info@marketresearchfuture.com   📞 +1 (855) 661-4441(US)   📞 +44 1720 412 167(UK)   📞 +91 2269738890(APAC)
Certified Global Research Member
Isomar 1 Iso 1
Key Questions Answered
  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.

Global Biostimulants Market Research Report: By Type (Microbial, Plant Extracts, Seaweed Extracts, Humic Substances, Other Biostimulants), By Application (Soil Treatment, Foliar Treatment, Seed Treatment), By Crop Type (Fruits and Vegetables, Cereals and Grains, Flowers and Ornamentals, Turf and Ornamentals), By Mode of Application (Soil Application, Foliar Application, Seed Application) andBy Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa)- Forecast to 2035.


ID: MRFR/AGR/2053-CR | 167 Pages | Author: Sakshi Gupta| August 2023

Biostimulants Market Overview


The Biostimulants Market Size was estimated at 3.85 (USD Billion) in 2023.The Biostimulants Market is expected to grow from 4.17(USD Billion) in 2024 to 10 (USD Billion) by 2035. The Biostimulants Market CAGR (growth rate) is expected to be around 8.28% during the forecast period (2025 - 2035).


Biostimulants Market size


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Key Biostimulants Market Trends Highlighted


The growing need for sustainable agriculture methods is driving notable developments in the global biostimulants market. A growing number of farmers and agricultural producers are looking for methods to improve crop quality and output while reducing the negative environmental effects of traditional fertilizers.


Stricter laws governing chemical inputs and rising public awareness of environmental and food safety concerns are driving this trend. Because biostimulants are viewed as a practical substitute that promotes soil health and plant growth, stakeholders in the agriculture sector are turning to them.


This market is full of opportunities, especially as research and development efforts concentrate on utilizing the potential of biostimulants derived from microorganisms and plants. Globally, regions are investigating novel formulations that might optimize effectiveness and tackle particular agricultural issues brought on by soil degradation and climate change.


The potential of biostimulants to improve crop resilience, soil fertility, and water retention is becoming increasingly acknowledged, laying a solid basis for future growth. Collaborations between biostimulant manufacturers and farm technology businesses have increased recently, according to trends.


The creation of more efficient solutions suited to regional agricultural methods is made possible by this collaborative approach, which makes it easier to integrate cutting-edge technologies with biostimulant applications.


Because biostimulants meet organic standards and the demand for chemical-free agricultural options, interest in them is also being fueled by the global rise in organic farming techniques.


Since biostimulants have the potential to help achieve sustainable food production goals while reducing the negative consequences of conventional agriculture, governments and industry associations throughout the world are actively encouraging their adoption.


Biostimulants Market Drivers


Increasing Demand for Sustainable Agriculture Practices


The Global Biostimulants Market is experiencing significant growth driven by the increasing demand for sustainable agriculture practices. According to the Food and Agriculture Organization of the United Nations, approximately 2.5 billion people will be living in urban areas by 2050, intensifying the need for sustainable food production systems.


Many established organizations, such as the International Fertilizer Association, are advocating for greener practices in agriculture, leading to higher adoption of biostimulants that enhance crop growth and yields without harming the environment.


The sustainable nature of biostimulants is further evidenced by their ability to reduce the reliance on chemical fertilizers, aligning with global policies aimed at reducing environmental impact. As governments around the globe push for eco-friendly agricultural solutions, the biostimulants market is expected to see an escalating demand to meet these sustainability goals.


Rising Awareness of Soil Health


The Global Biostimulants Market is also propelled by the rising awareness regarding soil health and its crucial role in agricultural productivity. There has been a reported increase in soil degradation, affecting approximately 33% of the world's soils, as stated by the United Nations Convention to Combat Desertification.


This degradation has led to a heightened awareness among farmers and agriculturalists about the need for soil revitalization practices.


Organizations such as The Soil Association are emphasizing the importance of maintaining soil health, driving the market for biostimulants that improve nutrient availability and soil structure. Consequently, the market is anticipated to grow as more farmers adopt biostimulants for soil enhancement, addressing both productivity and environmental concerns.


Innovations and Advancements in Biotechnology


The Global Biostimulants Market is significantly benefiting from innovations and advancements in biotechnology. Research institutions and companies are making strides in developing new biostimulant formulations, focusing on enhancing their efficiency and effectiveness.


