use of biostimulants in foliar treatments aligns with the broader trend towards sustainable agriculture, as these products contribute to reducing the reliance on traditional chemical inputs while promoting ecological balance.
The foliar treatment-biostimulant market is dynamic, with ongoing research and development efforts driving innovation in formulation and application techniques. This market evolution is spurred by a growing awareness of the importance of sustainable agricultural practices, coupled with a desire to optimize resource utilization in the face of increasing global food demand. As the agriculture industry continues to embrace foliar treatments and biostimulants, it is expected that these practices will become integral components of modern farming strategies, contributing to both environmental stewardship and the economic viability of agricultural operations.
The break-up of the profile of primary participants in the biostimulants market:
n By Value Chain Side: Demand side: 41%, and Supply side: 59%
n By Designation: CXO’s – 31%, Managers– 24%, and Executives- 45%
n By Region: North America – 24%, Europe – 29%, Asia Pacific – 32 %, and RoW – 15%
Research Coverage:
This research report categorizes the biostimulants market by crop type (cereals & grains, oilseeds & pulses, fruits & vegetables, flowers & ornamentals, others crop types), by active ingredients (humic substances, seaweed extracts, amino acids, microbial amendments, other active ingredients), by form (dry, liquid), by mode of application (foliar treatment, soil treatment, seed treatment), and region (North America, Europe, Asia Pacific, South America and Rest of the World). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the biostimulants market. A detailed analysis of the key industry players has been done to provide insights into their business overview, products, and services; key strategies; contracts, partnerships, and agreements. New product & service launches, mergers and acquisitions, and recent developments associated with the biostimulants market. Competitive analysis of upcoming startups in the biostimulants market ecosystem is covered in this report.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall biostimulants market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
• Analysis of key drivers (Increasing need for sustainable agriculture), restraints (Commercialization of low-quality biostimulant products), opportunities (Technological advancements in production of biostimulants), and challenges (Uncertainty in global biostimulant regulatory framework) influencing the growth of the biostimulants market.
• Product Development/Innovation: Detailed insights on research & development activities, and new product & service launches in the biostimulants market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the biostimulants market across varied regions.
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the biostimulants market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like BASF SE (Germany), UPL (India), FMC Corporation (US), Rallis India Limited (India), and ADAMA (Israel), among others in the biostimulants market strategies.
Table of Contents
1 INTRODUCTION 39
1.1 STUDY OBJECTIVES 39
1.1.1 MARKET DEFINITION 39
1.2 MARKET SCOPE 40
1.2.1 MARKET SEGMENTATION 40
FIGURE 1 BIOSTIMULANTS MARKET SEGMENTATION 40
1.2.2 INCLUSIONS & EXCLUSIONS 41
TABLE 1 BIOSTIMULANTS MARKET: INCLUSIONS & EXCLUSIONS 41
1.2.3 REGIONS COVERED 41
1.3 YEARS CONSIDERED 42
1.4 UNIT CONSIDERED 42
1.4.1 CURRENCY/VALUE UNIT 42
TABLE 2 USD EXCHANGE RATES CONSIDERED, 2019–2022 43
1.4.2 VOLUME UNIT 43
1.5 STAKEHOLDERS 43
1.6 SUMMARY OF CHANGES 44
1.6.1 IMPACT OF RECESSION 44
2 RESEARCH METHODOLOGY 45
2.1 RESEARCH DATA 45
FIGURE 2 BIOSTIMULANTS MARKET: RESEARCH DESIGN 45
2.1.1 SECONDARY DATA 46
2.1.1.1 Key data from secondary sources 46
2.1.2 PRIMARY DATA 46
2.1.2.1 Key data from primary sources 47
2.1.2.2 Key insights from industry experts 47
2.1.2.3 Breakdown of primary profiles 48
FIGURE 3 BIOSTIMULANTS MARKET: BREAKDOWN OF PRIMARY INTERVIEWS, BY VALUE-CHAIN SIDE, DESIGNATION, AND REGION 48
2.2 MARKET SIZE ESTIMATION 48
2.2.1 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH 49
FIGURE 4 BIOSTIMULANTS MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH 49
FIGURE 5 BIOSTIMULANTS MARKET SIZE ESTIMATION (DEMAND-SIDE) 50
2.2.2 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH 50
FIGURE 6 BIOSTIMULANTS MARKET SIZE ESTIMATION: TOP-DOWN APPROACH 51
FIGURE 7 BIOSTIMULANTS MARKET SIZE ESTIMATION, BY TYPE (SUPPLY-SIDE) 51
2.3 GROWTH FORECAST 52
2.4 DATA TRIANGULATION 52
FIGURE 8 DATA TRIANGULATION AND MARKET BREAKUP 52
2.5 ASSUMPTIONS 53
TABLE 3 ASSUMPTIONS 53
2.6 LIMITATIONS AND RISK ASSESSMENT 54
TABLE 4 LIMITATIONS AND RISK ASSESSMENT 54
2.7 RECESSION IMPACT ANALYSIS 54
2.8 RECESSION MACROINDICATORS 55
FIGURE 9 RECESSION MACROINDICATORS 56
FIGURE 10 GLOBAL INFLATION RATE, 2011–2022 56
FIGURE 11 GLOBAL GDP, 2011–2022 (USD TRILLION) 57
FIGURE 12 RECESSION INDICATORS AND THEIR IMPACT ON BIOSTIMULANTS MARKET 58
FIGURE 13 GLOBAL BIOSTIMULANTS MARKET: EARLIER FORECAST VS. RECESSION FORECAST 58
3 EXECUTIVE SUMMARY 60
TABLE 5 BIOSTIMULANTS MARKET SNAPSHOT, 2023 VS. 2028 61
