Latin America Biostimulants Market Research Report- Forecast to 2023

Latin America Biostimulants Market Research Report- Forecast to 2023

ID: MRFR/F-B & N/2087-CRR | May, 2017 | Region: Global | 120 pages | Cooked Research Reports

Latin America Biostimulants Market Information- With Respect To Type (Natural And Synthetic), Crop Type (Fruits & Vegetables, Row Crops, Turfs & Ornaments And Others), Application (Seed Treatment, Foliar Treatment, Soil Treatment), Active Ingredient (Acid Based, Extracts, And Others), Acid Based Ingredients (Humic Acid, Fulvic Acid, Amino Acid), Extract Based Ingredients (Microbial, Plant, Seaweed) And Country - Forecast Till 2023


Report Description
Market Scenario
Biostimulants can be any microorganism or substance applied to plants or soils to regulate and improve the crop’s physiological processes and bring in nutrient efficiency by enhancing crop vigour, quality and post-harvest shelf life/conservation. Biostimulants supplied to the user, differ in formulations with the intention to foster plant growth and development throughout the crop life cycle beginning from seed germination to plant maturity.

Latin America has significant resources of unexploited agricultural land (concentrated in Brazil and Argentina) and it will continue to play a vital role in global food production and exports in the future. The region has been involved in the production and export of diverse range of agricultural commodities ranging from coffee in Brazil. The need to improve agricultural yield will be a pivotal factor to meet domestic food demand and maintain export competitiveness at regional level. All these factors will influence the demand of biostimulants and will lead to surge in sales of biostimulants. Globally the market for biostimulants is estimated to grow at the rate of about 13.40% from 2017 to 2023.

Regional Analysis
The Latin America Biostimulants market includes countries such as Brazil, Argentina, Mexico and rest of Latin America. Among these Brazil dominates the market and will continue to dominate the market during the forecast period 2017-2023. Mexico is estimated to grow at a highest CAGR during the forecast period, rising demand for organic food ingredients and clean label food & beverages in recent years has been observed.


Segments

Biostimulants market by type has been segmented into natural and synthetic. On the basis of crop type, market is segmented into fruits & vegetables, row crops, turfs & ornaments and others. On basis of application, market is segmented into seed treatment, foliar treatment, soil treatment. On basis of active ingredients, market is segmented into acid based, extracts, and others. On basis of acid based ingredients, market is segmented into humic acid, fulvic acid, amino acid. On basis of extract based ingredients, market is segmented into microbial, plant, seaweed.

Key Players
The leading market players in the Latin America Biostimulants market primarily are BASF SE (Germany), Sapec Group (Trade Corporation International) (Spain), Arysta Life Science Limited (Japan), Isagro S.P.A (Italy), Valagro S.P.A (Italy), Koppert B.V (The Netherlands), Italpollina (Italy) 


Target Audience



  • Biostimulants manufacturers

  • Raw material suppliers

  • End users

  • Retailers & wholesalers

  • E-commerce companies

  • Traders, importers and exporters


Key Findings



  • Natural Biostimulants is projected to dominate the market and will grow at a CAGR of 11.08%

  • Foliar treatment will dominate the market and grow at a CAGR of 10.44%

  • Brazil will continue to dominate the Latin America biostimulant market followed by Argentina during forecast period

  • Acid based dominated the active ingredient market and humic acid dominated acid active ingredient market.

  • Fruits and vegetables will grow at a higher CAGR of 11.14% 


Regional and Country Analysis of Biostimulants Market Development and Demand Forecast to 2023 Market


As per the MRFR analysis, the Latin America Biostimulants value market is poised to reach USD 491.24 Million in 2023, to grow at a CAGR of 13.40 % during the forecast period.


