As per this study the Global Biostimulant Market was valued USD 2,016.5 MN (by revenue) in 2018 and is anticipated to reach USD 3,686.2 MN by 2025 with a CAGR of 9%.
 
Biostimulant refers to the compound made from natural substance and microorganisms that are applied directly to seed, crop, plant or soil to increase crop yield. Biostimulant improves the plant growth environment leading to better yield and crop quality. Basically, it stimulates plant growth and development from germination to maturity and also increases plant tolerance limit and soil fertility.
 
Objectives of the Study:

• Define and measure the global biostimulant market
• Revenue forecast of the global biostimulant 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

 
Market Dynamics
 
Rising global demand for food and growing focus on crop productivity is driving the market growth. Growing health conscious population coupled with rising adoption of organic vegetables and fruits are again boosting the market growth. Better crop quality and quantity, high tolerance limit, soil fertility are the advantages fueling the biostimulant demand for agricultural purpose. On the flip, low awareness among the farmers is likely to hinder the market growth.
 
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of biostimulant.
 
Market Segmentation
 
The broad biostimulant market has been sub-grouped into active ingredient, crop type and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
 
By Active Ingredient

• Acid Base
• Seaweed Extract
• Microbial
• Others

 
By Crop Type

• Row Crops And Cereals
• Fruits And Vegetables
• Turfs And Ornaments
• Others

 
By Application

• Foliar
• Seed
• Soil

 
Regional Analysis
 
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for biostimulant in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
 
Europe Biostimulant Market By Revenue (USD MN)
 

 
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the biostimulant market include BASF SE, Biolchim S.P.A, Biostadt India Limited, Isagro Group, Italpollina SAP, Koppert B.V., Novozymes A/S, Platform Specialty Products Corporation, Sapec Group and Valagro Group. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
 
 
METHODOLOGY:
 
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.