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[ 英語タイトル ] North America Plant Growth Regulators Market - Growth, Trends, and Forecasts (2020 - 2025)

Product Code : MDAG0089398
Survey : Mordor Intelligence
Publish On : November, 2020
Category : Agriculture and Allied Activities
Study Area : North America
Report format : PDF
Sales price option (consumption tax not included)
Single User USD3750 / Question Form
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Enterprise User USD7000 / Question Form
 - Bayer Crop Science
- ADAMA Agricultural Solutions Ltd
- Corteva Agriscience
- Nufarm Ltd
- syngenta AG
- Nippon Soda Co. Ltd
- Crop Care Ltd
- The DOW Chemical Company
- Sumitomo Chemical Co. Ltd

[Report Description]

The North American plant growth regulators market is estimated to register a CAGR of 8.5% during the forecast period. Among all the growth regulators, cytokinins are widely consumed and account for around 40% of the market share. They are also the fastest-growing segment as they enhance stress tolerance and stimulate protein synthesis. Auxin is the second largest segment. Cereals and oilseeds are the major consumers of plant growth regulators, followed by fruits and vegetables.

The organic food industry, which is witnessing healthy growth rates, due to sustainable farming practices that aid in profitability, is the major driving factor for the increased demand for growth regulators. North America is the second-largest market and is expected to expand, with the increased supply of quality products from the key players.

Key Market Trends

Increasing Demand For Organic Food

The organic food industry, which is registering a healthy growth rate, as well as encouragement from the governments and government organizations on sustainable farming, are the major driving forces for the growth of the plant regulators market. Plant growth regulators are the substances that are produced naturally from the higher plants. The area under organic farming in the United States has increased from 1,769,001 hectares in 2010 to 2,031,318 hectares in 2017. The increasing preference for organic methods of cultivation in the country has further driven the plant growth regulators market. Companies such as Fine Americas, Inc. constantly endeavor not only to improve their product lines but also to spread an understanding and use of the existing products they already have in the marketplace. Furthermore. through continuous research on PGRs, research scholars in universities across the United States help in the ongoing process of keeping the industry updated on the product requirements and latest advancements about the products. The current market trends in the country, wherein the demand for premium quality crops is rapidly rising, however, input costs are being reduced, is likely to continue to propel the growth of development of new PGR products, that help growers achieve the desired marketplace balance in an effective manner. The use of PGRs is quite common in greenhouse crop production. Greenhouse growers use plant growth regulators to control excessive plant growth. The rising adoption of greenhouse cultivation methods, is further expected to augment the growth of plant growth regulators in the US market in the future.

Increase in Crop Profitability

Plant growth regulators are popular across the region, as they aid in increased crop yields and better management of the crop. Therefore, the application of PGRs yielded considerable success in the processes of plant development, such as flowering and fruit development, as well as ripening, harvesting, and post-harvesting of fruits and vegetables. Thus, PGRs are aiding in the increase of crop production, further boosting the crop profitability.

Competitive Landscape

The key players in the market are focusing on new product launches, in order to cater to a wider consumer base and expand market share. Investments in the research and development of cheap and effective products is another strategy adopted by market leaders. the major North American Plant Growth Regulators Companies in the market are Bayer Crop Science, ADAMA Agricultural Solutions Ltd, Corteva Agriscience, Nufarm Ltd, and Syngenta AG.

Reasons to Purchase this report:

- The market estimate (ME) sheet in Excel format
- 3 months of analyst support

1.1 Study Assumptions and Market Definition
1.2 Scope of the Study



4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porters Five Force's Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry

5.1 By Type
5.1.1 Cytokinins
5.1.2 Auxins
5.1.3 Gibberellins
5.1.4 Other Types (Mepiquate Chloride)
5.2 By Application
5.2.1 Crop-based
5.2.2 Non-crop-based
5.3 Geography
5.3.1 North America United States Canada Mexico Rest of North America

6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Bayer Crop Science
6.3.2 ADAMA Agricultural Solutions Ltd
6.3.3 Corteva Agriscience
6.3.4 Nufarm Ltd
6.3.5 syngenta AG
6.3.6 Nippon Soda Co. Ltd
6.3.7 Crop Care Ltd
6.3.8 The DOW Chemical Company
6.3.9 Sumitomo Chemical Co. Ltd




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