South America Biostimulants Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029

The South America Biostimulants Market is segmented by Form (Amino Acids, Fulvic Acid, Humic Acid, Protein Hydrolysates, Seaweed Extracts), by Crop Type (Cash Crops, Horticultural Crops, Row Crops) and by Country (Argentina, Brazil). The report offers market size in both market value in USD and market volume in metric ton. Further, the report includes market split by form and various crop types.

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South America Biostimulants Market Size

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South America Biostimulants Market Summary
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Icons Lable Value
https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2017 - 2029
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2024) USD 480.37 Million
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2029) USD 823.78 Million
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Form Seaweed Extracts
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2029) 11.39 %
https://s3.mordorintelligence.com/globe/1629285706162_test~globe_globe.svg Largest Share by Country Brazil

Major Players

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*Disclaimer: Major Players sorted in alphabetical order.

Key Players

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South America Biostimulants Market Analysis

The South America Biostimulants Market size is estimated at 480.37 million USD in 2024, and is expected to reach 823.78 million USD by 2029, growing at a CAGR of 11.39% during the forecast period (2024-2029).

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480.37 Million

Market Size in 2024 (USD)

823.78 Million

Market Size in 2029 (USD)

5.36 %

CAGR (2017-2023)

11.39 %

CAGR (2024-2029)

Largest by Form

52.92 %

value share, Seaweed Extracts , 2023

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Seaweed extract biostimulants shows beneficial effects on plants increases overall plant growth and productivity and increases resistance to biotic and abiotic stresses.

Fastest by Form

14.43 %

Projected CAGR, Amino Acids , 2024-2029

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Amino acids plays important role in enhancing plant productivity especially, under stress conditions. Row crops dominated the amino acids market with a share of 82.7% in 2022.

Largest by Crop Type

78.47 %

value share, Row Crops , 2023

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The major row crops cultivated include Barley, Corn, Rice, Sorghum, Soybean, Sunflower, and Wheat. In 2022, field crops having 2.3 lakh hectares Organic acreage.

Largest by Country

64 %

value share, Brazil , 2023

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In Brazil, cash crops holding more organic acreage share accounted for about 86.1% in 2022. Cotton, Sugarcane, and coffee are the major cash crops grown in the country.

Leading Market Player

2.87 %

market share, Trade Corporation International , 2022

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Trade Corporation International offers biostimulant products that provide both micro and macronutrients associated with amino acids obtained through biological fermentation.

  • In the South American biostimulant market, many biostimulants are used as active ingredients, including humic acids, fulvic acids, amino acids, protein hydrolysates, seaweed extracts, chitosan, biopolymers, and other biostimulants such as plant and animal derivatives. Between 2017 and 2022, the value of the biostimulants market in the region increased by 21.4%.
  • The extreme crop stress of Argentina's historic drought season helped demonstrate the powerful effects of biostimulants under difficult growing conditions for corn and soybean. Row crops accounted for 78.3% of the biostimulants market value in 2022. This is due to row crops accounting for approximately 82.3% of the total organic crop area in the region in 2022. Cash crops and horticultural crops accounted for 16.1% and 5.6% of total biostimulants, respectively.
  • In South America, seaweed extract biostimulants held the largest market share, amounting to 51.8% in 2022. With a consumption volume of 26.5 thousand metric tons, the segment was worth USD 199.9 million in 2022. This is due to their ability to improve overall plant health, stress tolerance, root growth, nutrition and water intake, plant growth, and crop yield. Seaweed extracts improve the nutrient uptake and translocation in crops such as maize, oilseed, rapeseed, tomato, wheat, and soybean.
  • Amino acids are the second most consumed biostimulants in the region, with consumption increasing by 20.9% between 2017 and 2022, from 9.2 thousand metric tons in 2017 to 11.2 thousand metric tons in 2022, owing primarily to the region's increasing trend toward sustainable or organic agriculture. The biostimulants market value is anticipated to grow by 89.4% between 2023 and 2029.
South America Biostimulants Market
  • The South American biostimulants market is experiencing significant growth, driven by the region's focus on low-carbon agriculture and the need to feed a growing global population. The usage of both microbial and non-microbial biostimulants in agriculture can lead to substantial reductions in greenhouse gas emissions, making it a top priority for South American nations.
  • Brazil is the largest market for biostimulants in the region, accounting for 64% of the market share. However, the expansion of agriculture for commodity production has resulted in severe erosion of arable land. To address this issue, Brazil aims to meet the United Nations' soil restoration goal well before 2030 by inoculating degraded lands with beneficial soil microbes, including more effective biostimulants.
  • Argentina is a leading country in terms of organic food production in South America, with major organic exports, including cereals, oilseeds, fruits, and sugarcane. The rise in domestic and international demand for organic products is driving the growth of the biostimulants market in the country, which is expected to register a CAGR of 12.52% during the forecast period.
  • The growing awareness among farmers in the region about the benefits of organic agriculture is another factor driving the market growth of organic inputs such as biostimulants. Farmers are considering organic agriculture as an alternative to maintain and protect their local resources and avoid damage to the environment. The biostimulants market in South America is projected to register a CAGR of 10.8% during the forecast period (2023-2029), indicating significant potential for the region's agriculture industry.