FIGURE 14 BIOSTIMULANTS MARKET, BY CROP TYPE, 2023 VS. 2028 (USD MILLION) 62
FIGURE 15 BIOSTIMULANTS MARKET, BY TYPE, 2023 VS. 2028 (USD MILLION) 62
FIGURE 16 BIOSTIMULANTS MARKET, BY MODE OF APPLICATION, 2023 VS. 2028 (USD MILLION) 63
FIGURE 17 BIOSTIMULANTS MARKET: REGIONAL SNAPSHOT 64
4 PREMIUM INSIGHTS 65
4.1 OPPORTUNITIES FOR PLAYERS IN BIOSTIMULANTS MARKET 65
FIGURE 18 EXPANSION IN ORGANIC AGRICULTURAL LAND AND INCREASE IN CROP PRODUCTION TO DRIVE MARKET 65
4.2 BIOSTIMULANTS MARKET, BY CROP TYPE AND REGION 66
FIGURE 19 EUROPE TO ACCOUNT FOR LARGEST MARKET SHARE BY 2028 66
4.3 EUROPEAN BIOSTIMULANTS MARKET: KEY ACTIVE INGREDIENTS AND TOP THREE COUNTRIES 67
FIGURE 20 SPAIN TO LEAD BIOSTIMULANTS MARKET IN 2022 67
4.4 BIOSTIMULANTS MARKET: MAJOR REGIONAL SUBMARKETS 68
FIGURE 21 ASIAN COUNTRIES TO WITNESS HIGH GROWTH RATE DURING FORECAST PERIOD 68
5 MARKET OVERVIEW 69
5.1 INTRODUCTION 69
5.2 MACROECONOMIC INDICATORS 69
5.2.1 GROWTH IN DEMAND FOR ORGANIC FOOD 69
FIGURE 22 TOP TEN COUNTRIES WITH SIGNIFICANT INCREASE IN ORGANIC FARMING LAND, 2019 (HECTARE) 70
FIGURE 23 GLOBAL ORGANIC AGRICULTURE, BY REGION, 2019 70
5.2.2 DAMAGE AND LOSS OF AGRICULTURAL LAND 71
FIGURE 24 ARABLE LAND AREA PER CAPITA, 1960–2050 (HA) 71
5.3 MARKET DYNAMICS 72
FIGURE 25 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: BIOSTIMULANTS MARKET 72
5.3.1 DRIVERS 72
5.3.1.1 Increasing need for sustainable agriculture 72
TABLE 6 SUSTAINABILITY INVESTMENTS BY KEY AGRICULTURAL COMPANIES 73
5.3.1.2 Easy availability of seaweed as raw materials 73
5.3.1.3 Strong demand for high-value crops 74
FIGURE 26 FARM-GATE VALUE OF FRUITS AND VEGETABLES, 2022 74
5.3.2 RESTRAINTS 75
5.3.2.1 Commercialization of low-quality biostimulant products 75
5.3.2.2 Preference for chemical pesticides among farmers in developing countries 75
5.3.3 OPPORTUNITIES 76
5.3.3.1 Technological advancements in production of biostimulants 76
5.3.3.2 Significant developments in seed treatment 76
5.3.4 CHALLENGES 77
5.3.4.1 Uncertainty in global biostimulants regulatory framework 77
6 INDUSTRY TRENDS 78
6.1 INTRODUCTION 78
6.2 VALUE CHAIN ANALYSIS 78
FIGURE 27 BIOSTIMULANTS MARKET: VALUE CHAIN ANALYSIS 78
6.2.1 RESEARCH & PRODUCT DEVELOPMENT 79
6.2.2 RAW MATERIAL SOURCING 79
6.2.3 MANUFACTURING & PRODUCTION 79
6.2.4 PACKAGING, STORAGE, AND DISTRIBUTION 79
6.3 SUPPLY CHAIN ANALYSIS 80
FIGURE 28 BIOSTIMULANTS MARKET: SUPPLY CHAIN ANALYSIS 80
6.4 TECHNOLOGY ANALYSIS 80
6.4.1 SOFTWARE TO OPERATIONALIZE ANALYTICS 80
6.4.2 NANOENCAPSULATION TECHNOLOGY 81
6.5 PATENT ANALYSIS 81
FIGURE 29 LIST OF MAJOR PATENTS FOR BIOSTIMULANTS, 2012–2022 81
FIGURE 30 JURISDICTIONS WITH HIGHEST PATENT APPROVALS FOR BIOSTIMULANTS, 2016–2022 82
TABLE 7 LIST OF IMPORTANT PATENTS IN BIOSTIMULANTS MARKET, 2019–2022 82
6.6 ECOSYSTEM/MARKET MAP 84
FIGURE 31 BIOSTIMULANTS MARKET: ECOSYSTEM 84
FIGURE 32 KEY PLAYERS IN BIOSTIMULANTS MARKET ECOSYSTEM 85
6.6.1 ECOSYSTEM MAP 86
TABLE 8 BIOSTIMULANTS MARKET: ECOSYSTEM 86
6.7 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS 87
FIGURE 33 BIOSTIMULANTS MARKET: TRENDS/DISRUPTING IMPACTING CUSTOMER’S BUSINESS 87
6.8 PRICING ANALYSIS 88
6.8.1 AVERAGE SELLING PRICE, BY ACTIVE INGREDIENT (KEY PLAYERS) 88
FIGURE 34 AVERAGE SELLING PRICE FOR KEY PLAYERS, BY ACTIVE INGREDIENT (USD/KG) 88
TABLE 9 AVERAGE SELLING PRICES FOR KEY PLAYERS, BY ACTIVE INGREDIENT (USD/KG) 88
FIGURE 35 BIOSTIMULANTS MARKET: AVERAGE SELLING PRICE, BY TYPE, 2019–2022 (USD/TON) 89
TABLE 10 NORTH AMERICA: AVERAGE SELLING PRICE, BY ACTIVE INGREDIENT, 2018–2022 (USD/TON) 89
TABLE 11 EUROPE: AVERAGE SELLING PRICE, BY ACTIVE INGREDIENT, 2018–2022 (USD/TON) 89
TABLE 12 ASIA PACIFIC: AVERAGE SELLING PRICE, BY ACTIVE INGREDIENT, 2018–2022 (USD/TON) 90
TABLE 13 SOUTH AMERICA: AVERAGE SELLING PRICE, BY ACTIVE INGREDIENT, 2018–2022 (USD/TON) 90
TABLE 14 ROW: AVERAGE SELLING PRICE, BY ACTIVE INGREDIENT, 2018–2022 (USD/TON) 90
6.9 BIOSTIMULANTS MARKET: TRADE ANALYSIS 91
TABLE 15 EXPORT VALUE AND VOLUME OF SEAWEEDS AND OTHER ALGAE BIOSTIMULANTS, BY KEY COUNTRY, 2022 (USD THOUSAND AND TONS) 91
TABLE 16 IMPORT VALUE AND VOLUME OF SEAWEEDS AND OTHER ALGAE BIOSTIMULANTS, BY KEY COUNTRY, 2022 (USD THOUSAND AND TONS) 92
TABLE 17 IMPORT VALUE AND VOLUME OF AMINO ACIDS AND THEIR ESTERS, BY KEY COUNTRY, 2022 (USD THOUSAND AND TONS) 93
TABLE 18 EXPORT VALUE AND VOLUME OF AMINO ACIDS AND THEIR ESTERS, BY KEY COUNTRY, 2022 (USD THOUSAND AND TONS) 94
6.10 CASE STUDIES 95
TABLE 19 CASE STUDY 1: BRIDGEWAY BIOSTIMULANT IMPROVED OVERALL RESILIENCE OF CROP AND PREVENTED CLUBROOT 95
TABLE 20 CASE STUDY 2: BIOSTIMULANTS HELPED IN PROMOTING ROOT GROWTH AND PHYSIOLOGICAL PROCESSES IN PLANTS 95
TABLE 21 CASE STUDY 3: HUMIC-BASED BIOSTIMULANTS REDUCED STRESS ON SOIL RESOURCES FOR NITROGEN UPTAKE AND PROVIDED NITROGEN FOR HEALTHY WHEAT CROP GROWTH 96
6.11 KEY CONFERENCES AND EVENTS IN 2022–2023 97
TABLE 22 BIOSTIMULANTS MARKET: DETAILED LIST OF CONFERENCES AND EVENTS 97
6.12 PORTER’S FIVE FORCES ANALYSIS 97
TABLE 23 PORTER’S FIVE FORCES IMPACT ON BIOSTIMULANTS MARKET 98
6.12.1 INTENSITY OF COMPETITIVE RIVALRY 98
6.12.1.1 Market concentration 98
6.12.1.2 Low entry/exit barriers 98
6.12.1.3 Availability of technologies with new entrants 98
6.12.2 BARGAINING POWER OF SUPPLIERS 98
