市場調查報告書
商品編碼
1448034
生物刺激劑市場 - 2023-2030Biostimulants market - 2023-2030 |
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概述
全球生物興奮劑市場在2022年達到40.5億美元,預計2030年將達到92.7億美元,2023-2030年預測期間CAGR為10.9%。
消費者對有機產品不斷成長的需求正在刺激全球有機農業實踐的擴展。生物刺激劑透過促進養分吸收、脅迫耐受性和土壤健康等自然過程在有機農業中發揮著至關重要的作用。隨著有機農業的不斷普及,對生物刺激劑的需求預計將增加,從而推動市場擴張。
由於對環境永續性、土壤健康和糧食安全的擔憂,歐洲對永續農業實踐的需求不斷成長。生物刺激劑提供了環境友善的解決方案,可提高作物生產力、養分吸收和抗逆性,符合永續農業的目標。因此,歐洲對生物刺激劑的市場需求不斷增加。
例如,2023 年 11 月 29 日,為了滿足農民對增強作物復原力和最佳化養分利用的解決方案的需求,雅苒推出了新型生物刺激劑品牌 YaraAmplix。這場發表會是在義大利米蘭舉行的生物刺激劑世界大會上舉行的。有鑑於乾旱、洪水和霜凍等極端天氣事件對全球農作物產量的不利影響,雅苒強調了生物刺激劑在增強農作物抵禦氣候壓力方面的重要性。
動力學
有機產品的需求不斷增加
近年來,消費者對有機產品的意識和需求穩步成長。消費者願意為有機水果、蔬菜和其他被認為更健康、更環保的農產品支付溢價。為了滿足這種不斷成長的需求,農民擴大轉向生物刺激素來提高有機作物的品質和產量,從而推動市場成長。
生物刺激劑市場正在見證重大的技術進步和產品創新,旨在提高功效、應用方法以及與有機農業實踐的兼容性。製造商正在投資研發,以開發源自天然來源的新生物刺激劑配方。這些創新產品為農民提供了更多選擇,以有機和永續的方式改善作物表現,推動市場成長。
生物技術的進步
生物技術可以開發生物刺激劑的先進配方和輸送系統,提高其穩定性、生物利用度和功效。微膠囊化、奈米乳液和其他生物技術方法可以控制活性成分的釋放,延長其作用並減少使用頻率。這些進步提高了生物刺激劑的使用效率,增加了它們對農民的吸引力並推動了市場擴張。
生物技術能夠開發具有增強功效和特異性的新型生物刺激劑產品。製造商可以利用基因工程、代謝工程和其他生物技術來製造適合特定作物、環境條件和生長階段的生物刺激劑。這些進步導致市場上有更廣泛的生物刺激劑選擇,滿足多樣化的農業需求並推動市場成長。
例如,2023年7月28日,Bionema Group Ltd在英國推出了一系列新的生物刺激劑產品。這些產品專為農業、園藝、林業、草坪和設施等不同領域的應用而客製化。經過十年的專注研究和開發,Bionema 集團推出了七種創新產品,其中包括海藻萃取物、腐植質和黃腐物質以及其他天然營養素。
生物刺激素產品成本高
生物刺激素產品的高成本可能使一些農民在經濟上難以取得,特別是那些經營規模小或財力有限的農民。因此,農民不願意投資生物刺激劑,而是選擇更實惠的傳統肥料和農業化學品。這種有限的承受能力限制了市場需求並阻礙了生物刺激劑的廣泛採用,特別是在收入水平較低或農業部門低度開發的地區。
農民在投資農業投入品(包括生物刺激劑)之前通常會進行成本效益分析。生物刺激素產品的感知價值必須超過其前期成本,農民才能證明投資的合理性。然而,相對於預期收益,生物刺激劑的成本被認為太高,農民選擇提供更有利成本效益比的替代產品和做法。這導致生物刺激劑的市場需求減少和市場成長放緩。
Overview
Global Bio Stimulants Market reached US$ 4.05 billion in 2022 and is expected to reach US$ 9.27 billion by 2030, growing with a CAGR of 10.9% during the forecast period 2023-2030.
