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Plant Growth Regulators Market to gain remarkable traction from cereals & grains application segment

Author : Ronak Bora | Published Date : 2019-08-08 

Plant growth regulators market in the cereals & grains application segment will create a significant product demand over the next few years. Cereals and grains are major part of the human diet from thousand years. According to the world bank reports cereals production in 2000 was 2.053 billion metric tons and reached 2.849 billion metric tons in 2015. This exponential production and growth in cereals production is likely to boost the product demand in near future. Oil seeds and pulses shall create a major chunk of PGR market over the forecast period, due to rising demand for oil seeds and pulses in nations including India, China, Taiwan, Thailand and Indonesia.

More precisely, they have been trying to enhance the food security and sustainably nourish the global populace by encouraging people to use advanced technologies and appropriate plant growers for cultivating crops. In addition, several companies contributing to the plant growth regulators industry have been partnering with farmers to educate them about the use of mechanization and better seeds for fulfilling future food needs.

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The increasing awareness among the farmers about the benefits and use of plant health boosters is likely to propel the plant growth regulators market share. With the advent of new agricultural practices, farmers have been trying to reduce the risk associated with the shortage of food across the globe. Genetically modified plants are also one of the inventions of researchers that are witnessing a positive impact on the food security and food safety initiatives implemented by the various regional governments. In fact, the researchers have been putting their efforts to increase the quantity of produce developed from existing farmlands.

Cargill is one of the leading contributors of plant growth regulators market that has been supporting farmers across the globe to adapt to the changing climatic conditions by investing in innovations and providing training to the farmers. In addition, it also has been collaborating with multilateral organizations, governments, and civil society groups to encourage farmers to use plant growers that will build resilience across the global food system.

Asia Pacific PGR market shall expand with highest CAGR over the forecast period. This can be attributed to the countries in Asia Pacific spending more than before on agriculture sector, which is due to growing food demand across the region. For instance, the Agricultural Development Bank of China sanctioned a loan of nearly USD 450 billion for the betterment and improvement of Chinese Agriculture industry by 2020. As a result, the farmers in the nation are willing to adopt crop production chemicals such as plant growth regulators to enhance the overall output of major farm products such as grains, cotton, tobacco, fruits, etc. in China.

Many giant players are working in the PGR market. Some prominent players include Syngenta AG, BASF SE, DowDuPont, Nippon Soda Co., Bayer AG, Nufarm Limited, Ltd., Tata Chemicals Ltd, Valent Biosciences LLC, Adama Agricultural Solutions Ltd and Arysta Lifescince. Vendors operating in the plant growth regulators market are engaged in mergers & acquisitions for grabbing larger chunk of customer base. For instance, in June 2018, Bayer completed the acquisition of Monsanto shares in the U.S. This acquisition will increase Bayer's product and customer base in agriculture market in the country.

Glimpse of Table of Content (ToC)

Chapter 4.  Plant Growth Regulators Market, Product By Application

4.1.  Plant growth regulators market product insights

4.2.  Cytokinins

4.2.1.   Global cytokinins plant growth regulators market estimates and forecast, 2014 - 2025

4.2.2.   Global cytokinins plant growth regulators market estimates and forecast by application, 2014 - 2025

·    Fruits & vegetables

·    Cereals & grains

·    Oil seeds & pulses

·    Turf & ornaments

4.2.3.   Global cytokinins plant growth regulators market estimates and forecast by region, 2014 - 2025

4.3.  Auxins

4.3.1.   Global auxins plant growth regulators market estimates and forecast, 2014 - 2025

4.3.2.   Global auxins plant growth regulators market estimates and forecast by application, 2014 - 2025

·    Fruits & vegetables

·    Cereals & grains

·    Oil seeds & pulses

·    Turf & ornaments

4.3.3.   Global auxins plant growth regulators market estimates and forecast by region, 2014 - 2025

4.4.  Gibberlins

4.4.1.   Global gibberlins plant growth regulators market estimates and forecast, 2014 - 2025

4.4.2.   Global gibberlins plant growth regulators market estimates and forecast by application, 2014 - 2025

·    Fruits & vegetables

·    Cereals & grains

·    Oil seeds & pulses

·    Turf & ornaments

4.4.3.   Global gibberlins plant growth regulators market estimates and forecast by region, 2014 - 2025

4.5.  Ethylene

4.5.1.   Global ethylene plant growth regulators market estimates and forecast, 2014 - 2025

4.5.2.   Global ethylene plant growth regulators market estimates and forecast by application, 2014 - 2025

·    Fruits & vegetables

·    Cereals & grains

·    Oil seeds & pulses

·    Turf & ornaments

4.5.3.   Global ethylene plant growth regulators market estimates and forecast by region, 2014 - 2025

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/plant-growth-regulators-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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