Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Plant Growth Regulators Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Forecasted Market Size and CAGR for the Plant Growth Regulators Market?
The Plant Growth Regulators market has been on a significant upward trend in recent years. It is projected to increase in size from $3.23 billion in 2024 to $3.49 billion in 2025, displaying a compound annual growth rate (CAGR) of 8.0%. The historical growth trend in the Plant Growth Regulators market has shown strong growth.
What Is the Forecasted CAGR for the Plant Growth Regulators Market by 2029?
The Plant Growth Regulators market is projected to reach a size of $5.04 billion in the year 2029, growing at a compound annual growth rate (CAGR) of 9.6%.
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What Are the Market Drivers in the Plant Growth Regulators Industry?
The key Drivers in the plant growth regulators market are:
• Rising demand for organic farming practices
• Extensive use of plant growth regulators in enhancing crop quality and yield
• The use of these regulators in stimulating root growth
• The application in improving the size and productivity of specific crops like grapes and strawberries
What Is the Segment-Wise Breakdown of the Plant Growth Regulators Market?
The plant growth regulatorsmarket covered in this report is segmented –
1) By Type: Cytokinins, Auxins, Gibberellins, Ethylene, Other Types
2) By Formulation: Water-Dispersible And Water-Soluble Granules, Wettable Powders, Solutions
3) By Application Type: Fruits And Vegetables, Cereals And Grains, Oil Seeds And Pulses, Turf And Ornaments
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Which Emerging Trends Are Driving Growth in the Plant Growth Regulators Sector?
The key trends in the plant growth regulators market are:
• One emerging trend is the focus on developing innovative products such as combination plant growth regulators.
• The use of multiple types of growth hormones or synthetic compounds together for more effective plant growth and development is becoming increasingly common.
• There is a growing trend among companies to launch products that enhance photosynthesis and improve crop resilience.
• Increased attention is being given to promoting better nutrient distribution and accelerating tuber expansion, ultimately to boost crop quality and yield.
Which Companies Are Dominating the Plant Growth Regulators Market in Terms of Revenue?
The key players in the plant growth regulators market are:
• BASF SE
• Bayer Crop Science
• Corteva Agriscience
• Sumitomo Chemica Co. Ltd
• Syngenta AG
• Valent BioSciences Corporation
• NuFarm Ltd.
• Food Machinery & Chemical Corporation
• ADAMA India Private Limited
• Nippon Soda Co. Ltd.
• Arysta LifeScience Corporation
• Tata Chemicals Limited
• Sichuan Guoguang Agrochemical Co. Ltd
• United Phosphorus Limited
• Redox Industries Ltd
• Xinyi (H.K.) Industrial Co. Ltd.
• WinField Solutions LLC
• Nissan Chemical Corporation
• Sikko Industries Ltd.
• Crop Care Australasia Pty Ltd.
• Biolchim S.p.A.
• Novozymes A/S
• Isagro S.p.A.
• Fine Americas Inc.
• Agro-K Corporation
• Plant Hormones Ltd.
• Albaugh LLC
• Westbridge Agricultural Products
• Loveland Products Inc.
What Are the Regions Driving Demand in the Plant Growth Regulators Market?
Europe was the largest region in the plant growth regulators market in 2024
