Plant Growth Regulators Market
PUBLISHED: 2021 ID: SMRC20626
SHARE
SHARE

Plant Growth Regulators Market

Plant Growth Regulators Market Forecasts to 2028 – Global Analysis By Origin (Biological, Synthetic), Crop Type (Fruits & Vegetables, Cereals & Grains), Application (Crop Based, Non-Crop Based), and By Geography

4.9 (57 reviews)
4.9 (57 reviews)
Published: 2021 ID: SMRC20626

This report covers the impact of COVID-19 on this global market
Loading...

According to Stratistics MRC, the Global Plant Growth Regulators Market is accounted for $2.62 billion in 2020 and is expected to reach $5.15 billion by 2028 growing at a CAGR of 8.8% during the forecast period. Rise in trading requirements for industrial activities, consumer shift toward organic foods and evolution in farming practices & technology are driving the market growth. However, long approval period for new products is hampering the growth of the market.

Plant growth regulators are valuable production tools that can enhance the product quality and marketability while reducing labour for pruning, pinching and maintenance. Over the last few decades, plant growth regulators have become an integral part of many horticulture and agricultural production systems.

Based on the type, the cytokinins (CK) segment is going to have lucrative growth during the forecast period owning to high consumer awareness about its positive effects on branching, nutrient remobilization, delaying of senescence, and fast growth of flower & seeds. By geography, North America is going to have high growth during the forecast period due to increasing demand for organic food in this region.

Some of the key players profiled in the Plant Growth Regulators Market include BASF, Adama Agricultural Solutions, Arysta LifeScience, Bayer CropScience, Dow Chemical Company, FMC Corporation, Nippon Soda, Nufarm, Redox Industries Limited, Syngenta, TATA Chemicals, Valent Biosciences Corportation, WinField United and Xinyi (HK) Industrial.

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 2.62billion

Estimated Period:

2020

Compound Annual Growth Rate (CAGR) from 2020 to 2028:

8.8%

Predicted 2028 Value:

USD 5.15billion

Forecast Years:

2021-2028

Tables, Graphs & Figures

302

Chapters Covered:

Type, Origin, Function, Crop Type, Formulation, Application, Distribution Channel and Region

Core Drivers and Opportunities:

  • Rise in trading requirements for industrial activities
  • Consumer shift toward organic foods
  • Evolution in farming practices & technology

Restraining Factors & Market Threats:

  • Long approval period for new products
  • Identification of plant growth regulator (PGR)-modulated genic/multigenic expressions


Types Covered:
• Cytokinins (CK)
• Auxins
• Gibberellin or Gibberellic Acid (GA)
• Ethylene (C2H4)
• Mepiquate Chloride
• Ethylene/Ethylene Releasers
• Abscisic Acid (AbA)
• Vitamins
• Salicylic Acid
• Jasmonates
• Brassinolides

Origins Covered:
• Biological
• Synthetic

Functions Covered:
• Plant Growth Promoters
• Plant Growth Inhibitors

Crop Types Covered:
• Fruits & Vegetables
• Cereals & Grains
• Oilseeds & Pulses 
• Turf & Ornamentals

Formulations Covered:
• Water-Dispersible & Water-Soluble Granules
• Solutions
• Wettable  Powders
• Tablets

Applications Covered:
• Crop Based
• Non-Crop Based

Distribution Channels Covered:
• Direct Sales
• Indirect Sales

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Key Questions Answered In The Report

The Global Plant Growth Regulators Market is majorly driven by rise in trading requirements for industrial activities, consumer shift toward organic foods and evolution in farming practices & technology.

The cytokinins (CK) segment is growing at a highest CAGR owing to high consumer awareness about its positive effects on branching, nutrient remobilization, delaying of senescence, and fast growth of flower & seeds.

Europe dominated with a significant market share due to the factors such as high demand for fruits and vegetables within the region and unfavorable climatic conditions in various economies,which is likely to increase the utilization of plant growth regulators.