The reports also cover country level analysis:


Latin America


  • Brazil

  • Mexico

  • Argentina

  • Rest of Latin America

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TABLE OF CONTENTS

2.1 Definition 14

2.1.1 Biostimulants 14

2.2 Scope of the Study 14

2.2.1 Research Methodology 14

2.3 Assumptions 14

2.4 Limitations 15

2.5 Market Structure 15

3.1 Research Process 17

3.2 Primary Research 18

3.3 Secondary Research 20

3.4 Forecast Model 21

4.1 Latin American Biostimulants Market: Market Mapping & Research Methodology 22

4.2 Market Overview: Latin American Biostimulants Market 23

4.3 Industry Trends and Market Environment: Latin American Biostimulants Market 24

4.4 Brazil 25

4.5 Argentina 27

4.6 Mexico 30

5.1 Introduction 33

5.2 Drivers 34

5.2.1 Growing food demand due to rising global population 34

5.2.2 Climate Change and Need of Sustainable Agriculture 35

5.2.3 Easier Raw Material Availability and Efficiency in Production 35

5.2.4 Rising Demand of Organic Products and Horticulture Crops 36

5.2.5 Restore Soil Degradation and Improve Soil Quality 36

5.3 Restraints 37

5.3.1 Lack of Awareness Among Farmers 37

5.3.2 Rising Cost and High Cost of Production 37

5.4 Opportunity 37

5.4.1 Huge Investments in R&D and New Product Developments 37

5.4.2 Government Initiatives and Funding to Support the Farmers 38

5.4.3 Increasing demand of clean label products 38

5.5 Challenges 38

5.5.1 Unclear Legislations of Biostimulants 38

5.5.2 Increasing Number of Players with Similar Formulations 39

6.1 Biostimulants will Fuel Next Wave of Growth 40

6.2 Trade (Import-Export) Analysis 40

6.3 Innovation in application and process 43

6.4 Macroeconomic Indicators Analysis 47

7.1 Introduction 50

7.2 Value Chain Analysis 50

7.3 Supply Chain Analysis 51

7.4 Porter's Five Forces 52

7.4.1 Porter's 5 Forces Analysis: Biostimulants 53

7.4.2 Threat of New Entrants 53

7.4.3 Threat of Substitutes 54

7.4.4 Bargaining Power of Buyers 55

7.4.5 Bargaining Power of Suppliers 55

7.4.6 Intensity of Rivalry 56

8.1 Introduction 57

9.1 Introduction 60

9.1.1 Advent of Modern Agriculture and Use Of Biostimulants 60

9.1.2 Latin America 61

9.2 Brazil 64

9.2.1 Introduction 64

9.3 Argentina 69

9.3.1 Introduction 69

9.4 Mexico 74

9.4.1 Introduction 74

9.5 Rest of Latin America 79

9.5.1 Introduction 79

14.1 BASF SE (Germany) 94

14.1.1 Overview 94

14.1.2 Product and Specifications 95

14.1.3 Key Development 95

14.1.4 Business Strategy 95

14.1.5 SWOT Analysis 96

14.2 Isagro S.P.A (Italy) 97

14.2.1 Overview 97

14.2.2 Product and Specifications 97

