The biostimulants market in South & Central America is expected to grow from US$ 422.29 million in 2022 to US$ 748.13 million by 2028; it is estimated to grow at a CAGR of 10.0% from 2022 to 2028.
In the last few decades, technological innovations have been proposed to enhance the sustainability of agricultural production systems by significantly reducing synthetic agrochemicals such as pesticides and fertilizers. A promising eco-friendly innovation would be using natural plant biostimulants (PBs) that enhance flowering, plant growth, fruit set, crop productivity, and nutrient use efficiency (NUE) and can also improve the tolerance against a wide range of abiotic stressors. Due to technological advancements in the biostimulants and plant-growth promotor categories, manufacturers have a chance to develop new products in the biostimulants industry. The use of biostimulants as a stimulator of plant growth is gaining momentum in agriculture. Biostimulants were first restricted to vegetables, fruit crops, and other high-value crops such as ornamental and plantation crops. They now serve a crucial role in the intake of nutrients by traditional food crops such as corn, wheat, and nasturtium by acting as an additional fertilizer in conjunction with fertilizers. Thus, many innovative sources are being developed by key players such as UPL and Valagro S.p.A. Moreover, the developments in genetic engineering are leading to the production of highly effective biostimulants. Market players are increasingly focusing on developing technologies. For instance, in March 2020, Valagro announced the launch of Talete, a new biostimulant, originating from the exclusive GeaPower technology platform, to increase crop water productivity.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the South & Central America biostimulants market at a substantial CAGR during the forecast period.
South & Central America Biostimulants Market Revenue and Forecast to 2028 (US$ Million)

South & Central America Biostimulants Market Segmentation
The South & Central America biostimulants market is segmented on the basis of product, application, crop type, and country. Based on product, the market is segmented into humic substances, amino acids, microbial stimulants, seaweed extracts, and others. In 2022, the humic substances segment held a larger share of the market. On the other hand the same segment is expected to register a higher CAGR during the forecast period. Based on application, the South & Central America biostimulants market is segmented into foliar spray, seed treatment, and soil application. The foliar spray segment held the largest market share in 2022 and it is also expected to register the highest CAGR in the market during the forecast period. Based on application, the South & Central America biostimulants market is segmented into cereals and grains, oilseeds and pulses, fruits and vegetables, turf and landscape, and others. The cereals and grains segment held the largest market share in 2022 and turf and landscape is expected to register the highest CAGR in the market during the forecast period. Based on country, the South & Central America biostimulants market is segmented into Brazil, Argentina, and the Rest of South & Central America. In 2022, Brazil held the largest market share. It is also expected to register the highest CAGR during the forecast period.
BASF SE; UPL Ltd; Valagro S.P.A.; Gowan Company; FMC Corporation; Haifa Negev Technologies Ltd.; ADAMA; and Rallis India Limited are among the leading companies in the South & Central America biostimulants market.