North America market is growing at a highest CAGR owing to the Increasing demand for organic food in the region.

Key players in Plant Growth Regulators Market include BASF, Adama Agricultural Solutions, ArystaLifeScience, Bayer CropScience, Dow Chemical Company, FMC Corporation, Nippon Soda, Nufarm, Redox Industries Limited, Syngenta, TATA Chemicals, Valent Biosciences Corportation, WinField United and Xinyi (HK) Industrial.

Table of Contents

1 Executive Summary   
    
2 Preface   

 2.1 Abstract  
 2.2 Stake Holders  
 2.3 Research Scope  
 2.4 Research Methodology  
  2.4.1 Data Mining 
  2.4.2 Data Analysis 
  2.4.3 Data Validation 
  2.4.4 Research Approach 
 2.5 Research Sources  
  2.5.1 Primary Research Sources 
  2.5.2 Secondary Research Sources 
  2.5.3 Assumptions 
    
3 Market Trend Analysis   
 3.1 Introduction  
 3.2 Drivers  
 3.3 Restraints  
 3.4 Opportunities  
 3.5 Threats  
 3.6 Application Analysis  
 3.7 Emerging Markets  
 3.8 Impact of Covid-19  
    
4 Porters Five Force Analysis   
 4.1 Bargaining power of suppliers  
 4.2 Bargaining power of buyers  
 4.3 Threat of substitutes  
 4.4 Threat of new entrants  
 4.5 Competitive rivalry  
    
5 Global Plant Growth Regulators Market, By Type   
 5.1 Introduction  
 5.2 Cytokinins (CK)  
  5.2.1 Kinetin 
  5.2.2 Zeatin 
  5.2.3 6-Benzylaminopurine 
 5.3 Auxins  
  5.3.1 Indoleacetic Acid (IAA) 
  5.3.2 1-Naphthaleneacetic Acid (NAA) 
  5.3.3 Indole-3-Butyric Acid (IBA) 
  5.3.4 2,4-D (2,4-Dichlorophenoxyacetic Acid) 
 5.4 Gibberellin or Gibberellic Acid (GA)  
  5.4.1 GA1 
  5.4.2 GA2 
  5.4.3 GA3 
  5.4.4 GA4 
 5.5 Ethylene (C2H4)  
 5.6 Mepiquate Chloride  
 5.7 Ethylene/Ethylene Releasers  
 5.8 Abscisic Acid (AbA)  
 5.9 Vitamins  
 5.10 Salicylic Acid  
 5.11 Jasmonates  
 5.12 Brassinolides  
    
6 Global Plant Growth Regulators Market, By Origin   
 6.1 Introduction  
 6.2 Biological  
 6.3 Synthetic  
    
7 Global Plant Growth Regulators Market, By Function   
 7.1 Introduction  
 7.2 Plant Growth Promoters  
 7.3 Plant Growth Inhibitors  
    
8 Global Plant Growth Regulators Market, By Crop Type   
 8.1 Introduction  
 8.2 Fruits & Vegetables  
 8.3 Cereals & Grains  
  8.3.1 Wheat 
  8.3.2 Rice 
  8.3.3 Corn 
 8.4 Oilseeds & Pulses    
  8.4.1 Cotton Seed 
  8.4.2 Soybean 
  8.4.3 Sunflower 
 8.5 Turf & Ornamentals  
    
9 Global Plant Growth Regulators Market, By Formulation   
 9.1 Introduction  
 9.2 Water-Dispersible & Water-Soluble Granules  
 9.3 Solutions  
 9.4 Wettable  Powders  
 9.5 Tablets  
    
10 Global Plant Growth Regulators Market, By Application   
 10.1 Introduction  
 10.2 Crop Based  
 10.3 Non-Crop Based  
    
11 Global Plant Growth Regulators Market, By Distribution Channel   
 11.1 Introduction  
 11.2 Direct Sales  
 11.3 Indirect Sales  
    
12 Global Plant Growth Regulators Market, By Geography   
 12.1 Introduction  
 12.2 North America  
  12.2.1 US 
  12.2.2 Canada 
  12.2.3 Mexico 
 12.3 Europe  
  12.3.1 Germany 
  12.3.2 UK 
  12.3.3 Italy 
  12.3.4 France 
  12.3.5 Spain 
  12.3.6 Rest of Europe 
 12.4 Asia Pacific  
  12.4.1 Japan 
  12.4.2 China 
  12.4.3 India 
  12.4.4 Australia 
  12.4.5 New Zealand 
  12.4.6 South Korea 
  12.4.7 Rest of Asia Pacific 
 12.5 South America  
  12.5.1 Argentina 
  12.5.2 Brazil 
  12.5.3 Chile 
  12.5.4 Rest of South America 
 12.6 Middle East & Africa  
  12.6.1 Saudi Arabia 
  12.6.2 UAE 
  12.6.3 Qatar 
  12.6.4 South Africa 
  12.6.5 Rest of Middle East & Africa 
    
13 Key Developments   
 13.1 Agreements, Partnerships, Collaborations and Joint Ventures  
 13.2 Acquisitions & Mergers  
 13.3 New Product Launch  
 13.4 Expansions  
 13.5 Other Key Strategies  
    
14 Company Profiling   
 14.1 BASF  
 14.2 Adama Agricultural Solutions  
 14.3 Arysta LifeScience  
 14.4 Bayer CropScience  
 14.5 Dow Chemical Company  
 14.6 FMC Corporation  
 14.7 Nippon Soda  
 14.8 Nufarm  
 14.9 Redox Industries Limited  
 14.10 Syngenta  
 14.11 TATA Chemicals  
 14.12 Valent Biosciences Corportation  
 14.13 WinField United  
 14.14 Xinyi (HK) Industrial  


