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Biostimulants Market by Active Ingredient (Humic Substances, Seaweed, Microbials, Trace Minerals, Vitamins & Amino Acids), Crop Type (Row Crops, Fruits & Vegetables, Turf & Ornamentals), Formulation, Application Method, and Region - Global Forecast to 2022

 
Summary
Table of contents
The global biostimulants market was valued at USD 1.79 Billion in 2016; this market is projected to reach USD 3.29 Billion by 2022, at a CAGR of 10.43% from 2017 to 2022.

The biostimulants market has been segmented on the basis of crop type, form, application method, and active ingredient. It has been further segmented on the basis of region into North America, Europe, South America, Asia Pacific, and the Rest of the World (RoW). The main objectives of the report are to define, segment, and project the market size of the biostimulants market with respect to the above-mentioned segmentations and provide a detailed study of key factors influencing the growth of the market, along with profiling the key players in the market and their core competencies.


The years considered for this report are as follows:

2016 – Base Year
2017 – Estimated Year
2022 – Projected Year


Research Methodology


This report includes estimations of market sizes for value (USD million) with the base year as 2016 and forecast period from 2017 to 2022. Top-down and bottom-up approaches have been used to estimate and validate the size of the biostimulants market and to estimate the size of various other dependent submarkets. Key players in the market have been identified through secondary sources such as the European Biostimulant Industry Council (EBIC) and Biostimulant Coalition, and their market share in respective regions have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and were verified through primary sources.


Market Ecosystem


The market ecosystem includes key manufacturers and service providers in this report such as Arysta (Japan), ISAGRO (Italy), Valagro (Italy), Italpollina (Italy), BASF (Germany), BioAg Alliance (US), FMC Corporation (US), Koppert (Netherlands), Syngenta (Switzerland), and Biolchim (Italy).


Target Audience


The stakeholders for the report include the following:

  • Biostimulant & fertilizer manufacturers
  • Seaweed harvesters and processors
  • Crop protection product manufacturers
  • Humic acids and seaweed traders/distributors/suppliers
  • Organic certification agencies and biostimulant importers/exporters
  • Biostimulant manufacturer associations and industry bodies
  • Raw material suppliers and technology providers to manufacturers
  • Government and research organizations
  • Agricultural institutes and universities
  • Government, legislative, and regulatory bodies


“The study answers several questions for stakeholders, primarily which market segments to focus on in the next two to five years for prioritizing efforts and investments.”


Scope of the Report


The biostimulants market has been segmented as follows:


On the basis of Active Ingredient, the biostimulants market is segmented as follows:

  • Humic substances (humic acid and fulvic acid)
  • Seaweed extracts
  • Microbial amendments
  • Trace minerals
  • Vitamins & amino acids
  • Other ingredients & additives (polysaccharides, enzymes, soil conditioners, wetting agents, and antioxidants)

On the basis of Application Method, the biostimulants market is segmented as follows:

  • Foliar treatment
  • Soil treatment
  • Seed treatment

On the basis of Form, the biostimulants market is segmented as follows:

  • Dry
  • Liquid

On the basis of Crop Type, the biostimulants market is segmented as follows:

  • Row crops (cereals, oilseeds, and pulses)
  • Fruits & vegetables
  • Turfs & ornamentals
  • Other crops (fiber crops, plantation crops, hydroponics, and forage grasses)

On the basis of Region, the biostimulants market is segmented as follows:

  • North America
  • Europe
  • Asia Pacific
  • South America
  • RoW (Africa and the Middle East)
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