Report Description

India plant growth regulators (PGRs) market is expected to grow at a steady rate during the forecast period. The India plant growth regulators (PGRs) market is driven by the growing need for food safety & security for meeting the demand of its ever increasing population. This has increased the need to increase the crop yield and prevent the produce from any kind of damages being caused by pests or other agents. This in turn is expected to positively influence the market growth through 2025. Additionally, increasing incidences of flood, draughts coupled with decreasing arable lands for cultivation has drastically increased the demand for PGRs. Moreover, advancements in farming techniques coupled with new product launches by the major player operating in the market is expected to create lucrative opportunities for the market growth. However, high cost of PGRs can hamper the market growth during the forecast period. Additionally, lack of awareness among the farmers pertaining to PGRs and their benefits further restricts the market growth. Furthermore, the sudden outbreak of pandemic COVID-19 has led to lockdown across the country shutting down the manufacturing of agrochemicals. This shall have cascading effect on the food production and crop yield. However, the government has eased the restrictions on manufacturing the fertilizers and PGRs in order to maintain seasonal agricultural activities.

The India plant growth regulators (PGRs) market is segmented based on type, crop type, function, formulation, company and region. Based on type, the market can be categorized into auxin, gibberellin, cytokinin and others. The cytokinin segment is expected to dominate the market during the forecast period since it increases the capacity of plants to tolerate water deficiency by guarding nitrogen and carbon integration process during stressful conditions. Additionally, cytokinin help in branching, nutrient remobilization and facilitate the growth of flowers and seeds. Based on crop type, the market can be grouped into fruits & vegetables, cereals & grains, oilseeds & pulses and turf & ornamentals. The fruit & vegetables segment is expected to dominate the market owing to the increasing health awareness among the population and a shift towards organic food. Based on function, the market can be fragmented into stimulators, promotors, inhibitors and retardants. The promoters segment is expected to dominate the market over the next few years on account of their increased use on fruits & vegetables to enhance the flowering process thereby increasing yield. Additionally, promoters help in early stages of development thereby driving the growth of segment.

The major players operating in the India plant growth regulators (PGRs) market are BASF India Ltd., Dow Chemical Company, Bayer India, FMC India Pvt. Ltd., Dhanuka Agritech Ltd., Godrej Agrovet Limited, Krishi Rasayan Exports Pvt. Ltd., Growtech Agri Science and Research Private Limited, Bharat Rasayan Limited, Aristo Biotech And Life Science Pvt. Ltd. and others. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.

Years considered for this report:

Historical Years: 2015-2018

Base Year: 2019

Estimated Year: 2020

Forecast Period: 2021–2025

Objective of the Study:

  • To analyze and estimate the market size of India plant growth regulators (PGRs) market from 2015 to 2018.
  • To estimate and forecast the market size of India plant growth regulators (PGRs) market from 2019 to 2025 and growth rate until 2025.
  • To classify and forecast India plant growth regulators (PGRs) market based on type, crop type, function, formulation, company and regional distribution.
  • To identify dominant region or segment in the India plant growth regulators (PGRs) market.
  • To identify drivers and challenges for India plant growth regulators (PGRs) market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India plant growth regulators (PGRs) market.
  • To conduct pricing analysis in the India plant growth regulators (PGRs) market.
  • To identify and analyze the profile of leading players operating in India plant growth regulators (PGRs) market.
  • To identify key sustainable strategies adopted by market players in India plant growth regulators (PGRs) market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of India plant growth regulators (PGRs) market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.


Key Target Audience:

  • Plant growth regulators (PGRs) manufacturers/ suppliers/ distributors
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to plant growth regulators (PGRs)

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, India plant growth regulators (PGRs) market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • India Plant Growth Regulators (PGRs) Market, By Type:
    • Auxin
    • Gibberellin
    • Cytokinin
    • Others
  • India Plant Growth Regulators (PGRs) Market, By Crop Type:
    • Fruits & Vegetables
    • Cereals & Grains
    • Oilseeds & Pulses
    • Turf & Ornamentals
  • India Plant Growth Regulators (PGRs) Market, By Function:
    • Stimulators
    • Promotors
    • Inhibitors
    • Retardants
  • India Plant Growth Regulators (PGRs) Market, By Formulation:
    • Water-Dispersible & Water-Soluble Granules
    • Solutions
    • Wettable Powders
    • Tablets
  • India Plant Growth Regulators (PGRs) Market, By Region:
    • North
    • South
    • East
    • West

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India plant growth regulators (PGRs) market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

India plant growth regulators (PGRs) market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected] 

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on India Plant Growth Regulators (PGRs) Market

4.    Executive Summary

5.    Voice of Customers/Customer Insights

6.    India Plant Growth Regulators (PGRs) Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Type (Auxin, Gibberellin, Cytokinin, Others)

6.2.2.     By Crop Type (Fruits & Vegetables, Cereals & Grains, Oilseeds & Pulses, Turf & Ornamentals)

6.2.3.     By Function (Stimulators, Promotors, Inhibitors, Retardants)

6.2.4.     By Formulation (Water-Dispersible & Water-Soluble Granules, Solutions, Wettable Powders, Tablets)

6.2.5.     By Region (North, South, East, West)

6.2.6.     By Company

6.3.  Product Market Map

7.    India Auxin Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Crop Type

7.2.2.     By Function

7.2.3.     By Formulation

8.    India Gibberellin Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Crop Type

8.2.2.     By Function

8.2.3.     By Formulation

9.    India Cytokinin Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Crop Type

9.2.2.     By Function

9.2.3.     By Formulation

10.  Market Dynamics

10.1.              Drivers/Opportunities

10.2.              Challenges/Restraints

11.  Market Trends & Developments

12.  Policy & Regulatory Landscape

13.  Import & Export Analysis

14.  Pricing Analysis

15.  India Economic Profile

16.  Competitive Landscape

16.1.              Company Profiles

16.1.1.  BASF India Ltd.

16.1.2.  Dow Chemical Company

16.1.3.  Bayer India

16.1.4.  FMC India Pvt. Ltd.

16.1.5.  Dhanuka Agritech Ltd.

16.1.6.  Godrej Agrovet Limited

16.1.7.  Krishi Rasayan Exports Pvt. Ltd.

16.1.8.  Growtech Agri Science and Research Private Limited

16.1.9.  Bharat Rasayan Limited

16.1.10.                Aristo Biotech And Life Science Pvt. Ltd.

17.  Strategic Recommendations

18. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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Sakshi Bajaal

Business Consultant
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