Biostimulants Market Outlook and Forecast to 2022-2029

Use of bio-stimulants has emerged as a sustainable solution that could improve agricultural sustainability and enhance crop yields. Considering this, FMI has forecasted the global biostimulants market to reach a valuation of US$ 6,383.6 Mn in 2029.<br><br>The global demand for biostimulants increased by a magnitude of 10.3% over first half of 2021, it was further estimated to witness a growth rate of 10.8% during first half of 2022, however, biostimulants demand to witness an increase of 20 bps as per the current estimates.

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Biostimulants Market Outlook and Forecast to 2022-2029

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