A notable example includes the Biostimulant Coalition, which promotes collaborative research initiatives aimed at discovering novel plant growth-promoting substances. As these innovations emerge, the biostimulants market is expected to expand, with new products entering the marketplace that better meet the needs of modern agriculture.


Furthermore, enhanced regulatory support for biostimulant products ensures the growth of this segment as more scientifically backed products gain approval.


Government Support and Regulatory Approvals


Government support and favorable regulatory frameworks significantly drive the Global Biostimulants Market. A growing number of countries are implementing policies that encourage the use of biostimulants, seeing them as essential for achieving food security and sustainable agriculture goals.


For instance, the European Commission has been promoting the adoption of biostimulants through various regulatory revisions, increasingly streamlining the approval process for biostimulant products.


This favorable environment fosters innovation and further market entry. Additionally, organizations such as the USDA are recognizing the importance of biostimulants in modern agriculture, increasing funding for research and development initiatives in this field, which will likely result in accelerated market growth in the coming years.


Biostimulants Market Segment Insights


Biostimulants Market Type Insights


The Global Biostimulants Market segmentation by Type revealed critical insights into the various components that contribute to the market's expansion.


Within this classification, the Microbial segment exhibited a considerable valuation of 1.25 USD Billion in 2024, expected to reach 2.85 USD Billion by 2035, making it a dominant force within the market and highlighting the increasing recognition of beneficial microorganisms in enhancing plant growth and soil health. This segment’s growth is driven by the growing adoption of sustainable agricultural practices globally.


On the other hand, the Plant Extracts segment was valued at 1.1 USD Billion in 2024 and is projected to rise to 2.6 USD Billion in 2035. This signifies the importance of natural products in improving crop yield and resilience.


Seaweed Extracts, valued at 0.9 USD Billion in 2024, and anticipated to grow to 2.2 USD Billion by 2035, also played a significant role as they provide essential nutrients and growth-promoting compounds that enhance plant performance.


Furthermore, the Humic Substances category, at a valuation of 0.8 USD Billion in 2024 and projected at 1.8 USD Billion in 2035, demonstrated the increasing preference for organic and natural soil amendments that improve fertility and water retention.


Lastly, the Other Biostimulants, while possessing a smaller market share at 0.12 USD Billion in 2024 and aiming to increase to 0.55 USD Billion by 2035, indicated niche products that are emerging as innovative solutions, attracting specific market interest.


Each of these segments illustrated the diverse offerings under the Global Biostimulants Market, contributing to the overall revenue growth, as varying methods for plant stimulation can cater to different agricultural needs and strategies.


The collective drive for sustainable agricultural solutions and the increasing need for enhanced productivity are fundamental growth drivers behind this market's expected expansion, while the specific characteristics and benefits of each type segment clarify why they are significant in real-world applications.


Biostimulants Market Segment


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Biostimulants Market Application Insights


The Global Biostimulants Market, focusing on the Application segment, shows promising growth prospects as it evolves to meet the increasing agricultural demands across various regions.


The Application segment encompasses various methods, including Soil Treatment, Foliar Treatment, and Seed Treatment, which play critical roles in enhancing crop productivity and resilience. Soil Treatment is particularly significant, as it directly influences soil health and nutrient availability, thereby promoting root development.


Foliar Treatment has gained traction due to its rapid absorption properties and is essential for addressing nutrient deficiencies quickly during critical growth phases. Seed Treatment remains crucial, as it provides early-stage protection to seeds, significantly improving germination rates and seedling vigor.


The Global Biostimulants Market segmentation highlights the diversity within these applications, showcasing how they collectively contribute to agricultural efficiency and sustainability.


As the industry faces challenges such as regulatory barriers and the need for extensive Research and Development, the demand for biostimulants continues to grow, driven by the need for environmentally friendly agricultural practices and increased crop yields.


Biostimulants Market Crop Type Insights


The market segmentation by Crop Type comprises crucial categories, including Fruits and Vegetables, Cereals and Grains, Flowers and Ornamentals, as well as Turf and Ornamentals. Fruits and Vegetables play a significant role in market growth due to the increasing consumer demand for high-quality produce.


Conversely, Cereals and Grains are vital for food security, making their enhancement through biostimulants essential. Flowers and Ornamentals contribute to the horticultural sector, benefiting from biostimulants that improve growth and blooming, while Turf and Ornamentals cater to landscaping and recreational needs.


