Europe Amino Acid Based Biostimulants Market, By Amino Acid Type (Proline, Hydroxyproline, Glycine, Glutamine, Glutamic Acid, Histidine, Lysine, Cysteine, Alanine, Arginine, Tryptophan, Valine, Phenylalanine, Methionine, Asparagine, and Others), Mode of Application (Soil, Foliar, Fertigation, and Others), Source (Bacteria, Fungi, Plants, Algae, and Animal Raw Material), Function (Chelating Agent, Cold Weather Resistance, Plant Development and Pollen Fertility, Growth Stimulation, Anti-Stress, Chlorophyll Precursor, Germination, Hormone Precursor, and Others), Production Method (Hydrolysis, Fermentation, and Synthetic), Crop Type (Oil Seeds, Pulses, Cereals and Grains, Fruits, Vegetables, and Turn and Ornaments) Industry Trends And Forecast to 2029.
Europe Amino Acid Based Biostimulants Market Analysis and Insights
Amino acid based biostimulants comprise a large number of biological materials, microorganisms, and compounds that are specifically added to crops, seeds, or soil to improve plant energy, increase crop yields and minimize plant pressure. These are nutrient additives to enhance plant growth and production. Biostimulants can even be utilized as a substitute for insecticides, pesticides to boost the nutritional value of agricultural products, and others.
The increasing need for sustainable agriculture is vital in escalating market growth. Also, high agricultural production worldwide may fuel amino acid based biostimulants market. Moreover, a rise in new product innovation and an increase in the research and development activities in the market will further create new opportunities for the amino acid based biostimulants market. However, quality issue in manufacturing biostimulants is the major factor that may act as a restraint for the Europe amino acids based biostimulants market, and the high demand for substitute products is expected to challenge the Europe amino acids based biostimulants market in the forecast period.
Data Bridge Market Research analyses that the Europe amino acid based biostimulants market will grow at a CAGR of 12.9% during the forecast period of 2022 to 2029.
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019- 2015)
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Quantitative Units
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Revenue in USD Thousand
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Segments Covered
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By Amino Acid Type (Proline, Hydroxyproline, Glycine, Glutamine, Glutamic Acid, Histidine, Lysine, Cysteine, Alanine, Arginine, Tryptophan, Valine, Phenylalanine, Methionine, Asparagine, and Others), Mode of Application (Soil, Foliar, Fertigation, and Others), Source (Bacteria, Fungi, Plants, Algae, and Animal Raw Material), Function (Chelating Agent, Cold Weather Resistance, Plant Development and Pollen Fertility, Growth Stimulation, Anti-Stress, Chlorophyll Precursor, Germination, Hormone Precursor, and Others), Production Method (Hydrolysis, Fermentation, and Synthetic), Crop Type (Oil Seeds, Pulses, Cereals and Grains, Fruits, Vegetables, and Turn and Ornaments)
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Countries Covered
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Germany, Italy, France, U.K., Spain, Russia, Netherlands, Switzerland, Belgium, Norway, Denmark, Turkey, and the Rest of Europe
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Market Players Covered
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Agrinos, Valagro, Biolchim SPA, Haifa Negev technologies LTD, Atlántica Agricola, Trade Corporation International, Syngenta, Bayer AG, UPL, SICIT Group S.p.A., Humintech, OMEX, Brandt, Inc., MPH, Gowan Company, L.L.C., and Aminocore among others
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Market Definition
Amino acid based biostimulants are developed to help farmers to meet increased agricultural demand on a sustainable basis. Biostimulants boost crop yield and its value, positively affecting farm productivity. Agricultural biostimulant comprises multiple amalgamations of chemicals, substances, and microorganisms added to the plants or soils to boost crop vigor, production, sensitivity to abiotic pressure, and quality. Biostimulants support the growth and production of crops throughout the entire crop life cycle, from seed germination to plant maturity, in a variety of demonstrated ways, such as regulating plant metabolism. Biostimulants are developed for farmers to meet the demand for sustainable agriculture, including quality and improved crop yield, and even for the consumers to meet the demand for organic products to cope with health and safety standards. Thus, investors are increasingly interested in the biostimulant category's significant growth potential.
Biostimulants work via altered mechanisms than fertilizers, regardless of the availability of nutrients in the product. It can vary from crop safety products as they work purely on the plant's productivity and do not have any harmful action against insects or diseases. Plant biostimulation is therefore related to plant health and crop safety. Amino acid biostimulants are obtained mainly by chemical or enzymatic protein hydrolysis, and the type of hydrolysis determines the content of free amino acids and their enantiomeric purity.
Europe Amino Acid Based Biostimulants Market Dynamics
Drivers
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Increasing need for sustainable agriculture
The recent trend indicates increasing adoption of sustainable agriculture owing to rising demand for organic food and rising environmental consciousness across the globe. Biostimulants usage restores soil fertility and provides nourishment to them. Factors such as climatic changes and growing population are creating stress on the agricultural sector to ensure that customers must have sustainable food with good quality.
In the upcoming years, agriculture may meet twin challenges such as feeding a growing Europe population and environmental impact. In order to reduce such challenges, new farming practices are introduced to overcome them. Amino acids based biostimulants are being introduced as one of the promising and innovative methods in the market that helps farmers to produce more food in a sustainable way.
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High demand for organic farming
Over the past years, the interest in organically grown crops has increased worldwide. This is due to the growing interest of consumers as well as scientists in healthier and safer products. People are becoming more health conscious and are more inclined towards the consumption of organic food products. Hence, farmers are adopting organic farming or the horticulture concept, which is different from conventional farming.
