1 / 6

Biostimulants Market, Global Industry Size Forecast [Latest]

The biostimulants market is estimated at USD 4.3 billion in 2024 and is projected to reach USD 7.6 billion by 2029, at a CAGR of 12.0% from 2024 to 2029

edward72
Télécharger la présentation

Biostimulants Market, Global Industry Size Forecast [Latest]

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Unveiling the Power of Biostimulants: Enhancing Agricultural Productivity and Sustainability Theglobal biostimulants marketisprojectedtoreachUSD7.6billionby2029fromUSD4.3billionby2024,ataCAGRof12.0%duringtheforecastperiodintermsofvalue.Biostimulantsaresubstancesormicroorganismsappliedtoplantsorthesoiltoenhanceplantgrowth,health,andstresstolerance.Unlikefertilizers,whichprovideessentialnutrientstoplants,biostimulantsworkbypromotingphysiologicalprocessesinplants,suchasnutrientuptake,hormoneregulation,andstressresponsemechanisms.Theycanbederivedfromvarioussources,includingseaweedextracts,humicacids,beneficialmicroorganismslikebacteriaandfungi,andplant extracts. Biostimulantsareusedinagriculturetoimprovecropyield,quality,andresiliencetoenvironmentalstressessuchasdrought,salinity,anddisease.Theycanalsocontributetosustainablefarmingpracticesbyreducingtheneedforsyntheticfertilizersandpesticides.Additionally,biostimulantsmayenhancesoilfertilityandmicrobialactivity,leadingtohealthierecosystemsinagriculturallandscapes. BiostimulantsMarketGrowthDrivers Herearesomeofthebiostimulants market growth driversare-

  2. IncreasingDemandforOrganicProducts:Withgrowingawarenessaboutenvironmentalsustainabilityandhealthconcerns,consumersareincreasinglyseekingorganicproducts.Biostimulantsareseenasasustainableandeco-friendlysolutiontoenhancecropyieldswithoutrelyingheavilyonchemicalinputs.IncreasingDemandforOrganicProducts:Withgrowingawarenessaboutenvironmentalsustainabilityandhealthconcerns,consumersareincreasinglyseekingorganicproducts.Biostimulantsareseenasasustainableandeco-friendlysolutiontoenhancecropyieldswithoutrelyingheavilyonchemicalinputs. • NeedforSustainableAgriculture:Traditionalagriculturalpracticesoftenleadtosoildegradation,waterpollution,andthelossofbiodiversity.Biostimulantsofferasustainableapproachbypromotingplantgrowth,improvingnutrientuptake,andenhancingstresstolerance,therebyreducingtherelianceonsyntheticfertilizersandpesticides. • GovernmentSupportandRegulations:Manygovernmentsworldwideareimplementingpoliciesandregulationstopromotesustainableagricultureand • reducechemicalusage.Incentives,subsidies,andregulatoryframeworkssupportingtheuseofbiostimulantshavespurredmarketgrowth. • TechnologicalAdvancements:Ongoingresearchanddevelopmenteffortshaveledtothedevelopmentofinnovativebiostimulantproductswithimprovedefficacyandtargetedfunctionalities.Advancementsinbiotechnology,nanotechnology,andformulationtechniquesaredrivingmarketexpansion. • ClimateChangeChallenges:Climatechange-inducedstressessuchasdrought,extremetemperatures,andsoildegradationposesignificantchallengestoglobalagriculture.Biostimulantshelpplantscopewiththesestressesbyimprovingtheirresilienceandadaptability,therebyfosteringtheiradoptionamongfarmers. • IncreasingCropProductivityandQuality:Biostimulantshavebeenshowntoenhancecropproductivity,quality,andyieldconsistency.Astheworldpopulationgrows,thereisarisingneedtoincreaseagriculturaloutputsustainablytomeetfooddemand,drivingtheadoptionofbiostimulants. • ExpansionofPrecisionAgriculture:Theadoptionofprecisionagriculturetechnologies,includingdrones,sensors,anddataanalytics,isfacilitatingthetargetedapplicationofbiostimulants.Thisoptimizeduseenhancestheireffectivenessandreduceswastage,contributingtomarketgrowth. • Biostimulants Market Opportunities:Increaseadoptionofprecisionagriculture. • Oneopportunityinthebiostimulantsmarketistheincreasingadoptionofprecisionagriculturetechnologies.Precisionagricultureutilizesdata-drivenapproachessuchasremotesensing,GPSguidancesystems,anddataanalyticstooptimizecropmanagementpracticesandresourceuseefficiency.Biostimulantscancomplementprecisionagriculturetechniquesbyprovidingtargetedsolutionstospecificagronomicchallengesidentifiedthroughprecisionfarmingdataanalysis. • Europetodominatethebiostimumlantsmarketduringtheforecastperiod.

