Main Content start here

Report Description

Forecast Period

2025-2029

Market Size (2023)

3.09 billion

CAGR (2024-2029)

7.68%

Fastest Growing Segment

Cytokinin Segment

Largest Market

North America

Market Overview

Global Plant Growth Regulators Market is valued at USD 3.09 billion in 2023 and will see an impressive growth in the forecast period at a CAGR 7.68% to 2029. Plant Growth Regulators (PGRs), also known as plant hormones or phytohormones, are naturally occurring chemical substances that regulate various aspects of plant growth and development. These compounds play crucial roles in coordinating processes such as germination, root development, shoot elongation, flowering, fruit ripening, and senescence. PGRs act in very low concentrations and regulate plant physiological responses at specific target sites. Auxins promote cell elongation, root initiation, apical dominance, and differentiation of vascular tissues. Indole-3-acetic acid (IAA) is the primary natural auxin. Used in agriculture to stimulate root formation in cuttings, prevent fruit drop, and control weed growth. Precision agriculture practices, including the use of plant growth regulators, enable farmers to optimize resource use, enhance crop efficiency, and improve overall agricultural productivity.

Ongoing advancements in agricultural technologies, such as the development of innovative formulations and application methods, contribute to the increased adoption of plant growth regulators. With growing awareness of environmental sustainability, there is an increased focus on sustainable agricultural practices. Plant growth regulators that support environmentally friendly and resource-efficient farming are in demand. Plant growth regulators are utilized to enhance crop yield by influencing various physiological processes, such as seed germination, flowering, and fruit development. Climate change and unpredictable weather patterns can impact crop growth. Plant growth regulators offer a means to mitigate the effects of adverse weather conditions on crops and ensure more consistent yields. The increasing trend towards organic farming has led to a demand for bio-based and organic plant growth regulators. These products align with the principles of organic agriculture.

Key Market Drivers

Adoption of Precision Agriculture

Precision Agriculture allows farmers to precisely control the application of inputs such as water, fertilizers, and PGRs. By using PGRs judiciously and in specific areas where they are most needed, farmers can optimize the use of these regulators, reducing waste and improving efficiency. Precision Agriculture enables site-specific application of PGRs based on real-time data and analytics. This targeted approach ensures that PGRs are applied where they will have the most significant impact, addressing specific growth concerns in the field. Precision Agriculture technologies, including GPS-guided equipment and sensors, help ensure uniform application of PGRs across the entire field. This leads to more consistent crop growth and development, improving overall crop quality. Precision Agriculture relies on data from various sources, such as soil sensors, satellite imagery, and weather forecasts. This data-driven approach allows farmers to make informed decisions about the application of PGRs, considering specific crop needs and environmental conditions.

Precision Agriculture minimizes overuse of inputs, including PGRs, which can reduce the environmental impact of agricultural practices. By applying PGRs only where necessary, farmers can contribute to more sustainable and eco-friendly farming practices. The precise application of PGRs in response to data-driven insights helps maximize crop yield and quality. PGRs can be strategically used to influence plant growth, flowering, and fruiting, leading to improved overall productivity. Automated systems in Precision Agriculture, such as autonomous tractors and drones, can be equipped to apply PGRs efficiently. This integration enhances the accuracy and speed of PGR application.

Precision Agriculture allows farmers to adapt to variable field conditions. This adaptability is crucial for adjusting PGR applications based on changing factors like soil moisture, temperature, and crop growth stages. The precise application of PGRs reduces the overall input costs for farmers. By optimizing the use of PGRs through Precision Agriculture, farmers can achieve cost savings while maintaining or improving crop productivity. The overall trend of integrating advanced technologies in agriculture aligns with the adoption of Precision Agriculture. As technology adoption increases, so does the use of precision application methods for PGRs. This factor will help in the development of the Global Plant Growth Regulators Market.

Expanding Horticulture and Floriculture Industries

PGRs are often used to regulate flowering and control the overall growth of ornamental plants. The precise application of PGRs helps in achieving desired plant shapes, sizes, and flower characteristics, enhancing the aesthetic appeal of ornamental plants. In horticulture, where crop quality is crucial, PGRs are utilized to optimize crop yield and enhance the quality of fruits and vegetables. These regulators influence key physiological processes, leading to improved harvests.

