The global biostimulants market was valued at USD 4.03 billion in 2024. It is expected to expand from USD 4.47 billion in 2025 to USD 9.75 billion by 2032, reflecting a compound annual growth rate (CAGR) of 11.80% throughout the forecast period. Europe led the global biostimulants market with a share of 38.95% in 2024.

The U.S. biostimulants market is anticipated to experience strong growth, with projections estimating it will reach USD 1.46 billion by 2032. This growth is largely fueled by increased research and development activities by major industry players and innovations in agricultural technologies.

Biostimulants refer to substances or microorganisms applied to plants with the aim of improving crop quality, enhancing nutrient uptake, and increasing tolerance to environmental stresses. Rising interest in organic farming, growing environmental and climate-related concerns, and the global emphasis on sustainable agriculture are among the key factors driving market growth.

Information Source: https://www.fortunebusinessinsights.com/industry-reports/biostimulants-market-100414

Segmentation:

Non-Microbial Biostimulants to Lead Due to Unique Bioactive Components

Based on the source, the market is divided into microbial and non-microbial biostimulants.

The non-microbial segment holds the largest share and is expected to maintain this position due to its effectiveness in improving crops’ physiological and biochemical characteristics. These biostimulants include various active compounds like humic acids, inorganic substances, seaweed extracts, and biopolymers.

Seaweed Extracts to Command the Market Due to Rich Elicitor Content

In terms of active ingredients, the market includes humic substances, seaweed extracts, microbial amendments, vitamins and amino acids, and others.

Humic substances, which include humic and fulvic acids, are extensively used by growers and are known to cause positive changes in root system structure.

Foliar Application to be the Leading Method Due to Superior Effectiveness

By application method, the market is segmented into seed treatment, foliar application, and soil treatment.

Foliar application holds the highest market share because of its superior ability to enhance plant health and performance efficiently.

Row Crops to Hold Dominance Due to High Cultivation Rates

The crop type segment includes turf and ornamentals, row crops, fruits and vegetables, and others.

Row crops—comprising cereals, fiber crops, oilseeds, and pulses—are anticipated to remain the most dominant, given their extensive cultivation worldwide. Major crops include cotton, soybean, sunflower, and others.

Regionally, the market is studied across North America, Europe, Asia Pacific, South America, and the Middle East & Africa.