South Africa Biostimulants Market Size & Outlook, 2025-2031
South Africa Biostimulants Market Size
According to Straits Research analysis, the South Africa Biostimulants Market was valued at USD 28.13 Million in 2024 and is projected to reach USD 70.93 Million by 2031, expanding at a CAGR of 14.4% during the forecast period. Agriculture, a primary application sector, is propelling the demand due to the rising need for higher crop yield and quality. The chemical industry also contributes notably by employing biostimulants in agrochemical mixtures. Emerging trends harnessing energy-efficient, green production and sustainable farming methods are providing new market avenues. Technological advancements further enhance the sector's potential. South Africa's position as a preferred biostimulant exporter is also a significant factor driving market growth. With strategic investments in innovation and sustainability, South Africa is poised to solidify its stance in the global biostimulants market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
South Africa 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.
- South Africa accounted for 0.8% 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 Middle East And Africa, Rest of MEA is forecasted to dominate the regional biostimulants market size by 2031.
- GCC will be the fastest-growing market in Middle East And Africa, projected to achieve USD 525.83 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 28.13 Million |
| Market Size In 2031 | USD 70.93 Million |
| Largest segment | Amino Acids |
| Fastest segment | Fulvic Acid |
| Units | Revenue in USD Million |
| CAGR | 14.4% (2025-2031) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
South Africa Biostimulants Market Share By Active Ingredient
Segmentation Covered
| Segments | Sub Segments |
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| Active Ingredient |
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| Origin |
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| Application |
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| Crop Type |
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South Africa Biostimulants Market By Active Ingredient 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
South Africa Biostimulants Market By Origin 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
South Africa Biostimulants Market By Application 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
South Africa Biostimulants Market By Crop Type 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
