Market Overview:
The global agriculture biostimulant market is estimated to be valued at US$ 2,362.8 Mn in 2018 and is projected to reach US$ 5,746.4 Mn by 2030, registering a CAGR of 11.5% from 2018 to 2030. The market growth can be attributed to the increasing demand for organic food products and the rising awareness about the benefits of using biostimulants among farmers across the globe. Based on type, natural biostimulants accounted for a larger share of the global agriculture biostimulant market in 2017 and are expected to maintain their dominance during the forecast period as well. This can be attributed to their easy availability and low cost as compared with biosynthetic counterparts.
Product Definition:
An agricultural biostimulant is a product that improves plant health or growth by stimulating the natural processes of the plant.
Natural:
Natural is a product that has been derived from plants and animals without the use of harmful chemicals. The global demand for natural biostimulant is expected to grow at a significant rate owing to its increasing application in agriculture, horticulture, forestry, and animal husbandry. Rising awareness regarding health hazards associated with synthetic products such as birth defects and sterility along with environmental concerns such as degradability is anticipated to drive the market growth over the forecast period.
Biosynthetic:
Biosynthetic is a method used to produce organic chemicals from inorganic raw materials. It is also known as the enzymatic process because it involves the use of living organisms, most commonly microorganisms. Biosynthesis can be performed on a commercial scale using various techniques including fermentation, transcrption, and translation.
Application Insights:
Soil application accounted for the largest market share in 2017 and is anticipated to continue its dominance over the forecast period. The product improves soil quality by increasing biological productivity, thereby enhancing crop yield. It also helps farmers manage soil erosion by binding particles together, thereby reducing run offs during rains. These factors are projected to propel demand over the coming years.
Seed treatment is expected to witness a CAGR of XX% from 2018 to 2030 owing to rising awareness among farmers regarding biostimulants that enhance germination and early development stages of plants. This factor along with high adoption rates in major crops such as soybean and cotton is likely drive segment growth soonershortly after 2018 ADB funding for agricultural research has been supporting countries in Africa since 1969 through a long-term (25 year) lending program known as the African Development Bank (ADB).
Regional Analysis:
North America dominated the global agriculture biostimulant market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to increasing soil degradation and poor crop yield due to drought and salinity stress. In addition, rising awareness regarding organic farming practices is also anticipated to drive demand for biostimulants in North America over the forecast period.
Asia Pacific is projected to be one of the fastest-growing markets for agriculture biostimulants during the same period as countries such as China and India are adopting modern agricultural techniques with an aim toward high production output per hectare land area through intensive use of fertilizers and other agrochemicals that damage soil structure leading toward reduced productivity over a long term horizon.
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 demand for bio-based products: The biobased economy is estimated to be worth trillion by 2030. This growth can be attributed to the increasing demand for sustainable and environment-friendly products across industries.
- Growing population and rising income levels in developing countries: The global population is expected to reach 9 billion by 2050, and most of this growth will take place in developing countries with rising income levels. This will create opportunities for the agriculture biostimulant market as these countries strive to meet the growing demand for food grains, fruits, and vegetables.
- nearly 60% of the world’s population is expected to live in cities, up from 54% in 2014. This rapid urbanization will lead to an increase in per capita income levels and a rise in consumer spending on processed foods and other agricultural commodities such as fruits, vegetables, meat, poultry etc., which will create opportunities for players operating in the agriculture biostimulant market . 5) Technological advancements: There has been a significant increase in research activities aimed at developing novel agrochemicals that improve crop productivity without causing any environmental damage
Scope Of The Report
Report Attributes
Report Details
Report Title
Agriculture Biostimulant Market Research Report
By Type
Natural, Biosynthetic
By Application
Soil, Seed, Foilar
By Companies
Marrone Bio Innovation, Biolchim SpA, Valagro SpA, Biostadt, Andermatt Biocontrol, Koppert, BASF, Sapec, Italpollina, Micromix Plant Health, BioAtlantis, Haifa Chemicals, Agrinos
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Agriculture Biostimulant Market Report Segments:
The global Agriculture Biostimulant market is segmented on the basis of:
Types
Natural, Biosynthetic
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
Soil, Seed, Foilar
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:
- Marrone Bio Innovation
- Biolchim SpA
- Valagro SpA
- Biostadt
- Andermatt Biocontrol
- Koppert
- BASF
- Sapec
- Italpollina
- Micromix Plant Health
- BioAtlantis
- Haifa Chemicals
- Agrinos
Highlights of The Agriculture Biostimulant 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:
- Natural
- Biosynthetic
- By Application:
- Soil
- Seed
- Foilar
- 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 Biostimulant 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.
How you may use our products:
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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 biostimulant is a product that helps to improve crop yields. It can be used as an additive in fertilizers or as a standalone product.
Some of the key players operating in the agriculture biostimulant market are Marrone Bio Innovation, Biolchim SpA, Valagro SpA, Biostadt, Andermatt Biocontrol, Koppert, BASF, Sapec, Italpollina, Micromix Plant Health, BioAtlantis, Haifa Chemicals, Agrinos.
The agriculture biostimulant market is expected to register a CAGR of 11.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Agriculture Biostimulant 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 Biostimulant Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Agriculture Biostimulant 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 Biostimulant 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 Biostimulant Market Size & Forecast, 2020-2028
4.5.1 Agriculture Biostimulant Market Size and Y-o-Y Growth
4.5.2 Agriculture Biostimulant Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Natural
5.2.2 Biosynthetic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Soil
6.2.2 Seed
6.2.3 Foilar
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Agriculture Biostimulant 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 Biostimulant 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Natural
9.6.2 Biosynthetic
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 Market Size Forecast by Applications
9.10.1 Soil
9.10.2 Seed
9.10.3 Foilar
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Natural
10.6.2 Biosynthetic
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 Market Size Forecast by Applications
10.10.1 Soil
10.10.2 Seed
10.10.3 Foilar
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Natural
11.6.2 Biosynthetic
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 Market Size Forecast by Applications
11.10.1 Soil
11.10.2 Seed
11.10.3 Foilar
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Natural
12.6.2 Biosynthetic
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 Market Size Forecast by Applications
12.10.1 Soil
12.10.2 Seed
12.10.3 Foilar
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Natural
13.6.2 Biosynthetic
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) Market Size Forecast by Applications
13.10.1 Soil
13.10.2 Seed
13.10.3 Foilar
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 Biostimulant Market: Competitive Dashboard
14.2 Global Agriculture Biostimulant Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Marrone Bio Innovation
14.3.2 Biolchim SpA
14.3.3 Valagro SpA
14.3.4 Biostadt
14.3.5 Andermatt Biocontrol
14.3.6 Koppert
14.3.7 BASF
14.3.8 Sapec
14.3.9 Italpollina
14.3.10 Micromix Plant Health
14.3.11 BioAtlantis
14.3.12 Haifa Chemicals
14.3.13 Agrinos
