Plant Growth Regulators Market

By Type;

Cytokinins, Auxins, Gibberellins, Ethylene and Others

By Crop Type;

Cereals & Grains [Corn, Wheat, Rice and Others], Oilseeds & Pulses [Cotton, Soybean, Sunflower and Others], Fruits & Vegetables [Fruits and Vegetables] and Turf & Ornamentals

By Formulation;

Water-Dispersible & Water-Soluble Granules, Wettable Powder and Solutions

By Function;

Plant Growth Promoters and Plant Growth Inhibitors

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn542534532 Published Date: September, 2025 Updated Date: October, 2025

Plant Growth Regulators Market Overview

Plant Growth Regulators Market (USD Million)

Plant Growth Regulators Market was valued at USD 4,871.46 million in the year 2024. The size of this market is expected to increase to USD 9,372.93 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.8%.


Plant Growth Regulators Market

*Market size in USD million

CAGR 9.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)9.8 %
Market Size (2024)USD 4,871.46 Million
Market Size (2031)USD 9,372.93 Million
Market ConcentrationMedium
Report Pages373
4,871.46
2024
9,372.93
2031

Major Players

  • Sumitomo Chemicals Co., Ltd.
  • Xinyi Industrial Co., Ltd.
  • Sichuan Guoguang Agrochemical Co., Ltd.
  • Tata Chemicals Ltd.
  • UPL
  • Nippon Soda Co., Ltd.
  • Barclay Chemicals Manufacturing Limited
  • Fine Americas Inc
  • Hangzhou Tianlong Biotechnology Co., Ltd.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Plant Growth Regulators Market

Fragmented - Highly competitive market without dominant players


The Plant Growth Regulators Market is witnessing strong growth as farmers adopt solutions to maximize yields and improve crop quality. Nearly 54% of advanced agricultural practices use growth regulators to regulate root development, flowering, and ripening, making them indispensable in modern farming.

Shifting Focus Toward Sustainable Farming
The integration of plant growth regulators in sustainable agriculture is increasing rapidly. Studies suggest that close to 56% of eco-friendly farming programs utilize these products to minimize chemical inputs while maintaining output levels. This reflects their growing role in supporting environmentally conscious crop management.

Advancements in Hormonal Formulations
Innovation in plant hormone formulations is transforming the effectiveness of growth regulators. Around 47% of ongoing agricultural R&D projects target improving efficiency, durability, and application flexibility. These technological advancements are strengthening their use across a wide range of crops.

Adoption Across Multiple Crop Types
The demand for plant growth regulators extends to cereals, fruits, vegetables, and commercial crops. Reports indicate that nearly 52% of high-value farming initiatives depend on these regulators to achieve consistent yield and improved market quality. Their versatility positions them as a key agricultural input.

Future Market Outlook
The plant growth regulators market is projected to expand steadily with growing innovation and sustainable farming practices. Approximately 48% of agricultural partnerships are now focused on advancing growth regulator development. These initiatives highlight their crucial role in shaping the future of efficient and sustainable agriculture.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Crop Type
    3. Market Snapshot, By Formulation
    4. Market Snapshot, By Function
    5. Market Snapshot, By Region
  4. Plant Growth Regulators Dynamics
    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. PLANT GROWTH REGULATORS MARKET, By Type, 2021 - 2031 (USD Million)
      1. Cytokinins
      2. Auxins
      3. Gibberellins
      4. Ethylene
      5. Other Types
    2. PLANT GROWTH REGULATORS MARKET, By Crop Type, 2021 - 2031 (USD Million)
      1. Cereals & Grains
        1. Corn
        2. Wheat
        3. Rice
        4. Other Cereals & Grains
      2. Oilseeds & Pulses
        1. Cotton
        2. Soybean
        3. Sunflower
        4. Other Oilseeds & Pulses
      3. Fruits & Vegetables
        1. Fruits
        2. Vegetables
      4. Turf & Ornamentals
    3. PLANT GROWTH REGULATORS MARKET, By Formulation, 2021 - 2031 (USD Million)
      1. Water-Dispersible & Water-Soluble Granules
      2. Wettable Powder
      3. Solutions
    4. PLANT GROWTH REGULATORS MARKET, By Function, 2021 - 2031 (USD Million)
      1. Plant Growth Promoters
      2. Plant Growth Inhibitors
    5. Plant Growth Regulators Market, By Geography, 2021 - 2031 (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. BASF SE
      2. Corteva Agriscience
      3. Syngenta
      4. FMC Corporation
      5. Nufarm
      6. Bayer AG
      7. Tata Chemicals Ltd.
      8. UPL Limited
      9. Sumitomo Chemical Co. Ltd.
      10. Valent BioSciences Corporation
      11. Adama Agricultural Solutions
      12. Albaugh
      13. Koppert Biological Systems
      14. Mitsui Chemicals
      15. Nippon Soda Co. Ltd.
  7. Analyst Views
  8. Future Outlook of the Market