Biostimulants are applied to soil, plants, seeds, and other substrates to stimulate the natural processes of plants with the aim of improving the efficiency of nutrient use by plants. Biostimulants can improve crop quality, crop vigor and yield, and crop tolerance to abiotic stress. Biostimulants contain formulations of various microorganisms, substances, and compounds that are applied to plants or soils.
Biostimulants promote plant development throughout the plant life cycle, from seed germination to crop maturity. Biostimulants differ from traditional agricultural chemical solutions, such as pesticides and fertilizers, in that they work on plant vitality, but they are not intended for use against pests or diseases.
Due to the continuous increase in demand for eco-friendly agro products across the world, the market of biostimulants is anticipated to expand at a substantial pace during the forecast period. Biostimulants is an effective tool for the development of sustainable agricultural products. According to the forecast, the excessive usage of synthetic pesticides, reduction in the availability of arable land, rising demand for higher-value crops, and increasing adoption of eco-friendly agro products are estimated to promote the growth of the global biostimulants market.