Hi fellow farmers and agri-entrepreneurs,
I came across an in-depth market analysis on the Biostimulants Market, and I think it’s highly relevant to our community here on Farmnest, especially with the increasing focus on organic farming, sustainable agriculture, and bio-inputs in India.
Key Highlights from the Report:
- The global biostimulants market is projected to grow from USD 5.55 billion in 2024 to USD 8.41 billion by 2031, with a CAGR of 6.3 percent.
- Asia-Pacific (including India) is emerging as a fast-growing region due to increasing awareness and government support.
- Biostimulants are being integrated with chemical fertilizers to improve nutrient uptake and reduce environmental impact.
- They are widely used on cereals, oilseeds, fruits, vegetables, and even turf and landscapes.
- India’s Paramparagat Krishi Vikas Yojana (PKVY) is one such initiative promoting organic farming and boosting biostimulant usage.
Emerging Trends:
- Use of seaweed extracts, microbial stimulants, and amino acids in bio-products
- Startups like Sea6 Energy (India) patenting seaweed-based biostimulants
- Foliar application is the most popular mode of application
Let’s discuss:
- Are you using biostimulants on your farm? If yes, which products have worked best?
- What kind of results or challenges have you seen compared to chemical fertilizers?
- Do you think biostimulants can reduce our dependency on synthetic inputs?
- How can local manufacturers and startups enter this fast-growing segment?
With growing health awareness, global trends in organic produce, and soil degradation issues, biostimulants might be a great long-term investment for Indian agriculture.
Would love to hear your experiences or questions.
— Ayesha Arora
Research Manager
Source- https://www.theinsightpartners.com/en/reports/biostimulants-market