Japan Biostimulants Market Size & Outlook, 2022-2030
Japan biostimulants market, 2018-2030 (US$M)
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Japan biostimulants market highlights
- The Japan biostimulants market generated a revenue of USD 86.7 million in 2022 and is expected to reach USD 155.3 million by 2030.
- The Japan market is expected to grow at a CAGR of 7.6% 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 86.7 million |
| Market revenue in 2030 | USD 155.3 million |
| Growth rate | 7.6% (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, Japan accounted for 3.3% 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 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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Japan 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 47.87% in 2022. Horizon Databook has segmented the Japan 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 agricultural output in Japan is witnessing steady growth owing to the growing urban agricultural production and there has been a momentum of managing the local ecosystems. The concept of continuously productive urban landscapes in the country has helped in increasing local sustainability and reducing the urban impact.
There is also a significant increase in the interest for agriculture among the urban population and they are looking toward using eco-friendly products, which, in turn, is likely to push the demand for bio stimulants.
Moreover, government initiatives to protect and preserve agriculture production and ensure food security & maintaining cultural landscapes are the crucial factors driving the growth of Japanese bio stimulants market.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan biostimulants market , including forecasts for subscribers. This country databook contains high-level insights into Japan biostimulants market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan biostimulants market size, by active ingredients, 2018-2030 (US$M)
Japan Biostimulants Market Outlook Share, 2022 & 2030 (US$M)
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