The Biostimulants Market size was valued at USD 3.4 billion in 2022. It is estimated to hit USD 8.2 billion by 2030 and grow at a CAGR of 11.6% over the forecast period of 2023-2030.
Biostimulants are substances that enhance plant growth, improve nutrient uptake, and increase tolerance to abiotic stressors. These products are gaining significant attention in the agricultural industry due to their potential to enhance crop productivity and sustainability. The growth of the biostimulants market is driven by the increasing demand for sustainable agricultural practices and the need to reduce chemical inputs. Biostimulant products offer a promising alternative to traditional fertilizers and pesticides, as they are derived from natural sources and have minimal environmental impact.
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The market for biostimulants is characterized by a wide range of products, including humic substances, seaweed extracts, microbial inoculants, and plant growth-promoting substances. These products are applied to crops through various methods, such as foliar sprays, seed treatments, and soil applications. Each product category offers unique benefits, targeting specific plant growth processes and stress responses.
The biostimulants market is driven by several factors, including the increasing global population, which necessitates higher agricultural productivity, and the growing awareness of the environmental impact of conventional farming practices. Additionally, stringent regulations on chemical inputs in agriculture have further fueled the demand for biostimulant products. However, despite the market's potential, there are challenges that need to be addressed. One major challenge is the lack of standardized regulations and definitions for biostimulants, which can lead to confusion among consumers and hinder market growth.
Drivers
Increasing demand for sustainable agricultural practices
Growing awareness among farmers about the environmental impact of conventional farming practices
Growing awareness among farmers about the environmental impact of conventional farming practices is a significant driving factor for the biostimulant market. This is mainly attributed to the increasing recognition of the detrimental effects that conventional farming methods have on the environment. Farmers are becoming more conscious of the negative consequences such as soil degradation, water pollution, and biodiversity loss associated with the use of synthetic fertilizers and pesticides. As this awareness spreads, farmers are seeking alternative solutions that can mitigate these environmental concerns while still ensuring optimal crop yields. Biostimulants have emerged as a promising solution in this regard.
The shift towards biostimulants is driven by the desire to adopt sustainable agricultural practices that minimize the ecological footprint of farming activities. By utilizing biostimulants, farmers can reduce their reliance on Organic chemicals, thereby reducing the risk of soil and water contamination. Additionally, biostimulants promote soil health and fertility, leading to improved long-term sustainability of agricultural systems. Furthermore, the adoption of biostimulants aligns with the growing consumer demand for environmentally friendly and sustainable food production. Consumers are increasingly concerned about the quality and safety of the food they consume, as well as the environmental impact of its production. By incorporating biostimulants into their farming practices, farmers can meet these evolving consumer preferences, thereby enhancing market competitiveness and profitability.
Restrain
Limited awareness and understanding of biostimulants
Opportunities
Rising demand for organic food
The increasing demand for organic food presents a significant opportunity for the biostimulant market. This growing trend is attributed to various factors, including concerns about health and the environment. Consumers are becoming more conscious of the potential risks associated with conventional farming practices, such as the use of synthetic fertilizers and pesticides. As a result, they are actively seeking out organic alternatives that are produced using natural and sustainable methods.
This shift in consumer behavior has created a favorable environment for the biostimulant market to thrive. One of the key advantages of biostimulants is their ability to enhance nutrient uptake in plants. They improve the efficiency of nutrient absorption, allowing crops to obtain essential elements more effectively. This not only leads to healthier plants but also increases their resistance to diseases and pests. As a result, farmers can achieve higher yields and better-quality produce, meeting the stringent requirements of the organic food market.
Growing demand for seed treatment
Challenges
Lack of standardized regulations governing the use and labeling of biostimulant products
The war has disrupted the supply chain of biostimulants, leading to shortages and increased prices. Ukraine, known for its vast agricultural resources, has been a significant producer of biostimulants. However, due to the conflict, many agricultural areas have been affected, resulting in a decline in the production and availability of these products. The war has also impacted the demand for biostimulants. With the ongoing conflict, farmers in the affected regions have faced numerous challenges, including limited access to resources, damaged infrastructure, and increased insecurity. As a result, the demand for biostimulants has decreased significantly, affecting the overall market.
