GLOBAL BIOSTIMULANTS MARKET FORECAST 2019-2027

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GLOBAL BIOSTIMULANTS MARKET FORECAST 2019-2027

A plant biostimulant is a microbial substance that has the ability to facilitate plant growth. Although not aiding in cases of nutrient deficiency, the biostimulants can amplify the nutrient accessibility, water retaining capability, kinetics related to the metabolism, and the chlorophyll production rate. The global biostimulants market is estimated to grow with 12.22% CAGR by millions and 10.80% by thousand hectares during the year 2019-2027. The base year considered for the study is 2018 and the estimated period is between 2019 and 2027.

GLOBAL BIOSTIMULANTS MARKET FORECAST 2019-2027

Global Biostimulants Market by Type (Acid Basedby Crop Type, Extract Based, Others) by Crop Type (Row Crops & Cereals, Fruits & Vegetables, Turf & Ornamentals, Other Crops) by Application (Foliar, Soil, Seed) by Geography.

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A plant biostimulant is a microbial substance that has the ability to facilitate plant growth. Although not aiding in cases of nutrient deficiency, the biostimulants can amplify the nutrient accessibility, water retaining capability, kinetics related to the metabolism, and the chlorophyll production rate. The global biostimulants market is estimated to grow with 12.22% CAGR by millions and 10.80% by thousand hectares during the year 2019-2027. The base year considered for the study is 2018 and the estimated period is between 2019 and 2027. The growth of this market is driven by the following factors:

  • Increasing demand for organic food
  • Benefits such as higher yields and productivity

The most important driver the benefits of biostimulants to increase yield and productivity. Agriculture is a critical sector for the livelihood of individuals and the stability of the overall global economy. Meeting the food demands and their productivity requirements in the future are of considerable importance, because of the increasing global population. This can be achieved through a set of innovations and technologies that have recently come up in support of the agriculture sector, one of which is using biostimulants to boost agricultural production. The use of biostimulants results in improved plant productivity, as they help in the overall nutrient uptake of the plant, without affecting the environment.

The fastest growing segment by crop type is the turf and ornamentals. In the global ornamental market, cut flowers, decorative plants, and bulbs are grown in the form of commercial crops. The presence of pests could dramatically hamper profits. Thus, turf areas need to be maintained with environmental sensitivity while combating harsh environmental conditions and controlling pests. Biostimulant-treated turf grass has better growth, as it develops a relatively better defense system. The largest segment by crop type is the row crops and cereals. Increased need for major row crops and & cereals including maize, wheat and rice is attributed to surging use of biostimulants. The stimulated use of biostimulants in foliar and seed treatment has significantly increased the market share of this segment in the global market. Biostimulants are used in row crops to increase the overall productivity by modulating expansion, division, cell metabolism, as well as improving the transfer of nutrients and sugars apart from transport and lipid biosynthesis.

The restraints and challenges for the biostimulants market are low awareness and lack of regulatory standardization. Even though biostimulants improve the overall health of the agricultural land, by providing the plants a natural habitat to grow, their levels of adoption and acceptability throughout the globe are still low. The usage of plant biostimulants is still in its nascent stage, mainly due to the low awareness among farmers about its effectiveness.

The report on global biostimulants includes segmentation on the basis of type, crop type and application.

Type is sub-segmented into:

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

Crop Type is sub-segmented into:

  • Row Crops & Cereals
  • Fruits & Vegetables
  • Turf & Ornamentals
  • Other Crops

Application is sub-segmented into:

  • Foliar
  • Soil
  • Seed

Geographically, the global biostimulants market has been segmented on the basis of four major regions, which includes:

Europe is the largest region for biostimulants market. Biostimulants are widely utilized in Europe as they stimulate natural processes in plants to enhance crop quality, nutrient uptake, tolerance to abiotic stress, and nutrient efficiency. Countries such as the UK, Germany, France, Spain, and Italy are major contributors to the revenue of this region. Biostimulants do not directly attack the pests, and thus do not fall under the regulatory framework designed for pesticides. The European Biostimulant Industry Council (EBIC) promotes the contribution of plant biostimulants in making agriculture more resilient and sustainable in the region.

The fastest growing region is the Asia Pacific in terms of revenue and volume, in the global biostimulant market. China, Japan, India, South Korea, and Australia are the major contributors to the growth of this region. Biostimulants are used during seed treatments to enhance the crop vigor at the early stage of development in this region.

