UK Biostimulant Market Size and Forecast (2021 - 2031), Country Share, Trend, and Growth Opportunity Analysis Report Coverage: By Product Type (Humic Substances, Amino Acids, Microbial Stimulants, Seaweed Extracts, Fulvic Acid, and Others), Mode of Applic

UK Biostimulant Market Size and Forecast (2021 - 2031), Country Share, Trend, and Growth Opportunity Analysis Report Coverage: By Product Type (Humic Substances, Amino Acids, Microbial Stimulants, Seaweed Extracts, Fulvic Acid, and Others), Mode of Application (Foliar Spray, Seed Treatment, and Soil Application), Form (Dry and Liquid), and Crop Type (Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetables, Turf and Landscapes, and Others)

The UK biostimulant market is expected to grow from US$ 115.78 million in 2023 and is projected to reach US$ 193.27 million by 2031; it is expected to register a CAGR of 6.6% from 2023 to 2031.

In the UK, biostimulants are used for soil conditioning in fertilizers as biostimulants enhance soil fertility and water-holding capacity. Biostimulants are sold in the country by online and offline distribution. The growth of online retail channels has made biostimulants readily available for cereals, grains, gardening, and landscaping applications. This is one of the most significant factors responsible for the country's biostimulant market growth. Farmers in the UK increasingly recognize the benefits of integrating biostimulants into their agricultural practices to improve soil health, increase crop yields, and mitigate climate change impacts. Government policies promoting sustainable agriculture, such as the Environmental Land Management Scheme, provide financial incentives for farmers to adopt biostimulants as soil amendments.

The UK's commitment to achieving net-zero emissions by 2050 has spurred investments in biostimulant production facilities and research into innovative biostimulant applications, further driving market expansion. Collaborations between academia, industry, and government agencies also foster innovation and knowledge exchange, positioning the UK as a hub for biostimulants research and development. The key market drivers include cost-effectiveness and easy availability. Further, biostimulants help maintain the soil's pH and acidity levels. The national government also encourages the application of biostimulants by spreading awareness and benefits among consumers. All these factors are likely to support the growth of the biostimulant market in the UK.

Consumers across the UK are increasingly interested in organic products, such as organic fruits, vegetables, and other organic food products. The demand for organic food is primarily due to the increase in the health-conscious population and a surge in awareness about the health risks of chemical fertilizers and plant growth promoters. Biostimulants have zero side effects on plants and human health. The changing preference of people for healthier food products is increasing the demand for organic products. This is encouraging farmers across the country to produce crops using organic methods. Additionally, using organic and bio-based compounds in agriculture and forestry offers a significant opportunity for farmers to improve root and shoot growth, better growth potential, and stress resistance. Biostimulants are substances or microorganisms applied to plants, soils, and seeds for enhancing crop yield, quality traits, plant tolerance to a wide range of biotic and abiotic stresses, and nutrient use efficiency. The growing preference for organic food has stimulated its production in the UK. According to data published by the UK government, three major crop types are grown organically: cereals, other arable crops, and vegetables (including potatoes). In England, the area of organically grown cereal crops increased by 1.2% to 43,000 hectares in 2023. Other arable crops increased by 7.1% to 9,300 hectares. Thus, the strong emphasis of the government and other stakeholders on the organic and sustainable mode of farming has increased the acceptance of biostimulants.

A few key players operating in the UK biostimulant market are EcoStim, Bioelements Ltd, Bionema, Russell IPM, Sipcam UK, IntraCrop, Syngenta AG, UPL Ltd, BIOSTIMULANTS LTD, Nichino Europe Co. Limited, and Central Pharma. Players operating in the market are highly focused on developing high-quality and innovative product offerings to fulfill customers' requirements.

The overall UK biostimulant market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts, such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants, such as valuation experts, research analysts, and key opinion leaders—specializing in the UK biostimulant market.

Reasons to buy

Progressive industry trends in the UK biostimulant market to help players develop effective long-term strategies
Business growth strategies adopted by developed and developing markets
Quantitative analysis of the UK biostimulant market from 2021 to 2031
Estimation of the demand for biostimulant across various industries
Porter's Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict the market growth
Recent developments to understand the competitive market scenario and the demand for biostimulant across UK
Market trends and outlook coupled with factors driving and restraining the growth of the UK biostimulant market.
Decision-making process by understanding strategies that underpin commercial interest concerning UK biostimulant market growth
The UK biostimulant market size at various nodes of market
Detailed overview and segmentation of the UK biostimulant market as well as its dynamics in the industry
The UK biostimulant market size in different regions with promising growth opportunities