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The global biostimulants market size was valued at USD 4.08 billion in 2024. The market is projected to grow from USD 4.54 billion in 2025 to USD 10.10 billion by 2032, exhibiting a CAGR of 12.09% during the forecast period. North America dominated the biostimulants market with a market share of 38.48% in 2024.
Syngenta, BASF SE, Bayer AG, UPL Limited, and Novozymes are the front-runners in the industry. They are shaping the industry with their marketing strategies, including product innovation, new product developments, base expansion and expanding their geographical reach.
Biostimulants are any microorganisms or substances applied to plants that help enhance crop quality, nutrition efficiency, and abiotic stress tolerance. The increasing adoption of organic farming, growing climatic and environmental concerns, and a global shift toward sustainability are the major drivers fueling the growth of the market.
Burgeoning Demand for Bio-based Agri-Inputs to Aid Market Growth
The growing production of organic food and feed products without the adoption of good fertilizers, combined with the hazardous effects of synthetic fertilizers and pesticides, has raised questions about agriculture's environmental safety and sustainability in the long run. The use of organic and bio-based compounds in agriculture and forestry offers a significant opportunity for farmers to improve root and shoot growth, better growth potential, and stress resistance. According to the Agricultural and Processed Food Products Export Development Authority (APEDA), in 2022-2023, agricultural land under organic production was 2,664,679.54 MT in India. The strong emphasis from governments and other stakeholders on the organic and sustainable mode of farming has increased the acceptance of these plant growth promoters (PGP).
Plant and microbial-derived products enhance plant growth, improve resource use efficiency, and increase tolerance to unfavorable soil and environmental conditions. These products receive higher acceptance from industry stakeholders, including farmers/growers and government bodies. The rising demand for high-value crops and increasing abiotic stress encourage farmers to adopt bio-based agriculture products that can potentially increase crop yields.
Rising Support from Government to Drive Market Growth
Rising agricultural emissions have prompted the government to increase agricultural production of high-quality products that emit little or no pollution. Governments across the globe are launching programs to educate farmers about the various benefits of bio-agri solutions. These governmental efforts are projected to significantly aid market growth in the forthcoming years. Furthermore, several regulatory authorities and councils have been formed to encourage and support a favorable business environment for the industry. The number of associations formed for the regulation of this novel product is increasing globally, which is predicted to be beneficial for the growth of the market. For instance, in March 2023, U.S. Representative Jimmy Panetta and Representative Jim Baird re-introduced the Plant Biostimulant Act in order to create a uniform process for the approval of commercial plant biostimulant use and intensive federal research on the technology's benefits for soil health. Additionally, the Ministry of Agriculture & Farmers Welfare initiated a Paramparagat Krishi Vikas Yojna (PKVY) in 2024. Under the program, the government offers financial assistance of Rs. 31,500 (approximately USD 376.45) per ha for a period of three years to promote organic farming in the country.
Dearth of Proper Regulations & Conventions to Restrain Market Growth
In many emerging economies, a lack of regulations associated with the product's commercialization may hamper the development and growth of the market during the forecast period. The U.S. and Europe are major Western markets for these products, yet in the U.S., each state has its own biological laws, and manufacturers need to get separate approval in all 50 states. Moreover, limited awareness and availability of quality products, lack of trust in new products, and lack of stable regulatory and supporting policy for networks further inhibit the global market growth. The data requirements for the product are usually acquired from those derived from synthetic chemicals in the majority of the markets. Similarly, even though these products have been commercially used for over 60 years, well-established endpoints for risk assessments still exist.
Growing Awareness about Environmental Impact of Synthetic Agricultural Chemicals to Augment Market Growth
The growing awareness of the negative environmental impact caused by synthetic plant protection products and chemical-based fertilizers has been driving the agricultural market growth. Farmers are increasingly seeking eco-friendly and natural options to produce their crops. The inappropriate use of inorganic agricultural inputs, such as synthetic substances, has led to an increased amount of greenhouse gases (GHGs), such as nitrous oxide (N2O), carbon dioxide (CO2), and methane (CH4). However, these products, in contrast to their synthetic counterparts, are eco-friendly and are more specific to the target crop growth and plant pests, propelling their demand in the market.