The recession has posed numerous challenges for biostimulant manufacturers. Firstly, the decrease in consumer spending power has led to a decline in demand for these products. As individuals tighten their budgets, they prioritize essential goods over biostimulants, resulting in reduced sales and revenue for manufacturers. Furthermore, the recession has also affected the availability of capital for biostimulant companies. With financial institutions becoming more cautious in lending, manufacturers face difficulties in securing loans for research and development, expansion, and marketing initiatives. This lack of funding hampers their ability to innovate and compete effectively in the market.
By Active Ingredients
Seaweed Extract
Acid Based
Humic Substances
Microbial
Others
By Crop Type
Row Crops & Cereals
Oilseeds & Pulses
Turf & Ornamentals
Others
By Formulation
Dry
Liquid
By Mode of Application
Foliar Treatment
Seed Treatment
Soil Treatment
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Europe currently dominates the biostimulants market, boasting the largest market share. Firstly, Europe's strong market presence is attributed to its robust agricultural sector. The region has a long-standing tradition of advanced farming practices, coupled with a deep-rooted commitment to sustainable agriculture. European farmers have embraced biostimulants as a means to enhance crop productivity, improve soil health, and mitigate environmental impact. This proactive approach has propelled Europe to the forefront of the biostimulants market. Furthermore, Europe's stringent regulatory framework has played a pivotal role in fostering the growth of the biostimulants industry. The European Union has implemented comprehensive regulations to ensure the safety and efficacy of agricultural inputs, including biostimulants. This commitment to quality control and consumer protection has instilled confidence in both farmers and consumers, driving the demand for biostimulants across the continent.
Moreover, Europe's favorable climate conditions and diverse agricultural landscapes provide an ideal environment for the adoption of biostimulants. The continent's varied climates and soil types offer a wide range of agricultural opportunities, allowing farmers to tailor their biostimulant usage to specific crops and regions. This adaptability has contributed to the widespread adoption of biostimulants throughout Europe, further solidifying its market leadership.
The Asia Pacific region is projected to experience the highest Compound Annual Growth Rate in the biostimulants market during the forecast period. The biostimulants market, which encompasses products that enhance plant growth and development, is anticipated to witness significant growth in the Asia Pacific region. This region, consisting of countries such as China, India, Japan, and Australia, holds immense potential for the biostimulants industry.
Several factors contribute to the expected growth of the biostimulants market in the Asia Pacific region. Firstly, the increasing population in this region has led to a surge in food demand. To meet these growing needs, farmers are seeking innovative solutions to enhance crop productivity and quality. Biostimulants offer a sustainable and environmentally friendly approach to achieving these goals. Furthermore, the Asia Pacific region is characterized by a diverse range of climates and agricultural practices. Biostimulants can be tailored to suit specific environmental conditions, making them highly adaptable and effective in this region. This versatility allows farmers to optimize crop yields and mitigate the impact of adverse weather conditions, such as drought or excessive rainfall. Moreover, the presence of a large number of agricultural land and a significant proportion of the population engaged in farming activities provide a vast market potential for biostimulant manufacturers. The accessibility to agricultural resources and the willingness of farmers to adopt new technologies contribute to the region's growth prospects.
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
The major key players are BASF SE, Koppert B.V., Sapec Agro S.A., FMC Corporation, Isagro Group, Biolchim S.P.A., Novozymes A/S, Platform Specialty Products Corporation, Valagro SpA, Italpollina SAP, Biostadt India Limited, UPL Limited, Koppert, and other key players mentioned in the final report.
In June 2022, FMC Corporation unveiled a fresh brand identity for its Plant Health division.
In June 2022, FMC Corporation, a leading agricultural sciences company, received the prestigious Best Biostimulant Product award at the 2022 World BioProtection Awards for its groundbreaking Accudo® biostimulant.
In May 2022, UPL announced a strategic partnership with Kimitec's MAAVi Innovation Center, aimed at commercializing BioSolutions in North America.
