Plant Growth Regulators Market .pdf
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Plant Growth Regulators Market statistics and research
analysis released in latest report: Global Market Insights
Statistics of Plant Growth Regulators Market covering market size, industry share
numbers, regional outlook, competitive landscape with data about leading companies
is now available in the latest report by Global Market Insights, Inc.
Plant Growth Regulators Market size is anticipated to observe a surge in demand due
to its efficient functioning as a messenger for intercellular communication. They are
used to regulate development of crops and plays vital role in ensuring agricultural
productivity. They do not cause any harm to humans as they are used in accordance
with good agricultural activities. This technology is viewed as a business opportunity
to enhance product quality and associated safety purposes.
Rise in agriculture investments will drive plant growth regulators market size. The
technology is used to understand crop development and productivity. It has several
advantages over fertilizers that include increased yield, simple application and
reduced labor cost. The procedure is easy and cost effective for boosting crop output
under farmer’s field condition. Technology helps farmers by making work easier and
Increasing consumer awareness towards health and fitness has accelerated demand
for fruits and vegetables. Technology helps to reduce fruit drop, crop stress protection
and root formation. This in turn will uplift plant growth regulators market size over the
Horticulture industry is growing at a very fast pace. This branch of agricultural deals
with science, technology and business of growing crops. Increasing demand for
medicated crops, seeds, sprouts, mushroom and flowers has fueled horticulture
industry and has positively influenced plant growth regulators market.
Trend for gardens and farming in houses has tremendously increased in past few
years and is further anticipating upsurge in the forecast time period. People are highly
developing gardens with various varieties of plants and trees for gardening purpose
and decorations. With growing interest of people towards gardening and decorative
farming, plant growth regulators market will even witness surge.
Misuse of the technology can lead to excessively fast crop development that could
result into ripening on the fruit surface with core remaining raw and will degrade quality
of fruits and vegetables. Its disadvantages to crops comprising of erratic crop
response, increased weed pressure and permanent exploitation of crop development
may hinder demand of plant growth regulators market.
Plant regulator growth market is segmented on the basis of product into ethylene,
gibberellins, auxins, cytokinins and abscisic acid. End user of these goods majorly
includes agriculture industry. On the basis of application into pulses, crops, grains,
fruits and vegetables.
Asia Pacific, led by India will witness substantial upsurge in plant growth regulators
market in next five years. Agriculture plays an important role in the development of
Indian economy. Over 50 % of the rural households depends on agriculture. The
technology is used in crops for productivity and longevity in the agricultural fields.
Several government initiatives comprising of establishment of National Bank for
Agriculture and Rural Development (NABRAD) and Niti Ayog will drive the industry.
The sector is further expecting growth that will positively affect industry demand.
Kenya is the fastest growing economy for horticulture. It is ranked 3rd in terms of
foreign exchange earnings from exports. Cut flowers production, fruits and vegetables
are main aspects for progress of horticulture industry in the country. Regulatory
framework in the country that includes horticulture crop development authority is
encouraging development in the country is positively influencing demand in Africa for
plant growth regulators market.
United Kingdom will witness surge in plant growth regulators market in forecast period.
The country consists of maximum number houses with large and well maintained
garden. It has number of castles, palaces and manor homes. Technology is
extensively used in gardens for plantations of high quality flowers and decoration.
Growing interest of people towards gardening in the country will boost plant growth
regulators market size over the forecasted period.
Prominent players in plant growth regulators market are Orbit Chemical Industries,
Dow Chemical Company, Redox Industries limited, Anyang, Agroenzymas, Atlas
Agrobi, Privat Company Arsis, Blue Green Group Company Limited, Olimpum and
Shanghai Mingdou Chemical. East Africa based Catalyst Principle Partners has
announced its investment in Orbit Chemical Industries, aiming to increase its existing
manufacturing line and product range. It was support strong development of existing
as well as new customers across Africa and beyond. The investment will lead to high
quality product, low manufacturing cost and higher standard of compliance. It is an
ambitious plan for strong development and regional expansion for future progress and
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