The biostimulants market is segmented based on type, crop type, and application. The type segment is further subdivided into acid-based, extract-based and others. The acid based is further sub-segmented into Humic Acid, Fulvic Acid and Amino Acid. Extract based is further sub-segmented into seaweed extracts and other plant extracts. The others segment is further sub-segmented into B-Vitamins, Chitin & Chitosan and Microbial Soil Amendments. The crop type segment is further sub-segmented into row crops & cereals, fruits & vegetables, turf & ornamentals and other crops. The application segment is further sub-segmented into foliar, soil and seed.

The major market players of the global biostimulants market are:

  • Valagro SPA
  • Eastman chemical company
  • Arysta LifeScience Corporation
  • Isagro SPA
  • Omex agrifluids Ltd.
  • Others

Company profiles covers the analysis of important players. These companies are using organic and inorganic strategies for growth. For instance, in February 2019, UPL completed the acquisition of Arysta LifeScience (Arysta) from Platform Specialty Products for $4.2 billion. In February 2019, Ilsamin launched ILSAMIN N90. It is a naturally existing biostimulant that is acquired through the enzymatic hydrolytic course (FCEH®) that warranties a higher output of free amino acids.

In February 2019, the Italpollina SPA launched TANDEM, an innovative product in micro granule form which contains an exclusive strain of beneficial micro-organism enriched with LRPP (Lateral Root Promoting Peptide), the peptide of vegetal origin. In December 2018, Eastman acquired Taminco, a global specialty chemical company.

Key Findings of the global biostimulants market:

  • Rising trends in sustainable farming methods
  • Research & development – Key for market growth
  1. RESEARCH SCOPE
    • STUDY GOALS
    • SCOPE OF THE MARKET STUDY
    • WHO WILL FIND THIS REPORT USEFUL?
    • STUDY AND FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    • SOURCES OF DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • TOP-DOWN APPROACH
    • BOTTOM-UP APPROACH
    • DATA TRIANGULATION
  3. EXECUTIVE SUMMARY
    • MARKET SUMMARY
    • KEY FINDINGS
      • RISING TRENDS IN SUSTAINABLE FARMING METHODS
      • RESEARCH & DEVELOPMENT – KEY FOR MARKET GROWTH
  1. MARKET DYNAMICS
    • MARKET SCOPE & DEFINITION
    • MARKET DRIVERS
      • INCREASING DEMAND FOR ORGANIC FOOD
      • BENEFITS SUCH AS HIGHER YIELDS AND PRODUCTIVITY
    • MARKET RESTRAINTS
      • LOW AWARENESS
    • MARKET OPPORTUNITIES
      • INCREASING GOVERNMENT SUPPORT FOR BIOSTIMULANTS IN EUROPE REGION
      • DEVELOPMENT OF BIOBASED AGROCHEMICALS
    • MARKET CHALLENGES
      • LACK OF REGULATORY STANDARDIZATION
  1. MARKET BY TYPE
    • ACID BASED
      • HUMIC ACID
      • FULVIC ACID
      • AMINO ACID
    • EXTRACT BASED
      • SEAWEED EXTRACTS
      • OTHER PLANT EXTRACTS
    • OTHERS
      • B-VITAMINS
      • CHITIN & CHITOSAN
      • MICROBIAL SOIL AMENDMENTS
  1. MARKET BY CROP TYPE
    • ROW CROPS & CEREALS
    • FRUITS & VEGETABLES
    • TURF & ORNAMENTALS
    • OTHER CROPS
  2. MARKET BY APPLICATION
    • FOLIAR
    • SOIL
    • SEED
  3. KEY ANALYTICS
    • PORTER’S FIVE FORCE MODEL
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTE
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • THREAT OF COMPETITIVE RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
  4. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
    • EUROPE
      • GERMANY
      • UNITED KINGDOM
      • FRANCE
      • SPAIN
      • ITALY
      • RUSSIA
      • REST OF EUROPE
    • ASIA PACIFIC
      • CHINA
      • INDIA
      • SOUTH KOREA
      • JAPAN
      • AUSTRALIA
      • REST OF ASIA PACIFIC
    • REST OF WORLD
      • LATIN AMERICA
      • MIDDLE EAST & AFRICA
  1. COMPANY PROFILES
    • EASTMAN CHEMICAL COMPANY
    • ARYSTA LIFESCIENCE CORPORATION (ACQUIRED BY UPL)
    • ISAGRO GROUP
    • LALLEMAND PLANT CARE
    • AGRINOS AS
    • ATLÁNTICA AGRICOLA
    • BIOSTADT INDIA LTD.
    • BRANDT CONSOLIDATED INC.
    • ISAGRO SPA
    • ITALPOLLINA SPA
    • KOPPERT BV
    • MICROMIX PLANT HEALTH LTD.
    • OMEX AGRIFLUIDS LTD.
    • TRADECORP INTERNATIONAL
    • VALAGRO SPA
    • AGROENZYMAS GROUP

