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Global Biostimulant Market Report By Active Ingredient (Acid Base, Seaweed Extract, Microbial And Others), By Crop Type (Row Crops And Cereals, Fruits And Vegetables, Turfs And Ornaments And Others) By Application (Foliar, Seed And Soil) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2020-2027
ID:VMR11210211
March 2021
Report Formats:
Global Biostimulant Market Overview
The key driver impacting the Biostimulant market is the growing focus on enhancing productivity due to the mounting demand for food from the expanding global population. For instance, According to the World Population datasheet, the global population is expected to reach 9.9 billion by 2050, a boost of more than 25% from the present 2020 population of 7.8 billion. Food demand is probable to augment approximately 59% to 98% by 2050.The Food and agriculture organization (FAO) report, estimations represents that agricultural production would require to grow globally by 70% and more particularly by almost 100% in developing countries till 2050 to feed the growing population. Moreover, seaweeds' easier availability as raw materials and growing demand for high-value crops contribute to market growth. Whereas with regards to volume,the market was calculated XX Thousand Hectares in 2020 and foreseen to grow with a CAGR of XX% during 2020-2027.
The rapid soil degradation creates the need for sustainable agriculture to augment Biostimulant demand in the forecast period. For instance, According to the Global agriculture organization globally, around 10 - 20% of drylands and 24% of the world’s productive lands are degraded and severely degraded the soil fertility. The European Union alone loses 970 million tonnes of soil per year due to water erosion. Scientists warned that over 24 billion tons of fertile soil get lost annually, primarily due to unsustainable agriculture practices. If this trend continues, 95 percent of the Earth’s land areas could become degraded by 2050. The soil erosion can lead to a 50 percent loss in crop yields as per the global environment facility (GEF) report. However, the commercialization of low-quality Biostimulant products may hamper the global Biostimulant market in the long run. Also, the rising prevalence of uncertain regulatory frameworks of Biostimulant globally is negatively impacting the market. The current industry trends, such as the strengthening product portfolio for broad-acre crops and technological advancements for Biostimulant production, are expected to provide market players with new market opportunities.
The Biostimulant market is vast, with many local and global players. The Biostimulant market is extensive, with many local and international players. The key leaders follow different strategies to advance their market position, such as amalgamation, contracts, extending product portfolio, product upgrades, and acquisitions, to augment their market share across the globe. For instance, In February 2019, UPL (India) had acquired a part of Platform Specialty Products Corporation named Arysta LifeScience Corporation of U.S. The acquisition facilitates the company to widen its footprint in the biologicals market and extend its geographical presence. The significant players studied in the report are Isagro Group, BASF SE, Biolchim S.P.A, Novozymes A/S, Platform Specialty Products Corporation, Valagro Group, Koppert B.V., Italpollina SAP, and Biostadt India Limited.
In this research report, the Biostimulant market is segmented by active ingredients, product, crop type, and region.
Analysis by Active Ingredients:
By active ingredients, the report is segmented into acid-based, seaweed extracts, microbial, and others. The acid-based Biostimulant dominate the active ingredients segment with a 40% share in 2020. The acid-based segment comprises fulvic, humic, and amino acids. The growing usage of amino acids as they are the significant originators of phytohormones helps activate the metabolic systems of seed and plant germination. Moreover, it stimulates fruit setting, flowering, pollination, and fruit development in the plant, thus creating more demands for active ingredients in the forecast period.
Analysis by Crop Type:
By crop type, the report is segmented into row crops & cereals, fruits & vegetables, turf & ornamentals, and others. The row crops and cereals dominate the crop type segment with a 30% share in 2020. It is because row crops and cereals are grown extensively globally in large areas due to rising demand for organic cereals, thus providing substantial growth opportunities for the Biostimulant industry. Moreover, the growing adoption of Biostimulant to cultivate row crops and cereals drives demands for the row crops & cereals segment in the forecast period.