14.2.3 Key Developments 97

14.2.4 Business Strategy 98

14.2.5 SWOT Analysis 99

14.3 Sapec SA (Trade Corporation International) (Spain) 100

14.3.1 Company Profile 100

14.3.2 Product and Specifications 101

14.3.3 Key Developments 102

14.3.4 SWOT Analysis 102

14.4 Valagro S.P.A (Italy) 103

14.4.1 Company Profile 103

14.4.2 Product and Specifications 104

14.4.3 Key Developments 104

14.4.4 Business strategy 105

14.4.5 SWOT Analysis 106

14.5 Koppert B.V (The Netherlands) 107

14.5.1 Company Overview 107

14.5.2 Product and Specifications 108

14.5.3 Key Developments 108

14.5.4 Business strategy 108

14.6 Arysta Life Science Limited (Japan) 109

14.6.1 Company Overview 109

14.6.2 Product & Specification 110

14.6.3 Business strategy 110

14.7 Italpollina SpA (Italy) 111

14.7.1 Company Profile 111

14.7.2 Product and Specifications 111

14.7.3 Business Strategy 112

14.7.4 Key Developments 112

TABLE 1 PESTLE ANALYSIS: ARGENTINA 47
TABLE 2 PESTLE ANALYSIS: BRAZIL 48
TABLE 3 PESTLE ANALYSIS: MEXICO 49
TABLE 4 LIST OF BIOSTIMULANTS WITH ITS ACTIVE COMPOUNDS 59
TABLE 5 LATIN AMERICA BIOSTIMULANTS MARKET, (2010-2016) VALUE USD MILLION 62
TABLE 6 LATIN AMERICA BIOSTIMULANTS MARKET, (2017-2023) VALUE USD MILLION 63
TABLE 7 LATIN AMERICA BIOSTIMULANTS MARKET, (2010-2016) VOLUME (MN HECTARE) 63
TABLE 8 LATIN AMERICA BIOSTIMULANTS MARKET, (2017-2023) VOLUME (MN HECTARE) 64
TABLE 9 BRAZIL BIOSTIMULANTS MARKET, BY TYPES(2010-2016) VALUE USD MILLION 66
TABLE 10 BRAZIL BIOSTIMULANTS MARKET, BY TYPE (2017-2023) VALUE USD MILLION 66
TABLE 11 BRAZIL BIOSTIMULANTS MARKET, BY APPLICATION (2010-2016) VALUE USD MILLION 66
TABLE 12 BRAZIL BIOSTIMULANTS MARKET, BY APPLICATION (2017-2023) VALUE USD MILLION 67
TABLE 13 BRAZIL BIOSTIMULANTS MARKET, BY CROP TYPE (2010-2016) VALUE USD MILLION 67
TABLE 14 BRAZIL BIOSTIMULANTS MARKET, BY CROP TYPE (2017-2023) VALUE USD MILLION 67
TABLE 15 BRAZIL BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENTS (2010-2016) VALUE USD MILLION 68
TABLE 16 BRAZIL BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENTS (2017-2023) VALUE USD MILLION 68
TABLE 17 BRAZIL BIOSTIMULANTS MARKET, BY ACID INGREDIENT SUB-TYPE (2010-2016) VALUE USD MILLION 68
TABLE 18 BRAZIL BIOSTIMULANTS MARKET, BY ACID INGREDIENT SUB-TYPE (2017-2023) VALUE USD MILLION 69
TABLE 19 BRAZIL BIOSTIMULANTS MARKET, BY EXTRACT BASED INGREDIENT SUB-TYPE (2010-2016) VALUE USD MILLION 69
TABLE 20 BRAZIL BIOSTIMULANTS MARKET, BY EXTRACT BASED INGREDIENT SUB-TYPE (2017-2023) VALUE USD MILLION 69
TABLE 21 ARGENTINA BIOSTIMULANTS MARKET, BY TYPES(2010-2016) VALUE USD MILLION 70
