Plant Biostimulant Market By Active Ingredients (Humic Acid, Fulvic Acid, Amino Acid, Protein Hydrolysate, Seaweed Extract, and Others), By Type (Natural Biostimulant, and Biosynthetic Biostimulant), By Crop Type (Foliar, Soil, and Seed), By Application (Cereal, Oilseed, Fruit & Vegetable, Turf & Ornamental, and Others), and By Region - Trends, Analysis and Forecast till 2034

Plant Biostimulant Market was valued at USD 4.4 Billion in 2024 and is projected to grow at a CAGR of 6.30% to reach USD 7.8 Billion by 2034.

A plant biostimulant is a substance or a microorganism, which helps enhance the growth of the plant. Biostimulant does not serve nutrient deficiency. In place of serving nutrient deficiency, it helps to raise water holding capacity, nutrient availability, metabolism, and the production of chlorophyll. The general view on biostimulants is that they are neither fertilizers nor pesticides, and are in some ways beneficial to the plant body. Biostimulants are associated with organic gardening and farming, nowadays which are witnessing healthy progress in conventional agriculture as well. Biostimulants are increasingly being perceived as a response to the consumer demand for ‘softer’ agricultural practices.

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The expansion of the organic food industry that enhances soil microflora helps to the uptake of nutrients more efficient is the major propelling factor for the growth of the global market. For instance, according to the United States, in 2017, the increased urbanization is anticipated to grow at a robust pace and boosts the demand for food with better quality and productivity. Additionally, the higher benefits with the improvement in productivity and yield is another driving factor for the growth of the target market. Moreover, increased emphasis on sustainable farming over the past two decades which is boosting factor for the growth of the global market. In addition, the amplification of the antioxidants in the plant is the fueling factor for the growth of the target market. However, the low awareness among the farmers in developing countries about plant biostimulants is the major restraining factor for the growth of the global market. In addition, the unclear legislatorial standardization of biostimulants is another hampering factor for the growth of the target market. Nevertheless, the innovation in the product development to provide the natural habitat to grow can create an opportunity for the growth of the global market.

The plant biostimulant market is segmented based on the active ingredient, type, crop type, application, and region.

Based on the active ingredient, the plant biostimulant market is segmented into the humic acid, fulvic acid, amino acid, protein hydrolysate, seaweed extract, and others. Based on the type, the target market is segmented into natural biostimulant and biosynthetic biostimulant. Natural biostimulant is the dominating segment because it has more tolerance to the environmental stress. Based on crop type, the global market is classified into foliar, soil, and seed. Based on application, the target market is bifurcated into cereal, oilseed, fruit & vegetable, turf & ornamental, and others.

Based on the region the plant biostimulant market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Europe is the dominating region for the plant biostimulant market due to large scale industrialization agriculture production, in advance nations, that tents to opt more use of biostimulant that helps in reducing the heavy usage of the chemicals in fields.

Plant Biostimulant Market, By Active Ingredient:

• Humic Acid
• Fulvic Acid
• Amino Acid
• Protein Hydrolysate
• Seaweed Extract
• Others

Plant Biostimulant Market, By Type:

• Natural Biostimulant
• Biosynthetic Biostimulant

Plant Biostimulant Market, By Crop Type:

• Foliar
• Soil
• Seed

Plant Biostimulant Market, By Application:

• Cereal
• Oilseed
• Fruit & Vegetable
• Turf & Ornamental
• Others

Plant Biostimulant Market, By Region:

• North America
  • North America Plant Biostimulant Market, By Active Ingredient
  • North America Plant Biostimulant Market, By Type
  • North America Plant Biostimulant Market, By Crop Type
  • North America Plant Biostimulant Market, By Application
  • North America Plant Biostimulant Market, By Country
    • U.S.
    • Canada
• Europe
  • Europe Plant Biostimulant Market, By Active Ingredient
  • Europe Plant Biostimulant Market, By Type
  • Europe Plant Biostimulant Market, By Crop Type
  • Europe Plant Biostimulant Market, By Application
  • Europe Plant Biostimulant Market, By Country
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
• Asia Pacific
  • Asia Pacific Plant Biostimulant Market, By Active Ingredient
  • Asia Pacific Plant Biostimulant Market, By Type
  • Asia Pacific Plant Biostimulant Market, By Crop Type
  • Asia Pacific Plant Biostimulant Market, By Application
  • Asia Pacific Plant Biostimulant Market, By Country
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
      • Middle East & Africa
        • Middle East & Africa Plant Biostimulant Market, By Active Ingredient
        • Middle East & Africa Plant Biostimulant Market, By Type
        • Middle East & Africa Plant Biostimulant Market, By Crop Type
        • Middle East & Africa Plant Biostimulant Market, By Application
        • Middle East & Africa Plant Biostimulant Market, By Country
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa
      • Latin America
        • Latin America Plant Biostimulant Market, By Active Ingredient
        • Latin America Plant Biostimulant Market, By Type
        • Latin America Plant Biostimulant Market, By Crop Type
        • Latin America Plant Biostimulant Market, By Application
        • Latin America Plant Biostimulant Market, By Country
          • Brazil
          • Mexico
          • Rest of Latin America

The key players operating the plant biostimulant market involves Eastman Chemical Company, Arysta Life science Corporation, Isagro SPA, Lallemand Plant Care, Agrinos AS, Atlántica Agricola, Biostadt India Ltd., Brandt Consolidated Inc., Ilsa SPA, and Ital pollina SPA. Prominent players operating in the target market are focusing on strategic partnerships as well as the launching of the active ingredients to gain a competitive edge in the target market. For instance, in 2016, Arysta Life Science signed an agreement with Beem Biologics Inc. as per the agreement, Arysta LifeScience would license a new, novel, plant extract-derived biostimulant technology from Beem Biologics.

• Eastman Chemical Company
• Arysta Lifescience Corporation
• Isagro SPA
• Lallemand Plant Care
• Agrinos AS
• Atlántica Agricola
• Biostadt India Ltd
• Brandt Consolidated Inc.
• Ilsa SPA
• Italpollina SPA