Plant Hormones Market - Global Industry Size, Share, Trends, Opportunity, & Forecast, Segmented By Type, By Formulation, By Function, By Application, By Region & Competition, 2021-2031F

Description

The Global Plant Hormones Market is projected to expand from USD 3.27 Billion in 2025 to USD 5.54 Billion by 2031, registering a CAGR of 9.18%. Also known as plant growth regulators, these chemical substances control vital physiological functions in crops, such as cell division, root establishment, and fruit ripening. The market is chiefly driven by the critical need to optimize agricultural yields on shrinking arable land to support a growing population, coupled with rising demand for precision agriculture inputs. Manufacturers in this sector are deeply committed to innovation; for instance, the European Biostimulants Industry Council noted in 2024 that companies reinvested between 3% and 10% of their annual turnover into research and development to enhance product performance.

Market Overview
Forecast Period	2027-2031
Market Size 2025	USD 3.27 Billion
Market Size 2031	USD 5.54 Billion
CAGR 2026-2031	9.18%
Fastest Growing Segment	Auxins
Largest Market	North America

Conversely, the industry faces substantial challenges due to a complex and fragmented global regulatory environment. The absence of unified standards frequently leads to inconsistent product classification, where the same formulation may be categorized differently across various jurisdictions, resulting in significant compliance burdens and delayed market entry. This regulatory inconsistency acts as a major barrier to the rapid international rollout of innovative plant hormone solutions.

Market Driver

Rising global demand for food security requires the widespread use of plant hormones to maximize crop production on finite arable land. As climate fluctuations disrupt traditional growing seasons, commercial cultivators are increasingly turning to growth regulators to synchronize crop maturity, boost stress resilience, and ensure consistent harvest volumes. The Food and Agriculture Organization reported in its July 2024 'Cereal Supply and Demand Brief' that the global cereal production forecast for 2024 was increased to 2,854 million tonnes, highlighting the urgent need for greater yields per unit of land. To achieve these volumes, integrating physiological aids is crucial for commodity crops; the United States Department of Agriculture projected in 2024 that global wheat consumption would reach 804 million tons, emphasizing the vital role of yield-enhancing inputs in balancing supply and demand.

The growth of the organic farming sector is heavily influencing product development and regulatory approaches within the plant hormone market. This trend forces manufacturers to create biological growth regulators that meet strict organic certification requirements while offering efficacy similar to synthetic options. According to the Research Institute of Organic Agriculture's 'The World of Organic Agriculture' report in February 2024, global organic farmland grew to 96 million hectares, indicating a structural change in input needs. This shift is fueling the commercialization of auxin and cytokinin formulations derived from natural sources, such as seaweed extracts, to serve high-value horticultural markets that require residue-free farming practices.

Market Challenge

The intricate and fragmented regulatory framework governing plant growth regulators remains a major obstacle to the growth of the Global Plant Hormones Market. Manufacturers face varying compliance standards across different countries, often necessitating separate and expensive registration procedures for the same formulation in each jurisdiction. This lack of harmonization forces companies to divert significant financial and technical resources toward satisfying diverse legal obligations instead of prioritizing market expansion or product innovation. As a result, the commercial launch of new solutions is considerably delayed, slowing the pace at which advanced agricultural technologies become available to growers.

The consequences of these regulatory barriers are measurable in both time and financial costs, directly impeding market growth. Data from CropLife International in 2024 indicates that the average time required to bring a new crop protection product to market has increased to 12.3 years, with total development costs exceeding $301 million. These prolonged timelines and high costs deter companies from entering emerging markets that possess strict yet unique regulatory systems, thereby restricting the global reach and revenue potential of innovative plant hormone solutions.

Market Trends

The combination of hormone application with precision agriculture and drone spraying technologies is improving the efficiency of chemical delivery. This trend solves the problem of achieving uniform coverage of plant growth regulators on uneven terrain, where manual spraying often proves ineffective. Drones allow for the application of hormones at critical growth stages to optimize crop response. For example, DJI Agriculture's 'Agriculture Drone Industry Insight Report 2023/2024', released in July 2024, noted that the precise application of ripening promoters via drones on South African sugarcane farms boosted final sugar yields by up to 1.78 tons per hectare, driving the global adoption of aerial application services.

There is a growing trend toward using plant hormones for post-harvest shelf-life extension, driven by mandates to reduce food waste. Manufacturers are increasingly utilizing ethylene inhibitors to preserve produce quality during transit, linking hormonal inputs to broader downstream sustainability objectives. This approach prioritizes carbon footprint reduction alongside yield volume. According to AgroFresh's '2024 ESG Report' from January 2025, the implementation of their SmartFresh technology resulted in an annual reduction of 800,000 metric tons of CO2 emissions by preventing produce spoilage, validating the strategic value of post-harvest treatments in modern agricultural supply chains.

