US Biostimulants Market Growth & Organic Report

U.S. Plant Biostimulants Market Size, Share, Industry, Forecast and Outlook (2024-2031)

<h2>U.S. Plant Biostimulants Market is segmented By Ingredient (Acids, Seaweed Extracts, Microbial, Vitamins, Trace Minerals, Others) By Form (Liquid, Granules) By Mode of Application (Foliar, Fertigation, Soil, Others) By Crop Type (Fruits &amp; Vegetables, Others)&nbsp;&ndash; Share, Size, Outlook, and Opportunity Analysis, 2024-2031</h2>

<h3>Market Overview</h3>

<blockquote>
U.S. Plant Biostimulants Market reached US$ 1.4 billion in 2022 and is expected to reach US$ 2.9 billion by 2031, growing with a CAGR of 9.7% during the forecast period 2024-2031.
</blockquote>

Farmers in the U.S region are highly adopting plant biostimulants as they provide good amounts of chemicals, substances, and micro-organisms, they help in enhancing the nutritive uptake of plants and also help in supporting support the growth and production of crops, Therefore, these factors can contribute to the growth of the plant biostimulants market in the United States.

Furthermore, as the demand for biostimulants is increasing, manufacturing companies in this region are producing different products to attract larger consumer bases, for instance, Hello Nature USA, Inc., the company produces Phosphit-One is an innovative plant booster, which stabilizes nutritional imbalances in plants for more robust and vibrant growth, higher yield, and better quality traits of fruits.

The fulvic acid biostimulants segment accounts holds the maximum share in the U.S plant biostimulants market, as they increase the enhancement of the availability of nutrients in the soil, and also help in increasing the quality and productivity of crops, Hence, such factors can help in driving the U.S plant biostimulants market growth.

<h3>Market Scope</h3>

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			Metrics
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			Details
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			CAGR
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			9.7%
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			Size Available for Years
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			2022-2031
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			Forecast Period
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			2024-2031
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			Data Availability
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			Value (US$)
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			Segments Covered
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			Ingredient, Form, Mode of Application, Crop Type
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			Report Insights Covered
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			Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter&rsquo;s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis, and Other key Insights.
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<h3>&nbsp;</h3>

<h3>Market Dynamics</h3>

Rising Demand For Sustainable Crop Solutions

The demand for sustainable crop solutions such as plant biostimulants is increasing among farmers for various crop types as they help enhance soil health by promoting beneficial microbial activity, increasing organic matter, and improving nutrient availability. Hence, they can help contribute to the expansion of market growth.

Furthermore, as the demand for these products is increasing, manufacturers strategically planning to expand their manufacturing units, for instance, in October 2022, Valent BioSciences LLC company had launched a new biostimulant operating unit to serve the entire U.S. market. The company is focusing on discovering, developing, and commercializing arbuscular mycorrhizal fungi (AMF) products, among other biostimulants, to sustainably maximize retailer and grower profitability.

Rising In Product Development

The rise in product development can significantly help drive the U.S. plant biostimulants market, as the continuous innovation and improvements in formulations, application methods, and the overall efficacy of plant biostimulants contribute to their broader adoption in agriculture. Hence, it can help in driving the market growth.

Furthermore, as the demand for sustainable crop solutions is increasing, manufacturing companies are developing innovative products in their portfolios, for instance, Haifa Negev Technologies LTD company produces HaifaStim a range of specialty plant biostimulants, it is a nutritional supplement carefully formulated to reinforce the plant and to improve its growth environment, in order to support optimal growth, alleviate stresses, boost yields and to maximize quality.

High Product Cost 

The high product cost can significantly restrain the growth of the U.S. plant biostimulants market, the sourcing, and processing of high-quality raw materials can be complex and can add additional expenses which can significantly impact the overall production cost of biostimulants. Therefore the production cost can cause declination in market growth.

<h3>Segment Analysis</h3>

The U.S. plant biostimulants market is segmented based on ingredient, form, mode of application, and crop type.

Increase in Demand for Effective Fulvic Acid Biostimulants 

The Fulvic Acid biostimulants segment accounts for the maximum share of U.S plant biostimulants, The fulvic acid biostimulants are applied as a foliar spray, they enhance the availability and uptake of essential nutrients, improve soil structure, stimulate root growth, and others.

Furthermore, a manufacturing company is producing different variety of products by using fulvic acid, for instance, BioLine Corporation company produces BioLiNE Gold is a superior fulvic acid product with unparalleled performance and potency. It is a naturally occurring organic acid with numerous benefits to crop and soil health. BioLiNE Gold is a highly purified, concentrated fulvic acid. Therefore, such product developmets can help in increasing the market growth.

