Europe Biostimulants Market Size & Outlook, 2022-2030
Europe biostimulants market, 2018-2030 (US$M)
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Europe biostimulants market highlights
- The Europe biostimulants market generated a revenue of USD 976.2 million in 2022.
- The market is expected to grow at a CAGR of 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, Italy is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 976.2 million |
| Market revenue in 2030 | USD 1,561.4 million |
| Growth rate | 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, Europe region accounted for 37.3% 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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Europe 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 47.97% in 2022. Horizon Databook has segmented the Europe biostimulants market based on acid based, seaweed extract, microbial, other active ingredients covering the revenue growth of each sub-segment from 2018 to 2030.
Europe is the largest market in the global bio stimulants market and is anticipated to remain the dominant region over the forecast period. Supportive regulations to increase the production of organic foods are expected to increase the application of bio stimulants.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe biostimulants market , including forecasts for subscribers. This continent databook contains high-level insights into Europe biostimulants market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe biostimulants market size, by country, 2018-2030 (US$M)
Europe Biostimulants Market Outlook Share, 2022 & 2030 (US$M)
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