Key Market Players

BASF SE
Syngenta AG
The Dow Chemical Company
Nufarm Australia Ltd.
FMC Corporation
Bayer CropScience AG
Adama Agriculture Solutions Ltd.
Tata Chemicals Ltd.
Valent BioScience Corporation
Shanghai Xinyi Industry Co. Ltd

Report Scope

In this report, the Global Plant Hormones Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Plant Hormones Market, By Type

Auxins
Cytokinin
Ethylene
Gibberellins
Other

Plant Hormones Market, By Formulation

Solution
Granules
Wet Powders
Others

Plant Hormones Market, By Function

Growth Promoters
Growth Inhibitors

Plant Hormones Market, By Application

Fruits & Vegetables
Cereals & Pulses
Oilseeds & Grains
Other

Plant Hormones 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 present in the Global Plant Hormones Market.

Available Customizations:

Global Plant Hormones 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 Hormones Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Type (Auxins, Cytokinin, Ethylene, Gibberellins, Other)
- 5.2.2. By Formulation (Solution, Granules, Wet Powders, Others)
- 5.2.3. By Function (Growth Promoters, Growth Inhibitors)
- 5.2.4. By Application (Fruits & Vegetables, Cereals & Pulses, Oilseeds & Grains, Other)
- 5.2.5. By Region
- 5.2.6. By Company (2025)
5.3. Market Map

6. North America Plant Hormones 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 Formulation
- 6.2.3. By Function
- 6.2.4. By Application
- 6.2.5. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Plant Hormones 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 Formulation
    - 6.3.1.2.3. By Function
    - 6.3.1.2.4. By Application
- 6.3.2. Canada Plant Hormones 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 Formulation
    - 6.3.2.2.3. By Function
    - 6.3.2.2.4. By Application
- 6.3.3. Mexico Plant Hormones 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 Formulation
    - 6.3.3.2.3. By Function
    - 6.3.3.2.4. By Application

7. Europe Plant Hormones 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 Formulation
- 7.2.3. By Function
- 7.2.4. By Application
- 7.2.5. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Plant Hormones 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 Formulation
    - 7.3.1.2.3. By Function
    - 7.3.1.2.4. By Application
- 7.3.2. France Plant Hormones 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 Formulation
    - 7.3.2.2.3. By Function
    - 7.3.2.2.4. By Application
- 7.3.3. United Kingdom Plant Hormones 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 Formulation
    - 7.3.3.2.3. By Function
    - 7.3.3.2.4. By Application
- 7.3.4. Italy Plant Hormones 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 Formulation
    - 7.3.4.2.3. By Function
    - 7.3.4.2.4. By Application
- 7.3.5. Spain Plant Hormones 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 Formulation
    - 7.3.5.2.3. By Function
    - 7.3.5.2.4. By Application

8. Asia Pacific Plant Hormones 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 Formulation
- 8.2.3. By Function
- 8.2.4. By Application
- 8.2.5. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Plant Hormones 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 Formulation
    - 8.3.1.2.3. By Function
    - 8.3.1.2.4. By Application
- 8.3.2. India Plant Hormones 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 Formulation
    - 8.3.2.2.3. By Function
    - 8.3.2.2.4. By Application
- 8.3.3. Japan Plant Hormones 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 Formulation
    - 8.3.3.2.3. By Function
    - 8.3.3.2.4. By Application
- 8.3.4. South Korea Plant Hormones 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 Formulation
    - 8.3.4.2.3. By Function
    - 8.3.4.2.4. By Application
- 8.3.5. Australia Plant Hormones 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 Formulation
    - 8.3.5.2.3. By Function
    - 8.3.5.2.4. By Application

9. Middle East & Africa Plant Hormones 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 Formulation
- 9.2.3. By Function
- 9.2.4. By Application
- 9.2.5. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Plant Hormones 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 Formulation
    - 9.3.1.2.3. By Function
    - 9.3.1.2.4. By Application
- 9.3.2. UAE Plant Hormones 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 Formulation
    - 9.3.2.2.3. By Function
    - 9.3.2.2.4. By Application
- 9.3.3. South Africa Plant Hormones 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 Formulation
    - 9.3.3.2.3. By Function
    - 9.3.3.2.4. By Application

10. South America Plant Hormones 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 Formulation
- 10.2.3. By Function
- 10.2.4. By Application
- 10.2.5. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Plant Hormones 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 Formulation
    - 10.3.1.2.3. By Function
    - 10.3.1.2.4. By Application
- 10.3.2. Colombia Plant Hormones 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 Formulation
    - 10.3.2.2.3. By Function
    - 10.3.2.2.4. By Application
- 10.3.3. Argentina Plant Hormones 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 Formulation
    - 10.3.3.2.3. By Function
    - 10.3.3.2.4. By Application

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 Hormones 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. Syngenta AG
15.3. The Dow Chemical Company
15.4. Nufarm Australia Ltd.
15.5. FMC Corporation
15.6. Bayer CropScience AG
15.7. Adama Agriculture Solutions Ltd.
15.8. Tata Chemicals Ltd.
15.9. Valent BioScience Corporation
15.10. Shanghai Xinyi Industry Co. Ltd