6.12.2.1 Availability of raw materials 99
6.12.2.2 Supplier concentration & confidence 99
6.12.2.3 Low regulatory barriers to existing as well as new entrants 99
6.12.3 BARGAINING POWER OF BUYERS 99
6.12.3.1 Increase in health concerns among consumers 99
6.12.3.2 Government support to farmers 99
6.12.4 THREAT OF SUBSTITUTES 100
6.12.4.1 Synthetic agrichemicals are harmful to health 100
6.12.4.2 Increase in price of substitutes 100
6.12.5 THREAT OF NEW ENTRANTS 100
6.12.5.1 Low entry barriers 100
6.13 KEY STAKEHOLDERS AND BUYING CRITERIA 101
6.13.1 KEY STAKEHOLDERS IN BUYING PROCESS 101
FIGURE 36 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE MODES OF APPLICATION 101
TABLE 24 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE MODES OF APPLICATION 101
6.13.2 BUYING CRITERIA 102
FIGURE 37 KEY BUYING CRITERIA FOR TOP THREE MODES OF APPLICATION 102
TABLE 25 KEY BUYING CRITERIA FOR TOP THREE MODES OF APPLICATION 102
6.14 REGULATORY FRAMEWORK 103
6.14.1 NORTH AMERICA 103
6.14.1.1 US 103
6.14.1.2 Mexico 103
6.14.1.3 Canada 103
6.14.2 EUROPE 105
6.14.2.1 Austria 107
6.14.2.2 France 107
6.14.2.3 Germany 107
6.14.2.4 Italy 107
6.14.2.5 Ireland 107
6.14.2.6 Spain 108
6.14.2.7 UK 108
6.14.3 ASIA PACIFIC 108
6.14.3.1 India 108
6.14.3.2 China 109
6.14.3.3 Australia 109
6.14.4 SOUTH AMERICA 112
6.14.4.1 Brazil 112
6.14.4.2 Chile 113
6.14.5 SOUTH AFRICA 113
6.14.6 MIDDLE EAST 113
6.14.6.1 Egypt 113
6.14.6.2 UAE 113
6.15 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 114
TABLE 26 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 114
TABLE 27 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 114
TABLE 28 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 115
TABLE 29 SOUTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 116
TABLE 30 MIDDLE EAST: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 116
7 BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT 117
7.1 INTRODUCTION 118
FIGURE 38 BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023 VS. 2028 (USD MILLION) 118
TABLE 31 BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION) 119
TABLE 32 BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION) 119
TABLE 33 BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (KT) 119
TABLE 34 BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (KT) 120
7.2 HUMIC SUBSTANCES 120
7.2.1 ABILITY TO HOLD WATER, STABILIZE SOIL TEMPERATURE, PREVENT WATER EVAPORATION, AND FACILITATE NUTRIENT UPTAKE TO DRIVE MARKET 120
TABLE 35 HUMIC SUBSTANCES: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (USD MILLION) 121
TABLE 36 HUMIC SUBSTANCES: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (USD MILLION) 121
TABLE 37 HUMIC SUBSTANCES: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (KT) 121
TABLE 38 HUMIC SUBSTANCES: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (KT) 122
TABLE 39 HUMIC SUBSTANCES: BIOSTIMULANTS MARKET, BY TYPE, 2018–2022 (USD MILLION) 122
TABLE 40 HUMIC SUBSTANCES: BIOSTIMULANTS MARKET, BY TYPE, 2023–2028 (USD MILLION) 122
7.3 SEAWEED EXTRACTS 123
7.3.1 NEED TO BOOST SOIL FERTILITY, ENHANCE SEED GERMINATION, AND IMPROVE CROP PRODUCTIVITY TO FUEL DEMAND FOR SEAWEED EXTRACTS 123
TABLE 41 SEAWEED EXTRACTS: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (USD MILLION) 124
TABLE 42 SEAWEED EXTRACTS: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (USD MILLION) 125
TABLE 43 SEAWEED EXTRACTS: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (KT) 125
TABLE 44 SEAWEED EXTRACTS: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (KT) 125
7.4 AMINO ACIDS 126
7.4.1 GROWING AWARENESS REGARDING ROLE OF AMINO ACIDS IN PLANT GROWTH TO PROPEL ITS DEMAND 126
TABLE 45 AMINO ACIDS: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (USD MILLION) 126
TABLE 46 AMINO ACIDS: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (USD MILLION) 127
TABLE 47 AMINO ACIDS: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (KT) 127
TABLE 48 AMINO ACIDS: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (KT) 127
7.5 MICROBIAL AMENDMENTS 128
7.5.1 NEED TO ENHANCE GROWTH AND NUTRIENT UPTAKE OF PLANTS AND IMPROVE SOIL CONDITIONS TO PROPEL MARKET 128
FIGURE 39 GLOBAL CULTURE COLLECTIONS, 2020 128
7.5.1.1 Bacterial biostimulants 128
7.5.1.2 Fungal biostimulants 129
TABLE 49 MICROBIAL AMENDMENTS: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (USD MILLION) 129
TABLE 50 MICROBIAL AMENDMENTS: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (USD MILLION) 129
TABLE 51 MICROBIAL AMENDMENTS: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (KT) 130
TABLE 52 MICROBIAL AMENDMENTS: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (KT) 130
7.6 OTHER ACTIVE INGREDIENTS 130
TABLE 53 OTHER ACTIVE INGREDIENTS: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (USD MILLION) 131
TABLE 54 OTHER ACTIVE INGREDIENTS: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (USD MILLION) 131
TABLE 55 OTHER ACTIVE INGREDIENTS: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (KT) 131
TABLE 56 OTHER ACTIVE INGREDIENTS: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (KT) 132
8 BIOSTIMULANTS MARKET, BY CROP TYPE 133
8.1 INTRODUCTION 134
FIGURE 40 BIOSTIMULANTS MARKET, BY CROP TYPE, 2023 VS. 2028 (USD MILLION) 134
TABLE 57 BIOSTIMULANTS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 135
