India Biostimulants Market Research Report: Forecast (2022-2027)

By Type (Acid Biostimulants, Extract Biostimulants, Microbial Biostimulants), By Crop Type (Fruits, Vegetables, Cereals & Grains, Turfs, Ornamentals, Other (Oil Seeds, Pulses)), By Application (Foliar... ... Application (Foliar, Soil Treatment, Seed Treatment), By Region (North, East, West, South), By Competitors (Indian Farmers Fertiliser Cooperative (IFFCO), AgriLife (SOM Phytopharma (India) Limited), BASF SE, Acadian Seaplant Ltd., Isagro SPA – Gowan Company, Valagro Inc., Bayer AG, Koppert Biological Systems, Eastman Chemical Company., United Phosphorus Ltd, Hifield Organics Inc., Biostadt India Limited, Tradecorp APC Pty Ltd) Read more

  • Environment
  • Dec 2021
  • 107
  • PDF, Excel, PPT

Market Definition

The agriculture sector of India is facing unprecedented challenges to suffice the burgeoning food requirements of the mounting population. The overall agricultural production in the country is lower than in other developed nations, mainly due to average farm sizes, decreased soil fertility owing to overuse of fertilizers, & low use of farming technologies.

Market Insights

Besides, India has the highest rate of malnutrition, which increases the morbidity & mortality ratio in infants by reducing their resistance to infections. Hence, the demand for nutritious food is significantly rising to fulfill the requirements of malnourished children in the country.

In addition, adverse climate changes, exploitation of natural resources, food wastage, and loss of biodiversity are other challenges for the agriculture sector. However, researchers are constantly introducing different ways to achieve sustainable agriculture practices. Biostimulants are one such medium to address the issues of sustainability while stimulating crop growth. These are organic products that help in increasing the crop yield, reducing the need for fertilizers, and improving the efficiency of water usage.

The India Biostimulants Market is projected to grow at a CAGR of around 15.4% during the forecast period, i.e., 2022-27. The market is driven primarily by the flooding population & their growing requirement for food, coupled with increasing consumer preference toward organic, high quality, & nutritious food products. These aspects indicate the soaring need for organic farming methods in India, which, in turn, is bolstering the production & sales of biostimulants.

Report Coverage Details
Study Period Historical Data: 2017-20
Base Year: 2021
Forecast Period: 2022-27
CAGR (2022-2027) 15.4%
Key Companies Profiled Indian Farmers Fertiliser Cooperative (IFFCO), AgriLife (SOM Phytopharma (India) Limited), BASF SE, Acadian Seaplant Ltd., Isagro SPA – Gowan Company, Valagro Inc., Bayer AG, Koppert Biological Systems, Eastman Chemical Company., United Phosphorus Ltd, Hifield Organics Inc., Biostadt India Limited, Tradecorp APC Pty Ltd
Unit Denominations USD Million/Billion

 

MNC’s in India are gradually realizing the potential of biological agri-products and have started working toward expanding the product portfolio. The Covid-19 pandemic in 2020 has surged the demand for organic food products owing to their health benefits, which, in turn, has provided significant opportunities for many companies to enter the biostimulants market of India. Besides, with the growing concerns for agriculture sustainability, soil health, and environmental safety, the need for biostimulants is rapidly surging to enhance soil fertility & plant health without the immense use of fertilizers.

However, less awareness about the benefits of biostimulants might lead to market hindrance since people still believe in chemicals despite the extensive research that has shown their long-term negative effects. Moreover, biostimulants require more time than their conventional alternatives to show end results, which is another crucial aspect that restricts people to opt for them, further states the research report, “India Biostimulants Market Analysis, 2022.”

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
    4. Market Definition
  2. Executive Summary
  3. Impact of COVID-19 on India Biostimulants Market
  4. India Biostimulants Market Trends & Insights
  5. India Biostimulants Market Dynamics
    1. Drivers
    2. Challenges
    3. Impact Analysis
  6. India Biostimulants Market Hotspots & Opportunities
  7. India Biostimulants Market Value Chain Analysis
  8. India Biostimulants Market Regulations & Policy
  9. India Biostimulants Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues
      2. By Volume (In Thousand Tons)
    2. Market Share & Analysis
      1. By Type
        1. Acid Biostimulants
        2. Extract Biostimulants
        3. Microbial Biostimulants
      2. By Crop Type
        1. Fruits
        2. Vegetables
        3. Cereals & Grains
        4. Turfs
        5. Ornamentals
        6. Other (Oil Seeds, Pulses, etc.) 
      3. By Application
        1. Foliar
        2. Soil Treatment
        3. Seed Treatment
      4. By Region
        1. North
        2. East
        3. West
        4. South
      5.   By Company
        1. Revenue Shares
        2. Strategic Factorial Indexing
        3. Competitors Alignment in MarkNtel Competition Quadrants
  10. India Acid Biostimulants Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues
      2. By Volume (In Thousand Tons)
    2. Market Share & Analysis
      1. By Crop Type
        1. Fruits
        2. Vegetables
        3. Cereals & Grains
        4. Turfs
        5. Ornamentals
        6. Other (Oil Seeds, Pulses, etc.) 
      2. By Application
        1. Foliar
        2. Soil Treatment
        3. Seed Treatment
  11. India Extract Biostimulants Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues
      2. By Volume (In Thousand Tons)
        1. Market Share & Analysis
      3. By Crop Type
        1. Fruits
        2. Vegetables
        3. Cereals & Grains
        4. Turfs
        5. Ornamentals
        6. Other (Oil Seeds, Pulses, etc.) 
      4. By Application
        1. Foliar
        2. Soil Treatment
        3. Seed Treatment
  12. India Microbial Biostimulants Market Outlook, 2017-2027F
    1. Market Size & Analysis
      1. By Revenues
      2. By Volume (In Thousand Tons)
        1. Market Share & Analysis
      3. By Crop Type
        1. Fruits
        2. Vegetables
        3. Cereals & Grains
        4. Turfs
        5. Ornamentals
        6. Other (Oil Seeds, Pulses, etc.) 
      4. By Application
        1. Foliar
        2. Soil Treatment
        3. Seed Treatment
  13. India Biostimulants Market Key Strategic Imperatives for Growth & Success
  14. Competition Outlook
    1. Competition Matrix
      1. Brand Specialization
      2. Target Markets
      3. Target End Users
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
  15. Company Profiles
    1. Indian Farmers Fertiliser Cooperative (IFFCO)
    2. AgriLife (SOM Phytopharma (India) Limited)
    3. BASF SE
    4. Acadian Seaplant Ltd.
    5. Isagro SPA – Gowan Company
    6. Valagro Inc.
    7. Bayer AG
    8. Koppert Biological Systems
    9. Eastman Chemical Company.
    10. United Phosphorus Ltd
    11. Hifield Organics Inc.
    12. Biostadt India Limited
    13. Tradecorp APC Pty Ltd
  16. Disclaimer


MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

Data Trangulation

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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