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Seed Biostimulants Market

Market Insights on Seed Biostimulants covering sales outlook, demand forecast & up-to-date key trends

Seed Biostimulants Market Research report by Ingredient Type (Plant Extracts, Algae Extracts, Micro-Organisms, Seaweed Extracts, Chemicals, Amino Acid), by Form (Liquid, Powder), by Application (Cereals & Grains, Oilseeds & Pulses, Flowers & Ornamentals, Vegetables, Others), by Sales Channel (Online, Offline), by Region (North America, Latin America, Europe, Asia Pacific, MEA, RoW)

Seed Biostimulants Market Outlook

According to Future Market Insights research, during the projected forecast period, the Seed Biostimulants market is expected to grow at a CAGR of 3.4%. The market value projected to increase is from USD 3,816.8 Mn in 2022 to USD 5,332.2 Mn by 2032. The Seed Biostimulants market was valued at USD 3,670.0 Mn at the end of 2021 and is projected to exhibit Y-o-Y growth of 4.0% in 2022.

Market Size Value in 2022

USD 3,816.8 Mn

Market Forecast Value in 2032

USD 5,332.2 Mn

Global Growth Rate (2022 to 2032)

3.4% CAGR

Forecast Period

2022-2032

U.S. market share of Seed Biostimulants

33.7%

Seed biostimulants are compounds or microorganisms that are added to seeds in order to increase plant development, tolerance to abiotic stressors, and water uptake. This reduces the need for fertilizers. Biostimulants improve seed nutrient absorption and nutrient efficiency. The modest amount of seed biostimulants is effective in promoting improved plant essential processes and enables high yields of high-quality crops.

Humic acids, algal extracts, hormones, and microorganisms that encourage plant growth are some of the several raw ingredients used in the formulation of seed biostimulants. Research is being done to determine how bio stimulants affect how plants develop when stressed, exposed to a saltwater environment, and growing from seedlings.

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Historical Outlook vs. Future Projections of Seed Biostimulants Market

In Historical outlook of Seed Biostimulants market the value increased from USD 3,137.1 Mn in 2017 to USD 3,670.0 Mn in 2021. The CAGR (2017-2021) is observed to be 4.0%.

The major drivers for this market growth are the increasing demand for food and the need for improved crop yield. Seed biostimulants help in improving the plant growth and yield by providing essential nutrients and stimulating plant growth hormones.

They are also known to increase the water and nutrient uptake by plants, which lead to better yields. The other benefits of using seed biostimulants include stress tolerance, disease resistance, and enhanced flavor and shelf life of crops.

For the Future projection of Seed Biostimulants market the value increased from USD 3,816.8 Mn in 2022 to USD 5,332.2 Mn in 2032. The CAGR (2022-2032) is estimated to be 3.4%.

Country Wise Analysis

How North America Seed Biostimulants market is shaping?

The market is driven by the increasing demand for organic food and the need for sustainable agriculture practices. The use of biostimulants can help improve plant growth and yield, while reducing the use of chemical fertilizers and pesticides.

The North American market is further aided by the presence of large agricultural companies, such as Monsanto and DuPont, which are investing in research and development of new seed biostimulant products.

U.S. contributes 33.7% of total revenue for Seed Biostimulants Market.

How Europe Seed Biostimulants market is shaping?

The European Union (EU) is the largest market for seed biostimulants. The region is expected to continue its dominance in the global seed biostimulants market owing to favorable government regulations and policies encouraging the use of biostimulants in agriculture.

Germany contributes 24.5% to Seed Biostimulants market and U.K. CAGR for forecast period is 4.6%.

How Asia Pacific is growing in Seed Biostimulants market?

The Asia Pacific region is expected to be the fastest-growing market for seed biostimulants. The demand for biostimulants in agriculture is increasing due to the need for higher yields and quality crops. Seed biostimulants help improve plant growth and yield by providing essential nutrients and improving stress tolerance.

The Asia Pacific region has a vast population and an increasing demand for food. This, coupled with the growing awareness of the benefits of seed biostimulants, is expected to drive the market growth in this region.

Japan contribution in Seed Biostimulants market is 12.3% of total market share, India and China are market drivers in Asia Pacific and their latest CAGR in Seed Biostimulants market are 5.8% and 5.9% respectively.

What is Seed Biostimulants market situation in Latin America region?

Seed biostimulants are a new and rapidly growing category of products that can be used to improve plant establishment, yield, and quality. The Latin American market for seed biostimulants is expected to grow substantially in the next few years.

There are several factors driving this growth. First, the region has a large and expanding agricultural sector. Second, there is increasing awareness of the benefits of seed biostimulants among farmers and other stakeholders. Third, many countries in the region are investing in research and development of new seed biostimulant products.

The Latin American market for seed biostimulants offers considerable opportunities for companies operating in this space. There is a need for products that can improve yields and quality while reducing inputs costs.