TABLE 58 BIOSTIMULANTS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 135
8.2 CEREALS & GRAINS 135
8.2.1 INCREASING EFFICIENCY OF NITROGEN FERTILIZER AND GROWING CROP YIELD TO DRIVE DEMAND FOR BIOSTIMULANTS IN CEREALS AND GRAINS 135
TABLE 59 CEREALS & GRAINS: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (USD MILLION) 136
TABLE 60 CEREALS & GRAINS: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (USD MILLION) 136
TABLE 61 CEREALS & GRAINS: BIOSTIMULANTS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 136
TABLE 62 CEREALS & GRAINS: BIOSTIMULANTS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 137
8.2.2 CORN 137
8.2.2.1 Biostimulants to enhance growth of nodal root system in corn seedlings and prevent damage from weather 137
8.2.3 WHEAT 137
8.2.3.1 Biostimulants to increase crop yields and maintain sustainability while reducing costs 137
8.2.4 RICE 137
8.2.4.1 Rising demand for rice as staple diet and need for enhanced yield to propel market 137
8.2.5 OTHER CEREALS & GRAINS 138
8.3 OILSEEDS & PULSES 138
8.3.1 RISING NEED TO INCREASE PLANT TOLERANCE TO ABIOTIC STRESS 138
TABLE 63 OILSEEDS & PULSES: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (USD MILLION) 139
TABLE 64 OILSEEDS & PULSES: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (USD MILLION) 139
TABLE 65 OILSEEDS & PULSES: BIOSTIMULANTS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 139
TABLE 66 OILSEEDS & PULSES: BIOSTIMULANTS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 140
8.3.2 SOYBEAN 140
8.3.2.1 Growing demand for soybeans and need for rising crop yield in even low water availability to propel market 140
8.3.3 SUNFLOWER 140
8.3.3.1 Biostimulants to improve vegetative and reproductive growth and increase yield and quality 140
8.3.4 OTHER OILSEEDS & PULSES 141
8.4 FRUITS & VEGETABLES 141
8.4.1 INCREASED GLOBAL CONSUMPTION OF FRUITS AND VEGETABLES AND HIGH EXPORT POTENTIAL TO PROPEL MARKET 141
TABLE 67 FRUITS & VEGETABLES: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (USD MILLION) 142
TABLE 68 FRUITS & VEGETABLES: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (USD MILLION) 142
TABLE 69 FRUITS & VEGETABLES: BIOSTIMULANTS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 143
TABLE 70 FRUITS & VEGETABLES: BIOSTIMULANTS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 143
8.4.2 POME FRUITS 143
8.4.2.1 Rising need to improve balanced intake of key nutrients to boost demand for biostimulants 143
8.4.3 CITRUS FRUITS 144
8.4.3.1 Need to improve plant’s metabolism, induce yield, and enhance crop quality and soil fertility to drive market 144
8.4.4 BERRIES 144
8.4.4.1 Biostimulants to enhance nutrient absorption and increase tolerance to abiotic stresses in berries 144
8.4.5 ROOT & TUBER VEGETABLES 144
8.4.5.1 Need for higher yields, reduced nitrate accumulation, and improved overall plant growth to propel market 144
8.4.6 LEAFY VEGETABLES 145
8.4.6.1 Need to improve yields and increase resistance to natural calamities to propel market 145
8.4.7 OTHER FRUITS & VEGETABLES 145
8.5 FLOWERS & ORNAMENTALS 146
8.5.1 BIOSTIMULANTS TO PROMOTE HEALTH AND VITALITY AND ENHANCE NUTRIENT UPTAKE, EFFICIENCY, AND STRESS TOLERANCE OF FLOWERS AND ORNAMENTAL PLANTS 146
TABLE 71 FLOWERS & ORNAMENTALS: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (USD MILLION) 146
TABLE 72 FLOWERS & ORNAMENTALS: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (USD MILLION) 147
8.6 OTHER CROP TYPES 147
TABLE 73 OTHER CROP TYPES: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (USD MILLION) 147
TABLE 74 OTHER CROP TYPES: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (USD MILLION) 148
9 BIOSTIMULANTS MARKET, BY MODE OF APPLICATION 149
9.1 INTRODUCTION 150
FIGURE 41 BIOSTIMULANTS MARKET, BY MODE OF APPLICATION, 2023 VS. 2028 (USD MILLION) 150
TABLE 75 BIOSTIMULANTS MARKET, BY MODE OF APPLICATION, 2018–2022 (USD MILLION) 150
TABLE 76 BIOSTIMULANTS MARKET, BY MODE OF APPLICATION, 2023–2028 (USD MILLION) 151
9.2 SEED TREATMENT 151
9.2.1 NEED FOR FASTER, ENVIRONMENTALLY FRIENDLY SOWING TECHNOLOGY TO PROPEL MARKET 151
TABLE 77 SEED TREATMENT: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (USD MILLION) 152
TABLE 78 SEED TREATMENT: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (USD MILLION) 152
9.3 SOIL TREATMENT 153
9.3.1 NEED TO REPLENISH SOIL HEALTH, PROMOTE PLANT GROWTH, AND IMPROVE SOIL STRUCTURE TO DRIVE MARKET 153
TABLE 79 SOIL TREATMENT: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (USD MILLION) 153
TABLE 80 SOIL TREATMENT: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (USD MILLION) 154
9.4 FOLIAR TREATMENT 154
9.4.1 NEED TO ENHANCE EFFECT OF BIOACTIVE MOLECULES ON CROP GROWTH AND IMPROVE BETTER ABSORPTION AND UPTAKE OF MICRONUTRIENTS TO DRIVE MARKET 154
TABLE 81 FOLIAR TREATMENT: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (USD MILLION) 154
TABLE 82 FOLIAR TREATMENT: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (USD MILLION) 155
10 BIOSTIMULANTS MARKET, BY FORMULATION 156
10.1 INTRODUCTION 157
FIGURE 42 BIOSTIMULANTS MARKET, BY FORMULATION, 2023 VS. 2028 (USD MILLION) 157
TABLE 83 BIOSTIMULANTS MARKET, BY FORMULATION, 2018–2022 (USD MILLION) 157
TABLE 84 BIOSTIMULANTS MARKET, BY FORMULATION, 2023–2028 (USD MILLION) 158
