Global Plant Biostimulants Strategic Business Report 2023: Shrinking Arable Land Drives Demand for Biostimulants
Global Market for Plant Biostimulants
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:
Report Attribute | Details |
No. of Pages | 660 |
Forecast Period | 2022 - 2030 |
Estimated Market Value (USD) in 2022 | $2.7 Billion |
Forecasted Market Value (USD) by 2030 | $6.6 Billion |
Compound Annual Growth Rate | 11.8% |
Regions Covered | Global |
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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