The growing consumer demand for organic products is spurring the expansion of organic farming practices globally. Biostimulants play a crucial role in organic farming by promoting natural processes such as nutrient uptake, stress tolerance, and soil health. As organic farming continues to gain popularity, the demand for biostimulants is expected to rise, driving market expansion.
There is a rising demand for sustainable agriculture practices in Europe, driven by concerns over environmental sustainability, soil health, and food security. Biostimulants offer environmentally friendly solutions for enhancing crop productivity, nutrient uptake, and stress tolerance, aligning with the goals of sustainable agriculture. As a result, there is increasing market demand for biostimulants in Europe.
For instance, on November 29, 2023, addressing farmers' demands for solutions to bolster crop resilience and optimize nutrient utilization, Yara introduced YaraAmplix, a novel brand of biostimulants. The launch took place at the Biostimulant World Congress held in Milan, Italy. Recognizing the detrimental impact of extreme weather events such as droughts, floods, and frosts on crop yields globally, Yara underscores the significance of biostimulants in fortifying crops against climatic stressors.
Dynamics
Increasing Demand for Organic Products
Consumer awareness and demand for organic products are steadily increasing in recent years. Consumers are willing to pay a premium for organic fruits, vegetables, and other agricultural products perceived to be healthier and more environmentally sustainable. To meet this growing demand, farmers are increasingly turning to biostimulants to enhance the quality and yield of their organic crops, driving market growth.
The biostimulants market is witnessing significant technological advancements and product innovations aimed at enhancing efficacy, application methods, and compatibility with organic farming practices. Manufacturers are investing in research and development to develop new biostimulant formulations derived from natural sources. These innovative products offer farmers more options for improving crop performance organically and sustainably, driving market growth.
Advancements in Biotechnology
Biotechnology allows for the development of advanced formulations and delivery systems for biostimulants, enhancing their stability, bioavailability, and efficacy. Microencapsulation, nanoemulsions, and other biotechnological approaches enable the controlled release of active ingredients, prolonging their effect and reducing the frequency of application. These advancements result in more efficient use of biostimulants, increasing their appeal to farmers and driving market expansion.
Biotechnology enables the development of novel biostimulant products with enhanced efficacy and specificity. Manufacturers can create biostimulants tailored to specific crops, environmental conditions, and growth stages by leveraging genetic engineering, metabolic engineering, and other biotechnological techniques. These advancements lead to a wider range of biostimulant options available in the market, catering to diverse agricultural needs and driving market growth.
For instance, on July 28, 2023, Bionema Group Ltd, launched a new series of biostimulant products in the United Kingdom. These products are tailored for application across diverse sectors such as agriculture, horticulture, forestry, and turf and amenities. Following a decade of dedicated research and development, Bionema Group is introducing seven innovative products, featuring seaweed extracts, humic and fulvic substances, and other natural nutrients.
High Cost of Biostimulant Products
The high cost of biostimulant products can make them financially inaccessible to some farmers, particularly those with small-scale operations or limited financial resources. As a result, farmers are reluctant to invest in biostimulants, opting instead for more affordable conventional fertilizers and agrochemicals. This limited affordability constrains market demand and hinders the widespread adoption of biostimulants, particularly in regions with lower income levels or less developed agricultural sectors.
Farmers often conduct cost-benefit analyses before investing in agricultural inputs, including biostimulants. The perceived value of biostimulant products must outweigh their upfront costs for farmers to justify the investment. However, the cost of biostimulants is deemed too high relative to the expected benefits, farmers opt for alternative products and practices that offer a more favorable cost-benefit ratio. This leads to reduced market demand for biostimulants and slower market growth.
The global biostimulants market is segmented based on ingredient, form, crop type, application, and region.