 

LIST OF TABLES

TABLE 1:       GLOBAL BIOSTIMULANTS MARKET, BY GEOGRAPHY, 2019-2027 (IN $ MILLION)

TABLE 2:       GLOBAL BIOSTIMULANTS MARKET, BY GEOGRAPHY, 2019-2027 (IN THOUSAND HECTARES)

TABLE 3:       GLOBAL BIOSTIMULANTS MARKET, BY TYPE, 2019-2027 (IN $ MILLION)

TABLE 4:       GLOBAL BIOSTIMULANTS MARKET, BY TYPE, 2019-2027 (IN THOUSAND HECTARES)

TABLE 5:       GLOBAL ACID BASED MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 6:       GLOBAL BIOSTIMULANTS ACID BASED MARKET (IN MILLIONS)

TABLE 7:       GLOBAL BIOSTIMULANTS ACID BASED MARKET (IN THOUSAND HECTARES)

TABLE 8:       GLOBAL EXTRACT BASED MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 9:       GLOBAL BIOSTIMULANTS EXTRACT BASED MARKET (IN MILLIONS)

TABLE 10:     GLOBAL BIOSTIMULANTS EXTRACT BASED MARKET (IN THOUSAND HECTARES)

TABLE 11:     GLOBAL OTHERS MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 12:     GLOBAL BIOSTIMULANTS OTHERS MARKET (IN MILLIONS)

TABLE 13:     GLOBAL BIOSTIMULANTS OTHERS MARKET (IN THOUSAND HECTARES)

TABLE 14:     GLOBAL BIOSTIMULANTS MARKET, BY CROP TYPE, 2019-2027 (IN $ MILLION)

TABLE 15:     GLOBAL BIOSTIMULANTS MARKET, BY CROP TYPE, 2019-2027 (IN THOUSAND HECTARES)

TABLE 16:     GLOBAL ROW CROPS & CEREALS MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 17:     GLOBAL FRUITS & VEGETABLES MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 18:     GLOBAL TURF & ORNAMENTALS MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 19:     GLOBAL OTHER CROPS MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 20:     GLOBAL BIOSTIMULANTS MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)

TABLE 21:     GLOBAL BIOSTIMULANTS MARKET, BY APPLICATION, 2019-2027 (IN THOUSAND HECTARES)

TABLE 22:     GLOBAL FOLIAR MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 23:     GLOBAL SOIL MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 24:     GLOBAL SEED MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 25:     OPPORTUNITY MATRIX

TABLE 26:     VENDOR LANDSCAPE

TABLE 27:     GLOBAL BIOSTIMULANTS MARKET, BY GEOGRAPHY, 2019-2027 (IN $ MILLION)

TABLE 28:     GLOBAL BIOSTIMULANTS MARKET, BY GEOGRAPHY, 2019-2027 (IN THOUSAND HECTARES)

TABLE 29:     NORTH AMERICA BIOSTIMULANTS MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 30:     NORTH AMERICA BIOSTIMULANTS MARKET, BY COUNTRY, 2019-2027 (IN THOUSAND HECTARES)

TABLE 31:     EUROPE BIOSTIMULANTS MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 32:     EUROPE BIOSTIMULANTS MARKET, BY COUNTRY, 2019-2027 (IN THOUSAND HECTARES)

TABLE 33:     ASIA PACIFIC BIOSTIMULANTS MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 34:     ASIA PACIFIC BIOSTIMULANTS MARKET, BY COUNTRY, 2019-2027 (IN THOUSAND HECTARES)

TABLE 35:     REST OF WORLD BIOSTIMULANTS MARKET, BY REGION, 2019-2027 (IN $ MILLION)

TABLE 36:     REST OF WORLD BIOSTIMULANTS MARKET, BY REGION, 2019-2027 (IN THOUSAND HECTARES)

LIST OF FIGURES

FIGURE 1:     GLOBAL BIOSTIMULANTS MARKET, BY CROP TYPE, 2018 & 2027 (IN %)

FIGURE 2:     GLOBAL BIOSTIMULANTS MARKET, BY ACID BASED, 2019-2027 (IN $ MILLION)

FIGURE 3:     GLOBAL BIOSTIMULANTS MARKET, BY HUMIC ACID, 2019-2027 (IN $ MILLION)

FIGURE 4:     GLOBAL BIOSTIMULANTS MARKET, BY FULVIC ACID, 2019-2027 (IN $ MILLION)