TABLE OF CONTENTS

1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 South & Central America Biostimulants Market, by Product
1.3.2 South & Central America Biostimulants Market, by Mode of Application
1.3.3 South & Central America Biostimulants Market, by Crop Type
1.3.4 South & Central America Biostimulants Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. South & Central America Biostimulants Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Threat of New Entrants:
4.2.2 Bargaining Power of Suppliers:
4.2.3 Bargaining Power of Buyers:
4.2.4 Competitive Rivalry:
4.2.5 Threat of Substitutes:
4.3 Ecosystem Analysis
4.3.1 Overview:
4.3.2 Raw Material Suppliers:
4.3.3 Manufacturers
4.3.4 Distributors
4.3.5 End-User
4.4 Expert Opinion
5. South & Central America Biostimulants Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Burgeoning Demand for Organic Food
5.1.2 Boosting Technological Advancements for Biostimulants Production
5.2 Market Restraints
5.2.1 Lack of Legal Compliance in the Biostimulants Industry
5.3 Market Opportunities
5.3.1 Higher use of biostimulant as an alternative due to the rise in the price of conventional fertilizer
5.4 Future Trends
5.4.1 Raising Expansion in Organic Production Practices
5.5 Impact Analysis
6. South & Central America Biostimulants – Market Analysis
6.1 South & Central America Biostimulants Market Overview
6.2 South & Central America Biostimulants Market –Volume and Forecast to 2028 (Tons)
6.3 South & Central America Biostimulants Market –Revenue and Forecast to 2028 (US$ Million)
7. South & Central America Biostimulants Market Analysis – By Product
7.1 Overview
7.2 South & Central America Biostimulants Market, by Product
7.3 Humic Substances
7.3.1 Overview
7.3.2 Humic Substances: Biostimulants Market – Revenue and Forecast to 2028 (US$ Million)
7.3.3 Humic Substances: Biostimulants Market – Volume and Forecast to 2028 (Tons)
7.4 Amino Acids
7.4.1 Overview
7.4.2 Amino Acids: Biostimulants Market – Revenue and Forecast to 2028 (US$ Million)
7.4.3 Amino Acids: Biostimulants Market – Volume and Forecast to 2028 (Tons)
7.5 Microbial Stimulants
7.5.1 Overview
7.5.2 Microbial Stimulants: Biostimulants Market – Revenue and Forecast to 2028 (US$ Million)
7.5.3 Microbial Stimulants: Biostimulants Market – Volume and Forecast to 2028 (Tons)
7.6 Seaweed Extracts
7.6.1 Overview
7.6.2 Seaweed Extracts: Natural Surfactants Market – Revenue and Forecast to 2028 (US$ Million)
7.6.3 Seaweed Extracts: Natural Surfactants Market – Volume and Forecast to 2028 (Tons)
7.7 Others
7.7.1 Overview
7.7.2 Others: Natural Surfactants Market – Revenue and Forecast to 2028 (US$ Million)
7.7.3 Others: Natural Surfactants Market – Volume and Forecast to 2028 (Tons)
8. South & Central America Biostimulants Market Analysis – Mode of Application
8.1 Overview
8.2 South & Central America Biostimulants Market, by Mode of Application
8.3 Foliar Spray
8.3.1 Overview
8.3.2 Foliar Spray: Biostimulants Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Seed Treatment
8.4.1 Overview
8.4.2 Seed Treatment: Biostimulants Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Soil Application
8.5.1 Overview
8.5.2 Soil Application: Biostimulants Market – Revenue and Forecast to 2028 (US$ Million)
9. South & Central America Biostimulants Market Analysis – Crop Type
9.1 Overview
9.2 South & Central America Biostimulants Market, by Crop Type
9.3 Cereals and Grains
9.3.1 Overview
9.3.2 Cereals and Grains: Biostimulants Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Oilseeds and Pulses
9.4.1 Overview
9.4.2 Oilseeds and Pulses: Biostimulants Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Fruits and Vegetables
9.5.1 Overview
9.5.2 Fruits and Vegetables: Biostimulants Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Turf and Landscape
9.6.1 Overview
9.6.2 Turf and Landscape: Biostimulants Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: Biostimulants Market – Revenue and Forecast to 2028 (US$ Million)
10. South & Central America Biostimulants Market – Country Analysis
10.1 Overview
10.1.1 South America: Biostimulants Market, by Key Country
10.1.1.1 Brazil: Biostimulants Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.2 Brazil: Biostimulants Market –Volume and Forecast to 2028 (Tons)
10.1.1.2.1 Brazil: Biostimulants Market, by Product
10.1.1.2.2 Brazil: Biostimulants Market, by Product
10.1.1.2.3 Brazil: Biostimulants Market, by Mode of Application
10.1.1.2.4 Brazil: Biostimulants Market, by Crop Type
10.1.1.3 Argentina: Biostimulants Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.4 Argentina: Biostimulants Market –Volume and Forecast to 2028 (Tons)
10.1.1.4.1 Argentina: Biostimulants Market, by Product
10.1.1.4.2 Argentina: Biostimulants Market, by Product
10.1.1.4.3 Argentina: Biostimulants Market, by Mode of Application
10.1.1.4.4 Argentina: Biostimulants Market, by Crop Type
10.1.1.5 Rest of SAM: Biostimulants Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.6 Rest of SAM: Biostimulants Market –Volume and Forecast to 2028 (Tons)
10.1.1.6.1 Rest of SAM: Biostimulants Market, by Product
10.1.1.6.2 Rest of SAM: Biostimulants Market, by Product
10.1.1.6.3 Rest of SAM: Biostimulants Market, by Mode of Application
10.1.1.6.4 Rest of SAM: Biostimulants Market, by Crop Type
11. Industry Landscape
11.1 Product launch
11.2 Expansion
11.3 Partnership
11.4 Company News
12. Company Profiles
12.1 BASF SE
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 UPL Ltd
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Valagro S.P.A.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Gowan Company
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 FMC Corporation
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Haifa Negev Technologies Ltd.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 ADAMA
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Rallis India Limited
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms

