Product Code: IRTNTR40738
Technavio has been monitoring the biostimulants market and is forecast to grow by USD 1740.6 million during 2023-2028, accelerating at a CAGR of 11.21% during the forecast period. Our report on the biostimulants market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for biostimulants in the agricultural industry, rising demand for organic food, and easy availability of raw materials.
Technavio's biostimulants market is segmented as below:
Market Scope |
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 9.16% |
CAGR | 11.21% |
Incremental Value | $1740.6mn |
By Product
- Acid-based
- Extract-based
- Microbial amendments and others
By Application
By Type
- Row crops and cereals
- Fruits and vegetables
- Turfs and ornaments
- Others
By Geographical Landscape
- Europe
- APAC
- North America
- South America
- Middle East and Africa
This study identifies the reduction in arable land as one of the prime reasons driving the biostimulants market growth during the next few years. Also, upcoming regulation on biostimulants and global initiatives to improve agricultural output will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the biostimulants market covers the following areas:
- Biostimulants market sizing
- Biostimulants market forecast
- Biostimulants market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading biostimulants market vendors that include ADAMA Ltd., Atlantica Agricola, Bayer AG, Bioiberica S.A.U., Biolchim Spa, Biostadt India Ltd., Biovert SL, Crop Demetra Ltd., FMC Corp., Haifa Negev technologies Ltd., Idai Nature S.L, Italpollina Spa, Koppert, Micromix Plant Health Ltd., Novozymes AS, OMEX, RAG Stiftung, SEIPASA SA, SICIT Group Spa, and UPL Ltd.. Also, the biostimulants market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 2.2 Market characteristics
- Market characteristics analysis
- 2.3 Value chain analysis
3 Market Sizing
- 3.1 Market definition
- Offerings of companies included in the market definition
- 3.2 Market segment analysis
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global Biostimulants Market 2018 - 2022
- Historic Market Size - Data Table on Global Biostimulants Market 2018 - 2022 ($ million)
- 4.2 Product segment analysis 2018 - 2022
- Historic Market Size - Product Segment 2018 - 2022 ($ million)
- 4.3 Application segment analysis 2018 - 2022
- Historic Market Size - Application Segment 2018 - 2022 ($ million)
- 4.4 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ million)
- 4.5 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
- 4.6 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Product
- 6.1 Market segments
- Chart on Product - Market share 2023-2028 (%)
- Data Table on Product - Market share 2023-2028 (%)
- 6.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
- 6.3 Acid-based - Market size and forecast 2023-2028
- Chart on Acid-based - Market size and forecast 2023-2028 ($ million)
- Data Table on Acid-based - Market size and forecast 2023-2028 ($ million)
- Chart on Acid-based - Year-over-year growth 2023-2028 (%)
- Data Table on Acid-based - Year-over-year growth 2023-2028 (%)
- 6.4 Extract-based - Market size and forecast 2023-2028
- Chart on Extract-based - Market size and forecast 2023-2028 ($ million)
- Data Table on Extract-based - Market size and forecast 2023-2028 ($ million)
- Chart on Extract-based - Year-over-year growth 2023-2028 (%)
- Data Table on Extract-based - Year-over-year growth 2023-2028 (%)
- 6.5 Microbial amendments and others - Market size and forecast 2023-2028
- Chart on Microbial amendments and others - Market size and forecast 2023-2028 ($ million)
- Data Table on Microbial amendments and others - Market size and forecast 2023-2028 ($ million)
- Chart on Microbial amendments and others - Year-over-year growth 2023-2028 (%)
- Data Table on Microbial amendments and others - Year-over-year growth 2023-2028 (%)
- 6.6 Market opportunity by Product
- Market opportunity by Product ($ million)
- Data Table on Market opportunity by Product ($ million)
7 Market Segmentation by Application
- 7.1 Market segments
- Chart on Application - Market share 2023-2028 (%)
- Data Table on Application - Market share 2023-2028 (%)
- 7.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
- 7.3 Foliar - Market size and forecast 2023-2028
- Chart on Foliar - Market size and forecast 2023-2028 ($ million)
- Data Table on Foliar - Market size and forecast 2023-2028 ($ million)
- Chart on Foliar - Year-over-year growth 2023-2028 (%)
- Data Table on Foliar - Year-over-year growth 2023-2028 (%)
- 7.4 Soil - Market size and forecast 2023-2028
- Chart on Soil - Market size and forecast 2023-2028 ($ million)
- Data Table on Soil - Market size and forecast 2023-2028 ($ million)
- Chart on Soil - Year-over-year growth 2023-2028 (%)
- Data Table on Soil - Year-over-year growth 2023-2028 (%)
- 7.5 Seed - Market size and forecast 2023-2028
- Chart on Seed - Market size and forecast 2023-2028 ($ million)
- Data Table on Seed - Market size and forecast 2023-2028 ($ million)
- Chart on Seed - Year-over-year growth 2023-2028 (%)
- Data Table on Seed - Year-over-year growth 2023-2028 (%)
- 7.6 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)
