The global market for Plant Biostimulants is estimated at US$3.8 Billion in 2023 and is projected to reach US$8.0 Billion by 2030, growing at a CAGR of 11.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the plant biostimulants market is driven by several factors. The market growth is being driven by rising concerns over food security, continuing shift towards sustainable products and favorable government policies. Burgeoning population in countries like India and China along with the resulting demand for food products is one of the primary drivers for the global market.
Advances in biotechnology and agricultural sciences have led to the creation of more effective biostimulant products that cater to specific crop needs and environmental conditions. Climate change and the associated increase in abiotic stresses on crops, such as drought and salinity, have made biostimulants an attractive solution for enhancing crop resilience.
Future expansion of the global market is anticipated to be facilitated by rising awareness about sustainability benefits of these products along with government policies and guidelines to aid adoption of environmentally-friendly products across agricultural practices. Rising awareness among farmers about the benefits of biostimulants, supported by educational initiatives and positive trial results, is also accelerating their market penetration.
The growth in the plant biostimulants market is driven by several factors. The market growth is being driven by rising concerns over food security, continuing shift towards sustainable products and favorable government policies. Burgeoning population in countries like India and China along with the resulting demand for food products is one of the primary drivers for the global market.
Advances in biotechnology and agricultural sciences have led to the creation of more effective biostimulant products that cater to specific crop needs and environmental conditions. Climate change and the associated increase in abiotic stresses on crops, such as drought and salinity, have made biostimulants an attractive solution for enhancing crop resilience.
Future expansion of the global market is anticipated to be facilitated by rising awareness about sustainability benefits of these products along with government policies and guidelines to aid adoption of environmentally-friendly products across agricultural practices. Rising awareness among farmers about the benefits of biostimulants, supported by educational initiatives and positive trial results, is also accelerating their market penetration.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Amino Acid-based Biostimulants segment, which is expected to reach US$1.7 Billion by 2030 with a CAGR of a 9.2%. The Humic Acid-based Biostimulants segment is also set to grow at 10.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $651.4 Million in 2023, and China, forecasted to grow at an impressive 14.4% CAGR to reach $984.5 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Plant Biostimulants Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Plant Biostimulants Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Plant Biostimulants Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Acadian Seaplants Limited, Agrinos AS, Bayer AG, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 157 Featured):
- Acadian Seaplants Limited
- Agrinos AS
- Bayer AG
- Biolchim S.p.A
- FMC Corporation
- Gowan Company, L.L.C
- Haifa Group
- ILSA S.p.A.
- Koppert B.V.
- Novozymes A/S
- Rovensa Next
- Syngenta Crop Protection AG
- UPL Ltd.
- Yara International ASA
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY1. MARKET OVERVIEW2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINREST OF EUROPEARGENTINABRAZILCOLOMBIAMEXICOREST OF LATIN AMERICAREST OF WORLDIV. COMPETITION
BIOSTIMULANTS - A PREVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
LATIN AMERICA
Companies Mentioned
- Acadian Seaplants Limited
- Agrinos AS
- Bayer AG
- Biolchim S.p.A
- FMC Corporation
- Gowan Company, L.L.C
- Haifa Group
- ILSA S.p.A.
- Koppert B.V.
- Novozymes A/S
- Rovensa Next
- Syngenta Crop Protection AG
- UPL Ltd.
- Yara International ASA
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 652 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 3.8 Billion |
| Forecasted Market Value ( USD | $ 8 Billion |
| Compound Annual Growth Rate | 11.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 14 |
