Agri-input market for biostimulation moves US$73 million in Brazil

Date:04-01-2024

Recent research from the agency, Data Bridge Market Research (DBMR), shows that the biostimulation market is growing around the world.

″Currently in South America, the biostimulation market is estimated to move US$167 million,″ said Gustavo Gonella, Marketing Director of Acadian Plant Health (APH).

Gustavo Gonella, Marketing Director of Acadian Plant Health (APH)

According to Gonella, in 2030, this figure is expected to reach US$375 million, a growth of 125%.

In Brazil, this segment currently moves around US$73 million, following the trend of increasingly sustainable agriculture, he added, stating, ″For 2030, the forecast is US$169 million, meaning an expansion of 130%.″

He also pointed out that farmers have been facing increasingly difficult challenges in the field.

″In terms of climate change, 2023 was the hottest in 100,000 years, according to the European Union Observatory, and increasingly strict regulations directly influence producers’ decision-making regarding the solutions they use to seek better crop productivity,″ Gonella further said.

In this context, the biostimulant market has become ″one of the most effective options for increasing food supply to the global population,″ he further added.

Faced with these opportunities, Gonella stressed that ″APH works tirelessly to offer the best products obtained through our technology, which originates from the seaweed, Ascophyllum nodosum, present in various countries, including Brazil.″

Data Bridge’s studies encompass regenerative agriculture, an approach aimed at improving soil health and fertility, sequestering carbon, and reducing greenhouse gas emissions (GHGs), as well as improving the quality of watersheds and enhancing farmers' livelihoods and resilience at the same time.

Ricardo Dias, Head of Business at Acadian in Brazil and Paraguay, stressed that APH is dedicated to sustainability and maximizing productivity in the field while protecting the environment.

Ricardo Dias, Head of Business at Acadian in Brazil and Paraguay

″Our products contribute to regenerative agriculture, focusing on recovering degraded soils, increasing carbon sequestration, and improving water efficiency,″ he said.

″The solutions also promote soil health, enhancing microbial biodiversity. Their action to mitigate GHGs is expressed in numbers, with each ton of seaweed absorbing 362 kg of CO₂ and extracting 4.18 kg of nitrogen and 0.26 kg of phosphorus from the ocean annually,″ he added.

(Editing by Leonardo Gottems, reporter for AgroPages)