Biostimulant is a substance that is used to foster the plant growth by improving the metabolism of the plant and it finds application in agriculture and horticulture. It is derived from natural resources and some of the most common biostimulants used are humic acids, liquid manure composting, seaweed extracts, and beneficial bacteria and fungi. Biostimulant enhance overall plant growth by influencing other factors such as root diameter, root growth, increased microbial activity, and soil water holding capacity. This enhance plant tolerance and resistance to abiotic stresses.

The global biostimulants market was valued at US$ 2,034.8 Mn in 2018 and is anticipated to reach USD 4,597.6 Mn by the end of 2027, growing at a CAGR of 9.2% during the forecast period (2019 to 2027).

Drivers:

Increasing launch of advanced biostimulant products is projected to foster the market growth of biostimulants. For instance, in February 2017, Bioiberica has launched Equilibrium®, a new biostimulant particularly for fruit set and the start of fruit ripening. Equilibrium® has been found to enhance the number of fruit per hectare while maintaining good calibre, in more than 20 trials in different crops. Moreover, the new biostimulant encourage the improved phytohormonal regulation of the plant, optimizing the processes of cell division and mobilization of reserves and acting in the developing organs, maintaining their overall physiological balance.

The growing adoption of precision farming and latest technologies is projected to drive market growth. For instance, according to a study carried out at the University of Nebraska-Lincoln in May 2015, there is rapid adoption of precision agriculture technologies in recent years. A survey of 135 farmers was received. Producers responding to the survey indicated the average production of 1,247 acres of row crops in an average operation of 1,507 acres. Thus, rising adoption of precision farming is protected to foster market growth over the forecast period. 

Figure 1. Global Biostimulants Market Share, By Region, 2018

Biostimulants  | Coherent Market Insights

Europe region dominated the global biostimulants market in 2018, accounting for 41.0% share in terms of volume, followed by North America and Asia Pacific, respectively

Market Restraints

The high cost of production associated with the biostimulant as it requires high investments in research and development which is restricting the use of biostimulants. Moreover, high R&D costs and the long-time is taken by the company to produce a new product pose a challenge for new entrants. Moreover, though biostimulant have various benefits, however, very few products are available in the market. Therefore, this factor is expected to hinder the market growth of stimulants over the forecast period.

The lengthy procedure for the approval of biostimulant products is projected to restrict the growth of the biostimulants market. Moreover, the pre-market approval for biostimulants entering into the market could take a year or more from application to registration because of a lengthy process of observation which is also projected to hamper the market growth. Furthermore, the industry is currently facing a various regulatory framework, which keeps on changing from state to state. Therefore, such factors are projected to hinder the market growth of stimulants over the forecast period.

Market Opportunities

Rising government support and subsidies to reduce the usage of pesticide and promoting the usage of biostimulant is projected to propel the market growth. Moreover, the rising number of partnership among key players is another major factor projected to fuel the market growth of biostimulant. For instance, in October 2019, Olmix Group and QUANG BINH AGRICULTURAL CORPORATION (QAC) have signed a partnership agreement to commercialize Olmix’s biostimulant range within Vietnamese territory, which promote the desire of the company to expand its Plant Care business network in Asia.

Rising investment in research and development by major players in the development of advanced biostimulant is projected to propel the market growth. For instance, in May 2019, Spanish biotech firm AlgaEnergy and Krishi Rasayan Exports (KREPL) have entered into a joint venture for the production of bio-stimulants based on microalgae that boosts soil health, and plan to invest about USD 20 million in next 3-4 years in the business. The purpose of the partnership between AlgaEnergy's Indian subsidiary MicroAlgae Solutions India Pvt Ltd (MASI) and KREPL's sister concern Agrolife Sciences Corporation is to tap not only the Indian market but also other countries such as Europe, where AlgaEnergy has a strong presence.

Figure 2. Global Biostimulants Market - Opportunity Analysis

Biostimulants  | Coherent Market Insights

Market Trends/Key Takeaways

The growing usage of biostimulants in conventional crops is projected to fuel market growth over the forecast period. Many farmers are adopting biostimulants in order to meet the rising demand for healthy food products with the least ecological impact. Biostimulants are gaining high demand among farmers as it is a natural compound that is expected to boost crop yields more efficiently and effectively. Moreover, biostimulants are also gaining a certain amount of popularity as products that can enhance the return on investments if used for conventional farming. Hence, this is expected to foster market growth.

