North America Biostimulants Market Size & Outlook
North America biostimulants market, 2018-2030 (US$M)
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North America biostimulants market highlights
- The North America biostimulants market generated a revenue of USD 557.0 million in 2022.
- The market is expected to grow at a CAGR of 6.9% 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, U.S. is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 557.0 million |
| Market revenue in 2030 | USD 947.1 million |
| Growth rate | 6.9% (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, North America region accounted for 21.3% 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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North America 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 47.95% in 2022. Horizon Databook has segmented the North America biostimulants market based on acid based, seaweed extract, microbial, other active ingredients covering the revenue growth of each sub-segment from 2018 to 2030.
Demand in North America is majorly fueled by health concerns leading to the increased adoption of safer and eco-friendly alternatives to chemical-based agro products.
Innovative packaging, new product launches, high standards of living, and the entry of new players play a significant role in supplementing the demand in the market as well.
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Target buyers of North America 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 continent-level data and insights on the North America biostimulants market , including forecasts for subscribers. This continent databook contains high-level insights into North America biostimulants market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America biostimulants market size, by country, 2018-2030 (US$M)
North America Biostimulants Market Outlook Share, 2022 & 2030 (US$M)
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