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India Biostimulants Market- Trend Analysis & Forecasts

Published Nov 27, 2024
Length 145 Pages
SKU # STLE20513381

Description

India Biostimulants Market Overview:

India’s biostimulants market is on a strong upswing, projected to grow at a 11.75% CAGR (2020–2030) as sustainable farming gains traction and 2024 sets up a multi-year expansion; accelerating adoption is tied to higher crop productivity needs, organic input preference, and policy push, with biostimulants defined here as inputs that enhance nutrient uptake, metabolism, yield, and stress tolerance across diverse Indian agro-climates.

Primary Areas/ Elements of Research & Analysis

The report provides comprehensive and valuable insights into the supply and demand dynamics of the India biostimulants market. Below are the variables considered and analyzed in the report:
• Supply-demand trends, market growth, and trade
• Market structure, conduct, and performance analysis
• Historical and forecasted market size (volume & value)
• Trade analysis (export & import), including key partners, quantities, values, and price trends
• Supply chain mapping, pricing, and regulatory framework
• Competitive landscape profiling of key players
• Factors influencing market performance, including sustainability trends

Market Growth Factors

Demand is being lifted by the rapid spread of organic and eco-friendly cultivation and by government support—biostimulants are now covered under the Fertilizer (Control) Order, 1985, which formalizes quality pathways—while seaweed-based products anchor growth as India produces 45,000–48,000 tonnes of seaweed today and targets 1 million tonnes by 2025, catalyzing local raw-material availability for high-value formulations.

Market Restraints & Challenges

Adoption is tempered by higher unit costs versus conventional agrochemicals and by regulatory and standards gaps despite FCO coverage, leading to farmer confusion and uneven efficacy; supply risks from imported actives and specialized processing raise costs, while limited awareness among smallholders and variability in post-manufacturing storage and distribution constrain consistent performance at scale.

Market Segmentation

By type, seaweed extracts lead usage due to proven stress-mitigation and yield effects, with amino acids emerging as the fastest-rising category through 2025–2030 as growers seek versatility across crop stages; by application, foliar spray dominates for rapid uptake while seed treatment is the quickest-growing use-case, and by form, liquid products hold the largest share with powders/granules gaining for logistics and seed-coating fit.

Competitive Landscape

Competition spans multinationals and domestic specialists, underlined by notable moves such as PI Industries’ June 2024 offer to acquire Plant Health Care Plc to expand biologicals, UPL’s May 2022 launch of ZOATIN with Chr. Hansen to enhance phosphorus uptake, and Valagro’s March 2022 rollout of Talete in India, alongside portfolios from UPL, Tata Chemicals, Biostadt, BASF India, Novozymes South Asia, and others targeting cereals, cotton, fruits, and vegetables.

Outlook

Through 2030, growth should remain robust at a double-digit CAGR (11.75%) as India scales seaweed cultivation toward the 1-million-tonne ambition, deepens R&D and product innovation, and leverages schemes like the National Horticulture Mission and Paramparagat Krishi Vikas Yojana to nudge adoption; resolving quality standards, strengthening cold-chain and warehousing, and diversifying local inputs will be pivotal for cost, consistency, and export competitiveness.

Scope of the Report:
• Historical Years: 2015-2022
• Base Year: 2023
• Forecast Period: 2024-2030
• Units: Value (US$ Million) and Volume (Thousand Tonnes)
• Segments Covered:
By Type (Extracts (Seaweed/Kelp & Others), Acids (Humic Substances, Fulvic Acids, & Others), Microbials (Rhizobium & Others), and Others)
By Application (Foliar Application, Seed Treatment, and Soil Application)
By Form (Liquid and Powder/Granule Form)
By Crop Type (Field Crops, Fruits & Vegetables, Turf & Ornamentals, and Others)
By Sales (Domestic Sales and Exports)
• Companies Profiled: The market players include, UPL Limited, Tata Chemicals, PI Industries, Excel Crop Care, Biostadt India Limited, SOM Phytopharma (India) Limited (Agri Life), Acadian Seaplants, Valagro, Novozymes, BASF India, Agrinos, Biolchim India, Koppert Biological Systems, Symborg India, Bayer CropScience, Kan Biosys, T Stanes & Company Ltd., and Others.

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Table of Contents

145 Pages
1. Executive Summary
2. Introduction
2.1. Objectives & Scope of the Study
2.2. Definitions & Economic Importance
2.3. Research Methodology
2.4. Factors and Decision Matrix Analysis
2.5. Limitations & Challenges
3. Product/ Market Overview
3.1. Evolution/ Origin & Geographic/Agronomic Suitability
3.2. Manufacturing & Packaging
3.3. Biostimulants Application Areas
3.4. Regulatory Analysis
4. India: Country Profile
5. Global Biostimulants Market- An Overview
6. India Biostimulants Growth Factors Analysis
6.1. Drivers and Restraints Analysis
6.2. Challenges and Opportunities Analysis
6.3. India Biostimulants Industry SWOT Analysis
6.4. India Biostimulants Market PESTEL Analysis
6.5. India Biostimulants Market Porter's Five Forces analysis
7. India Biostimulants Market: Supply-Demand Analysis
7.1. India Biostimulants Market Supply Trend
7.2. India Biostimulants Market Demand Trend
8. India Biostimulants Market: Segmentation Analysis
8.1. By Type
8.1.1. Extracts (Seaweed/Kelp and Others)
8.1.2. Acids (Humic Substances, Fulvic Acids, and Others)
8.1.3. Microbials (Rhizobium and Others)
8.2. By Application
8.2.1. Foliar Application
8.2.2. Seed Treatment
8.2.3. Soil Application
8.3. By Form
8.3.1. Liquid
8.3.2. Powder/Granule Form
8.4. By Crop Type
8.4.1. Field Crops
8.4.2. Fruits & Vegetables
8.4.3. Turf & Ornamentals
8.4.4. Others
8.5. By Sales Channel
8.5.1. Domestic Sales
8.5.2. Exports
9. India Biostimulants Market: Trade (Export & Import) Analysis
9.1. India Biostimulants Export Trend Analysis
9.2. Top 5 Export Destinations of India Biostimulants
10. India Biostimulants Market: Price Trend Analysis
10.1. Domestic Price Trend
10.2. Export Price Trend
10.3. Price Seasonality & Price Pattern Analysis
10.4. Price Events Analysis
11. Competitive Analysis
11.1. India Biostimulants Market Mapping
11.1.1. List of Key Countries Importing/Exporting Biostimulant Products from/to India
11.1.2. List of Key Companies Exporting & Importing Biostimulants products from/to India
11.2. Company Profiles
11.2.1. UPL Limited
11.2.2. Tata Chemicals
11.2.3. PI Industries
11.2.4. Excel Crop Care
11.2.5. Biostadt India Limited
11.2.6. SOM Phytopharma (India) Limited (Agri Life)
11.2.7. Acadian Seaplants
11.2.8. Valagro
11.2.9. Novozymes South Asia
11.2.10. BASF India
11.2.11. Agrinos
11.2.12. Biolchim India
11.2.13. Koppert Biological Systems
11.2.14. Symborg India
11.2.15. Bayer CropScience
11.2.16. Kan Biosys
11.2.17. T Stanes & Company Ltd.
12. Conclusion
13. Appendix
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