Press release
Plant Growth Regulators Market 2025: Expansion Forecasted at 9.4% CAGR Driven by Rising Demand for Organic Farming and Technological Advancements
Plant Growth Regulators Market Size
What Is The Projected Market Size Of The Plant Growth Regulators Global Market And Its Growth Rate?
• The Plant Growth Regulators market grew from $3.23 billion in 2024 to $3.54 billion in 2025, expanding at a CAGR of 9.4%.
• Growth in the historic period was attributed to the surge in food production, awareness and adoption among farmers, government initiatives and focus on crop quality, yield, and the expansion of the agriculture industry.
• The market is projected to reach $5.16 billion in 2029, growing at a CAGR of 9.9%.
• The future growth is attributed to continued population growth, challenges due to climate change, focus on sustainable agriculture, market expansion in developing countries, and partnerships.
What Is Driving The Growth In The Plant Growth Regulators Global Market Report 2025?
The burgeoning demand for organic farming propels the growth of the plant growth regulators market. Organic farming, which avoids the use of synthetic chemical pesticides and growth-stimulating hormones, primarily utilizes Plant Growth Regulators (PGRs) to enhance crop quality and yield. PGRs also boost root growth and raise the size and productivity of specific crops. As per the IFOAM Organics Europe, the total area of farmland dedicated to organic production in the EU reached 16.9 million hectares in 2022, marking a 10.8% increase in the number of organic producers compared to 2021. Consequently, the rising demand for organic farming is driving the PGR market growth.
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Who Are the Key Players Driving Plant Growth Regulators Global Market Report 2025 Growth?
• BASF SE
• Bayer Crop Science
• Corteva Agriscience
• Sumitomo Chemica Co. Ltd
• Syngenta AG
• Valent BioSciences Corporation
• NuFarm Ltd.
• Food Machinery & Chemical Corporation
• ADAMA India Private Limited
• Nippon Soda Co. Ltd.
What Are The Key Trends In The Plant Growth Regulators Global Market?
• Advancements in biotechnology
• Technological advancements in agriculture
• Technological advancements in PGR production
• Increasing demand for organic products
• Expanding application in various crops
What Are The Segments Of The Global Plant Growth Regulators Market?
1) By Type: Cytokinins, Auxins, Gibberellins, Ethylene, Others
2) By Formulation: Water-Dispersible & Water-Soluble Granules, Wettable Powders, Solutions
3) By Application Type: Fruits & Vegetables, Cereals & Grains, Oil Seeds & Pulses, Turf & Ornaments
Which Region Leads The Plant Growth Regulators Global Market Report 2025?
In 2024, Europe emerged as the largest region in the Plant Growth Regulators market. Other regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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Important insights covered in the report include:
- Market Size Analysis
- Market Segmentation Analysis
- Key player focus
- Growth trends analysis
- Growth drivers
- Industry challenges
- Competitive Developments
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