Seaweed extracts biostimulant market is expected to gain market growth in the forecast period till 2027. Data Bridge Market Research analyses that the market is growing with the CAGR of 11.7% in the forecast period till 2027 and expected to reach USD 383.17 million by 2027 from USD 160.28 million in 2019. Rising demand of organic food is expected to drive this market. This Seaweed Extracts Biostimulant Market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographical expansions, and technological innovations in the market. Factors impacting the market include the lingering poor reputation of biostimulants, and, for some products, the lack of convincing evidence of efficacy. As the sector is comparatively new, many growers and advisers also lack knowledge to best utilize the products. In addition, fluctuating commodity prices mean that when prices are low, growers may be less keen to invest in a new type of input. ​

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The market includes the following main segments: seaweed extracts, humic & fulvic acids, amino acids, and microbial biostimulants. Of the four main segments of the biostimulants market, seaweed extracts is the largest, accounting for around 40% of the total market, equating to around $935 million in 2021. Humic and fulvic acids are the second largest segment at around $843 million.​

While biostimulant products have been around for many years, sales began to take off from 2000 onwards due to growing global population, development of more-effective products, the entry of investors; better knowledge among growers; and the development of legislation to boost grower confidence. A new factor, influencing biostimulants demand in 2022, is the rise of fertilizer prices due to the war in Ukraine and increase in energy prices. ​

Currently it is estimated that almost half of the total market value of biostimulants in Europe is for row crops, including cereals, oilseeds, pulses and fiber crops. Around 30% of use is attributed to fruits and vegetables, and around 11% to turf and ornamentals. The Farm to Fork strategy sets concrete targets to transform the EU’s food system, including a reduction by 50% of the use and risk of pesticides, and reaching 25% of agricultural land under organic farming. Integrated Pest Management (IPM) is also being promoted by the Commission.

MAJOR TOC OF THE REPORT

§  Chapter 1: Market overview

§  Chapter 2: North America Seaweed Extracts Biostimulant Market Analysis

§  Chapter 3: Regional analysis of the North America Seaweed Extracts Biostimulant Market

§  Chapter 4: Market segmentation based on types and applications

§  Chapter 5: Revenue analysis based on types and applications

§  Chapter 6: Market share

§  Chapter 7: Competitive Landscape

§  Chapter 8: Drivers, Restraints, Challenges, and Opportunities

§  Chapter 9: Gross Margin and Price Analysis

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The major players covered in the report are Algea, BioAtlantis, AGRIGES, West Coast Marine Bio-Processing, Corp., Biovert S.L., L.Gobbi Srl unipersonale, Ilex EnviroSciences Limited, VALAGRO S.P.A, Koppert Biological Systems, Haifa Group, ACADIAN SEAPLANTS LIMITED, ATLÁNTICA AGRICOLA, Biostadt India Limited, Trade Corporation International, Agroenzymas, Micromix, UPL,  OMEX, Brandt Consolidated, Inc., FMC Corporation and others, among other domestic and global players. Seaweed extracts biostimulant market share data is available for Global, North America, Europe, Asia-Pacific, Middle East and Africa and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately

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Profound Questions Answered in this Report:

·        What is the growth rate of various stages in the value chain of the industry?

·        Which region has the highest growth rate and size of the emerging market by value in 2022?

·        Who are the competitive players in North America Seaweed Extracts Biostimulant Market?

·        Which region has the largest share and degree of competition in the industry?

·        What is the CAGR of the market during the forecast period 2022 to 2027?

·        Which region is expected to hold the highest market share for the market?

·        What is the main driver of the North America Seaweed Extracts Biostimulant Market?

·        What is sales volume, revenue, and price analysis of top players of the market?

·        What are the market opportunities and threats faced by the vendors in the industry?

·        What has been the impact of COVID-19 on the North America Seaweed Extracts Biostimulant Market?

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