Floriculture often involves the cultivation of plants in controlled environments like greenhouses. PGRs can be applied to control the growth of plants, ensuring they remain within the desired size range and exhibit uniform growth. PGRs are used to manipulate the timing of flowering and harvest in horticultural crops. This is particularly important for meeting market demands, managing seasonal variations, and aligning with specific market windows. PGRs can be employed to extend the shelf life of cut flowers in the floriculture industry. By regulating ethylene production and other physiological processes, PGRs help maintain the freshness and quality of flowers. In fruit crops within the horticulture sector, PGRs are used to improve fruit set, ensuring a higher number of fruits develop and mature. This can lead to increased overall yield and marketable produce.

PGRs are valuable tools for managing growth habits in both horticultural and floricultural plants. They can control factors such as plant height, branching, and overall architecture. Horticultural and floricultural plants are susceptible to various environmental stresses. PGRs can be applied to manage stress responses, helping plants cope with adverse conditions and maintaining their health. Achieving uniformity in plant growth is essential for both horticulture and floriculture. PGRs contribute to uniform growth, ensuring consistent plant characteristics and appearance. Consumer preferences in the horticulture and floriculture industries often drive demand for specific plant characteristics. PGRs enable growers to meet market demands by influencing plant traits such as color, size, and shape. This factor will pace up the demand of the Global Plant Growth Regulators Market.

Growing Awareness Among Farmers

As farmers become more educated about the functions and benefits of PGRs, they recognize how these regulators can positively impact crop growth, yield, and quality. This understanding encourages the adoption of PGRs in farming practices. Awareness leads to better crop management practices. Farmers who are informed about the role of PGRs can implement these regulators strategically to address specific challenges, such as excessive vegetative growth or uneven flowering. Informed farmers can optimize the use of resources by applying PGRs precisely where needed. This targeted application helps reduce wastage of inputs and contributes to more sustainable and efficient farming. Farmers who are aware of the capabilities of PGRs are likely to use them to enhance crop productivity and yield. PGRs can influence various growth processes, leading to improved harvests and increased economic returns. Awareness about the stress-alleviating properties of certain PGRs can prompt farmers to use them during periods of environmental stress, such as drought or extreme temperatures. This can help mitigate the negative effects of stress on crops.

Increased awareness often aligns with a broader trend toward sustainable and eco-friendly agricultural practices. Farmers may choose PGRs that support environmentally responsible farming and contribute to sustainable agriculture. Educational programs, training sessions, and extension services provided by agricultural agencies or PGR manufacturers contribute to farmer awareness. These programs inform farmers about the correct usage, dosage, and timing of PGR applications. Farmers who have successfully used PGRs may share their experiences and knowledge with their peers. This peer-to-peer knowledge sharing fosters a community of informed farmers who are more likely to adopt PGRs in their own practices.

Improved access to information through various channels, including agricultural publications, online resources, and workshops, helps farmers stay updated on the latest advancements and applications of PGRs. As farmers become more aware of market demands and consumer preferences, they may use PGRs to produce crops that meet quality standards, resulting in better marketability and profitability. Awareness of regulatory standards and compliance requirements for agricultural products may encourage farmers to adopt PGRs that meet industry and environmental regulations. This factor will accelerate the demand of the Global Plant Growth Regulators Market

 

Download Sample Report

Key Market Challenges

Resistance Management

Overreliance on a specific type or class of PGRs and their frequent use without rotation or alternation can lead to the development of resistance. Continuous exposure creates selective pressure, favoring individuals with innate resistance. If a majority of available PGRs share a similar mode of action, the risk of resistance development increases. Having a limited diversity in modes of action makes it easier for plants to adapt and develop resistance. Infrequent rotation or alternation of different PGRs with distinct modes of action can contribute to resistance. Rotation helps manage resistance by preventing the continuous exposure of plants to the same PGR. Incorrect application practices, such as suboptimal dosages, inconsistent application, or improper timing, may result in sublethal doses that promote the selection of resistant individuals. Some plant species may possess inherent genetic traits that confer resistance to certain PGRs. Over time, the prevalence of resistant genotypes can increase in plant populations. Inadequate monitoring and surveillance programs may fail to detect resistance development in a timely manner. Lack of early detection can lead to delayed responses and exacerbate the issue.

