Market Overview:
The global gibberellic acid market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for gibberellic acid from the agriculture industry and laboratory industry. Gibberellic acid is used as a plant growth regulator in agriculture and as a reagent in laboratories. North America dominates the global gibberellic acid market, followed by Europe, Asia Pacific, Latin America, and Middle East & Africa.
Product Definition:
Gibberellic acid (GA) is a plant hormone that stimulates stem and leaf growth, elongation of stems, and flowering. It is produced naturally in plants, but can also be synthetically made. Gibberellins are a group of hormones that includes GA.
Powder:
Powder is a fine, dry, free-flowing granular material that contains the active ingredient. It can be applied to leaves as a coating or mixed into soil or compost to control growth. Powder has no smell and is not harmful to plants when used according to label directions. It works by binding the plant hormones ( auxins & cytokinins) responsible for growth & development of stems, roots and flowers in plants.
Tablet:
Tablet is a solid dosage form of medicine and it's used in the treatment of various plant diseases. It contains specific amount of gibberellic acid which is very effective to treat plants that are infected with pathogens. Gibberellic acid also helps to increase yield, fruit quality and resistance against diseases & insects.
Application Insights:
The agriculture industry accounted for the largest revenue share of over 70% in 2017. Gibberellic acid is used as a plant growth regulator and to improve soil quality in the agricultural industry. It is applied directly to plants, incorporated into fertilizers or pesticides, or mixed with water and applied directly to the soil surface. The application of gibberellic acid promotes healthy growth of plants by increasing their resistance against cold temperatures, disease pressure, and stress from insects & animals.
Gibberellic acid has wide applications in horticulture as well as floriculture industries due to its benefits such as increased yield production along with improved quality and texture of fruits & vegetables produced on a commercial scale.
Regional Analysis:
North America accounted for the largest revenue share in 2017. The region is expected to maintain its dominance over the forecast period owing to high product demand from various industries, such as agriculture and horticulture. Moreover, rising awareness regarding gardening among people of U.S., Canada, and Mexico is anticipated to fuel gabobellic acid market growth over the next eight years.
Asia Pacific is projected to be one of the fastest-growing regions during the forecast period due to rapid industrialization along with increasing agricultural activities in countries like India and China on account of favorable weather conditions are expected drive industry growth over coming years.
Growth Factors:
- Increasing demand for quality fruits and vegetables from the burgeoning middle-class population in developing countries is expected to drive the growth of gibberellic acid market over the forecast period.
- Rising awareness about the benefits of gibberellic acid among farmers is projected to boost its demand in agriculture sector over the next few years.
- Growing use of gibberellic acid as a plant growth regulator in horticulture and floriculture industry is anticipated to fuel its demand during the forecast period.
- Increasing research and development activities for new applications of gibberellic acid are likely to create new opportunities for this market in near future. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Gibberellic Acid Market Research Report
By Type
Powder, Tablet, Others
By Application
Agriculture Industry, Laboratory Industry, Others
By Companies
Jiangxi Xinruifeng Biochemical, Nufarm, Caisson Laboratories, Inc., Jiangsu Fengyuan Bioengineering, Zhejiang Qianjiang Biochemical, Jiangsu Bailing Agrochem, AgroChina Group, Agro-care Chemical, Adama
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Gibberellic Acid Market Report Segments:
The global Gibberellic Acid market is segmented on the basis of:
Types
Powder, Tablet, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Agriculture Industry, Laboratory Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Jiangxi Xinruifeng Biochemical
- Nufarm
- Caisson Laboratories, Inc.
- Jiangsu Fengyuan Bioengineering
- Zhejiang Qianjiang Biochemical
- Jiangsu Bailing Agrochem
- AgroChina Group
- Agro-care Chemical
- Adama
Highlights of The Gibberellic Acid Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Powder
- Tablet
- Others
- By Application:
- Agriculture Industry
- Laboratory Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Gibberellic Acid Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Gibberellic acid is a natural plant hormone that helps plants grow. Gibberellic acid is found in many plants, including tomatoes, potatoes, and peas.
Some of the key players operating in the gibberellic acid market are Jiangxi Xinruifeng Biochemical, Nufarm, Caisson Laboratories, Inc., Jiangsu Fengyuan Bioengineering, Zhejiang Qianjiang Biochemical, Jiangsu Bailing Agrochem, AgroChina Group, Agro-care Chemical, Adama.
The gibberellic acid market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Gibberellic Acid Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Gibberellic Acid Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Gibberellic Acid Market - Supply Chain
4.5. Global Gibberellic Acid Market Forecast
4.5.1. Gibberellic Acid Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Gibberellic Acid Market Size (000 Units) and Y-o-Y Growth
4.5.3. Gibberellic Acid Market Absolute $ Opportunity
5. Global Gibberellic Acid Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Gibberellic Acid Market Size and Volume Forecast by Type
5.3.1. Powder
5.3.2. Tablet
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Gibberellic Acid Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Gibberellic Acid Market Size and Volume Forecast by Application
6.3.1. Agriculture Industry
6.3.2. Laboratory Industry
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Gibberellic Acid Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Gibberellic Acid Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Gibberellic Acid Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Gibberellic Acid Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Gibberellic Acid Demand Share Forecast, 2019-2026
9. North America Gibberellic Acid Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Gibberellic Acid Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Gibberellic Acid Market Size and Volume Forecast by Application
9.4.1. Agriculture Industry
9.4.2. Laboratory Industry
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Gibberellic Acid Market Size and Volume Forecast by Type
9.7.1. Powder
9.7.2. Tablet
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Gibberellic Acid Demand Share Forecast, 2019-2026
10. Latin America Gibberellic Acid Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Gibberellic Acid Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Gibberellic Acid Market Size and Volume Forecast by Application
10.4.1. Agriculture Industry
10.4.2. Laboratory Industry
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Gibberellic Acid Market Size and Volume Forecast by Type
10.7.1. Powder
10.7.2. Tablet
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Gibberellic Acid Demand Share Forecast, 2019-2026
11. Europe Gibberellic Acid Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Gibberellic Acid Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Gibberellic Acid Market Size and Volume Forecast by Application
11.4.1. Agriculture Industry
11.4.2. Laboratory Industry
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Gibberellic Acid Market Size and Volume Forecast by Type
11.7.1. Powder
11.7.2. Tablet
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
1110.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Gibberellic Acid Demand Share, 2019-2026
12. Asia Pacific Gibberellic Acid Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Gibberellic Acid Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Gibberellic Acid Market Size and Volume Forecast by Application
12.4.1. Agriculture Industry
12.4.2. Laboratory Industry
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Gibberellic Acid Market Size and Volume Forecast by Type
12.7.1. Powder
12.7.2. Tablet
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Gibberellic Acid Demand Share, 2019-2026
13. Middle East & Africa Gibberellic Acid Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Gibberellic Acid Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Gibberellic Acid Market Size and Volume Forecast by Application
13.4.1. Agriculture Industry
13.4.2. Laboratory Industry
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Gibberellic Acid Market Size and Volume Forecast by Type
13.7.1. Powder
13.7.2. Tablet
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Gibberellic Acid Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Gibberellic Acid Market: Market Share Analysis
14.2. Gibberellic Acid Distributors and Customers
14.3. Gibberellic Acid Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Jiangxi Xinruifeng Biochemical
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Nufarm
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Caisson Laboratories, Inc.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Jiangsu Fengyuan Bioengineering
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Zhejiang Qianjiang Biochemical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Jiangsu Bailing Agrochem
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. AgroChina Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Agro-care Chemical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Adama
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
