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North America Biostimulants Market By Active Ingredients (Fulvic Acid, Protein Hydrolysates, Seaweed Extracts, Amino Acid, Humic Acid, And Others), By Application (Seed, Foliar, Soil), By Crop Type (Fruits & Vegetables, Cereals & Oilseeds, Turfs & Ornaments, And Others) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecast (2022 to 2027).

Published: January, 2022
ID: 1295
Pages: 145

North America Biostimulants Market Size 2022 - 2027:

North America Biostimulants Market was worth USD 392.79 million in 2021 and estimated to be growing at a CAGR of 11.29%, to reach USD 750.66 million by 2026. Biostimulants promote plant development in a number of established ways throughout the crop lifespan, from seed sprouting to crop maturity. They enhance the plant’s capability to integrate nutrients and properly grow.

Biostimulants improve soil quality and enhance product quality, thereby generating better profits for crop cultivators and providing healthier foods for customers. Healthy soil grasps water more effectively and is more resilient to erosion. Biostimulants also help in tackling some of the most important challenges that world agriculture currently faces.

North America Biostimulants Market Drivers:

The growth of the North America Biostimulants market is majorly due to factors such as growing awareness among farmers, mounting food demand due to an increasing population, and government subsidies. Biostimulants are gaining increasing importance in the agriculture sector due to their environmental-friendly and organic character. However, factors such as volatile economies and high R&D costs involved in this field are impeding the growth of the market in this region.

NORTH AMERICA BIOSTIMULANTS MARKET REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2021 – 2026

Base Year

2020

Forecast Period

2022 - 2027

CAGR

11.29%

Segments Covered

  • By Active Ingredients

  • By Application

  • By Crop Type

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

  • US
  • Canada

Market Leaders Profiled

BASF SE, Biostadt India Limited, Valagro SpA, Novozymes A/S, Biolchim SpA, Isagro SpA, and Koppert B.V.

Market Segmentation:

North America Biostimulants Market – By Active Ingredients:

  • Fulvic Acid

  • Protein Hydrolysates
  • Seaweed Extracts
  • Amino Acid
  • Humic Acid
  • Others

In this segment, humic acids and fulvic acids lead the market for Biostimulants, accounting for more than 30% of the market.

North America Biostimulants Market – By Application:

  • Seed
  • Foliar
  • Soil

The foliar technique of application is the most favored for biostimulant supply, as it delivers ingredients in a much more direct manner when compared to the others.

North America Biostimulants Market – By Crop Type:

  • Fruits & Vegetables
  • Cereals & Oilseeds
  • Turfs & Ornaments
  • Others

Cereals & Oilseeds lead the market on the basis of Crop Type and this trend is expected to remain the same during the forecast period.

Geographical Analysis:

The North America market has been geographically segmented into segmented into

  • US
  • Canada

The growth of the market in this region is reinforced by the increasing demand to step up the output of food crops such as oilseeds and sugarcane, which have various applications such as feed, fuel, and other industrial uses. Biostimulants not only boost crop growth during severe conditions in these regions but also increase crop return and quality. Farmers in this region prefer biostimulants instead of synthetic stimulants, as the former not only enhances crop yield but also improves land fertility, while the latter may damage land fertility at the price of enhancing crop yield.

Key Players:

Important strategies such as product expansions and investments have been implemented by the key players in the biostimulants industry. These companies are improving their capabilities by diversifying their commercial operations across high-growth markets with efficient distribution systems. The major companies dominating the Biostimulants market in this region are BASF SE, Biostadt India Limited, Valagro SpA, Novozymes A/S, Biolchim SpA, Isagro SpA, and Koppert B.V.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

1.3 Base Currency, Base Year and Forecast Periods  

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                              

                2.2 Research Phases                      

                                2.2.1 Secondary Research            

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling     

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                      

                3.1 Executive Summary                

                3.2 Key Inferences                         

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)           

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market               

5. Market Segmentation                                              

                5.1 By Active Ingredients                             

                                5.1.1 Fulvic Acid               

                                5.1.2 Protein Hydrolysates          

                                5.1.3 Seaweed Extracts

                                5.1.4 Amino Acid             

                                5.1.5 Humic Acid             

                                5.1.6 Others      

                5.2 By Application                           

                                5.2.1 Seed          

                                5.2.2 Foliar         

                                5.2.3 Soil             

                5.3 By Crop Type                             

                                5.3.1 Fruits & Vegetables            

                                5.3.2 Cereals & Oilseeds              

                                5.3.3 Turfs & Ornaments             

                                5.3.4 Others      

6. Geographical Analysis                                              

                6.1 Introduction                              

                6.2 United States                            

                6.3 Canada                         

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental      

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

       7.2.4 Threat of Substitute Products and Services

      7.2.5 Competitive Rivalry within the Industry      

8. Market Leaders' Analysis                                        

                8.1 BASF SE                        

                                8.1.1 Overview

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Biostadt India Limited                            

                8.3 Valagro SpA               

                8.4 Novozymes A/S                        

                8.5 Biolchim SpA                             

                8.6 Isagro SpA                  

                8.7 Koppert B.V               

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                        

                9.3 Agreements, collaborations and Joint Ventures  

                9.4 New Product Launches                          

10. Market Outlook & Investment Opportunities                               

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  1. North America Biostimulants Market By Region, From 2022 - 2027(USD million)
  2. North America Biostimulants Market By Active Ingredients , From 2022 - 2027(USD million)
  3. North America Fulvic Acid Market By Region, From 2022 - 2027(USD million)
  4. North America Protein Hydrolysates Market By Region, From 2022 - 2027(USD million)
  5. North America Seaweed Extracts Market By Region, From 2022 - 2027(USD million)
  6. North America Amino Acid Market By Region, From 2022 - 2027(USD million)
  7. North America Humic Acid Market By Region, From 2022 - 2027(USD million)
  8. North America Other active ingredients Market By Region, From 2022 - 2027(USD million)
  9. North America Biostimulants Market By Application, From 2022 - 2027(USD million)
  10. North America Seed Market By Region, From 2022 - 2027(USD million)
  11. North America Foliar Market By Region, From 2022 - 2027(USD million)
  12. North America Soil Market By Region, From 2022 - 2027(USD million)
  13. North America Biostimulants Market By Crop Type , From 2022 - 2027(USD million)
  14. North America Fruits & Vegetables Market By Region, From 2022 - 2027(USD million)
  15. North America Cereals & Oilseeds Market By Region, From 2022 - 2027(USD million)
  16. North America Turfs & Ornaments Market By Region, From 2022 - 2027(USD million)
  17. North America Other Crops Market By Region, From 2022 - 2027(USD million)
  18. United States Biostimulants Market By Active Ingredients , From 2022 - 2027(USD million)
  19. United States Biostimulants Market By Application, From 2022 - 2027(USD million)
  20. United States Biostimulants Market By Crop Type , From 2022 - 2027(USD million)
  21. Canada Biostimulants Market By Active Ingredients , From 2022 - 2027(USD million)
  22. Canada Biostimulants Market By Application, From 2022 - 2027(USD million)
  23. Canada Biostimulants Market By Crop Type , From 2022 - 2027(USD million)

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