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The Global Biostimulants market size is expected to reach a market value of USD 2.9 billion in 2024 and is further expected to reach a market value of USD 5.9 billion by 2024 to 2033, at a CAGR of 8.1%.
The biostimulants market is witnessing sizeable growth as the global industry now acknowledges the benefits of biostimulants in improving crop yield and resilience. The marketplace size is expanding due to the rising demand for sustainable agricultural practices that enhance plant health without the environmental effect of traditional fertilizers and insecticides. The use of biostimulants, such as seaweed extracts and amino acid-based products, is gaining traction amongst farmers and agronomists looking to optimize overall crop performance and soil fitness.
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