Novel Raw Material Sources and Technological Innovation to Shape Market
The biostimulants extracted from marine algal seaweed species are often regarded as a promising bioresource and have a huge scope in crop production and promotion systems due to the presence of plant growth-stimulating compounds. There is a wide range of biostimulants being extracted from seaweed, owing to its properties such as early seed germination, establishment of plant, elevated resistance to biotic and abiotic stress, and improved crop performance & yields. Increasing adoption of new raw materials will change the industry landscape in the upcoming years.
Nanotechnology is increasingly touted as an effective platform to develop toxin-free natural agricultural inputs, and this can be efficiently harnessed by biostimulants production methods with increased stability of the active agents, enhanced activity on target pests, and increased adoption by the end-users. High-throughput phenotyping technology is expected to be a useful approach to understand biostimulants' activity and develop credible claims thereupon. Emerging technological adoption is also contributing to the global biostimulants market growth in the upcoming years.
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Owing to its Unique Bioactive Substances, Non-microbial Segment Leads Market
Based on the source, the market is segmented into microbial and non-microbial.
The non-microbial segment is leading the market and is expected to grow significantly, owing to improving crops' biochemical and physiological traits. The segment comprises active compounds, such as humic acids, seaweed extracts, inorganic compounds, and biopolymers. These non-microbial products facilitate plant growth without hampering the environment and human health.
Microbial products in recent years have gained traction from consumers as the availability of high-quality agricultural land is diminishing and is anticipated to continue to register the fastest growth in the future. These plant growth promoters enhance the crop yields that are subjected to low-input conditions and mitigate the climate change impacts on the crops. Microbial-based products comprise free-living fungi or bacteria to form a symbiotic relationship with the crops, thereby enhancing the overall yield and alleviating the impacts of climate change. Key players in the market have been introducing new products in order to meet the rising demand. For instance, in June 2022, BioConsortia, Inc., a company developing microbial solutions, collaborated with The Mosaic Company, a U.S. producer of potash and phosphate fertilizer, to distribute BioConsortia’s new microbial biostimulant in Asia.
Seaweed Extracts Segment Leads Market Owing to Rising Cultivation of Seaweed
Based on active ingredients, the market is classified into seaweed extracts, humic substances, vitamins & amino acids, microbial amendments, and others.
The seaweed extracts lead the market due to the growing cultivation of seaweed globally. Seaweed extracts are gaining prominent recognition in the global agriculture sector for improving plant health and performance. These extracts have been used for a long time, directly or indirectly, to enhance soil fertility and crop productivity. Availability of raw materials at a lower price also attracts manufacturers to develop new products from the seaweed extracts. Thus, the segment held the highest market share in 2024.
Growers have widely used humic substances, including humic and fulvic acids, to produce various crops. The segment is expected to grow steadily during the forecast period. These products are highly capable of inducing significant changes in root morphology. Moreover, these products also aid in modifying plant membrane activities of nutrient acquisition and uptake.
Microbial inoculant use has been prominent in the past two decades, owing to the rising research and development focus of private and public agriculture sectors for overcoming problems linked with modern agricultural practices. These microbial amendments comprise free-living fungi, bacteria, and mycorrhizal fungi isolated from various environmental sources such as soil, plant residues, water, composted manures, and plants. Further, the researchers are working toward developing microbial products resistant to environmental variables, such as temperature, which opens growth prospects for the segment in the future. Hence, the segment is expected to register the fastest growth in the future among other active ingredients.
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Foliar Treatment Segment Holds a Major Share Due to its High Effectiveness
Based on application, the market is categorized into foliar application, soil treatment, and seed treatment.
