Biostimulants Helping Farmers Attain High Crop Yield

Biostimulants can be defined as natural or synthetic substances. These are used in seeds, plants, and soil to influence growth. These substances have the potential to alter the vital and structural processes, provide tolerance to abiotic stresses and boost grain or seed yield and quantity.

The global biostimulants market size stood at $3.0 billion in 2021, which is expected to reach $7.81 billion by 2030, advancing at a CAGR of 11.3% during 2021-2030. This is due to the promulgating demand for food coupled with the rising global population and the increasing hunger and malnutrition coupled with adverse climate changes. In addition, the overexploitation of natural resources by human activities, loss of biodiversity, and wastage of food are other factors driving the industry growth.

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Biostimulants also reduce fertilizers requirement. They contain essential plant nutrients, plant protective compounds, and plant growth regulators, due to which plant productivity is improved.

The small concentrations of biostimulants improve nutrition efficiency, crop quality traits, and abiotic stress tolerance. The extent application has these substances perform similar functions as plant hormones, such as gibberellins, auxins, and cytokinins.

Abiotic stress massively impacts plant growth and productivity in modern times. It includes salinity, drought, and extreme temperatures that worldwide cause huge crop losses. Therefore, biostimulants are integrated into production systems to prevent such losses and modify the physiological processes of plants in order to improve productivity.

The precise application of biostimulants in crops alters the physiological processes in such a way as to provide potential benefits, including growth, development, and lessening the impact of toxic and saline elements, and water stress.

Biostimulants are different from conventional phosphorus, nitrogen, and potassium fertilizers. They contain a formula of organic compounds, including seaweed extracts, amino acids, humic acids, ascorbic acid, and other chemicals.

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There are various raw materials used in biostimulant compositions, including algae extracts, hormones, humic acids, and plant-growth-promoting bacteria.

The rising demand for sustainably produced food with higher biologicals concentration, and lesser synthetic chemicals concentration, boost the demand for biostimulants globally. The rising consumer awareness of the advantages of organic foods results in increasing consumption of biostimulants to improve yield.

Amino acids such as fulvic acid and humic acid are widely preferred for seed germination and metabolic processes in plants. It results in rising sales of the products.

The research offers market size of the global biostimulants market for the period 2017-2030.

Market Segmentation by Active Ingredient
• Amino acid
o Humic Acid
o Fulvic Acid
• Seaweed Extract
• Microbial
• Others

Market Segmentation by Application Method
• Seed Treatment
• Soil Treatment
• Foliar Treatment

Market Segmentation by Crop Type
• Turfs and Ornamentals
• Fruits and Vegetables
• Row Crops
• Others

Market Segmentation by Form
• Liquid
• Dry

Market Segmentation by Region
• North America Biostimulants Market
o By active ingredient
o By application method
o By crop type
o By form
o By country - U.S. and Canada

• Europe Biostimulants Market
o By active ingredient
o By application method
o By crop type
o By form
o By country - Germany, U.K., France, Italy, Spain, and Rest of Europe

• Asia-Pacific (APAC) Biostimulants Market
o By active ingredient
o By application method
o By crop type
o By form
o By country - China, India, Japan, Australia, South Korea, and Rest of APAC

• Latin America (LATAM) Biostimulants Market
o By active ingredient
o By application method
o By crop type
o By form
o By country - Brazil, Mexico, and Rest of LATAM

• Middle East and Africa (MEA) Biostimulants Market
o By active ingredient
o By application method
o By crop type
o By form
o By country - Saudi Arabia, South Africa, and Rest of MEA

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