LIST OF TABLES

Table 1.             South & Central America Biostimulants Market –Volume and Forecast to 2028 (Tons)
Table 2.             South & Central America Biostimulants Market –Revenue and Forecast to 2028 (US$ Million)
Table 3.             Brazil Biostimulants Market, by Product – Revenue and Forecast to 2028 (US$ Million)
Table 4.             Brazil Biostimulants Market, by Product – Volume and Forecast to 2028 (Tons)
Table 5.             Brazil Biostimulants Market, by Mode of Application – Revenue and Forecast to 2028 (US$ Million)
Table 6.             Brazil Biostimulants Market, by Crop Type – Revenue and Forecast to 2028 (US$ Million)
Table 7.             Argentina Biostimulants Market, by Product – Revenue and Forecast to 2028 (US$ Million)
Table 8.             Argentina Biostimulants Market, by Product – Volume and Forecast to 2028 (Tons)
Table 9.             Argentina Biostimulants Market, by Mode of Application – Revenue and Forecast to 2028 (US$ Million)
Table 10.          Argentina Biostimulants Market, by Crop Type – Revenue and Forecast to 2028 (US$ Million)
Table 11.          Rest of SAM Biostimulants Market, by Product – Revenue and Forecast to 2028 (US$ Million)
Table 12.          Rest of SAM Biostimulants Market, by Product – Volume and Forecast to 2028 (Tons)
Table 13.          Rest of SAM Biostimulants Market, by Mode of Application – Revenue and Forecast to 2028 (US$ Million)
Table 14.          Rest of SAM Biostimulants Market, by Crop Type – Revenue and Forecast to 2028 (US$ Million)
Table 15.          Glossary of Terms, South & Central America Biostimulants Market
 
 

LIST OF FIGURES

Figure 1.           South & Central America Biostimulants Market Segmentation
Figure 2.           South & Central America Biostimulants Market Segmentation – By Country
Figure 3.           South & Central America Biostimulants Market Overview
Figure 4.           South & Central America Biostimulants Market, By Product
Figure 5.           South & Central America Biostimulants Market, by Country
Figure 6.           South & Central America Biostimulants Market, Industry Landscape
Figure 7.           Porter’s Five Forces Analysis of Biostimulants Market
Figure 8.           South & Central America Biostimulants Market, Ecosystem
Figure 9.           Expert Opinion
Figure 10.        South & Central America Biostimulants Market Impact Analysis of Drivers and Restraints
Figure 11.        South & Central America Biostimulants Market – Volume and Forecast to 2028 (Tons)
Figure 12.        South & Central America Biostimulants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13.        South & Central America Biostimulants Market Revenue Share, by Product (2021 and 2028)
Figure 14.        Humic Substances: Biostimulants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15.        Humic Substances: Biostimulants Market – Volume and Forecast to 2028 (Tons)
Figure 16.        Amino Acids: Biostimulants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17.        Amino Acids: Biostimulants Market – Volume and Forecast to 2028 (Tons)
Figure 18.        Microbial Stimulants: Biostimulants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19.        Microbial Stimulants: Biostimulants Market – Revenue and Forecast to 2028 (Tons)
Figure 20.        Seaweed Extracts: Natural Surfactants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21.        Seaweed Extracts: Natural Surfactants Market – Volume and Forecast to 2028 (Tons)
Figure 22.        Others: Natural Surfactants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23.        Others: Natural Surfactants Market – Volume and Forecast to 2028 (Tons)
Figure 24.        South & Central America Biostimulants Market Revenue Share, by Mode of Application (2021 and 2028)
Figure 25.        Foliar Spray: Biostimulants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26.        Seed Treatment: Biostimulants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27.        Soil Application: Biostimulants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28.        South & Central America Biostimulants Market Revenue Share, by Crop Type (2021 and 2028)
Figure 29.        Cereals and Grains: Biostimulants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30.        Oilseeds and Pulses: Biostimulants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31.        Fruits and Vegetables: Biostimulants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32.        Turf and Landscape: Biostimulants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33.        Others: Biostimulants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34.        Geographic Overview of South & Central America Biostimulants Market
Figure 35.        South America: Biostimulants Market Revenue Share, by Key Country (2021 and 2028)
Figure 36.        Brazil: Biostimulants Market –Revenue and Forecast to 2028 (US$ Million)
Figure 37.        Brazil: Biostimulants Market –Volume and Forecast to 2028 (Tons)
Figure 38.        Argentina: Biostimulants Market –Revenue and Forecast to 2028 (US$ Million)
Figure 39.        Argentina: Biostimulants Market –Volume and Forecast to 2028 (Tons)
Figure 40.        Rest of SAM: Biostimulants Market –Revenue and Forecast to 2028 (US$ Million)
Figure 41.        Rest of SAM: Biostimulants Market –Volume and Forecast to 2028 (Tons)