Rising development in the agriculture sector such as expanding food production or export and imports coupled with the growth in organic and natural trade is projected to fuel the market growth over the forecast period. According to the United States Department of Agriculture, U.S. agricultural exports were valued at $140 billion in 2018, a 1-percent increase compares to 2017. Export growth was affected by reduced exports to Asia, especially for soybean exports. Imports grew by 6 percent in 2018 to $129 billion. Imports have grown at a faster rate than exports since 2016, driven in part by strong domestic economic growth.

Regulations

In the U.S, fertilizer is not registered at the federal level. Each state has its own fertilizer program. Thus, there is a number of different and often contradictory standards for the biostimulants, fertilizers, and plant or soil amendments. There is no single existing framework to register a biostimulant product under U.S. states.

Figure 3. Global Biostimulants Market Share, By Crop Type, 2018

Biostimulants  | Coherent Market Insights

Based on crop type, global biostimulants market is divided into row crops, fruits & vegetables, turfs and ornamentals, and other crop types. In 2018, row crops accounted for largest revenue share of 46.4% in global biostimulants market. Whereas, fruits & vegetables are projected to record fastest growth, registering a CAGR of 11.2% during the forecast period (2019 to 2027).

Company Profiles

Acadian Seaplants Limited, Biostadt India Limited, Omex Agrifluids Ltd., Italpollina Spa, Koppert B.V., Bio Atlantis Ltd., Micromix Plant Health Limited, Trade Corporation International, Valagro Spa, Isagro S.P.A, Platform Specialty Products Corporation, BASF SE, Novozymes A/S, Agrinos A/S, and Dow Chemical Company

Few Recent Developments

Acadian Seaplants Ltd (ASL)

  • In May 2018, Canadian company Acadian Seaplants Ltd (ASL) has developed first of its kind seaweed-based biostimulants to help farmers raise their agricultural output in India.

Valagro S.p.A

  • In July 2019, Marrone Bio Innovations Inc. a leading developer of bio-based products for pest management and plant health, today announced that it has entered into a strategic partnership to collaborate on research and development efforts with Valagro S.p.A, a leader in the production and commercialization of biostimulants and specialty nutrients.

Dow Chemical Company

  • In July 2017, DuPont Pioneer & Evogene Announce Multiyear Research Collaboration for Development of Corn Bio-Stimulant Products. The goal of the collaboration is to provide farmers with innovative bio-stimulant seed treatment products that protect and maximize corn yield by leveraging each other’s relevant market-leading technologies.

Biostimulants are biologically derived fertilizers that are used for increasing crop yield. These additives helps plants to boost nutrients efficiency and improve quality attributes such as appearance and shelf-life. The agriculture biostimulants encompasses a diverse group of products which includes seaweed extracts, humic acids, biochemical materials, microbial inoculants, amino acids, and others.

Market Dynamics

Based on active ingredients, Biostimulants market is segregated into acid-based, extract-based, and others. In 2018, acid-based segment accounted for the largest revenue share of 59.4% in the global biostimulants market. However, extract-based segment is predicted to record fastest growth in terms of revenue during the forecast period (2019 to 2027).

On the basis of region, Europe accounted for the largest revenue share in 2018 and contributed for the revenue share of 41.0% in 2018, followed by Asia Pacific and North America. The regional growth is driven by the rising demand for biostimulants as an alternative to chemical-based products in agriculture.

Key features of the study:

  • This report provides in-depth analysis of Biostimulants and provides market size (US$ Mn and ‘000 Tons) and cumulative annual growth rate (CAGR %) for the forecast period (2019 – 2027), considering 2018 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategy adopted by the leading players
  • It profiles leading players in the global Biostimulants market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include Acadian Seaplants Limited, Biostadt India Limited, Omex Agrifluids Ltd, Italpollina Spa, Koppert B.V., Bio Atlantis Ltd., BASF SE, Novozymes A/S, Agrinos A/S, and Platform Specialty Products Corporation
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, technology up gradation, market expansion, and marketing tactics
  • The global Biostimulants market report caters to various stakeholders in this industry including investors, suppliers, Biostimulants manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Biostimulants market

Detailed Segmentation:

