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PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1627900

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PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1627900

Europe Biostimulants Market - Forecasts from 2025 to 2030

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The European Biostimulants market is expected to grow at a compound annual growth rate (CAGR) of 8.00% from US$ 1,589.488 million in 2025 to US$ 2,335.970 million in 2030

Agricultural biostimulants are mixtures of various chemicals, substances, and microorganisms used in soils or plants to increase crop quality, vigor, productivity, and sensitivity to abiotic stress. The biostimulant demand in Europe is rising due to farmers' increasing readiness to employ sustainable farming practices rather than rely on chemical inputs in agriculture. This trend is further supported by increased consumer awareness of the impact of conventional farming on the environment and the advantages of organic produce. Therefore, biostimulants are being recognized not only for their effectiveness in enhancing crop performance but also for their role in promoting ecological sustainability, making them an integral component of modern agricultural practices.

Further, in May 2023, Yara International announced that it would construct a new worldwide manufacturing facility for biostimulants and specialist crop nutrition products in Yorkshire, UK, which would further propel the sales of the company's plant biostimulants under its "YaraVita" brand. Additionally, in July 2023, a new line of biostimulant chemicals was introduced in the UK for use in agriculture, horticulture, forestry, turf, and amenities, according to Bionema Group Ltd., a leading developer and manufacturer of biocontrol technology.

A major driver of the European biostimulants market is the increase in the region's agricultural output and consumption of agricultural products. The EU's food consumption increased significantly, with about a 3.9% increase in the consumption of wheat and barley. The increase in regional food exports also pushes the demand for increased agricultural production. According to the EU Agriculture and Rural Development, the EU's food exports reached about US$ 242 billion in 2023, increasing about 22% or about US$ 75 billion from 2022.

Europe's biostimulants market is estimated to grow at a moderate rate. Researchers, businesses, and farmers are becoming increasingly intrigued by the idea of combining organically produced products with other eco-friendly materials that ensure increased plant quality and production. Hence, the demand for biostimulants in agricultural practices will also gain significant traction over the years.

Europe Biostimulants market drivers

  • Rise in organic farming practices is projected to propel the Europe biostimulants market expansion.

Biostimulants are utilized to increase flowering, plant growth, fruit development, crop production, and nutrient usage efficiency (NUE), as well as their ability to increase resistance to various abiotic stresses. This makes it a promising and environmentally beneficial innovation. To find new bioactive substances and advantageous microorganisms and to better understand how biostimulants might improve crop performance and quality for organic farming under a variety of growing situations, an increasing amount of research has been conducted by biostimulant companies and their partners.

The organic farming method witnessed a major increase in the United Kingdom. The nation's Department of Environment & Rural Affairs stated that the nation's agricultural farming industry witnessed a major change towards the organic farming process. In the nation, in 2021, about 285.4 thousand hectares of farming land was used for fully organic farming, which increased to about 292.7 thousand hectares in 2022. The department also stated that in 2022, the nation had about 16,912 thousand hectares of agricultural land, of which about 40.3 thousand hectares were in conversion, and about 468.3 thousand hectares of land were completely organic.

The rising level of awareness among consumers towards green agriculture techniques has driven up the usage of biostimulants in organic farming across Europe. More and more consumers are beginning to demand green agricultural methods, forcing the farmers to shift to the organic systems. This trend is expected to continue due to stronger environmental restrictions and an increasing emphasis on decreasing chemical pesticide use. Moreover, better formulations of biostimulants in liquid-based and microencapsulated products allow for easier and more efficient application. These innovative products help improve soil health and increase the availability of nutrients to crops, thus promoting healthy crop yields and making organic farming strategies complete. Through these collaborative efforts between government agencies, research organizations, and private enterprises, biostimulants are seen to be taking a promising position in terms of adopting growth in agricultural sectors at sustainable levels.

Europe Biostimulants market geographical outlook

Based on the country, the Europe Biostimulants market is segmented into the United Kingdom, Germany, France, Spain, Italy, and others. The UK biostimulants market is primarily driven by the high prevalence of new products. Additionally, in August 2023, Bionema Group Ltd., a leading UK-based biocontrol technology developer and manufacturer with ten years of research and development, launched a new line of seven biostimulants. These include humic and fulvic substances, seaweed extracts, and other natural ingredients that cover all stages of plant growth with foliar and root application in agriculture, horticulture, forestry, and turf and amenities. Hence, the increasing launch of new products is expected to propel the biostimulants market in the projected period.

