Biostimulants Market Research Report - Global Forecast till 2030

Biostimulants Market Information By Active Ingredients (Humic Substances, Humic Acid, Microbial Amendments, Fulvic Acid, Trace Minerals, Seaweed Extracts, Amino Acids, and Other Active Ingredients (include Vitamins and Polysaccharides)), By Mode of Application (Foliar Treatment, Soil Treatment, and Seed Treatment), By Form (Liquid and Dry), By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Turfs & Ornamentals, and Others (Forage and Plantation Crops)), and By Region (North America, Europe, Asia-Pacific, and the Rest of

ID: MRFR/AGR/2053-CR | 170 Pages | Published By Sakshi Gupta on February 2021         

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Biostimulants Market

Biostimulants Market Size is anticipated to reach USD 6.65 billion by 2030, registering a CAGR of 10.10% during 2022-2030.

By Active Ingredients Humic Substances Seaweed Extracts Microbial Amendments Amino Acid others
By Crop Type Fruits & Vegetables Cereals & Grains Oil Seeds & Pulses others
By Application Foliar treatment Soil treatment Seed treatment others
Key Players
Companies Profiled   Koppet B.V. (Netherland)    Agriculture Solutions Inc. (Canada)    China Daily Co. Ltd. (China)    Eastman Chemical Company (US)    BASF SE(Germany)    Agrinos AS (US)    Arysta Lifescience Corporation (India)    Valagro SpA (Italy)    Acadian Seaplants Ltd. (India)    FMC Corporation (US)    Bayer A G (Germany)    Koppert Biological Systems (Netherland)    Isagro SpA (Italy)    Biolchim SpA (Italy)    Italpollina SpA (Italy)
Market Driving Forces   Growing demand for safe products and environmentally friendly    Growing food demand due to rising global population
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Global Biostimulants Market Research (MRFR Insights)

The  biostimulants market size is projected to register 5.61 billion with a CAGR of 10.10% from 2022 to 2030. This is due to growing instances of soil degradation, stringent laws on the use of chemicals in farming, and the need for sustainable & eco-friendly alternatives to promote agricultural development and output. Biostimulants are any mixes of microorganisms given to plants to increase food productivity, abiotic stress resilience, crop quality, elements, and aggregates while ignoring healthy material. Food and agricultural production frameworks worldwide are facing enormous challenges due to expanding food interest for a growing population, rising yearning and hunger, negative environmental change consequences, overexploitation of natural assets, biodiversity loss, and food misfortune and waste. There is a growing demand for food delivered more sustainably, with less designed synthetic components and more natural ingredients. As a result, biostimulants are assisting in sustainably fixing this issue by providing pressure security and stimulating plant development. Because of rising awareness about the hazardous, long-term impact of artificial chemicals used for plant development, the requirement for the product is increasing as the population rapidly grows. Thus, rising demand for organic and natural items is boosting the growth of the  biostimulants market.

COVID-19 Impact Analysis

The COVID-19 outbreak has had an impact on a variety of industries around the world. Due to the lockdown period, COVID-19 has had an impact on the  market in all regions. Companies in the market are stepping up efforts to assess better the effect of the COVID-19 pandemic on inventories to control production volumes and adapt production levels to changing demand in specific locations. Manufacturers are altering their supply chains to ensure the availability of end-user goods or intermediates. Manufacturers in the biostimulants industry focus on managing stocks and flow with great flexibility to build resistance to the pandemic's problems.

 Biostimulants Market Dynamics

The industry's expansion is being fuelled mostly by deteriorating soil conditions and increased demand for organic and high-quality products. Furthermore, because of its ability to increase crop output, there is an increasing desire for sustainable and eco-friendly alternative options. This, in turn, is expected to increase demand for biostimulants during the forecast period. Biostimulants are any compounds or microbes supplied to plants to improve sustenance efficiency, abiotic stress tolerance, crop quality, features, and phenotypes, regardless of nutritional content. For instance, in 2021, Acid-based biostimulants were the dominant active component sector. Products based on fulvic, humic, and amino acids are included in the acid-based sector. Amino acids are important inducers of phytohormones, which aid in seed germination and stimulate plant metabolic activities.

