Global Plant Growth Regulators Market, By Type (Auxins, Cytokinins, Gibberellins, Ethylene, Others), Crop Type (Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses, Turf & Ornamentals), Formulation (Water-Dispersible & Water-Soluble Granules, Wettable Powders, Solutions), Function (Promoters, Inhibitors), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
The plant growth regulators market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 13.20% in the forecast period of 2021 to 2028.
Plant growth regulators are chemical substances that strongly influence the growth and isolation of plant cells, tissues and organs. Plant growth regulators function as chemical messengers for intercellular communication. Natural plant growth regulators are produced with in specific plant in the smallest of qualities and resettle to other parts, influencing various other physiological functions to modulate the plant growth such as promoting plant cell division and cell expansion, leaf expansion, retarding senescence of leaves, ripening of fruits and vegetables, fruits and flower maturation and seed germination. There are currently five recognized groups of plant hormones: auxins, gibberellins, cytokinins, abscisic acid (ABA) and ethylene. They work together to collaborate the growth and development of plant cells. The organic food industry has been acquiring popularity since the last decade for the high premium value achieved by the farm produce.
Growing investment in agriculture sector across the globe shall be fuelling the plant growth regulators market in the coming years. Growing organic farming trend driven by increased organic products demand across the globe is poised to create plant growth regulators market demand in the next few years. Furthermore, growing awareness about health and fitness is likely to help it to grow further. Organic farming is one of the fastest-growing industries around the world. The main purpose for the implementation of plant growth regulators in fruits and vegetables is to support their ripening. This is achieved by ethylene which is also called as ripening hormone.
The rise of the organic food industry because of increased demand for organic food across the globe, surge in the textile industry, increase in the production of cotton and the escalation in the practice of organic farming are the factors estimated to boost the plant growth regulators market. Because of its ability to reduce lodging in intensive cereal production, control shoot heights and stimulate latex flow in rubber plants are the factors expected to boost the plant growth regulators market and make the production process faster as compared to traditional fertilizers which is estimated to positively impact the plant growth regulators market growth over the coming years. Furthermore, a considerably huge number of farmers are still unaware of these plant growth regulators and their concise and appropriate use for various implementations which are the factors estimated to hinder the plant growth regulators market. The value chain structure of the market is mostly influenced by economic and environmental factors, nature of products, upstream raw material supplies and structure of downstream acting as opportunities for the plant growth regulators market growth and thus the final products are distributed across the globe through online retailing and physical retailing.
This plant growth regulators market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on plant growth regulators market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Plant Growth Regulators Market Scope and Market Size
The plant growth regulators market is segmented on the basis of type, formulation, function and crop type. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on type, the plant growth regulators market is segmented into auxins, cytokinins, gibberellins, ethylene and others.
- Based on formulation, the plant growth regulators market is segmented into water-dispersible & water-soluble granules, wettable powders and solutions.
- Based on function, the plant growth regulators market is segmented into promoters and inhibitors.
- Based on crop type, the plant growth regulators market is segmented into cereals & grains, fruits & vegetables, oilseeds & pulses and turf & ornamentals. Cereals & grains are further segmented into wheat, rice, corn and others. Oilseeds & pulses are further segmented into cotton seed, soybean, sunflower and others. Fruits & vegetables are further segmented into fruits and vegetables.
Global Plant Growth Regulators Market Country Level Analysis
Global plant growth regulators market is analysed and market size insights and trends are provided by country, type formulation, function and crop type as referenced above.
The countries covered in the plant growth regulators market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the plant growth regulators market because of the growing demand for organic food which is expected to propel the demand for the products in the region. Europe is expected to show large amount of growth in the plant growth regulators market because of the high demand for fruits and vegetables within the region and unfavourable climatic conditions in various economies is likely to increase the utilization of plant growth regulators.
The country section of the plant growth regulators market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The plant growth regulators market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for plant growth regulators market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the plant growth regulators market. The data is available for historic period 2011-2019.
Competitive Landscape and Plant Growth Regulators Market Share Analysis
The plant growth regulators market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to plant growth regulators market.
The major players covered in the plant growth regulators market report are Nufarm Limited, The Dow Chemical Company, ADAMA India Private Limited, Syngenta AG, Bayer AG, BASF SE, FMC Corporation, NIPPON SODA CO, Valent BioSciences LLC and Arysta LifeScience Corporation among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Plant Growth Regulators Market
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