Market Overview:
The global agriculture bio stimulant market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for organic food, rising awareness about the benefits of bio stimulants, and technological advancements in agriculture sector. Based on type, acid-based agriculture bio stimulant is projected to lead the market during the forecast period. This can be attributed to their ability to improve plant health and increase crop yield. Based on application, fruits & vegetables segment is projected to lead the market during the forecast period owing high demand for healthy food products across globe.
Product Definition:
A bio stimulant is a substance that is applied to plants or soil to improve plant growth or health. Bio stimulants can be organic or inorganic, and they may come from natural or synthetic sources.
Acid-based Agriculture Bio Stimulant:
Acid-based agriculture bio stimulant is a fertilizer made up of acid and base. The acid in this product helps in increasing the pH level of the soil, which makes it suitable for plant growth. This product also has an ability to increase soil fertility by stimulating plant growth, thus making it useful for agricultural purposes.
This product is derived from natural minerals such as sulfuric and phosphoric acids along with amino acids and other organic compounds.
Extract-based Agriculture Bio Stimulant:
Extract-based agriculture bio stimulant is a natural product derived from plants and used as an active ingredient in fertilizers. It helps in increasing the yield of crops by improving the physical properties of soil such as water retention, nutrient absorption capacity and texture, aeration, temperature stability, etc. Bio stimulants are widely used across various agricultural applications including crop protection (fungicides), crop cultivation (herbicides), arable land development (pesticides) and horticulture.
Application Insights:
Fruits and vegetables led the global agriculture bio stimulant market in 2017, accounting for over 40% of the revenue share. The segment is expected to continue its dominance over the forecast period owing to high product demand in this application segment. Turf and ornamentals are projected to be one of the fastest-growing segments during the forecast period on account of rising product demand for improving plant growth and development. Other applications include row crops, dairy animals, forestry soil treatment, aquaculture ponds & tanks among others.
The turf and ornamental industry has been growing significantly across various regions due largely to consumer preference for artificial turfs with aesthetic appeal as well as functional attributes such as durability & resistance towards wear & tear from foot traffic or weather conditions under which they are used i.e.
Regional Analysis:
North America dominated the global agriculture bio stimulant market in 2017. The region is expected to witness a considerable growth rate of 5.6% over the forecast period, owing to rising demand for organic food products and increasing awareness about environment-friendly farming practices in countries, such as U.S., Canada, and Mexico.
Asia Pacific is anticipated to be one of the fastest growing regions with a CAGR of XX% from 2018 to 2030 due to rapid urbanization along with increasing population in countries like China and India has led towards an increase in agricultural output which will drive demand for agriculture bio stimulants over the next eight years. Moreover, government initiatives encouraging adoption of biorationals are also driving regional market growth across various crops including fruits & vegetables; turf & ornamental; rice; tobacco; oilseed crop (sesame); field crops (wheat); livestock (poultry) and other applications).
Growth Factors:
- Increasing demand for organic food: The global market for organic food is projected to grow at a CAGR of more than 14% from 2016 to 2021. This growth can be attributed to the increasing awareness about the benefits of organic food among consumers.
- Rising population and income levels in developing countries: The rising population and income levels in developing countries are leading to an increase in the demand for agricultural products, which is driving the growth of the agriculture bio stimulant market.
- Government initiatives supporting agriculture sector: Governments across various regions are taking initiatives to support the agriculture sector, which is aiding the growth of the agriculture bio stimulant market. For instance, in India, under Pradhan Mantri Fasal Bima Yojana (PMFBY), farmers are provided with crop insurance coverage against natural calamities at subsidized rates. This scheme has helped boost agricultural production in India by providing financial security to farmers during disasters such as droughts or floods.
Scope Of The Report
Report Attributes
Report Details
Report Title
Agriculture Bio Stimulant Market Research Report
By Type
Acid-based Agriculture Bio Stimulant, Extract-based Agriculture Bio Stimulant, Other
By Application
Fruits & Vegetables, Turf & Ornamentals, Row Crops, Other
By Companies
Agri Life, Biostadt, Neophyll, Nakoda Biocontrols, Biotech International, India FarmCare, Miracle Organics Private, HCM Agro produts, Vijay Agro Industries, Arysta Life Science, VALAGRO, Leili, Acadian Seaplants, Kelpak, Grow More
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Agriculture Bio Stimulant Market Report Segments:
The global Agriculture Bio Stimulant market is segmented on the basis of:
Types
Acid-based Agriculture Bio Stimulant, Extract-based Agriculture Bio Stimulant, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Fruits & Vegetables, Turf & Ornamentals, Row Crops, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Agri Life
- Biostadt
- Neophyll
- Nakoda Biocontrols
- Biotech International
- India FarmCare
- Miracle Organics Private
- HCM Agro produts
- Vijay Agro Industries
- Arysta Life Science
- VALAGRO
- Leili
- Acadian Seaplants
- Kelpak
- Grow More
Highlights of The Agriculture Bio Stimulant Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Acid-based Agriculture Bio Stimulant
- Extract-based Agriculture Bio Stimulant
- Other
- By Application:
- Fruits & Vegetables
- Turf & Ornamentals
- Row Crops
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Agriculture Bio Stimulant Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Agriculture Bio Stimulant is a product that is used to increase crop yields. It helps the plant to grow faster and produce more fruit or vegetables.