South America Biostimulants Market Trends

Growing export demand organic crops soy, corn, sunflower, and wheat, rising the organic acreage for their cultivation in the region

  • The area under organic cultivation of crops in South America was recorded at 672.8 thousand hectares in 2021, according to the data provided by The Research Institute of Organic Agriculture (FibL statistics). Argentina and Uruguay are the major organic-producing countries in the region, with a large area under organic crop cultivation, with Argentina occupying a share of 11.5% of the organic area in the region in 2021. The primary organic crops produced in Argentina include sugarcane, raw wool, fruits, vegetables, and beans. The primary organic exports are soy, corn, sunflower, and wheat.
  • Cash crops accounted for the maximum share of 53.9% under organic crop cultivation in 2021, with 384.3 thousand hectares of land. The region is a major grower of cash crops like sugarcane, cocoa, coffee, and cotton. Brazil is the largest sugarcane-growing country in the region.
  • On the other hand, Uruguay is a large grower of organic fruits and vegetables in the region. The Organic Farmers' Association of Uruguay promotes organic cultivation in the country by partnering with various organic retail outlets. The World Bank-financed Sustainable Management of Natural Resources and Climate Change project (DACC) assisted 5,139 farmers in 2022 to adopt climate-smart agriculture (CSA), which helped increase the area under cultivation of organic crops in the region.
  • Millions of farmers in South America continue to practice no-external input agriculture, which may very well represent the future of the region's economy despite the noticeably low domestic production. The population is becoming more health conscious, which creates a larger market for South America's increasingly environmentally friendly and sustainable farming system.
South America Biostimulants Market

Approximately 49% consumers are interested in purchasing organic food, which is majorly observed in Argentina, Brazil, and Colombia countries

  • South America is one of the important producers and exporters of organic food products globally. The per capita spending on organic food products in South America is comparatively lesser than in other parts of the world. The average per capita spending was recorded as USD 4.3 in 2022. Nevertheless, these export-oriented countries are now generating an often-overlooked domestic demand.
  • The demand for naturally grown products like organic food in South American countries like Argentina, Brazil, and Colombia has increased. A survey conducted by Wisconsin Economic Development in 2021 proved that consumers are willing to pay higher prices for organically grown food. The study revealed that 43-49% of consumers are conscious about their health. Brazil ranks 43rd globally for per capita spending on organic packaged food and beverages.
  • The organic products market in Argentina reached a value of USD 15.9 million in 2021, representing 0.03% of the global market value, with a per capita consumption of USD 0.35, as per the data given by Global Organic Trade in 2021.
  • Currently, the market for organic foods in the region is very fragmented, with its availability limited to a few supermarkets and specialty stores, as only people from higher-income families are potential customers. Many supermarkets, specialized stores, and local farmers’ markets in the region are now selling organic food to satisfy the growing latent demand for such products, mainly in Costa Rica, Mexico, and urban centers of South America. Growing awareness among consumers and their buying motives are expected to lead to a better understanding of the sustainability attributes of organic food in the region.
South America Biostimulants Market

South America Biostimulants Industry Overview

The South America Biostimulants Market is fragmented, with the top five companies occupying 6.42%. The major players in this market are Biolchim SpA, Humic Growth Solutions Inc., Koppert Biological Systems Inc., Trade Corporation International and Vittia Group (sorted alphabetically).