Market Fragmentation

The PGR market features many companies producing a diverse range of products. This can lead to a fragmented market structure with various players competing for market share. The market often includes a wide array of PGR products with varying formulations, modes of action, and applications. This diversity can create challenges for buyers in selecting the most suitable products for their specific needs. Market fragmentation results in companies having relatively small market shares. This can hinder the ability of individual companies to influence pricing, establish brand dominance, or invest significantly in research and development. Intense competition among numerous players may lead to price wars as companies strive to gain a competitive edge. While this may benefit buyers in the short term, it can impact the profitability and sustainability of businesses in the long run. With numerous players in the market, there may be challenges in establishing efficient distribution networks. Companies might face difficulties in ensuring the timely and widespread availability of their products. Smaller companies with limited market share may face constraints in terms of financial resources and investment in research and development. This can impede the development of innovative and advanced PGR products.

Key Market Trends

Growing Demand for Organic PGRs

The global trend towards organic farming has been gaining momentum as consumers seek products grown without synthetic pesticides or chemical fertilizers. Organic PGRs fit into this paradigm by providing plant growth enhancement through natural and sustainable means. Increased consumer awareness and demand for organic and sustainably produced fruits, vegetables, and other crops drive the need for organic PGRs. Consumers are willing to pay a premium for produce grown using organic and environmentally friendly practices. Many countries have implemented regulations and certifications that support organic farming practices. The use of organic PGRs aligns with these regulations, making them a preferred choice for growers seeking organic certification. Growing concerns about the environmental impact of conventional agriculture, including the use of synthetic chemicals, have led to a shift towards more sustainable and eco-friendly practices. Organic PGRs are perceived as a safer and environmentally conscious alternative. Organic PGRs often utilize natural and biologically derived ingredients, such as plant extracts, microbial-based formulations, and other organic compounds. These formulations resonate with consumers looking for products with minimal synthetic inputs. Products labeled as organic or certified by relevant authorities appeal to consumers who prioritize health and sustainability. The use of organic PGRs contributes to the overall organic certification of crops.

Segmental Insights

Type Insights

In 2023, the Global Plant Growth Regulators Market largest share was held by Gibberellins segment and is predicted to continue expanding over the coming years. Gibberellins are known for promoting stem elongation and cell division. This characteristic is particularly valuable in crops where increased height is desired, such as certain fruits and vegetables. Gibberellins play a crucial role in the regulation of flowering and fruit development. They can stimulate the formation of flowers and fruits, leading to increased crop yields. Gibberellins are involved in the regulation of seed germination. The application of gibberellin-containing products can enhance and synchronize the germination process, contributing to uniform plant growth. In certain fruit crops, gibberellins can be used to improve fruit size and quality. This is particularly important for commercial fruit production, where market standards for size and appearance are critical. Gibberellins are utilized in some crops to induce seedless fruit production, a desirable trait in certain fruits like grapes and seedless watermelons.

Mode of Application Insights

In 2023, the Global Plant Growth Regulators Market largest share was held by Fertigation segment and is predicted to continue expanding over the coming years.  Fertigation involves the application of fertilizers and plant growth regulators through irrigation systems. This method ensures the efficient delivery of nutrients and growth regulators directly to the plant's root zone, maximizing absorption. Fertigation is a key component of precision agriculture practices, allowing farmers to precisely control the timing, rate, and placement of fertilizers and plant growth regulators. This contributes to optimized crop performance and resource use. Fertigation enables the integration of water-soluble fertilizers and plant growth regulators into irrigation systems, promoting water use efficiency. This is particularly important in regions facing water scarcity or aiming to conserve water resources. Through fertigation, fertilizers and plant growth regulators can be uniformly distributed across the entire field. This uniformity helps in achieving consistent crop growth, quality, and yield. The increasing adoption of automation and technology in agriculture has led to the popularity of fertigation systems. Automated control systems allow farmers to adjust nutrient and PGR applications based on real-time data, enhancing efficiency.

Function Insights

In 2023, the Global Plant Growth Regulators Market largest share was held by Plant Growth Inhibitors segment in the forecast period and is predicted to continue expanding over the coming years.  Plant growth inhibitors are used in various agricultural and horticultural applications to regulate plant growth and development. They can be employed to manage plant height, control unwanted shoots, and enhance the overall quality of crops. Inhibitors are often used to control excessive vegetative growth, particularly in certain fruit and ornamental crops. This helps in managing the plant structure and can improve the quality of fruits, flowers, or other harvested parts. Plant growth inhibitors are commonly used in cereal crops to reduce lodging, which occurs when the stems of the plants break or bend under the weight of the crop. This application helps improve the overall yield and harvest efficiency. By controlling excessive growth, plant growth inhibitors can redirect the plant's energy towards reproductive structures, such as flowers and fruits. This can lead to improved crop yield and quality.