<h3>Competitive Landscape</h3>

The major global players in the market include UPL, BASF SE, Koppert, VALAGRO S.P.A, Humic Growth Solutions Inc., Hello Nature USA, Inc., Corteva., BioLine Corporation., and Haifa Negev Technologies LTD.

<h3>COVID-19 Impact Analysis</h3>

The pandemic has created unprecedented challenges for industries worldwide, including the U.S. plant biostimulants market. As countries grappled with lockdowns, supply chain disruptions, and reduction in agricultural activities, which had a significant impact on the growth of the U.S. plant biostimulants market.

Furthermore, the agriculture sector is also affected as the cost, import, and export of raw materials and products are impacted due to the pandemic effect, and the availability of products in the market is also limited due to shout down of various manufacturing companies, hence, the COVID-19 had shown a negative impact the growth of U.S plant biostimulants market.

<h3>Key Developments</h3>

<ul>
	<li>In January 2023, Sumitomo Chemical acquired FBSciences Holdings, Inc. (&ldquo;FBS&rdquo;), a U.S. company engaged in the business of biostimulants, a group of naturally-derived agricultural materials, and a class of biorationals. The acquisition is due to be completed subject to the prescribed procedures.</li>
	<li>In December 2023, Rovensa Group acquired Agro-K, a leading family-owned biostimulants developer in the U.S. Agro-K will be integrated over time into Rovensa Next, the business unit dedicated to bio solutions for agriculture.</li>
	<li>In October 2022, Valent BioSciences LLC acquired FBSciences Holdings, Inc. with this acquisition, the Valent BioSciences began selling biostimulant products directly to its U.S. customer base. This acquisition will provide a growth platform for the two companies&rsquo; wide range of crop enhancement and crop protection products.</li>
</ul>

<h3>Why Purchase the Report?</h3>

<ul>
	<li>To visualize the U.S. plant biostimulants market segmentation based on ingredient, form, mode of application, and crop type. and region, as well as understanding key commercial assets and players.</li>
	<li>Identify commercial opportunities by analyzing trends and co-development.</li>
	<li>Excel data sheet with numerous data points of cement market-level with all segments.</li>
	<li>PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.</li>
	<li>Product mapping available as Excel consisting of key products of all the major players.</li>
</ul>

The U.S. plant biostimulants market report would provide approximately 42 tables, 33 figures, and 210 Pages.

<h3>Target Audience 2024</h3>

<ul>
	<li>Manufacturers/ Buyers</li>
	<li>Industry Investors/Investment Bankers</li>
	<li>Research Professionals</li>
	<li>Emerging Companies</li>
</ul>