South America Biostimulants Market Leaders

  1. Biolchim SpA

  2. Humic Growth Solutions Inc.

  3. Koppert Biological Systems Inc.

  4. Trade Corporation International

  5. Vittia Group

South America Biostimulants Market Concentration

Other important companies include Atlántica Agrícola, Haifa Group, Plant Response Biotech Inc., Sigma Agriscience LLC, Valagro.

*Disclaimer: Major Players sorted in alphabetical order.

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South America Biostimulants Market News

  • February 2022: Plant Response was acquired by The Mosaic Company, which is a global fertilizer manufacturer. This acquisition strengthens the company's global presence and helps develop new products and solutions for the customers sustainably.
  • September 2021: Tradecorp launched Biimore worldwide, a biostimulant obtained from a plant fermentation process. Biimore comprises a unique combination of primary and secondary compounds, L-α amino acids, vitamins, sugars, and traces of other natural compounds.
  • January 2021: Atlántica Agrícola developed Micomix, a biostimulant composed primarily of mycorrhizal fungi, rhizobacteria, and chelated micronutrients. The presence and development of these microorganisms in the rhizosphere create a symbiotic relationship with the plant that favors the absorption of water and mineral nutrients and increases its tolerance to water and salt stress.

Free with this Report

Along with the report, We also offer a comprehensive and exhaustive data pack on Areas under organic cultivation, one of the key trends that affect the market size of agricultural biologicals. This data pack also includes areas under cultivation by crop types, such as Row Crops (Cereals, Pulses, and Oilseeds), Horticultural Crops (Fruits and Vegetables), and Cash Crops in North America, Europe, Asia-Pacific, South America and Africa.

South America Biostimulants Market
South America Biostimulants Market
South America Biostimulants Market
South America Biostimulants Market

South America Biostimulants Market Report - Table of Contents

  1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. REPORT OFFERS

  3. 1. INTRODUCTION

    1. 1.1. Study Assumptions & Market Definition

    2. 1.2. Scope of the Study​

    3. 1.3. Research Methodology

  4. 2. KEY INDUSTRY TRENDS

    1. 2.1. Area Under Organic Cultivation

    2. 2.2. Per Capita Spending On Organic Products

    3. 2.3. Regulatory Framework

      1. 2.3.1. Argentina

      2. 2.3.2. Brazil

    4. 2.4. Value Chain & Distribution Channel Analysis

  5. 3. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)

    1. 3.1. Form

      1. 3.1.1. Amino Acids

      2. 3.1.2. Fulvic Acid

      3. 3.1.3. Humic Acid

      4. 3.1.4. Protein Hydrolysates

      5. 3.1.5. Seaweed Extracts

      6. 3.1.6. Other Biostimulants

    2. 3.2. Crop Type

      1. 3.2.1. Cash Crops

      2. 3.2.2. Horticultural Crops

      3. 3.2.3. Row Crops

    3. 3.3. Country

      1. 3.3.1. Argentina

      2. 3.3.2. Brazil

      3. 3.3.3. Rest of South America

  6. 4. COMPETITIVE LANDSCAPE

    1. 4.1. Key Strategic Moves

    2. 4.2. Market Share Analysis

    3. 4.3. Company Landscape

    4. 4.4. Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).

      1. 4.4.1. Atlántica Agrícola

      2. 4.4.2. Biolchim SpA

      3. 4.4.3. Haifa Group

      4. 4.4.4. Humic Growth Solutions Inc.

      5. 4.4.5. Koppert Biological Systems Inc.

      6. 4.4.6. Plant Response Biotech Inc.

