Crop growth regulators are agrochemicals that influence the development of plants which are required at very low concentrations. There are natural regulators, which are produced by the plant itself, and also synthetic regulators; those found naturally in plants are called phytohormones or plant hormones.
Market Analysis and Insights: Global Crop Growth Regulators Market
Due to the COVID-19 pandemic, the global Crop Growth Regulators market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Wettable Powders accounting for % of the Crop Growth Regulators global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Fruits & Vegetables segment is altered to an % CAGR throughout this forecast period.
Globally, the quality of soil is declining due to various reasons such as overgrazing, agricultural activities, deforestation, overexploitation of land to produce fuel wood, and industrialization. Crop growth regulators influence the growth and differentiation of plant cells, tissues, and organs. They promote the fast growth of plants, no matter if they are fruits & vegetables, cereals & grains, or oilseeds & pulses, which indirectly helps in meeting the rising consumer demand for various types of food products. Hence, this one critical factor helps drive the demand for crop growth regulators.
Global Crop Growth Regulators Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Crop Growth Regulators Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Wettable Powders
Solutions
Segment by Application
Fruits & Vegetables
Cereals & Grains
Oilseeds & Pulses
Turf & Ornamentals
Others
By Company
BASF
Dow
FMC
Land O'Lakes
Bayer
Syngenta
Nufarm
Sumitomo Chemicals
Valent Biosciences
Tata Chemicals
Adama Agricultural
Nippon Soda
Arysta Lifescience
Xinyi Industry
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina