The North America biostimulants market is projected to register a CAGR of 12.75% in terms of revenue and 11.84% in terms of volume, during the forecast period of 2021 to 2028. The region’s market growth is facilitated by the growing importance of food security, the need for improved yield, and the rising cost of synthetic fungicides and pesticides. The North America biostimulants market growth analysis includes the assessment of the United States and Canada. The United States possesses a highly-evolved agricultural sector and continues to adopt organic and natural farming approaches.
NORTH AMERICA BIOSTIMULANTS MARKET FORECAST 2021-2028
North America Biostimulants 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)) by Crop Type (Row Crops & Cereals, Fruits & Vegetables, Turf & Ornamentals, Other Crops) by Application (Foliar, Soil, Seed) and by Geography
The North America biostimulants market is projected to register a CAGR of 12.75% in terms of revenue and 11.84% in terms of volume, during the forecast period of 2021 to 2028. The region’s market growth is facilitated by the growing importance of food security, the need for improved yield, and the rising cost of synthetic fungicides and pesticides.
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The North America biostimulants market growth analysis includes the assessment of the United States and Canada. The United States possesses a highly-evolved agricultural sector and continues to adopt organic and natural farming approaches. As a result, the country observes an increased consumption of biostimulants. Moreover, the issues related to chemical inputs, as well as their adverse impact on the environment and soil mass, propel market growth. This further increases the awareness of biostimulants, regarding balanced plant nutrition, across the United States.
On the other hand, Canada is the second-largest market for biostimulants in North America. The growth is mainly accredited to the growing support from the Canadian government, in order to ensure safe agriculture in the country. Canada is also a promising market, in terms of biostimulants’ demand generation, on account of the increasing agricultural land size, and improved investments within the country’s agricultural sector. Therefore, these factors are expected to drive market growth in North America, during the forecast period.
Eastman Chemical Company, headquartered in the United States, is an advanced international material and specialty additives company. It manufactures a wide range of daily-use products. Moreover, the company has 48 manufacturing sites and equity interests in three manufacturing joint ventures, across 14 nations, catering to consumers across the world.
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- RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
- EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- MARKET OVERVIEW
- MARKET DYNAMICS
- MARKET DEFINITION
- KEY DRIVERS
- INCREASING DEMAND FOR ORGANIC FOOD
- BENEFITS SUCH AS HIGHER YIELDS AND PRODUCTIVITY
- RISING TRENDS IN SUSTAINABLE FARMING METHODS
- KEY RESTRAINTS
- LOW AWARENESS
- LACK OF REGULATORY STANDARDISATION
- LOWER INNOVATION IN PRODUCT DEVELOPMENT
- KEY ANALYTICS
- IMPACT OF COVID-19 ON BIOSTIMULANTS MARKET
- KEY INVESTMENT INSIGHTS
- PORTER’S FIVE FORCE ANALYSIS
- BUYER POWER
- SUPPLIER POWER
- SUBSTITUTION
- NEW ENTRANTS
- INDUSTRY RIVALRY
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- REGULATORY FRAMEWORK
- MARKET BY TYPE (VALUE IN $ MILLION & VOLUME IN THOUSAND HECTARES)
- ACID-BASED
- HUMIC ACID
- FULVIC ACID
- AMINO ACID
- EXTRACT-BASED
- SEAWEED EXTRACTS
- OTHER PLANT EXTRACTS
- OTHERS
- B-VITAMINS
- CHITIN & CHITOSAN