  3. Europeanfarmersandpolicymakersincreasinglyprioritizesustainableagriculturalpracticestoaddressenvironmentalconcerns,reducechemicalinputs,andenhancefoodsecurity.Biostimulantsalignwellwiththesegoalsastheyoffersolutionstoimprovesoilhealth,cropresilience,andyieldsustainability.Europeanconsumersareincreasinglydemandingenvironmentallyfriendlyandsustainablyproducedfoodproducts.Thisconsumertrendtranslatesintoagrowingmarketdemandforbiostimulant-treatedcrops,promptingfarmerstointegratebiostimulantsintotheiragriculturalpractices.Europeanfarmersandpolicymakersincreasinglyprioritizesustainableagriculturalpracticestoaddressenvironmentalconcerns,reducechemicalinputs,andenhancefoodsecurity.Biostimulantsalignwellwiththesegoalsastheyoffersolutionstoimprovesoilhealth,cropresilience,andyieldsustainability.Europeanconsumersareincreasinglydemandingenvironmentallyfriendlyandsustainablyproducedfoodproducts.Thisconsumertrendtranslatesintoagrowingmarketdemandforbiostimulant-treatedcrops,promptingfarmerstointegratebiostimulantsintotheiragriculturalpractices. Top Biostimulants Companies Keyplayerswithinthismarketconsistofreputableandfinanciallyrobustbiostimulantsmanufacturers.Theseentitiesboastextensiveindustrytenure,offeringdiversifiedproductportfolios,advancedtechnologies,androbustglobalsalesandmarketingnetworks.ProminentcompaniesinthismarketincludeBASFSE(Germany),UPL(India),FMCCorporation(US),RalliesIndiaLimited(India),SumitomoChemicalCo.,Ltd.(Japan),Corteva.(US),Nufarm(Australia),SyngentaCropProtectionAG(Switzerland),PIIndustries(India),ILSAS.p.A.(Italy),CoromandelInternationalLimited(India),HaifaGroup(Isarel),T.StanesandCompanyLimited(India),GowanCompany(US),andKoppert(TheNetherlands).

  4. Corteva(US):Cortevaisasignificantplayerintheagriculturalindustry,offeringarangeofproductsincludingbiostimulants.Theyfocusonprovidinginnovativesolutionstoenhancecropproductivityandsustainability.Theirmarketshareinbiostimulantsmayvarydependingontheirproductofferings,distributionnetworks,andregionalpresence.Corteva(US):Cortevaisasignificantplayerintheagriculturalindustry,offeringarangeofproductsincludingbiostimulants.Theyfocusonprovidinginnovativesolutionstoenhancecropproductivityandsustainability.Theirmarketshareinbiostimulantsmayvarydependingontheirproductofferings,distributionnetworks,andregionalpresence. • Nufarm(Australia):Nufarmisaglobalagriculturalchemicalcompanythatproducesawiderangeofcrop protectionproducts,includingbiostimulants.TheyareknownfortheirstrongpresenceinAustraliaandhavebeenexpandingtheirmarketinternationally.Nufarm'smarketshareinbiostimulantsmaybeinfluencedbytheirdiverseproductportfolioandmarketpenetrationefforts. • SyngentaCropProtectionAG(Switzerland):Syngentaisaleadingglobalagribusinesscompanyknownforitscropprotectionproducts,seeds,andbiotechnologytraits.Theyhaveasignificantpresenceinthebiostimulantsmarket,offeringproductsaimedatenhancingplantgrowth,yield,andstresstolerance.Syngenta'sstrongresearchanddevelopmentcapabilitiescontributetotheircompetitivepositioninthebiostimulantsindustry. • GowanCompany(US):GowanCompanyisafamily-ownedagriculturalsolutionsproviderbasedintheUnitedStates.Whiletheymaynothavethesamescaleassomelargercompetitors,theyhavecarvedoutanicheinthemarketwiththeirfocusondevelopingandmarketingcropprotectionandenhancementproducts,includingbiostimulants.Theirmarketsharemaybemorelocalizedorspecifictocertaincropsorregions. • Koppert(TheNetherlands):Koppertisagloballeaderinbiologicalcropcontrol,specializinginbiologicalcropprotectionandnaturalpollinationsolutions.Theyofferarangeofbiostimulantproductsaimedatimprovingplanthealth,nutrientuptake,andresiliencetoenvironmentalstress.Koppert'sexpertiseinbiologicalsolutionsgivesthemauniquepositioninthebiostimulantsmarket,particularlyamonggrowersseekingsustainableandenvironmentallyfriendlyoptions. • Biostimulants Industry News: • InMarch2023,SumitomoChemicalIndiaLtd.(India)introducedPromalin,itshighlyanticipatedBiorationalproduct,inShimla,HimachalPradesh.DevelopedthroughextensiveresearchbyValentBiosciences,basedinIllinois,USA,asubsidiaryofSumitomoChemicalCo.,Ltd.(Japan).PromalinisrenownedforitsadvancedBiorationalsolutions.ThismarksthefirstlaunchofPromalininIndiabySumitomoChemicalIndiaLtd.Theproductcomprisestwokeyingredients:ablendoftwonaturalgibberellinscommonlyfoundinplants,namelyGibberellins4andGibberellins7,andanaturallyoccurringcytokinincompound,6-Benzyladenine.

