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Biostimulants

Which biostimulants will farmers actually adopt?

Our take

Healthy soil is the lever. Biostimulants are how plants use it.

DepthSoilFertility and structureRhizosphereMicrobial activityRootsNutrient uptakeCropQuality, stress tolerance

Biostimulants are biological solutions applied to plants or soils to stimulate their natural functions. Unlike fertilizers or pesticides, they do not act as nutrients or protective agents. They support the plant by boosting nutrient uptake, improving tolerance to abiotic stress such as drought, extreme temperatures or soil degradation, enhancing harvest quality (nutritional value, taste, aroma, shelf life) and increasing nutrient availability in the soil or rhizosphere.

Their use reduces the need for synthetic pesticides and fertilizers, which lowers pressure on biodiversity and on the climate. They also help soil fertility and crop resilience to biotic and abiotic stress. Biostimulants are a promising yet still underutilized way to align agronomic performance with environmental sustainability.

They sit within the wider family of biosolutions, which also includes biocontrol. Biocontrol is outside the scope of this page.

How we read the sector, in three steps
  1. 1

    Start with the pressure

    Biodiversity, climate and soil health all point to inputs as part of the problem.

  2. 2

    Split the technology

    Non-microbial and microbial products differ in scale, regulation and defensibility.

  3. 3

    Test adoption and exit

    Farmer economics, fit with the value chain and appetite from agro-industrial buyers decide the outcome.

Agriculture in numbers

A large sector, under pressure

Land use, climate change and various forms of pollution are 3 of the 5 key pressures on biodiversity identified by the IPBES.

Land
157M ha

Dedicated to agriculture in the EU in 2020, 38% of the EU surface. Organic farming covered 10.5% of it.

Eurostat
Fertilizers
9.8Mt

Of mineral fertilizers (N, P) used in EU agriculture in 2022, albeit decreasing since 2017.

Eurostat
Climate
12%

Of the EU's total greenhouse gas emissions come from agriculture.

EEB
Soils
52%

Of soils show moderate to high degradation in France, and 73% of arable soils.

EEB
Birds
-40%

Decline of common farmland birds in the EU between 1990 and 2022.

EEA
Insects
> 1M

Insect species threatened with extinction in the short term.

MNHN
Our take

Conventional inputs shaped modern productivity and now carry an environmental cost. The sector has to produce with less pressure on soil, water and wildlife, and biostimulants are one of the few levers that work inside existing farm practice.

Challenges facing agriculture

Biodiversity, climate, and the soil between them

Phytosanitary products and synthetic fertilizers support high productivity. They also come at a cost.

A cost for biodiversity

Phytosanitary products are a major source of pollution and a key pressure on biodiversity: broad-spectrum insecticide use, reduced quantity and diversity of biomass, habitat loss, disrupted food chains, ingestion of treated seeds, immunotoxicity. In agricultural areas, pollution is one of the main causes of the decline of terrestrial invertebrates, birds and amphibians.

Target: the Ecophyto 2030 strategy (May 2024) reaffirms the goal of cutting the use and risks of phytosanitary products by 50% by 2030.

And for the climate

Agriculture is the second largest source of greenhouse gas emissions in France, after transportation and nearly on par with industry and construction. Nitrous oxide (N₂O) has a global warming potential nearly 300 times that of CO₂. It is the third most significant greenhouse gas, and agriculture emits about 86% of national N₂O, from nitrogen fertilization, mineral or from livestock effluent.

Target: the National Low Carbon Strategy aims to cut agricultural emissions by 46% by 2050. Agroecology is one of its main levers.

At the intersection, soil health

Healthy soils foster biodiversity and, when well maintained, act as carbon sinks. Practices such as crop rotation, reduced tillage and organic farming help prevent degradation and improve soil structure. Biostimulants can be part of that farming itinerary.

Target: the National Biodiversity Strategy names soil preservation and restoration a key lever for biodiversity.

Our take

Three public targets, on pesticides, emissions and soils, push in the same direction. A product that helps a farmer meet them without losing yield has a built-in reason to be adopted.

Market overview

On track to more than double

The market is projected to grow by x2.4 by 2032, with M&A by major agro players as a driver. Europe still leads, but momentum is shifting to new regions.

$4.03B2024$4.47B2025…$9.75B2032x2.4 by 2032CAGR 11.8%
$4.03B to $9.75B

Valued at $4.03 billion in 2024, the market is expected to reach $9.75 billion by 2032, a CAGR of 11.8%. The 2025 value is $4.47 billion.

Nearly 40%

Europe remains the historical stronghold with nearly 40% of the global market and sets regulatory and sustainability standards. The most dynamic growth is now in emerging regions.

Global market share by active ingredient
Seaweed extracts35.03%
Humic substances26.95%
Microbial amendments14.59%
Vitamins and amino acids13.56%
Others9.87%
Two pillars structure the market

Non-microbial

~75%

Around 75% of global market sales, driven by seaweed extracts and humic substances. Their appeal is simplicity, scalability and smooth integration into existing agricultural systems, with regulatory clarity, easy formulation and compatibility with traditional agro-distribution. Strong in regions like Europe and India.

