The Europe biostimulants market is set to project a CAGR of 12.43% in terms of revenue and 11.54% in terms of volume during the forecast period, 2021-2028. The extensive use of biostimulants and favorable government initiatives are among the key factors propelling market growth. The Europe biostimulants market growth analysis includes the evaluation of France, Poland, Italy, Germany, Belgium, Russia, the United Kingdom, and the rest of Europe.

EUROPE BIOSTIMULANTS MARKET FORECAST 2021-2028

Europe Biostimulants Market by Type (Acid-based (Humic Acid, Fulvic Acid, Amino Acid), Extract-based (Seaweed Extracts, Other Plant Extracts), Others (B-vitamins, Chitin & Chitosan, Microbial Soil Amendments)) by Crop Type (Row Crops & Cereals, Fruits & Vegetables, Turf & Ornamentals, Other Crops) by Application (Foliar, Soil, Seed) and by Geography

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Report Summary

The Europe biostimulants market is set to project a CAGR of 12.43% in terms of revenue and 11.54% in terms of volume during the forecast period, 2021-2028. The extensive use of biostimulants and favorable government initiatives are among the key factors propelling the market growth.

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The Europe biostimulants market growth analysis includes the evaluation of France, Poland, Italy, Germany, Belgium, Russia, the United Kingdom, and the rest of Europe. In the United Kingdom, biostimulants fall under the fertilizer category and thus face fewer hassles in their direct launch to the market. This is the primary driver of market growth in the UK, along with the growing usage of biostimulants to boost productivity, volatile prices of fertilizers, and the presence of new products. The government is also involved actively, by promoting awareness among consumers. Among the diversified biostimulants, the amino acid is set to witness a double-digit growth rate during the forecast period. Such factors drive the market growth in the UK.

Russia possesses high potential for market growth in terms of agrochemical usage and agricultural production. This is because almost 30% of the cultivated land remains untreated and unprotected in the country. Also, the government has extended its support for the sectorial growth of agriculture. Moreover, the country houses key companies active in the biostimulant market. Such factors are set to benefit market growth in Russia.

Micromix Plant Health Ltd is primarily engaged in the manufacture of foliar-applied fertilizers and micronutrients. The company also provides adjuvants, biostimulants, spraying aids, and additives. The company has a fair share in the UK micronutrient market, apart from the international presence. It is located in Langar, Nottinghamshire.

 

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    Table of Contents

    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • MARKET OVERVIEW
    3. MARKET DYNAMICS
      • MARKET DEFINITION
      •    KEY DRIVERS
        • INCREASING DEMAND FOR ORGANIC FOOD
        • BENEFITS SUCH AS HIGHER YIELDS AND PRODUCTIVITY
        • RISING TRENDS IN SUSTAINABLE FARMING METHODS
      •    KEY RESTRAINTS
        • LOW AWARENESS
        • LACK OF REGULATORY STANDARDISATION
        • LOWER INNOVATION IN PRODUCT DEVELOPMENT
    1. KEY ANALYTICS
      • IMPACT OF COVID-19 ON BIOSTIMULANTS MARKET
      • KEY INVESTMENT INSIGHTS
      •    PORTER’S FIVE FORCE ANALYSIS
        • BUYER POWER
        • SUPPLIER POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
      • REGULATORY FRAMEWORK
    2. MARKET BY TYPE (VALUE IN $ MILLION & VOLUME IN THOUSAND HECTARES)
      • ACID-BASED
        • HUMIC ACID
        • FULVIC ACID
        • AMINO ACID
      • EXTRACT-BASED
        • SEAWEED EXTRACTS
        • OTHER PLANT EXTRACTS
      • OTHERS
        • B-VITAMINS
        • CHITIN & CHITOSAN
        • MICROBIAL SOIL AMENDMENTS
    1. MARKET CROP TYPE (VALUE IN $ MILLION & VOLUME IN THOUSAND HECTARES)
      • ROW CROPS & CEREALS
      • FRUITS & VEGETABLES
      • TURF & ORNAMENTALS
      • OTHER CROPS
    2. MARKET BY APPLICATION (VALUE IN $ MILLION & VOLUME IN THOUSAND HECTARES)
      • FOLIAR
      • SOIL
      • SEED
    3. GEOGRAPHICAL ANALYSIS (VALUE IN $ MILLION & VOLUME IN THOUSAND HECTARES)
      •    EUROPE
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        •    COUNTRY ANALYSIS
          • UNITED KINGDOM
          • GERMANY
          • FRANCE
          • ITALY
          • RUSSIA
          • BELGIUM
          • POLAND
          • REST OF EUROPE
    1. COMPETITIVE LANDSCAPE
      •    KEY STRATEGIC DEVELOPMENTS
        • MERGER & ACQUISITIONS
        • PRODUCT LAUNCH & DEVELOPMENTS
        • PARTNERSHIP, CONTRACT/AGREEMENT & COLLABORATION
        • BUSINESS EXPANSION
      •    COMPANY PROFILES
        • EASTMAN CHEMICAL COMPANY
        • ARYSTA LIFESCIENCE CORPORATION
        • ISAGRO SPA
        • LALLEMAND PLANT CARE
        • AGRINOS AS
        • BRANDT CONSOLIDATED INC
        • ITALPOLLINA SPA
        • KOPPERT BV
        • MICROMIX PLANT HEALTH LTD
        • OMEX AGRIFLUIDS LTD
        • TRADECORP INTERNATIONAL
        • VALAGRO SPA
        • AGROENZYMAS GROUP
        • VERDESIAN LIFE SCIENCES
        • MICROBIAL DISCOVERY GROUP