Some of the key players operating in the agriculture bio stimulant market are Agri Life, Biostadt, Neophyll, Nakoda Biocontrols, Biotech International, India FarmCare, Miracle Organics Private, HCM Agro produts, Vijay Agro Industries, Arysta Life Science, VALAGRO, Leili, Acadian Seaplants, Kelpak, Grow More.
The agriculture bio stimulant market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Agriculture Bio Stimulant Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Agriculture Bio Stimulant Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Agriculture Bio Stimulant Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Agriculture Bio Stimulant Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Agriculture Bio Stimulant Market Size & Forecast, 2018-2028 4.5.1 Agriculture Bio Stimulant Market Size and Y-o-Y Growth 4.5.2 Agriculture Bio Stimulant Market Absolute $ Opportunity
Chapter 5 Global Agriculture Bio Stimulant Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Agriculture Bio Stimulant Market Size Forecast by Type
5.2.1 Acid-based Agriculture Bio Stimulant
5.2.2 Extract-based Agriculture Bio Stimulant
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Agriculture Bio Stimulant Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Agriculture Bio Stimulant Market Size Forecast by Applications
6.2.1 Fruits & Vegetables
6.2.2 Turf & Ornamentals
6.2.3 Row Crops
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Agriculture Bio Stimulant Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Agriculture Bio Stimulant Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Agriculture Bio Stimulant Analysis and Forecast
9.1 Introduction
9.2 North America Agriculture Bio Stimulant Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Agriculture Bio Stimulant Market Size Forecast by Type
9.6.1 Acid-based Agriculture Bio Stimulant
9.6.2 Extract-based Agriculture Bio Stimulant
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Agriculture Bio Stimulant Market Size Forecast by Applications
9.10.1 Fruits & Vegetables
9.10.2 Turf & Ornamentals
9.10.3 Row Crops
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Agriculture Bio Stimulant Analysis and Forecast
10.1 Introduction
10.2 Europe Agriculture Bio Stimulant Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Agriculture Bio Stimulant Market Size Forecast by Type
10.6.1 Acid-based Agriculture Bio Stimulant
10.6.2 Extract-based Agriculture Bio Stimulant
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Agriculture Bio Stimulant Market Size Forecast by Applications
10.10.1 Fruits & Vegetables
10.10.2 Turf & Ornamentals
10.10.3 Row Crops
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Agriculture Bio Stimulant Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Agriculture Bio Stimulant Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Agriculture Bio Stimulant Market Size Forecast by Type
11.6.1 Acid-based Agriculture Bio Stimulant
11.6.2 Extract-based Agriculture Bio Stimulant
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Agriculture Bio Stimulant Market Size Forecast by Applications
11.10.1 Fruits & Vegetables
11.10.2 Turf & Ornamentals
11.10.3 Row Crops
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Agriculture Bio Stimulant Analysis and Forecast
12.1 Introduction
12.2 Latin America Agriculture Bio Stimulant Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Agriculture Bio Stimulant Market Size Forecast by Type
12.6.1 Acid-based Agriculture Bio Stimulant
12.6.2 Extract-based Agriculture Bio Stimulant
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Agriculture Bio Stimulant Market Size Forecast by Applications
12.10.1 Fruits & Vegetables
12.10.2 Turf & Ornamentals
12.10.3 Row Crops
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Agriculture Bio Stimulant Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Agriculture Bio Stimulant Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Agriculture Bio Stimulant Market Size Forecast by Type
13.6.1 Acid-based Agriculture Bio Stimulant
13.6.2 Extract-based Agriculture Bio Stimulant
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Agriculture Bio Stimulant Market Size Forecast by Applications
13.10.1 Fruits & Vegetables
13.10.2 Turf & Ornamentals
13.10.3 Row Crops
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Agriculture Bio Stimulant Market: Competitive Dashboard
14.2 Global Agriculture Bio Stimulant Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Agri Life
14.3.2 Biostadt
14.3.3 Neophyll
14.3.4 Nakoda Biocontrols
14.3.5 Biotech International
14.3.6 India FarmCare
14.3.7 Miracle Organics Private
14.3.8 HCM Agro produts
14.3.9 Vijay Agro Industries
14.3.10 Arysta Life Science
14.3.11 VALAGRO
14.3.12 Leili
14.3.13 Acadian Seaplants
14.3.14 Kelpak
14.3.15 Grow More