Moreover, the biostimulant demand in the UK is fueled by the increased need for agricultural output, a rise in the desire for sustainable agriculture, and strict regulations. The UK takes the initiative in promoting Europe's top priorities for innovation & and smart growth for a bio-based economy. For instance, in August 2023, new funding was made available by the UK government for horticulture and agriculture. More than £14 million will be made available by the UK government to support two brand-new research and feasibility contests. The financing is a component of a £600 million investment over the next three years aimed at increasing efficiency and innovation in the farming industry.

Further, fluctuating fertilizer prices and increased use of biostimulants to increase productivity have also increased the farming income. For instance, as per the 2022 report of the Department for Environment, Food & Rural Affairs. Gov. UK, the average Farm Business Income (FBI) for all UK farm types in 2021/22 was £72,000, up from £46,500 in 2020/21. FBI varies widely, with 41% of UK farms having an FBI of over £50,000 and 10% of farms failing to make a positive FBI in 2021/22.

Owing to these factors, the ongoing trend of adopting biostimulants is going to continue. As awareness grows among consumers and also from the regulatory bodies side about environmental issues, it would be one of the decisive factors shaping the future of agriculture in the UK and throughout Europe. This landscape has an evolving opportunity for market players to innovate new products meeting consumer needs and regulatory standards that are contributing positively to the sustainability of agriculture.

Reasons for buying this report:-

  • Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, other sub- segments.
  • Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
  • Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape up future market developments.
  • Actionable Recommendations: Utilize the insights to exercise strategic decision to uncover new business streams and revenues in a dynamic environment.
  • Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.

What do businesses use our reports for?

Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence

Report Coverage:

  • Historical data & forecasts from 2022 to 2029
  • Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
  • Competitive Positioning, Strategies, and Market Share Analysis
  • Revenue Growth and Forecast Assessment of segments and regions including countries
  • Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)

The European biostimulants market is analyzed into the following segments:

By Active Ingredients

  • Acidic Biostimulants
  • Extract Biostimulants

By Crop Type

  • Vegetables
  • Turfs
  • Ornamentals
  • Row Crops

By Application

  • Foliar
  • Soil
  • Seed

By Country

  • United Kingdom
  • Germany
  • France
  • Spain
  • Italy
  • Others
Product Code: KSI061610684

TABLE OF CONTENTS

1. INTRODUCTION

  • 1.1. Market Overview
  • 1.2. Market Definition
  • 1.3. Scope of the Study
  • 1.4. Market Segmentation
  • 1.5. Currency
  • 1.6. Assumptions
  • 1.7. Base and Forecast Years Timeline
  • 1.8. Key benefits for the stakeholders

2. RESEARCH METHODOLOGY

  • 2.1. Research Design
  • 2.2. Research Process

3. EXECUTIVE SUMMARY

  • 3.1. Key Findings
  • 3.2. Analyst View

4. MARKET DYNAMICS

  • 4.1. Market Drivers
  • 4.2. Market Restraints
  • 4.3. Porter's Five Forces Analysis
    • 4.3.1. Bargaining Power of Suppliers
    • 4.3.2. Bargaining Power of Buyers
    • 4.3.3. Threat of New Entrants
    • 4.3.4. Threat of Substitutes
    • 4.3.5. Competitive Rivalry in the Industry
  • 4.4. Industry Value Chain Analysis

5. EUROPE BIOSTIMULANTS MARKET BY ACTIVE INGREDIENTS

  • 5.1. Introduction
  • 5.2. Acidic Biostimulants
  • 5.3. Extract Biostimulants

6. EUROPE BIOSTIMULANTS MARKET BY CROP TYPE

  • 6.1. Introduction
  • 6.2. Vegetables
  • 6.3. Turfs
  • 6.4. Ornamentals
  • 6.5. Row Crops

7. EUROPE BIOSTIMULANTS MARKET BY APPLICATION

  • 7.1. Introduction
  • 7.2. Foliar
  • 7.3. Soil
  • 7.4. Seed

8. EUROPE BIOSTIMULANTS MARKET BY COUNTRY

  • 8.1. Introduction
  • 8.2. United Kingdom
  • 8.3. Germany
  • 8.4. France
  • 8.5. Spain
  • 8.6. Italy
  • 8.7. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

  • 9.1. Major Players and Strategy Analysis
  • 9.2. Market Share Analysis
  • 9.3. Mergers, Acquisitions, Agreements, and Collaborations
  • 9.4. Competitive Dashboard

10. COMPANY PROFILES

  • 10.1. Hello Nature
  • 10.2. BASF S.E.
  • 10.3. Koppert B.V.
  • 10.4. Isagro S.p.A (Gowan LLC)
  • 10.5. Valagro S.p.A (Syngenta Biologicals)
  • 10.6. Novozymes A/S (Novo Holding A/S)
  • 10.7. Angibaud
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