Market Research Future (Food and Beverages) Global Biostimulants Market Research Report | Page 3

Global Biostimulants Market Research Report - Forecast to 2023
2 Market Overview
A plant biostimulant is biological substance or extracts used as plant supplements with the aim to enhance nutrition
efficiency, abiotic stress tolerance and others, regardless of its nutrients content. Furthermore, plant biostimulants
also designate commercial products containing mixtures of such substances and/or microorganisms.
Biostimulants market by type has been segmented into natural and synthetic, natural biostimulant will dominate the
market as the demand for organic and clean label food product has increased in the recent years. On the basis of
crop type, market is segmented into fruits & vegetables, row crops, turfs & ornaments and others, row crop will
dominate the market and will grow at a CAGR of 10.9%. On basis of application, market is segmented into seed
treatment, foliar treatment, soil treatment. On basis of active ingredients, market is segmented into acid based,
extracts, and others, extract based biostimulants will be highest growing segment during the forecast period. On
basis of acid based ingredients, market is segmented into humic acid, fulvic acid, amino acid. On basis of extract
based ingredients, market is segmented into microbial, plant, seaweed.
Intended Audience:
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Biostimulants manufacturers
Raw material suppliers
End users
Retailers & wholesalers
E-commerce companies
Traders, importers and exporters
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