<ol>
	<li>Methodology and Scope
	<ol>
		<li>Research Methodology</li>
		<li>Research Objective and Scope of the Report</li>
	</ol>
	</li>
	<li>Definition and Overview</li>
	<li>Executive Summary
	<ol>
		<li>Snippet by Ingredient</li>
		<li>Snippet by Form</li>
		<li>Snippet by Mode of Application</li>
		<li>Snippet by Crop Type</li>
	</ol>
	</li>
	<li>Dynamics
	<ol>
		<li>Impacting Factors
		<ol>
			<li>Drivers
			<ol>
				<li>Rising demand for sustainable crop solutions</li>
				<li>Rising in Product developments</li>
			</ol>
			</li>
			<li>Restraints
			<ol>
				<li>High Product Cost</li>
			</ol>
			</li>
			<li>Opportunity</li>
			<li>Impact Analysis</li>
		</ol>
		</li>
	</ol>
	</li>
	<li>Industry Analysis
	<ol>
		<li>Porter&#39;s Five Force Analysis</li>
		<li>Supply Chain Analysis</li>
		<li>Pricing Analysis</li>
		<li>Regulatory Analysis</li>
		<li>DMI Opinion</li>
	</ol>
	</li>
	<li>COVID-19 Analysis
	<ol>
		<li>Analysis of COVID-19
		<ol>
			<li>Scenario Before COVID</li>
			<li>Scenario During COVID</li>
			<li>Scenario Post COVID</li>
		</ol>
		</li>
		<li>Pricing Dynamics Amid COVID-19</li>
		<li>Demand-Supply Spectrum</li>
		<li>Government Initiatives Related to the Market During Pandemic</li>
		<li>Manufacturers Strategic Initiatives</li>
		<li>Conclusion</li>
	</ol>
	</li>
	<li>By Ingredient
	<ol>
		<li>Introduction
		<ol>
			<li>Market Size Analysis and Y-o-Y Growth Analysis (%), By Type</li>
			<li>Market Attractiveness Index, By Type</li>
		</ol>
		</li>
		<li>Acids*
		<ol>
			<li>Introduction</li>
			<li>Market Size Analysis and Y-o-Y Growth Analysis (%)</li>
			<li>Fulvic Acid</li>
			<li>Humic Acid</li>
			<li>Amino Acid</li>
		</ol>
		</li>
		<li>Seaweed Extracts</li>
		<li>Microbial</li>
		<li>Vitamins</li>
		<li>Trace Minerals</li>
		<li>Others</li>
	</ol>
	</li>
	<li>By Form
	<ol>
		<li>Introduction
		<ol>
			<li>Market Size Analysis and Y-o-Y Growth Analysis (%), By Form</li>
			<li>Market Attractiveness Index, By Form</li>
		</ol>
		</li>
		<li>Liquid*
		<ol>
			<li>Introduction</li>
			<li>Market Size Analysis and Y-o-Y Growth Analysis (%)</li>
		</ol>
		</li>
		<li>Granules</li>
	</ol>
	</li>
	<li>By Mode of Application
	<ol>
		<li>Introduction
		<ol>
			<li>Market Size Analysis and Y-o-Y Growth Analysis (%), By Mode of Application</li>
			<li>Market Attractiveness Index, By Mode of Application</li>
		</ol>
		</li>
		<li>Foliar*
		<ol>
			<li>Introduction</li>
			<li>Market Size Analysis and Y-o-Y Growth Analysis (%)</li>
		</ol>
		</li>
		<li>Fertigation</li>
		<li>Soil</li>
		<li>Others</li>
	</ol>
	</li>
	<li>By Crop Type
	<ol>
		<li>Introduction
		<ol>
			<li>Market Size Analysis and Y-o-Y Growth Analysis (%), By Crop Type</li>
			<li>Market Attractiveness Index, By Crop Type</li>
		</ol>
		</li>
		<li>Fruits &amp; Vegetables*
		<ol>
			<li>Introduction</li>
			<li>Market Size Analysis and Y-o-Y Growth Analysis (%)</li>
		</ol>
		</li>
		<li>Others</li>
	</ol>
	</li>
	<li>Competitive Landscape
	<ol>
		<li>Competitive Scenario</li>
		<li>Market Positioning/Share Analysis</li>
		<li>Mergers and Acquisitions Analysis</li>
	</ol>
	</li>
	<li>Company Profiles
	<ol>
		<li>UPL*
		<ol>
			<li>Company Overview</li>
			<li>Product Portfolio and Description</li>
			<li>Financial Overview</li>
			<li>Key Developments</li>
		</ol>
		</li>
		<li>BASF SE</li>
		<li>Pro Farm Group</li>
		<li>Koppert</li>
		<li>VALAGRO S.P.A</li>
		<li>Humic Growth Solutions Inc.</li>
		<li>Hello Nature USA, Inc.</li>
		<li>Corteva.</li>
		<li>BioLine Corporation.</li>
		<li>Haifa Negev technologies LTD&nbsp;(LIST NOT EXHAUSTIVE)</li>
	</ol>
	</li>
	<li>Appendix
	<ol>
		<li>About Us and Services</li>
		<li>Contact Us</li>
	</ol>
	</li>
</ol>

List of Tables

Table 1 U.S. Plant Biostimulants Market Value, By Ingredient, 2023, 2027 &amp; 2031 (US$ Million)

Table 2 U.S. Plant Biostimulants Market Value, By Form, 2023, 2027 &amp; 2031 (US$ Million)

Table 3 U.S. Plant Biostimulants Market Value, By Mode of Application, 2023, 2027 &amp; 2031 (US$ Million)

Table 4 U.S. Plant Biostimulants Market Value, By Crop Type, 2023, 2027 &amp; 2031 (US$ Million)

Table 5 U.S. Plant Biostimulants Market Value, By Ingredient, 2023, 2027 &amp; 2031 (US$ Million)

Table 6 U.S. Plant Biostimulants Market Value, By Ingredient, 2022-2031 (US$ Million)

Table 7 U.S. Plant Biostimulants Market Value, By Form, 2023, 2027 &amp; 2031 (US$ Million)

Table 8 U.S. Plant Biostimulants Market Value, By Form, 2022-2031 (US$ Million)

Table 9 U.S. Plant Biostimulants Market Value, By Mode of Application, 2023, 2027 &amp; 2031 (US$ Million)

Table 10 U.S. Plant Biostimulants Market Value, By Mode of Application, 2022-2031 (US$ Million)

Table 11 U.S. Plant Biostimulants Market Value, By Crop Type, 2023, 2027 &amp; 2031 (US$ Million)

Table 12 U.S. Plant Biostimulants Market Value, By Crop Type, 2022-2031 (US$ Million)