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the South & Central America biostimulants market.
● Highlights key business priorities in order to assist companies to realign their business strategies
● The key findings and recommendations highlight crucial progressive industry trends in the South & Central America biostimulants market, thereby allowing players across the value chain to develop effective long-term strategies
● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
● Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the biostimulants market, as well as those hindering it
● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

The List of Companies – South & Central America Biostimulants Market

● BASF SE
● UPL Ltd
● Valagro S.P.A.
● Gowan Company
● FMC Corporation
● Haifa Negev Technologies Ltd.
● ADAMA
● Rallis India Limited

At 10.0% CAGR, the South & Central America Biostimulants Market is speculated to be worth US$ 748.13 million by 2028, says The Insight Partners

According to The Insight Partners’ research, the South & Central America biostimulants market was valued at US$ 422.29 million in 2022 and is expected to reach US$ 748.13 million by 2028, registering an annual growth rate of 10.0% from 2022 to 2028. Burgeoning demand for organic food and boosting technological advancements for biostimulants production.

Consumers across the region are increasingly interested in organic products, such as organic fruits, vegetables, and other organic food products. The rise in the demand for organic food is mostly due to the increasing number of health-conscious people and a surge in awareness about the health risks posed by using chemical fertilizers and plant growth promoters. Biostimulants have no side effects on beneficial plants or human health. The changing preference of most people for healthier food products is increasing the demand for organic products. This is encouraging farmers worldwide to produce crops using organic methods. Additionally, using organic and bio-based compounds in agriculture and forestry offers a significant opportunity for farmers to improve root and shoot growth, better growth potential, and stress resistance. Also, the rising demand for organic food and growing organic farming increase the demand for biological crop nutrition. This growing demand for biological crop nutrition is driving the biostimulants market significantly. The sales of organic products have consistently increased over the last decades. Growth in the organic food industry is triggering the demand for biostimulants. Hence, the growing demand for organic food, such as grains, pulses, fruits, and vegetables are driving the biostimulants market across the region.

On the contrary, absence legal compliance in biostimulants industry.

Based on product, the South & Central America biostimulants market is segmented into humic substances, amino acids, microbial stimulants, seaweed extracts, and others. The seaweed extracts segment held 57.6% market share in 2022, amassing US$ 243.20 million. It is projected to garner US$ 431.65 million by 2028 to expand at 10.0% CAGR during 2022–2028. Based on application, the South & Central America biostimulants market is segmented into foliar spray, seed treatment, and soil application. The foliar spray segment held 78.5% market share in 2022, amassing US$ 331.45 million. It is projected to garner US$ 590.26 million by 2028 to expand at 10.1% CAGR during 2022–2028. Based on crop type, the South & Central America biostimulants market is segmented into cereals and grains, oilseeds and pulses, fruits and vegetables, turf and landscape, and others. The cereals and grains segment held 51.5% market share in 2022, amassing US$ 217.46 million. It is projected to garner US$ 386.52 million by 2028 to expand at 10.1% CAGR during 2022–2028 Based on country, the South & Central America biostimulants market has been segmented into Brazil, Argentina, and Rest of SAM. Our regional analysis states that Brazil captured 47.1% market share in 2022. It was assessed at US$ 198.84 million in 2022 and is likely to hit US$ 358.92 million by 2028, exhibiting a CAGR of 10.3% during the forecast period. Key players dominating the South & Central America biostimulants market are BASF SE; UPL Ltd; Valagro S.P.A.; Gowan Company; FMC Corporation; Haifa Negev Technologies Ltd.; ADAMA; and Rallis India Limited among others.

In June 2022, Haifa Negev Technologies Ltd. launched a new line of plant biostimulants under the HaifaStim trademark. These biostimulants strengthen plants and improve their growing environment, while fertilizers of the company provide them with all required nutrients. In November 2021, Valagro was recognized at the 2021 Crop Science Awards for the innovative biostimulant TALETE, which has been awarded Best New Biological Product (Biostimulant). TALETE, developed by means of our proprietary GeaPower technology, helps crops enhance Crop Water Productivity, the economical or biophysical gain for each unit of water used in crop production.