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North America Biostimulants Market Trends, Size, Segment and Growth by
Forecast to 2030

The North America biostimulants market is projected to grow from US$ 616.16 million
in 2022 to US$ 1,167.84 million by 2028, registering a compound annual growth
rate (CAGR) of 11.2% during the forecast period.

Biostimulants—comprising a range of substances and
microorganisms—enhance plant growth and resilience without negatively impacting
the environment. These products can be used alongside fertilizers, reducing
overall fertilizer dependence while improving nutrient uptake, plant
development, and tolerance to abiotic stress. Unlike chemical fertilizers,
which often have low nutrient use efficiency, biostimulants can help mitigate
environmental issues such as eutrophication. For instance, nutrients like phosphorus
may precipitate in the soil and become less available to plants, while nitrogen
can be lost through nitrate leaching—issues that biostimulants help address.

Rising fertilizer prices are further accelerating interest
in biostimulants. According to the American Farm Bureau Federation, by December
2021, the cost of key fertilizers in the U.S. had surged significantly compared
to September 2020. Prices for ammonia increased by over 210%, liquid nitrogen
by more than 159%, and urea by 155%. Additionally, MAP and DAP rose by 125% and
100%, respectively, while potash prices climbed more than 134%. This price
pressure on conventional fertilizers is expected to drive farmers toward more
sustainable and cost-effective alternatives like biostimulants.

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The introduction of innovative technologies and product
features is also helping biostimulant vendors attract new customers and expand
their presence in emerging markets. These developments are expected to further
support the market’s robust growth across North America.

Strategic Insights: North America Biostimulants Market

Strategic insights into the North America biostimulants
market deliver a data-driven assessment of the current industry landscape,
highlighting key trends, leading players, and regional dynamics. These insights
provide actionable guidance to help stakeholders—whether investors,
manufacturers, or distributors—identify emerging opportunities, differentiate
from competitors, and craft unique value propositions.

By harnessing advanced data analytics, stakeholders can
better anticipate market shifts and evolving consumer demands. A
forward-looking approach enables proactive decision-making, supporting
long-term success in a rapidly changing environment. Ultimately, these
strategic insights empower industry players to drive profitability, capture
untapped market segments, and align their strategies with future growth
trajectories.

Market leaders and key company profiles

  BASF SE

  UPL Ltd

  Valagro S.P.A.

  Gowan Company

  FMC Corporation

  Haifa Negev
Technologies Ltd.

  ADAMA

  Rallis India
Limited



North America Biostimulants Regional Insights

The geographic scope of the North America Biostimulants
refers to the specific areas in which a business operates and competes.
Understanding local distinctions, such as diverse consumer preferences (e.g.,
demand for specific plug types or battery backup durations), varying economic
conditions, and regulatory environments, is crucial for tailoring strategies to
specific markets. Businesses can expand their reach by identifying underserved
areas or adapting their offerings to meet local demands. A clear market focus
allows for more effective resource allocation, targeted marketing campaigns,
and better positioning against local competitors, ultimately driving growth in
those targeted areas.

North America Biostimulants Market Segmentation

The North America biostimulants market is
segmented based on product, application, crop type, and country. Based on
product, the market is segmented into humic substances, amino acids,
microbial stimulants, seaweed extracts, and others. In 2022, the humic
substances segment held the largest share of the market. The same segment is
expected to register the highest CAGR during the forecast period. Based on
application, the North America biostimulants market is segmented into foliar
spray, seed treatment, and soil application. The foliar spray segment held the
largest market share in 2022, and it is also expected to register the highest
CAGR in the market during the forecast period. Based on application, the North
America biostimulants market is segmented into cereals and
grains, oilseeds and pulses, fruits and vegetables, turf and landscape,
and others. The cereals and grains segment held the largest market share in
2022, and the turf and landscape segment is expected to register the highest
CAGR in the market during the forecast period. Based on country, the North
America biostimulants market is segmented into the US, Canada, and Mexico. In
2022, the US held the largest market share. It is also expected to register the
highest CAGR during the forecast period.

BASF SE, UPL Ltd, Valagro S.P.A., Gowan Company, FMC
Corporation, Haifa Negev Technologies Ltd., ADAMA, and Rallis India Limited are
among the leading companies in the North America biostimulants market.


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About Us:
Business Market Insights is a market research platform that provides
subscription service for industry and company reports. Our research team has
extensive professional expertise in domains such as Electronics &
Semiconductor; Aerospace & Défense; Automotive & Transportation; Energy
& Power; Healthcare; Manufacturing & Construction; Food &
Beverages; Chemicals & Materials; and Technology, Media, &
Telecommunications


Author’s Bio
Akshay
Senior Market Research Expert at Business Market Insights

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