Germany Biostimulants Market Size & Outlook, 2022-2030
Germany biostimulants market, 2018-2030 (US$M)
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Germany biostimulants market highlights
- The Germany biostimulants market generated a revenue of USD 223.5 million in 2022 and is expected to reach USD 320.6 million by 2030.
- The Germany market is expected to grow at a CAGR of 4.6% 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.
Biostimulants market data book summary
| Market revenue in 2022 | USD 223.5 million |
| Market revenue in 2030 | USD 320.6 million |
| Growth rate | 4.6% (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, Germany accounted for 8.5% 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 Europe, Germany biostimulants market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 259.0 million by 2030.
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Biostimulants Market Scope
Biostimulants Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 47.92% in 2022. Horizon Databook has segmented the Germany biostimulants market based on acid based, seaweed extract, microbial, other active ingredients covering the revenue growth of each sub-segment from 2018 to 2030.
Germany is one of the major producers of protein crop such as field beans and field peas. It is also the largest producer of rapeseed in Europe. The production of rapeseed is driven by biofuel, food, and other industrial uses. The demand for rapeseed is more than the domestic supply in Germany, which requires better fertilizers such as bio stimulants to improve the crop yield.
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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 Germany biostimulants market , including forecasts for subscribers. This country databook contains high-level insights into Germany biostimulants market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany biostimulants market size, by active ingredients, 2018-2030 (US$M)
Germany Biostimulants Market Outlook Share, 2022 & 2030 (US$M)
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