Biostimulants Market Analysis, Scope, Future Trends and Opportunities During 2018-2024

According to a recent report published by Fast.MR, titled,  Biostimulants Market 2018: Market Value, Trends, Opportunity, forecast 2018-2024, “the global Pharmaceutical Intermediates market accounted for USD XX Million in 2018 and is estimated to reach USD XX Million by 2024. Moreover, it is anticipated to flourish at a CAGR of XX% during the forecast period i.e. 2018-2024.

Biostimulants are a microorganism when applied to seeds, plants, or the rhizosphere, foster plant development in many demonstrated ways throughout the crop lifecycle, from seed germination to plant maturity. Biostimulants also enhance the plant’s ability to absorb nutrients so it can develop properly. The global Biostimulants market reached a market valuation of USD 322.7 Billion in 2018 and is estimated to grow at a CAGR of 15.0% during the forecast period, i.e., 2019-2024.

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Market Insights

Growth Drivers – Biostimulants Market

Growing Need to Maximize Crop Yield

The agriculture sector is beginning to avoid usage of chemical pesticides in agriculture as they have realized the effects of chemicals on soil fertility and water quality. Owing to overconsumption of chemical fertilizers, the condition of soil has been deteriorating worldwide, lowering crop yields, crop quality, and exacerbating harvest uncertainty. Farmers across the globe are realizing the potential of Biostimulants and are increasingly welcoming Biostimulants in agriculture. In order to maximize profit, farmers are using Biostimulants to increase yield in terms of weight, seed, and fruit set.
Rising Food Scarcity

According to United Nation report, the current world population of 7.6 billion is expected to reach 8.6 billion in 2030, 9.8 billion in 2050, and 11.2 billion in 2100. With a rising population, the chances for food scarcity is also rising and to tackle this threat; governments are encouraging usage of environment-friendly fertilizers and plant nutrition. Governments are offering subsidies to farmers for using biofertilizers, which in turn bolstering the growth of global Biostimulants market. The rising popularity of modern agriculture techniques such as hydroponics, aquaponics, vertical farming, and other controlled environment agriculture methods is encouraging the growth of global Biostimulants market.

Barriers – Biostimulants Market

Weak law infrastructure to ensure the usage of eco-friendly and presence of alternatives such as chemical pesticides are several significant challenges confronting the growth of global Biostimulants market.

Market Trends – Biostimulants Market

Product Innovation

Manufacturers are spending significant capital on advancements of their stimulants. Use of Biostimulants is the fastest growing area in crop protection, and manufacturers are continually advancing their Biostimulants to capture maximum demand opportunity in the market. For instance, a Canadian company ASL developed seaweed-based Biostimulants to help farmers raise their agricultural output in India.

Segmentation Analysis

The Biostimulants market is segmented in different categories including by type, by crop type, and by application. The market is segmented by type into acid-based biostimulants, seaweed and plant extracts, microbial biostimulants and others. Among this segment, the acid-based biostimulants segment is expected to capture significant shares of the market in 2018. Global acid-based biostimulants segment was totaled at USD XXX.X billion in 2018 and is projected to reach USD XXX.X billion in 2024 at a CAGR of XX.X% from 2019 to 2024. Moreover, based on the application, the Biostimulants market is further sub-segmented into foliar, soil, and seed. Among which seed segment is about to register a remarkable growth rate in upcoming years. The report is further breakdown into one more section including by crop type into food crops, cash crops, plantation crops, and horticulture crops.

Geographical Analysis

Regionally, the report offers an analysis of North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. When it comes to Biostimulants market, Asia Pacific is the leader in Biostimulants market. The Asia Pacific region has acquired significant market shares and is poised to continue its dominance in the coming years. Government support and huge agriculture sector have fueled the market growth in this region.

Competitive Analysis

The report also covers detailed competitive analysis of major market players of the global Biostimulants market, such as AXEB BIOTECH SL, Sonar Agro, Lida Plant Research S.L., Sherriff Grass Care, Haifa Group, Hi-Tech Ag Solutions, Acadian Seaplants Ltd., Bioiberica S.A.U., OMEX, Kelpak and other major & notable players. Competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as financial information, revenue breakup by business segment and by geography, SWOT Analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (acquisition, expansion, technology development, research & development and other market activities).

Segmentation

By Type
- Acid-based Biostimulants
- Seaweed and Plant Extracts
- Microbial Biostimulants
- Others

By Crop Type
- Food Crops
- Cash Crops
- Plantation Crops
- Horticulture Crops

By Application
- Foliar
- Soil
- Seed

By Geography
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

Competitive Landscape
The report profiles various major market players such as
• AXEB BIOTECH SL
• Sonar Agro
• Lida Plant Research S.L.
• Sherriff Grass Care
• Haifa Group
• Hi Tech Ag Solutions
• Acadian Seaplants Ltd.
• Bioiberica S.A.U.
• OMEX
• Kelpak
• Other Major & Niche Players

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Table of Content:

Research Methodology
Market Definition and List of Abbreviations
1. Executive Summary

2. Growth Drivers & Issues in Global Biostimulants Market
2.1. North America
2.2. Europe
2.3. Asia Pacific
2.4. Europe
2.5. Middle East & Africa

3. Global Biostimulants Market Trends
4. Opportunities in Global Biostimulants Market
5. Recent Industry Activities, 2018
6. Porter's Five Forces Analysis
7. Macro-Economic Trends
8. PEST Analysis
9. Market Value Chain and Supply Chain Analysis

