Asia Pacific Biostimulants Market Size & Outlook
Asia Pacific biostimulants market, 2018-2030 (US$M)
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Asia Pacific biostimulants market highlights
- The Asia Pacific biostimulants market generated a revenue of USD 615.9 million in 2022.
- The market is expected to grow at a CAGR of 9.6% from 2023 to 2030.
- In terms of segment, acid based was the largest revenue generating active ingredients in 2022.
- Seaweed Extract is the most lucrative active ingredients segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 615.9 million |
| Market revenue in 2030 | USD 1,281.4 million |
| Growth rate | 9.6% (CAGR from 2022 to 2030) |
| Largest segment | Acid based |
| Fastest growing segment | Seaweed Extract |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Acid Based, Seaweed Extract, Microbial, Other Active Ingredients |
| Key market players worldwide | Isagro, Basf SE, Calumet Specialty Products Partners LP, Novozymes, Adecoagro SA, Italmobiliare SpA, Koppert |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 23.6% of the global biostimulants market in 2022.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,281.4 million by 2030.
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Biostimulants Market Scope
Biostimulants Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific biostimulants market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biostimulants market will help companies and investors design strategic landscapes.
Acid based was the largest segment with a revenue share of 47.98% in 2022. Horizon Databook has segmented the Asia Pacific biostimulants market based on acid based, seaweed extract, microbial, other active ingredients covering the revenue growth of each sub-segment from 2018 to 2030.
Countries in Asia Pacific are highly diverse in terms of their income levels, spending capacities, and food consumption habits. Agriculture sector in the region is witnessing a rise and the population is mainly dependent on the farming sector, posing lucrative growth opportunities for bio stimulants market in the region.
Favorable government policies in agricultural sector to promote the use of bio based products and attract investments in the industry have created a wide scope for the growth of bio stimulants in Asia Pacific.
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Target buyers of Asia Pacific biostimulants market databook
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Our clientele includes a mix of biostimulants market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific biostimulants market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific biostimulants market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific biostimulants market size, by country, 2018-2030 (US$M)
Asia Pacific Biostimulants Market Outlook Share, 2022 & 2030 (US$M)
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