8 Market Segmentation by Type
- 8.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
- 8.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
- 8.3 Fruits and vegetables - Market size and forecast 2023-2028
- Chart on Fruits and vegetables - Market size and forecast 2023-2028 ($ million)
- Data Table on Fruits and vegetables - Market size and forecast 2023-2028 ($ million)
- Chart on Fruits and vegetables - Year-over-year growth 2023-2028 (%)
- Data Table on Fruits and vegetables - Year-over-year growth 2023-2028 (%)
- 8.4 Row crops and cereals - Market size and forecast 2023-2028
- Chart on Row crops and cereals - Market size and forecast 2023-2028 ($ million)
- Data Table on Row crops and cereals - Market size and forecast 2023-2028 ($ million)
- Chart on Row crops and cereals - Year-over-year growth 2023-2028 (%)
- Data Table on Row crops and cereals - Year-over-year growth 2023-2028 (%)
- 8.5 Turfs and ornaments - Market size and forecast 2023-2028
- Chart on Turfs and ornaments - Market size and forecast 2023-2028 ($ million)
- Data Table on Turfs and ornaments - Market size and forecast 2023-2028 ($ million)
- Chart on Turfs and ornaments - Year-over-year growth 2023-2028 (%)
- Data Table on Turfs and ornaments - Year-over-year growth 2023-2028 (%)
- 8.6 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
- 8.7 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)
9 Customer Landscape
- 9.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
10 Geographic Landscape
- 10.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
- 10.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 10.3 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 10.4 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 10.5 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
- 10.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
- 10.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 10.8 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 10.9 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
- 10.10 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
- 10.11 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
- 10.12 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ million)
- Data Table on Canada - Market size and forecast 2023-2028 ($ million)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)
- 10.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)
11 Drivers, Challenges, and Opportunity/Restraints
- 11.1 Market drivers
- 11.2 Market challenges
- 11.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 11.4 Market opportunities/restraints
12 Competitive Landscape
- 12.1 Overview
- 12.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 12.3 Landscape disruption
- Overview on factors of disruption
- 12.4 Industry risks
- Impact of key risks on business
13 Competitive Analysis
- 13.1 Companies profiled
- 13.2 Market positioning of companies
- Matrix on companies position and classification
- 13.3 ADAMA Ltd.
- ADAMA Ltd. - Overview
- ADAMA Ltd. - Business segments
- ADAMA Ltd. - Key offerings
- ADAMA Ltd. - Segment focus
- 13.4 Bayer AG
- Bayer AG - Overview
- Bayer AG - Business segments
- Bayer AG - Key news
- Bayer AG - Key offerings
- Bayer AG - Segment focus
- 13.5 Biolchim Spa
- Biolchim Spa - Overview
- Biolchim Spa - Product / Service
- Biolchim Spa - Key offerings
- 13.6 Biostadt India Ltd.
- Biostadt India Ltd. - Overview
- Biostadt India Ltd. - Product / Service
- Biostadt India Ltd. - Key offerings
- 13.7 Biovert SL
- Biovert SL - Overview
- Biovert SL - Product / Service
- Biovert SL - Key offerings
- 13.8 Crop Demetra Ltd.
- Crop Demetra Ltd. - Overview
- Crop Demetra Ltd. - Product / Service
- Crop Demetra Ltd. - Key offerings
- 13.9 FMC Corp.
- FMC Corp. - Overview
- FMC Corp. - Product / Service
- FMC Corp. - Key offerings
- 13.10 Haifa Negev technologies Ltd.
- Haifa Negev technologies Ltd. - Overview
- Haifa Negev technologies Ltd. - Product / Service
- Haifa Negev technologies Ltd. - Key offerings
- 13.11 Idai Nature S.L
- Idai Nature S.L - Overview
- Idai Nature S.L - Product / Service
- Idai Nature S.L - Key offerings
- 13.12 Italpollina Spa
- Italpollina Spa - Overview
- Italpollina Spa - Product / Service
- Italpollina Spa - Key offerings
- 13.13 Koppert
- Koppert - Overview
- Koppert - Product / Service
- Koppert - Key offerings
- 13.14 OMEX
- OMEX - Overview
- OMEX - Product / Service
- OMEX - Key offerings
- 13.15 RAG Stiftung
- RAG Stiftung - Overview
- RAG Stiftung - Product / Service
- RAG Stiftung - Key offerings
- 13.16 SICIT Group Spa
- SICIT Group Spa - Overview
- SICIT Group Spa - Product / Service
- SICIT Group Spa - Key offerings
- 13.17 UPL Ltd.
- UPL Ltd. - Overview
- UPL Ltd. - Business segments
- UPL Ltd. - Key offerings
- UPL Ltd. - Segment focus
14 Appendix
- 14.1 Scope of the report
- 14.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 14.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 14.4 Research methodology
- 14.5 Data procurement
- 14.6 Data validation
- 14.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 14.8 Data synthesis
- Data synthesis
- 360 degree market analysis
- 360 degree market analysis
- 14.10 List of abbreviations