Global Plant Activators Market Report 2023: Sector to Reach $1.28 Billion by 2030 at a 6.9% CAGR

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Jun 01, 2023, 11:15 ET

DUBLIN, June 1, 2023 /PRNewswire/ -- The "Global Plant Activators market size, Trends, and Growth Opportunity, By Source, By Crop Type, By Form, By Mode of Application, By Distribution Channel, By Region and forecast till 2030" report has been added to ResearchAndMarkets.com's offering.

Global Plant Activators Market was valued at USD 754.71 Million in 2022 and is slated to reach USD 1,287.08 Million by 2030 at a CAGR of 6.90% from 2023-2030.

Market Drivers

Plant activators are increasingly being driven by the market's expanding demand for crop and protection products. The market is driven by factors like increasing population, shrinking arable land, and deteriorating soil quality. As pest and disease outbreaks spread and crop yields decline, plant activators are expected to increase long-term agricultural productivity and restore the oil balance.

Governments everywhere are focusing on expanding their agriculture sectors. Government rules, such as the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) of the Indian government, will also help to boost the agricultural sector. This will free up the farmers' time to focus on their farms. The market for plant activators will also develop alongside the agricultural industry.

Market Restraints

Products containing plant activators are still quite hard to come by due to the varying laws and regulations in each nation. Moreover, chemicals are heavily utilized in developed regions. Thus, high manufacturing and R&D costs as well as the lower levels of awareness in emerging regions are all limiting the market's growth.

Recent Developments

Fenamidone and Pencycuron are two novel active compounds that Gowan Crop Protection Limited, a subsidiary of Gowan Company, LLC, purchased in 2020. Consent, Reason, Monceren, Prestige, as well as other relevant intellectual property and labels for both fungicides, were acquired along with product registrations and trademarks.

Regional Analysis

Global Plant Activators Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. The market is currently dominated by Europe, and this trend of dominance will thrive during the projection period. The region's supremacy is largely due to the region's abundant access to arable land and increased agricultural production. Asia-Pacific will experience the highest growth rate throughout the projection period as a result of rising demand for plant activators and investments made by numerous multinational corporations to strengthen the agriculture sector.

Market Taxonomy
By Source

Biological
Chemical

By Crop Type

Fruits and Vegetables
Berries
Citrus Fruits
Pome Frits
Root and Tuber vegetables
Leafy vegetable
Other fruits and vegetable
Cereals and Grains
Wheat
Rice
Corn
Others
Oilseeds and Pulses
Cotton seeds
Soybean
Sunflower and Rapeseed
Others
Turf and Ornamentals

By Form

Solutions
Water-Dispersible and Water-Soluble Granules
Wettable Powders

By Mode of Application

Foliar Spray
Soil Treatment
Other Modes of Application
Seed treatment
Trunk injection
Soil drenching

By Distribution Channel

Online
Offline

By Region
North America

U.S
Canada
Mexico

Latin America

Brazil
Argentina
Colombia
Peru
Chile
Venezuela
Rest of Latin America

Europe

Germany
France
UK
Russia
Italy
Spain
Rest of Europe

Asia Pacific

China
Japan
India
South Korea
Australia
New Zealand
Singapore
Malaysia
Rest of Asia Pacific

Middle East & Africa

Saudi Arabia
UAE
Egypt
Kuwait
South Africa
Rest Middle East & Africa

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Global Plant Activators market Outlook

5 Global Plant Activators market, By Source

6 Global Plant Activators market, By Crop Type

7 Global Plant Activators market, By Form

8 Global Plant Activators market, By Mode of Application

9 Global Plant Activators market, By Distribution Channel

10 Global Plant Activators market, By Region

11 North America Plant Activators Market Analysis and Forecast (2023-2030)

12 Europe Plant Activators Market Analysis and Forecast (2023-2030)

13 Asia Pacific Plant Activators Market Analysis and Forecast (2023-2030)

14 Latin America Plant Activators Market Analysis and Forecast (2023-2030)

15 Middle East Plant Activators Market Analysis and Forecast (2023-2030)

16 Competitive Analysis

17 Company Profiles

Companies Mentioned

Syngenta Crop Protection AG (Switzerland)
BASF SE(Germany)
Plant Health Care plc (U.S.)
ArystaLifeScienceCorporation(U.S.)
NIHON NOHYAKU CO. Ltd (Japan)
Certis USA L.L.C. (U.S.)
Gowan Company (U.S.)
Futureco Bioscience (Spain)
NutriAgGroup Ltd. (Canada)
Eagle Plant Protect Private Limited. (India).

For more information about this report visit https://www.researchandmarkets.com/r/khfqgi

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