The foliar application segment accounted for the major share due to its high effectiveness in improving plant health. Numerous studies and research have proven the benefits of foliar application. Despite being subjected to stressful conditions, they helped improve crop yields, such as maize, cowpeas, and onions. According to a study by Ali et al., 2019, the foliar application of alpha-tocopherol increased drought tolerance in wheat by improving its antioxidant defense mechanism, photosynthetic efficiency, water uptake, use, and photosynthetic pigment contents.
The seed treatment application is becoming popular among growers as seed enhancement techniques improve seed germination and seedling growth even when exposed to environmental stress. Various field trials have shown the benefits of using these products on seeds, leading to faster growth in the future. The soil-treated products are expected to escalate the diversity in soil microbial populations and support plant growth in all stages.
Row Crops Segment to Emerge as Dominant Due to High Demand for High-Value Crops
Based on crop, the market is segmented into row crops, fruits & vegetables, turf & ornamentals, and others.
The row crops segment is further segmented into cereals, oilseeds, fiber crops, and pulses. The segment held the highest market share in 2024. This is attributed to the large cultivation area and application trend. These crop sources represent the most important crop group cultivated globally, including soybean, sunflower, and cotton.
The fruit & vegetable segment is anticipated to have the highest CAGR during the forecast period. The rise in organic farming will also contribute to the market growth by boosting the product's utilization in horticulture farming to induce resistance to pests and improve growth. Furthermore, there has been a rise in the demand for high-value crops and the adoption of greenhouse vegetable production. Thus, applying them to horticulture crop types offers an innovative, environment-friendly approach to attaining sustainable crop production.
Wide Availability of Product to promote Plant’s Growth to drive Promotion Segments' Growth.
Based on function, the market is categorized into growth promotion, abiotic stress tolerance, nutrient uptake enhancement, seed germination enhancement, and soil fertility enhancement.
The growth promotion segment held the highest market share in 2024. The growth promotion-related biostimulants are widely available in the market and gaining popularity in the agricultural industries. Owing to the product's ability to enhance plant growth, improve nutrient uptake, and increase stress tolerance, factors will positively impact to boost crop yields and quality without relying heavily on synthetic fertilizers and pesticides. Therefore, the demand for the products in the upcoming years.
The abiotic stress tolerance segment is anticipated to grow at the highest CAGR rate in the upcoming years. Abiotic stress-related biostimulants are becoming popular in the industry because they enhance plant resilience to environmental challenges such as drought, extreme temperatures, and salinity, ultimately improving crop yields and promoting sustainable agriculture. Thus, companies are developing new products to meet the rising demand from the industry. Therefore, the segment is anticipated to expand with the highest market growth rate during the forecast period.
Larger Land Cultivating through Traditional Method to Drive Conventional Farmers Segment Growth
Based on the end-use, the market is categorized into conventional farmers, organic farmers, greenhouse growers, and home gardeners.
The conventional farmers segment held the highest market share in 2024. Globally, a larger number of farmers practice conventional or traditional agriculture practices. Along with biostimulants, farmers prefer to utilize conventional stimulators to get a better result in yield. Therefore, the demand for the product from the conventional farming segment will augment the industry growth in the forecast period.
Organic farming is gaining traction among farmers as most consumers prefer organic, natural, and chemical-free food products. In the organic farming method, cultivators primarily utilize bio-friendly agro-chemicals such as biopesticides, biofertilizers, and biostimulants. Increasing organic cultivation agricultural land is another primary factor to drive the product demand from the segment. According to the Research Institute of Organic Agriculture FiBL, the organic agriculture land in the world reached nearly 99 million hectares in 2024, an increase from 96 million hectares in 2023. It will drive the segment’s growth.