 

Download Sample Report

Regional Insights

The North America region dominates the Global Plant Growth Regulators Market in 2023. North America, particularly the United States and Canada, has a sizable and technologically advanced agricultural sector. The extensive cultivation of various crops and the adoption of modern farming practices contribute to the substantial demand for plant growth regulators. The North American agricultural industry is known for its early adoption of advanced technologies and agricultural innovations. The integration of cutting-edge technologies and practices often includes the use of plant growth regulators to optimize crop production. The region invests significantly in research and development in the field of agriculture, including the development of new and improved plant growth regulators. Research institutions, universities, and agricultural organizations contribute to the innovation and advancement of PGR technologies. North America cultivates a wide variety of crops, ranging from grains and oilseeds to fruits and vegetables. The diverse agricultural landscape creates a demand for different types of plant growth regulators tailored to specific crops.

Recent Developments

  • In March 2023, Sumitomo Chemical India Ltd. has introduced its highly anticipated Biorational product, Promalin, in Shimla, Himachal Pradesh. This innovative product is the result of extensive research conducted by Valent Biosciences, based in Illinois, USA, and is a subsidiary of Sumitomo Chemical Company in Japan. Recognized for its cutting-edge Biorational solutions, Promalin marks its debut in the Indian market through Sumitomo Chemical India Ltd. The product has undergone evaluation and received recommendations from esteemed institutions such as Y.S. Parmar University of Horticulture and Forestry, Nauni, Solan; Sher-e-Kashmir University of Agricultural Sciences and Technology of Jammu; VCSG Uttarakhand University of Horticulture and Forestry, Bharsar; and ICAR- IARI Regional Research Station, Shimla.
  • In January 2020, BASF has unveiled Attraxor, a novel plant growth regulator (PGR), during the BTME event in Harrogate. Making its debut in the UK market, this product incorporates the potent active ingredient Prohexadione calcium. Attraxor is designed to decrease the longitudinal shoot growth of grass, resulting in reduced mowing frequency and the generation of clippings. The product specifically addresses the challenges posed by Poa annua, also known as annual meadow grass or bluegrass, which can adversely impact turf quality and sward density. Particularly in sports settings like golf putting greens, Poa annua can affect the ball's roll. Attraxor functions by diminishing seed head production and the regenerative potential of Poa annua. Through this action, it replaces Poa annua, strengthens turf, enhances sward density, and mitigates the risk of fungal infections such as Anthracnose.

Key Market Players

  • BASF SE
  • Corteva, Inc
  • Syngenta AG
  • FMC Corporation
  • Nufarm Limited
  • Bayer AG
  • UPL Limited
  • Sumitomo Chemical Co., Ltd.
  • Tata Chemicals Ltd.

 

By Type

By Crop Type

By Function

By Mode of Application

By Region

  • Cytokinin
  • Auxins
  • Gibberellins
  • Ethylene
  • Others
  • Cereals and Grains
  • Oilseeds and Pulses
  • Fruits and Vegetables
  • Turf and Ornamentals
  • Others
  • Plant Growth Promoters
  • Plant Growth Inhibitors
  • Fertigation
  • Foliar
  • North America
  • Asia-Pacific
  • Europe
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Plant Growth Regulators Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Plant Growth Regulators Market, By Type:

o   Cytokinin

o   Auxins

o   Gibberellins

o   Ethylene

o   Others

  • Plant Growth Regulators Market, By Crop Type:

o   Cereals and Grains

o   Oilseeds and Pulses

o   Fruits and Vegetables

o   Turf and Ornamentals

o   Others

  •          Plant Growth Regulators Market, By Function:

o   Plant Growth Promoters

o   Plant Growth Inhibitors

  • Plant Growth Regulators Market, By Mode of Application:

o   Fertigation

o   Foliar

  • Plant Growth Regulators Market, By region:

o   North America

§  United States

§  Canada

§  Mexico

o   Asia-Pacific

§  China

§  India

§  South Korea

§  Australia

§  Japan

o   Europe

§  Germany

§  France

§  United Kingdom

§  Spain

§  Italy

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

 

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global Plant Growth Regulators Market.