TABLE 22 ARGENTINA BIOSTIMULANTS MARKET, BY TYPE (2017-2023) VALUE USD MILLION 70
TABLE 23 ARGENTINA BIOSTIMULANTS MARKET, BY APPLICATION (2010-2016) VALUE USD MILLION 71
TABLE 24 ARGENTINA BIOSTIMULANTS MARKET, BY APPLICATION (2017-2023) VALUE USD MILLION 71
TABLE 25 ARGENTINA BIOSTIMULANTS MARKET, BY CROP TYPE (2010-2016) VALUE USD MILLION 71
TABLE 26 ARGENTINA BIOSTIMULANTS MARKET, BY CROP TYPE (2017-2023) VALUE USD MILLION 72
TABLE 27 ARGENTINA BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENTS (2010-2016) VALUE USD MILLION 72
TABLE 28 ARGENTINA BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENTS (2017-2023) VALUE USD MILLION 72
TABLE 29 ARGENTINA BIOSTIMULANTS MARKET, BY ACID INGREDIENT SUB-TYPE (2010-2016) VALUE USD MILLION 73
TABLE 30 ARGENTINA BIOSTIMULANTS MARKET, BY ACID INGREDIENT SUB-TYPE (2017-2023) VALUE USD MILLION 73
TABLE 31 ARGENTINA BIOSTIMULANTS MARKET, BY EXTRACT BASED INGREDIENT SUB-TYPE (2010-2016) VALUE USD MILLION 73
TABLE 32 ARGENTINA BIOSTIMULANTS MARKET, BY EXTRACT BASED INGREDIENT SUB-TYPE (2017-2023) VALUE USD MILLION 74
TABLE 33 MEXICO BIOSTIMULANTS MARKET, BY TYPES(2010-2016) VALUE USD MILLION 75
TABLE 34 MEXICO BIOSTIMULANTS MARKET, BY TYPE (2017-2023) VALUE USD MILLION 75
TABLE 35 MEXICO BIOSTIMULANTS MARKET, BY APPLICATION (2010-2016) VALUE USD MILLION 76
TABLE 36 MEXICO BIOSTIMULANTS MARKET, BY APPLICATION (2017-2023) VALUE USD MILLION 76
TABLE 37 MEXICO BIOSTIMULANTS MARKET, BY CROP TYPE (2010-2016) VALUE USD MILLION 76
TABLE 38 MEXICO BIOSTIMULANTS MARKET, BY CROP TYPE (2017-2023) VALUE USD MILLION 77
TABLE 39 MEXICO BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENTS (2010-2016) VALUE USD MILLION 77
TABLE 40 MEXICO BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENTS (2017-2023) VALUE USD MILLION 77
TABLE 41 MEXICO BIOSTIMULANTS MARKET, BY ACID INGREDIENT SUB-TYPE (2010-2016) VALUE USD MILLION 78
TABLE 42 MEXICO BIOSTIMULANTS MARKET, BY ACID INGREDIENT SUB-TYPE (2017-2023) VALUE USD MILLION 78
TABLE 43 MEXICO BIOSTIMULANTS MARKET, BY EXTRACT BASED INGREDIENT SUB-TYPE (2010-2016) VALUE USD MILLION 78
TABLE 44 MEXICO BIOSTIMULANTS MARKET, BY EXTRACT BASED INGREDIENT SUB-TYPE (2017-2023) VALUE USD MILLION 79
TABLE 45 REST OF LATIN AMERICA BIOSTIMULANTS MARKET, BY TYPES(2010-2016) VALUE USD MILLION 80
TABLE 46 REST OF LATIN AMERICA BIOSTIMULANTS MARKET, BY TYPE (2017-2023) VALUE USD MILLION 80
TABLE 47 REST OF LATIN AMERICA BIOSTIMULANTS MARKET, BY APPLICATION (2010-2016) VALUE USD MILLION 81
TABLE 48 REST OF LATIN AMERICA BIOSTIMULANTS MARKET, BY APPLICATION (2017-2023) VALUE USD MILLION 81
