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Plant Growth Regulators Market by Type, Crop Type, Formulation, Function And Region - Global Forecast to 2022

Plant Growth Regulators Market: Global Forecast until 2022

  • December 2017
  • 156 pages
  • ID: 3458907
In this report:
The application of plant growth regulators in the cereals & grains segment recorded a volume of ##.## KT in 2016 and is expected to reach ##.## KT by 2022, growing at a CAGR of ##.##% during the forecast period.
The fruits & vegetables segment is expected to grow at the highest CAGR of ##.##% during the forecast period to reach ##.## KT by 2022.

Summary

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The plant increase regulators market is estimated to rise at a compound annual growth rate of 6.80 percent

The plant increase regulators market is projected to be valued at 2.11 billion in 2017, and forecasted to grow at a compound annual growth rate (CAGR) of 6.80 percent, to attain ~$2.9B by 2022. The sector is influenced by Elements such as rise in crop production, ease of application, rise in need for food security for the growing population, and increase in consumer demand for organic foods. The change in farming practices, clubbed with advanced technologies and promotion by the governments of many countries across the globe also drives the market demand for plant increase regulators in the agricultural market. Nevertheless, the long approval period for new product is restraining the rise of the plant increase regulators market

Plant Growth Promoters segment, by function, led the plant increase regulators market with the biggest share in 2016

Established on function, the plant increase promoters segment recorded for the biggest share of the market in 2016. These substances are obtained either synthetically or biologically of which biological plant increase promoters are more effective and safe. Plant increase promoters are used for improving the quality and productivity of crops

Cereals & grains segment, by crop type, recorded for the biggest share of the plant increase regulators market in 2016

Established on crop type, the cereals & grains segment recorded for the biggest market share during the estimate period. Plant increase regulators work on cereals & grains in a way that they shorten the height and straw length of the plant. PGRs are widely used on cereals including wheat, barley, oats, rye, and triticale. Cereals form the main segment of the plant increase regulators market as corn, wheat, and rice are grown abundantly in distinct countries across the Asia Pacific area. The increasing demand for wheat, rice, and corn in the Asia Pacific area has contributed to the increase of the plant increase regulators market here.

Europe (EU) controled the industry with the biggest share, RoW is intended to be the quickest-increasing area in the sector

EU formed the biggest market for plant increase regulators in 2016, because the RoW area is forecasted to be the quickest developing market during the outlook period. Due to the decreasing agricultural land in the european area, the industry demand for plant increase regulators in Europe (EU) is the biggest.

The growing in investment in agricultural activities in developing countries including Brazil, Argentina (AR), and Chile (CL), provides to the increasing demand for plant increase regulators in the RoW area, thereby marking the region the quickest-increasing market in this domain.

The overall plant increase regulators market is broken down region-wise, with An in-depth study of each area by studying top sectors. These areas contain North America (NA), EU, Asia-Pac, and the Rest of the globe.

Break-up of Primaries:

• By Company category: Tier 1 - 35 %, Tier 2 - 45.0 percent, and Tier 3 - 20.0 percent

• By Description: D-suite - 25.0 percent, C-suite - 35.0 percent, and Others* - 40.0 percent

• By Area: North America continent - 20.0 percent, Europe (EU) - 25.0 percent, Asia Pacific (APAC) - 40.0 percent, and rest of the world - 15.0 percent

*Others contain sales manager, marketing managers, and product managers.

Segment Research

The document breaks down the plant increase regulators market based on type, crop type, formulation, function, and area. In terms of insights, this market research has emphasized different levels of analyses-competitive landscape, end-use review, and organization profiles-which together comprise and discuss the basic overviews on the emerging & high-growth segments of the plant increase regulators market, high-growth areas, territories, government actions, drivers, market restraints, alternatives, and opportunities.

Why acquiring this study can help you:

• To get a comprehensive overview of the plant increase regulators market

• To benefit wide-ranging information about the top actors in this market, their products review, and top strategies approved by them

• To benefit business insights about the main countries/localities in which plant increase regulators are flourishing

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