Available Customizations:

Global Plant Growth Regulators Market report with the given market data, Tech Sci 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).

Global Plant Growth Regulators 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

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.  Markets Covered

1.2.2.  Years Considered for Study

1.2.3.  Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global Plant Growth Regulators Market Outlook

5.1.  Market Size & Forecast

5.1.1.        By Value

5.2.  Market Share & Forecast

5.2.1.        By Type (Cytokinin, Auxins, Gibberellins, Ethylene, Others)

5.2.2.        By Crop Type (Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetables, Turf and Ornamentals, Others)

5.2.3.        By Function (Plant Growth Promoters, Plant Growth Inhibitors)

5.2.4.        By Mode of Application (Fertigation, Foliar)

5.2.5.        By Region

5.2.6.        By Company (2023)

5.3.  Market Map

6.    Asia Pacific Plant Growth Regulators Market Outlook

6.1.  Market Size & Forecast

6.1.1.        By Value

6.2.  Market Share & Forecast

6.2.1.        By Type

6.2.2.        By Crop Type

6.2.3.        By Function

6.2.4.        By Mode of Application

6.2.5.        By Country

6.3.  Asia Pacific: Country Analysis

6.3.1.        China Plant Growth Regulators Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Type

6.3.1.2.2.           By Crop Type

6.3.1.2.3.           By Function

6.3.1.2.4.           By Mode of Application

6.3.2.        India Plant Growth Regulators Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Type

6.3.2.2.2.           By Crop Type

6.3.2.2.3.           By Function

6.3.2.2.4.           By Mode of Application

6.3.3.        Australia Plant Growth Regulators Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Type

6.3.3.2.2.           By Crop Type

6.3.3.2.3.           By Function

6.3.3.2.4.           By Mode of Application

6.3.4.        Japan Plant Growth Regulators Market Outlook

6.3.4.1.        Market Size & Forecast

6.3.4.1.1.           By Value

6.3.4.2.        Market Share & Forecast

6.3.4.2.1.           By Type

6.3.4.2.2.           By Crop Type

6.3.4.2.3.           By Function

6.3.4.2.4.           By Mode of Application

6.3.5.        South Korea Plant Growth Regulators Market Outlook

6.3.5.1.        Market Size & Forecast

6.3.5.1.1.           By Value

6.3.5.2.        Market Share & Forecast

6.3.5.2.1.           By Type

6.3.5.2.2.           By Crop Type

6.3.5.2.3.           By Function

6.3.5.2.4.           By Mode of Application

7.    Europe Plant Growth Regulators Market Outlook

7.1.  Market Size & Forecast

7.1.1.        By Value

7.2.  Market Share & Forecast

7.2.1.        By Type

7.2.2.        By Crop Type

7.2.3.        By Function

7.2.4.        By Mode of Application

7.2.5.        By Country

7.3.  Europe: Country Analysis

7.3.1.        France Plant Growth Regulators Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Type

7.3.1.2.2.           By Crop Type

7.3.1.2.3.           By Function

7.3.1.2.4.           By Mode of Application

7.3.2.        Germany Plant Growth Regulators Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Type

7.3.2.2.2.           By Crop Type

7.3.2.2.3.           By Function

7.3.2.2.4.           By Mode of Application

7.3.3.        Spain Plant Growth Regulators Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Type

7.3.3.2.2.           By Crop Type

7.3.3.2.3.           By Function

7.3.3.2.4.           By Mode of Application

7.3.4.        Italy Plant Growth Regulators Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Type

7.3.4.2.2.           By Crop Type

7.3.4.2.3.           By Function

7.3.4.2.4.           By Mode of Application

7.3.5.        United Kingdom Plant Growth Regulators Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Type

7.3.5.2.2.           By Crop Type

7.3.5.2.3.           By Function

7.3.5.2.4.           By Mode of Application

8.    North America Plant Growth Regulators Market Outlook

8.1.  Market Size & Forecast

8.1.1.        By Value

8.2.  Market Share & Forecast

8.2.1.        By Type

8.2.2.        By Crop Type

8.2.3.        By Function

8.2.4.        By Mode of Application

8.2.5.        By Country

8.3.  North America: Country Analysis

8.3.1.        United States Plant Growth Regulators Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Type

