Product Code: 23524
The Global Plant Growth Regulators Market, valued at USD 3.38 Billion in 2024, is projected to experience a CAGR of 4.44% to reach USD 4.39 Billion by 2030. Plant growth regulators (PGRs) are organic compounds, either natural or synthetic, that modify plant physiological processes to influence growth, development, and yield. The market's expansion is primarily driven by the increasing global food demand necessitating enhanced crop productivity, coupled with the growing adoption of intensive and sustainable agricultural practices aimed at maximizing yields from finite arable land.
| Market Overview |
| Forecast Period | 2026-2030 |
| Market Size 2024 | USD 3.38 Billion |
| Market Size 2030 | USD 4.39 Billion |
| CAGR 2025-2030 | 4.44% |
| Fastest Growing Segment | Auxins |
| Largest Market | Europe |
Key Market Drivers
The escalating global population necessitates a substantial increase in food production, positioning plant growth regulators (PGRs) as vital tools for enhancing agricultural output. As arable land diminishes and climate change presents cultivation challenges, farmers worldwide are increasingly adopting advanced inputs to maximize yields from existing resources.
Key Market Challenges
Stringent regulatory frameworks governing the approval and use of new plant growth regulator products represent a significant impediment to market expansion. These frameworks often lead to protracted development timelines and increased compliance costs for manufacturers. The extensive testing, data generation, and documentation required to meet diverse national and regional regulations delay the introduction of innovative plant growth regulator solutions to the market. This creates a bottleneck, slowing down the pace at which advanced products become available to farmers seeking to optimize crop yield and quality.
Key Market Trends
The global agricultural sector is increasingly prioritizing environmentally conscious solutions, leading to a significant shift towards bio-based and natural plant growth regulators. This trend is driven by consumer demand for sustainable produce and evolving regulations on synthetic chemicals. Companies are actively expanding their portfolios in this area; for instance, FMC Corporation announced a collaboration with Novonesis in March 2024 to exclusively distribute leading biosolution products in Canada for the 2025 growing season, aiming to develop novel biological technology.
Key Market Players
- BASF SE
- Bayer Crop Science AG
- Corteva Agriscience AB
- Syngenta AG
- Nufarm Limited
- Sumitomo Australia Pty Ltd
- TATA chemicals limited
- Arysta Lifescience Ltd
- FMC Corporation
- UPL Limited
Report Scope:
In this report, the Global Plant Growth Regulators Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Plant Growth Regulators Market, By Type:
- Auxins
- Gibberellins
- Cytokinins
- Absicisic Acid
- Ethylene
Plant Growth Regulators Market, By Crop Type:
- Cereals
- Oilseeds and Pulses
- Fruits and Vegetables
- Turf and Ornamentals
- Others
Plant Growth Regulators Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies presents in the Global Plant Growth Regulators Market.
Available Customizations:
Global Plant Growth Regulators Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Table of Contents
1. Product Overview
- 1.1. Market Definition
- 1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations
2. Research Methodology
- 2.1. Objective of the Study
- 2.2. Baseline Methodology
- 2.3. Key Industry Partners
- 2.4. Major Association and Secondary Sources
- 2.5. Forecasting Methodology
- 2.6. Data Triangulation & Validation
- 2.7. Assumptions and Limitations
3. Executive Summary
- 3.1. Overview of the Market
- 3.2. Overview of Key Market Segmentations
- 3.3. Overview of Key Market Players
- 3.4. Overview of Key Regions/Countries
- 3.5. Overview of Market Drivers, Challenges, Trends
4. Voice of Customer
5. Global Plant Growth Regulators Market Outlook
- 5.1. Market Size & Forecast
- 5.2. Market Share & Forecast
- 5.2.1. By Type (Auxins, Gibberellins, Cytokinins, Absicisic Acid, Ethylene)
- 5.2.2. By Crop Type (Cereals, Oilseeds and Pulses, Fruits and Vegetables, Turf and Ornamentals, Others)
- 5.2.3. By Region
- 5.2.4. By Company (2024)
- 5.3. Market Map
6. North America Plant Growth Regulators Market Outlook
- 6.1. Market Size & Forecast
- 6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.2. By Crop Type
- 6.2.3. By Country
- 6.3. North America: Country Analysis
- 6.3.1. United States Plant Growth Regulators Market Outlook
- 6.3.1.1. Market Size & Forecast
- 6.3.1.2. Market Share & Forecast
- 6.3.1.2.1. By Type
- 6.3.1.2.2. By Crop Type
- 6.3.2. Canada Plant Growth Regulators Market Outlook