Ease of adoption makes them ideal for rapid scaling. As competition heats up it gets harder to stand out, and innovation and uniqueness become essential.

Microbial

Fastest growing

Still behind in volume, for now. Living inputs such as bacteria and mycorrhizal fungi are steadily gaining ground. They demand more R&D with tailor-made products, tighter regulation and longer development cycles, while their agronomic benefits are increasingly tangible and well documented.

A more technical, innovation-driven segment, harder to copy, with strong long-term differentiation as agriculture shifts towards regenerative practices.

Startup M&A by major agri-players
BCF Life SciencesSparkfood2024
Elephant VertLipofabrik2022
Elephant VertBIO3G2024
ICL Growing SolutionsCore assets of Lavie Bio (integrated)2025
LesaffreAgrauxine, then ABM2021
NichinoInteragro2023
Rovensa GroupAgro-K2023
Sumitomo ChemicalFBSciences2023
VEOS GroupMycorena2024
Our take

Large players are buying innovation pipelines instead of building them. That is a clear exit route, and it favors startups with a differentiated, validated mode of action over those selling a commodity extract.

Technologies overview

One category, many dimensions

Biostimulants are versatile. A single product may combine several active ingredients with synergistic modes of action, and a single ingredient may come from various sources. Four dimensions help evaluate them.

Origin

Two main categories: microbial (living organisms such as beneficial bacteria or fungi) and non-microbial (organic substances from plants or animals, and mineral compounds).

Active ingredient

Amino acids, humic and fulvic acids, polysaccharides, mycorrhizal fungi, beneficial bacteria, phytohormones. Each interacts differently with the plant or the soil microbiome.

Mode of action

Enhancing nutrient uptake, stimulating root or shoot development, improving tolerance to abiotic stress, promoting soil microbial activity and structure.

Application

Foliar spraying, soil incorporation, seed treatment, fertigation, or combined with conventional fertilizers. The method affects how well the active ingredients work.

We structure our mapping on the two primary categories defined by the EU Regulation (EU) 2019/1009.

Our take

The start-up ecosystem is active on seaweed extracts and amino acids. These are well known and easy to use, with a lower barrier to entry than microbial solutions. Where the regulation is a positive list, a microbial product outside it faces a fragmented national route, which is a real constraint on scale.

Startup landscape

33 European startups, mostly early

A curated, non-exhaustive mapping of European startups developing biostimulant solutions, covering non-microbial (algae extracts, amino acids, phytohormones, minerals) and microbial (bacteria, fungi) products. Inclusion is for context and is not an endorsement.

Series A or laterHover or tab onto a tile for detail
By country
France14
Belgium3
United Kingdom3
Czechia2
Denmark2
Spain2
Germany1
Italy1
Netherlands1
Norway1
Poland1
Portugal1
Switzerland1
By last funding stage
No funding recorded10
Non-equity assistance3
Grant3
Pre-seed5
Seed3
Series A5
Series B2
Series C2
Our take

The map is young. 21 of 33 companies have no recorded funding, non-equity assistance, a grant or a pre-seed round, and 9 have reached Series A or later. France hosts 14 of the 33.

Barriers to overcome

Four questions before we back a product

Interest in biostimulants is growing across the sector. Wide adoption, by professionals and investors, depends on a few critical conditions.

Does it tackle the core challenges?

  • Does it reduce environmental pressure and help regenerate ecosystems?
  • Are there negative externalities across the value chain, such as overuse of resources or pollution?
  • Is a full life-cycle assessment available?

What is the adoption potential?

  • Is it financially accessible versus conventional options, with a robust and lasting return for the farmer?
  • Is it compatible with crop calendars and existing equipment?
  • Does it fit the value chain (cooperatives, technical advisors) and have a conservation method compatible with existing infrastructure?
  • Is it understood and promoted by key stakeholders?

Is the model resilient and capital-efficient?

  • Is it supported by a strong regulatory framework?
  • Are CapEx and expected returns aligned? Can the technology scale from prototype to industrial production?
  • For living organisms, how robust is the activity under operational conditions?

Is there a strategic exit?

  • Does the solution differentiate from competitors?
  • Is its mode of action clearly defined and validated, so major crop production players can adopt it?
Our take

Beyond each company, the ecosystem has to change how it measures success. Biostimulants improve agroecosystem health and crop resilience, so yield alone is the wrong yardstick. Soil fertility and biological activity, carbon sequestration, functional diversity of microbiomes, and water and ecosystem quality are the indicators that capture their systemic effects.

Conclusion

Back the product farmers will adopt.

The market is set to more than double by 2032, and large agribusiness players are acquiring startups to secure innovation. Non-microbial products are scalable and widely used. Microbial products are the fastest-growing segment and offer tailored, innovative solutions, with higher entry barriers and the promise of differentiation and long-term value.

The sector offers strong potential, and selectivity is key. We look for solutions that address real agronomic and environmental challenges, are easy to adopt, scale with capital efficiency, and have a credible path to a strategic exit.

Building in this space?

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