     

    LIST OF TABLES

    TABLE 1: MARKET SNAPSHOT – BIOSTIMULANTS

    TABLE 2: REGULATORY FRAMEWORK

    TABLE 3: EUROPE BIOSTIMULANTS MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 4: EUROPE BIOSTIMULANTS MARKET, BY TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 5: EUROPE BIOSTIMULANTS MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN THOUSAND HECTARES)

    TABLE 6: EUROPE BIOSTIMULANTS MARKET, BY TYPE, FORECAST YEARS, 2021-2028 (IN THOUSAND HECTARES)

    TABLE 7: EUROPE BIOSTIMULANTS MARKET, BY ACID-BASED, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 8: EUROPE BIOSTIMULANTS MARKET, BY ACID-BASED, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 9: EUROPE BIOSTIMULANTS MARKET, BY ACID-BASED, HISTORICAL YEARS, 2016-2020 (IN THOUSAND HECTARES)

    TABLE 10: EUROPE BIOSTIMULANTS MARKET, BY ACID-BASED, FORECAST YEARS, 2021-2028 (IN THOUSAND HECTARES)

    TABLE 11: EUROPE BIOSTIMULANTS MARKET, BY EXTRACT-BASED, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 12: EUROPE BIOSTIMULANTS MARKET, BY EXTRACT-BASED, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 13: EUROPE BIOSTIMULANTS MARKET, BY EXTRACT-BASED, HISTORICAL YEARS, 2016-2020 (IN THOUSAND HECTARES)

    TABLE 14: EUROPE BIOSTIMULANTS MARKET, BY EXTRACT-BASED, FORECAST YEARS, 2021-2028 (IN THOUSAND HECTARES)

    TABLE 15: EUROPE BIOSTIMULANTS MARKET, BY OTHERS, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 16: EUROPE BIOSTIMULANTS MARKET, BY OTHERS, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 17: EUROPE BIOSTIMULANTS MARKET, BY OTHERS, HISTORICAL YEARS, 2016-2020 (IN THOUSAND HECTARES)

    TABLE 18: EUROPE BIOSTIMULANTS MARKET, BY OTHERS, FORECAST YEARS, 2021-2028 (IN THOUSAND HECTARES)

    TABLE 19: EUROPE BIOSTIMULANTS MARKET, BY CROP TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 20: EUROPE BIOSTIMULANTS MARKET, BY CROP TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 21: EUROPE BIOSTIMULANTS MARKET, BY CROP TYPE, HISTORICAL YEARS, 2016-2020 (IN THOUSAND HECTARES)

    TABLE 22: EUROPE BIOSTIMULANTS MARKET, BY CROP TYPE, FORECAST YEARS, 2021-2028 (IN THOUSAND HECTARES)

    TABLE 23: EUROPE BIOSTIMULANTS MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 24: EUROPE BIOSTIMULANTS MARKET, BY APPLICATION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 25: EUROPE BIOSTIMULANTS MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN THOUSAND HECTARES)

    TABLE 26: EUROPE BIOSTIMULANTS MARKET, BY APPLICATION, FORECAST YEARS, 2021-2028 (IN THOUSAND HECTARES)

    TABLE 27: EUROPE BIOSTIMULANTS MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 28: EUROPE BIOSTIMULANTS MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 29: EUROPE BIOSTIMULANTS MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN THOUSAND HECTARES)

    TABLE 30: EUROPE BIOSTIMULANTS MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN THOUSAND HECTARES)

    LIST OF FIGURES 

    FIGURE 1: KEY INVESTMENT INSIGHTS

    FIGURE 2: PORTER’S FIVE FORCE ANALYSIS

    FIGURE 3: OPPORTUNITY MATRIX

    FIGURE 4: VENDOR LANDSCAPE

    FIGURE 5: EUROPE BIOSTIMULANTS MARKET, GROWTH POTENTIAL, BY TYPE, IN 2020

    FIGURE 6: EUROPE BIOSTIMULANTS MARKET, BY ACID-BASED, 2021-2028 (IN $ MILLION)

    FIGURE 7: EUROPE BIOSTIMULANTS MARKET, GROWTH POTENTIAL, BY ACID-BASED, IN 2020

    FIGURE 8: EUROPE BIOSTIMULANTS MARKET, BY HUMIC ACID, 2021-2028 (IN $ MILLION)

