1. Market Research
  2. > Agriculture
  3. > Agricultural Input
  4. > Agrochemical Market Trends
Biostimulants Market by Active Ingredient, Crop Type, Application Method, Form And Region – Global Forecast to 2025

Biostimulants Market by Active Ingredient, Crop Type, Application Method, Form And Region – Global Forecast to 2025

  • April 2019
  • 223 pages
  • ID: 5773306
  • Format: PDF
  • By MarketsandMarkets

Summary

Table of Contents

Search Inside

The biostimulants market is projected to grow at a CAGR of 11.24%, in terms of value. The key drivers include the increase in the need for sustainable agriculture and strong demand for high-value crops.

The biostimulants market is estimated to be valued at USD 2.6 billion in 2019 and is projected to grow at a CAGR of 11.24%, to reach USD 4.9 billion by 2025. The growth of the biostimulants market is driven by the increase in the need for sustainable agriculture; easier availability of certain raw materials, namely, humic acids and seaweeds; and strong demand for high-value crops such as fruits, vegetables, and plantation crops. However, due to the lack of transparency in the patent protection law in various countries, low-quality products are being produced. Thus, duplication during biostimulant product formulation restrains the growth of the biostimulants market.

With the launch of new innovative products, these restraints could be overcome and would provide opportunities for the biostimulants market to grow. It would also be a platform for the development of more innovative extraction technologies.

High price of amino acid contributes to its dominance in the global biostimulants market.

Biostimulants encompass a diverse range of active ingredients, which includes microbial amendments, amino acids, humic acids, fulvic acids, seaweed extracts, and others (which include polysaccharides, trace minerals, and vitamins). These are most commonly used in formulations and have been acclaimed as biostimulant ingredients by the regulatory bodies and associations such as the European Biostimulant Industry Council (EBIC).

As per the industry experts, amino acids are expensive in comparison with other active ingredients.This is due to the high cost associated with the extraction and downstream formulation processes of amino acids.

Humic substances are mentioned to be the least expensive of all active ingredients. Thus, the amino acids segment is projected to remain dominant in the market, in terms of value, during the forecast period.

The fruits & vegetables segment held the dominant market share in the biostimulants market, based on crop type.
Biostimulants can be used for all major crop types across the globe.The major crops considered in the biostimulants market include melons, leafy vegetables, tomatoes, potatoes, cotton, corn, and wheat.

The dosage and the impact of the product vary with respect to different crops.
Based on crop type, fruits & vegetables dominated the biostimulants market, in terms of value, in 2018.This was mainly due to the higher application of biostimulants to crops such as tomatoes, cucumbers, potatoes, grapes, peppers, broccoli, and strawberries.

Also, it helps to enhance the characteristics of the produce, including higher sugar content, rich color, and fruit development and enlargement.

High growth is projected in the Asia Pacific biostimulants market during the forecast period.
The Asia Pacific region is projected to be the fastest-growing market for the period considered in this study.This is due to the requirement to increase crop yield and weak regulatory system, particularly in India and other Southeast Asian countries.

Furthermore, many companies are investing in this region through organic and inorganic strategies.For instance, Arysta LifeScience (now under UPL) launched around nine biostimulant products in the Chinese market in 2017, while Valagro, one of the leading companies in the production and marketing of biostimulants, launched two new products such as Opifol and YieldOn in the Indian market, in 2018.

Thus, increase in the number of product launches in the region boosts the demand for biostimulants.

Break-up of Primaries:
• By Company Type: Tier 1 - 45 %, Tier 2 - 30%, and Tier 3 – 25%
• By Designation: C-Level - 50%, Directors - 20%, and Others* - 30%
• By Region: Asia Pacific - 40%, Europe- 30%, North America- 15%, South America – 5% and RoW - 10%

*Others includes sales managers, marketing managers, and product managers.

Leading players profiled in this report:
• BASF (Germany)
• Valagro (Italy)
• Bayer (Germany)
• UPL (India)
• Biolchim (Italy)
• Isagro (Italy)
• Italpollina (Italy)
• Syngenta (Switzerland)
• FMC Corporation (US)
• Adama (Israel)
• Koppert (the Netherlands)
• Acadian Seaplants (Canada)
• Biovert (Spain)
• Haifa Group (Israel)
• Sapec (Portugal)

Research Coverage:
The report segments the biostimulants market on the basis of active ingredient, crop type, application method, form, and region. In terms of insights, this report has focused on various levels of analyses—the competitive landscape, end-use analysis, and company profiles—which together comprise and discuss views on the emerging & high-growth segments of the global biostimulants market, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.

Reasons to buy this report:
• To get a comprehensive overview of the biostimulants market
• To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
• To gain insights about the major countries/regions in which the biostimulants market is flourishing

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Biofertilizers Market Outlook and Growth Opportunities 2019- 2025

Biofertilizers Market Outlook and Growth Opportunities 2019- 2025

  • $ 4580
  • June 2019

Biofertilizers Market Outlook and Growth Opportunities 2019- 2025Global Biofertilizers Market Outlook and Growth Opportunities to 2025: By Product Type (Nitrogen Fixing, Potash Mobilizing, Phosphate Solubilizing, ...

Organic Fertilizers Market Outlook and Growth Opportunities 2019- 2025

Organic Fertilizers Market Outlook and Growth Opportunities 2019- 2025

  • $ 4580
  • June 2019

Organic Fertilizers Market Outlook and Growth Opportunities 2019- 2025Organic Fertilizers Market Outlook of Mineral, Animal And Plant Based Raw Material Types, Fertilizer Formulations, Crop Types, Uses ...

Biopesticides, Biofertilizers and Biostimulants Agricultural Biologicals Market Outlook and Growth Opportunities 2019- 2025

Biopesticides, Biofertilizers and Biostimulants Agricultural Biologicals Market Outlook and Growth Opportunities 2019- 2025

  • $ 4580
  • June 2019

Biopesticides, Biofertilizers and Biostimulants Agricultural Biologicals Market Outlook and Growth Opportunities 2019- 2025Biopesticides, Biofertilizers and Biostimulants Agricultural Biologicals market ...


ref:plp2019

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on