In Dec 2021, Koppert Biological Systems utilize Kaumera as a powerful biostimulant by entering into an agreement with Royal HaskoningDHV and ChainCraft.
| Report Attributes | Details |
| Market Size in 2022 | US$ 3.4 Bn |
| Market Size by 2030 | US$ 8.2 Bn |
| CAGR | CAGR of 11.6% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Active Ingredients (Seaweed Extract, Acid Based, Humic Substances, Microbial, and Others) • By Crop Type (Fruits & Vegetables, Row Crops & Cereals, Oilseeds & Pulses, Turf & Ornamentals, and Others) • By Formulation (Dry and Liquid) • By Mode of Application (Foliar Treatment, Seed Treatment, and Soil Treatment) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]). Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | BASF SE, Koppert B.V., Sapec Agro S.A., FMC Corporation, Isagro Group, Biolchim S.P.A., Novozymes A/S, Platform Specialty Products Corporation, Valagro SpA, Italpollina SAP, Biostadt India Limited, UPL Limited, Koppert |
| Key Drivers | • Increasing demand for sustainable agricultural practices • Growing awareness among farmers about the environmental impact of conventional farming practices |
| Market Restraints | • Limited awareness and understanding of biostimulants |
Ans: The Biostimulants Market was valued at USD 3.4 billion in 2022.
Ans: The expected CAGR of the global Biostimulants Market during the forecast period is 11.6%.
Ans: The Foliar Treatment application segment dominated the Biostimulants Market with a revenue share of about 80.4% in 2022.
Ans: The Europe region dominated the Biostimulants Market with a revenue share of about 39.8% in 2022.
Ans: Row crops & cereals segment dominated the Biostimulants Market with a revenue share of about 63.5% in 2022.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of Russia- Ukraine War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Biostimulants Market Segmentation, By Active Ingredients
8.1 Seaweed Extract
8.2 Acid Based
8.3 Humic Substances
8.4 Microbial
8.5 Others
9. Biostimulants Market Segmentation, By Crop Type
9.1 Fruits & Vegetables
9.2 Row Crops & Cereals
9.3 Oilseeds & Pulses
9.4 Turf & Ornamentals
9.5 Others
10. Biostimulants Market Segmentation, By Formulation
10.1 Dry
10.2 Liquid
11. Biostimulants Market Segmentation, By Mode of Application
11.1 Foliar Treatment
11.2 Seed Treatment
11.3 Soil Treatment
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 North America Biostimulants Market By Country
12.2.2 North America Biostimulants Market By Active Ingredients
12.2.3 North America Biostimulants Market By Crop Type
12.2.4 North America Biostimulants Market By Formulation
12.2.5 North America Biostimulants Market By Mode of Application
12.2.6 USA
12.2.6.1 USA Biostimulants Market By Active Ingredients
12.2.6.2 USA Biostimulants Market By Crop Type
12.2.6.3 USA Biostimulants Market By Formulation
12.2.6.4 USA Biostimulants Market By Mode of Application
12.2.7 Canada
12.2.7.1 Canada Biostimulants Market By Active Ingredients
12.2.7.2 Canada Biostimulants Market By Crop Type
12.2.7.3 Canada Biostimulants Market By Formulation
12.2.7.4 Canada Biostimulants Market By Mode of Application
12.2.8 Mexico
12.2.8.1 Mexico Biostimulants Market By Active Ingredients
12.2.8.2 Mexico Biostimulants Market By Crop Type
12.2.8.3 Mexico Biostimulants Market By Formulation
12.2.8.4 Mexico Biostimulants Market By Mode of Application
12.3 Europe
12.3.1 Eastern Europe
12.3.1.1 Eastern Europe Biostimulants Market By Country
12.3.1.2 Eastern Europe Biostimulants Market By Active Ingredients
12.3.1.3 Eastern Europe Biostimulants Market By Crop Type
