Plant Growth Regulators Market will grow at 8.5% CAGR to exceed USD 9.7 billion by 2025

Market Study Report adds 2018-2025 Global Plant Growth Regulators market report that offers an exhaustive coverage of the industry with brief analysis, data charts, figures, statistics that help take business decisions, company profiles and more.

MarketStudyReport.com Adds New Plant Growth Regulators Market 2018 – 2025 research report providing information and data By Application, By Product, Industry Analysis, Regional Outlook, Application Potential, Trends, Competitive Market Share & Forecast spreading across 205 Pages with table and figures in it.

Asia Pacific PGR market shall expand with highest CAGR over the forecast period. This can be attributed to the countries in Asia Pacific spending more than before on agriculture sector, which is due to growing food demand across the region. For instance, the Agricultural Development Bank of China sanctioned a loan of nearly USD 450 billion for the betterment and improvement of Chinese Agriculture industry by 2020. As a result, the farmers in the nation are willing to adopt crop production chemicals such as plant growth regulators to enhance the overall output of major farm products such as grains, cotton, tobacco, fruits, etc. in China. The burgeoning population of Asia Pacific is coercing with the demand for improved food crops at reduced price, which is likely to boost the plant growth regulators and bio-based stimulators demand in the region during the forecast timeframe.

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Global plant growth regulators (PGR) market is anticipated to be majorly driven by the rapidly increasing product demand in Asia Pacific. This can be attributed to the growing awareness about PGR and increasing expenditure on product marketing by manufacturers in the region. Diet pattern of population in this region is gradually changing and the focus has been considerably shifted over food quality and quantity. This has escalated demand for enhanced crop productivity, in the region and thus propelling plant growth regulators demand in past few years. Moreover, farmers in Asia Pacific have begun using plant growth regulators for achieving quick and early yield to maximize market profits while protecting crop from cold and diseases at the same time.

Cereals & grains application segment will create a significant product demand over the next few years. Cereals and grains are major part of the human diet from thousand years. According to the world bank reports cereals production in 2000 was 2.053 billion metric tons and reached 2.849 billion metric tons in 2015. This exponential production and growth in cereals production is likely to boost the product demand in near future. Oil seeds and pulses shall create a major chunk of PGR market over the forecast period, due to rising demand for oil seeds and pulses in nations including India, China, Taiwan, Thailand and Indonesia.

Cytokinins will create a major chunk of demand in plant growth regulators market over the forecast timespan. Growing acceptance for genetically modified seeds and crops in nations including Brazil, India, Sri Lanka, Indonesia will be fueling the global cytokinins demand. Cytokinins are generally used in seed germination and plant cell division. Gibberlins is another major product segment which will experience a healthy CAGR in near future. This can be attributed to its applications in wide range of crops for stem elongation, dormancy breaking and other crucial plant growth processes.

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Many giant players are working in the PGR market. Some prominent players include Syngenta AG, BASF SE, DowDuPont, Nippon Soda Co., Bayer AG, Nufarm Limited, Ltd., Tata Chemicals Ltd, Valent Biosciences LLC, Adama Agricultural Solutions Ltd and Arysta Lifescince. Vendors operating in the plant growth regulators market are engaged in mergers & acquisitions for grabbing larger chunk of customer base. For instance, in June 2018, Bayer completed the acquisition of Monsanto shares in the U.S. This acquisition will increase Bayer?s product and customer base in agriculture market in the country.

Table of Content:

Chapter 1. Methodology And Scope

1.1. Methodology

1.2. Market definition

1.3. Market estimation & forecast parameters

1.4. Data sources

1.4.1. Primary

1.4.2. Secondary

1.4.2.1. Paid

1.4.2.2. Unpaid

Chapter 2. Executive Summary

2.1. Plant growth regulators industry 360 degree synopsis, 2014 – 2025

2.1.1. Business trends

2.1.2. Product by application trends

2.1.3. Application trends

2.1.4. Regional trends

Chapter 3. Plant Growth Regulators Industry Insights

3.1. Industry segmentation

3.2. Industry size and forecast, 2014 – 2025

3.3. Industry ecosystem analysis

3.3.1. Raw material analysis

3.3.2. Profit margin

3.3.3. Value addition

Chapter 4. Plant Growth Regulators Market, Product By Application

4.1. Plant growth regulators market product insights

4.2. Cytokinins

4.2.1. Global cytokinins plant growth regulators market estimates and forecast, 2014 – 2025

Chapter 5. Plant Growth Regulators Market, By Application

5.1. Plant Growth Regulators market application insights

5.2. Fruits & vegetables

5.2.1. Market estimates and forecast, 2014 – 2025

5.2.2. Market estimates and forecast by region, 2014 – 2025

5.3. Cereals & grains

5.3.1. Market estimates and forecast, 2014 – 2025

5.3.2. Market estimates and forecast by region, 2014 – 2025

Chapter 6. Plant Growth Regulators Market, By Region

Chapter 7. Company Profiles

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Related Report:

Global Plant Growth Regulators Market Research Report 2018

This report studies the global Plant Growth Regulators market status and forecast, categorizes the global Plant Growth Regulators market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia).

https://www.marketstudyreport.com/reports/global-plant-growth-regulators-market-research-report-2018

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Source URL: https://marketersmedia.com/plant-growth-regulators-market-will-grow-at-85-cagr-to-exceed-usd-97-billion-by-2025/462992

Source: MarketersMedia

Release ID: 462992