市场调查报告书
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1447709
植物生长调节剂市场:按类型、配方、功能、作物类型、2031 年全球预测Plant Growth Regulators Market by Type (Cytokinins, Auxins, Gibberellins, Ethylene, Abscisic Acid), Formulation (Wettable Powders, Solutions), Function (Promoters, Inhibitors), Crop Type (Cereals & Grains, Fruits & Vegetables) - Global Forecast to 2031 |
以价值计算,植物生长调节剂市场将于2031 年达到54.1 亿美元,2024 年至2031 年复合年增长率为9.0%;按数量计算,到2031 年,植物生长调节剂市场将达到54.1亿美元,复合年增长率为6.6 2024 年至 2031 年的百分比。 本报告详细分析了五个主要地区的植物生长调节剂市场、当前市场趋势、规模、近期市场发展以及 2031 年的预测。
经过广泛的二次和初步研究以及对市场情景的详细分析,我们提供了关键行业的驱动因素、限制因素、机会和挑战的影响分析。
植物生长调节剂市场的成长是由对永续农业实践的需求不断增长、有机农业的成长和对有机食品的需求不断增长、主要市场参与者的投资增加以及对高价值作物的需求所推动的。透过上升 然而,新市场进入的监管和财务障碍以及农民对植物生长调节剂的认识有限正在限制该市场的成长。
此外,具有农业多样性和广阔耕地的新兴国家预计将为在该市场运营的公司提供成长机会。 另一方面,耗时的产品註册和审批程序是影响市场成长的主要问题。
主要公司
Plant Growth Regulators Market by Type (Cytokinins, Auxins, Gibberellins, Ethylene, Abscisic Acid), Formulation (Wettable Powders, Solutions), Function (Promoters, Inhibitors), Crop Type (Cereals & Grains, Fruits & Vegetables)-Global Forecast to 2031
According to the research report titled 'Plant Growth Regulators Market by Type (Cytokinins, Auxins, Gibberellins, Ethylene, Abscisic Acid), Formulation (Wettable Powders, Solutions), Function (Promoters, Inhibitors), Crop Type (Cereals & Grains, Fruits & Vegetables)-Global Forecast to 2031,' in terms of value, the plant growth regulators market is expected to reach $5.41 billion by 2031, at a CAGR of 9.0% from 2024 to 2031, while in terms of volume, the market is expected to reach 126,145.1 tons by 2031, at a CAGR of 6.6% from 2024 to 2031. The report provides an in-depth analysis of the plant growth regulators market across five major geographies, current market trends, size, and recent developments, and the forecast for 2031.
After extensive secondary and primary research and an in-depth analysis of the market scenario, the report offers an impact analysis of the key industry drivers, restraints, opportunities, and challenges.
The growth of the plant growth regulators market is driven by the increasing need for sustainable agricultural practices, growth in organic farming & the rising demand for organic food, increased investments from leading market players, and the rising demand for high-value crops. However, the regulatory and financial hurdles for new market entrants and farmers' limited awareness about plant growth regulators are restraining the growth of this market.
Moreover, emerging countries with agricultural diversity and extensive arable lands are expected to offer growth opportunities for the players operating in this market. On the other hand, lengthy product registration and approval procedures are a major challenge impacting market growth.
Key Players
The key players operating in the global plant growth regulators market are BASF SE (Germany), Corteva, Inc. (U.S.), Syngenta AG (A Part of China National Chemical Corporation/ChemChina) (Switzerland), FMC Corporation (U.S.), Nufarm Limited (Australia), Bayer AG (Germany), UPL Limited (India), Sumitomo Chemical Co., Ltd. (Japan), Tata Chemicals Ltd. (India), Nippon Soda Co., Ltd. (Japan), Barclay Chemicals Manufacturing Limited (Ireland), Fine Americas Inc. (U.S.), Hangzhou Tianlong Biotechnology Co., Ltd. (China), Sichuan Guoguang Agrochemical Co., Ltd. (China), and Sikko Industries Limited (India).
Based on type, the plant growth regulators market is segmented into cytokinins, auxins, gibberellins, ethylene, abscisic acid, and other types. The cytokinins segment is expected to account for the largest share of the plant growth regulators market in 2024. The segment's large share is mainly attributed to the numerous advantages offered by cytokinins in enhancing and controlling various aspects of plant development and growth, including shoot and root growth, cell division, senescence, apical dominance, biotic stress response, differentiation, and fruit and seed development. The extensive application of cytokinins in mature plants to support growth and aid in the recovery of wounded plant parts contributes to its increased demand.
However, the gibberellins segment is projected to witness the highest growth rate during the forecast period of 2024-2031. This growth is driven by the increasing demand for high-quality crops and the need for improved agricultural practices. Furthermore, farmers' increasing preference for the usage of gibberellins, due to their potential to promote plant development under uncontrollable and unprecedented atmospheric conditions, is expected to boost the gibberellins market growth significantly in the next few years.
Based on formulation, the plant growth regulators market is segmented into water-dispersible & water-soluble granules, solutions, and wettable powders. The water-dispersible & water-soluble granules segment is expected to account for the largest share of the plant growth regulators market in 2024. The segment's large share is mainly attributed to the numerous advantages offered by water-dispersible & water-soluble granules, including ease of handling and mixing, rapid dissolution, minimal dust generation, improved stability, and longer shelf life when compared to certain liquid alternatives.
Based on function, the plant growth regulators market is segmented into plant growth promoters and plant growth inhibitors. The plant growth promoters segment is expected to account for the larger share of the plant growth regulators market in 2024. The segment's large share is mainly attributed to the rising concerns about soil erosion and the growing practice of organic farming across the globe. Plant growth promoters enhance various aspects of plant growth, including cell division, cell enlargement, flowering, nutrient uptake improvement, and seed formation, all of which contribute to improved crop quality and productivity.
Based on crop type, the plant growth regulators market is segmented into cereals & grains, fruits & vegetables, oilseeds & pulses, turf & ornamentals, and other crops. The cereals & grains segment is expected to account for the largest share of the plant growth regulators market in 2024. The segment's large share is mainly attributed to the growing need to increase cereal & grain production, the need to minimize the risk of lodging in cereals & grains, and the rising production of cereals in Asian countries like India and China. These countries have witnessed significant advancements in crop production practices and have access to high-yield cereal varieties. Furthermore, governments worldwide actively support cereals & grains production due to the critical role these crops play in ensuring food security. Government policies and subsidies often promote the use of modern agricultural practices, including the application of plant growth regulators.
However, the fruits & vegetables segment is projected to witness the highest growth rate during the forecast period of 2024-2031. This growth is driven by the increase in fruit and vegetable production globally, the rising demand for chemical-free organic fruits and vegetables, and the increasing application of plant growth regulators in fruit and vegetable crops. Furthermore, plant growth regulators are used in the cultivation of fruits and vegetables to regulate ripening and extend post-harvest shelf life. They extend harvesting periods by delaying the natural ripening process, allowing for more productive harvesting cycles.
Based on geography, in 2024, Europe is expected to account for the largest share of the plant growth regulators market. The large share of this region is attributed to the region's rising population, decreasing arable land, rising need for enhanced crop productivity, advances in farming practices and technology, and increasing government initiatives to boost organic farming.
Plant Growth Regulators Market Assessment-by Type
Plant Growth Regulators Market Assessment-by Formulation
Plant Growth Regulators Market Assessment-by Function
Plant Growth Regulators Market Assessment-by Crop Type
Plant Growth Regulators Market Assessment-by Geography