Plant Growth Regulators Market

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Plant Growth Regulators Market Research Report
Analysis by Type (Cytokinins, Auxins,
Gibberllins, Others), Application (Crop based,
Non-Crop based), Region, Competitive Strategies
and Segment Forecast 2016-2026
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Market Summary
The Global plant Growth Regulators Market size is
forecast to exceed USD 10.29 billion in terms of
remunerations by 2027 from USD 5.41 billion in
2019. The market growth is driven by a growing
focus on sustainable farming. Plant growth
regulators or plant hormones phytohormones are
the chemical compounds used to alter all the
aspects of the growth and development of a plant.
Some aspects that can be modified using plant
growth regulators include increasing branching,
increasing return bloom, suppressing shoot
growth, altering fruit maturity, or removing
excess fruit. High investments in the
agricultural sector, along with the rapid
expansion of the organic food sector, will
supplement plant growth regulators market share
over the forecast period. Market
Segmentation This report shows the revenue
growth at global, regional, and country levels to
provide an analysis of the market trends in each
segment and sub-segment from 2017 to 2027. For
this study, Reports and Data has segmented the
plant growth regulators market based on type,
application, and region. Free Report Sample _at_
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Market segment based on Type Cytokinins Auxi
ns Gibberllins Others Market segment based
on Application Crop based Non-Crop
based Impact of COVID-19 on Plant Growth
Regulators Market COVID-19 has negatively
impacted the global economy by directly affecting
production and demand and creating supply chain
and market disruption. As the COVID-19 crisis
unfolds, disruptions in domestic food supply
chains are affecting food production. The food
security risk is being analyzed in many
countries. Regardless of stable global food
prices, several countries are witnessing varying
levels of food price inflation at the retail
level. The solution to various multi-layered
uncertainties experienced by product
manufacturers and industries involved in the
supply chain are covered in this research report.
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Plant Growth Regulators Market
Dynamics Bio-stimulants or bio-inhibitors
products as plant growth regulators are
experiencing increased demand, primarily in
agriculture-based economies. Agriculture is
becoming more mechanized, with scientific
advancements ensuring the use of new technology
to enhance the production of the crops. This has
surging demand for plant growth regulators.
Increased consumption of agrochemicals to enhance
crop protection and increase nutrition-rich
produce will foster market size. Moreover, the
emerging trend of in-house farming and gardening
due to increased preference for organic produce
will reinforce plant growth regulators market
trends through 2027. The uncontrolled usage of
PGRs is resulting in the immense growth of the
crop, but the ripening occurs only on the outer
surface while the core remains unripe. This is a
burgeoning concern for both the end-users and
manufacturers alike. Lesser innovation in product
development and awareness regarding these issues
are some of the factors that may hinder the
industry growth over the analysis period. Plant
Growth Regulators Market Regional Outlook In
the regional landscape, Europe dominates the
global market with a 45 share. The robust growth
can be attributed to the increased adoption of
practices like organic farming, decorative
farming, rooftop gardening, and sustainable
farming in the region. The second-largest share
is held by North America due to the presence of
major PGR manufacturers in the region.
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On the other hand, the Asia Pacific region is
poised to experience major growth over the
projected timeframe on account of favorable
farming policies for the farmers, primarily in
developing nations such as India and China.
Additionally, the degrading soil quality in the
region due to overgrazing, urbanization,
industrialization, deforestation, and another
factor, is further pushing farmers to opt for
plant growth regulators. Prominent players in
the Global Plant Growth Regulators Market
BASF Adama Agricultural Solutions Dow
Chemical Company Syngenta Bayer CropScience
Nufarm FMC Corporation Valent Biosciences
Corportation Xinyi (HK) Industrial WinField
United TATA Chemicals Nippon Soda Arysta
LifeScience Redox Industries Limited
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Regional analysis includes North America
Europe Asia Pacific Latin America Middle
East Africa (MEA) Report Highlights
Detailed overview of the parent market Changing
positive plant growth regulators market dynamics
in the industry In-depth plant growth
regulators market segmentation Historical,
present, and projected positive plant growth
regulators market size in terms of volume and
value Recent positive market trends and
developments Competitive landscape Strategies
of key players and products offered Segments,
sub-segments, and geographical regions exhibiting
promising growth A neutral perspective on the
plant growth regulators market Browse Complete
Report _at_ https//www.reportsanddata.com/report-de
tail/plant-growth-regulators-market
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