FIGURE 5:     GLOBAL BIOSTIMULANTS MARKET, BY AMINO ACID, 2019-2027 (IN $ MILLION)

FIGURE 6:     GLOBAL BIOSTIMULANTS MARKET, BY EXTRACT BASED, 2019-2027 (IN $ MILLION)

FIGURE 7:     GLOBAL BIOSTIMULANTS MARKET, BY SEAWEED EXTRACTS, 2019-2027 (IN $ MILLION)

FIGURE 8:     GLOBAL BIOSTIMULANTS MARKET, BY OTHER PLANT EXTRACTS, 2019-2027 (IN $ MILLION)

FIGURE 9:     GLOBAL BIOSTIMULANTS MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)

FIGURE 10:  GLOBAL BIOSTIMULANTS MARKET, BY B-VITAMINS, 2019-2027 (IN $ MILLION)

FIGURE 11:  GLOBAL BIOSTIMULANTS MARKET, BY CHITIN & CHITOSAN, 2019-2027 (IN $ MILLION)

FIGURE 12:  GLOBAL BIOSTIMULANTS MARKET, BY MICROBIAL SOIL AMENDMENTS, 2019-2027 (IN $ MILLION)

FIGURE 13:  GLOBAL BIOSTIMULANTS MARKET, BY ROW CROPS & CEREALS, 2019-2027 (IN $ MILLION)

FIGURE 14:  GLOBAL BIOSTIMULANTS MARKET, BY FRUITS & VEGETABLES, 2019-2027 (IN $ MILLION)

FIGURE 15:  GLOBAL BIOSTIMULANTS MARKET, BY TURF & ORNAMENTALS, 2019-2027 (IN $ MILLION)

FIGURE 16:  GLOBAL BIOSTIMULANTS MARKET, BY OTHER CROPS, 2019-2027 (IN $ MILLION)

FIGURE 17:  GLOBAL BIOSTIMULANTS MARKET, BY FOLIAR, 2019-2027 (IN $ MILLION)

FIGURE 18:  GLOBAL BIOSTIMULANTS MARKET, BY SOIL, 2019-2027 (IN $ MILLION)

FIGURE 19:  GLOBAL BIOSTIMULANTS MARKET, BY SEED, 2019-2027 (IN $ MILLION)

FIGURE 20:  PORTER’S FIVE FORCE ANALYSIS

FIGURE 21:  GLOBAL BIOSTIMULANTS MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)

FIGURE 22:  UNITED STATES BIOSTIMULANTS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 23:  CANADA BIOSTIMULANTS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 24:  GERMANY BIOSTIMULANTS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 25:  UNITED KINGDOM BIOSTIMULANTS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 26:  FRANCE BIOSTIMULANTS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 27:  SPAIN BIOSTIMULANTS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 28:  ITALY BIOSTIMULANTS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 29:  RUSSIA BIOSTIMULANTS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 30:  REST OF EUROPE BIOSTIMULANTS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 31:  CHINA BIOSTIMULANTS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 32:  INDIA BIOSTIMULANTS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 33:  SOUTH KOREA BIOSTIMULANTS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 34:  JAPAN BIOSTIMULANTS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 35:  AUSTRALIA BIOSTIMULANTS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 36:  REST OF ASIA PACIFIC BIOSTIMULANTS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 37:  LATIN AMERICA BIOSTIMULANTS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 38:  MIDDLE EAST & AFRICA BIOSTIMULANTS MARKET, 2019-2027 (IN $ MILLION)

  1. MARKET BY TYPE
    • ACID BASED
      • HUMIC ACID
      • FULVIC ACID
      • AMINO ACID
    • EXTRACT BASED
      • SEAWEED EXTRACTS
      • OTHER PLANT EXTRACTS
    • OTHERS
      • B-VITAMINS
      • CHITIN & CHITOSAN
      • MICROBIAL SOIL AMENDMENTS
  1. MARKET BY CROP TYPE
    • ROW CROPS & CEREALS
    • FRUITS & VEGETABLES
    • TURF & ORNAMENTALS
    • OTHER CROPS
  2. MARKET BY APPLICATION
    • FOLIAR
    • SOIL
    • SEED
  3. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
    • EUROPE
      • GERMANY
      • UNITED KINGDOM
      • FRANCE
      • SPAIN
      • ITALY
      • RUSSIA
      • REST OF EUROPE
    • ASIA PACIFIC
      • CHINA
      • INDIA
      • SOUTH KOREA
      • JAPAN
      • AUSTRALIA
      • REST OF ASIA PACIFIC
    • REST OF WORLD
      • LATIN AMERICA
      • MIDDLE EAST & AFRICA

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