North America Plant Growth Regulators Market | Covers Top Participants as ADAMA, Arysta LifeScience, BASF, Bayer CropScience, etc | by MRFR

This MRFR Market Perspective Examines the Historical Trends and Current Scenario of the “North America Plant Growth Regulators Market” to Deliver a Highly Pertinent Growth Forecast. And Registering 7.0% CAGR Along with Top Companies and Mega Trends.

The North America plant growth regulators market is segmented on the basis of origin, crop type, type of plant growth regulator, formulation, and function.

On the basis of origin, the market is segmented into biological and synthetic

On the basis of crop type, the market is classified into pulses and oilseeds, grains and cereals, fruits and vegetables, turf and ornamentals, and others.

On the basis of type of plant growth regulator, the market is classified as auxins, cytokinins, gibberellins, ethylene, and abscisic acid.

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On the basis of formulation, the market is classified as water-dispersible and water-soluble granules, solutions, and wettable powders.

On the basis of function, the market is segmented into plant growth promoters and plant growth inhibitors.

North America Plant Growth Regulators Market - Highlights

Plant growth regulators are chemical compounds that help in modifying physiological processes of plants. These growth regulators profoundly influence the growth and differentiation of plant cells, tissues, and organs. With the increasing growth of the agriculture industry, the demand for plant growth regulators has also been escalating.

North American Plant Growth Regulators Market is expected to grow at a CAGR of 7.0% during the forecast period of 2017 to 2023. Plant growth regulators are applied to plants to produce the desired effect, identical to hormones.

There are five major groups of plant growth regulators, namely, Auxin or Indole Acetic Acid (IAA), Cytokinin, Gibberellin or Gibberellic Acid (GA), ethylene, and abscisic acid. In considering the type of plant growth regulator, Cytokinin accounts for the major market share which is further followed by the Gibberellins in the North American plant growth regulators market.

The cytokinins are used to produce cell division and retard senescence in plants. The cytokinins in combination with auxin lead to the production of undifferentiated cell masses called calluses. The gibberellins are required for seed germination and sex expression.

Top players:

ADAMA

Arysta LifeScience

BASF

Bayer CropScience

Dow Chemical

Nippon Soda, etc.

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Regional analysis for Plant Growth Regulators market:

North American government is supporting the agricultural amendments. In US and Canada, the government is supporting the “The Organic Farming Movement” which is moving towards the sustainable agriculture. As per the MRFR analysis, the

US government pays around $20 billion per year to farmers which directly subsidies as “farm income stabilization”. These subsidiaries have benefited farmers a lot and change the agricultural view in the United States. Even the direct subsidiaries are provided to farmers without any economic need of the financial condition of the farm economy.

Seeing the traction of bio based products between the populations there is a huge opportunity for the organic food industry to expand their business. In organic food industry, plant growth regulators play a vital role in production of crops, fruits and vegetables. So here there a direct impact if the organic food industry expands there will be huge demand generate for plant growth regulators too.

The growth of plant growth regulators Market in North America has convinced the MNCs and small scale industries to invest their capital in agricultural and farming sector. Due to this huge investment, North American agriculture and life science startups that increase productivity and sustainability, as well as modernize distribution chains.

Major TOC of North America Plant Growth Regulators Market Research Report - Forecast to 2023:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 NORTH AMERICA PLANT GROWTH REGULATOR MARKET: OVERVIEW

5 MARKET DYNAMICS

6 NORTH AMERICA PLANT GROWTH REGULATOR MARKET: VALUE/SUPPLY CHAIN ANALYSIS

7 PLANT GROWTH REGULATIONS MARKET: MARKET SIZE & FORECAST 2016-2021

8 NORTH AMERICA PLANT GROWTH REGULATOR MARKET: MARKET SIZE FORECAST BY COUNTRY LEVEL: 2016-2021

9 NORTH AMERICA PLANT GROWTH REGULATOR MARKET: MARKET SIZE - BY TYPES

10 COMPANY PROFILE

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