Global Plant Growth Regulators Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Origin;

Biological and Synthetic.

By Crop Type;

Pulses and oilseeds, Grains and cereals, Fruits and vegetables, Turf and ornamentals and Others.

By Type;

Auxins, Cytokinins, Gibberellins, Ethylene and Abscisic acid.

By Formulation;

Water-dispersible and water-soluble granules, Solutions and Wettable powders.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn542534532 Published Date: March, 2024 Updated Date: April, 2024

Introduction

Global Plant Growth Regulators Market (USD Million), 2020 - 2030

In the year 2023, the Global Plant Growth Regulators Market was valued at USD 4,436.67 million. The size of this market is expected to increase to USD 8,536.37 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 9.8%.

The Global Plant Growth Regulators Market encompasses a diverse range of chemical compounds, hormones, and substances that influence the growth, development, and physiological processes of plants. Plant growth regulators (PGRs) play a pivotal role in modern agriculture by offering solutions to enhance crop productivity, optimize yield, and improve the quality of agricultural produce. These regulators are extensively utilized in various agricultural practices, including crop cultivation, horticulture, and floriculture, to modulate plant growth patterns, stimulate flowering and fruiting, and manage plant responses to environmental stresses. As the global population continues to burgeon, and agricultural productivity faces the challenges of climate change, resource scarcity, and environmental degradation, the demand for innovative plant growth regulators intensifies, driving research, development, and commercialization efforts in the global market.

The Global Plant Growth Regulators Market is characterized by a diverse portfolio of products, encompassing synthetic and bio-based regulators, each offering unique modes of action and applications across different crops and agricultural systems. With advancements in biotechnology, genomics, and chemical synthesis, the market witnesses the introduction of novel PGR formulations, formulations with improved efficacy, and eco-friendly alternatives to traditional chemical regulators. Moreover, regulatory frameworks, sustainability initiatives, and consumer preferences shape the landscape of the plant growth regulators market, influencing product development, market dynamics, and industry strategies. Against this backdrop, stakeholders in the agricultural sector, including farmers, agrochemical companies, research institutions, and policymakers, navigate opportunities and challenges in harnessing the potential of plant growth regulators to meet the evolving needs of global agriculture and ensure food security in a sustainable manner.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Origin
    2. Market Snapshot, By Crop Type
    3. Market Snapshot, By Type
    4. Market Snapshot, By Formulation
    5. Market Snapshot, By Region
  4. Global Plant Growth Regulators Market
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Agricultural Productivity

        2. Adoption of Sustainable Practices

        3. Technological Advancements

      2. Restraints
        1. Environmental Concerns

        2. Regulatory Restrictions

        3. High Initial Investment

      3. Opportunities
        1. Emerging Markets

        2. Research and Development

        3. Growing Demand for Organic Products

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Plant Growth Regulators Market, By Origin, 2022 - 2032 (USD Million)
      1. Biological
      2. Synthetic
    2. Global Plant Growth Regulators Market, By Crop Type, 2022 - 2032 (USD Million)
      1. Pulses and oilseeds
      2. Grains and cereals
      3. Fruits and vegetables
      4. Turf and ornamentals
      5. Others
    3. Global Plant Growth Regulators Market, By Type, 2022 - 2032 (USD Million)
      1. Auxins
      2. Cytokinins
      3. Gibberellins
      4. Ethylene
      5. Abscisic acid
    4. Global Plant Growth Regulators Market, By Formulation, 2022 - 2032 (USD Million)
      1. Water-dispersible and water-soluble granules
      2. Solutions
      3. Wettable powders
    5. Global Plant Growth Regulators Market, By Geography, 2022 - 2032 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Sumitomo Chemicals Co., Ltd.
      2. Xinyi Industrial Co., Ltd.
      3. Sichuan Guoguang Agrochemical Co., Ltd.
      4. Tata Chemicals Ltd.
      5. UPL
      6. Nippon Soda Co., Ltd.
      7. Barclay Chemicals Manufacturing Limited
      8. Fine Americas Inc
      9. Hangzhou Tianlong Biotechnology Co., Ltd.
  7. Analyst Views
  8. Future Outlook of the Market

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