TABLE 49 REST OF LATIN AMERICA BIOSTIMULANTS MARKET, BY CROP TYPE (2010-2016) VALUE USD MILLION 81
TABLE 50 REST OF LATIN AMERICA BIOSTIMULANTS MARKET, BY CROP TYPE (2017-2023) VALUE USD MILLION 82
TABLE 51 REST OF LATIN AMERICA BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENTS (2010-2016) VALUE USD MILLION 82
TABLE 52 REST OF LATIN AMERICA BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENTS (2017-2023) VALUE USD MILLION 82
TABLE 53 REST OF LATIN AMERICA BIOSTIMULANTS MARKET, BY ACID INGREDIENT SUB-TYPE (2010-2016) VALUE USD MILLION 83
TABLE 54 REST OF LATIN AMERICA BIOSTIMULANTS MARKET, BY ACID INGREDIENT SUB-TYPE (2017-2023) VALUE USD MILLION 83
TABLE 55 LATIN AMERICA BIOSTIMULANTS MARKET, BY TYPES (2010-2016) VALUE USD MILLION 84
TABLE 56 LATIN AMERICA BIOSTIMULANTS MARKET, BY TYPE (2017-2023) VALUE USD MILLION 84
TABLE 57 LATIN AMERICA BIOSTIMULANTS MARKET,BY NATURAL BIOSTIMULANT (2010-2016) VALUE USD MILLION 85
TABLE 58 LATIN AMERICA BIOSTIMULANTS MARKET, BY NATURAL BIOSTIMULANT (2017-2023) VALUE USD MILLION 85
TABLE 59 LATIN AMERICA BIOSTIMULANTS MARKET,BY SYNTHETIC BIOSTIMULANT (2010-2016) VALUE USD MILLION 86
TABLE 60 LATIN AMERICA BIOSTIMULANTS MARKET, BY SYNTHETIC BIOSTIMULANT (2017-2023) VALUE USD MILLION 86
TABLE 61 LATIN AMERICA BIOSTIMULANTS MARKET, BY APPLICATION (2010-2016) VALUE USD MILLION 87
TABLE 62 LATIN AMERICA BIOSTIMULANTS MARKET, BY APPLICATION (2017-2023) VALUE USD MILLION 87
TABLE 63 LATIN AMERICA BIOSTIMULANTS MARKET, BY CROP TYPE (2010-2016) VALUE USD MILLION 89
TABLE 64 LATIN AMERICA BIOSTIMULANTS MARKET, BY CROP TYPE (2017-2023) VALUE USD MILLION 90
TABLE 65 LATIN AMERICA BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENTS (2010-2016) VALUE USD MILLION 92
TABLE 66 LATIN AMERICA BIOSTIMULANTS MARKET, BY ACTIVE INGREDIENTS (2017-2023) VALUE USD MILLION 92
TABLE 67 LATIN AMERICA BIOSTIMULANTS MARKET, BY ACID-ACTIVE INGREDIENTS SUB-TYPE (2010-2016) VALUE USD MILLION 92
TABLE 68 LATIN AMERICA BIOSTIMULANTS MARKET, BY ACID-ACTIVE INGREDIENTS SUB-TYPE (2017-2023) VALUE USD MILLION 93
TABLE 69 LATIN AMERICA BIOSTIMULANTS MARKET, BY EXTRACT BASED-ACTIVE INGREDIENTS SUB-TYPE (2010-2016) VALUE USD MILLION 93
TABLE 70 LATIN AMERICA BIOSTIMULANTS MARKET, BY EXTRACT BASED-ACTIVE INGREDIENTS SUB-TYPE (2017-2023) VALUE USD MILLION 94
TABLE 71 PRODUCT OVERVIEW 96
TABLE 72 PRODUCT OVERVIEW 98
TABLE 73 PRODUCT OVERVIEW 102
TABLE 74 PRODUCT OVERVIEW 105
TABLE 75 KOPPERT B.V. SNAPSHOT 108
TABLE 76 PRODUCT OVERVIEW 109
TABLE 77 PRODUCT OVERVIEW 111
TABLE 78 KEY DEVELOPMENTS 111
TABLE 79 PRODUCT OVERVIEW 114