Table 13 UPL: Overview

Table 14 UPL: Product Portfolio

Table 15 UPL: Key Developments

Table 16 BASF SE: Overview

Table 17 BASF SE: Product Portfolio

Table 18 BASF SE: Key Developments

Table 19 Pro Farm Group: Overview

Table 20 Pro Farm Group: Product Portfolio

Table 21 Pro Farm Group: Key Developments

Table 22 Koppert: Overview

Table 23 Koppert: Product Portfolio

Table 24 Koppert: Key Developments

Table 25 VALAGRO S.P.A: Overview

Table 26 VALAGRO S.P.A: Product Portfolio

Table 27 VALAGRO S.P.A: Key Developments

Table 28 Humic Growth Solutions Inc.: Overview

Table 29 Humic Growth Solutions Inc.: Product Portfolio

Table 30 Humic Growth Solutions Inc.: Key Developments

Table 31 Hello Nature USA, Inc.: Overview

Table 32 Hello Nature USA, Inc.: Product Portfolio

Table 33 Hello Nature USA, Inc.: Key Developments

Table 34 Corteva.: Overview

Table 35 Corteva.: Product Portfolio

Table 36 Corteva.: Key Developments

Table 37 BioLine Corporation.: Overview

Table 38 BioLine Corporation.: Product Portfolio

Table 39 BioLine Corporation.: Key Developments

Table 40 Haifa Negev Technologies LTD: Overview

Table 41 Haifa Negev Technologies LTD: Product Portfolio

Table 42 Haifa Negev Technologies LTD: Key Developments 

List of Figures

Figure 1 U.S. Plant Biostimulants Market Value, 2022-2031 (US$ Million)

Figure 2 U.S. Plant Biostimulants Market Share, By Ingredient, 2022 &amp; 2031 (%)

Figure 3 U.S. Plant Biostimulants Market Share, By Form, 2022 &amp; 2031 (%)

Figure 4 U.S. Plant Biostimulants Market Share, By Mode of Application, 2022 &amp; 2031 (%)

Figure 5 U.S. Plant Biostimulants Market Share, By Crop Type, 2022 &amp; 2031 (%)

Figure 6 U.S. Plant Biostimulants Market Y-o-Y Growth, By Ingredient, 2022-2031 (%)

Figure 7 Acids Plant Biostimulants Market Value, 2022-2031 (US$ Million)

Figure 8 Seaweed Extracts Plant Biostimulants Market Value, 2022-2031 (US$ Million)

Figure 9 Microbial Plant Biostimulants Market Value, 2022-2031 (US$ Million)

Figure 10 Vitamins Plant Biostimulants Market Value, 2022-2031 (US$ Million)

Figure 11 Trace Minerals Plant Biostimulants Market Value, 2022-2031 (US$ Million)

Figure 12 Others Plant Biostimulants Market Value, 2022-2031 (US$ Million)

Figure 13 U.S. Plant Biostimulants Market Y-o-Y Growth, By Form, 2022-2031 (%)

Figure 14 Liquid Form in U.S. Plant Biostimulants Market Value, 2022-2031 (US$ Million)

Figure 15 Granules Form in U.S. Plant Biostimulants Market Value, 2022-2031 (US$ Million)

Figure 16 U.S. Plant Biostimulants Market Y-o-Y Growth, By Mode of Application, 2022-2031 (%)

Figure 17 Foliar Application Mode of Application in U.S. Plant Biostimulants Market Value, 2022-2031 (US$ Million)

Figure 18 Fertigation Mode of Application in U.S. Plant Biostimulants Market Value, 2022-2031 (US$ Million)

Figure 19 Soil Application Mode of Application in U.S. Plant Biostimulants Market Value, 2022-2031 (US$ Million)

Figure 20 Others Mode of Application in U.S. Plant Biostimulants Market Value, 2022-2031 (US$ Million)

Figure 21 U.S. Plant Biostimulants Market Y-o-Y Growth, By Crop Type, 2022-2031 (%)

Figure 22 Fruits &amp; Vegetables Crop Type in U.S. Plant Biostimulants Market Value, 2022-2031 (US$ Million)

Figure 23 Others Crop Type in U.S. Plant Biostimulants Market Value, 2022-2031 (US$ Million)

Figure 24 UPL: Financials

Figure 25 BASF SE: Financials

Figure 26 Pro Farm Group: Financials

Figure 27 Koppert: Financials

Figure 28 VALAGRO S.P.A: Financials

Figure 29 Humic Growth Solutions Inc.: Financials

Figure 30 Hello Nature USA, Inc.: Financials

Figure 31 Corteva.: Financials

Figure 32 BioLine Corporation.: Financials

Figure 33 Haifa Negev technologies LTD: Financials

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