Biostimulants Market Size, Share, Growth Drivers, Opportunities, and Top Companies
The global biostimulants market is expected to grow from USD 4.3 billion in 2024 to USD 7.6 billion by 2029, reflecting a compound annual growth rate (CAGR) of 12.0% over the forecast period. These substances boost plant growth, enhance nutrient absorption, and increase stress resilience, resulting in higher crop yields and better quality. Farmers are increasingly turning to biostimulants to optimize...
Global Biostimulants Market Overview, Trends, Leading Players, and Forecast
The global biostimulants market is estimated at USD 3.9 billion in 2023 and is projected to reach USD 6.8 billion by 2028, at a CAGR of 11.8% from 2023 to 2028. Biostimulants are substances or microorganisms that are applied to plants, seeds, or soil to enhance nutrient uptake, stress tolerance, and overall plant growth and development. Unlike traditional fertilizers, which provide essential nutrients...