Biostimulants Market Growth Opportunities, Segmentation, Global Trends, Industry Analysis Forecast to 2026 | Fortune Business Insights

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Global Biostimulants Market Expected to Reach US$ 5.68 Bn by 2026. Fortune Business Insights analyzed market status, growth, trends and Rising Demand for Sustainable Solutions in Farming to Propel Growth

Market Overview:

The Global Biostimulants Market is likely to gain impetus from a rise in the demand for high-value crops. According to a report published by Fortune Business Insights, titled, “Biostimulants: Global Market Analysis, Insights and Forecast, 2019-2026,” the global market is projected to reach US$ 5.68 Bn by the end of 2026. It will exhibit a CAGR of 12.4% during the forecast period (2019-2026). The global market was valued at US$ 2.24 Bn in 2018.

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The Global Biostimulants Market is likely to expand in the coming years due to product innovations in the market. According to a report by Fortune Business Insights, titled “Biostimulants Market Size, Share and Global Trend By Type (Humic and Fulvic Acid, Seaweed Extracts, Microbial Amendments, Trace Minerals, Vitamins and Amino Acids), Application Method (Soil Treatment, Foliar Spray, Seed Treatment), Formulation (Powder/Dry, Liquid), Crop Type (Cereals, Oilseeds, Fruits and Vegetables, Turf and Ornamentals) and Geography Forecast till 2026,” the market is likely to gain traction in the coming years due to the increasing demand for environment friendly and organic products in farming.

Some of the Main Key Players Covered in the Biostimulants Market Report

  • Syngenta
  • BASF
  • BioAg Pty Ltd
  • Monsanto Company
  • Arysta Lifescience
  • Koppert Biological Systems
  • Valagro Pacific
  • Isagro

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Regional Overview:

Increasing Launch of Awareness Programs to Promote the Adoption of Sustainable Farming Products and Practices to Favor Growth in Europe

The global biostimulants market is geographically divided into the Middle East and Africa, Europe, Asia Pacific, Latin America, and North America. Amongst these regions, Europe and North America have acquired the largest global biostimulants market share generating approximately 50% revenue altogether.

The biostimulants market in Europe is anticipated to grow rapidly during the forecast period owing to the rising number of governmental awareness programs that are encouraging the populace in adopting sustainable farming methods, tools, and substances. Several biostimulant promoting councils are also present in this region. One of them is the European Biostimulant Industry Council (EBIC), which is considered to be the most prominent when it comes to promoting the usage of biostimulants among the European farmers.

North America, on the other hand, is already witnessing notable growth and Fortune Business Insights predicts that the region will exhibit a high CAGR in the coming years. This growth is attributed to the increasing demand for organic products and the presence of U.S. fertilizer regulations that must be strictly followed.

Latest Trends:

‘YieldOn’ by Valagro, Among The Several Product Launches Favoring Market Growth

The Global Biostimulants Market is witnessing opportunities for growth from recent trends in products innovations. Many big-name companies are focusing on research and development of biostimulant ingredients to launch their own patented products. The ‘YieldOn’ by Valagro was among the many new products that have been introduced in the market in recent times.

In 2017, Valagro made ‘YieldOn’ available to the commercial market, stating that the product was a response to the huge demand for ‘sustainable crop productivity’ from end users around the world. The exceptional properties of YieldOn will lead to a rising uptake, which in turn is likely to favor the growth of the global biostimulants market in the forthcoming years.

Table of Content from biostimulants market:

1. Introduction of biostimulants market

1.1. Research Scope

1.2. Market Segmentation

1.3. Research Methodology

1.4. Definitions and Assumptions

2. Executive Summary

3. Market Dynamics

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities

4. Key Insights

4.1. Overview of the Parent/Related Markets

4.1.1. Agricultural Biologicals

4.1.2. Seaweed Production and Agriculture Uses

4.2. Biostimulants Industry SWOT Analysis

4.3. Supply Chain Analysis

4.4. Recent Industry Developments - Policies, Partnerships, New Product Launches, and Mergers and Acquisitions

5. Global Biostimulants Market Analysis, Insights and Forecast, 2015-2026

5.1. Key Findings / Summary

5.2. Market Analysis, Insights and Forecast By Source

5.2.1. Microbial-based Biostimulants

5.2.2. Non-microbial Biostimulants

5.3. Market Analysis, Insights and Forecast By Active Ingredients

5.3.1. Seaweed Extracts

5.3.2. Humic Substances

5.3.3. Vitamins and Amino Acids

5.3.4. Microbial Amendments

5.3.5. Others

5.4. Market Analysis, Insights and Forecast By Application

5.4.1. Foliar Treatment

5.4.2. Soil Treatment

5.4.3. Seed Treatment

5.5. Market Analysis, Insights and Forecast By Crop

5.5.1. Row Crops

5.5.2. Fruits and Vegetables

5.5.3. Turf and Ornamentals

5.5.4. Others

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