How the MEA & RoW are responding to Seed Biostimulants market?

The demand for seed biostimulants is driven by the increasing demand for food and the need to improve crop productivity. The MEA region is expected to be the fastest-growing market for seed biostimulants, due to the increasing population and the rising demand for food.

From Oceania region Australia is contributing 2.4% of total revenue of Seed Biostimulants market.

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Principal Consultant
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Category Wise Insights

What are the different types of Seed Biostimulants?

There are two main types of seed biostimulants: those that provide nutrients and those that stimulate plant growth.

Nutrient-based seed biostimulants provide essential elements that plants need for proper growth, such as nitrogen, phosphorus, and potassium. These products can be applied before or after planting, and they can be used on a variety of crops.

Growth-stimulating seed biostimulants contain plant hormones or other compounds that promote germination, root development, and shoot growth. These products are usually applied before planting, and they are typically used on field crops such as corn, soybeans, and wheat.

What are the uses of Seed Biostimulants?

Seed biostimulants are a relatively new type of product on the market that can provide numerous benefits for crops. They are most commonly used as a way to improve seed germination and early plant growth. However, they can also be used to help crops better withstand stress, improve nutrient uptake, and increase yields.

There are a variety of different seed biostimulants available, each with its own unique set of benefits. For example, some products contain micronutrients that can help plants better utilize fertilizers. Others contain beneficial bacteria or fungi that can improve root growth and help plants better absorb water and nutrients from the soil.

Competitive Landscape

The competitive landscape of the biostimulants market is fragmented with the presence of a large number of players. The key players in the market are BASF SE, Akzo Nobel N.V., DowDuPont, Inc., and others.

BASF SE is one of the leading players in the biostimulants market. The company has a strong product portfolio and is well-positioned in the market with its innovative products and solutions. Akzo Nobel N.V. is another leading player in the biostimulants market. The company has a strong product portfolio and offers a wide range of products for different applications.

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Seed Biostimulants Market Report Scope

Attribute

Details

Forecast Period

2022-2032

Historical Data Available for

2017-2022

Market Analysis

USD Mn for Value and Units for Volume

Key Regions Covered

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • MEA
  • RoW

Key Countries Covered

  • US
  • Canada
  • Mexico
  • Germany
  • UK
  • France
  • Russia
  • Brazil
  • Argentina
  • Japan
  • Australia
  • China
  • India

Key Segments Covered

  • Ingredient Type
  • Form
  • Application
  • Sales Channel
  • Region

Key Companies Profiled

  • BASF SE
  • Akzo Nobel N.V.
  • DowDuPont Inc.
  • BAYER CROP SCIENCE
  • PRP Technologies
  • Solvay
  • Koppert Biological Systems
  • Fyteko
  • OMEX
  • Legend Seeds
  • Biolchim S.p.A.
  • Isagro S.p.A.
  • Agricen
  • Meristem

Report Coverage

DROT Analysis, Market Forecast, Company Share Analysis, Market Dynamics and Challenges, Competitive Landscape, and Strategic Growth Initiatives

Customization & Pricing

Available upon Request

Segmentation of Seed Biostimulants market

Segmentation by Ingredient Type:

  • Plant Extracts
  • Algae Extracts
  • Micro-Organisms
  • Seaweed Extracts
  • Chemicals
  • Amino Acid

Segmentation by Form:

  • Liquid
  • Powder

Segmentation by Application:

  • Cereals & Grains
  • Oilseeds & Pulses
  • Flowers & Ornamentals
  • Vegetables
  • Others

Segmentation by Sales Channel:

  • Online
  • Offline

Segmentation by Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • MEA
  • RoW

Frequently Asked Questions

The global Seed Biostimulants market will reach a valuation of USD 3,816.8 Mn by the end of 2022.

The U.S. Seed Biostimulants Market is contributing 33.7% of total market share which values around USD 1,286.3 Mn.

U.S., Canada, Mexico, Argentina, Brazil, Germany, U.K., France, Italy, Russia, Spain China, Japan, India, Australia are the major countries driving demand for Seed Biostimulants Market.

The Germany Seed Biostimulants Market is contributing 24.5% of total market share which values at USD 935.1 Mn.

• BASF SE • Akzo Nobel N.V. • DowDuPont Inc. • BAYER CROP SCIENCE • PRP Technologies Above are the top 5 market players in Seed Biostimulants industry.

The Japan Seed Biostimulants market contribution is 12.3% of total market share.

The India Seed Biostimulants market will grow at 5.8% CAGR between 2022 and 2032.

The global Seed Biostimulants market is forecasted to surpass USD 5,332.2 Mn by the end of 2032.

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Nandini Roy Choudhury
Principal Consultant
LinkedIn
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Seed Biostimulants Market