Energy & Power / Biostimulants Market - Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: Angel Yeast, Biostadt, Fengdan Baili, Leili, Biotech International
Biostimulants Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Angel Yeast, Biostadt, Fengdan Baili, Leili, Biotech International
Over the next five years the Biostimulantsmarket will register a 10.2% CAGR in terms of revenue, the global market size will reach USD 1.52 billion by 2027.
Biostimulants Market Overview
Biostimulants include a various range of active ingredients, which include microbial inoculants, fulvic acids, amino acids, humic acids, seaweed extracts, and others (which include polysaccharides, trace minerals, and vitamins). There is a growing demand for sustainably produced food that contains fewer synthetic chemicals and a higher concentration of biologicals. As a result, biostimulants are helping to address this issue in a sustainable manner by providing stress protection and stimulating plant growth.
The global biostimulants market was worth USD 2.79 billion in 2021, and it is expected to increase at a CAGR of 10.2% from 2022 to 2027. This is due to rising soil degradation, stricter limitations on the use of chemicals in agriculture, and the need for sustainable and environmentally friendly alternatives to promote the agriculture sector's growth and production. Biostimulants are compounds or microorganisms that are applied to plants in order to improve their features and yield. Because of growing awareness of the hazardous, long-term effects of artificial chemicals used for plant development, demand for the product is increasing as the population grows. As a result, the demand for organic and natural goods is positively impacting the market growth, especially in APAC.
The global inorganic fertilizers (primary nutrients) industry is expanding at a rate of 1.3-1.8 percent per year. Given the growth opportunities in these segments, the major market players are focusing on various lucrative product areas, such as specialty fertilizers and Organic Fertilizers. Furthermore, crop producers are looking for products with high nutrient value, multifunctionality, and environmental friendliness. All of these factors point to a bright future for the global biostimulants market.
The report aspects discussed the profile of the top manufacturers of the global Biostimulants market. These aspects include the financial status of major companies, trending advancements, and the entire market scenario. Growth of the report has examined Biostimulants Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.
Who are the Major Players in Biostimulants Market?
The Biostimulants Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end-users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market Angel Yeast, Biostadt, Fengdan Baili, Leili, Biotech International, IPL Biologicals, Humikey, Kanbiosys, Guangzhou Sgy Agricultural Science, Dhanuka, AMMS Century, PI Industries, HCM Agro Produts, Agrinos and others.
Industry News:
Agrinos’ iNvigorate biostimulant now registered in Canada
(Sept. 24, 2019) – Agrinos’ proprietary biostimulant, iNvigorate, is now registered for use by Canadian growers. The soil-applied microbial product enhances crop quality and nutrient uptake under variable growing conditions while increasing the total productive capacity of both the soil and the crop.
Biostimulants Market provides details by vendors, including company total revenue (financials), company overview, market potential, and global presence, his business report briefly talks about the market performance of each business sector covering growth factors and sales volume. this analysis provides the This Biostimulants Market analysis report provides recent trends, and granular level data covering market size and share. It provides all the recent updates about the CORONA virus and its impact on the world economy and human health. By getting this data, key players can obtain profit-making and the right business opportunities for future growth. It further guides to increase the product demand and business expansion.
What are the major Applications, Types and Regions for Biostimulants Market?
By Type, it is segmented into
Acid-based Biostimulants
Plant Extract Biostimulants
Others
By Applications it is segmented into
Fruits & Vegetables
Turf & Ornamentals
Row Crops
Others
Biostimulants Market Regional Analysis
In 2021, Europe dominated the global market, accounting for more over 37.5 percent of the total revenue. This is due to the increased popularity of organic foods and businesses' desire for sustainable and environmentally friendly production methods. Due to the presence of numerous industrial businesses as well as the quick growth of agriculture-based economies such as India and China, Asia Pacific was the second-largest regional market in 2021. Greater population, soil erosion, growing farmer knowledge, stringent government restrictions and encouragement for the use of biostimulants, and the demand for more sustainable product enhancement options will all contribute to market expansion.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
The Biostimulants Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Biostimulants Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Biostimulants Market report scope?
Report Attributes
Report Details
Forecast Period 2022 to 2027 CAGR
CAGR of 10.2% during the review period (2022 to 2027).
Yes, the report can be customized as per your needs
Key Takeaways from this Biostimulants Report
Evaluate Biostimulants market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
Analyze the sales and distribution channels across geographies to enhance top-line revenues.
Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Biostimulants market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
Frequently Asked Questions
What is the study period of this market?
The Biostimulants Market is studied from 2017 - 2027.
What is the growth rate of Biostimulants Market?
The Biostimulants Market is growing at a CAGR of 10.2% over the next 5 years.
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
