Australia Biostimulants Market Size & Outlook, 2025-2031
Australia Biostimulants Market Size
According to Straits Research analysis, the Australia Biostimulants Market was valued at USD 45.69 Million in 2024 and is projected to reach USD 122.41 Million by 2031, expanding at a CAGR of 15.2% during the forecast period. The key drivers propelling this market growth include increasing trend towards sustainable agriculture and an enhanced need for quality produce from agriculture and horticulture sectors. Opportunities lie in the integration of technologies like nanotechnology to improve biostimulant efficiency and the potential for exports due to Australia's strong agricultural sector. The predominant use of biostimulants in the diverse Australian agricultural landscape is expected to spur further demand. As such, Australia continues to boost its market position by capitalizing on innovation and sustainable production practices in the biostimulants industry.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Australia Biostimulants Market Highlights
- By 2024, Amino Acids represented the largest share of the Active Ingredient market size.
- Fulvic Acid is expected to remain the key growth driver within Active Ingredient, registering the fastest CAGR during the forecast period.
- As of 2024, Australia held 1.3% of the global biostimulants market size.
- By 2031, United States is anticipated to capture the largest share of the global biostimulants market.
- In Asia Pacific, China is expected to lead the regional biostimulants market size by 2031.
- India will remain the fastest-growing market in Asia Pacific, reaching USD 2354.6 Million by 2031.
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Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2021-2031 |
| Historical Period | 2021-2023 |
| Forecast Period | 2025-2031 |
| Market Size In 2024 | USD 45.69 Million |
| Market Size In 2031 | USD 122.41 Million |
| Largest segment | Amino Acids |
| Fastest segment | Fulvic Acid |
| Units | Revenue in USD Million |
| CAGR | 15.2% (2025-2031) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Australia Biostimulants Market Share By Active Ingredient
Segmentation Covered
| Segments | Sub Segments |
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| Active Ingredient |
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Australia Biostimulants Market By Active Ingredient 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
Australia Biostimulants Market By Origin 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
Australia Biostimulants Market By Application 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
Australia Biostimulants Market By Crop Type 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