  • Global Biostimulants Market, By Application:
    • Foliar
    • Soil
    • Seed
  • Global Biostimulants Market, By Crop Type:
    • Row Crops
    • Fruits & Vegetables
    • Turfs and Ornamentals
    • Other Crop Types
  • Global Biostimulants Market, By Active Ingredient:
    • Acid-Based
    • Extract Based
    • Others
  • Global Biostimulants Market, By Geography:
    • North America
      • U.S.
        • By Application:
          • Foliar
          • Soil
          • Seed
        • By Crop Type:
          • Row Crops
          • Fruits & Vegetables
          • Turfs and Ornamentals
          • Other Crop Types
        • By Active Ingredient:
          • Acid-Based
          • Extract Based
          • Others
      • Canada
        • By Application:
          • Foliar
          • Soil
          • Seed
        • By Crop Type:
          • Row Crops
          • Fruits & Vegetables
          • Turfs and Ornamentals
          • Other Crop Types
        • By Active Ingredient:
          • Acid-Based
          • Extract Based
          • Others
    • Latin America
      • Brazil
        • By Application:
          • Foliar
          • Soil
          • Seed
        • By Crop Type:
          • Row Crops
          • Fruits & Vegetables
          • Turfs and Ornamentals
          • Other Crop Types
        • By Active Ingredient:
          • Acid-Based
          • Extract Based
          • Others
      • Argentina
        • By Application:
          • Foliar
          • Soil
          • Seed
        • By Crop Type:
          • Row Crops
          • Fruits & Vegetables
          • Turfs and Ornamentals
          • Other Crop Types
        • By Active Ingredient:
          • Acid-Based
          • Extract Based
          • Others
      • Mexico
        • By Application:
          • Foliar
          • Soil
          • Seed
        • By Crop Type:
          • Row Crops
          • Fruits & Vegetables
          • Turfs and Ornamentals
          • Other Crop Types
        • By Active Ingredient:
          • Acid-Based
          • Extract Based
          • Others
      • Rest of Latin America
        • By Application:
          • Foliar
          • Soil
          • Seed
        • By Crop Type:
          • Row Crops
          • Fruits & Vegetables
          • Turfs and Ornamentals
          • Other Crop Types
        • By Active Ingredient:
          • Acid-Based
          • Extract Based
          • Others
    • Europe
      • U.K.
        • By Application:
          • Foliar
          • Soil
          • Seed
        • By Crop Type:
          • Row Crops
          • Fruits & Vegetables
          • Turfs and Ornamentals
          • Other Crop Types
        • By Active Ingredient:
          • Acid-Based
          • Extract Based
          • Others
      • Germany
        • By Application:
          • Foliar
          • Soil
          • Seed
        • By Crop Type:
          • Row Crops
          • Fruits & Vegetables
          • Turfs and Ornamentals
          • Other Crop Types
        • By Active Ingredient:
          • Acid-Based
          • Extract Based
          • Others
      • Italy
        • By Application:
          • Foliar
          • Soil
          • Seed
        • By Crop Type:
          • Row Crops
          • Fruits & Vegetables
          • Turfs and Ornamentals
          • Other Crop Types
        • By Active Ingredient:
          • Acid-Based
          • Extract Based
          • Others
      • France
        • By Application:
          • Foliar
          • Soil
          • Seed
        • By Crop Type:
          • Row Crops
          • Fruits & Vegetables
          • Turfs and Ornamentals
          • Other Crop Types
        • By Active Ingredient:
          • Acid-Based
          • Extract Based
          • Others
      • Russia
        • By Application:
          • Foliar
          • Soil
          • Seed
        • By Crop Type:
          • Row Crops
          • Fruits & Vegetables
          • Turfs and Ornamentals
          • Other Crop Types
        • By Active Ingredient:
          • Acid-Based
          • Extract Based
