Plant Growth Regulators Market Study, Detail Analysis, Growth Drivers, Product Demand, Application Analysis, Region Overview by 2025

Plant Growth Regulators Market share is expected to grow at a rapid pace in the forthcoming years owing to the rise of investments in the agricultural sector coupled with the increasing awareness regarding plant growth regulators. Additionally, the rise in demand for food is propelling the global agricultural produce thereby requiring crop production chemicals like plant growth regulators to enhance the productivity. According to a report by Global Market Insights, Inc., plant growth regulators market size is slated to exceed USD 9.7 billion by 2025.

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The rising investment in agricultural sector globally is a vital factor propelling plant growth regulators market size. Increasing awareness regarding plant growth regulators and product marketing by the manufacturers are also important factors driving the market share. The demand for agricultural produce has seen a substantial uptick in the recent times owing to the shift in dietary pattern of consumers demanding an enhanced crop productivity.

In Europe, the rising development of industrial and commercial spaces has led to a decline in agricultural land. Hence, the government authorities are encouraging the use of plant growth regulators to boost plantation within the available arable land. According to reports, the European Union may invest an estimated amount of USD 426 billion under its Common Agricultural Policy (CAP) in forthcoming years. Thus, the investments made by the government authorities to strengthen their agricultural sector globally is benefiting the growth prospects of plant growth regulators market.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. BASF
2. DuPont
3. Syngenta
4. Bayer
5. Nufarm
6. Nippon Soda Co Ltd
7. Tata Chemicals
8. Valent BioSciences
9. ADAMA Agricultural Solutions Ltd
10. Arysta Lifescience

Reportedly, cereals and grains are likely to amplify plant growth regulators market in the coming years. According to a report by World Bank, in the year 2000, the production of cereals was estimated at 2.053 billion metric tons and by 2015, it reached 2.849 billion metric tons. Evidently, cereals constitute a major part of human diet in several countries. The increase in production of cereals will strengthen plant growth regulators market outlook in the forecast years. Additionally, grains like pulses and oil seeds will boost plant growth regulators industry due to their steadily increasing demand in countries like China, India, Indonesia, and Taiwan.

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The growing demand for food in the Asia Pacific countries and the rise in expenditure in agricultural sector will drive plant growth regulators market in this region. For instance, a loan of USD 450 billion has been sanctioned by the Agricultural Development Bank of China to enhance the Chinese agricultural industry by 2020. Due to this, the farmers are willing to adopt crop production chemicals like plant growth regulators to increase the agricultural produce of tobacco, cotton, grains, fruits, etc. in China. Moreover, the surging population in APAC countries is increasing the demand for agricultural produce, thereby boosting the usage of bio-based stimulators and plant growth regulators.

Major Point From Table Of Content:

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

5.4. Oil seeds & pulses

5.4.1. Market estimates and forecast, 2014 – 2025

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

5.5. Turf & ornaments

5.5.1. Market estimates and forecast, 2014 – 2025

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

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/plant-growth-regulators-market

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Global Market Insights, Inc.
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About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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