List of Tables    
1 Global Plant Growth Regulators Market Outlook, By Region (2019-2028) (US $MN)    
2 Global Plant Growth Regulators Market Outlook, By Type (2019-2028) (US $MN)    
3 Global Plant Growth Regulators Market Outlook, By Cytokinins (CK) (2019-2028) (US $MN)    
4 Global Plant Growth Regulators Market Outlook, By Kinetin (2019-2028) (US $MN)    
5 Global Plant Growth Regulators Market Outlook, By Zeatin (2019-2028) (US $MN)    
6 Global Plant Growth Regulators Market Outlook, By 6-Benzylaminopurine (2019-2028) (US $MN)    
7 Global Plant Growth Regulators Market Outlook, By Auxins (2019-2028) (US $MN)    
8 Global Plant Growth Regulators Market Outlook, By Indoleacetic Acid (IAA) (2019-2028) (US $MN)    
9 Global Plant Growth Regulators Market Outlook, By 1-Naphthaleneacetic Acid (NAA) (2019-2028) (US $MN)     
10 Global Plant Growth Regulators Market Outlook, By Indole-3-Butyric Acid (IBA) (2019-2028) (US $MN)    
11 Global Plant Growth Regulators Market Outlook, By 2,4-D (2,4-Dichlorophenoxyacetic acid) (2019-2028) (US $MN)    
12 Global Plant Growth Regulators Market Outlook, By Gibberellin or Gibberellic Acid (GA) (2019-2028) (US $MN)    
13 Global Plant Growth Regulators Market Outlook, By GA1 (2019-2028) (US $MN)    
14 Global Plant Growth Regulators Market Outlook, By GA2 (2019-2028) (US $MN)    
15 Global Plant Growth Regulators Market Outlook, By GA3 (2019-2028) (US $MN)    
16 Global Plant Growth Regulators Market Outlook, By GA4 (2019-2028) (US $MN)    
17 Global Plant Growth Regulators Market Outlook, By Ethylene (C2H4) (2019-2028) (US $MN)     
18 Global Plant Growth Regulators Market Outlook, By Mepiquate Chloride (2019-2028) (US $MN)    
19 Global Plant Growth Regulators Market Outlook, By Ethylene/Ethylene Releasers (2019-2028) (US $MN)    
20 Global Plant Growth Regulators Market Outlook, By Abscisic Acid (AbA) (2019-2028) (US $MN)    
21 Global Plant Growth Regulators Market Outlook, By Vitamins (2019-2028) (US $MN)    
22 Global Plant Growth Regulators Market Outlook, By Salicylic Acid (2019-2028) (US $MN)    
23 Global Plant Growth Regulators Market Outlook, By Jasmonatess (2019-2028) (US $MN)    
24 Global Plant Growth Regulators Market Outlook, By Brassinolides (2019-2028) (US $MN)    
25 Global Plant Growth Regulators Market Outlook, By Origin (2019-2028) (US $MN)    
26 Global Plant Growth Regulators Market Outlook, By Biological (2019-2028) (US $MN)    
27 Global Plant Growth Regulators Market Outlook, By Synthetic (2019-2028) (US $MN)    
28 Global Plant Growth Regulators Market Outlook, By Function (2019-2028) (US $MN)     
29 Global Plant Growth Regulators Market Outlook, By Plant Growth Promoters (2019-2028) (US $MN)    
30 Global Plant Growth Regulators Market Outlook, By Plant Growth Inhibitors (2019-2028) (US $MN)    
31 Global Plant Growth Regulators Market Outlook, By Crop Type (2019-2028) (US $MN)    
32 Global Plant Growth Regulators Market Outlook, By Fruits &  Vegetables (2019-2028) (US $MN)    
33 Global Plant Growth Regulators Market Outlook, By Cereals & Grains (2019-2028) (US $MN)    
34 Global Plant Growth Regulators Market Outlook, By Wheat (2019-2028) (US $MN)    
35 Global Plant Growth Regulators Market Outlook, By Rice (2019-2028) (US $MN)    
36 Global Plant Growth Regulators Market Outlook, By Corn (2019-2028) (US $MN)    
37 Global Plant Growth Regulators Market Outlook, By Oilseeds & Pulses   (2019-2028) (US $MN)    
38 Global Plant Growth Regulators Market Outlook, By Cotton Seed (2019-2028) (US $MN)    
39 Global Plant Growth Regulators Market Outlook, By Soybean (2019-2028) (US $MN)    
40 Global Plant Growth Regulators Market Outlook, By Sunflower (2019-2028) (US $MN)    
41 Global Plant Growth Regulators Market Outlook, By Turf & Ornamentals (2019-2028) (US $MN)    
42 Global Plant Growth Regulators Market Outlook, By Formulation (2019-2028) (US $MN)    
43 Global Plant Growth Regulators Market Outlook, By Water-Dispersible & Water-Soluble Granules (2019-2028) (US $MN)    
44 Global Plant Growth Regulators Market Outlook, By Solutions (2019-2028) (US $MN)    
45 Global Plant Growth Regulators Market Outlook, By Wettable  Powders (2019-2028) (US $MN)    
46 Global Plant Growth Regulators Market Outlook, By Tablets (2019-2028) (US $MN)    
47 Global Plant Growth Regulators Market Outlook, By Application (2019-2028) (US $MN)    
48 Global Plant Growth Regulators Market Outlook, By Crop Based (2019-2028) (US $MN)    
49 Global Plant Growth Regulators Market Outlook, By Non-Crop Based (2019-2028) (US $MN)    
50 Global Plant Growth Regulators Market Outlook, By Distribution Channel (2019-2028) (US $MN)    
51 Global Plant Growth Regulators Market Outlook, By Direct Sales (2019-2028) (US $MN)    
52 Global Plant Growth Regulators Market Outlook, By Indirect Sales (2019-2028) (US $MN)    
    
Note: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner as above.    

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

Frequently Asked Questions

In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.

Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.

All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

We have 3 different licensing options available in electronic format.

  • Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
  • 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
  • Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.

All our reports are typically be emailed to you as an attachment.

To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.

We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.

Request Customization

We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.

WHY CHOOSE US ?

Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.

Testimonials