Global biostimulants market to triple by 2032

The world is starting to realise the powerful role biostimulants can play across the agricultural industry.

The global biostimulants market size was valued at $3.5 billion in 2022 and is projected to reach around $10.25 billion by 2032.

This headline from a recent report (Biostimulants Market Size, Growth, Trends, Report By 2032 (precedenceresearch.com) clearly indicates how the adoption of biostimulants is accelerating now that there is evidence of their positive impact on crops.
The report cites the same reasons we’ve previously mentioned about some of the challenges facing the agricultural sector, such as:

• Rising population and demand for food
• Environmental changes negatively impacting growing conditions
• Overexploitation of regular assets, such as fertilisers
• Loss of biodiversity
• Food waste

Demand for more eco-accommodating choices is also applying pressure, meaning interest in biostimulant products is already rising, and predicted to increase more throughout the next decade.
Maxstim has already been championing this biostimulant-led approach to agricultural inputs. Our growing knowledge and evidence of biostimulant efficacy is just one of the resources available that demonstrates a positive impact on crops.