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Biostimulants Market Size, Trends, Companies Share, Growth and Demand by 2025

The global biostimulants market reached a value of US$ 2.5 Billion in 2019. Looking forward, IMARC Group expects the global market to reach a value of US$ 4.8 Billion by 2025, registering a CAGR of 11.5% during 2020-2025. Biostimulants are microbe-based agricultural chemicals that promote the organic growth of a plant. They are produced from various active ingredients, like humic and fulvic acids, seaweed extracts, amino acids, vitamins, trace minerals, polysaccharides, and microbial amendments. Biostimulants improve nutrient availability, environmental stress tolerance, water holding capacity, metabolism, and chlorophyll production in the plant. They also help in enhancing the antioxidant properties, stimulating root development, and plant cell enlargement.

Biostimulants Market Growth Drivers:

The expanding agriculture industry, growing demand for agricultural sustainability, and rising adoption of organic farming practices are primarily catalyzing the global biostimulants market growth. It is widely being utilized in organic manure to improve soil fertility and plant health. Moreover, the growing concerns towards the adverse effects of chemically synthesized pesticides and fertilizers are further augmenting the market growth. Furthermore, the decline in the availability of fertile land and surging food consumption levels are also driving the product demand. Numerous innovations and increasing R&D activities in the field of agricultural sciences are further anticipated to drive the global biostimulants market.

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Biostimulants Market 2020-2025 Competitive Analysis and Segmentation:

Competitive Landscape:                                                              

The competitive landscape of the global biostimulants market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • Koppert B.V.
  • Novozymes
  • Syngenta
  • Valagro SpA,
  • Agrinos AS
  • Adama LTD.
  • BASF SE
  • Bayer
  • Biolchim SpA.

The report has segmented the global biostimulants market on the basis of product type, crop type, form, origin, distribution channel, application, end user and region.

Breakup by Product Type:

  • Acid-based
    • Humic Acid
    • Fulvic Acid
    • Amino Acid
  • Extract-based
    • Seaweed Extract
    • Other Plant Extracts
  • Others
    • Microbial Soil Amendments
    • Chitin & Chitosan
    • Others

Breakup by Crop Type:

  • Cereals and Grains
  • Fruits and Vegetables
  • Turf and Ornamentals
  • Oilseeds and Pulses
  • Others

Breakup by Form:           

  • Dry
  • Liquid

Breakup by Origin:

  • Natural
  • Synthetic

Breakup by Distribution Channel:

  • Direct
  • Indirect

Breakup by Application:                                                            

  • Foliar Treatment
  • Soil Treatment
  • Seed Treatment

Breakup by End-User:

  • Farmers
  • Research Organizations
  • Others

Breakup by Region:          

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East and Africa

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Key highlights of the report:

  • Market Performance (2014-2019)
  • Market Outlook (2020- 2025)
  • Market Trends
  • Market Drivers and Success Factors
  • The Impact of COVID-19 on the Global Market
  • Value Chain Analysis
  • Structure of the Global Market
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Biostimulants Market 2020 Global Analysis, Trends, Forecast up to 2025 – Biostadt , Neophyll, Nakoda Biocontrols, Biotech International

Overview Of Biostimulants Industry 2020-2025:

This has brought along several changes in This report also covers the impact of COVID-19 on the global market.

The Biostimulants Market analysis summary by Reports Insights is a thorough study of the current trends leading to this vertical trend in various regions. Research summarizes important details related to market share, market size, applications, statistics and sales. In addition, this study emphasizes thorough competition analysis on market prospects, especially growth strategies that market experts claim.

Biostimulants Market competition by top manufacturers as follow: , 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

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The global Biostimulants market has been segmented on the basis of technology, product type, application, distribution channel, end-user, and industry vertical, along with the geography, delivering valuable insights.