8.3.1.2.2.           By Crop Type

8.3.1.2.3.           By Function

8.3.1.2.4.           By Mode of Application

8.3.2.        Mexico Plant Growth Regulators Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Type

8.3.2.2.2.           By Crop Type

8.3.2.2.3.           By Function

8.3.2.2.4.           By Mode of Application

8.3.3.        Canada Plant Growth Regulators Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Type

8.3.3.2.2.           By Crop Type

8.3.3.2.3.           By Function

8.3.3.2.4.           By Mode of Application

9.    South America Plant Growth Regulators Market Outlook

9.1.  Market Size & Forecast

9.1.1.        By Value

9.2.  Market Share & Forecast

9.2.1.        By Type

9.2.2.        By Crop Type

9.2.3.        By Function

9.2.4.        By Mode of Application

9.2.5.        By Country

9.3.  South America: Country Analysis

9.3.1.        Brazil Plant Growth Regulators Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Type

9.3.1.2.2.           By Crop Type

9.3.1.2.3.           By Function

9.3.1.2.4.           By Mode of Application

9.3.2.        Argentina Plant Growth Regulators Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Type

9.3.2.2.2.           By Crop Type

9.3.2.2.3.           By Function

9.3.2.2.4.           By Mode of Application

9.3.3.        Colombia Plant Growth Regulators Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Type

9.3.3.2.2.           By Crop Type

9.3.3.2.3.           By Function

9.3.3.2.4.           By Mode of Application

10. Middle East and Africa Plant Growth Regulators Market Outlook

10.1.             Market Size & Forecast

10.1.1.     By Value

10.2.             Market Share & Forecast

10.2.1.     By Type

10.2.2.     By Crop Type

10.2.3.     By Function

10.2.4.     By Mode of Application

10.2.5.     By Country

10.3.             MEA: Country Analysis

10.3.1.     South Africa Plant Growth Regulators Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Type

10.3.1.2.2.         By Crop Type

10.3.1.2.3.         By Function

10.3.1.2.4.         By Mode of Application

10.3.2.     Saudi Arabia Plant Growth Regulators Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Type

10.3.2.2.2.         By Crop Type

10.3.2.2.3.         By Function

10.3.2.2.4.         By Mode of Application

10.3.3.     UAE Plant Growth Regulators Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Type

10.3.3.2.2.         By Crop Type

10.3.3.2.3.         By Function

10.3.3.2.4.         By Mode of Application

11. Market Dynamics

11.1.             Drivers

11.2.             Challenges

12. Market Trends & Developments

12.1.             Recent Developments

12.2.             Product Launches

12.3.             Mergers & Acquisitions

13. Global Plant Growth Regulators Market: SWOT Analysis

14. Porter’s Five Forces Analysis

14.1.             Competition in the Industry

14.2.             Potential of New Entrants

14.3.             Power of Suppliers

14.4.             Power of Customers

14.5.             Threat of Substitute Product

15. PESTLE Analysis

16. Competitive Landscape

16.1.   BASF SE

16.2.   Corteva, Inc

16.3.   Syngenta AG

16.4.   FMC Corporation

16.5.   Nufarm Limited

16.6.   Bayer AG

16.7.   UPL Limited

16.8.   Sumitomo Chemical Co., Ltd.

16.9.   Tata Chemicals Ltd.

17. Strategic Recommendations

Figures and Tables

Frequently asked questions

down-arrow

The market size of the Plant Growth Regulators Market was estimated to be USD 3.09 billion in 2023.

down-arrow

BASF SE, Corteva, Inc, Syngenta AG are some of the key players operating in the Plant Growth Regulators Market.

down-arrow

Growing concerns about the environmental impact of chemical based PGRs and the demand for sustainable and eco-friendly alternatives may influence consumer choices.

down-arrow

The integration of biotechnological tools, including genetic engineering and molecular biology, is leading to the development of more precise and effective plant growth regulators.

profile

Sakshi Bajaal

Business Consultant
Press Release

Evaporated Milk Market to Grow with a CAGR of 2.54% through 2029

Nov, 2024

The global Evaporated Milk Market is expanding, driven by growing consumer demand for convenience and shelf-stable products, rising interest in dairy-based beverages and desserts, and expanding middl