  5. InAugust2022,BASFVentureCapitalGmbHandAqua-SparkinvestedinSeadEnergyPvt.Ltd.duringaSeriesBfundinground,totalingINR1402million(approximatelyUSD18.5million).SeadEnergyspecializesinproducingbiostimulantsforagricultureusingredseaweed,asustainablerawmaterialmainlyfoundintropicalwatersinAsia.Theirintegratedmodelincludescultivationtechnologysuitedfordeepwatersandadverseweatherconditions,aidedbysatelliteimagerytooptimizeseaweedfarmlocations.WithoperationsinBali,Indonesia,forcommercialseaweedfarmingandprocessingplantsinTuticorin,India,SeadEnergyleadsintropicalredseaweedproductionandprocessing.BASF'sinvestmentdiversifiesitsbiostimulantsportfolioandstrengthensitspositionintheemergingmarketforseaweed-derivedproducts.InAugust2022,BASFVentureCapitalGmbHandAqua-SparkinvestedinSeadEnergyPvt.Ltd.duringaSeriesBfundinground,totalingINR1402million(approximatelyUSD18.5million).SeadEnergyspecializesinproducingbiostimulantsforagricultureusingredseaweed,asustainablerawmaterialmainlyfoundintropicalwatersinAsia.Theirintegratedmodelincludescultivationtechnologysuitedfordeepwatersandadverseweatherconditions,aidedbysatelliteimagerytooptimizeseaweedfarmlocations.WithoperationsinBali,Indonesia,forcommercialseaweedfarmingandprocessingplantsinTuticorin,India,SeadEnergyleadsintropicalredseaweedproductionandprocessing.BASF'sinvestmentdiversifiesitsbiostimulantsportfolioandstrengthensitspositionintheemergingmarketforseaweed-derivedproducts. • RequestSamplePages: • https://www.marketsandmarkets.com/requestsampleNew.asp?id=1081 • BiostimulantsMarketSegmentation:ByActiveIngredients • HumicSubstances • Extracts • AminoAcids • MicrobialAmendments • Minerals&Vitamins • OtherActiveIngredients • ByCropType • Cerals&Grains • Oilseeds&Pulses • Fruits&Vegetables • Flowers&Ornamentals • CropTypes • ByModeofApplication • FoliarTreatment • SoilTreatment • SeedTreatment • ByRegion: • NorthAmerica

  6. Europe • AsiaPacific • SouthAmerica • RestoftheWorld(RoW) • KeyQuestionsAddressedbytheBiostimulants Market Report: • Whicharethemajorcompaniesinthebiostimulantsmarket?Whataretheirmajorstrategiestostrengthentheirmarketpresence? • Whatarethedriversandopportunitiesforthebiostimulantsmarket? • Whichregionisexpectedtoholdthehighestmarketshare? • Whatarethekeytechnologicaltrendsprevailinginthebiostimulantsmarket? • WhatisthetotalCAGRexpectedtoberecordedforthebiostimulantsmarketduring2024–2029? Formoreinformationaboutbiostimulantindustry,https://www.marketsandmarkets.com/Market-Reports/biostimulant-market-1081.html visit:

More Related