12.3.1.4 Eastern Europe Biostimulants Market By Formulation
12.3.1.5 Eastern Europe Biostimulants Market By Mode of Application
12.3.1.6 Poland
12.3.1.6.1 Poland Biostimulants Market By Active Ingredients
12.3.1.6.2 Poland Biostimulants Market By Crop Type
12.3.1.6.3 Poland Biostimulants Market By Formulation
12.3.1.6.4 Poland Biostimulants Market By Mode of Application
12.3.1.7 Romania
12.3.1.7.1 Romania Biostimulants Market By Active Ingredients
12.3.1.7.2 Romania Biostimulants Market By Crop Type
12.3.1.7.3 Romania Biostimulants Market By Formulation
12.3.1.7.4 Romania Biostimulants Market By Mode of Application
12.3.1.8 Hungary
12.3.1.8.1 Hungary Biostimulants Market By Active Ingredients
12.3.1.8.2 Hungary Biostimulants Market By Crop Type
12.3.1.8.3 Hungary Biostimulants Market By Formulation
12.3.1.8.4 Hungary Biostimulants Market By Mode of Application
12.3.1.9 Turkey
12.3.1.9.1 Turkey Biostimulants Market By Active Ingredients
12.3.1.9.2 Turkey Biostimulants Market By Crop Type
12.3.1.9.3 Turkey Biostimulants Market By Formulation
12.3.1.9.4 Turkey Biostimulants Market By Mode of Application
12.3.1.10 Rest of Eastern Europe
12.3.1.10.1 Rest of Eastern Europe Biostimulants Market By Active Ingredients
12.3.1.10.2 Rest of Eastern Europe Biostimulants Market By Crop Type
12.3.1.10.3 Rest of Eastern Europe Biostimulants Market By Formulation
12.3.1.10.4 Rest of Eastern Europe Biostimulants Market By Mode of Application
12.3.2 Western Europe
12.3.2.1 Western Europe Biostimulants Market By Country
12.3.2.2 Western Europe Biostimulants Market By Active Ingredients
12.3.2.3 Western Europe Biostimulants Market By Crop Type
12.3.2.4 Western Europe Biostimulants Market By Formulation
12.3.2.5 Western Europe Biostimulants Market By Mode of Application
12.3.2.6 Germany
12.3.2.6.1 Germany Biostimulants Market By Active Ingredients
12.3.2.6.2 Germany Biostimulants Market By Crop Type
12.3.2.6.3 Germany Biostimulants Market By Formulation
12.3.2.6.4 Germany Biostimulants Market By Mode of Application
12.3.2.7 France
12.3.2.7.1 France Biostimulants Market By Active Ingredients
12.3.2.7.2 France Biostimulants Market By Crop Type
12.3.2.7.3 France Biostimulants Market By Formulation
12.3.2.7.4 France Biostimulants Market By Mode of Application
12.3.2.8 UK
12.3.2.8.1 UK Biostimulants Market By Active Ingredients
12.3.2.8.2 UK Biostimulants Market By Crop Type
12.3.2.8.3 UK Biostimulants Market By Formulation
12.3.2.8.4 UK Biostimulants Market By Mode of Application
12.3.2.9 Italy
12.3.2.9.1 Italy Biostimulants Market By Active Ingredients
12.3.2.9.2 Italy Biostimulants Market By Crop Type
12.3.2.9.3 Italy Biostimulants Market By Formulation
12.3.2.9.4 Italy Biostimulants Market By Mode of Application
12.3.2.10 Spain
12.3.2.10.1 Spain Biostimulants Market By Active Ingredients
12.3.2.10.2 Spain Biostimulants Market By Crop Type
12.3.2.10.3 Spain Biostimulants Market By Formulation
12.3.2.10.4 Spain Biostimulants Market By Mode of Application
12.3.2.11 Netherlands
12.3.2.11.1 Netherlands Biostimulants Market By Active Ingredients
12.3.2.11.2 Netherlands Biostimulants Market By Crop Type
12.3.2.11.3 Netherlands Biostimulants Market By Formulation
12.3.2.11.4 Netherlands Biostimulants Market By Mode of Application
12.3.2.12 Switzerland
12.3.2.12.1 Switzerland Biostimulants Market By Active Ingredients
12.3.2.12.2 Switzerland Biostimulants Market By Crop Type
12.3.2.12.3 Switzerland Biostimulants Market By Formulation
12.3.2.12.4 Switzerland Biostimulants Market By Mode of Application
12.3.2.13 Austria