 Biostimulants Market Drivers

Demand for biostimulant products is being driven by modern agricultural practices

Biostimulants are promoted as plant growth stimulators. Because agricultural biostimulants help increase root biomass, nutrient uptake, and enzymatic activity, companies in the industry are expanding their production capacity. Biostimulants rich in minerals, plant hormones, amino acids, and other nutrients are becoming more widely available. Sustainable environmental systems are at the heart of modern farming methods. Companies in the market are increasing their product output capacity to avoid the expenditures and time-consuming efforts connected with traditional breeding programs for improving plant health.

 Market Restraints

  • Lack of effective conventions and regulations to limit market growth

Lack of restrictions related to the product's commercialization may impede the market's development and expansion during the projection period in many emerging markets. Lack of trust in new products, a lack of understanding of quality products, and a lack of consistent regulatory and supportive policies for networks all restrain the market's expansion.

Market Opportunities

  • The market appears promising, with prospects in seed treatment, soil treatment, and foliar treatment

Lack of evidence in biostimulant mechanisms affects agricultural product development. Even though corporations invest each year in developing new products to incorporate biostimulants into agriculture, there is a shortage of information concerning the mechanism of biostimulants to maximize genuine gains. Because of the significant number of chemicals that can be employed as biostimulant raw materials, such as seaweed extracts and plant hormones, there is a need to investigate the underlying mechanisms responsible for these effects.

Segment Overview

By Active Ingredients Insights

The  biostimulants market segmentation, based on active ingredients, is humic substances, humic acid, microbial amendments, fulvic acid, trace minerals, seaweed extracts, amino acids, and other active ingredients (including vitamins and polysaccharides). The  biostimulants market growth was prominently high under the microbial amendments segment in 2021 owing to the increasing usage of bacteria, yeasts, and fungi as a biostimulant in plants to promote nutrient absorption capacity and production.

By Crop Type Insights

The  biostimulants market segmentation, based on crop type, is cereals & grains, oilseeds & pulses, fruits & vegetables, turfs & ornamentals, and others (forage and plantation crops). In 2021, the row crops segment accounted for the largest market share of the  market. These crops provide beneficial growth chances for businesses and are widely produced across the globe over vast expanses of land.

By Mode of Application Insights

The  market, based on mode of application, is divided into foliar treatment, soil treatment, and seed treatment. In 2021, the foliar treatment segment accounted for the largest market share of the  market. This is due to the benefits of foliar treatment, which include faster nutrient absorption and greater cellular activity. Foliar treatment entails directly applying biostimulants to plant leaves to aid in rapidly absorbing nutrients from the surface.

By Form Insights

By form, the market is segmented into liquid and dry. The liquid category is anticipated to dominate the market due to several variables, including their ease of use and ability to combine with biopesticides and biofertilizers for the benefit of crops.

Global Biostimulants  Market Share, by Region, 2021 (%)

Biostimulants  Market Share, by Region, 2021

Biostimulants Market Overview, by Region

By region, the  biostimulants market has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. North American region accounted for the most extensive market share, and Asia-Pacific is anticipated to register the highest CAGR during the forecast period.

North America

North America dominated the market, with the highest market share in 2021. The US has a highly developed agricultural industry adapted to natural and organic farming methods. As a result, the region perceives a large intake of biostimulants. The country is acclimating to the product's use, mainly in the seed treatment application segment, to boost crop production and potency at an early stage of plant growth. The US uses biostimulants to promote balanced growth in the agriculture sector.


Asia-Pacific countries dominate the market, expected to register the fastest CAGR in the forecast period. Due to the presence of developing economies such as India and China, Asia-Pacific has the largest development potential. The company of rigorous rules prohibiting the use of artificial chemicals that harm soil quality has also aided market expansion. This is due to the growing population and strong demand for organic, fertilizer-free, and synthetic chemical-free vegetables.