          • Others
      • Spain
        • By Application:
          • Foliar
          • Soil
          • Seed
        • By Crop Type:
          • Row Crops
          • Fruits & Vegetables
          • Turfs and Ornamentals
          • Other Crop Types
        • By Active Ingredient:
          • Acid-Based
          • Extract Based
          • Others
      • Rest of Europe
        • By Application:
          • Foliar
          • Soil
          • Seed
        • By Crop Type:
          • Row Crops
          • Fruits & Vegetables
          • Turfs and Ornamentals
          • Other Crop Types
        • By Active Ingredient:
          • Acid-Based
          • Extract Based
          • Others
    • Asia Pacific
      • China
        • By Application:
          • Foliar
          • Soil
          • Seed
        • By Crop Type:
          • Row Crops
          • Fruits & Vegetables
          • Turfs and Ornamentals
          • Other Crop Types
        • By Active Ingredient:
          • Acid-Based
          • Extract Based
          • Others
      • India
        • By Application:
          • Foliar
          • Soil
          • Seed
        • By Crop Type:
          • Row Crops
          • Fruits & Vegetables
          • Turfs and Ornamentals
          • Other Crop Types
        • By Active Ingredient:
          • Acid-Based
          • Extract Based
          • Others
      • Japan
        • By Application:
          • Foliar
          • Soil
          • Seed
        • By Crop Type:
          • Row Crops
          • Fruits & Vegetables
          • Turfs and Ornamentals
          • Other Crop Types
        • By Active Ingredient:
          • Acid-Based
          • Extract Based
          • Others
      • ASEAN
        • By Application:
          • Foliar
          • Soil
          • Seed
        • By Crop Type:
          • Row Crops
          • Fruits & Vegetables
          • Turfs and Ornamentals
          • Other Crop Types
        • By Active Ingredient:
          • Acid-Based
          • Extract Based
          • Others
      • Rest of Asia Pacific
        • By Application:
          • Foliar
          • Soil
          • Seed
        • By Crop Type:
          • Row Crops
          • Fruits & Vegetables
          • Turfs and Ornamentals
          • Other Crop Types
        • By Active Ingredient:
          • Acid-Based
          • Extract Based
          • Others
    • Middle East & Africa
      • Turkey
        • By Application:
          • Foliar
          • Soil
          • Seed
        • By Crop Type:
          • Row Crops
          • Fruits & Vegetables
          • Turfs and Ornamentals
          • Other Crop Types
        • By Active Ingredient:
          • Acid-Based
          • Extract Based
          • Others
      • GCC
        • By Application:
          • Foliar
          • Soil
          • Seed
        • By Crop Type:
          • Row Crops
          • Fruits & Vegetables
          • Turfs and Ornamentals
          • Other Crop Types
        • By Active Ingredient:
          • Acid-Based
          • Extract Based
          • Others
      • South Africa
        • By Application:
          • Foliar
          • Soil
          • Seed
        • By Crop Type:
          • Row Crops
          • Fruits & Vegetables
          • Turfs and Ornamentals
          • Other Crop Types
        • By Active Ingredient:
          • Acid-Based
          • Extract Based
          • Others
      • Rest of Middle East & Africa
        • By Application:
          • Foliar
          • Soil
          • Seed
        • By Crop Type:
          • Row Crops
          • Fruits & Vegetables
          • Turfs and Ornamentals
          • Other Crop Types
        • By Active Ingredient:
          • Acid-Based
          • Extract Based
          • Others
  • Company Profiles
    • Acadian Seaplants Limited*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Biostadt India Limited
    • Omex Agrifluids Ltd
    • Italpollina Spa
    • Koppert B.V.
    • Bio Atlantis Ltd.
    • BASF SE
    • Novozymes A/S
    • Agrinos A/S
    • Platform Specialty Products Corporation