The Type Coverage in the Market are:
Acid-based Biostimulants
Extract-based Biostimulants

Market Segment by Applications, covers:
Fruits & Vegetables
Turf & Ornamentals
Row Crops

Market segment by Regions/Countries, this report covers
North America
Europe
China
Rest of Asia Pacific
Central & South America
Middle East & Africa

Major factors covered in the report:

  • Global Biostimulants Market summary
  • Economic Impact on the Industry
  • Market Competition in terms of Manufacturers
  • Production, Revenue (Value) by geographical segmentation
  • Production, Revenue (Value), Price Trend by Type
  • Market Analysis by Application
  • Cost Investigation
  • Industrial Chain, Raw material sourcing strategy and Downstream Buyers
  • Marketing Strategy comprehension, Distributors and Traders
  • Study on Market Research Factors
  • Global Biostimulants Market Forecast

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The analysis objectives of the report are:

  • To know the Global Biostimulants Market size by pinpointing its sub-segments.
  • To study the important players and analyse their growth plans.
  • To analyse the amount and value of the Global BiostimulantsMarket, depending on key regions
  • To analyse the Global Biostimulants Market concerning growth trends, prospects and also their participation in the entire sector.
  • To examine the Global Biostimulants Market size (volume & value) from the company, essential regions/countries, products and application, background information.
  • Primary worldwide Global Biostimulants Market manufacturing companies, to specify, clarify and analyse the product sales amount, value and market share, market rivalry landscape, SWOT analysis and development plans for future.
  • To examine competitive progress such as expansions, arrangements, new product launches and acquisitions on the market.

Our report offers:

– Market share assessments for the regional and country level segments.
– Market share analysis of the top industry players.
– Strategic recommendations for the new entrants.
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets.
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations).
– Strategic recommendations in key business segments based on the market estimations.
– Competitive landscaping mapping the key common trends.
– Company profiling with detailed strategies, financials, and recent developments.
– Supply chain trends mapping the latest technological advancements.

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Impact of COVID-19 on Biostimulants Market : Implications on Business

Biostimulants Market: Introduction

In terms of value, the global biostimulants market is anticipated to expand at a CAGR of ~12% from 2019 to 2027. The arable land has been decreasing since the last 50 years due to the surge in population and erosion of soil. Frequent plowing of fields and increase in usage of chemical-based fertilizers have led to substantial soil degradation. Erosion of soil has been occurring at 100 times greater pace than the rate of soil formation. Approximately 500 years are required for 2.5 cm of topsoil to be created considering the ecological changes. According to the European Commission, the amount of land used for agricultural purposes in Europe is likely to decline between 2018 and 2030. The area is projected to decrease from 178 million ha (hectare) in 2018 to 176 million ha in 2030. The demand for food is expected to increase due to an exponential rise in population across the globe. According to the United Nations, the global population is anticipated to surpass 9 billion by 2050. This is projected to propel the demand for high yield crop solutions such as biostimulants during the forecast period, thereby creating a positive outlook for the biostimulants market.

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Lack of Awareness Regarding Benefits of Biostimulants to Hamper Market

The rate of adoption of technologically advanced products is sluggish in agriculture and agriculture-related industries in developing economies such as India and Brazil. Conventional techniques are dominant in the agriculture sector in developing countries. Additionally, farmers are familiar with chemical-based agro products, owing to their ease of availability and lower prices vis-à-vis bio-based products. End users are reluctant to utilize advanced products, due to financial constraints. They continue to use conventional agro products over innovative agro products with better results and low impact on the environment. Thus, reluctance toward adoption of advanced products among farmers is a major restraint of the market

Humic Acids & Fulvic Acids and Fruits & Vegetables Products to Dominate Biostimulants Market

In terms of product, the global biostimulants market has been divided into humic acids & fulvic acids, amino acids, microbial stimulants, seaweed, vitamins, and biorationals. Among these, the humic acids & fulvic acids segment dominated the global biostimulants market in terms of revenue in 2018. Humic acids and fulvic acids increase the cation exchange capacity (CEC) of the soil or any other substrate, thereby refining the soil capability to provide plants with crucial nutrients. Humic substances also facilitate electrochemical potential in the root zone. This boosts the uptake of nutrients. Humic and fulvic acids are intermediate chelators; they hold mineral ions in such a way that they are not lost in the soil, but are made available to plants when required. Humic substances form a passage between mineral cations and clay particles.

