Biostimulants Market
Biostimulants Market - Global Industry Assessment & Forecast
Segments Covered
- By Active Ingredients Humic Substances, Humic Acid, Fulvic Acid, Seaweed Extracts, Microbial Amendments, Amino Acids, Other Active Ingredients (including Vitamins, Trace Minerals, & Polysaccharides)
- By Mode of Application Foliar Treatment, Soil Treatment, Seed Treatment
- By Forms Liquid, Dry
- By Crop Type Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Turfs & Ornamentals, Others (Forage & Plantation Crops)
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 3.35 Billion |
Revenue 2030: | USD 8.17 Billion |
Revenue CAGR (2023 - 2030): | 11.80% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Europe |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Research Methodology: Biostimulants Market by Active Ingredients by Mode of Application by Forms by Crop Type by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
Data Triangulation and Market Size Estimations
FAQ
Frequently Asked Question
What is the global demand for Biostimulants in terms of revenue?
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The global Biostimulants valued at USD 3.35 Billion in 2022 and is expected to reach USD 8.17 Billion in 2030 growing at a CAGR of 11.80%.
Which are the prominent players in the market?
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The prominent players in the market are BASF SE, UPL, Valagro S.P.A, Gowan Company, FMC Corporation, ILSA S.P.A., Rallis India Limited, Haifa Group, ADAMA LTD, Biovert S.L., Koppert Biological Systems, Tradecorp International, Agritecno, Axeb Biotech SL, Mafa Bioscience, Lawrieco, Devi Crop Science, Bioflora Agricen, Bonumose Inc..
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 11.80% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Biostimulants include
- Increase in need for sustainable agriculture
Which region accounted for the largest share in the market?
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Europe was the leading regional segment of the Biostimulants in 2022.