- MICROBIAL SOIL AMENDMENTS
- ACID-BASED
- MARKET CROP TYPE (VALUE IN $ MILLION & VOLUME IN THOUSAND HECTARES)
- ROW CROPS & CEREALS
- FRUITS & VEGETABLES
- TURF & ORNAMENTALS
- OTHER CROPS
- MARKET BY APPLICATION (VALUE IN $ MILLION & VOLUME IN THOUSAND HECTARES)
- FOLIAR
- SOIL
- SEED
- GEOGRAPHICAL ANALYSIS (VALUE IN $ MILLION & VOLUME IN THOUSAND HECTARES)
- NORTH AMERICA
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- COUNTRY ANALYSIS
- UNITED STATES
- CANADA
- NORTH AMERICA
- COMPETITIVE LANDSCAPE
- KEY STRATEGIC DEVELOPMENTS
- MERGER & ACQUISITIONS
- PRODUCT LAUNCH & DEVELOPMENTS
- PARTNERSHIP, CONTRACT/AGREEMENT & COLLABORATION
- BUSINESS EXPANSION
- COMPANY PROFILES
- EASTMAN CHEMICAL COMPANY
- ARYSTA LIFESCIENCE CORPORATION
- ISAGRO SPA
- LALLEMAND PLANT CARE
- AGRINOS AS
- BRANDT CONSOLIDATED INC
- ITALPOLLINA SPA
- KOPPERT BV
- MICROMIX PLANT HEALTH LTD
- OMEX AGRIFLUIDS LTD
- TRADECORP INTERNATIONAL
- VALAGRO SPA
- AGROENZYMAS GROUP
- VERDESIAN LIFE SCIENCES
- MICROBIAL DISCOVERY GROUP
- KEY STRATEGIC DEVELOPMENTS
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT – BIOSTIMULANTS
TABLE 2: REGULATORY FRAMEWORK
TABLE 3: NORTH AMERICA BIOSTIMULANTS MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 4: NORTH AMERICA BIOSTIMULANTS MARKET, BY TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 5: NORTH AMERICA BIOSTIMULANTS MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN THOUSAND HECTARES)
TABLE 6: NORTH AMERICA BIOSTIMULANTS MARKET, BY TYPE, FORECAST YEARS, 2021-2028 (IN THOUSAND HECTARES)
TABLE 7: NORTH AMERICA BIOSTIMULANTS MARKET, BY ACID-BASED, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 8: NORTH AMERICA BIOSTIMULANTS MARKET, BY ACID-BASED, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 9: NORTH AMERICA BIOSTIMULANTS MARKET, BY ACID-BASED, HISTORICAL YEARS, 2016-2020 (IN THOUSAND HECTARES)
TABLE 10: NORTH AMERICA BIOSTIMULANTS MARKET, BY ACID-BASED, FORECAST YEARS, 2021-2028 (IN THOUSAND HECTARES)
TABLE 11: NORTH AMERICA BIOSTIMULANTS MARKET, BY EXTRACT-BASED, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 12: NORTH AMERICA BIOSTIMULANTS MARKET, BY EXTRACT-BASED, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 13: NORTH AMERICA BIOSTIMULANTS MARKET, BY EXTRACT-BASED, HISTORICAL YEARS, 2016-2020 (IN THOUSAND HECTARES)
TABLE 14: NORTH AMERICA BIOSTIMULANTS MARKET, BY EXTRACT-BASED, FORECAST YEARS, 2021-2028 (IN THOUSAND HECTARES)
TABLE 15: NORTH AMERICA BIOSTIMULANTS MARKET, BY OTHERS, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 16: NORTH AMERICA BIOSTIMULANTS MARKET, BY OTHERS, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 17: NORTH AMERICA BIOSTIMULANTS MARKET, BY OTHERS, HISTORICAL YEARS, 2016-2020 (IN THOUSAND HECTARES)
TABLE 18: NORTH AMERICA BIOSTIMULANTS MARKET, BY OTHERS, FORECAST YEARS, 2021-2028 (IN THOUSAND HECTARES)
TABLE 19: NORTH AMERICA BIOSTIMULANTS MARKET, BY CROP TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 20: NORTH AMERICA BIOSTIMULANTS MARKET, BY CROP TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 21: NORTH AMERICA BIOSTIMULANTS MARKET, BY CROP TYPE, HISTORICAL YEARS, 2016-2020 (IN THOUSAND HECTARES)
TABLE 22: NORTH AMERICA BIOSTIMULANTS MARKET, BY CROP TYPE, FORECAST YEARS, 2021-2028 (IN THOUSAND HECTARES)
TABLE 23: NORTH AMERICA BIOSTIMULANTS MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 24: NORTH AMERICA BIOSTIMULANTS MARKET, BY APPLICATION, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 25: NORTH AMERICA BIOSTIMULANTS MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN THOUSAND HECTARES)
TABLE 26: NORTH AMERICA BIOSTIMULANTS MARKET, BY APPLICATION, FORECAST YEARS, 2021-2028 (IN THOUSAND HECTARES)