 Biostimulants Market Competitive Landscape

The market includes tier-1, tier-2, and local players. The tier-1 and tier-2 players have  reach with diverse product portfolios. Companies such as BASF SE; Isagro Group; Sapec Agro S.A.; Biolchim SpA; Novozymes A/S; Platform Specialty Products Corp. dominate the market due to product differentiation, financial stability, strategic developments, and diversified regional presence. Biostimulants firms are focusing on developing new and inventive methods to make facility assets and services relevant and necessary for improving customer experience, business administration, occupational physiology, and supporting their core business.

Prominent players in the  biostimulants market research include BASF SE; Isagro Group; Sapec Agro S.A.; Biolchim SpA; Novozymes A/S; Platform Specialty Products Corp.; Valagro SpA; Koppert B.V.; Italpollina SAP; Biostadt India Ltd., among others.

Scope of the  Biostimulants Market Segmentation

By Active Ingredients outlook

  • Humic Substances

  • Humic acid

  • Seaweed extracts

  • Fulvic acid

  • Microbial amendments

  • Amino acids

  • Other active ingredients (include trace minerals, vitamins, and polysaccharides)

By Mode of Application outlook

  • Foliar Treatment

  • Soil Treatment

  • Seed treatment

By Form outlook

  • Liquid

  • Dry

By Crop Type outlook

  • Cereals & grains

  • Oilseeds & pulses

  • Fruits & vegetables

  • Turfs & ornamentals

  • Others (forage and plantation crops)

By Region outlook

  • North America

    • US

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • France

    • Italy

    • Spain

    • Rest of Europe

  • Asia-Pacific

    • China

    • India

    • Japan

    • Australia and New Zealand

    • Rest of Asia-Pacific

  • Rest of the World

    • South America

    • Middle East

    • Africa

Objectives of the Study

The objectives of the study are summarized in 5 stages. They are as mentioned below:

  • Biostimulants Market Forecast & Size:

To identify and estimate the market size for the  biostimulants market report segmented by active ingredients, mode of application, form, and crop type by value (in US dollars). Also, to understand the consumption/ demand created by consumers in the  biostimulants market forecast between 2022 and 2030

  • Market Landscape and Trends:

To identify and infer the drivers, restraints, opportunities, and challenges in the  biostimulants market growth

  • Market Influencing Factors:

To find out the factors which are affecting the  biostimulants market size among consumers

  • Impact of COVID-19:

To identify and understand the various factors involved in the market affected by the pandemic

  • Company Profiling:

To provide a detailed insight into the major companies operating in the market. The profiling will include the financial health of the company in the past 2-3 years with segmental and regional revenue breakup, product offering, recent developments, SWOT analysis, and key strategies.

Intended Audience

  • Biostimulants manufacturers

  • Agriculture sector

  • Farmers

  • Biostimulants dealers

Report Scope:

Report Attribute/Metric Details
Market Size  2030: USD 5.61 billion
CAGR  10.10% CAGR (2022-2030)
Base year  2021
Forecast Period 2022-2030
Historical Data 2020
Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered Active Ingredients, Mode of Application, Form, Crop Type
Geographies Covered North America, Europe, Asia-Pacific, and the Rest of the World (RoW)
Key Vendors BASF SE; Isagro Group; Sapec Agro S.A.; Biolchim SpA; Novozymes A/S; Platform Specialty Products Corp.; Valagro SpA; Koppert B.V.; Italpollina SAP; Biostadt India Ltd. and others.
Key Market Opportunities The Biostimulant industry appears promising, with prospects in seed treatment, soil treatment, and foliar treatment.
Key Market Drivers       Demand for biostimulant products is being driven by modern agricultural practices.      

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Frequently Asked Questions (FAQ) :

Biostimulants market is projected to grow at approximately 11.41% CAGR during the assessment period (2022-2030).

The market is expected to register a CAGR of ~10.10 % over the next 10 years, according to  biostimulants market research.

Asia-Pacific is expected to register the highest CAGR during 2022 - 2030

Europeholds the largest share in the global biostimulants market, followed by North America and the Asia Pacific, respectively.

North America held the largest share in 2021

The market size is expected to be USD 5.16 billion by 2030.

BASF SE; Isagro Group; Sapec Agro S.A.; Biolchim SpA, and Novozymes A/S are the major companies operating in the market.