Biostimulants Market to Grow from USD 4.97 Billion in 2026 to USD 8.77 Billion by 2031, at a CAGR of 12.0% — MarketsandMarkets™

Delray Beach, FL, Aug. 18, 2026 (GLOBE NEWSWIRE) -- MarketsandMarkets™ projects the global biostimulants market will grow from USD 4.97 billion in 2026 to USD 8.77 billion by 2031, at a CAGR of 12.0%. Growth is driven by increasing adoption of sustainable crop enhancement solutions, rising focus on soil health, growing climate-related crop stress, and increasing demand for improved nutrient efficiency and yield stability. North America holds a significant market share, while cereals & grains are expected to grow at a significant rate and liquid biostimulants continue to account for a significant share by form.

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Key Market Highlights

• Market size, 2026: USD 4.97 billion
• Market forecast, 2031: USD 8.77 billion
• Growth rate: CAGR of 12.0% (2026–2031)
• Significant regional market: North America
• Significant form segment: Liquid
• Significant crop type: Cereals & Grains
• Key active ingredients: Humic Substances, Seaweed Extracts, Amino Acids, Minerals & Vitamins
• Key modes of application: Foliar Treatment and Soil Treatment
• Report scope: 250 market data tables, 50 figures, 350 pages
• Key players: UPL Limited (India), FMC Corporation (US), Corteva Agriscience (US), Sumitomo Chemical Co., Ltd. (Japan), Nufarm Limited (Australia), Novonesis (Denmark), BASF SE (Germany), Bayer AG (Germany), PI Industries Ltd. (India), T. Stanes & Company Limited (India), J.M. Huber Corporation (US), Gowan Company (US), Koppert Biological Systems (Netherlands), Acadian Seaplants Limited (Canada), Qingdao Seawin Biotech Group Co., Ltd. (China), OMEX Agriculture (UK), Seipasa S.A. (Spain), Aminocore (South Africa), and Cascadia Seaweed Corp. (Canada)

Why This Market Matters

Biostimulants are becoming an increasingly important component of sustainable agriculture as farmers and agribusinesses seek solutions that improve crop performance while reducing dependence on conventional agrochemicals. These products can enhance nutrient efficiency, root development, stress tolerance, and yield stability across diverse crops. Growing concerns around soil health, climate variability, drought, heat, and salinity are further encouraging farmers to adopt biological and naturally derived crop enhancement solutions.

Market Overview

The global biostimulants market is expanding rapidly as sustainable agriculture gains momentum across both developed and emerging markets. Adoption is particularly strong in Europe and North America, where biostimulants are increasingly integrated into cereal, horticulture, and high-value crop production. Advances in microbial formulations, seaweed extracts, amino acid products, and nutrient-based solutions are broadening the range of available products. At the same time, precision agriculture platforms, agritech solutions, and local distribution networks are helping accelerate adoption among both commercial growers and smallholder farmers.

Analyst Perspective

Biostimulants are evolving from niche agricultural inputs into strategic tools for improving crop resilience and resource-use efficiency. As growers face increasing pressure from climate variability, soil degradation, input costs, and sustainability requirements, products that improve nutrient utilization and help crops withstand environmental stress are gaining importance. Future market growth will be supported by continued innovation in biological formulations, integration with precision farming systems, and increasing awareness of soil and plant health.

Segment Analysis

By form, the liquid segment holds a significant share of the biostimulants industry. Liquid formulations offer ease of application, uniform coverage, and compatibility with foliar sprays, fertigation, and seed treatment systems. Products such as microbial suspensions, seaweed extracts, amino acid formulations, and nutrient blends enable targeted delivery and rapid absorption across cereals, vegetables, fruits, and oilseeds. Their flexibility in crop management programs and availability as ready-to-use formulations continue to support widespread adoption.

By crop type, cereals & grains are expected to grow at a significant rate during the forecast period. Extensive cultivation of rice, wheat, maize, and other staple grains creates a substantial opportunity for biostimulant adoption. These products help improve nutrient uptake, root development, and tolerance to abiotic stresses such as drought, heat, and salinity. High cereal consumption, government initiatives supporting sustainable farming, and growing farmer awareness of yield-enhancement benefits are further contributing to segment growth.

Regional Analysis

North America holds a significant share of the biostimulants market. The region benefits from advanced agricultural practices, strong adoption of sustainable farming methods, and continued efforts to improve crop productivity and resource efficiency. Farmers across the US and Canada are increasingly adopting biostimulants to enhance nutrient utilization, strengthen crop resilience, and support soil health while reducing dependence on conventional agrochemicals. Favorable regulatory developments, investments in biological crop inputs, and the presence of major industry participants are further supporting regional growth.

Key Industry Trends

• Growing adoption of sustainable and eco-friendly crop enhancement solutions is accelerating biostimulant demand.
• Increasing focus on soil health and nutrient-use efficiency is supporting product adoption across major crops.
• Rising climate variability and abiotic stresses are creating demand for solutions that improve plant resilience.
• Liquid formulations are gaining strong adoption due to their versatility, easy application, and compatibility with modern farming systems.
• Microbial, seaweed, and amino acid-based biostimulants are gaining momentum across cereals, horticulture, and specialty crops.
• Precision agriculture and agritech platforms are creating new opportunities for targeted and efficient biostimulant application.

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Competitive Landscape

Leading companies operating in the Biostimulants Market include UPL Limited (India), FMC Corporation (US), Corteva Agriscience (US), Sumitomo Chemical Co., Ltd. (Japan), Nufarm Limited (Australia), Novonesis (Denmark), BASF SE (Germany), Bayer AG (Germany), PI Industries Ltd. (India), T. Stanes & Company Limited (India), J.M. Huber Corporation (US), Gowan Company (US), Koppert Biological Systems (Netherlands), Acadian Seaplants Limited (Canada), Qingdao Seawin Biotech Group Co., Ltd. (China), OMEX Agriculture (UK), Seipasa S.A. (Spain), Aminocore (South Africa), and Cascadia Seaweed Corp. (Canada).

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Report Code: AGI 2920 | Published: 23 June 2026 | Report Pages: 350 | Market Data Tables: 250 | Figures: 50