Global Plant Growth Regulators Market Size, Share, Trends and Forecast – 2022

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MarketsandMarkets Presents
Plant Growth Regulators Market- Global Forecast
2023
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• The report "Plant Growth Regulators Market by
  Type (Auxins, Cytokinins, Gibberellins,
  Ethylene), Crop Type (Cereals Grains, Fruits
  Vegetables, Oilseeds Pulses, Turf
  Ornamentals), Formulation, Function, Origin, and
  Region - Forecast to 2022
• The plant growth regulators market is estimated
  to be valued at 2.11 Billion in 2017 and is
  projected to reach a value of USD 2.93 Billion by
  2022, at a CAGR of 6.8 during the forecast
  period. The market is driven by factors such as
  growing consumer preference for organic foods,
  new product registrations, increase in arable
  land and technological advancements in the
  agricultural industry.
• Browse 95 market data Tables and 34 Figures
  spread through 125 Pages and in-depth TOC
  on "Collagen Market by Product Type (Gelatin,
  Hydrolyzed Collagen, and Native Collagen),
  Source, Application (Food Beverages,
  Pharmaceutical Healthcare), and Region (North
  America, Europe, Asia Pacific, and Row) - Global
  Forecast to 2023
• The periodization considered for the study are as
  follows
• Base year 2016
• Beginning of projection period 2017
• End of projection period 2022
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The gibberellins segment is projected to grow at
the highest CAGR during forecast period Based on
type, the plant growth regulators market has been
segmented into cytokinins, auxins, gibberellins,
and ethylene, wherein the gibberellins segment is
projected to grow at the highest CAGR during the
forecast period. There is a total of 80 different
gibberellin compounds which exist in plants
however, only gibberellic acid (GA3) and GA47
compounds are the most popularly used varieties.
Gibberellins are available in around 126 forms,
not only in plants but also in fungi and
bacteria. The water-dispersible water-soluble
granules, by formulation, accounted for a larger
share of the plant growth regulators market in
2017 The water-dispersible water-soluble
granules segment accounted for a larger share of
the global plant growth regulators market in
2017. They are most popular forms of plant growth
regulators in the agricultural industry. They
provide advantages such as easy to handle,
non-toxic, and are more stable during storage and
transportation. Moreover, water-dispersible
water-soluble granules are gaining growth in the
market due to ease of transportation as they can
be transported and shipped in solid packets. The
plant growth promoters segment, by function,
accounted for a larger share of the plant growth
regulators market in 2017 Plant growth regulators
or phytohormones are segmented as plant growth
promotors and plant growth inhibitors as per
their functionality. The plant growth promoters
segment accounted for a larger share of the
global plant growth regulators market in 2017.
Some of the most popular plant growth promoters
include auxins, gibberellins, and cytokinins.
They help in growth and development during
flowering, fruiting, root initiation, and overall
increase in yield. Plant growth promoters are
used in various fruit vegetables to enhance the
flowering process. Make an Inquiry
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The Asia Pacific region dominated the plant
growth regulators market in 2017 India and China
being the most populated countries led to higher
demand for food in the region resulting in
adoption of practices such as use of plant growth
regulators. In 2017, the Asia Pacific region
accounted the higher share in the global market
for plant growth regulators. According to
MarketsandMarkets, factors such as rapid
technical advancements, government encouragement
for organic farming, and increase in crop
production drives the plant growth regulators
market in the Asia Pacific region. Plant growth
regulators are receiving acceptance as they are
expected to increase long-term agricultural
productivity and help realize the goal of food
self-sufficiency. This report includes a study
of marketing and development strategies, along
with the product portfolios of the leading
companies. It includes the profiles of leading
companies such as BASF (Germany), Corteva (US),
Syngenta (Switzerland), FMC Corporation (US), and
Nufarm (Australia). Other players include Bayer
CropScience (Germany), Nippon Soda (Japan), Tata
Chemicals (India), Valent Biosciences (US), Xinyi
Industrial (China), ADAMA (Israel), UPL (India),
Sumitomo Chemical (Japan), and WinField Solutions
(US). Stringent regulatory frameworks regarding
the maximum residue level in agricultural soil,
in the European region, make plant growth
regulators a favored product among farmers, as
they are more environment friendly. This has made
Europe one of the major markets for residue-free
plant growth regulators.   The demand for
organic products is projected to provide a strong
platform for the entry of seaweed-based plant
growth regulators. With increasing environmental
regulations and residue level monitoring of
pesticides, these new ranges of natural plant
growth regulators can enhance the market growth.
However, the market has been highly dependent on
the fruits vegetables segment. Request Sample
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• Scope Of The Report
• On the basis of type, the plant growth regulators
  market has been segmented into
• Cytokinins
• Auxins
• Gibberellins
• Ethylene
• On the basis of crop type, the plant growth
  regulators market has been segmented into
• Fruits  vegetables
• Cereals  grains
• Oilseeds  pulses  
• Turf  ornamentals  
• On the basis of function, the plant growth
  regulators market has been segmented into
• Plant growth promoters
• Plant growth inhibitors
• On the basis of formulation, the plant growth
  regulators market has been segmented into
• Water-dispersible water-soluble granules
• Solutions
• Wettable  powders

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