India Biostimulants Market Size & Outlook, 2025-2031
India Biostimulants Market Size
According to Straits Research analysis, the India Biostimulants Market was valued at USD 300.85 Million in 2024 and is projected to reach USD 840.54 Million by 2031, expanding at a CAGR of 15.9% during the forecast period. This substantial growth can be attributed to the increased agriculture activities, the widespread use of specialty fertilizers, and targeted usage in the chemical and energy sectors. New trends in green, low-carbon production and sustainable farming practices are further boosting the sector. Technological advancements in product development and improving export potential are also avenues for market expansion. Given the nation's biostimulants production capacity and strategic initiatives, India is poised to cement its position as a significant player in the global biostimulants market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
India Biostimulants Market Highlights
- In 2024, Amino Acids accounted for the highest share of the Active Ingredient market size.
- During the forecast period, Fulvic Acid is set to register the highest growth, making it the most lucrative Active Ingredient segment.
- As of 2024, India held 8.57% 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 300.85 Million |
| Market Size In 2031 | USD 840.54 Million |
| Largest segment | Amino Acids |
| Fastest segment | Fulvic Acid |
| Units | Revenue in USD Million |
| CAGR | 15.9% (2025-2031) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
India Biostimulants Market Share By Active Ingredient
Segmentation Covered
| Segments | Sub Segments |
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| Active Ingredient |
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India Biostimulants Market By Active Ingredient 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
India Biostimulants Market By Origin 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
India Biostimulants Market By Application 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
India Biostimulants Market By Crop Type 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