      7. 4.4.7. Sigma Agriscience LLC

      8. 4.4.8. Trade Corporation International

      9. 4.4.9. Valagro

      10. 4.4.10. Vittia Group

  7. 5. KEY STRATEGIC QUESTIONS FOR AGRICULTURAL BIOLOGICALS CEOS

  8. 6. APPENDIX

    1. 6.1. Global Overview

      1. 6.1.1. Overview

      2. 6.1.2. Porter’s Five Forces Framework

      3. 6.1.3. Global Value Chain Analysis

      4. 6.1.4. Market Dynamics (DROs)

    2. 6.2. Sources & References

    3. 6.3. List of Tables & Figures

    4. 6.4. Primary Insights

    5. 6.5. Data Pack

    6. 6.6. Glossary of Terms

List of Tables & Figures

  1. Figure 1:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, AREA UNDER ORGANIC CULTIVATION, HECTARES, 2017 - 2022
  1. Figure 2:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, PER CAPITA SPENDING ON ORGANIC PRODUCTS, USD, 2017 - 2022
  1. Figure 3:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 4:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, VALUE, USD, 2017 - 2029
  1. Figure 5:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, BY FORM, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 6:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, BY FORM, VALUE, USD, 2017 - 2029
  1. Figure 7:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, VOLUME SHARE(%), BY FORM, 2017 - 2029
  1. Figure 8:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, VALUE SHARE(%), BY FORM, 2017 - 2029
  1. Figure 9:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, BY FORM, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 10:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, BY FORM, VALUE, USD, 2017 - 2029
  1. Figure 11:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, VALUE SHARE(%), BY CROP TYPE, 2022 - 2029
  1. Figure 12:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, BY FORM, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 13:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, BY FORM, VALUE, USD, 2017 - 2029
  1. Figure 14:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, VALUE SHARE(%), BY CROP TYPE, 2022 - 2029
  1. Figure 15:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, BY FORM, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 16:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, BY FORM, VALUE, USD, 2017 - 2029
  1. Figure 17:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, VALUE SHARE(%), BY CROP TYPE, 2022 - 2029
  1. Figure 18:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, BY FORM, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 19:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, BY FORM, VALUE, USD, 2017 - 2029
  1. Figure 20:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, VALUE SHARE(%), BY CROP TYPE, 2022 - 2029
  1. Figure 21:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, BY FORM, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 22:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, BY FORM, VALUE, USD, 2017 - 2029
  1. Figure 23:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, VALUE SHARE(%), BY CROP TYPE, 2022 - 2029
  1. Figure 24:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, BY FORM, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 25:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, BY FORM, VALUE, USD, 2017 - 2029
  1. Figure 26:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, VALUE SHARE(%), BY CROP TYPE, 2022 - 2029
  1. Figure 27:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, BY CROP TYPE, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 28:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, BY CROP TYPE, VALUE, USD, 2017 - 2029
  1. Figure 29:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, VOLUME SHARE(%), BY CROP TYPE, 2017 - 2029
  1. Figure 30:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, VALUE SHARE(%), BY CROP TYPE, 2017 - 2029
  1. Figure 31:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, BY CROP TYPE, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 32:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, BY CROP TYPE, VALUE, USD, 2017 - 2029
  1. Figure 33:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
  1. Figure 34:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, BY CROP TYPE, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 35:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, BY CROP TYPE, VALUE, USD, 2017 - 2029
  1. Figure 36:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
  1. Figure 37:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, BY CROP TYPE, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 38:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, BY CROP TYPE, VALUE, USD, 2017 - 2029
  1. Figure 39:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
  1. Figure 40:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 41:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
  1. Figure 42:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, VOLUME SHARE(%), BY COUNTRY, 2017 - 2029
  1. Figure 43:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, VALUE SHARE(%), BY COUNTRY, 2017 - 2029
  1. Figure 44:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 45:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
  1. Figure 46:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
  1. Figure 47:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 48:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
  1. Figure 49:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
  1. Figure 50:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, BY COUNTRY, VOLUME, METRIC TON, 2017 - 2029
  1. Figure 51:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, BY COUNTRY, VALUE, USD, 2017 - 2029
  1. Figure 52:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, VALUE SHARE(%), BY FORM, 2022 - 2029
  1. Figure 53:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2017-2022
  1. Figure 54:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET, MOST ADOPTED STRATEGIES, 2017-2022
  1. Figure 55:  
  2. SOUTH AMERICA BIOSTIMULANTS MARKET SHARE(%), BY MAJOR PLAYERS, 2023

South America Biostimulants Industry Segmentation

Amino Acids, Fulvic Acid, Humic Acid, Protein Hydrolysates, Seaweed Extracts are covered as segments by Form. Cash Crops, Horticultural Crops, Row Crops are covered as segments by Crop Type. Argentina, Brazil are covered as segments by Country.