- 6.3.2.1. Market Size & Forecast
- 6.3.2.2. Market Share & Forecast
- 6.3.2.2.1. By Type
- 6.3.2.2.2. By Crop Type
- 6.3.3. Mexico Plant Growth Regulators Market Outlook
- 6.3.3.1. Market Size & Forecast
- 6.3.3.2. Market Share & Forecast
- 6.3.3.2.1. By Type
- 6.3.3.2.2. By Crop Type
7. Europe Plant Growth Regulators Market Outlook
- 7.1. Market Size & Forecast
- 7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By Crop Type
- 7.2.3. By Country
- 7.3. Europe: Country Analysis
- 7.3.1. Germany Plant Growth Regulators Market Outlook
- 7.3.1.1. Market Size & Forecast
- 7.3.1.2. Market Share & Forecast
- 7.3.1.2.1. By Type
- 7.3.1.2.2. By Crop Type
- 7.3.2. France Plant Growth Regulators Market Outlook
- 7.3.2.1. Market Size & Forecast
- 7.3.2.2. Market Share & Forecast
- 7.3.2.2.1. By Type
- 7.3.2.2.2. By Crop Type
- 7.3.3. United Kingdom Plant Growth Regulators Market Outlook
- 7.3.3.1. Market Size & Forecast
- 7.3.3.2. Market Share & Forecast
- 7.3.3.2.1. By Type
- 7.3.3.2.2. By Crop Type
- 7.3.4. Italy Plant Growth Regulators Market Outlook
- 7.3.4.1. Market Size & Forecast
- 7.3.4.2. Market Share & Forecast
- 7.3.4.2.1. By Type
- 7.3.4.2.2. By Crop Type
- 7.3.5. Spain Plant Growth Regulators Market Outlook
- 7.3.5.1. Market Size & Forecast
- 7.3.5.2. Market Share & Forecast
- 7.3.5.2.1. By Type
- 7.3.5.2.2. By Crop Type
8. Asia Pacific Plant Growth Regulators Market Outlook
- 8.1. Market Size & Forecast
- 8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Crop Type
- 8.2.3. By Country
- 8.3. Asia Pacific: Country Analysis
- 8.3.1. China Plant Growth Regulators Market Outlook
- 8.3.1.1. Market Size & Forecast
- 8.3.1.2. Market Share & Forecast
- 8.3.1.2.1. By Type
- 8.3.1.2.2. By Crop Type
- 8.3.2. India Plant Growth Regulators Market Outlook
- 8.3.2.1. Market Size & Forecast
- 8.3.2.2. Market Share & Forecast
- 8.3.2.2.1. By Type
- 8.3.2.2.2. By Crop Type
- 8.3.3. Japan Plant Growth Regulators Market Outlook
- 8.3.3.1. Market Size & Forecast
- 8.3.3.2. Market Share & Forecast
- 8.3.3.2.1. By Type
- 8.3.3.2.2. By Crop Type
- 8.3.4. South Korea Plant Growth Regulators Market Outlook
- 8.3.4.1. Market Size & Forecast
- 8.3.4.2. Market Share & Forecast
- 8.3.4.2.1. By Type
- 8.3.4.2.2. By Crop Type
- 8.3.5. Australia Plant Growth Regulators Market Outlook
- 8.3.5.1. Market Size & Forecast
- 8.3.5.2. Market Share & Forecast
- 8.3.5.2.1. By Type
- 8.3.5.2.2. By Crop Type
9. Middle East & Africa Plant Growth Regulators Market Outlook
- 9.1. Market Size & Forecast
- 9.2. Market Share & Forecast
- 9.2.1. By Type
- 9.2.2. By Crop Type
- 9.2.3. By Country
- 9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Plant Growth Regulators Market Outlook
- 9.3.1.1. Market Size & Forecast
- 9.3.1.2. Market Share & Forecast
- 9.3.1.2.1. By Type
- 9.3.1.2.2. By Crop Type
- 9.3.2. UAE Plant Growth Regulators Market Outlook
- 9.3.2.1. Market Size & Forecast
- 9.3.2.2. Market Share & Forecast
- 9.3.2.2.1. By Type
- 9.3.2.2.2. By Crop Type
- 9.3.3. South Africa Plant Growth Regulators Market Outlook
- 9.3.3.1. Market Size & Forecast
- 9.3.3.2. Market Share & Forecast
- 9.3.3.2.1. By Type
- 9.3.3.2.2. By Crop Type
10. South America Plant Growth Regulators Market Outlook
- 10.1. Market Size & Forecast
- 10.2. Market Share & Forecast
- 10.2.1. By Type
- 10.2.2. By Crop Type
- 10.2.3. By Country
- 10.3. South America: Country Analysis
- 10.3.1. Brazil Plant Growth Regulators Market Outlook
- 10.3.1.1. Market Size & Forecast
- 10.3.1.2. Market Share & Forecast
- 10.3.1.2.1. By Type
- 10.3.1.2.2. By Crop Type
- 10.3.2. Colombia Plant Growth Regulators Market Outlook
- 10.3.2.1. Market Size & Forecast
- 10.3.2.2. Market Share & Forecast
- 10.3.2.2.1. By Type
- 10.3.2.2.2. By Crop Type
- 10.3.3. Argentina Plant Growth Regulators Market Outlook
- 10.3.3.1. Market Size & Forecast
- 10.3.3.2. Market Share & Forecast
- 10.3.3.2.1. By Type
- 10.3.3.2.2. By Crop Type
11. Market Dynamics
- 11.1. Drivers
- 11.2. Challenges
12. Market Trends & Developments
- 12.1. Merger & Acquisition (If Any)
- 12.2. Product Launches (If Any)
- 12.3. Recent Developments
13. Global Plant Growth Regulators Market: SWOT Analysis
14. Porter's Five Forces Analysis
- 14.1. Competition in the Industry
- 14.2. Potential of New Entrants
- 14.3. Power of Suppliers
- 14.4. Power of Customers
- 14.5. Threat of Substitute Products
15. Competitive Landscape
- 15.1. BASF SE
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
- 15.2. Bayer Crop Science AG
- 15.3. Corteva Agriscience AB
- 15.4. Syngenta AG
- 15.5. Nufarm Limited
- 15.6. Sumitomo Australia Pty Ltd
- 15.7. TATA chemicals limited
- 15.8. Arysta Lifescience Ltd
- 15.9. FMC Corporation
- 15.10. UPL Limited
16. Strategic Recommendations
17. About Us & Disclaimer