PUBLISHER: The Insight Partners | PRODUCT CODE: 1738010
PUBLISHER: The Insight Partners | PRODUCT CODE: 1738010
The Europe biostimulants market size is projected to reach US$ 2.60 billion by 2031 from US$ 1.83 billion in 2024. The market is expected to register a CAGR of 5.4% from 2025 to 2031.
Biostimulants find versatile applications across the agriculture industry due to their ability to improve soil health, carbon sequestration properties, and their positive impact on environmental sustainability. In agriculture, biostimulants serve as a valuable soil amendment. They enhance water retention, nutrient availability, and microbial activity when incorporated into the soil. These improvements contribute to increased crop yields, making biostimulants a valuable tool for sustainable and efficient farming practices. By improving soil structure and fertility, biostimulants aid in the establishment of resilient ecosystems and mitigate the rate of soil degradation.
Based on the product type, the Europe biostimulants market is segmented into humic substances, amino acids, microbial stimulants, seaweed extracts, and others. The seaweed extracts segment accounted for the largest Europe biostimulants market share in 2024. Seaweed extract improves plant growth at all stages, including germination, harvesting, and post-harvest. It is a blend of organic components such as fatty acids, vitamins, low levels of plant nutrients, and plant growth regulators, such as cytokinins, gibberellins, and auxins, which are primarily used in agricultural activities as an additive for fertilizers and biostimulants. Due to the presence of hydrocolloid, oligos, polyphenol, mannitol, cytokinin, lignin, and betaine, plants treated with seaweed extracts have increased growth, better yields, early flowering, improved protection from abiotic stresses (drought, low temperature, and salinity), and improved photosynthesis. It protects plants from insects, such as red spider mites and aphids, pathogenic nematodes, bacteria, and fungi.
Based on the crop type, the Europe biostimulants market is segmented into cereals and grains, oilseeds and pulses, fruits and vegetables, turf and landscapes, and others. The cereals and grains segment accounted for the largest Europe biostimulants market share in 2024. Biostimulants are highly consumed for cereal and grain crops such as wheat, maize, sorghum, barley, finger millet, and soybean. The role of biostimulants is to control and accelerate the life processes of these plants, stimulate their development, and increase their resistance to stress. The use of biostimulants contributed to the increase of nutrients in cereals and grains, particularly macronutrients such as sodium and calcium and micronutrients such as copper and molybdenum.
Key players in the Europe biostimulants market include Nichino Europe Co Ltd, Syngenta AG, BASF SE, UPL Ltd, FMC Corp, Russell IPM Ltd, Sipcam UK Ltd, IntraCrop Ltd, Bionema Ltd, and Central Pharma Contract Packing Ltd. Players operating in the market focus on providing high-quality products to fulfill customer demand. Also, they focus on adopting various strategies such as new product launches, collaborations, and others in order to stay competitive in the market. For instance, in April 2023, Nichino Europe Co Ltd (Nichino) acquired Interagro (UK) Limited (Interagro). Nichino purchased the entire share capital of Interagro (UK) Limited. The acquisition is intended to grow Nichino's and Interagro's portfolio of products for their customers now and in the future. Also, in February 2025, IntraCrop visited Greece to strengthen relationships with NitroFarm, their primary distributor, and discuss biostimulant positioning with sales representatives.
The overall Europe biostimulants market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers-along with external consultants such as valuation experts, research analysts, and key opinion leaders-specializing in the Europe biostimulants market.