Organic farming provides high quality and less contaminated food products which only utilize natural fertilizers, which as a result, enhances people's consumption. Amino acids based biostimulants are one of the most innovative products in organic agriculture, which provide all benefits such as proper growth and nutrition to the plant as well as do not cause any environmental pollution. Organic farms are eco-friendly and do not harm the environment; hence organic farming has been in demand in the recent era, and its demand will be more in the future.
Restraints/Challenges
- Quality issues in manufacturing biostimulants
Recent developments in the agricultural industry include the manufacture of amino acid based biostimulants from natural raw materials, mainly waste streams such as straws and others. Despite multiple benefits, including the ability to enhance crop productivity and soil fertility, there are certain factors that affect crop production for which manufacturers may require investing a huge amount of money.
The main factor that impacts its production is the composition of components such as amino acids, protein hydrolysates, chitin, chitosan, and others. The component of the amino acids based biostimulants product may get affected due to many factors such as growing conditions, location, season, organ, phase of growth, species, and variety. Hence, it leads to variation in crop productivity and may hamper the market’s growth.
- High demand of substitute products
Amino acids based biostimulants are used by farmers to increase the yield and growth of crops. It is being developed with the utilization of different formulations. Applying fertilizers helps to improve quality, crop yields, and tolerance of abiotic stresses.
There are other types of products with the same characteristics which are also available in the market, such as chemical fertilizers, pesticides, and insecticides. Fertilizers are synthetic chemical products provided to plants in order to increase their efficiency and growth. Chemical fertilizers offer many benefits compared to amino acids based biostimulants as it is water soluble and can be easily absorbed into the soil and plant.
Recent Developments
- In July 2019, Bayer AG launched new biostimulant seed treatments in the U.K. market. The products are JumpStart WT and ProStablish WT, which help growers to increase cereal yields. The products are useful as it improves nutrient and water uptake through better rooting. The product has been introduced in the market through its collaboration with Novozyme. With this launch, the company has enhanced its business in the agriculture sector
Europe Amino Acid Based Biostimulants Market Scope
Europe amino acid based biostimulants market is segmented into six notable segments based on amino acid type, mode of application, source, function, production method, and crop type.
The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.
Amino Acid Type
- Proline
- Hydroxyproline
- Glycine
- Glutamine
- Glutamic acid
- Histidine
- Lysine
- Cysteine
- Alanine
- Arginine
- Tryptophan
- Valine
- Phenylalanine
- Methionine
- Asparagine
- Others
On the basis of amino acid type, the Europe amino acid biostimulants market is segmented into proline, hydroxyproline, glycine, glutamine, glutamic acid, histidine, lysine, cysteine, alanine, arginine, tryptophan, valine, phenylalanine, methionine, asparagine, and others.
Mode of Application
- Soil
- Foliar
- Fertigation
- Others
On the basis of mode of application, the Europe amino acid biostimulants market is segmented into soil, foliar, fertigation, and others.
Source
- Bacteria
- Fungi
- Plants
- Algae
- Animal raw material
On the basis of source, the Europe amino acid biostimulants market is segmented into bacteria, fungi, plants, algae, and animal raw material.
Function
- Chelating agent
- Cold weather resistance
- Plant development and pollen fertility
- Growth stimulation
- Anti-stress
- Chlorophyll precursor
- Germination
- Hormone precursor
- Others
On the basis of function, the Europe amino acid biostimulants market is segmented into chelating agent, cold weather resistance, plant development and pollen fertility, growth stimulation, anti-stress, chlorophyll precursor, germination, hormone precursor, and others.
Production Method
- Hydrolysis
- Fermentation
- Synthetic
On the basis of production method, the Europe amino acid biostimulants market is segmented into hydrolysis, fermentation, and synthetic.
Crop Type
- Oil seeds
- Pulses
- Cereals and grains
- Fruits
- Vegetables
- Turn and ornaments
On the basis of crop type, the Europe amino acid biostimulants market is segmented into oil seeds, pulses, cereals and grains, fruits, vegetables, and turn and ornaments.
Europe Amino Acid Based Biostimulants Markets Regional Analysis/Insights
The Europe amino acid based biostimulants market is analyzed, and market size insights and trends are provided based on amino acid type, mode of application, source, function, production method, and crop type, as referenced above.
The countries covered in the Europe amino acid based biostimulants market report are Germany, Italy, France, U.K., Spain, Russia, Netherlands, Switzerland, Belgium, Norway, Denmark, Turkey, and rest of Europe.
In 2022, Russia is expected to dominate in the Europe amino acid based biostimulants market due to growing agricultural practices across the country. Additionally, France is also likely to dominate in the region due to increase in the usage of biostimulants in order to increase the crop yield by providing micro-nutrients to the soil.
The country section of the report also provides individual market impacting factors and changes in regulations in the market that impact the current and future trends of the market. Data points, such as new and replacement sales, country demographics, disease epidemiology, and import-export tariffs, are some of the major pointers used to forecast the market scenario for individual countries. In addition, the presence and availability of European brands, their challenges faced due to high competition from local and domestic brands, and the impact of sales channels are considered while providing forecast analysis of the country data.
Competitive Landscape and Europe Amino Acid Based Biostimulants Market Share Analysis
The competitive Europe amino acid based biostimulants market details the competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points only relate to the company’s focus on the Europe amino acid based biostimulants market.
Some of the major players operating in the Europe amino acid based biostimulants market are Agrinos, Valagro, Biolchim SPA, Haifa Negev technologies LTD, Atlántica Agricola, Trade Corporation International, Syngenta, Bayer AG, UPL, SICIT Group S.p.A., Humintech, OMEX, Brandt, Inc., MPH, Gowan Company, L.L.C., and Aminocore among others.
Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by the DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning grids, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Europe vs. Regional, and Vendor Share Analysis. Please request an analyst call in case of further inquiry.
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