Plant Growth Regulators Market Growth, Size, Share and Forecast - 2031

Plant Growth Regulators Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis By Type (Cytokinin, Auxins, Gibberellins, Ethylene, and Others) Crop Type (Cereals And Grains, Oilseeds and Pulses, Fruits And Vegetables, Turf And Ornamentals, and Others) Function (Plant Growth Promoters and Plant Growth Inhibitors) Mode Of Application (Fertigation and Foliar)

  • Report Code : TIPRE00005154
  • Category : Food and Beverages
  • No. of Pages : 150
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Plant Growth Regulators Market Growth, Size, Share and Forecast - 2031

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Analyst Perspective

The global plant growth regulators market is expected to register a CAGR of ~8%. The market for these regulators is growing due to increased demand for higher agricultural productivity. Farmers use PRGs to manage plant growth, improve crop quality, and increase yield. The market is boosted by their adoption in horticulture, floriculture, and turf management. Factors like population growth, changing diets, and the need for sustainable agriculture contribute to the market's growth, making it a promising sector with the rising demand for food and efficient farming practices. The stringent regulatory framework, limited awareness, and alternative competition are significant factors that may hamper plant regulators' market growth. Growing demand for organic food, Technological advancements, and increasing investments are significant opportunities for the growth of the plant regulators market.

Market Overview

Plant growth regulators, also known as plant hormones, are chemical substances that control various aspects of plant growth. They impact seed germination, root and shoot growth, flowering, and fruit ripening. The overuse of chemical pesticides has led to the development of resistance in many pests and insects. Plant growth regulators can be a more sustainable alternative to pesticides, helping control pests without harming the environment. Biotechnology is being used to develop new plant growth regulators that are more effective and efficient, which is expected to drive the growth of the market for plant growth regulators in the forecasted period.

Market Drivers

  • Increasing demand for high-quality crops and agricultural productivity increased demand for plant growth regulators as they help improve crop yields and quality.
  • Precision farming uses technology to collect and analyze data about crops and soil conditions, allowing farmers to apply fertilizers, pesticides, and plant growth regulators. This led to increased efficiency and profitability for farmers and reduced environmental impact.
  • Consumers are increasingly concerned about the environmental impact of food production. Plant growth regulators can be used to promote sustainable agriculture by reducing the need for chemical fertilizers and pesticides, improving soil health, and conserving water.

Market Segmentation

The global plant growth regulators market is segmented based on type, crop type, function, and mode of application. The plant growth regulators market is segmented based on type into cytokinin, auxins, gibberellins, and ethylene. The plant growth regulators market is segmented based on crop type into cereals and grains, oilseeds and pulses, fruits and vegetables, and turf and ornamentals. The plant growth regulators market is segmented based on function into plant growth promoters and inhibitors. Based on the mode of application, it is segmented into fertigation and foliar.

Regional Analysis

The report provides a detailed industry overview, which includes qualitative and quantitative information. It gives information on an overview and forecast of the global plant growth regulators market-based on several segments. It also provides market size and forecast estimates from 2020 to 2030 concerning five major regions: Europe, North America, Asia-Pacific (APAC), Middle East & Africa (MEA) and South & Central America. The plant growth regulators market by region is also sub-segmented by respective countries and segments. The plant growth regulators market report covers an analysis and forecast of eighteen countries globally and the prevailing trends and opportunities in the region.

The report analyses factors affecting the plant growth regulators market, both the demand and supply side. Furthermore, it evaluates market dynamics during the forecast period, i.e., drivers, challenges, opportunities, and future trends. The report also provides an extensive Porter's Five Forces analysis highlighting factors affecting these regions' plant growth regulators market.

Key Players

The reports cover vital organic and inorganic growth strategy developments in the plant growth regulators market. Various companies concentrate on organic growth strategies such as product launches, approvals, patents, and others. Inorganic growth strategies activities observed in the market were acquisitions, partnerships & collaborations. These activities have paved the way for the development of the business and customer base of market players. The market players in the plant growth regulators market are estimated to have lucrative growth opportunities with the increasing demand for high-quality crops in the global market.

The report includes key companies' profiles, SWOT analysis, and plant growth regulators' market strategies. The report also focuses on leading market players with information including components and services offered, company profiles, financial information for the last three years, and critical development in the past five years.

Below is a list of companies engaged in the plant growth regulators market.

  • ADAMA Ltd
  • Arysta Lifescience
  • BASF SE
  • Bayer CropScience
  • Rainbow Ecoscience
  • FMC Corporation
  • Nufarm
  • Syngenta
  • Valent Bioscience
  • Fine Americas
REGIONAL FRAMEWORK

Plant Growth Regulators Market Report Analysis

Plant Growth Regulators Market

  • CAGR (2023 - 2031)
    XX%
  • Market Size 2023
    US$ XX Million
  • Market Size 2031
    US$ XX Million

Report Coverage

  • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Key future trends
  • Detailed PEST/Porter’s Five Forces and SWOT analysis
  • Industry landscape and competition analysis & recent developments
  • Detailed company profiles
  • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

  • ADAMA
  • ARYSTA LIFESCIENCE
  • BASF SE
  • BAYER CROPSCIENCE
  • Rainbow Treecare
  • FMC CORPORATION
  • NUFARM
  • SYNGENTA AG
  • Valent BioSciences Corporation

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

By Type
  • Cytokinin
  • Auxins
  • Gibberellins
  • Ethylene
  • Others
By Crop Type
  • Cereals And Grains
  • Oilseeds and Pulses
  • Fruits And Vegetables
  • Turf And Ornamentals
  • Others
By Function
  • Plant Growth Promoters and Plant Growth Inhibitors
By Mode Of Application
  • Fertigation and Foliar
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
MARKET PLAYERS

Plant Growth Regulators Market Report Scope

Report Attribute Details
Market size in 2023 US$ XX Million
Market Size by 2031 US$ XX Million
Global CAGR (2023 - 2031) XX%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Type
  • Cytokinin
  • Auxins
  • Gibberellins
  • Ethylene
  • Others
By Crop Type
  • Cereals And Grains
  • Oilseeds and Pulses
  • Fruits And Vegetables
  • Turf And Ornamentals
  • Others
By Function
  • Plant Growth Promoters and Plant Growth Inhibitors
By Mode Of Application
  • Fertigation and Foliar
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • ADAMA
  • ARYSTA LIFESCIENCE
  • BASF SE
  • BAYER CROPSCIENCE
  • Rainbow Treecare
  • FMC CORPORATION
  • NUFARM
  • SYNGENTA AG
  • Valent BioSciences Corporation
    • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
    Report Coverage
    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered
    Segment Covered

    This text is related
    to segments covered.

    Regional Scope
    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope
    Country Scope

    This text is related
    to country scope.

    The List of Companies

    1. ADAMA
    2. ARYSTA LIFESCIENCE
    3. BASF SE
    4. BAYER CROPSCIENCE
    5. Rainbow Treecare
    6. FMC CORPORATION
    7. NUFARM
    8. SYNGENTA AG
    9. Valent BioSciences Corporation
    10. Fine Americas, Inc.

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