10.2 LIQUID 158
10.2.1 EASE OF APPLICATION, RAPID ABSORPTION, AND IMPROVED PRECISION FARMING, AND FOLIAR APPLICATION TO PROPEL MARKET 158
TABLE 85 LIQUID: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (USD MILLION) 159
TABLE 86 LIQUID: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (USD MILLION) 159
10.3 DRY 160
10.3.1 REDUCED RISK OF CONTAMINATION TO BOOST DEMAND FOR DRY APPLICATION OF BIOSTIMULANTS 160
TABLE 87 DRY: BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (USD MILLION) 160
TABLE 88 DRY: BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (USD MILLION) 161
11 BIOSTIMULANTS MARKET, BY REGION 162
11.1 INTRODUCTION 163
FIGURE 43 IMPACT OF CLIMATE CHANGE ON CROP PRODUCTION, BY CROP TYPE, 2019 (MILLION TONS/YEAR) 163
FIGURE 44 INDIA TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 164
TABLE 89 BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (USD MILLION) 164
TABLE 90 BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (USD MILLION) 165
TABLE 91 BIOSTIMULANTS MARKET, BY REGION, 2018–2022 (KT) 165
TABLE 92 BIOSTIMULANTS MARKET, BY REGION, 2023–2028 (KT) 165
11.2 NORTH AMERICA 166
TABLE 93 NORTH AMERICA: BIOSTIMULANTS MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 166
TABLE 94 NORTH AMERICA: BIOSTIMULANTS MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 166
TABLE 95 NORTH AMERICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION) 167
TABLE 96 NORTH AMERICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION) 167
TABLE 97 NORTH AMERICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (KT) 167
TABLE 98 NORTH AMERICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (KT) 168
TABLE 99 NORTH AMERICA: BIOSTIMULANTS MARKET, BY APPLICATION METHOD, 2018–2022 (USD MILLION) 168
TABLE 100 NORTH AMERICA: BIOSTIMULANTS MARKET, BY APPLICATION METHOD, 2023–2028 (USD MILLION) 168
TABLE 101 NORTH AMERICA: BIOSTIMULANTS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 169
TABLE 102 NORTH AMERICA: BIOSTIMULANTS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 169
TABLE 103 NORTH AMERICA: BIOSTIMULANTS MARKET, BY FORMULATION, 2018–2022 (USD MILLION) 169
TABLE 104 NORTH AMERICA: BIOSTIMULANTS MARKET, BY FORMULATION, 2023–2028 (USD MILLION) 170
11.2.1 NORTH AMERICAN BIOSTIMULANTS MARKET: RECESSION IMPACT ANALYSIS 170
FIGURE 45 NORTH AMERICA: INFLATION RATES, BY KEY COUNTRY, 2018–2021 171
FIGURE 46 NORTH AMERICAN BIOSTIMULANTS MARKET: RECESSION IMPACT ANALYSIS 172
11.2.2 US 172
11.2.2.1 Need for high-yield and quality crops, changing agricultural practices, and precision farming to drive market 172
FIGURE 47 ORGANIC FOOD MARKET FOR KEY COUNTRIES, 2020 (USD BILLION) 173
TABLE 105 US: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION) 173
TABLE 106 US: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION) 174
11.2.3 CANADA 174
11.2.3.1 Rising demand for organic food and growing awareness of organic agricultural inputs to propel market 174
TABLE 107 CANADA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION) 175
TABLE 108 CANADA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION) 175
11.2.4 MEXICO 175
11.2.4.1 Rising organic farming and growing adoption of technologies among farmers to propel market 175
TABLE 109 MEXICO: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION) 176
TABLE 110 MEXICO: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION) 176
11.3 EUROPE 177
FIGURE 48 EUROPE: MARKET SNAPSHOT 178
TABLE 111 EUROPE: BIOSTIMULANTS MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 179
TABLE 112 EUROPE: BIOSTIMULANTS MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 179
TABLE 113 EUROPE: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION) 179
TABLE 114 EUROPE: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION) 180
TABLE 115 EUROPE: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (KT) 180
TABLE 116 EUROPE: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (KT) 180
TABLE 117 EUROPE: BIOSTIMULANTS MARKET, BY APPLICATION METHOD, 2018–2022 (USD MILLION) 181
TABLE 118 EUROPE: BIOSTIMULANTS MARKET, BY APPLICATION METHOD, 2023–2028 (USD MILLION) 181
TABLE 119 EUROPE: BIOSTIMULANTS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 181
TABLE 120 EUROPE: BIOSTIMULANTS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 182
TABLE 121 EUROPE: BIOSTIMULANTS MARKET, BY FORMULATION, 2018–2022 (USD MILLION) 182
TABLE 122 EUROPE: BIOSTIMULANTS MARKET, BY FORMULATION, 2023–2028 (USD MILLION) 182
11.3.1 EUROPEAN BIOSTIMULANTS MARKET: RECESSION IMPACT ANALYSIS 182
FIGURE 49 EUROPE: INFLATION RATES, BY KEY COUNTRY, 2017–2021 183
FIGURE 50 EUROPEAN BIOSTIMULANTS MARKET: RECESSION IMPACT ANALYSIS 184
11.3.2 SPAIN 184
11.3.2.1 Need for sustainable agricultural method, prevention of soil salinization, and organic farming to propel market 184
FIGURE 51 AGRICULTURAL OUTPUT IN SPAIN, 2018–2020 (USD MILLION) 184
TABLE 123 SPAIN: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION) 185
TABLE 124 SPAIN: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION) 185
11.3.3 ITALY 185
11.3.3.1 Government initiatives to promote use of biostimulants to drive market 185
TABLE 125 ITALY: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION) 186
