Press Release

Sep, 25 2023

Elevating Crop Health and Yields: Amino Acid-Based Biostimulants Revolutionizing Sustainable Agriculture Practices

The amino acid-based biostimulants market is characterized by its remarkable features, including enhanced nutrient uptake, stress resistance, and improved overall plant health. These biostimulants are predominantly utilized in the agriculture sector, where they reign supreme in the crop nutrition and stress management segment. By supplying plants with vital amino acids and other bioactive compounds, they bolster crop performance, elevate yields, and promote sustainable farming practices. Amino acid-based biostimulants have become indispensable tools for modern agriculture, driving growth in this market segment.

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Data Bridge Market Research analyses that the Global Amino Acid Based Biostimulants Market is growing with a CAGR of 12.5% in the forecast period of 2022 to 2029 and is expected to reach USD 3,217,320.81 thousand by 2029 from USD 1,255,928.51 thousand in 2021. Biostimulants enhance crop resilience by improving stress tolerance and nutrient absorption, enabling plants to better withstand harsh weather conditions, such as drought, extreme temperatures, or excessive rainfall. This adaptability is vital in mitigating the effects of changing climates on agricultural productivity.

Key Findings of the Study

Amino Acid Based Biostimulants Market

Environmental regulations are expected to drive the market's growth rate

Stringent regulations governing the use of chemical fertilizers and pesticides, often due to concerns about environmental pollution and health risks, have prompted a shift towards biostimulants in agriculture. Biostimulants offer a more sustainable and eco-friendly approach to crop management. By reducing reliance on synthetic chemicals, they help mitigate the environmental impact associated with chemical runoff, soil degradation, and contamination of water bodies. This aligns with global efforts to promote environmentally responsible farming practices and protect ecosystems.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014-2019)

Quantitative Units

Revenue in USD Thousand, Volumes in Units, Pricing in USD

Segments Covered

Crop Type (Fruits and Vegetables, Cereals and Grains, Oilseeds and Pulses, Turf and Ornamentals, Other Crops), Application Method (Foliar Treatment, Soil Treatment, Seed Treatment), Form (Liquid, Dry), End User (Farmers, Related Industries, Research Institutes), Origin (Natural Biostimulants, Synthetic Biostimulants), Distribution Channel (Direct, Indirect)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Market Players Covered

OMEX (U.K.), Agrinos (U.S.), Valagro SpA (Italy), Biolchim SPA (Italy), Isagro (Italy), Italpollina S.p.A. (Italy), Haifa Group (Israel), Novozymes (Denmark), ATLÁNTICA AGRICOLA (Brazil), Biostadt India Limited (India), Trade Corporation International (U.S.), MICROMIX (U.K.), Syngenta (Switzerland), Bayer AG (Germany), UPL (India), SICIT Group S.p.A. (Italy), Humintech (Germany), Brandt, Inc. (U.S.), GNP AGROSCIENCES PVT. LTD. (India)

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Segment Analysis:

The global amino acid based biostimulants market is segmented into six notable segments based on crop type, application method, form, origin, end user, and distribution channel. 

  • On the basis of crop type, the global amino acid based biostimulants market is segmented into fruits and vegetables, cereals and grains, turf and ornamentals, oilseeds and pulses, and other crops. In 2022, the fruits and vegetables sector is anticipated to lead the market with a CAGR of 12.9% in the forecast period of 2022 to 2029, primarily driven by the substantial global output of these agricultural products. Farmers are dedicated to meeting the increasing consumer demand for diverse fruits and vegetables.

In 2022, the fruits and vegetables segment of crop type segment is anticipated to dominate the global amino acid based biostimulants market

In 2022, the fruits and vegetables segment is anticipated to lead the market with the CAGR of 12.9% in the forecast period of 2022 to 2029, primarily driven by the substantial global output of these agricultural products. Farmers are dedicated to meeting the increasing consumer demand for diverse fruits and vegetables. Consequently, the high production of fruits and vegetables necessitates the use of numerous biostimulants to achieve enhanced yields, contributing to the heightened demand within this segment.

  • On the basis of application method, the global amino acid based biostimulants market is segmented into foliar treatment, soil treatment, and seed treatment. In 2022, the foliar treatment segment is poised to take precedence in the market with the CAGR of 12.6% in the forecast period of 2022 to 2029. Farmers favor this method because it offers several advantages

In 2022, the foliar treatment segment of application method segment is anticipated to dominate the global amino acid based biostimulants market

 In 2022, the foliar treatment segment is poised to take precedence in the market with the CAGR of 12.6% in the forecast period of 2022 to 2029. Farmers favor this method because it offers several advantages. Biostimulants applied via foliar treatment are readily absorbed by the plant's leaves, resulting in rapid and noticeable effects on the affected plant parts, making it a preferred choice among agricultural practitioners.