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Commercial to be Dominant Application of Biostimulants Market

Based on application, the global biostimulants market has been segregated into fruits & vegetables, oilseeds & pulses, cereals & grains, turfs, landscapes, and ornamental flowers. The fruits & vegetables segment is anticipated to dominate the market from 2019 to 2027. When applied to fruits and vegetables, biostimulants enhance several parameters of the crop quality, including color, firmness, sugar contents (BRIX), and post-harvest quality. Biostimulants optimize the fruit size and crop uniformity. They stimulate cell division in young fruits. Biostimulants also offer nutrients vital for plant metabolic processes such as photosynthesis. This, in turn, increases the marketable yield.

North America to be Lucrative Region of Biostimulants Market

Based on region, the global biostimulants market has been classified into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. The biostimulants market in North America is projected to expand at a CAGR of more than 11% during the forecast period. North America is expected to offer significant opportunities to the biostimulants market during the forecast period. Lack of a definite regulatory framework for biostimulants had been a challenge for market participants until recently. However, the U.S. Agriculture Improvement Act of 2018, also identified as the 2018 Farm Bill was passed in December 2018. It involved formal recognition of biostimulants and made significant provisions for them. The 2018 Farm Bill provided a clear boundary for distinguishing biostimulants from other agro products such as fertilizers and pesticides. Defining biostimulants and forming a regulatory path for their commercialization is expected to increase their adoption in the next few years. This is projected to provide lucrative opportunities to the biostimulants market in North America during the forecast period.

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Competition Landscape

The global biostimulants market was highly fragmented, with various small- and medium-scale producers of biostimulants constituting nearly 60% share in 2018. Europe has been a lucrative region of the global biostimulants market for investors since the last few years. Of late, market participants have undertaken significant expansion initiatives in Europe. In January 2019, Premier Tech acquired TerreauxSTAR through its business unit called Premier Tech Horticulture France. The acquisition aimed to consolidate Premier Tech’s presence in the horticulture sector in France and the overall Europe region.

Key manufacturers operating in the global biostimulants market include Syngenta, Novozymes A/S, Valagro SpA, Isagro S.p.A., Agrinos, Biolchim SPA, Premier Tech Ltd., Agriculture Solutions Inc., West Coast Marine Bio-Processing, Corp., Italpollina S.p.A, Agricen, UPL, Koppert Biological Systems, Kelp Products International, and Haifa Group.

Global Biostimulants Market: Segmentation

Biostimulants Market, by Product

  • Humic Acids & Fulvic Acids
  • Amino Acids
  • Microbial Stimulants
  • Seaweed
  • Vitamins
  • Biorationals (including Minerals)

Biostimulants Market, by Application

  • Oilseeds & Pulses
  • Cereals & Grains
  • Fruits & Vegetables
  • Turf
  • Landscapes
  • Ornamental Flowers

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Biostimulants Market 2020 |Global Industry Analysis By Trends, Size, Share, Company Overview, Growth And Forecast By 2026| Latest Research Report By Industry Growth Insights

The Global Biostimulants Market analysis report published on IndustryGrowthInsights.com is a detailed study of market size, share and dynamics covered in XX pages and is an illustrative sample demonstrating market trends. This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of the impact is covered in the report. It covers the entire market with an in-depth study on revenue growth and profitability. The report also delivers on key players along with strategic standpoint pertaining to price and promotion.

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The Global Biostimulants Market report entails a comprehensive database on future market estimation based on historical data analysis. It enables the clients with quantified data for current market perusal. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and regional analysis. Listed out are key players, major collaborations, merger & acquisitions along with upcoming and trending innovation. Business policies are reviewed from the techno-commercial perspective demonstrating better results. The report contains granular information & analysis pertaining to the Global Biostimulants Market size, share, growth, trends, segment and forecasts from 2020-2026.

With an all-round approach for data accumulation, the market scenarios comprise major players, cost and pricing operating in the specific geography/ies. Statistical surveying used are SWOT analysis, PESTLE analysis, predictive analysis, and real-time analytics. Graphs are clearly used to support the data format for clear understanding of facts and figures.

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Primary research, interviews, news sources and information booths have made the report precise having valuable data. Secondary research techniques add more in clear and concise understanding with regards to placing of data in the report.

The report segments the Global Biostimulants Market as:
Global Biostimulants Market Size & Share, by Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Global Biostimulants Market Size & Share, by Products
Acid-based Biostimulants
Extract-based Biostimulants

Global Biostimulants Market Size & Share, Applications
Fruits & Vegetables
Turf & Ornamentals
Row Crops

Key Players
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

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