Biostimulants Market by Active Ingredients (Acid-based, Extracts-based), Mode of Application (Soil Treatment, Seed Treatment), Formulation (Liquid, Dry), Crop Type (Row Crops, Fruits & Vegetables, Turfs & Ornamentals) ? Global Forecast to 2028
The research report titled “Biostimulants Market by Active Ingredients (Acid-based, Extracts-based), Mode of Application (Soil Treatment, Seed Treatment), Formulation (Liquid, Dry), Crop Type (Row Crops, Fruits & Vegetables, Turfs & Ornamentals) ? Global Forecast to 2028” provides an in-depth analysis of the biostimulants market across five major geographies and emphasizes on the current market trends, market size, market shares, recent developments, and forecast till 2028. In terms of value, the global biostimulants market is expected to grow at a CAGR of 12.4% from 2021 to reach $5.9 billion by 2028, while in terms of volume, the market is expected to grow at a CAGR of 12.9% from 2021 to reach 864,094.7 metric tons by 2028.

The growth of this market is mainly attributed to the factors such as the growing need to increase crop yield and quality, growing organic farming & demand for organic food, the wide range of benefits of biostimulants in crop production, and growing awareness about environmental safety with the use of biostimulants. On the other hand, scientific & technical difficulties for developing biostimulants pose a challenge for the growth of the biostimulants market.

The study offers a comprehensive analysis of the biostimulants market with respect to the active ingredients, mode of applications, formulation, crop type, and geography. The biostimulants market is mainly segmented by active ingredients (acid-based {humic acid, amino acid, and fulvic acid}, extract-based {seaweed extract and other botanical extracts}, microbial amendments, trace minerals and vitamins, and other active ingredients), mode of application (foliar spray, soil treatment, and seed treatment), formulation (liquid and dry), crop type (row crops, fruits & vegetables, turf & ornamentals, and other crop types), and geography. The study also evaluates industry competitors and analyzes the market at the country level.

Based on active ingredient, the biostimulants market is segmented into acid-based, extract-based, microbial amendments, trace minerals and vitamins, and other active ingredients. The acid-based biostimulants segment is expected to account for the largest share of the biostimulants market in 2021. The large share of this segment is mainly attributed to their easy availability, a wide range of benefits to plants, and higher effectivity. However, the extract-based biostimulants segment is expected to witness significant growth during the forecast period.

Based on mode of application, the biostimulants market is segmented into foliar spray, soil treatment, and seed treatment. The foliar spray segment is expected to account for the largest share of the biostimulants market in 2021. However, the seed treatment segment is expected to grow at the highest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to its benefits: increased nutrient availability in the rhizosphere, enhanced root and shoot growth, increased nutrient uptake, protection from pathogens, and better nutrient utilization efficiency.

Based on formulation, the biostimulants market is segmented into liquid and dry. The liquid formulations segment is expected to account for the largest share of the biostimulants market in 2021. The large share of this segment is mainly attributed to the liquid formulation’s better performance and higher effective duration (up to 6 months) than that of dry formulation (up to 3 months).

Based on crop type, the biostimulants market is segmented into row crops, fruits & vegetables, turf & ornamentals, and other crop types. The row crops segment is expected to account for the largest share of the biostimulants market in 2021. The large share of this segment is mainly attributed to the factors such as the huge area under row crop cultivation across the globe, increasing organic farming, and growing usage of biostimulants by the farmers instead of chemical fertilizers or pesticides.

Geographically, the market is segmented into five major regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Europe is expected to account for the largest share of the overall biostimulants market in 2021. The large share of this region is primarily attributed to the rising concerns over harmful chemicals on the environment, increasing demand for organic food, growing R&D activities on biostimulants, and the presence of a large number of biostimulants providers.

The key players operating in the biostimulants market are Marrone Bio Innovations, Inc. (U.S.), Biolchim SpA (Italy), Bayer AG (Germany), Andermatt Biocontrol AG (Switzerland), Som Phytopharma India Limited (India), BioWorks, Inc. (U.S.), Novozymes A/S (Denmark), Koppert B.V. (Netherlands), Gowan Company, LLC. (U.S.), Italpollina SpA (Italy), Rovensa S.A. (Portugal), Biostadt India Limited (India), Olmix S.A. (France), FMC Corporation (U.S.), Syngenta AG (Switzerland), BASF SE (Germany), BioAtlantis Ltd. (Ireland), Omex Agrifluids Limited (U.K.), Agrinos Inc. (U.S.), Plant Health Care plc (U.S.), Haifa Group (Israel), SICIT Group S.p.A. (Italy), and EuroChem Group AG (Switzerland).

Key Questions Answered in the Report-

  • Which are the high-growth market segments in terms of active ingredient, mode of application, formulation, crop type, and geography?
  • What is the historical market size for the biostimulants market?
  • What are the market forecasts and estimates for the period 2021-2028?
  • What are the major drivers, restraints, and challenges in the biostimulants market?
  • Who are the major players in the market, and what share of the market do they hold?
  • Who are the major players in various countries, and what share of the market do they hold?
  • How is the competitive landscape for the biostimulants market?
  • What are the recent developments in the biostimulants market?
  • What are the different strategies adopted by the major players in the market?
  • What are the key geographic trends, and which are the high-growth countries?
  • Who are the local emerging players in the biostimulants market, and how do they compete with the other players?



Scope of the Report
Biostimulants Market, by Active Ingredient

  • Acid-based


o Humic Acid
o Amino Acid
o Fulvic Acid

  • Extract-based


o Seaweed Extract
o Other Botanical Extracts

  • Microbial Amendments
  • Trace Minerals and Vitamins
  • Other Active Ingredients


Biostimulants Market, by Mode of Application

  • Foliar Spray
  • Soil Treatment
  • Seed Treatment


Biostimulants Market, by Formulation

  • Liquid Formulation


o Suspension Concentrates
o Soluble Liquid Concentrates
o Emulsifiable Concentrates

  • Dry Formulation


o Dry Granules
o Wettable Powder
o Water Dispersible
Biostimulants Market, by Crop Type

  • Row Crops
  • Fruits & Vegetables
  • Turfs & Ornamentals
  • Other Crop Types



Biostimulants Market, by Geography

  • Europe


o Spain
o France
o Italy
o Germany
o U.K.

o Rest of Europe (RoE)

  • North America


o U.S.

o Canada
o Mexico

  • Asia-Pacific


o China
o India
o Australia
o Japan
o Rest of Asia-Pacific (RoAPAC)

  • Latin America


o Argentina
o Brazil
o Chile
o Rest of Latin America (RoLATAM)

  • Middle East & Africa