  • In the South American biostimulant market, many biostimulants are used as active ingredients, including humic acids, fulvic acids, amino acids, protein hydrolysates, seaweed extracts, chitosan, biopolymers, and other biostimulants such as plant and animal derivatives. Between 2017 and 2022, the value of the biostimulants market in the region increased by 21.4%.
  • The extreme crop stress of Argentina's historic drought season helped demonstrate the powerful effects of biostimulants under difficult growing conditions for corn and soybean. Row crops accounted for 78.3% of the biostimulants market value in 2022. This is due to row crops accounting for approximately 82.3% of the total organic crop area in the region in 2022. Cash crops and horticultural crops accounted for 16.1% and 5.6% of total biostimulants, respectively.
  • In South America, seaweed extract biostimulants held the largest market share, amounting to 51.8% in 2022. With a consumption volume of 26.5 thousand metric tons, the segment was worth USD 199.9 million in 2022. This is due to their ability to improve overall plant health, stress tolerance, root growth, nutrition and water intake, plant growth, and crop yield. Seaweed extracts improve the nutrient uptake and translocation in crops such as maize, oilseed, rapeseed, tomato, wheat, and soybean.
  • Amino acids are the second most consumed biostimulants in the region, with consumption increasing by 20.9% between 2017 and 2022, from 9.2 thousand metric tons in 2017 to 11.2 thousand metric tons in 2022, owing primarily to the region's increasing trend toward sustainable or organic agriculture. The biostimulants market value is anticipated to grow by 89.4% between 2023 and 2029.
Form
Amino Acids
Fulvic Acid
Humic Acid
Protein Hydrolysates
Seaweed Extracts
Other Biostimulants
Crop Type
Cash Crops
Horticultural Crops
Row Crops
Country
Argentina
Brazil
Rest of South America
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Market Definition

