Plant Growth Regulators Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type, By Crop Type, By Region and Competition, 2020-2030F

Description

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:

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
- 5.1.1. By Value
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
- 6.1.1. By Value
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
    - 6.3.1.1.1. By Value
  - 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
    - 6.3.2.1.1. By Value
  - 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
    - 6.3.3.1.1. By Value
  - 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
- 7.1.1. By Value
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
    - 7.3.1.1.1. By Value
  - 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
    - 7.3.2.1.1. By Value
  - 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
    - 7.3.3.1.1. By Value
  - 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
    - 7.3.4.1.1. By Value
  - 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
    - 7.3.5.1.1. By Value
  - 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
- 8.1.1. By Value
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
    - 8.3.1.1.1. By Value
  - 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
    - 8.3.2.1.1. By Value
  - 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
    - 8.3.3.1.1. By Value
  - 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
    - 8.3.4.1.1. By Value
  - 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
    - 8.3.5.1.1. By Value
  - 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
- 9.1.1. By Value
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
    - 9.3.1.1.1. By Value
  - 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
    - 9.3.2.1.1. By Value
  - 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
    - 9.3.3.1.1. By Value
  - 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
- 10.1.1. By Value
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
    - 10.3.1.1.1. By Value
  - 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
    - 10.3.2.1.1. By Value
  - 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
    - 10.3.3.1.1. By Value
  - 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