TABLE 126 ITALY: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION) 186
11.3.4 FRANCE 187
11.3.4.1 Need to implement sustainable farming practices to fuel demand for biostimulants 187
TABLE 127 FRANCE: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION) 187
TABLE 128 FRANCE: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION) 188
11.3.5 GERMANY 188
11.3.5.1 Rising vegan population and demand for organic food products to drive market 188
TABLE 129 GERMANY: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION) 188
TABLE 130 GERMANY: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION) 189
11.3.6 UK 189
11.3.6.1 Rising modernization and mechanization in agriculture and relatively smoother regulatory process to propel market 189
FIGURE 52 VEGETABLE PRODUCTION TRENDS IN UK, 2015–2018 (MILLION TONS) 189
TABLE 131 UK: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION) 190
TABLE 132 UK: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION) 190
11.3.7 RUSSIA 190
11.3.7.1 Shift to sustainable and organic products and adoption of modern sustainable farming methods to drive market 190
TABLE 133 RUSSIA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION) 191
TABLE 134 RUSSIA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION) 191
11.3.8 REST OF EUROPE 191
TABLE 135 REST OF EUROPE: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION) 192
TABLE 136 REST OF EUROPE: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION) 192
11.4 ASIA PACIFIC 193
FIGURE 53 AGRICULTURAL PRODUCTION IN ASIA, BY CROP TYPE, 2017–2019 (MILLION TONS) 193
FIGURE 54 ASIA PACIFIC: MARKET SNAPSHOT 194
TABLE 137 ASIA PACIFIC: BIOSTIMULANTS MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 195
TABLE 138 ASIA PACIFIC: BIOSTIMULANTS MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 195
TABLE 139 ASIA PACIFIC: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION) 195
TABLE 140 ASIA PACIFIC: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION) 196
TABLE 141 ASIA PACIFIC: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (KT) 196
TABLE 142 ASIA PACIFIC: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (KT) 196
TABLE 143 ASIA PACIFIC: BIOSTIMULANTS MARKET, BY APPLICATION METHOD, 2018–2022 (USD MILLION) 197
TABLE 144 ASIA PACIFIC: BIOSTIMULANTS MARKET, BY APPLICATION METHOD, 2023–2028 (USD MILLION) 197
TABLE 145 ASIA PACIFIC: BIOSTIMULANTS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 197
TABLE 146 ASIA PACIFIC: BIOSTIMULANTS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 198
TABLE 147 ASIA PACIFIC: BIOSTIMULANTS MARKET, BY FORMULATION, 2018–2022 (USD MILLION) 198
TABLE 148 ASIA PACIFIC: BIOSTIMULANTS MARKET, BY FORMULATION, 2023–2028 (USD MILLION) 198
11.4.1 ASIA PACIFIC BIOSTIMULANTS MARKET: RECESSION IMPACT ANALYSIS 198
FIGURE 55 ASIA PACIFIC: INFLATION RATES, BY KEY COUNTRY, 2017–2021 199
FIGURE 56 ASIA PACIFIC BIOSTIMULANTS MARKET: RECESSION IMPACT ANALYSIS 200
11.4.2 CHINA 200
11.4.2.1 Growing need to meet export quality norms and launch of National Climate Change Program to drive market 200
FIGURE 57 COMMODITY EXPORTS FROM CHINA, 2016–2020 (USD MILLION) 200
TABLE 149 CHINA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION) 201
TABLE 150 CHINA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION) 201
11.4.3 JAPAN 202
11.4.3.1 Limited agricultural land, need for innovative techniques, and high temperature and high-humidity climate to propel market 202
TABLE 151 JAPAN: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION) 202
TABLE 152 JAPAN: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION) 203
11.4.4 INDIA 203
11.4.4.1 Decrease in arable land and need for high-yielding technologies and maintain export quality standards to propel market 203
TABLE 153 INDIA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION) 204
TABLE 154 INDIA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION) 204
11.4.5 INDONESIA 204
11.4.5.1 Rising cultivation of vegetables and rice and government initiatives to minimize synthetic agrochemicals to drive market 204
FIGURE 58 ORGANIC PACKAGED FOOD AND BEVERAGE CONSUMPTION IN INDONESIA, 2016–2020 (USD MILLION) 205
TABLE 155 INDONESIA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION) 205
TABLE 156 INDONESIA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION) 206
11.4.6 AUSTRALIA 206
11.4.6.1 Increasing awareness and growing consumer preference for organic food products to drive market 206
TABLE 157 AUSTRALIA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION) 207
TABLE 158 AUSTRALIA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION) 207
11.4.7 REST OF ASIA PACIFIC 207
TABLE 159 REST OF ASIA PACIFIC: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION) 208
TABLE 160 REST OF ASIA PACIFIC: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION) 208
11.5 SOUTH AMERICA 208
TABLE 161 SOUTH AMERICA: BIOSTIMULANTS MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 209
TABLE 162 SOUTH AMERICA: BIOSTIMULANTS MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 209
TABLE 163 SOUTH AMERICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION) 209
TABLE 164 SOUTH AMERICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION) 210
TABLE 165 SOUTH AMERICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (KT) 210