10. Global Biostimulants Market Value (USD Million), 2018-2024

11. Global Biostimulants Market Segmentation Analysis, By Type
11.1. Introduction
11.2. Market Attractiveness, By Type
11.3. BPS Analysis, By Type
11.4. Acid-based Biostimulants Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
11.5. Seaweed and Plant Extracts Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
11.6. Microbial Biostimulants Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
11.7. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

12. Global Biostimulants Market Segmentation Analysis, By Crop Type
12.1. Introduction
12.2. Market Attractiveness, By Crop Type
12.3. BPS Analysis, By Crop Type
12.4. Food Crops Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
12.5. Cash Crops Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
12.6. Plantation Crops Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
12.7. Horticulture Crops Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

13. Global Biostimulants Market Segmentation Analysis, By Application
13.1. Introduction
13.2. Market Attractiveness, By Application
13.3. BPS Analysis, By Application
13.4. Foliar Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
13.5. Soil Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
13.6. Seed Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

14. Geographical Analysis
14.1. Introduction
14.2. North America Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.1. By Type
14.2.1.1. Introduction
14.2.1.2. Market Attractiveness, By Type
14.2.1.3. BPS Analysis, By Type
14.2.1.4. Acid-based Biostimulants Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.1.5. Seaweed and Plant Extracts Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.1.6. Microbial Biostimulants Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.1.7. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.2. By Crop Type
14.2.2.1. Introduction
14.2.2.2. Market Attractiveness, By Crop Type
14.2.2.3. BPS Analysis, By Crop Type
14.2.2.4. Food Crops Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.2.5. Cash Crops Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.2.6. Plantation Crops Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.2.7. Horticulture Crops Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

14.2.3. By Application
14.2.3.1. Introduction
14.2.3.2. Market Attractiveness, By Application
14.2.3.3. BPS Analysis, By Application
14.2.3.4. Foliar Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.3.5. Soil Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.3.6. Seed Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

14.2.4. By Country
14.2.4.1. Market Attractiveness, By Country
14.2.4.2. BPS Analysis, By Country
14.2.4.3. U.S. Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.2.4.4. Canada Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

14.3. Europe Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.1. By Type
14.3.1.1. Introduction
14.3.1.2. Market Attractiveness, By Type
14.3.1.3. BPS Analysis, By Type
14.3.1.4. Acid-based Biostimulants Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.1.5. Seaweed and Plant Extracts Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.1.6. Microbial Biostimulants Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.1.7. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

14.3.2. By Crop Type
14.3.2.1. Introduction
14.3.2.2. Market Attractiveness, By Crop Type
14.3.2.3. BPS Analysis, By Crop Type
14.3.2.4. Food Crops Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.2.5. Cash Crops Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.2.6. Plantation Crops Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.2.7. Horticulture Crops Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

14.3.3. By Application
14.3.3.1. Introduction
14.3.3.2. Market Attractiveness, By Application
14.3.3.3. BPS Analysis, By Application
14.3.3.4. Foliar Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.3.5. Soil Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.3.6. Seed Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

14.3.4. By Country
14.3.4.1. Market Attractiveness, By Country
14.3.4.2. BPS Analysis, By Country
14.3.4.3. Germany Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.4.4. United Kingdom Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.4.5. France Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.4.6. Italy Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.4.7. Spain Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.4.8. Russia Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.3.4.9. Rest of Europe Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

14.4. Asia Pacific Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

14.4.1. By Type
14.4.1.1. Introduction
14.4.1.2. Market Attractiveness, By Type
14.4.1.3. BPS Analysis, By Type
14.4.1.4. Acid-based Biostimulants Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.1.5. Seaweed and Plant Extracts Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.1.6. Microbial Biostimulants Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.1.7. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

14.4.2. By Crop Type
14.4.2.1. Introduction
14.4.2.2. Market Attractiveness, By Crop Type
14.4.2.3. BPS Analysis, By Crop Type
14.4.2.4. Food Crops Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.2.5. Cash Crops Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.2.6. Plantation Crops Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.2.7. Horticulture Crops Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

14.4.3. By Application
14.4.3.1. Introduction
14.4.3.2. Market Attractiveness, By Application
14.4.3.3. BPS Analysis, By Application
14.4.3.4. Foliar Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.3.5. Soil Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.3.6. Seed Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

14.4.4. By Country
14.4.4.1. Market Attractiveness, By Country
14.4.4.2. BPS Analysis, By Country
14.4.4.3. China Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.4.4. India Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.4.5. Japan Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.4.6. South Korea Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.4.7. Indonesia Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.4.8. Taiwan Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.4.9. Australia Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.4.10. New Zealand Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.4.4.11. Rest of Asia Pacific Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

14.5. Latin America Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

14.5.1. By Type
14.5.1.1. Introduction
14.5.1.2. Market Attractiveness, By Type
14.5.1.3. BPS Analysis, By Type
14.5.1.4. Acid-based Biostimulants Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.1.5. Seaweed and Plant Extracts Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.1.6. Microbial Biostimulants Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.1.7. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

14.5.2. By Crop Type
14.5.2.1. Introduction
14.5.2.2. Market Attractiveness, By Crop Type
14.5.2.3. BPS Analysis, By Crop Type
14.5.2.4. Food Crops Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.2.5. Cash Crops Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.2.6. Plantation Crops Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.2.7. Horticulture Crops Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

14.5.3. By Application
14.5.3.1. Introduction
14.5.3.2. Market Attractiveness, By Application
14.5.3.3. BPS Analysis, By Application
14.5.3.4. Foliar Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.3.5. Soil Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.3.6. Seed Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

14.5.4. By Country
14.5.4.1. Market Attractiveness, By Country
14.5.4.2. BPS Analysis, By Country
14.5.4.3. Brazil Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.4.4. Mexico Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024
14.5.4.5. Rest of Latin America Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

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