Plant Biostimulant Market, By Active Ingredients (Humic Acid, Fulvic Acid, Amino Acid, Protein Hydrolysate, Seaweed Extract, and Others), By Type (Natural Biostimulant, and Biosynthetic Biostimulant), By Crop Type (Foliar, Soil, and Seed), By Application (Cereal, Oilseed, Fruit & Vegetable, Turf & Ornamental, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI410220 | Publish Date: April 2024 | No. of Pages: 180

Global Plant Biostimulant Market By Overview

Plant Biostimulant Market was valued at US$ 4.4 Billion in 2024 and is projected to grow at a CAGR of 6.30% to reach US$ 7.8 Billion by 2034.

A plant biostimulant is a substance or a microorganism, which helps enhance the growth of the plant. Biostimulant does not serve nutrient deficiency. In place of serving nutrient deficiency, it helps to raise water holding capacity, nutrient availability, metabolism, and the production of chlorophyll. The general view on biostimulants is that they are neither fertilizers nor pesticides, and are in some ways beneficial to the plant body. Biostimulants are associated with organic gardening and farming, nowadays which are witnessing healthy progress in conventional agriculture as well. Biostimulants are increasingly being perceived as a response to the consumer demand for ‘softer’ agricultural practices.

Global Plant Biostimulant Market By Dynamics

The expansion of the organic food industry that enhances soil microflora helps to the uptake of nutrients more efficient is the major propelling factor for the growth of the global market. For instance, according to the United States, in 2017, the increased urbanization is anticipated to grow at a robust pace and boosts the demand for food with better quality and productivity. Additionally, the higher benefits with the improvement in productivity and yield is another driving factor for the growth of the target market. Moreover, increased emphasis on sustainable farming over the past two decades which is boosting factor for the growth of the global market. In addition, the amplification of the antioxidants in the plant is the fueling factor for the growth of the target market. However, the low awareness among the farmers in developing countries about plant biostimulants is the major restraining factor for the growth of the global market. In addition, the unclear legislatorial standardization of biostimulants is another hampering factor for the growth of the target market. Nevertheless, the innovation in the product development to provide the natural habitat to grow can create an opportunity for the growth of the global market.

Global Plant Biostimulant Market By Segmentation

The plant biostimulant market is segmented based on the active ingredient, type, crop type, application, and region.

Based on the active ingredient, the plant biostimulant market is segmented into the humic acid, fulvic acid, amino acid, protein hydrolysate, seaweed extract, and others. Based on the type, the target market is segmented into natural biostimulant and biosynthetic biostimulant. Natural biostimulant is the dominating segment because it has more tolerance to the environmental stress. Based on crop type, the global market is classified into foliar, soil, and seed. Based on application, the target market is bifurcated into cereal, oilseed, fruit & vegetable, turf & ornamental, and others.

Based on the region the plant biostimulant market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe is the dominating region for the plant biostimulant market due to large scale industrialization agriculture production, in advance nations, that tents to opt more use of biostimulant that helps in reducing the heavy usage of the chemicals in fields.

Plant Biostimulant Market, By Active Ingredient:

  • Humic Acid
  • Fulvic Acid
  • Amino Acid
  • Protein Hydrolysate
  • Seaweed Extract
  • Others

Plant Biostimulant Market, By Type:

  • Natural Biostimulant
  • Biosynthetic Biostimulant

Plant Biostimulant Market, By Crop Type:

  • Foliar
  • Soil
  • Seed

Plant Biostimulant Market, By Application:

  • Cereal
  • Oilseed
  • Fruit & Vegetable
  • Turf & Ornamental
  • Others

Plant Biostimulant Market, By Region:

