Brazil Biostimulants Market Size & Outlook, 2022-2030
Brazil biostimulants market, 2018-2030 (US$M)
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Brazil biostimulants market highlights
- The Brazil biostimulants market generated a revenue of USD 218.0 million in 2022 and is expected to reach USD 388.4 million by 2030.
- The Brazil market is expected to grow at a CAGR of 7.5% 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 218.0 million |
| Market revenue in 2030 | USD 388.4 million |
| Growth rate | 7.5% (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, Brazil accounted for 8.3% 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 Latin America, Brazil biostimulants market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 388.4 million by 2030.
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Biostimulants Market Scope
Biostimulants Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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 47.94% in 2022. Horizon Databook has segmented the Brazil biostimulants market based on acid based, seaweed extract, microbial, other active ingredients covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing awareness about bio stimulants in food and the rising demand for organic products for export purposes have fueled the market demand in Brazil. The export of organic produce to the EU and the U.S. and the adoption of integrated pest management have gained prominence in Brazil, creating lucrative growth opportunities.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil biostimulants market , including forecasts for subscribers. This country databook contains high-level insights into Brazil biostimulants market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil biostimulants market size, by active ingredients, 2018-2030 (US$M)
Brazil Biostimulants Market Outlook Share, 2022 & 2030 (US$M)
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