U.S. Biostimulants Market Size & Outlook, 2022-2030
U.S. biostimulants market, 2018-2030 (US$M)
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U.S. biostimulants market highlights
- The U.S. biostimulants market generated a revenue of USD 456.4 million in 2022 and is expected to reach USD 755.6 million by 2030.
- The U.S. market is expected to grow at a CAGR of 6.5% 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 456.4 million |
| Market revenue in 2030 | USD 755.6 million |
| Growth rate | 6.5% (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, U.S. accounted for 17.5% 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 North America, U.S. biostimulants market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 755.6 million by 2030.
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Biostimulants Market Scope
Biostimulants Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 U.S. biostimulants market based on acid based, seaweed extract, microbial, other active ingredients covering the revenue growth of each sub-segment from 2018 to 2030.
Regulatory authorities such as the U.S. EPA have framed supportive regulations for promoting the application of bio stimulants at a domestic level. Rising expenditure for promoting the application of organic farming by the U.S. government is likely to increase the importance of bio stimulants over the next eight years.
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Target buyers of U.S. 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 country-level data and insights on the U.S. biostimulants market , including forecasts for subscribers. This country databook contains high-level insights into U.S. biostimulants market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. biostimulants market size, by active ingredients, 2018-2030 (US$M)
U.S. Biostimulants Market Outlook Share, 2022 & 2030 (US$M)
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