  • AVERAGE DOSAGE RATE - The average application rate is the average volume of biostimulants applied per hectare of farmland in the respective region/country.
  • CROP TYPE - Crop type includes Row crops (Cereals, Pulses, Oilseeds), Horticultural Crops (Fruits and vegetables) and Cash Crops (Plantation Crops, Fibre Crops and Other Industrial Crops)
  • FUNCTION - The Crop Protection function of agirucultural biological include products that prevent or control various biotic and abiotic stress.
  • TYPE - Biostimulants boost crop growth and yield by preventing or controlling various abiotic stresses.
Keyword Definition
Cash Crops​ Cash crops are non-consumable crops sold as a whole or part of the crop to manufacture end-products to make a profit.
Integrated Pest Management (IPM)​ IPM is an environment-friendly and sustainable approach to control pests in various crops. It involves a combination of methods, including biological controls, cultural practices, and selective use of pesticides.
Bacterial biocontrol agents​ Bacteria used to control pests and diseases in crops. They work by producing toxins harmful to the target pests or competing with them for nutrients and space in the growing environment. Some examples of commonly used bacterial biocontrol agents include Bacillus thuringiensis (Bt), Pseudomonas fluorescens, and Streptomyces spp.​
Plant Protection Product (PPP)​ A plant protection product is a formulation applied to crops to protect from pests, such as weeds, diseases, or insects. They contain one or more active substances with other co-formulants such as solvents, carriers, inert material, wetting agents or adjuvants formulated to give optimum product efficacy.​
Pathogen​ A pathogen is an organism causing disease to its host, with the severity of the disease symptoms.​
Parasitoids​ Parasitoids are insects that lay their eggs on or within the host insect, with their larvae feeding on the host insect. In agriculture, parasitoids can be used as a form of biological pest control, as they help to control pest damage to crops and decrease the need for chemical pesticides.​
Entomopathogenic Nematodes (EPN)​ Entomopathogenic nematodes are parasitic roundworms that infect and kill pests by releasing bacteria from their gut. Entomopathogenic nematodes are a form of biocontrol agents used in agriculture.​
Vesicular-arbuscular mycorrhiza (VAM)​ VAM fungi are mycorrhizal species of fungus. They live in the roots of different higher-order plants. They develop a symbiotic relationship with the plants in the roots of these plants.​
Fungal biocontrol agents​ Fungal biocontrol agents are the beneficial fungi that control plant pests and diseases. They are an alternative to chemical pesticides. They infect and kill the pests or compete with pathogenic fungi for nutrients and space.​
Biofertilizers​ Biofertilizers contain beneficial microorganisms that enhance soil fertility and promote plant growth.​
Biopesticides​ Biopesticides are natural/bio-based compounds used to manage agricultural pests using specific biological effects.​
Predators​ Predators in agriculture are the organisms that feed on pests and help control pest damage to the crops. Some common predator species used in agriculture include ladybugs, lacewings, and predatory mites.​
Biocontrol agents​ Biocontrol agents are living organisms used to control pests and diseases in agriculture. They are alternatives to chemical pesticides and are known for their lesser impact on the environment and human health.​
Organic Fertilizers​ Organic fertilizer is composed of animal or vegetable matter used alone or in combination with one or more non-synthetically derived elements or compounds used for soil fertility and plant growth.​
Protein hydrolysates (PHs)​ Protein hydrolysate-based biostimulants contain free amino acids, oligopeptides, and polypeptides produced by enzymatic or chemical hydrolysis of proteins, primarily from vegetal or animal sources.​
Biostimulants/Plant Growth Regulators (PGR)​ Biostimulants/Plant Growth Regulators (PGR) are substances derived from natural resources to enhance plant growth and health by stimulating plant processes (metabolism).​
Soil Amendments​ Soil Amendments are substances applied to soil that improve soil health, such as soil fertility and soil structure.​
Seaweed Extract​ Seaweed extracts are rich in micro and macronutrients, proteins, polysaccharides, polyphenols, phytohormones, and osmolytes. These substances boost seed germination and crop establishment, total plant growth and productivity.​
Compounds related to biocontrol and/or promoting growth (CRBPG)​ Compounds related to biocontrol or promoting growth (CRBPG)​ are the ability of a bacteria to produce compounds for phytopathogen biocontrol and plant growth promotion.​
Symbiotic Nitrogen-Fixing Bacteria​ Symbiotic nitrogen-fixing bacteria such as Rhizobium obtain food and shelter from the host, and in return, they help by providing fixed nitrogen to the plants.​
Nitrogen Fixation​ Nitrogen fixation is a chemical process in soil which converts molecular nitrogen into ammonia or related nitrogenous compounds.​
ARS (Agricultural Research Service)​ ARS is the U.S. Department of Agriculture's chief scientific in-house research agency. It aims to find solutions to agricultural problems faced by the farmers in the country.​
Phytosanitary Regulations​ Phytosanitary regulations imposed by the respective government bodies check or prohibit the importation and marketing of certain insects, plant species, or products of these plants to prevent the introduction or spread of new plant pests or pathogens.​
Ectomycorrhizae (ECM)​ Ectomycorrhiza (ECM) is a symbiotic interaction of fungi with the feeder roots of higher plants in which both the plant and the fungi benefit through the association for survival.​
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Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms.
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South America Biostimulants Market Research FAQs

The South America Biostimulants Market size is expected to reach USD 480.37 million in 2024 and grow at a CAGR of 11.39% to reach USD 823.78 million by 2029.

In 2024, the South America Biostimulants Market size is expected to reach USD 480.37 million.

Biolchim SpA, Humic Growth Solutions Inc., Koppert Biological Systems Inc., Trade Corporation International and Vittia Group are the major companies operating in the South America Biostimulants Market.

In the South America Biostimulants Market, the Seaweed Extracts segment accounts for the largest share by form.

In 2024, Brazil accounts for the largest share by country in the South America Biostimulants Market.

In 2023, the South America Biostimulants Market size was estimated at 480.37 million. The report covers the South America Biostimulants Market historical market size for years: 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South America Biostimulants Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

South America Biostimulants Industry Report

Statistics for the 2023 South America Biostimulants market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South America Biostimulants analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

South America Biostimulants Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029