To provide regional insights, the global market report covers analysis across North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
Europe Biostimulants Market Size, 2024 (USD Billion) To get more information on the regional analysis of this market, Download Free sample
Europe in 2024 held the largest biostimulants market share and stood at USD 1.57 billion. The region is leading the market, with countries including Italy, Spain, Germany, and France acting as major consumers of biological products. The formation of several organizations, such as the European Biostimulants Industry Council and ACI’s Biostimulants Association, has further improved the overall market growth in the region. The market in Europe is expanding considerably owing to the government's increased emphasis on adopting sustainable farming substances, tools, and methods, along with several product-promoting councils in the region. The regulatory framework for agriculture in the European Union is increasingly becoming receptive to environmental concerns, nudging the development of novel products that are eco-friendly and sustainable and allow the plant to make the most of its resources. For instance, in July 2023, Bionema Group Ltd, one of the leading biocontrol technology developers and manufacturers, launched a new range of biostimulant products in the U.K. market. The company has been launching products under seven brand names, including O-Stimula, Grostimula ATCA, Grostimula EW, Plantgro, RootVita SP, Groprim, and Floretocare.
Increased investments in the R&D of agricultural biologicals drive the North America market growth. The region accounts for the second largest market and is expected to continue to grow steadily in the future. The product has emerged as an ideal input for complementing conventional chemical treatments to help enhance plant growth and vigor. These are increasingly witnessed as an integrated part of a holistic approach to help maximize yields. Recent advancements in technology and science are one of the major factors driving the course and evolution of agriculture research, thereby influencing the uptake of these bioproducts in promoting stress tolerance and growth in various ranges of crops and plants. Key players have also been setting up new operating facilities in order to meet the rising demand in the region.
The U.S. holds the majority of the market share in the North America biostimulants market, mainly due to its rising usage in promoting organic and sustainable farming techniques. The U.S. is one of the major markets for organic farming, along with consumers' growing demand for organically produced goods, thus providing incentives for U.S. farmers across a wide range of products. In October 2023, the USDA announced funding of approximately USD 1.3 billion investment in a Regional Agricultural Promotion Program (RAPP) to strengthen organic farming, production and marketing opportunities in the domestic market and international markets such as Asia and Africa. Such funding will promote organic cultivation, thereby, driving the product’s demand growth in the upcoming years.
The market in the Asia Pacific is projected to witness significant growth in the forthcoming years. This is attributable to the increasing adoption of sustainable agriculture practices, growing awareness of the detrimental environmental impact caused by chemical fertilizers, and the ever-rising population in major Asian countries, such as India and China. A rise in the adoption of quality agriculture products by Asian producers is also expected to contribute to the market's growth. The perpetually growing population across several Asian economies has increased the need for higher food production. Furthermore, the intensifying focus of Asian governments on food security and sustainability in food production is bringing growth opportunities for these biologicals in the region.
The growing organic agriculture sector across South American economies, such as Brazil and Argentina, is projected to contribute to rising demand for the product across the region. Moreover, the government of South America has been promoting practices that contribute to the reduction of social and environmental concerns through sustainable agriculture techniques and favoring the use of these products.
The agriculture sector is still at its budding stage; despite the fact that the Middle East is the most water-scarce and dry region in the world, the region is still investing in the production of some of the major agricultural products, such as date palm, wheat, barley, and sorghum, to meet the demands of the consumers. However, over the last decade, the development as well as the use of new technologies have helped to identify the longstanding agricultural problems in the region.
Product Launches by Major Companies to Attain Highest Market Position Boosts Market Growth
With several global key players capturing a significant share, the market is moderately consolidated in nature. Syngenta, BASF SE, Bayer AG, UPL Limited, and Novozymes are some of the major players in the market.
Market players have realized the product's future growth potential. They are continuously trying to innovate and launch products in the market in order to meet the farmers' demand for solutions to increase crop resilience and nutrient use efficiency. For instance, in November 2023, Yara International ASA, announced the launch of YaraAmplix, a new brand of products. The new portfolio contains natural ingredients, such as seaweed and plant extracts, which deliver targeted effects, such as improved nutrient use efficiency, crop yield, and enhanced tolerance to abiotic stress and quality.
Many other large and small market players are embarking on strategies, such as merger and acquisition, research & development, collaboration with the government, and others to establish their prominence in the market.