These segments collectively reflect the diverse applications and effectiveness of biostimulants, which are driven by trends toward sustainable agriculture, the need for increased crop yield, and the necessity to address environmental challenges.


The Global Biostimulants Market data indicates robust growth dynamics with ample opportunities for innovation and development within these important crop categories, leading to a thriving industry landscape.


Biostimulants Market Mode of Application Insights


The Global Biostimulants Market reflects significant growth potential driven by increasing agricultural productivity and sustainability practices. One of the primary components of the market segmentation is the Mode of Application, encompassing methods such as Soil Application, Foliar Application, and Seed Application.


Soil Application is particularly important due to its contribution to improved soil health and nutrient availability, which supports crop yields. Foliar Application holds a significant position as it allows for targeted nutrient delivery and enhances plant stress tolerance, making it essential for farmers looking to maximize their output.


Seed Application is increasingly recognized for its role in improving seedling vigor and establishment, encouraging better crop performance from the outset. The growth drivers for the Global Biostimulants Market include the rising demand for eco-friendly agrochemicals and advancements in agricultural technology.


However, the market faces challenges, such as regulatory hurdles and the need for further research to validate efficacy. Overall, the Global Biostimulants Market data indicates a favorable environment for investments and innovations in these application modes, ensuring a promising direction in the coming years.


Biostimulants Market Regional Insights


The Global Biostimulants Market showcased strong growth prospects across various regions. North America and Europe led the way, with valuations of 1.008 USD Billion and 1.049 USD Billion respectively, highlighting their majority holding in the market landscape.


These regions are inclined towards innovation and sustainable agricultural practices, making them key players in the Biostimulants Market. In 2035, North America is projected to reach 2.5 USD Billion while Europe anticipates a valuation of 2.667 USD Billion, indicating ongoing investment and adoption rates.


The Asia-Pacific (APAC) region, valued at 0.887 USD Billion in 2024 and forecasted to grow to 2.167 USD Billion by 2035, represented a significant opportunity for growth, driven by increasing awareness of sustainable farming practices.


South America and the Middle East and Africa (MEA) had smaller market shares of 0.645 USD Billion and 0.581 USD Billion in 2024, but are expected to show robust growth, suggesting emerging opportunities in agricultural performance improvement and productivity enhancement.


The ongoing shift towards sustainable farming and organic produce across these regions is poised to drive the Global Biostimulants Market revenue in the coming years, with various regulatory incentives supporting the use of biostimulants in agricultural practices.


Biostimulants Market Region


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Biostimulants Market Key Players and Competitive Insights


The Global Biostimulants Market is characterized by a dynamic landscape where innovation, regulatory changes, and sustainability concerns drive competitiveness among various players. The market has been witnessing a surge in demand for agricultural solutions that enhance crop productivity while adhering to environmentally friendly practices.


Key competitors in this sector focus on leveraging advancements in microbiology, biochemistry, and plant physiology to develop biostimulants that can improve nutrient efficiency, stress resistance, and overall plant health.


The growing awareness regarding sustainable agriculture and the reduction of chemical fertilizers has made biostimulants an attractive alternative, prompting companies to innovate rapidly and differentiate their offerings in this burgeoning market.


FMC Corporation has established a significant presence in the Global Biostimulants Market, capitalizing on its extensive research and development capabilities. The company's strengths lie in its commitment to sustainability and innovation, which have positioned it at the forefront of biostimulant advancements.


FMC Corporation focuses on developing a wide array of biostimulant solutions aimed at enhancing crop resilience and maximizing yield potential. Their robust distribution network spans various global regions, providing them with extensive reach and influence.


Additionally, the firm has succeeded in forging strategic partnerships to enhance its product offerings, allowing it to strengthen its market position and cater effectively to evolving consumer needs.


Solvay, a key player in the Global Biostimulants Market, is recognized for its diverse portfolio of innovative products tailored to promote soil health and crop vitality. The company offers solutions based on natural ingredients designed to enhance nutrient uptake and plant growth, suggesting a strong alignment with the increasing consumer demand for sustainable agricultural practices.


Solvay's strengths include a firm commitment to research and development and a focus on eco-friendly formulations that resonate with modern farming needs. The company has been active in merging and acquiring relevant organizations to bolster its market base and expand its technological capabilities.


These strategic moves have enabled Solvay to solidify its position in the global biostimulants landscape while fostering a reputation for quality and sustainability.