FIGURE 1 RESEARCH PROCESS OF MRFR 16
FIGURE 2 PRIMARY RESEARCH PROCESS 17
FIGURE 3 SECONDARY RESEARCH PROCESS: TOP DOWN & BOTTOM UP APPROACH 18
FIGURE 4 FORECAST MODEL 19
FIGURE 5 MARKET SEGMENTATION: LATIN AMERICAN BIOSTIMULANTS MARKET 21
FIGURE 6 PRODUCT LIFECYLE: LATIN AMERICAN BIOSTIMULANTS MARKET 22
FIGURE 7 PRODUCT LIFECYLE: LATIN AMERICAN BIOSTIMULANTS MARKET, BY COUNTRY 22
FIGURE 8 BRAZIL DEMOGRAPHICS 23
FIGURE 9 BRAZIL FERTILIZER CONSUMPTION 23
FIGURE 10 AGRICULTURAL AREA 24
FIGURE 11 AVERAGE VALUE OF FOOD PRODUCTION 24
FIGURE 12 CEREAL PRODUCTION 25
FIGURE 13 ARGENTINA DEMOGRAPHICS 25
FIGURE 14 ARGENTINA FERTILIZER CONSUMPTION 26
FIGURE 15 TOTAL AGRICULTURAL AREA 26
FIGURE 16 AVERAGE VALUE OF FOOD PRODUCTION 27
FIGURE 17 CEREAL PRODUCTION 27
FIGURE 18 MEXICO DEMOGRAPHICS 28
FIGURE 19 MEXICO FERTILIZER CONSUMPTION 28
FIGURE 20 TOTAL AGRICULTURAL AREA 29
FIGURE 21 AVERAGE VALUE OF FOOD PRODUCTION 29
FIGURE 22 CEREAL PRODUCTION 30
FIGURE 23 DRIVERS & RESTRAINTS IMPACT ANALYSIS OF NATIVE STARCHES 31
FIGURE 24 COMPARISON OF LATIN AMERICAN POPULATION WITH WORLD POPULATION 33
FIGURE 25 PERCENTAGE SHARE OF TOTAL IMPORT TOP TEN IMPORTING COUNTRIES OF BIOSTIMULANTS- UNITS TONS 39
FIGURE 26 PERCENTAGE SHARE OF TOTAL IMPORT TOP TEN IMPORTING COUNTRIES OF BIOSTIMULANTS- UNITS USD 40
FIGURE 27 PERCENTAGE SHARE OF TOTAL EXPORT OF BIOSTIMULANT- UNITS TONS 41
FIGURE 28 PERCENTAGE SHARE OF TOTAL EXPORT OF BIOSTIMULANT- UNITS USD 41
FIGURE 29 VALUE CHAIN ANALYSIS OF LATIN AMERICAN BIOSTIMULANTS MARKET 51
FIGURE 30 SUPPLY CHAIN ANALYSIS OF LATIN AMERICAN BIOSTIMULANTS MARKET 52
FIGURE 31 PORTER'S 5 FORCES ANALYSIS OF LATIN AMERICAN BIOSTIMULANTS MARKET 54
FIGURE 32 LATIN AMERICA BIOSTIMULANTS MARKET ANALYSIS 60
FIGURE 33 LATIN AMERICA BIOSTIMULANTS MARKET 61
FIGURE 34 LATIN AMERICA BIOSTIMULANTS, BY TYPE 84
FIGURE 35 LATIN AMERICA BIOSTIMULANTS MARKET, BY APPLICATION 87
FIGURE 36 LATIN AMERICA BIOSTIMULANTS MARKET, BY CROP TYPE 89
FIGURE 37 LATIN AMERICA BIOSTIMULANTS MARKET,BY ACTIVE INGREDIENTS 91
FIGURE 38 BASF SE COMPANY SNAPSHOT 95
FIGURE 39 BASF SE SWOT 97
FIGURE 40 ISAGRO S.P.A. COMPANY SNAPSHOT 98
FIGURE 41 ISAGRO S.P.A. SWOT 100
FIGURE 42 SAPEC SA INFORMATION 102
FIGURE 43 VALAGRO S.P.A. COMPANY SNAPSHOT 104
FIGURE 44 VALAGRO S.P.A (ITALY)SWOT 107
FIGURE 45 ARYSTA LIFE SCIENCE LIMITED CORPORATION SNAPSHOT 110
FIGURE 46 ITALPOLLINA SPA INFORMATION LIST 113
FIGURE 47 MAJOR PLAYER MARKET DEVELOPMENT SHARE 2012-2017 115
FIGURE 48 MAJOR PLAYER MARKET DEVELOPMENT SHARE OF THE KEY PLAYERS 2012-2017 115
FIGURE 49 STRATEGY ANALYSIS 116