During the anticipated period of 2022 to 2030, the global biostimulants market is anticipated to expand at a compound annual growth rate (CAGR) of 11.5%.
To improve metabolism, nutrient availability, tolerance to environmental stresses in times of drought or disease, water holding capacity, and chlorophyll production, biostimulants are natural microbe-based agricultural chemicals or substances that are applied to oilseeds, soil, grains, fruits, vegetables, and other plantation crops. These biologically produced fertilisers also enhance the antioxidant activity and stimulate root development and cell enlargement.
A wide range of biostimulants are used in horticulture and agriculture. They support plant growth in a variety of ways throughout the entire crop life cycle, from the germination of the seed to the maturity of the plant.

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GROWTH DRIVERS:
In addition, both the demand for food and the world population are expanding quickly. However, the food industry is currently dealing with a number of previously unheard-of difficulties, such as environmental dangers, including the negative effects of climate change, overuse of natural resources, such as the excessive application of chemical-based products to crops, loss of biodiversity, and food loss and waste. Because of this, the industry is no longer able to meet public needs. Here, biostimulants are increasingly employed alongside organic manure to improve soil fertility and plant health and are emerging as a crucial part of sustainable farming methods. Due to their environmental friendliness, they are replacing chemical-based agroproducts more and more, which is causing their market to expand.
Also, there is an exponential increase in demand for nutritious, high-quality food free of chemical residues. This has led to an increase in the use of organic farming methods. For crop protection and nourishment, biostimulants are crucial in organic farming and gardening. In light of this, regional governments' support for promoting bio-agri goods has also grown. Hence the demand for biostimulants in organic farming is expected to rise along with the growing popularity of organic farming. Throughout the forecast period, this factor, together with the government's rising support, is anticipated to contribute to the growth of the worldwide biostimulants market.

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BIOSTIMULANTS MARKET SEGMENTATION:
By Active Ingredients:
• Acid-based
• Humic Acid
• Fulvic Acid
• Amino Acids
• Extract-based
• Seaweed extracts
• Other Botanical Extracts
• Microbial Amendments
• Others
• Vitamins
• Trace Minerals
• Polysaccharides

By Application:
• Soil Treatment
• Seed Treatment
• Foliar Spray

By Form:
• Liquid
• Dry

By Crop Type:
• Cereals & Grains
• Oilseeds & Pulses
• Fruits & Vegetables
• Turfs & Ornamentals
• Others
• Forage
• Plantation Crops

By Region:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

KEY COMPANIES IN BIOSTIMULANTS MARKET:
• Bayer AG
• Syngenta AG
• BioAtlantis Ltd.
• Agrinos Inc.
• Andermatt Biocontrol AG
• Som Phytopharma India Limited
• Novozymes A/S
• BASF SE
• Valagro S.p.A
• FMC Corporation
• Rallis India Limited
• Haifa Group
• Marrone Bio Innovations Inc.
• Biolchim SpA
• Italpollina SpA
• Biostadt India Limited
• Olmix S.A.
• Plant Health Care plc
• EuroChem Group AG
• Other Players

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