Global Plant Biostimulants Strategic Business Report 2023: Shrinking Arable Land Drives Demand for Biostimulants

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Dublin, May 09, 2023 (GLOBE NEWSWIRE) — The “Plant Biostimulants: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

The global market for Plant Biostimulants estimated at US$2.7 Billion in the year 2022, is projected to reach a revised size of US$6.6 Billion by 2030, growing at a CAGR of 11.8% over the analysis period 2022-2030.

Amino Acid, one of the segments analyzed in the report, is projected to record a 10% CAGR and reach US$1.4 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Humic Acid segment is readjusted to a revised 10.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $457.4 Million, While China is Forecast to Grow at 15.5% CAGR

The Plant Biostimulants market in the U.S. is estimated at US$457.4 Million in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$829.9 Million by the year 2030 trailing a CAGR of 15.5% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.7% and 10.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 10.9% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$765 Million by the year 2030.

Select Competitors (Total 143 Featured) –

• Acadian Seaplants Limited
• Agrinos AS
• Bayer AG
• Biolchim S.p.A
• Biostadt India Limited
• FMC Corporation
• Haifa Group
• ILSA SpA
• Isagro S.p.A.
• Italpollina spa
• Koppert Biological Systems
• Novozymes A/S
• Trade Corporation International, S.A.
• UPL Ltd.
• Valagro S.P.A
• Yara International ASA

Key Attributes:

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Impact of Covid-19 and a Looming Global Recession
• Living with COVID-19 Becomes the New Normal
• “Stagflation” & An Imminent Recession Are the Newest Challenges in the Series of Setbacks for the Global Market in 2022 & 2023
• World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020, 2021, 2022 and 2023
• Impact of COVID-19 on Plant Biostimulants Market
• Competition
• Market Characterized by Fragmentation
• More Companies Venture into the Biostimulants Space
• Strong Growth Prospects Compel Manufacturers to Globalize
• Plant Biostimulants – Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• BIOSTIMULANTS – A PREVIEW
• Biostimulants: Definition
• Types of Biostimulants
• Based on Type of Active Ingredient
• Amino Acids
• Humic Acid
• Fulvic Acid
• Seaweed Extracts
• Others
• Protein Hydrolysates
• By Mode of Application
• Biostimulants by Crop Type
• Biostimulant Types and their Effects on Plants
• Plant Biostimulants: The Organic Future of Global Agri Industry
• Plant Biostimulants to Gain Ground with Bipartisan Bill to Define Biostimulants
• Regulatory Lags
• Global Market Prospects and Outlook
• Array of Dynamic Trends Amplifying Future of Plant Biostimulants Market
• Favorable Regulatory Reforms
• High Attention on Amino Acid Biostimulants
• Rising Uptake of Microbial Biostimulants
• Proliferation of Seaweed Biostimulants
• Strong Push to Biofertilizers
• Regional Market Analysis
• Europe Dominates the Global Biostimulants Market
• Developing Markets to Register the Fastest Growth
• Foliar Leads the Biostimulant Application, Seed Treatment to Exhibit Fastest Growth
• Challenges Impeding Adoption of Biostimulants
• Regulatory Hurdles
• Issues Related to Storage and Outcomes
• Grower Education and Returns on Investments Critical for Adoption
• Growth Hindered by Lack of Thorough Research
• Technical Challenges Pose Obstacles
• Increasing Orientation to Boost Agricultural Production Fuels Biostimulant Market
• Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Ensuring Food Security for Expanding World Population – A Way Forward
• Global Population Estimates (in Billion): 2000-2050
• World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
• Food Demand Worldwide: Demand Growth in Million Tonnes for Cereals and Sugar in Select Regions for the Period 2008-2017 and 2018-2027
• Global Crop Production by Crop Type (in Million Metric Tons): 2017-2020
• Shrinking Arable Land Drives Demand for Biostimulants
• Loss of Arable Land Exerts Immense Pressure on Yields Per Acre: Global Availability of Arable Land in Hectares Per Person for the Years 1990, 2000, 2018 and 2020
• Arable Land Worldwide as a % of Total Land Area for the Years 1990, 2000, 2018 and 2020
• Farm Size Distribution Worldwide: Percentage Breakdown of Farm Land by Size and Region
• Climate Change Adds Fuel to the Already Burning Issue of Food Security, Driving the Demand for Biostimulants
• World of Change Characterized by Rising Surface Temperatures on Earth & its Negative Impact on Agriculture Increases the Need to use Biostimulants: Average Global Surface Temperature (In Degrees Fahrenheit) for the Years 1940, 2000 and 2020
• Drive Towards Sustainable Agriculture Places Emphasis on Biostimulants
• Biostimulants Complement the Growth in Organic Farming
• Global Demand for Organic Food Products (in US$ Billion): 2015-2025
• Global Organic Agricultural Land in Million Hectares for the Years 2010, 2012, 2014, 2016, 2018, 2020, 2022
• Global Agricultural Land Under Organic Farming (in Hectares and % Share): 2000-2017
• Global Percentage Distribution of Organic Farmland by Region: 2022
• Demand for High-Value Crops Offer Strong Growth Opportunities for Plant Biostimulants
• Global Biostimulants Market by Crop Type (in % Share)
• Growing Applications to Expand Market Value
• Industry Witnesses Investment Growth in Biostimulants Space
• Focus on Innovation to Steer Market Growth
• Companies Turn to New Strategies to Source Biostimulants
• Hydroponics and Biostimulants: A Promising Strategy for Production of High-Quality Food
• Amino Acids: A Key Segment
• Functions of Amino Acids as Biostimulant in Plants
• Select Commercially Available Biostimulant Amino Acids
• Seaweed Extracts Exhibit Strong Potential for Growth
• Select ANE Extracts and their Plant Growth Function
• Microbial Biostimulants Exhibit Strong Growth Potential
• Soil Biostimulants Present Attractive Opportunities to Participants
• Biostimulants Playing a Key Role in Combating Abiotic Stress
• Impact of Biostimulants on Reducing Abiotic/Biotic Stress by Crop Plant
• Scientific Advancements in the Biostimulants Market
• Biostimulant-Powered Seedlings: A Way to Green Agriculture & Food Security
• Targeting Seeds for Healthier Plants
• Developments in Artificial Intelligence (AI), Machine Vision & Machine Learning to Drive the Biostimulants Market Growth
• Emerging Opportunities for AI in Agriculture to Push Up the Innovation Index in the Market: Artificial Intelligence (AI) in Agriculture Worldwide (In US$ Million) for the Years 2019, 2022 and 2026

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/v0em5i

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• Global Market for Plant Biostimulants