Canada Biostimulants Market Size & Outlook, 2025-2031
Canada Biostimulants Market Size
According to Straits Research analysis, the Canada Biostimulants Market was valued at USD 59.38 Million in 2024 and is projected to reach USD 131.19 Million by 2031, expanding at a CAGR of 12.1% during the forecast period. Primary industries driving this growth include agriculture and energy, both needing biostimulants for soil enhancement, crop yield improvement, and biomass fuel production. Key demand drivers include bio-based fertilisers' increasingly widespread use, sustainable agriculture practices, and green energy production. Importantly, technological advancements in biostimulant production methods are enabling cost-effective and efficient processes, sparking export potential. Looking ahead, Canada is strategically positioning itself as a pivotal player in the global biostimulants market, leveraging its robust agricultural sector, innovation in green technologies, and commitment to sustainability.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Canada Biostimulants Market Highlights
- Amino Acids held the leading position among Active Ingredient segments in 2024, based on market size.
- Fulvic Acid is projected to post the fastest growth rate, sustaining its position as the most attractive Active Ingredient segment during the forecast horizon.
- Canada accounted for 1.69% of the global biostimulants market size in 2024.
- By 2031, United States is expected to remain the top global market in terms of size.
- Within North America, United States is forecasted to dominate the regional biostimulants market size by 2031.
- Canada will be the fastest-growing market in North America, projected to achieve USD 735.73 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 59.38 Million |
| Market Size In 2031 | USD 131.19 Million |
| Largest segment | Amino Acids |
| Fastest segment | Fulvic Acid |
| Units | Revenue in USD Million |
| CAGR | 12.1% (2025-2031) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Canada Biostimulants Market Share By Active Ingredient
Segmentation Covered
| Segments | Sub Segments |
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| Active Ingredient |
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| Application |
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Canada Biostimulants Market By Active Ingredient 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
Canada Biostimulants Market By Origin 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
Canada Biostimulants Market By Application 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
Canada Biostimulants Market By Crop Type 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
