Global Biostimulants Market Size study, by Crop Type (Cereals & grains, Oilseeds & pulses, Fruits & vegetables, Turfs & ornamentals, Others (forage and plantation crops)), by Application (Foliar, Soil Treatment, Seed treatment), by Active ingredients (Hum

Global Biostimulants Market Size study, by Crop Type (Cereals & grains, Oilseeds & pulses, Fruits & vegetables, Turfs & ornamentals, Others (forage and plantation crops)), by Application (Foliar, Soil Treatment, Seed treatment), by Active ingredients (Humic substances, Humic acid, Fulvic acid, Seaweed extracts, Microbial amendments, Amino acids, Others) and Regional Forecasts 2021-2027

Global Biostimulants market is valued at approximately USD 2.86 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 12.00% over the forecast period 2021-2027. A plant biostimulant is any substance or microorganism applied to plants with the aim to enhance nutrition efficiency, abiotic stress tolerance and/or crop quality traits, regardless of its nutrient content. Increase in investment in the sustainable agriculture sector, increasing consumer awareness about the benefits of organic foods has led to the adoption of Biostimulants across the forecast period. For Instance: The organic food segment in India is expected to grow at a CAGR of 10% during 2015-­25 and is estimated to reach Rs. 75,000 crore (US$ 10.73 billion) by 2025 from Rs. 2,700 crore (US$ 386.32 million) in 2015. Also, with the ongoing technological enhancements, the adoption & demand for Biostimulants is likely to increase the market growth during the forecast period. However, Commercialization of low-quality biostimulant products impedes the growth of the market over the forecast period of 2021-2027.

Global Biostimulants market is segmented on the basis of geographical region as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is among the fastest-developing regions due to the growing importance of a sustainable agriculture approach and increasing development of new innovative products. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027. Factors such as presence of emerging economies, increase in seed treatment activities would create profitable growth prospects for the Biostimulants market across Asia-Pacific region.

Major market players included in this report are:
Biovert S.L (Spain)
BASF SE (Germany)
UPL (India)
Valagro S.P.A (Italy)
Gowan Group (US)
FMC Corporation (US)
ILSA S.p.A (Italy)
Rallis India Limited (India)
Haifa Group (Israel)
Adama Ltd. (Israel)

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the Application within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Rental Crop Type offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Crop Type:
Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Turfs & Ornamentals
Others (forage and plantation crops)
By Application:
Foliar
Soil Treatment
Seed Treatment
By Active ingredients:
Humic Substances
Humic Acid
Fulvic Acid
Seaweed Extracts
Microbial Amendments
Amino Acids
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Biostimulants Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

Biovert S.L (Spain)
BASF SE (Germany)
UPL (India)
Valagro S.P.A (Italy)
Gowan Group (US)
FMC Corporation (US)
ILSA S.p.A (Italy)
Rallis India Limited (India)
Haifa Group (Israel)
Adama Ltd. (Israel)