Analysis by Application:
By application, the report is categorized into foliar, seed, and soil. The foliar application technique segment dominates the application segment with a 50% share in 2020. The Biostimulant supported for foliar treatment are mainly marketed in liquid form to facilitate more accessible application. The growing usage of glycine betaine, chelated nutrients, and IPA molecule as primary active ingredients utilized in these products for foliar application. Moreover, the treatment enables faster absorption of nutrients by leaves, improves nutrient uptake, and boosts cellular activity, contributing to the foliar application segment's growth in the forecast period.
Analysis by Region:
In the regional outlook of the global Biostimulant market, the European region dominates with over 20% market share during the forecast period. It is due to the presence of favorable regulations to improve organic food production that is estimated to increase the application of Biostimulant. Moreover, the growing usage of Biostimulant on ornamentals plants, citrus fruits, and turf in Spain with high adoption of Biostimulant for conventional and organic farms market contributes to the growth of the market across Europe.
Market Segmentation covered in the Report:
By Active Ingredients:
By Crop Type
By Application:
By Region
METHODOLOGY
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.
The key driver impacting the Biostimulant market is the growing focus on enhancing productivity due to the mounting demand for food from the expanding global population. For instance, According to the World Population datasheet, the global population is expected to reach 9.9 billion by 2050, a boost of more than 25% from the present 2020 population of 7.8 billion. Food demand is probable to augment approximately 59% to 98% by 2050.The Food and agriculture organization (FAO) report, estimations represents that agricultural production would require to grow globally by 70% and more particularly by almost 100% in developing countries till 2050 to feed the growing population. Moreover, seaweeds' easier availability as raw materials and growing demand for high-value crops contribute to market growth. Whereas with regards to volume,the market was calculated XX Thousand Hectares in 2020 and foreseen to grow with a CAGR of XX% during 2020-2027.
According to Value Market Research, the global Biostimulant market size was valued at around USD 2000 million in 2020 and is estimated to grow at a CAGR of about 10.2% during the forecast period 2021 to 2027.
The rapid soil degradation creates the need for sustainable agriculture to augment Biostimulant demand in the forecast period. For instance, According to the Global agriculture organization globally, around 10 - 20% of drylands and 24% of the world’s productive lands are degraded and severely degraded the soil fertility. The European Union alone loses 970 million tonnes of soil per year due to water erosion. Scientists warned that over 24 billion tons of fertile soil get lost annually, primarily due to unsustainable agriculture practices. If this trend continues, 95 percent of the Earth’s land areas could become degraded by 2050. The soil erosion can lead to a 50 percent loss in crop yields as per the global environment facility (GEF) report. However, the commercialization of low-quality Biostimulant products may hamper the global Biostimulant market in the long run. Also, the rising prevalence of uncertain regulatory frameworks of Biostimulant globally is negatively impacting the market. The current industry trends, such as the strengthening product portfolio for broad-acre crops and technological advancements for Biostimulant production, are expected to provide market players with new market opportunities.
The Biostimulant market is vast, with many local and global players. The Biostimulant market is extensive, with many local and international players. The key leaders follow different strategies to advance their market position, such as amalgamation, contracts, extending product portfolio, product upgrades, and acquisitions, to augment their market share across the globe. For instance, In February 2019, UPL (India) had acquired a part of Platform Specialty Products Corporation named Arysta LifeScience Corporation of U.S. The acquisition facilitates the company to widen its footprint in the biologicals market and extend its geographical presence. The significant players studied in the report are Isagro Group, BASF SE, Biolchim S.P.A, Novozymes A/S, Platform Specialty Products Corporation, Valagro Group, Koppert B.V., Italpollina SAP, and Biostadt India Limited.
In this research report, the Biostimulant market is segmented by active ingredients, product, crop type, and region.
Analysis by Active Ingredients:
By active ingredients, the report is segmented into acid-based, seaweed extracts, microbial, and others. The acid-based Biostimulant dominate the active ingredients segment with a 40% share in 2020. The acid-based segment comprises fulvic, humic, and amino acids. The growing usage of amino acids as they are the significant originators of phytohormones helps activate the metabolic systems of seed and plant germination. Moreover, it stimulates fruit setting, flowering, pollination, and fruit development in the plant, thus creating more demands for active ingredients in the forecast period.