Wide Range of Applications and Proven Effectiveness of Acids
The acids segment is projected to hold the largest share of the global biostimulants market. Acids, such as humic acids, fulvic acids, and amino acids, are versatile biostimulant ingredients with diverse applications in agriculture. They enhance nutrient uptake, root development, and stress tolerance in plants, leading to improved crop yield and quality. The broad spectrum of benefits offered by acid-based biostimulants makes them popular among farmers across various crop types and growing conditions.
Acids are extensively studied and recognized for their effectiveness in promoting plant growth and health. Research studies and field trials are demonstrating the positive impact of acid-based biostimulants on crop performance, leading to increased confidence and adoption among farmers. The proven efficacy of acids contributes to their dominant position in the biostimulants market.
For instance, on January 31, 2023, Sumitomo Chemical acquired FBSciences Holdings, Inc., a U.S. company engaged in the business of biostimulants, a group of naturally-derived agricultural materials, and a class of biorationals. Biorationals, which have a global market valued at about $10 billion, about one-tenth that of agricultural chemicals, are expected to see continued demand growth as the need for crop protection products with lower environmental impact increases among growers and consumers.
Growing Technological Innovations and a Strong Regulatory Environment in Europe
Europe has a well-established regulatory framework for biostimulants, providing guidelines for product registration, labeling, and marketing. The European Union's regulations ensure product safety, efficacy, and quality standards, fostering consumer confidence and market transparency. The harmonization of regulations across European countries facilitates market access and growth for biostimulant manufacturers, positioning Europe as a key player in the global market.
Europe is a hub for research and innovation in biotechnology and agricultural sciences. The region's investment in research and development is leading to the development of advanced biostimulant formulations tailored to different crops, growing conditions, and environmental challenges. Technological advancements drive market differentiation and competitiveness, giving European biostimulant companies a strategic advantage in the global market.
For instance, on October 25, 2023, Bionema Group, a leading developer and manufacturer of biocontrol technologies focusing on crop protection and plant health management, introduced RootVita, an innovative biostimulant product in the UK. RootVita is tailored for application across diverse sectors including agriculture, horticulture, forestry, turf, and amenities. It is functioning as both a biofertilizer and soil enhancer, RootVita promotes natural plant growth and enhances soil health.
The pandemic disrupted global supply chains, leading to shortages of raw materials, transportation delays, and interruptions in manufacturing operations. These disruptions affected the availability of biostimulant products in the market, leading to supply constraints and higher prices. Manufacturers faced challenges sourcing ingredients and fulfilling orders, impacting market supply and distribution channels.
The pandemic caused shifts in demand dynamics for biostimulant products, driven by changes in agricultural practices, consumer preferences, and economic conditions. While some farmers reduced input spending and postponed investments in biostimulants due to financial uncertainties, others increased adoption to improve crop resilience, productivity, and quality. Consumer demand for organic and sustainably produced food also influenced market demand for biostimulants, driving growth in certain segments of the market.
The conflict disrupted global supply chains, particularly for key raw materials and manufacturing processes used in biostimulant production. As Ukraine and Russia are major exporters of certain agricultural inputs, such as minerals and fertilizers, the conflict led to supply shortages and price fluctuations in the biostimulants market. Manufacturers faced challenges sourcing essential ingredients, impacting market supply and distribution channels.
The Russia-Ukraine war created market uncertainty and volatility, affecting investor confidence and business decisions in the biostimulants market. Fluctuations in commodity prices, currency exchange rates, and geopolitical tensions added to market uncertainty, leading to cautiousness among market participants. The unpredictable nature of the conflict contributed to heightened volatility, impacting market dynamics and investment patterns.
The major global players in the bio stimulants market include Arysta Life Science Corporation, BASF SE, Biolchim S.p. A, Biostadt India Ltd, Isagro S.p. A, Hello Nature, Inc., Koppert BV, Lallemand Plant Care, Novozymes A/S, and Tradecorp International.
The global bio stimulants market report would provide approximately 70 tables, 64 figures, and 213 Pages.
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