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Application
      • Market Snippet, By Crop Type
      • Market Snippet, By Active Ingredient
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Key Industry Trends
      • PEST Analysis
      • Merger & Acquisition Scenario
      • Key developments
  4. Global Biostimulants Market, By Application, 2017 - 2027 (US$ Mn and ‘000 Tons)
    • Introduction
      • Market Share Analysis, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Foliar
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn and ‘000 Tons)
    • Soil
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn and ‘000 Tons)
    • Seed
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn and ‘000 Tons)
  5. Global Biostimulants Market, By Crop Type, 2017 - 2027 (US$ Mn and ‘000 Tons)
    • Introduction
      • Market Share Analysis, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Raw Crops
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn and ‘000 Tons)
    • Fruits & Vegetables
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn and ‘000 Tons)
    • Turfs and Ornamentals
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn and ‘000 Tons)
    • Other crop types
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn and ‘000 Tons)
  6. Global Biostimulants Market, By Active Ingredient, 2017 - 2027 (US$ Mn and ‘000 Tons)
    • Introduction
      • Market Share Analysis, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Acid-Based
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn and ‘000 Tons)
    • Extract Based
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn and ‘000 Tons)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Mn and ‘000 Tons)
  7. Global Biostimulants Market, By Region, 2017 - 2027 (US$ Mn and ‘000 Tons)
    • Introduction
      • Market Share Analysis, By Region, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, For Region, 2019 - 2027
    • North America
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Crop Type, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Active Ingredient, 2017 - 2027 (US$ Mn and ‘000 Tons)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Crop Type, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Active Ingredient, 2017 - 2027 (US$ Mn and ‘000 Tons)
    •  Latin America
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Crop Type, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Active Ingredient, 2017 - 2027 (US$ Mn and ‘000 Tons)
        •  Argentina
          • Country Trends
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Crop Type, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Active Ingredient, 2017 - 2027 (US$ Mn and ‘000 Tons)
        •  Mexico
          • Country Trends
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Crop Type, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Active Ingredient, 2017 - 2027 (US$ Mn and ‘000 Tons)
        •  Rest of Latin America
          • Country/Region Trends
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Crop Type, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Active Ingredient, 2017 - 2027 (US$ Mn and ‘000 Tons)
    •  Europe
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Crop Type, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Active Ingredient, 2017 - 2027 (US$ Mn and ‘000 Tons)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Crop Type, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Active Ingredient, 2017 - 2027 (US$ Mn and ‘000 Tons)
          •  
        • Italy
          • Country Trends
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Crop Type, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Active Ingredient, 2017 - 2027 (US$ Mn and ‘000 Tons)
        •  France
          • Country Trends
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Crop Type, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Active Ingredient, 2017 - 2027 (US$ Mn and ‘000 Tons)
        •  Russia
          • Country Trends
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Crop Type, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Active Ingredient, 2017 - 2027 (US$ Mn and ‘000 Tons)
        •  Spain
          • Country Trends
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Crop Type, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Active Ingredient, 2017 - 2027 (US$ Mn and ‘000 Tons)
        •  Rest of Europe
          • Country Trends
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Crop Type, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Active Ingredient, 2017 - 2027 (US$ Mn and ‘000 Tons)
    •  Asia Pacific
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • China
          • Country Trends
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Crop Type, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Active Ingredient, 2017 - 2027 (US$ Mn and ‘000 Tons)
        • India
          • Country Trends
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Crop Type, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Active Ingredient, 2017 - 2027 (US$ Mn and ‘000 Tons)
        •  Japan
          • Country Trends
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Crop Type, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Active Ingredient, 2017 - 2027 (US$ Mn and ‘000 Tons)
        •  ASEAN
          • Country Trends
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Crop Type, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Active Ingredient, 2017 - 2027 (US$ Mn and ‘000 Tons)
        •  Rest of Asia Pacific
          • Country/Region Trends
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Crop Type, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Active Ingredient, 2017 - 2027 (US$ Mn and ‘000 Tons)
    •  Middle East & Africa
      • Market Share Analysis, By Sub-region, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Sub-region, 2019 - 2027
        • Turkey
          • Country/Region Trends
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Crop Type, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Active Ingredient, 2017 - 2027 (US$ Mn and ‘000 Tons)
        • GCC
          • Country/Region Trends
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Crop Type, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Active Ingredient, 2017 - 2027 (US$ Mn and ‘000 Tons)
        • South Africa
          • Country/Region Trends
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Crop Type, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Active Ingredient, 2017 - 2027 (US$ Mn and ‘000 Tons)
        • Rest of Middle East & Africa
          • Country/Region Trends
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Crop Type, 2017 - 2027 (US$ Mn and ‘000 Tons)
          • Market Size and Forecast, By Active Ingredient, 2017 - 2027 (US$ Mn and ‘000 Tons)
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis
    • Company Profiles
      • Acadian Seaplants Limited
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Biostadt India Limited
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Omex Agrifluids Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Italpollina Spa
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Koppert B.V.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Bio Atlantis Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • BASF SE
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Novozymes A/S
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Agrinos A/S
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Platform Specialty Products Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
    • Analyst Views
  9. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 42 market data tables and 28 figures on "Biostimulants Market - Global forecast to 2027”.

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


Data Triangulation Methodology | Coherent Market Insights

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

Market Analysis | Coherent Market Insights

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users