Analysis by Crop Type:
By crop type, the report is segmented into row crops & cereals, fruits & vegetables, turf & ornamentals, and others. The row crops and cereals dominate the crop type segment with a 30% share in 2020. It is because row crops and cereals are grown extensively globally in large areas due to rising demand for organic cereals, thus providing substantial growth opportunities for the Biostimulant industry. Moreover, the growing adoption of Biostimulant to cultivate row crops and cereals drives demands for the row crops & cereals segment in the forecast period.
Analysis by Application:
By application, the report is categorized into foliar, seed, and soil. The foliar application technique segment dominates the application segment with a 50% share in 2020. The Biostimulant supported for foliar treatment are mainly marketed in liquid form to facilitate more accessible application. The growing usage of glycine betaine, chelated nutrients, and IPA molecule as primary active ingredients utilized in these products for foliar application. Moreover, the treatment enables faster absorption of nutrients by leaves, improves nutrient uptake, and boosts cellular activity, contributing to the foliar application segment's growth in the forecast period.
Analysis by Region:
In the regional outlook of the global Biostimulant market, the European region dominates with over 20% market share during the forecast period. It is due to the presence of favorable regulations to improve organic food production that is estimated to increase the application of Biostimulant. Moreover, the growing usage of Biostimulant on ornamentals plants, citrus fruits, and turf in Spain with high adoption of Biostimulant for conventional and organic farms market contributes to the growth of the market across Europe.
Market Segmentation covered in the Report:
By Active Ingredients:
- Acid Based
- Seaweed Extracts
- Microbial
- Others
By Crop Type
- Row Crops & Cereals
- Fruits & Vegetables
- Turf & Ornamentals
- Others
By Application:
- Foliar
- Seed
- Soil
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
METHODOLOGY
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . BIOSTIMULANT – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 By Active Ingredients
3.7.2 By Crop Type
3.7.3 By Application
3.7.4 By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
5.1. Impact Analysis of Covid-19 Outbreak
5.1.1. Direct Impact on Production
5.1.2. Supply Chain and Market Disruption
5.1.3. Financial Impact on Firms and Financial Markets
5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
5.3. Market: Pre V/S Post COVID-19
5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
5.5. COVID-19: Micro and Macro Factor Analysis
6 . GLOBAL BIOSTIMULANT MARKET ANALYSIS BY ACTIVE INGREDIENTS
6.1 Overview by Active Ingredients
6.2 Historical and Forecast Data
6.3 Analysis by Active Ingredients
6.4 Acid Based Market by Regions
6.6 Seaweed Extracts Market by Regions
6.5 Microbial Market by Regions
6.7 Others Market by Regions
7 . GLOBAL BIOSTIMULANT MARKET ANALYSIS BY CROP TYPE
7.1 Overview by Crop Type
7.2 Historical and Forecast Data
7.3 Analysis by Crop Type
7.4 Row Crops & Cereals Market by Regions
7.5 Fruits & Vegetables Market by Regions
7.6 Turf & Ornamentals Market by Regions
7.7 Others Market by Regions
8 . GLOBAL BIOSTIMULANT MARKET ANALYSIS BY APPLICATION
8.1 Overview by Application
8.2 Historical and Forecast Data
8.3 Analysis by Application
8.4 Foliar Market by Regions
8.5 Seed Market by Regions
8.6 Soil Market by Regions
9 . GLOBAL BIOSTIMULANT MARKET ANALYSIS BY GEOGRAPHY
9.1. Regional Outlook
9.2. Introduction
9.3. North America
9.3.1. Overview, Historic and Forecast Data
9.3.2. North America By Segment
9.3.3. North America By Country
9.3.4. United State
9.3.5. Canada
9.3.6. Mexico
9.4. Europe
