Global Biostimulants Market Growth 2023-2029

Global Biostimulants Market Growth 2023-2029

Agricultural biostimulants include diverse formulations of compounds, substances and other products that are applied to plants or soils to regulate and enhance the crop’s physiological processes, thus making them more efficient. Biostimulants act on plant physiology through different pathways than nutrients to improve crop vigour, yields, quality and post-harvest shelf life/conservation.

LPI (LP Information)' newest research report, the “Biostimulants Industry Forecast” looks at past sales and reviews total world Biostimulants sales in 2022, providing a comprehensive analysis by region and market sector of projected Biostimulants sales for 2023 through 2029. With Biostimulants sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Biostimulants industry.

This Insight Report provides a comprehensive analysis of the global Biostimulants landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Biostimulants portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Biostimulants market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Biostimulants and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Biostimulants.

The global Biostimulants market size is projected to grow from US$ 135.9 million in 2022 to US$ 200.4 million in 2029; it is expected to grow at a CAGR of 200.4 from 2023 to 2029.

In APAC market, biostimulants is a fragmented market with numerous players. Angel Yeast, Biostadt, Fengdan Baili, Leili, Biotech International are leading players in APAC region, with a combined revenue market share around 40% in 2019. Other leading players include IPL Biologicals, Humikey, Kanbiosys, Guangzhou Sgy Agricultural Science and Dhanuka, which are based in China and India.

Biostimulants are mainly used in cash crops and fruits, etc.

Biostimulants include acid-based biostimulants, plant extract biostimulants and others.

This report presents a comprehensive overview, market shares, and growth opportunities of Biostimulants market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Acid-Based Biostimulants

Plant Extract Biostimulants

Others

Segmentation by application

Fruits & Vegetables

Turf & Ornamentals

Row Crops

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Angel Yeast

Biostadt

Fengdan Baili

Leili

Biotech International

IPL Biologicals

Humikey

Kanbiosys

Guangzhou Sgy Agricultural Science

Dhanuka

AMMS Century

PI Industries

HCM Agro Produts

Valagro

Biolchim

Symborg

Plant Response

Tradecorp

Fengdan Baili

Key Questions Addressed in this Report

What is the 10-year outlook for the global Biostimulants market?

What factors are driving Biostimulants market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Biostimulants market opportunities vary by end market size?

How does Biostimulants break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.