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The global biostimulants market was valued at US$ 2.38 Billion in 2021.
We expect the global biostimulants market to exhibit a CAGR of 11.48% during 2022-2027.
The growing applications of biostimulants in organic manure to improve the soil fertility and plant
health are primarily driving the global biostimulants market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent
lockdown regulations across several nations, resulting in the temporary closure of numerous
manufacturing units for biostimulants.
Based on the product type, the global biostimulants market can be segmented into acid-based,
extract-based, and others. Currently, acid-based biostimulants exhibit a clear dominance in the
Based on the crop type, the global biostimulants market has been bifurcated into cereals and grains,
fruits and vegetables, turf and ornamentals, oilseeds and pulses, and others. Among these, cereals
and grains represent the largest market share.
Based on the form, the global biostimulants market can be segregated into dry and liquid, where dry
form accounts for the majority of the global market share.
Based on the origin, the global biostimulants market has been divided into natural and synthetic.
Currently, natural origin exhibits a clear dominance in the market.
Based on the distribution channel, the global biostimulants market can be categorized into direct
and indirect, where direct channel holds the majority of the total market share.
Based on the application, the global biostimulants market has been segmented into foliar treatment,
soil treatment, and seed treatment. Among these, foliar treatment represents the largest market
Based on the end-user, the global biostimulants market can be bifurcated into farmers, research
organizations, and others. Currently, farmers account for the majority of the total market share.
On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle
East and Africa, and Latin America, where Europe currently dominates the global market.
Some of the major players in the global biostimulants market include Agrinos AS, Adama LTD., BASF
SE, Bayer, Biolchim SpA., Biostadt India Ltd., Isagro, Italpollina SpA, Koppert B.V., Novozymes,
Syngenta, Valagro SpA, etc.
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