12.3.2.13.1 Austria Biostimulants Market By Active Ingredients
12.3.2.13.2 Austria Biostimulants Market By Crop Type
12.3.2.13.3 Austria Biostimulants Market By Formulation
12.3.2.13.4 Austria Biostimulants Market By Mode of Application
12.3.2.14 Rest of Western Europe
12.3.2.14.1 Rest of Western Europe Biostimulants Market By Active Ingredients
12.3.2.14.2 Rest of Western Europe Biostimulants Market By Crop Type
12.3.2.14.3 Rest of Western Europe Biostimulants Market By Formulation
12.3.2.14.4 Rest of Western Europe Biostimulants Market By Mode of Application
12.4 Asia-Pacific
12.4.1 Asia Pacific Biostimulants Market By Country
12.4.2 Asia Pacific Biostimulants Market By Active Ingredients
12.4.3 Asia Pacific Biostimulants Market By Crop Type
12.4.4 Asia Pacific Biostimulants Market By Formulation
12.4.5 Asia Pacific Biostimulants Market By Mode of Application
12.4.6 China
12.4.6.1 China Biostimulants Market By Active Ingredients
12.4.6.2 China Biostimulants Market By Crop Type
12.4.6.3 China Biostimulants Market By Formulation
12.4.6.4 China Biostimulants Market By Mode of Application
12.4.7 India
12.4.7.1 India Biostimulants Market By Active Ingredients
12.4.7.2 India Biostimulants Market By Crop Type
12.4.7.3 India Biostimulants Market By Formulation
12.4.7.4 India Biostimulants Market By Mode of Application
12.4.8 Japan
12.4.8.1 Japan Biostimulants Market By Active Ingredients
12.4.8.2 Japan Biostimulants Market By Crop Type
12.4.8.3 Japan Biostimulants Market By Formulation
12.4.8.4 Japan Biostimulants Market By Mode of Application
12.4.9 South Korea
12.4.9.1 South Korea Biostimulants Market By Active Ingredients
12.4.9.2 South Korea Biostimulants Market By Crop Type
12.4.9.3 South Korea Biostimulants Market By Formulation
12.4.9.4 South Korea Biostimulants Market By Mode of Application
12.4.10 Vietnam
12.4.10.1 Vietnam Biostimulants Market By Active Ingredients
12.4.10.2 Vietnam Biostimulants Market By Crop Type
12.4.10.3 Vietnam Biostimulants Market By Formulation
12.4.10.4 Vietnam Biostimulants Market By Mode of Application
12.4.11 Singapore
12.4.11.1 Singapore Biostimulants Market By Active Ingredients
12.4.11.2 Singapore Biostimulants Market By Crop Type
12.4.11.3 Singapore Biostimulants Market By Formulation
12.4.11.4 Singapore Biostimulants Market By Mode of Application
12.4.12 Australia
12.4.12.1 Australia Biostimulants Market By Active Ingredients
12.4.12.2 Australia Biostimulants Market By Crop Type
12.4.12.3 Australia Biostimulants Market By Formulation
12.4.12.4 Australia Biostimulants Market By Mode of Application
12.4.13 Rest of Asia-Pacific
12.4.13.1 Rest of Asia-Pacific Biostimulants Market By Active Ingredients
12.4.13.2 Rest of Asia-Pacific Biostimulants Market By Crop Type
12.4.13.3 Rest of Asia-Pacific Biostimulants Market By Formulation
12.4.13.4 Rest of Asia-Pacific Biostimulants Market By Mode of Application
12.5 Middle East & Africa
12.5.1 Middle East
12.5.1.1 Middle East Biostimulants Market By Country
12.5.1.2 Middle East Biostimulants Market By Active Ingredients
12.5.1.3 Middle East Biostimulants Market By Crop Type
12.5.1.4 Middle East Biostimulants Market By Formulation
12.5.1.5 Middle East Biostimulants Market By Mode of Application
12.5.1.6 UAE
12.5.1.6.1 UAE Biostimulants Market By Active Ingredients
12.5.1.6.2 UAE Biostimulants Market By Crop Type
12.5.1.6.3 UAE Biostimulants Market By Formulation
12.5.1.6.4 UAE Biostimulants Market By Mode of Application
12.5.1.7 Egypt
12.5.1.7.1 Egypt Biostimulants Market By Active Ingredients
12.5.1.7.2 Egypt Biostimulants Market By Crop Type