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Rank |
Company Name |
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1 |
Syngenta |
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2 |
BASF SE |
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3 |
Bayer AG |
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4 |
UPL Limited |
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5 |
Novozymes |
Syngenta, BASF SE, Bayer AG, UPL Limited, and Novozymes are the leading companies in the market. The global market is moderately fragmented, with the top 5 players accounting for a limited portion of the global market share.
The global biostimulants market report analyzes in-depth market research and highlights crucial aspects such as global market trends, market dynamics, prominent companies, and applications. Besides this, the market statistics report also provides insights into the market trends and highlights significant industry developments.
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ATTRIBUTE |
DETAILS |
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Study Period |
2019-2032 |
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Base Year |
2024 |
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Estimated Year |
2025 |
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Forecast Period |
2025-2032 |
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Historical Period |
2019-2023 |
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Growth Rate |
CAGR of 12.09% from 2025 to 2032 |
|
Unit |
Value (USD Billion) |
|
Segmentation |
By Source · Microbial Biostimulants
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By Active Ingredients
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By Application
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By Crop
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|
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By Function
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|
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By End-Use
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By Region North America (By Source, Active Ingredients, Application, Crop, Function, End-Use, and by Country) · U.S. (By Source, Active Ingredients, Application, Crop, Function, and End-Use) · Canada (By Source, Active Ingredients, Application, Crop, Function, and End-Use) · Mexico (By Source, Active Ingredients, Application, Crop, Function, and End-Use) Europe (By Source, Active Ingredients, Application, Crop, Function, End-Use, and by Country) · Spain (By Source, Active Ingredients, Application, Crop, Function, and End-Use) · Italy (By Source, Active Ingredients, Application, Crop, Function, and End-Use) · France (By Source, Active Ingredients, Application, Crop, Function, and End-Use) · Germany (By Source, Active Ingredients, Application, Crop, Function, and End-Use) · U.K. (By Source, Active Ingredients, Application, Crop, Function, and End-Use) · Romania (By Source, Active Ingredients, Application, Crop, Function, and End-Use) · Ukraine (By Source, Active Ingredients, Application, Crop, Function, and End-Use) · Rest of Europe (By Source, Active Ingredients, Application, Crop, Function, and End-Use) Asia Pacific (By Source, Active Ingredients, Application, Crop, Function, End-Use, and by Country) · China (By Source, Active Ingredients, Application, Crop, Function, and End-Use) · India (By Source, Active Ingredients, Application, Crop, Function, and End-Use) · Japan (By Source, Active Ingredients, Application, Crop, Function, and End-Use) · Malaysia (By Source, Active Ingredients, Application, Crop, Function, and End-Use) · Australia (By Source, Active Ingredients, Application, Crop, Function, and End-Use) · Rest of Asia Pacific (By Source, Active Ingredients, Application, Crop, Function, and End-Use) South America (By Source, Active Ingredients, Application, Crop, Function, End-Use, and by Country) · Brazil (By Source, Active Ingredients, Application, Crop, Function, and End-Use) · Argentina (By Source, Active Ingredients, Application, Crop, Function, and End-Use) · Rest of South America (By Source, Active Ingredients, Application, Crop, Function, and End-Use) Middle East and Africa (Source, Active Ingredients, Application, Crop, Function, End-Use, and by Country) · Israel (By Source, Active Ingredients, Application, Crop, Function, and End-Use) · South Africa (By Source, Active Ingredients, Application, Crop, Function, and End-Use) · Rest of the Middle East & Africa (By Source, Active Ingredients, Application, Crop, Function, and End-Use) |
Fortune Business Insights says that the worldwide market was USD 4.08 billion in 2024.
At a CAGR of 12.09%, the global market will exhibit steady growth over the forecast period.
By source, the non-microbial biostimulants-derived segment leads the market.
Europe holds the largest market share in 2024.
Burgeoning demand for bio-based agri-inputs to aid market growth
Syngenta, BASF SE, Bayer AG, UPL Limited, and Novozymes are a few market leaders.
Novel raw material sources and technological innovation to shape the market.
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