    FIGURE 9: EUROPE BIOSTIMULANTS MARKET, BY FULVIC ACID, 2021-2028 (IN $ MILLION)

    FIGURE 10: EUROPE BIOSTIMULANTS MARKET, BY AMINO ACID, 2021-2028 (IN $ MILLION)

    FIGURE 11: EUROPE BIOSTIMULANTS MARKET, BY EXTRACT-BASED, 2021-2028 (IN $ MILLION)

    FIGURE 12: EUROPE BIOSTIMULANTS MARKET, GROWTH POTENTIAL, BY EXTRACT-BASED, IN 2020

    FIGURE 13: EUROPE BIOSTIMULANTS MARKET, BY SEAWEED EXTRACTS, 2021-2028 (IN $ MILLION)

    FIGURE 14: EUROPE BIOSTIMULANTS MARKET, BY OTHER PLANT EXTRACTS, 2021-2028 (IN $ MILLION)

    FIGURE 15: EUROPE BIOSTIMULANTS MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)

    FIGURE 16: EUROPE BIOSTIMULANTS MARKET, GROWTH POTENTIAL, BY OTHERS, IN 2020

    FIGURE 17: EUROPE BIOSTIMULANTS MARKET, BY B-VITAMINS, 2021-2028 (IN $ MILLION)

    FIGURE 18: EUROPE BIOSTIMULANTS MARKET, BY CHITIN & CHITOSAN, 2021-2028 (IN $ MILLION)

    FIGURE 19: EUROPE BIOSTIMULANTS MARKET, BY MICROBIAL SOIL AMENDMENTS, 2021-2028 (IN $ MILLION)

    FIGURE 20: EUROPE BIOSTIMULANTS MARKET, GROWTH POTENTIAL, BY CROP TYPE, IN 2020

    FIGURE 21: EUROPE BIOSTIMULANTS MARKET, BY ROW CROPS & CEREALS, 2021-2028 (IN $ MILLION)

    FIGURE 22: EUROPE BIOSTIMULANTS MARKET, BY FRUITS & VEGETABLES, 2021-2028 (IN $ MILLION)

    FIGURE 23: EUROPE BIOSTIMULANTS MARKET, BY TURF & ORNAMENTALS, 2021-2028 (IN $ MILLION)

    FIGURE 24: EUROPE BIOSTIMULANTS MARKET, BY OTHER CROPS, 2021-2028 (IN $ MILLION)

    FIGURE 25: EUROPE BIOSTIMULANTS MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2020

    FIGURE 26: EUROPE BIOSTIMULANTS MARKET, BY FOLIAR, 2021-2028 (IN $ MILLION)

    FIGURE 27: EUROPE BIOSTIMULANTS MARKET, BY SOIL, 2021-2028 (IN $ MILLION)

    FIGURE 28: EUROPE BIOSTIMULANTS MARKET, BY SEED, 2021-2028 (IN $ MILLION)

    FIGURE 29: EUROPE BIOSTIMULANTS MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

    FIGURE 30: UNITED KINGDOM BIOSTIMULANTS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 31: GERMANY BIOSTIMULANTS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 32: FRANCE BIOSTIMULANTS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 33: ITALY BIOSTIMULANTS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 34: RUSSIA BIOSTIMULANTS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 35: BELGIUM BIOSTIMULANTS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 36: POLAND BIOSTIMULANTS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 37: REST OF EUROPE BIOSTIMULANTS MARKET, 2021-2028 (IN $ MILLION)

    Segmentation

    1. GEOGRAPHICAL ANALYSIS (VALUE IN $ MILLION & VOLUME IN THOUSAND HECTARES)
      •    EUROPE
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        •    COUNTRY ANALYSIS
          • UNITED KINGDOM
          • GERMANY
          • FRANCE
          • ITALY
          • RUSSIA
          • BELGIUM
          • POLAND
          • REST OF EUROPE
    1. MARKET BY TYPE (VALUE IN $ MILLION & VOLUME IN THOUSAND HECTARES)
      • ACID-BASED
        • HUMIC ACID
        • FULVIC ACID
        • AMINO ACID
      • EXTRACT-BASED
        • SEAWEED EXTRACTS
        • OTHER PLANT EXTRACTS
      • OTHERS
        • B-VITAMINS
        • CHITIN & CHITOSAN
        • MICROBIAL SOIL AMENDMENTS
    1. MARKET CROP TYPE (VALUE IN $ MILLION & VOLUME IN THOUSAND HECTARES)
      • ROW CROPS & CEREALS
      • FRUITS & VEGETABLES
      • TURF & ORNAMENTALS
      • OTHER CROPS
    2. MARKET BY APPLICATION (VALUE IN $ MILLION & VOLUME IN THOUSAND HECTARES)
      • FOLIAR
      • SOIL
      • SEED

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