  • On the basis of form, the global amino acid based biostimulants market is segmented into liquid and dry. In 2022, the dominance of the liquid segment within the market is anticipated with the CAGR of 12.7% in the forecast period of 2022 to 2029. This is attributed to its ease of soil absorption, which fosters robust root systems, improved stem and foliar growth, and enhanced resilience of crops against abiotic stress factors. Notably, liquid biostimulants offer the advantage of direct application to plants without the need for prior solvent treatment.
  • On the basis of origin, the global amino acid based biostimulants market is segmented into natural and synthetic. In 2022, the natural segment is projected to hold a dominant position in the market with the CAGR of 12.3% in the forecast period of 2022 to 2029. This is attributed to its environmentally friendly nature, with minimal adverse effects on ecosystems. Comprising biostimulants derived from natural resources such as seaweed and plant materials, these products contribute to soil fertility preservation and erosion prevention, aligning with sustainable agricultural practices.
  • On the basis of end user, the global amino acid based biostimulants market is segmented into farmers, related industries, and research institutes. In 2022, the farmers' sector is poised for market dominance with the CAGR of 12.7% in the forecast period of 2022 to 2029. This is attributed to the increased utilization of biostimulants by farmers in substantial quantities to enhance crop yields and growth, meeting the rising demand for organic produce from consumers. Farmers favor biostimulants for their organic farming benefits and safety, as they pose no threat to ecosystem contamination.
  • On the basis of distribution channel, the global amino acid based biostimulants market is segmented into direct and indirect. In 2022, the direct segment is anticipated to take the lead in the market with the CAGR of 12.6% in the forecast period of 2022 to 2029. This is primarily due to the significant demand for biostimulant products from large-scale farming and related industries. These sectors collaborate directly with biostimulant manufacturers, contributing to a substantial share of the market.

Major Players

Data Bridge Market Research recognizes the following companies as the major global amino acid based biostimulants market players in global amino acid based biostimulants market are OMEX (U.K.), Agrinos (U.S.), Valagro SpA (Italy), Biolchim SPA (Italy), Isagro (Italy), Italpollina S.p.A. (Italy), Haifa Group (Israel), Novozymes (Denmark), ATLÁNTICA AGRICOLA (Brazil), Biostadt India Limited (India), Trade Corporation International (U.S.), MICROMIX (U.K.), Syngenta (Switzerland), Bayer AG (Germany).

Amino Acid Based Biostimulants Market

Market Development

  • In July 2019, Bayer AG introduced two innovative biostimulant seed treatments, JumpStart WT and ProStablish WT, into the U.K. agricultural market. These products offer cereal growers the potential to boost their yields by enhancing nutrient and water absorption through improved root development. Bayer AG launched these products in collaboration with Novozyme, strengthening its presence and offerings in the agriculture sector and contributing to the advancement of sustainable farming practices.

Regional Analysis

Geographically, the countries covered in the major global amino acid based biostimulants market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

As per Data Bridge Market Research analysis:

Europe dominates global amino acid based biostimulants market during the forecast period 2022 - 2029

Europe dominates the global amino acid based biostimulants market for substantial growth between 2022 and 2029, driven by increased investments and collaborations within the amino acid-based biostimulants sector. These initiatives are fostering innovation, expanding product portfolios, and enhancing market competitiveness. As the demand for sustainable agricultural practices grows, Europe's focus on biostimulant solutions is expected to yield significant advancements and market expansion, making it a key player in the global biostimulants industry.

North America is expected to dominate global amino acid based biostimulants market during the forecast period 2022 - 2029

In North America, the U.S. takes the lead in the amino acid-based biostimulants market. This dominance is attributed to factors such as increasing disposable incomes and shifting lifestyles driven by rapid urbanization. As urban populations grow and consumer preferences evolve, there's a heightened demand for sustainable agricultural practices and high-quality crops, driving the adoption of amino acid-based biostimulants. The U.S. stands at the forefront of this trend, fostering market growth and innovation.

For more detailed information about the global amino acid based biostimulants market report, click here – https://www.databridgemarketresearch.com/reports/global-amino-acids-based-biostimulants-market


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