Key Companies in the Biostimulants Market Include:




  • FMC Corporation


  • Solvay


  • Novozymes


  • SABIC


  • Koppert Biological Systems


  • Agrinos


  • Agtivate Technologies


  • Syngenta


  • Biolchim


  • Isagro


  • Sustainable Agriculture Solutions


  • Valagro


  • BASF


  • Bayer


  • Adama Agricultural Solutions




Biostimulants Market Developments


The Global Biostimulants Market has seen significant developments in 2023, reflecting an increasing demand for sustainable agricultural practices. Companies such as FMC Corporation and Novozymes are investing heavily in innovative biostimulant technologies to enhance crop yield and resilience.


In July 2023, Koppert Biological Systems announced a strategic collaboration with Syngenta to integrate biostimulant solutions into their product offerings, showcasing a trend towards partnerships for expanding market reach. Additionally, Valagro launched new biostimulant products aimed at improving soil health, which is a growing concern in agriculture.


Recent mergers and acquisitions have also shaped the market; in May 2023, Bayer acquired Agrinos, a move aimed at enhancing its portfolio of biological products and expanding its footprint in the biostimulant sector. Similarly, BASF announced its acquisition of Sustainable Agriculture Solutions in June 2023, indicating a strong pivot towards biostimulants within its product range.


This surge in valuation and strategic movements among major players like SABIC and Adama Agricultural Solutions underscores a growing recognition of biostimulants in sustainable agriculture practices, which is expected to drive market growth significantly in the coming years.


Biostimulants Market Segmentation Insights


Biostimulants Market Type Outlook




  • Microbial


  • Plant Extracts


  • Seaweed Extracts


  • Humic Substances


  • Other Biostimulants



Biostimulants Market Application Outlook




  • Soil Treatment


  • Foliar Treatment


  • Seed Treatment



Biostimulants Market Crop Type Outlook




  • Fruits and Vegetables


  • Cereals and Grains


  • Flowers and Ornamentals


  • Turf and Ornamentals



Biostimulants Market Mode of Application Outlook




  • Soil Application


  • Foliar Application


  • Seed Application



Biostimulants Market Regional Outlook




  • North America


  • Europe


  • South America


  • Asia Pacific


  • Middle East and Africa



 

Report Scope:
Report Attribute/Metric Source: Details
MARKET SIZE 2023 3.85(USD Billion)
MARKET SIZE 2024 4.17(USD Billion)
MARKET SIZE 2035 10.0(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR) 8.28% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
MARKET FORECAST PERIOD 2025 - 2035
HISTORICAL DATA 2019 - 2024
MARKET FORECAST UNITS USD Billion
KEY COMPANIES PROFILED FMC Corporation, Solvay, Novozymes, SABIC, Koppert Biological Systems, Agrinos, Agtivate Technologies, Syngenta, Biolchim, Isagro, Sustainable Agriculture Solutions, Valagro, BASF, Bayer, Adama Agricultural Solutions
SEGMENTS COVERED Type, Application, Crop Type, Mode of Application, Regional
KEY MARKET OPPORTUNITIES Rising organic farming demand, Increasing crop yield optimization, Government support for sustainable agriculture, Advancements in formulation technologies, Growing awareness of eco-friendly products
KEY MARKET DYNAMICS Rising organic farming demand, Increasing crop productivity needs, Strict regulatory frameworks, Sustainable agriculture practices, Technological advancements in formulations
COUNTRIES COVERED North America, Europe, APAC, South America, MEA


Frequently Asked Questions (FAQ) :

The Global Biostimulants Market is expected to be valued at 4.17 billion USD in 2024.

By 2035, the Global Biostimulants Market is expected to reach a valuation of 10.0 billion USD.

The Global Biostimulants Market is projected to experience a CAGR of 8.28% from 2025 to 2035.

North America is expected to have the highest market value at 2.5 billion USD by 2035.

The microbial biostimulants segment is expected to be valued at 1.25 billion USD in 2024.

Key players in the Global Biostimulants Market include FMC Corporation, Solvay, Novozymes, and BASF among others.

The market size for seaweed extracts is projected to be 2.2 billion USD by 2035.

The European market for biostimulants is expected to grow to 2.667 billion USD by 2035.

Humic substances are projected to reach a market size of 1.8 billion USD by 2035.

The market presents opportunities driven by increasing demand for sustainable agriculture practices.

Leading companies partner with us for data-driven Insights.

clients

Kindly complete the form below to receive a free sample of this Report

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

report-img
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.