Australia Biostimulants Market Size & Outlook, 2022-2030
Australia biostimulants market, 2018-2030 (US$M)
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Australia biostimulants market highlights
- The Australia biostimulants market generated a revenue of USD 150.7 million in 2022 and is expected to reach USD 305.4 million by 2030.
- The Australia market is expected to grow at a CAGR of 9.2% 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.
Biostimulants market data book summary
| Market revenue in 2022 | USD 150.7 million |
| Market revenue in 2030 | USD 305.4 million |
| Growth rate | 9.2% (CAGR from 2022 to 2030) |
| Largest segment | Acid based |
| Fastest growing segment | Seaweed Extract |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Australia accounted for 5.8% of the global biostimulants market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China biostimulants market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 189.7 million by 2030.
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Biostimulants Market Scope
Biostimulants Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia 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 48.04% in 2022. Horizon Databook has segmented the Australia biostimulants market based on acid based, seaweed extract, microbial, other active ingredients covering the revenue growth of each sub-segment from 2018 to 2030.
The trend of incorporating environment-friendly techniques in agricultural activities has risen in Australia. Organic farming has gained considerable prominence complemented by the presence of favorable government regulatory frameworks.
There is a growing consciousness regarding health and wellbeing among Australian consumers. Moreover, the demand for Australian organic produce is rising from China, thereby supplementing the growth of overall bio stimulants in country.
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Target buyers of Australia 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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Horizon Databook provides a detailed overview of country-level data and insights on the Australia biostimulants market , including forecasts for subscribers. This country databook contains high-level insights into Australia biostimulants market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia biostimulants market size, by active ingredients, 2018-2030 (US$M)
Australia Biostimulants Market Outlook Share, 2022 & 2030 (US$M)
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