TABLE 166 SOUTH AMERICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (KT) 210
TABLE 167 SOUTH AMERICA: BIOSTIMULANTS MARKET, BY APPLICATION METHOD, 2018–2022 (USD MILLION) 211
TABLE 168 SOUTH AMERICA: BIOSTIMULANTS MARKET, BY APPLICATION METHOD, 2023–2028 (USD MILLION) 211
TABLE 169 SOUTH AMERICA: BIOSTIMULANTS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 211
TABLE 170 SOUTH AMERICA: BIOSTIMULANTS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 212
TABLE 171 SOUTH AMERICA: BIOSTIMULANTS MARKET, BY FORMULATION, 2018–2022 (USD MILLION) 212
TABLE 172 SOUTH AMERICA: BIOSTIMULANTS MARKET, BY FORMULATION, 2023–2028 (USD MILLION) 212
11.5.1 SOUTH AMERICAN BIOSTIMULANTS MARKET: RECESSION IMPACT ANALYSIS 213
FIGURE 59 SOUTH AMERICA: INFLATION RATES, BY KEY COUNTRY, 2018–2021 213
FIGURE 60 SOUTH AMERICAN BIOSTIMULANTS MARKET: RECESSION IMPACT ANALYSIS 214
11.5.2 BRAZIL 215
11.5.2.1 Need to improve crop quality and maintain soil health and rising consumption of organic food to drive market 215
FIGURE 61 PACKAGED ORGANIC FOOD CONSUMPTION IN BRAZIL, 2016–2020 (USD MILLION) 215
TABLE 173 BRAZIL: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION) 216
TABLE 174 BRAZIL: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION) 216
11.5.3 ARGENTINA 216
11.5.3.1 Requirement of high-quality export crops to fuel demand for biostimulants 216
TABLE 175 ARGENTINA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION) 217
TABLE 176 ARGENTINA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION) 217
11.5.4 REST OF SOUTH AMERICA 217
TABLE 177 REST OF SOUTH AMERICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION) 218
TABLE 178 REST OF SOUTH AMERICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION) 218
11.6 ROW 218
TABLE 179 ROW: BIOSTIMULANTS MARKET, BY SUBREGION, 2018–2022 (USD MILLION) 219
TABLE 180 ROW: BIOSTIMULANTS MARKET, BY SUBREGION, 2023–2028 (USD MILLION) 219
TABLE 181 ROW: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION) 219
TABLE 182 ROW: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION) 219
TABLE 183 ROW: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (KT) 220
TABLE 184 ROW: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (KT) 220
TABLE 185 ROW: BIOSTIMULANTS MARKET, BY APPLICATION METHOD, 2018–2022 (USD MILLION) 220
TABLE 186 ROW: BIOSTIMULANTS MARKET, BY APPLICATION METHOD, 2023–2028 (USD MILLION) 221
TABLE 187 ROW: BIOSTIMULANTS MARKET, BY CROP TYPE, 2018–2022 (USD MILLION) 221
TABLE 188 ROW: BIOSTIMULANTS MARKET, BY CROP TYPE, 2023–2028 (USD MILLION) 221
TABLE 189 ROW: BIOSTIMULANTS MARKET, BY FORMULATION, 2018–2022 (USD MILLION) 222
TABLE 190 ROW: BIOSTIMULANTS MARKET, BY FORMULATION, 2023–2028 (USD MILLION) 222
11.6.1 ROW BIOSTIMULANTS MARKET: RECESSION IMPACT ANALYSIS 222
FIGURE 62 ROW: INFLATION RATES, BY KEY COUNTRY, 2018–2021 222
FIGURE 63 ROW BIOSTIMULANTS MARKET: RECESSION IMPACT ANALYSIS 223
11.6.2 AFRICA 224
11.6.2.1 Growing need to develop heat-resilient crops for high output to propel market 224
TABLE 191 AFRICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION) 224
TABLE 192 AFRICA: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION) 225
11.6.3 MIDDLE EAST 225
11.6.3.1 Increasing domestic consumption of crops and need for improvement in crop yield to drive market 225
TABLE 193 MIDDLE EAST: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2018–2022 (USD MILLION) 226
TABLE 194 MIDDLE EAST: BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENT, 2023–2028 (USD MILLION) 226
12 COMPETITIVE LANDSCAPE 227
12.1 OVERVIEW 227
12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 228
TABLE 195 OVERVIEW OF STRATEGIES ADOPTED BY KEY BIOSTIMULANTS VENDORS 228
12.3 REVENUE ANALYSIS 229
FIGURE 64 REVENUE ANALYSIS FOR KEY PLAYERS IN LAST 5 YEARS 229
12.4 ANNUAL REVENUE VS. GROWTH (KEY PLAYERS) 230
FIGURE 65 ANNUAL REVENUE, 2022 (USD BILLION) VS. REVENUE GROWTH, 2020–2022 230
12.5 EBITDA ANALYSIS FOR KEY PLAYERS, BY KEY REGION 231
FIGURE 66 BIOSTIMULANTS MARKET: EBITDA ANALYSIS FOR KEY PLAYERS, BY KEY REGION, 2022 (USD BILLION) 231
12.6 MARKET SHARE ANALYSIS 231
TABLE 196 BIOSTIMULANTS MARKET: DEGREE OF COMPETITION (COMPETITIVE), 2022 232
12.7 GLOBAL SNAPSHOT OF KEY MARKET PARTICIPANTS 232
FIGURE 67 GLOBAL SNAPSHOT OF KEY PARTICIPANTS, 2022 232
12.8 COMPANY EVALUATION MATRIX 233
12.8.1 STARS 233
12.8.2 EMERGING LEADERS 233
12.8.3 PERVASIVE PLAYERS 233
12.8.4 PARTICIPANTS 234
FIGURE 68 BIOSTIMULANTS MARKET COMPANY EVALUATION MATRIX, 2022 234
12.9 COMPETITIVE BENCHMARKING 235
TABLE 197 COMPANY CROP TYPE FOOTPRINT 235
TABLE 198 COMPANY FORMULATION TYPE FOOTPRINT 236
TABLE 199 COMPANY REGION FOOTPRINT 237
TABLE 200 OVERALL COMPANY FOOTPRINT 238
12.10 START-UP/SME EVALUATION MATRIX 239
12.10.1 PROGRESSIVE COMPANIES 239
12.10.2 STARTING BLOCKS 239
12.10.3 RESPONSIVE COMPANIES 239
12.10.4 DYNAMIC COMPANIES 239
FIGURE 69 BIOSTIMULANTS MARKET START-UP/SME EVALUATION MATRIX, 2022 240
12.11 COMPETITIVE BENCHMARKING 241
TABLE 201 BIOSTIMULANTS MARKET: DETAILED LIST OF KEY START-UPS/SMES 241
TABLE 202 BIOSTIMULANTS MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES 242
12.12 COMPETITIVE SCENARIO 243
12.12.1 PRODUCT LAUNCHES 243
TABLE 203 PRODUCT LAUNCHES, 2018–2023 243
