The biostimulants market in Asia Pacific is expected to grow from US$734.41 million in 2022 to US$1,419.36 million by 2028; it is estimated to grow at a CAGR of 11.6% from 2022 to 2028.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Asia Pacific biostimulants market at a substantial CAGR during the forecast period.
Based on application, the Asia Pacific biostimulants market is segmented into foliar spray, seed treatment, and soil application. The foliar spray segment held the largest market share in 2022 and it is also expected to register the highest CAGR in the market during the forecast period.
Based on application, the Asia Pacific biostimulants market is segmented into cereals and grains, oilseeds and pulses, fruits and vegetables, turf and landscape, and others. The cereals and grains segment held the largest market share in 2022 and turf and landscape is expected to register the highest CAGR in the market during the forecast period.
Based on country, the Asia Pacific biostimulants market is segmented into Australia, China, India, Japan, South Korea, and the Rest of APAC. In 2022, China held the largest market share. It is also expected to register the highest CAGR during the forecast period.
BASF SE, UPL Ltd, Valagro S.P.A., Gowan Company, FMC Corporation, Haifa Negev Technologies Ltd., ADAMA, and Rallis India Limited are among the leading companies in the Asia Pacific biostimulants market.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Asia Pacific biostimulants market at a substantial CAGR during the forecast period.
Asia Pacific Biostimulants Market Segmentation
The Asia Pacific biostimulants market is segmented on the basis of product, application, crop type, and country. Based on product, the market is segmented into humic substances, amino acids, microbial stimulants, seaweed extracts, and others. In 2022, the humic substances segment held a larger share of the market. On the other hand the same segment is expected to register a higher CAGR during the forecast period.Based on application, the Asia Pacific biostimulants market is segmented into foliar spray, seed treatment, and soil application. The foliar spray segment held the largest market share in 2022 and it is also expected to register the highest CAGR in the market during the forecast period.
Based on application, the Asia Pacific biostimulants market is segmented into cereals and grains, oilseeds and pulses, fruits and vegetables, turf and landscape, and others. The cereals and grains segment held the largest market share in 2022 and turf and landscape is expected to register the highest CAGR in the market during the forecast period.
Based on country, the Asia Pacific biostimulants market is segmented into Australia, China, India, Japan, South Korea, and the Rest of APAC. In 2022, China held the largest market share. It is also expected to register the highest CAGR during the forecast period.
BASF SE, UPL Ltd, Valagro S.P.A., Gowan Company, FMC Corporation, Haifa Negev Technologies Ltd., ADAMA, and Rallis India Limited are among the leading companies in the Asia Pacific biostimulants market.
Table of Contents
1. Introduction
3. Research Methodology
4. Asia Pacific Biostimulants Market Landscape
5. Asia Pacific Biostimulants Market - Key Market Dynamics
6. Asia Pacific Biostimulants - Market Analysis
7. Asia Pacific Biostimulants Market Analysis - By Product
8. Asia Pacific Biostimulants Market Analysis - Mode of Application
9. Asia Pacific Biostimulants Market Analysis - Crop Type
10. Asia Pacific Biostimulants Market - Country Analysis
11. Industry Landscape
12. Company Profiles
13. Appendix
List of Tables
List of Figures
Companies Mentioned
- BASF SE
- UPL Ltd
- Valagro S.P.A.
- Gowan Company
- FMC Corporation
- Haifa Negev Technologies Ltd.
- ADAMA
- Rallis India Limited
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 146 |
Published | October 2022 |
Forecast Period | 2022 - 2028 |
Estimated Market Value ( USD | $ 734.41 Million |
Forecasted Market Value ( USD | $ 1419.36 Million |
Compound Annual Growth Rate | 11.6% |
Regions Covered | Asia Pacific |
No. of Companies Mentioned | 8 |