Biostimulants Market Size, Share, Opportunities, And Trends By Active Ingredients (Acidic Biostimulants, Extract Biostimulants), By Crop Type (Fruits, Vegetables, Turfs, Ornamentals, Row Crops), By Application (Foliar, Soil, Seed), And By Geography - Forecasts From 2019 To 2024

Published:  Mar 2021 Report Code: KSI061610342 Pages: 114

Global Biostimulants market is projected to grow at a CAGR of 11.08% over the forecast period to reach US$2,755 million in 2022, from US$1466.272 million in 2016.  Biostimulants are enzymes, seaweed, plant hormones, microorganisms, and trace elements that are applied to the plants or soil to improve crop vigor, quality, yield, and tolerance to abiotic stresses. The global biostimulants market is majorly driven by the need for an increase in yield per hectare owing to the rising global population and their demand for food. Supportive government initiatives and increased funding and grants for sustainable agriculture are further fuelling the demand for biostimulants. Biostimulants are increasingly finding applications in the agriculture and horticulture sector owing to the benefits such as improved metabolism, water holding capacity, chlorophyll, and antioxidants production. Increasing demand for organic food products owing to growing awareness about good health and fitness leads to the expansion of organic farming across the globe which is, in turn, will augment the demand for biostimulants in the next five years. Other factors such as declining farmland and the requirement of sustainable solutions for agriculture production will also propel the growth of the biostimulants market in the near future. However, high R&D costs and lack of awareness about the various biostimulants products, particularly in emerging economies, will restrain the market growth during the forecast period.

Geographic Outlook

Europe holds the largest share of the global biostimulants market owing to the rising demand for sustainable agricultural products and increase farm profitability. However, the APAC region will witness the fastest market growth due to technological advancements and growing awareness regarding the benefits of organic food products in the region.


Thirdly, Biostimulants market has been segmented on the basis of active ingredients, crop type, application, and geography as follows:

By Active Ingredients


Acidic Biostimulants

Extract Biostimulants


By Crop Type






Row Crops


By Application






By Geography





North America







South America






Europe Middle East and Africa




United Kingdom







Middle East and Africa


Asia Pacific








Market Players

Finally, competitive intelligence section deals with major players in the market, their market shares, growth strategies, products, financials, and recent investments among others. Key industry players profiled as part of this section are Italpollina, BASF, Bayer, Syngenta, BioAg Alliance, Biostadt and Koppert BV among others.

1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics

4.1. Market Overview and Segmentations
4.2. Drivers
4.2.1. Need To Increase Crop Yield And Quality
4.2.2. Easy Availability Of Raw Materials And Low Investments 
4.3. Restraints
4.3.1. Lack Of Awareness 
4.4. Opportunities
4.4.1. Technological Advancements 
4.5. Porter's Five Forces
4.5.1. Bargaining Power Of Suppliers
4.5.2. Bargaining Power Of Customers
4.5.3. Threat Of New Entrants
4.5.4. Threat Of Substitutes
4.5.5. Competitive Rivalry In The Industry
4.6. Supplier Outlook
4.7. Industry Outlook
4.8. Industry Value Chain Analysis
4.9. Scenario Analysis
5. Biostimulants Market Forecast by Active Ingredients (US$ million)
5.1. Acidic Biostimulants
5.1.1. Overview 
5.1.2. Region 
5.2. Extract Biostimulants
5.2.1. Overview 
5.2.2. Region 
6. Biostimulants Market Forecast by Crop Type (US$ million)
6.1. Fruits
6.1.1. Overview
6.1.2. Region 
6.2. Vegetables
6.2.1. Overview 
6.2.2. Region 
6.3. Turfs
6.3.1. Overview
6.3.2. Region 
6.4. Ornamentals
6.4.1. Overview 
6.4.2. Region  
6.5. Row Crops
6.5.1. Overview 
6.5.2. Region 
7. Biostimulants Market Forecast by Application (US$ million)
7.1. Foliar
7.1.1. Overview 
7.1.2. Region 
7.2. Soil
7.2.1. Overview 
7.2.2. Region 
7.3. Seed
7.3.1. Overview 
7.3.2. Region 
8. Biostimulants Market Forecast by Geography (US$ million)
8.1. North America
8.1.1. Overview 
8.1.2. By Active Ingredients Type
8.1.3. By Crop Type
8.1.4. By Application
8.1.5. By Country U.S. Canada Mexico Others 
8.2. South America
8.2.1. Overview 
8.2.2. By Active Ingredients Type
8.2.3. By Crop Type
8.2.4. By Application
8.2.5. By Country Brazil Argentina Others 
8.3. Europe 
8.3.1. Overview 
8.3.2. By Active Ingredients Type
8.3.3. By Crop Type
8.3.4. By Application
8.3.5. By Country U.K. Germany France Spain Italy Others 
8.4. Middle East and Africa 
8.4.1. Overview 
8.4.2. By Active Ingredients Type
8.4.3. By Crop Type
8.4.4. By Application
8.4.5. By Country Egypt Saudi Arabia Israel Others 
8.5. Asia Pacific
8.5.1. Overview 
8.5.2. By Active Ingredients Type
8.5.3. By Crop Type
8.5.4. By Application
8.5.5. By Country China India Japan Australia Others
9. Competitive Intelligence
9.1.Investment Analysis
9.2. Recent Deals
9.3.Strategies of Key Players
10. Company Profiles
10.1. Platform Specialty Products Corporation
10.1.1. Overview
10.1.2. Financials
10.1.3. Products and Services
10.1.4. Recent Developments
10.2. Italpollina
10.2.1. Overview
10.2.2. Financials
10.2.3. Products and Services
10.2.4. Recent Developments
10.3. BASF
10.3.1. Overview
10.3.2. Financials
10.3.3. Products and Services
10.3.4. Recent Developments
10.4. Bayer
10.4.1. Overview
10.4.2. Financials
10.4.3. Products and Services
10.4.4. Recent Developments
10.5. Syngenta
10.5.1. Overview
10.5.2. Financials
10.5.3. Products and Services
10.5.4. Recent Developments
10.6. BioAg Alliance 
10.6.1. Overview
10.6.2. Financials
10.6.3. Products and Services
10.6.4. Recent Developments
10.7. Biostadt 
10.7.1. Overview
10.7.2. Financials
10.7.3. Products and Services
10.7.4. Recent Developments
10.8. Koppert
10.8.1. Overview
10.8.2. Financials
10.8.3. Products and Services
10.8.4. Recent Developments
10.9. Agrinos A/S
10.9.1. Overview
10.9.2. Financials
10.9.3. Products and Services
10.9.4. Recent Developments
10.10. Bio Atlantis Ltd. 
10.10.1. Overview
10.10.2. Financials
10.10.3. Products and Services
10.10.4. Recent Developments
10.11. Micromix Plant Health Limited 
10.11.1. Overview
10.11.2. Financials
10.11.3. Products and Services
10.11.4. Recent Developments
10.12. Omex Agrifluids Ltd.
10.12.1. Overview
10.12.2. Financials
10.12.3. Products and Services
10.12.4. Recent Developments
List of Tables
List of Figures

Platform Specialty Products Corporation
BioAg Alliance 
Agrinos A/S
Bio Atlantis Ltd. 
Micromix Plant Health Limited 
Omex Agrifluids Ltd.


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