9.4.1. Overview, Historic and Forecast Data
9.4.2. Europe by Segment
9.4.3. Europe by Country
9.4.4. United Kingdom
9.4.5. France
9.4.6. Germany
9.4.7. Italy
9.4.8. Russia
9.4.9. Rest Of Europe
9.5. Asia Pacific
9.5.1. Overview, Historic and Forecast Data
9.5.2. Asia Pacific by Segment
9.5.3. Asia Pacific by Country
9.5.4. China
9.5.5. India
9.5.6. Japan
9.5.7. South Korea
9.5.8. Australia
9.5.9. Rest Of Asia Pacific
9.6. Latin America
9.6.1. Overview, Historic and Forecast Data
9.6.2. Latin America by Segment
9.6.3. Latin America by Country
9.6.4. Brazil
9.6.5. Argentina
9.6.6. Peru
9.6.7. Chile
9.6.8. Rest of Latin America
9.7. Middle East & Africa
9.7.1. Overview, Historic and Forecast Data
9.7.2. Middle East & Africa by Segment
9.7.3. Middle East & Africa by Country
9.7.4. Saudi Arabia
9.7.5. UAE
9.7.6. Israel
9.7.7. South Africa
9.7.8. Rest Of Middle East And Africa
10 . COMPETITIVE LANDSCAPE OF THE BIOSTIMULANT COMPANIES
10.1. Biostimulant Market Competition
10.2. Partnership/Collaboration/Agreement
10.3. Merger And Acquisitions
10.4. New Product Launch
10.5. Other Developments
11 . COMPANY PROFILES OF BIOSTIMULANT INDUSTRY
11.1. Company Share Analysis
11.2. Market Concentration Rate
11.3. Isagro Group
11.3.1. Company Overview
11.3.2. Financials
11.3.3. Products
11.3.4. Recent Developments
11.4. BASF SE
11.4.1. Company Overview
11.4.2. Financials
11.4.3. Products
11.4.4. Recent Developments
11.5. Biolchim S.P.A
11.5.1. Company Overview
11.5.2. Financials
11.5.3. Products
11.5.4. Recent Developments
11.6. Novozymes A/S
11.6.1. Company Overview
11.6.2. Financials
11.6.3. Products
11.6.4. Recent Developments
11.7. Platform Specialty Products Corporation
11.7.1. Company Overview
11.7.2. Financials
11.7.3. Products
11.7.4. Recent Developments
11.8. Valagro Group
11.8.1. Company Overview
11.8.2. Financials
11.8.3. Products
11.8.4. Recent Developments
11.9. Koppert B.V.
11.9.1. Company Overview
11.9.2. Financials
11.9.3. Products
11.9.4. Recent Developments
11.10. Italpollina SAP
11.10.1. Company Overview
11.10.2. Financials
11.10.3. Products
11.10.4. Recent Developments
11.11. Biostadt India Limited
11.11.1. Company Overview
11.11.2. Financials
11.11.3. Products
11.11.4. Recent Developments
*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
LIST OF TABLES
- Market Snapshot
- Drivers : Impact Analysis
- Restraints : Impact Analysis
- List of Raw Material
- List of Raw Material Manufactures
- List of Potential Buyers
- COVID-19 Impact Analysis by Production, Import, Export and Demand
- Pre V/S Post COVID-19
- Estimated Impact Of The Coronavirus (Covid-19) Epidemic
- COVID-19: Micro and Macro Factor Analysis
- Analysis by Active Ingredients (Thousand Hectares and USD MN)
- Acid Based Market by Geography (Thousand Hectares and USD MN)
- Seaweed Extracts Market by Geography (Thousand Hectares and USD MN)
- Microbial Market by Geography (Thousand Hectares and USD MN)
- Others Market by Geography (Thousand Hectares and USD MN)
- Analysis Market by Crop Type (Thousand Hectares and USD MN)
- Row Crops & Cereals Market by Geography (Thousand Hectares and USD MN)
- Fruits & Vegetables Market by Geography (Thousand Hectares and USD MN)
- Turf & Ornamentals Market by Geography (Thousand Hectares and USD MN)
- Others Market by Geography (Thousand Hectares and USD MN)
- Analysis by Application (Thousand Hectares and USD MN)
- Foliar Market by Geography (Thousand Hectares and USD MN)
- Seed Market by Geography (Thousand Hectares and USD MN)
- Soil Market by Geography (Thousand Hectares and USD MN)
- Global Biostimulant Market by Geography (Thousand Hectares and USD MN)
- North America Market Analysis (Thousand Hectares and USD MN)
- United State Market Analysis (Thousand Hectares and USD MN)
- Canada Market Analysis (Thousand Hectares and USD MN)
- Mexico Market Analysis (Thousand Hectares and USD MN)
