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Organic Farming Surge Is A Catalyst For Robust Growth In The Plant Growth Regulators Market: The Driving Engine Behind Plant Growth Regulators Market Evolution in 2025
Plant Growth Regulators
Plant Growth Regulators Market Size Growth Forecast: What to Expect by 2025?
The market for plant growth regulators has seen significant expansion in the recent past. It is projected to escalate from $3.23 billion in 2024 to $3.54 billion in 2025, maintaining a Compound Annual Growth Rate (CAGR) of 9.4%. Factors driving growth during the historical period include rising demand for food production, enhanced awareness and utilization among farmers, government policies and regulations, emphasis on the quality and yield of crops, and the overall growth of the agriculture sector.
How Will the Plant Growth Regulators Market Size Evolve and Grow by 2029?
In the coming years, the plant growth regulators market is anticipated to experience robust growth. It is projected to expand to "$5.16 billion by 2029 with a compound annual growth rate (CAGR) of 9.9%. The escalation in the predicted timeframe can be associated with factors like growing population, the issues presented by climate change, the push towards sustainable farming, market growth in developing nations, and collaborations and partnerships. Key trends seen in the forecasted period include progress in biotech, advancement in agricultural technology, development in PGR production technology, growing demand for organic commodities, and broadening application across diverse crops.
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What Drivers Are Propelling the Growth of Plant Growth Regulators Market Forward?
The rising interest in organic farming is anticipated to fuel the expansion of the plant growth regulators market. Organic farming involves the cultivation of crops, livestock, and other goods without the use of artificial chemical pesticides, antibiotics, genetically modified organisms, hormones that stimulate growth, or other chemicals. Plant growth regulators are primarily utilized to enhance crop quality and yield in organic farming, stimulate root development, and increase the size and productivity of certain crops such as grapes and strawberries. These factors contribute to the growth of the plant growth regulators market. For example, according to IFOAM Organics Europe, a non-profit organization based in Belgium, the total area of farmland dedicated to organic production in the EU reached 16.9 million hectares in 2022. This represents a 10.8% increase in the number of organic producers compared to 2021, with the total reaching 419,112. Hence, the growing demand for organic farming is propelling the expansion of the plant growth regulators market.
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Which Emerging Trends Are Transforming the Plant Growth Regulators Market in 2025?
Companies in the plant growth regulators market are launching combination growth hormone products. In July 2024, China-based Zhejiang Sega Science and Technology Co. Ltd. introduced A PANG, a regulator that merges Choline chloride with S-Abscisic acid to boost photosynthesis, nutrient distribution, and tuber expansion, enhancing crop resilience and yield.
What Are the Key Segments in the Plant Growth Regulators Market?
The plant growth regulators market covered in this report is segmented -
1) By Type: Cytokinins, Auxins, Gibberellins, Ethylene, Other Types
2) By Formulation: Water-Dispersible And Water-Soluble Granules, Wettable Powders, Solutions
3) By Application Type: Fruits And Vegetables, Cereals And Grains, Oil Seeds And Pulses, Turf And Ornaments
Subsegments:
1) By Cytokinins: Zeatin, Kinetin, Benzyladenine (BA), Thidiazuron (TDZ)
2) By Auxins: Indole-3-Acetic Acid (IAA), Indole-3-Butyric Acid (IBA), Naphthalene Acetic Acid (NAA), 2,4-Dichlorophenoxyacetic Acid (2,4-D)
3) By Gibberellins: Gibberellic Acid (GA3), GA4 And GA7 (Gibberellins A4 And A7), Gibberellin Mixes
4) By Ethylene: Ethephon, Ethylene Gas Solutions, Ethylene Releasing Compounds
5) By Other Types: Abscisic Acid (ABA), Jasmonic Acid, Brassinosteroids, Salicylic Acid
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Who Are the Key Players Shaping the Plant Growth Regulators Market's Competitive Landscape?
Major companies operating in the plant growth regulators market include 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., Arysta LifeScience Corporation, Tata Chemicals Limited, Sichuan Guoguang Agrochemical Co. Ltd, United Phosphorus Limited, Redox Industries Ltd, Xinyi (H.K.) Industrial Co. Ltd., WinField Solutions LLC, Nissan Chemical Corporation, Sikko Industries Ltd., Crop Care Australasia Pty Ltd., Biolchim S.p.A., Novozymes A/S, Isagro S.p.A., Fine Americas Inc., Agro-K Corporation, Plant Hormones Ltd., Albaugh LLC, Westbridge Agricultural Products, Loveland Products Inc.
What Geographic Markets Are Powering Growth in the Plant Growth Regulators Market?
Europe was the largest region in the plant growth regulators market in 2024. The regions covered in the plant growth regulators market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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