12.12.2 DEALS 244
TABLE 204 DEALS, 2018–2023 244
12.12.3 OTHERS 252
TABLE 205 OTHERS, 2018–2023 252
13 COMPANY PROFILES 254
13.1 INTRODUCTION 254
13.2 KEY PLAYERS 254
(Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments)*
13.2.1 BASF SE 254
TABLE 206 BASF SE: COMPANY OVERVIEW 254
FIGURE 70 BASF SE: COMPANY SNAPSHOT 255
TABLE 207 BASF SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 255
TABLE 208 BASF SE: DEALS 256
13.2.2 UPL 259
TABLE 209 UPL: COMPANY OVERVIEW 259
FIGURE 71 UPL: COMPANY SNAPSHOT 260
TABLE 210 UPL: PRODUCTS/SOLUTIONS/SERVICES OFFERED 260
TABLE 211 UPL: DEALS 262
13.2.3 FMC CORPORATION 264
TABLE 212 FMC CORPORATION: COMPANY OVERVIEW 264
FIGURE 72 FMC CORPORATION: COMPANY SNAPSHOT 265
TABLE 213 FMC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 265
TABLE 214 FMC CORPORATION: OTHERS 266
13.2.4 RALLIS INDIA LIMITED 267
TABLE 215 RALLIS INDIA LIMITED: COMPANY OVERVIEW 267
FIGURE 73 RALLIS INDIA LIMITED: COMPANY SNAPSHOT 268
TABLE 216 RALLIS INDIA LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED 268
13.2.5 ADAMA LTD. 270
TABLE 217 ADAMA LTD.: COMPANY OVERVIEW 270
FIGURE 74 ADAMA LTD.: COMPANY SNAPSHOT 271
TABLE 218 ADAMA LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 271
TABLE 219 ADAMA LTD.: DEALS 272
13.2.6 COROMANDEL INTERNATIONAL LIMITED 274
TABLE 220 COROMANDEL INTERNATIONAL LIMITED: COMPANY OVERVIEW 274
FIGURE 75 COROMANDEL INTERNATIONAL LIMITED: COMPANY SNAPSHOT 275
TABLE 221 COROMANDEL INTERNATIONAL LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED 275
13.2.7 VALAGRO SPA 277
TABLE 222 VALAGRO SPA: COMPANY OVERVIEW 277
TABLE 223 VALAGRO SPA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 277
TABLE 224 VALAGRO SPA: PRODUCT LAUNCHES 280
TABLE 225 VALAGRO SPA: DEALS 281
TABLE 226 VALAGRO SPA: OTHERS 282
13.2.8 GOWAN COMPANY 284
TABLE 227 GOWAN COMPANY: COMPANY OVERVIEW 284
TABLE 228 GOWAN COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED 284
TABLE 229 GOWAN COMPANY: DEALS 285
13.2.9 ILSA S.P.A. 286
TABLE 230 ILSA S.P.A.: COMPANY OVERVIEW 286
TABLE 231 ILSA S.P.A.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 286
TABLE 232 ILSA S.P.A.: DEALS 291
13.2.10 HAIFA GROUP 293
TABLE 233 HAIFA GROUP: COMPANY OVERVIEW 293
TABLE 234 HAIFA GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED 293
TABLE 235 HAIFA GROUP: DEALS 294
13.2.11 BIOVERT S.L. 296
TABLE 236 BIOVERT S.L.: COMPANY OVERVIEW 296
TABLE 237 BIOVERT S.L.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 296
TABLE 238 BIOVERT S.L.: PRODUCT LAUNCHES 300
13.2.12 KOPPERT 301
TABLE 239 KOPPERT: COMPANY OVERVIEW 301
TABLE 240 KOPPERT: PRODUCTS/SOLUTIONS/SERVICES OFFERED 301
TABLE 241 KOPPERT: DEALS 303
13.2.13 AGRITECNO BIOSTIMULANTS AND PLANT NUTRITION 305
TABLE 242 AGRITECNO BIOSTIMULANTS AND PLANT NUTRITION: COMPANY OVERVIEW 305
TABLE 243 AGRITECNO BIOSTIMULANTS AND PLANT NUTRITION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 305
13.2.14 AXEB BIOTECH SL 307
TABLE 244 AXEB BIOTECH SL: COMPANY OVERVIEW 307
TABLE 245 AXEB BIOTECH SL: PRODUCTS/SOLUTIONS/SERVICES OFFERED 307
13.2.15 MAFA BIOSCIENCE 309
TABLE 246 MAFA BIOSCIENCE: COMPANY OVERVIEW 309
TABLE 247 MAFA BIOSCIENCE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 309
13.3 START-UPS/SMES 311
13.3.1 LAWRIECO 311
TABLE 248 LAWRIECO: COMPANY OVERVIEW 311
TABLE 249 LAWRIECO: PRODUCTS/SOLUTIONS/SERVICES OFFERED 311
13.3.2 DEVI CROPSCIENCE 313
TABLE 250 DEVI CROPSCIENCE: COMPANY OVERVIEW 313
TABLE 251 DEVI CROPSCIENCE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 313
13.3.3 BIOFLORA 314
TABLE 252 BIOFLORA: COMPANY OVERVIEW 314
TABLE 253 BIOFLORA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 314
13.3.4 AGRICEN 316
TABLE 254 AGRICEN: COMPANY OVERVIEW 316
TABLE 255 AGRICEN: PRODUCTS/SOLUTIONS/SERVICES OFFERED 316
13.3.5 OMNIA SPECIALITIES PTY 317
TABLE 256 OMNIA SPECIALITIES PTY: COMPANY OVERVIEW 317
TABLE 257 OMNIA SPECIALITIES PTY: PRODUCTS/SOLUTIONS/SERVICES OFFERED 317
13.3.6 KELP PRODUCTS INTERNATIONAL 318
TABLE 258 KELP PRODUCTS INTERNATIONAL: COMPANY OVERVIEW 318
13.3.7 AFRIKELP 319
TABLE 259 AFRIKELP: COMPANY OVERVIEW 319
13.3.8 AMINOCORE 320
TABLE 260 AMINOCORE: COMPANY OVERVIEW 320
13.3.9 APHEA.BIO 320
TABLE 261 APHEA.BIO: COMPANY OVERVIEW 320
13.3.10 SOUTH AGRO 321
TABLE 262 SOUTH AGRO: COMPANY OVERVIEW 321
*Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments might not be captured in case of unlisted companies.
14 ADJACENT & RELATED MARKETS 322
14.1 INTRODUCTION 322
14.2 BIOPESTICIDES MARKET 322
14.2.1 MARKET DEFINITION 322
14.2.2 MARKET OVERVIEW 323
14.2.3 BIOPESTICIDES MARKET, BY SOURCE 323
TABLE 263 BIOPESTICIDES MARKET, BY SOURCE, 2019–2022 (USD MILLION) 323
TABLE 264 BIOPESTICIDES MARKET, BY SOURCE, 2023–2028 (USD MILLION) 324
14.3 AGRICULTURAL BIOLOGICALS MARKET 324
14.3.1 MARKET DEFINITION 324
14.3.2 MARKET OVERVIEW 324
14.3.3 AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION 324
TABLE 265 AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2018–2022 (USD MILLION) 325
TABLE 266 AGRICULTURAL BIOLOGICALS MARKET, BY FUNCTION, 2023–2028 (USD MILLION) 325
15 APPENDIX 326
15.1 DISCUSSION GUIDE 326
15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 331
15.3 CUSTOMIZATION OPTIONS 333
15.4 RELATED REPORTS 333
15.5 AUTHOR DETAILS 334
↓