TABLE 27: NORTH AMERICA BIOSTIMULANTS MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 28: NORTH AMERICA BIOSTIMULANTS MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 29: NORTH AMERICA BIOSTIMULANTS MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN THOUSAND HECTARES)
TABLE 30: NORTH AMERICA BIOSTIMULANTS MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN THOUSAND HECTARES)
LIST OF FIGURES
FIGURE 1: KEY INVESTMENT INSIGHTS
FIGURE 2: PORTER’S FIVE FORCE ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: VENDOR LANDSCAPE
FIGURE 5: NORTH AMERICA BIOSTIMULANTS MARKET, GROWTH POTENTIAL, BY TYPE, IN 2020
FIGURE 6: NORTH AMERICA BIOSTIMULANTS MARKET, BY ACID-BASED, 2021-2028 (IN $ MILLION)
FIGURE 7: NORTH AMERICA BIOSTIMULANTS MARKET, GROWTH POTENTIAL, BY ACID-BASED, IN 2020
FIGURE 8: NORTH AMERICA BIOSTIMULANTS MARKET, BY HUMIC ACID, 2021-2028 (IN $ MILLION)
FIGURE 9: NORTH AMERICA BIOSTIMULANTS MARKET, BY FULVIC ACID, 2021-2028 (IN $ MILLION)
FIGURE 10: NORTH AMERICA BIOSTIMULANTS MARKET, BY AMINO ACID, 2021-2028 (IN $ MILLION)
FIGURE 11: NORTH AMERICA BIOSTIMULANTS MARKET, BY EXTRACT-BASED, 2021-2028 (IN $ MILLION)
FIGURE 12: NORTH AMERICA BIOSTIMULANTS MARKET, GROWTH POTENTIAL, BY EXTRACT-BASED, IN 2020
FIGURE 13: NORTH AMERICA BIOSTIMULANTS MARKET, BY SEAWEED EXTRACTS, 2021-2028 (IN $ MILLION)
FIGURE 14: NORTH AMERICA BIOSTIMULANTS MARKET, BY OTHER PLANT EXTRACTS, 2021-2028 (IN $ MILLION)
FIGURE 15: NORTH AMERICA BIOSTIMULANTS MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)
FIGURE 16: NORTH AMERICA BIOSTIMULANTS MARKET, GROWTH POTENTIAL, BY OTHERS, IN 2020
FIGURE 17: NORTH AMERICA BIOSTIMULANTS MARKET, BY B-VITAMINS, 2021-2028 (IN $ MILLION)
FIGURE 18: NORTH AMERICA BIOSTIMULANTS MARKET, BY CHITIN & CHITOSAN, 2021-2028 (IN $ MILLION)
FIGURE 19: NORTH AMERICA BIOSTIMULANTS MARKET, BY MICROBIAL SOIL AMENDMENTS, 2021-2028 (IN $ MILLION)
FIGURE 20: NORTH AMERICA BIOSTIMULANTS MARKET, GROWTH POTENTIAL, BY CROP TYPE, IN 2020
FIGURE 21: NORTH AMERICA BIOSTIMULANTS MARKET, BY ROW CROPS & CEREALS, 2021-2028 (IN $ MILLION)
FIGURE 22: NORTH AMERICA BIOSTIMULANTS MARKET, BY FRUITS & VEGETABLES, 2021-2028 (IN $ MILLION)
FIGURE 23: NORTH AMERICA BIOSTIMULANTS MARKET, BY TURF & ORNAMENTALS, 2021-2028 (IN $ MILLION)
FIGURE 24: NORTH AMERICA BIOSTIMULANTS MARKET, BY OTHER CROPS, 2021-2028 (IN $ MILLION)
FIGURE 25: NORTH AMERICA BIOSTIMULANTS MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2020
FIGURE 26: NORTH AMERICA BIOSTIMULANTS MARKET, BY FOLIAR, 2021-2028 (IN $ MILLION)
FIGURE 27: NORTH AMERICA BIOSTIMULANTS MARKET, BY SOIL, 2021-2028 (IN $ MILLION)
FIGURE 28: NORTH AMERICA BIOSTIMULANTS MARKET, BY SEED, 2021-2028 (IN $ MILLION)
FIGURE 29: NORTH AMERICA BIOSTIMULANTS MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
FIGURE 30: UNITED STATES BIOSTIMULANTS MARKET, 2021-2028 (IN $ MILLION)
FIGURE 31: CANADA BIOSTIMULANTS MARKET, 2021-2028 (IN $ MILLION)
- GEOGRAPHICAL ANALYSIS (VALUE IN $ MILLION & VOLUME IN THOUSAND HECTARES)
- NORTH AMERICA
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- COUNTRY ANALYSIS
- UNITED STATES
- CANADA
- NORTH AMERICA
- MARKET BY TYPE (VALUE IN $ MILLION & VOLUME IN THOUSAND HECTARES)
- ACID-BASED
- HUMIC ACID
- FULVIC ACID
- AMINO ACID
- EXTRACT-BASED
- SEAWEED EXTRACTS
- OTHER PLANT EXTRACTS
- OTHERS
- B-VITAMINS
- CHITIN & CHITOSAN
- MICROBIAL SOIL AMENDMENTS
- ACID-BASED
- MARKET CROP TYPE (VALUE IN $ MILLION & VOLUME IN THOUSAND HECTARES)
- ROW CROPS & CEREALS
- FRUITS & VEGETABLES
- TURF & ORNAMENTALS
- OTHER CROPS
- MARKET BY APPLICATION (VALUE IN $ MILLION & VOLUME IN THOUSAND HECTARES)
- FOLIAR
- SOIL
- SEED
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