Market Overview:
The global plant hormone market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for food due to the growing population, and the need for better yield and quality from crops. The application segments of cereals & grains, fruits, vegetables, and others are expected to grow at a CAGR of 7%, 6%, 5%, and 7%, respectively, during the forecast period. North America is expected to dominate the global plant hormone market in terms of revenue share followed by Europe during the forecast period.
Product Definition:
A hormone is a chemical messenger that travels between cells in the body. Plant hormones are chemicals that regulate plant growth and development. They are produced in small amounts inside plants, and they work by signaling cells to change their activities.
Abscisic acid:
Abscisic acid is a plant hormone that plays an important role in the regulation of stomatal opening and closing. It also controls the size of leaves, delay of fruit setting and growth rate through its interaction with auxin transport & perception mechanism. Auxins are hormones that play an important role in controlling cell proliferation & differentiation as well as regulate vascular system development during seed germination.
Auxins:
Auxins are plant hormones that regulate various aspects of cell growth and differentiation. Auxins have a profound effect on the architecture and physiology of plants. They can be used as biological controls to enhance or suppress certain plant characteristics, such as size, shape, yield rate & quality, etc. Auxins also affect the behavior of microorganisms in association with antibiotics production by microorganisms against pathogens or competitors (bacterial auxin resistance).
Application Insights:
The others segment includes fibers, oilseeds and pulses, and other crops. Other crops include sugarcane, cotton, soybean, maize (corn), sunflower seed etc. The demand for these crops is majorly driven by the food & beverage industry on account of their high content of essential amino acids required by humans. Cereals & grains are expected to be the largest application segment over the forecast period owing to its wide range of applications in food manufacturing including bakery products and breakfast cereals.
Fruits held a significant share in 2017 as they are one of the highest consumed foods around world with various benefits attached to them such as improving human health through providing essential nutrients like vitamins C & K; fiber; folate; calcium pantothenate along with several others that help maintain heart health cholesterol levels etc.
Regional Analysis:
The Asia Pacific region is expected to witness the highest growth over the forecast period owing to rising demand for fruits and vegetables, cereals and grains, oil seeds, tea plants, coffee trees as well as other non-wood forest products. The increasing population in this region has led to an increase in food consumption which has encouraged various governments of developing countries including India China Japan Australia New Zealand Singapore Thailand Philippines Indonesia Malaysia Vietnam Brazil Russia South Africa Nigeria Colombia Pakistan Ethiopia Bangladesh To adopt a high-productivity agriculture system. This will lead to increased demand for plant hormones across the globe.
North America was estimated as one of the largest regional markets with a share of more than 20% in 2017 due to its developed agricultural sector that uses modern techniques such as hybridization genetic modification (GM) along with good farming practices for producing crops efficiently. Moreover North America is also one of the major importers of these products owing farm sizes small & large scale production methods availability land ownership factors etc.).
Growth Factors:
- Increasing demand for quality and nutritious food is expected to drive the plant hormone market growth over the forecast period.
- Rising awareness about the benefits of plant hormones is projected to propel market growth.
- Growing use of plant hormones in agriculture for improving crop yield is anticipated to boost demand over the next few years.
