The biostimulants market size is projected to reach US$ 8.41 billion by 2031 from US$ 5.55 billion in 2024. The market is expected to register a CAGR of 6.3% during 2025–2031. The growing technological advancements in biostimulants development are expected to create new trends in the market during the forecast period.

Biostimulants Market Analysis

Biostimulants have gained popularity due to a shift toward organic farming and the integration of biostimulants with chemical fertilizers. They are popular as plant growth stimulators and help in strengthening root biomass, nutrient uptake, and enzymatic activities. This has urged the key players to increase their production capabilities extensively. Biostimulants rich in minerals, plant hormones, and amino acids encourage farmers to opt for such products. Biostimulants are products that improve a plant's nutritional processes independent of its nutrient content. These biostimulants can be used as humic substances, amino acids, microbial stimulants, seaweed extracts, and others. These are used for cereals and grains, oilseeds and pulses, fruits and vegetables, turf and landscape, and others.

Biostimulants Market Overview

Biostimulants are a mixture of substances or microorganisms that help improve crop conditions without causing any negative impact on the environment. Various studies have shown that biostimulants can be used as an additive to fertilizers, which helps reduce fertilizer use. They can also help nutrient uptake, plant growth, and tolerance against abiotic stress. It supports plants' metabolic processes that help uptake essential nutrients. There are various application methods available for biostimulants. Biostimulants can be used in the form of powder, granules, or as a liquid foliar product for soil preparations. The global biostimulants market is segmented based on product, mode of application, and crop type.

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Biostimulants Market: Strategic Insights

Market Size Value in	US$ 3,112.49 Million in 2022
Market Size Value by	US$ 5,796.94 Million by 2028
Growth rate	CAGR of 10.9% from 2022 to 2028
Forecast Period	2022-2028
Base Year	2022

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Biostimulants Market Drivers and Opportunities

Favorable Government Policies and Initiatives

The European Union has supported the adoption of biostimulants through regulatory frameworks that ensure their safe and effective use in agriculture. The European Union has put in place clear regulatory frameworks to govern the use of biostimulants. The EU Regulation 1107/2009 (which covers plant protection products) and the more recent Regulation (EU) No 2019/1009 on biostimulants provide clear guidelines for biostimulant products, ensuring their safety and effectiveness. This regulatory clarity has encouraged more widespread adoption of biostimulants by farmers across Europe. Further, the European Green Deal, with its Farm to Fork Strategy, prioritizes enhanced resource efficiency, a clean and circular economy, biodiversity restoration, and pollution reduction. This move toward sustainability goals propels the demand for environmentally friendly agricultural products, including biostimulants, to achieve the aim of positioning Europe as the first climate-neutral region by 2050.

Additionally, subsidies, grants, and tax incentives encourage farmers to adopt eco-friendly alternatives, and national programs, such as India's Paramparagat Krishi Vikas Yojana (PKVY) and the USDA's Organic Transition Initiative, support organic farming, indirectly boosting biostimulants demand. Governments also fund R&D in bio-based agri-solutions, further accelerating industry growth and farmer awareness. These policies align with global sustainability goals, reinforcing biostimulants as a key tool in climate-smart agriculture.

Integration of Biostimulants with Chemical Fertilizers

The high use of chemical fertilizers has been affecting water bodies. Nutrients are washed off from farms and reach nearby rivers, lakes, and ponds, causing eutrophication. Besides, chemical fertilizers have low use efficiency. It means that plants take up only a mixture of nutrients from fertilizers. For example, essential nutrients, such as phosphorus, precipitate after being added to the soil and thus remain less available for plants. Also, nitrogen, another essential nutrient, may become unavailable due to factors such as nitrate leaching.

Sustainable resource management can be achieved with the integration of biostimulants with chemical fertilizers, as it helps optimize nutrient uptake, stimulate robust crop development, and potentially curtail reliance on synthetic fertilizer inputs. This strategy can also lead to less environmental pollution from the excessive use of fertilizers. While biostimulant products may entail a higher upfront investment compared to certain conventional chemical fertilizers, their agronomic and economic advantages—such as higher yields and better profits for farmers—can deliver a superior return on investment in the long run. For instance, a study published by the Italian Journal of Agronomy on durum wheat revealed that the application of biostimulants can considerably enhance key morpho-physiological parameters and grain yield while offering the potential to reduce dependence on synthetic nitrogen fertilizers. Therefore, the advantages above are likely to promote the reliance on biostimulants and subsequently propel the biostimulants market expansion in the upcoming years.

Biostimulants Market Report Segmentation Analysis

Key segments that contributed to the derivation of the biostimulants market analysis are product type, mode of application, and crop type.

• Based on product type, the biostimulants market is segmented into humic substances, amino acids, microbial stimulants, seaweed extracts, and others. The seaweed extracts segment held the largest share of the global biostimulants market in 2024.
•  By mode of application, the biostimulants market is segmented into foliar spray, seed treatment, and soil application. The foliar spray segment held the largest share in the biostimulants market in 2024.
• In terms of crop type, the biostimulants market is segmented into cereals and grains, oilseeds and pulses, fruits and vegetables, turf and landscapes, and others. The cereals and grains segment held the largest share of the biostimulants market in 2024.

Biostimulants Market Share Analysis by Geography

The geographical scope of the biostimulants market report is divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America. The biostimulants market in Asia Pacific is expected to grow significantly during the forecast period.

The biostimulants market in Asia Pacific is prominent due to growing awareness among farmers and mounting food demand due to the increasing population. An increase in the demand for agricultural products and the growing need for organic produce are expected to boost the consumption of biostimulants in the Asia Pacific region, especially in China, Japan, and India. Given their competitive and increasing agriculture sector, these Asian countries determine a high product consumption rate. Manufacturers in various Asia Pacific countries are developing unique products with superior efficiency and low toxicity levels. For example, in 2021, Sea6 Energy, Bengaluru, an India-based startup company, had the country's first patent on a biostimulants product. The company also has many exclusive products derived from red seaweeds.

As consumers are gaining more awareness about the benefits of diet on health, the popularity of organic foods has surged. The awareness leads to the increasing use of organic fertilizers, replacing conventional farming methods that rely heavily on chemical fertilizers. Biostimulants have an essential role in enhancing nutrition efficiency and abiotic stress tolerance. Thus, the demand for biostimulants in organic farming is expected to boost the market in the region.

Biostimulants Market Report Scope

Biostimulants Market News and Recent Developments

The biostimulants market is evaluated by gathering qualitative and quantitative data post-primary and secondary research, which includes important corporate publications, association data, and databases. A few of the key developments in the biostimulants market are as follows:

• UPL AgroSolutions Canada has launched its Wave biostimulant in Canada, following registration by the Canadian Food Inspection Agency. (Source: UPL Ltd, Press Release, January 2023)
• IntraCrop's biostimulant technology featured in National Geographic's Czech edition, proving to increase crop yields by up to 15% under reduced fertiliser use. (Source: IntraCrop's, Press Release, November 2024)

Biostimulants Market Report Coverage and Deliverables

The "Biostimulants Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:

• Biostimulants market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
• Biostimulants market trends, as well as market dynamics such as drivers, restraints, and key opportunities
• Detailed Porter's Five Forces and SWOT analysis
• Biostimulants market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
• Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the biostimulants market
• Detailed company profiles