12.5.1.7.3 Egypt Biostimulants Market By Formulation
12.5.1.7.4 Egypt Biostimulants Market By Mode of Application
12.5.1.8 Saudi Arabia
12.5.1.8.1 Saudi Arabia Biostimulants Market By Active Ingredients
12.5.1.8.2 Saudi Arabia Biostimulants Market By Crop Type
12.5.1.8.3 Saudi Arabia Biostimulants Market By Formulation
12.5.1.8.4 Saudi Arabia Biostimulants Market By Mode of Application
12.5.1.9 Qatar
12.5.1.9.1 Qatar Biostimulants Market By Active Ingredients
12.5.1.9.2 Qatar Biostimulants Market By Crop Type
12.5.1.9.3 Qatar Biostimulants Market By Formulation
12.5.1.9.4 Qatar Biostimulants Market By Mode of Application
12.5.1.10 Rest of Middle East
12.5.1.10.1 Rest of Middle East Biostimulants Market By Active Ingredients
12.5.1.10.2 Rest of Middle East Biostimulants Market By Crop Type
12.5.1.10.3 Rest of Middle East Biostimulants Market By Formulation
12.5.1.10.4 Rest of Middle East Biostimulants Market By Mode of Application
12.5.2. Africa
12.5.2.1 Africa Biostimulants Market By Country
12.5.2.2 Africa Biostimulants Market By Active Ingredients
12.5.2.3 Africa Biostimulants Market By Crop Type
12.5.2.4 Africa Biostimulants Market By Formulation
12.5.2.5 Africa Biostimulants Market By Mode of Application
12.5.2.6 Nigeria
12.5.2.6.1 Nigeria Biostimulants Market By Active Ingredients
12.5.2.6.2 Nigeria Biostimulants Market By Crop Type
12.5.2.6.3 Nigeria Biostimulants Market By Formulation
12.5.2.6.4 Nigeria Biostimulants Market By Mode of Application
12.5.2.7 South Africa
12.5.2.7.1 South Africa Biostimulants Market By Active Ingredients
12.5.2.7.2 South Africa Biostimulants Market By Crop Type
12.5.2.7.3 South Africa Biostimulants Market By Formulation
12.5.2.7.4 South Africa Biostimulants Market By Mode of Application
12.5.2.8 Rest of Africa
12.5.2.8.1 Rest of Africa Biostimulants Market By Active Ingredients
12.5.2.8.2 Rest of Africa Biostimulants Market By Crop Type
12.5.2.8.3 Rest of Africa Biostimulants Market By Formulation
12.5.2.8.4 Rest of Africa Biostimulants Market By Mode of Application
12.6. Latin America
12.6.1 Latin America Biostimulants Market By Country
12.6.2 Latin America Biostimulants Market By Active Ingredients
12.6.3 Latin America Biostimulants Market By Crop Type
12.6.4 Latin America Biostimulants Market By Formulation
12.6.5 Latin America Biostimulants Market By Mode of Application
12.6.6 Brazil
12.6.6.1 Brazil Biostimulants Market By Active Ingredients
12.6.6.2 Brazil Biostimulants Market By Crop Type
12.6.6.3 Brazil Biostimulants Market By Formulation
12.6.6.4 Brazil Biostimulants Market By Mode of Application
12.6.7 Argentina
12.6.7.1 Argentina Biostimulants Market By Active Ingredients
12.6.7.2 Argentina Biostimulants Market By Crop Type
12.6.7.3 Argentina Biostimulants Market By Formulation
12.6.7.4 Argentina Biostimulants Market By Mode of Application
12.6.8 Colombia
12.6.8.1 Colombia Biostimulants Market By Active Ingredients
12.6.8.2 Colombia Biostimulants Market By Crop Type
12.6.8.3 Colombia Biostimulants Market By Formulation
12.6.8.4 Colombia Biostimulants Market By Mode of Application
12.6.9 Rest of Latin America
12.6.9.1 Rest of Latin America Biostimulants Market By Active Ingredients
12.6.9.2 Rest of Latin America Biostimulants Market By Crop Type
12.6.9.3 Rest of Latin America Biostimulants Market By Formulation
12.6.9.4 Rest of Latin America Biostimulants Market By Mode of Application
13 Company Profile
13.1 BASF SE
13.1.1 Company Overview
13.1.2 Financials
13.1.3 Product/ Services Offered
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Koppert B.V.