  • North America
    • North America Plant Biostimulant Market, By Active Ingredient
    • North America Plant Biostimulant Market, By Type
    • North America Plant Biostimulant Market, By Crop Type
    • North America Plant Biostimulant Market, By Application
    • North America Plant Biostimulant Market, By Country
      • U.S.
      • Canada
  • Europe
    • Europe Plant Biostimulant Market, By Active Ingredient
    • Europe Plant Biostimulant Market, By Type
    • Europe Plant Biostimulant Market, By Crop Type
    • Europe Plant Biostimulant Market, By Application
    • Europe Plant Biostimulant Market, By Country
      • Germany
      • UK
      • France
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
    • Asia Pacific Plant Biostimulant Market, By Active Ingredient
    • Asia Pacific Plant Biostimulant Market, By Type
    • Asia Pacific Plant Biostimulant Market, By Crop Type
    • Asia Pacific Plant Biostimulant Market, By Application
    • Asia Pacific Plant Biostimulant Market, By Country
      • China
      • India
      • Japan
      • South Korea
      • Rest of Asia Pacific
        • Middle East & Africa
          • Middle East & Africa Plant Biostimulant Market, By Active Ingredient
          • Middle East & Africa Plant Biostimulant Market, By Type
          • Middle East & Africa Plant Biostimulant Market, By Crop Type
          • Middle East & Africa Plant Biostimulant Market, By Application
          • Middle East & Africa Plant Biostimulant Market, By Country
            • GCC
            • Israel
            • South Africa
            • Rest of Middle East & Africa
        • Latin America
          • Latin America Plant Biostimulant Market, By Active Ingredient
          • Latin America Plant Biostimulant Market, By Type
          • Latin America Plant Biostimulant Market, By Crop Type
          • Latin America Plant Biostimulant Market, By Application
          • Latin America Plant Biostimulant Market, By Country
            • Brazil
            • Mexico
            • Rest of Latin America

Global Plant Biostimulant Market By Key Players

The key players operating the plant biostimulant market involves Eastman Chemical Company, Arysta Life science Corporation, Isagro SPA, Lallemand Plant Care, Agrinos AS, Atlántica Agricola, Biostadt India Ltd., Brandt Consolidated Inc., Ilsa SPA, and Ital pollina SPA. Prominent players operating in the target market are focusing on strategic partnerships as well as the launching of the active ingredients to gain a competitive edge in the target market. For instance, in 2016, Arysta Life Science signed an agreement with Beem Biologics Inc. as per the agreement, Arysta LifeScience would license a new, novel, plant extract-derived biostimulant technology from Beem Biologics.

Global Plant Biostimulant Market By Company Profile

  • Eastman Chemical Company
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategy
  • Arysta Lifescience Corporation
  • Isagro SPA
  • Lallemand Plant Care
  • Agrinos AS
  • Atlántica Agricola
  • Biostadt India Ltd
  • Brandt Consolidated Inc.
  • Ilsa SPA
  • Italpollina SPA

 “*” marked represents similar segmentation in other categories in the respective section

Global Plant Biostimulant Market By Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Industry Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Preview
    • Executive Summary
    • Key Findings—Global Outlook for Plant Biostimulant Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Active Ingredients
      • Market Snippet, By Type
      • Market Snippet, By Crop Type
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Market Segmentation, By Active Ingredients, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Humic Acid
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Fulvic Acid
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Amino Acid
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Protein Hydrolysate
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Seaweed Extract
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  6. Market Segmentation, By Type, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Natural Biostimulant
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Biosynthetic Biostimulant
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  7. Market Segmentation, By Crop Type, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Foliar
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Soil
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Seed
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  8. Market Segmentation, By Application, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Cereal
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Oilseed
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Fruit & Vegetable
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Turf & Ornamental
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  9. Global Market, By Region, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Active Ingredients, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Crop Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Active Ingredients, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Crop Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Active Ingredients, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Crop Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Active Ingredients, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Crop Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Active Ingredients, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Crop Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  10. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  11. Company Profiles
    • Eastman Chemical Company
      • Company Overview
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Business Strategy
    • Arysta Lifescience Corporation
    • Isagro SPA
    • Lallemand Plant Care
    • Agrinos AS
    • Atlántica Agricola
    • Biostadt India Ltd.
    • Brandt Consolidated Inc.
    • Ilsa SPA
    • Italpollina SPA
  12. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

Plant Biostimulant was valued at US$ 4.4 Billion in 2024 and is projected to grow at a CAGR of 6.30% to reach US$ 7.8 Billion by 2034.

The Plant Biostimulant Market is projected to increase at a CAGR of 6.30% during the forecast period.

The plant biostimulant market is segmented based on the active ingredient, type, crop type, application, and region.

The expansion of the organic food industry that enhances soil microflora helps to the uptake of nutrients more efficient is the major propelling factor for the growth of the global market.

The global biostimulants market was dominated by Europe, in terms of value, in 2018, due to the adoption of modern agricultural technology such as precision farming and plant biotechnology, and organic-based active ingredients

Prominent players operating in the target market are focusing on strategic partnerships as well as the launching of the active ingredients to gain a competitive edge in the target market.