- Europe Market Analysis (Thousand Hectares and USD MN)
- Europe Market Estimate by Country (Thousand Hectares and USD MN)
- United Kingdom Market Analysis (Thousand Hectares and USD MN)
- France Market Analysis (Thousand Hectares and USD MN)
- Germany Market Analysis (Thousand Hectares and USD MN)
- Italy Market Analysis (Thousand Hectares and USD MN)
- Russia Market Analysis (Thousand Hectares and USD MN)
- Spain Market Analysis (Thousand Hectares and USD MN)
- Rest of Europe Market Analysis (Thousand Hectares and USD MN)
- Asia Pacific Market Analysis (Thousand Hectares and USD MN)
- China Market Analysis (Thousand Hectares and USD MN)
- Japan Market Analysis (Thousand Hectares and USD MN)
- India Market Analysis (Thousand Hectares and USD MN)
- South Korea Market Analysis (Thousand Hectares and USD MN)
- Australia Market Analysis (Thousand Hectares and USD MN)
- Rest of Asia Pacific Market Analysis (Thousand Hectares and USD MN)
- Latin America Market Analysis (Thousand Hectares and USD MN)
- Brazil Market Analysis (Thousand Hectares and USD MN)
- Argentina Market Analysis (Thousand Hectares and USD MN)
- Peru Market Analysis (Thousand Hectares and USD MN)
- Chile Market Analysis (Thousand Hectares and USD MN)
- Rest of Latin America Market Analysis (Thousand Hectares and USD MN)
- Middle East & Africa Market Analysis (Thousand Hectares and USD MN)
- Saudi Arabia Market Analysis (Thousand Hectares and USD MN)
- UAE Market Analysis (Thousand Hectares and USD MN)
- Israel Market Analysis (Thousand Hectares and USD MN)
- South Africa Market Analysis (Thousand Hectares and USD MN)
- Rest of Middle East and Africa Market Analysis (Thousand Hectares and USD MN)
- Partnership/Collaboration/Agreement
- Mergers And Acquisiton
LIST OF FIGURES
- Research Scope of Biostimulant Report
- Market Research Process
- Market Research Methodology
- Global Biostimulant Market Size, by Region (Thousand Hectares and USD MN)
- Porters Five Forces Analysis
- Market Attractiveness Analysis by Active Ingredients
- Market Attractiveness Analysis by Crop Type
- Market Attractiveness Analysis by Application
- Market Attractiveness Analysis by Region
- Value Chain Analysis
- Global Market Analysis by Active Ingredients (Thousand Hectares and USD MN)
- Acid Based Market by Geography (Thousand Hectares and USD MN)
- Seaweed Extracts Market by Geography (Thousand Hectares and USD MN)
- Microbial Market by Geography (Thousand Hectares and USD MN)
- Others Market by Geography (Thousand Hectares and USD MN)
- Global Market Analysis by Crop Type (Thousand Hectares and USD MN)
- Row Crops & Cereals Market by Geography (Thousand Hectares and USD MN)
- Fruits & Vegetables Market by Geography (Thousand Hectares and USD MN)
- Turf & Ornamentals Market by Geography (Thousand Hectares and USD MN)
- Others Market by Geography (Thousand Hectares and USD MN)
- Global Market Analysis by Application (Thousand Hectares and USD MN)
- Foliar Market by Geography (Thousand Hectares and USD MN)
- Seed Market by Geography (Thousand Hectares and USD MN)
- Soil Market by Geography (Thousand Hectares and USD MN)
- Global Market by Revenue
- North America Market by Revenue
- Europe Market by Revenue
- Asia Pacific Market by Revenue
- Latin America Market by Revenue
- Middle East & Africa Market by Revenue
- Recent Development in Industry
- Company Market Share Analysis, 2020
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.
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Objectives of Study
- Define and measure the global market
- Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
- Analyze and identify major market trends along with the factors driving or inhibiting the market growth
- Study the company profiles of the major market players with their market share
- Analyze competitive developments