13.2.1 Company Overview
13.2.2 Financials
13.2.3 Product/ Services Offered
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Sapec Agro S.A.
13.3.1 Company Overview
13.3.2 Financials
13.3.3 Product/ Services Offered
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 FMC Corporation
13.4.1 Company Overview
13.4.2 Financials
13.4.3 Product/ Services Offered
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 Isagro Group
13.5.1 Company Overview
13.5.2 Financials
13.5.3 Product/ Services Offered
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Biolchim S.P.A.
13.6.1 Company Overview
13.6.2 Financials
13.6.3 Product/ Services Offered
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 Novozymes A/S
13.7.1 Company Overview
13.7.2 Financials
13.7.3 Product/ Services Offered
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 Platform Specialty Products Corporation
13.8.1 Company Overview
13.8.2 Financials
13.8.3 Product/ Services Offered
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 Valagro SpA
13.9.1 Company Overview
13.9.2 Financials
13.9.3 Product/ Services Offered
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 Italpollina SAP
13.10.1 Company Overview
13.10.2 Financials
13.10.3 Product/ Services Offered
13.10.4 SWOT Analysis
13.10.5 The SNS View
13.11 Biostadt India Limited
13.11.1 Company Overview
13.11.2 Financials
13.11.3 Product/ Services Offered
13.11.4 SWOT Analysis
13.11.5 The SNS View
13.12 UPL Limited
13.12.1 Company Overview
13.12.2 Financials
13.12.3 Product/ Services Offered
13.12.4 SWOT Analysis
13.12.5 The SNS View
13.13 Koppert
13.13.1 Company Overview
13.13.2 Financials
13.13.3 Product/ Services Offered
13.13.4 SWOT Analysis
13.13.5 The SNS View
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
14.3.1 Industry News
14.3.2 Company News
14.3.3 Mergers & Acquisitions
15. USE Cases and Best Practices
16. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Cold Gas Spray Coating Market size was valued at USD 1.08 billion in 2022. It is expected to grow to USD 1.51 billion by 2030 and grow at a CAGR of 4.3% over the forecast period of 2023-2030.
The Aluminium Market size was USD 160.1 billion in 2022 and is expected to Reach USD 253.25 billion by 2030 and grow at a CAGR of 5.9% over the forecast period of 2023-2030.
The Honeycomb Sandwich Material Market Size was valued at USD 1.58 billion in 2022 and is expected to reach USD 3.28 billion by 2030 and grow at a CAGR of 9.5% over the forecast period 2023-2030.
The Cellulose Acetate Market Size was valued at USD 5.45 billion in 2022, and is expected to reach USD 7.99 billion by 2030, and grow at a CAGR of 4.9% over the forecast period 2023-2030.
The Filled Fluoropolymer Market Size was valued at USD 3.59 billion in 2022, and is expected to reach USD 5.64 billion by 2030, and grow at a CAGR of 5.8% over the forecast period 2023-2030.
The Process Oil Market Size was valued at USD 4.92 billion in 2022, and expected to reach USD 5.99 billion by 2030, and grow at a CAGR of 2.5% over the forecast period 2023-2030.
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