- Increasing research and development activities for new applications of plant hormones are likely to provide lucrative opportunities for market players in the near future. 5) Technological advancements in production processes are expected to fuel Plant Hormone Market growth during the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Plant Hormone Market Research Report
By Type
Abscisic acid, Auxins, Cytokinins, Ethylene, Gibberellins
By Application
Cereals & Grains, Fruits, Vegetables, Others
By Companies
Syngenta, BASF, DowDuPont, Jiangsu Bailing Agrochemical, Zhejiang Qianjiang Biochemical, Shanghai Tongrui Biotech, Jiangxi Xinruifeng Biochemical, Sichuan Longmang Fusheng Biotech, Jiangsu Fengyuan Bioengineering
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Plant Hormone Market Report Segments:
The global Plant Hormone market is segmented on the basis of:
Types
Abscisic acid, Auxins, Cytokinins, Ethylene, Gibberellins
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
Cereals & Grains, Fruits, Vegetables, 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:
- Syngenta
- BASF
- DowDuPont
- Jiangsu Bailing Agrochemical
- Zhejiang Qianjiang Biochemical
- Shanghai Tongrui Biotech
- Jiangxi Xinruifeng Biochemical
- Sichuan Longmang Fusheng Biotech
- Jiangsu Fengyuan Bioengineering
Highlights of The Plant Hormone 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:
- Abscisic acid
- Auxins
- Cytokinins
- Ethylene
- Gibberellins
- By Application:
- Cereals & Grains
- Fruits
- Vegetables
- 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 Plant Hormone 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?
Plant hormone is a chemical that controls the growth, development, and function of plants. Plant hormones play an important role in plant reproduction and defense.
Some of the major companies in the plant hormone market are Syngenta, BASF, DowDuPont, Jiangsu Bailing Agrochemical, Zhejiang Qianjiang Biochemical, Shanghai Tongrui Biotech, Jiangxi Xinruifeng Biochemical, Sichuan Longmang Fusheng Biotech, Jiangsu Fengyuan Bioengineering.
The plant hormone market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Plant Hormone 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. Plant Hormone Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Plant Hormone Market - Supply Chain
4.5. Global Plant Hormone Market Forecast
4.5.1. Plant Hormone Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Plant Hormone Market Size (000 Units) and Y-o-Y Growth
4.5.3. Plant Hormone Market Absolute $ Opportunity
5. Global Plant Hormone 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. Plant Hormone Market Size and Volume Forecast by Type
5.3.1. Abscisic acid
5.3.2. Auxins
5.3.3. Cytokinins
5.3.4. Ethylene
5.3.5. Gibberellins
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Plant Hormone 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. Plant Hormone Market Size and Volume Forecast by Application
6.3.1. Cereals & Grains
6.3.2. Fruits
6.3.3. Vegetables
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Plant Hormone 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. Plant Hormone 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 Plant Hormone 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. Plant Hormone 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 Plant Hormone Demand Share Forecast, 2019-2026
9. North America Plant Hormone 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 Plant Hormone 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 Plant Hormone Market Size and Volume Forecast by Application
9.4.1. Cereals & Grains
9.4.2. Fruits
9.4.3. Vegetables
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Plant Hormone Market Size and Volume Forecast by Type
9.7.1. Abscisic acid
9.7.2. Auxins
9.7.3. Cytokinins
9.7.4. Ethylene
9.7.5. Gibberellins
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 Plant Hormone Demand Share Forecast, 2019-2026
10. Latin America Plant Hormone 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 Plant Hormone 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 Plant Hormone Market Size and Volume Forecast by Application
10.4.1. Cereals & Grains
10.4.2. Fruits
10.4.3. Vegetables
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Plant Hormone Market Size and Volume Forecast by Type
10.7.1. Abscisic acid
10.7.2. Auxins
10.7.3. Cytokinins
10.7.4. Ethylene
10.7.5. Gibberellins
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 Plant Hormone Demand Share Forecast, 2019-2026
11. Europe Plant Hormone 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 Plant Hormone 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 Plant Hormone Market Size and Volume Forecast by Application
11.4.1. Cereals & Grains
11.4.2. Fruits
11.4.3. Vegetables
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Plant Hormone Market Size and Volume Forecast by Type
11.7.1. Abscisic acid
11.7.2. Auxins
11.7.3. Cytokinins
11.7.4. Ethylene
11.7.5. Gibberellins
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
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Plant Hormone Demand Share, 2019-2026
12. Asia Pacific Plant Hormone 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 Plant Hormone 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 Plant Hormone Market Size and Volume Forecast by Application
12.4.1. Cereals & Grains
12.4.2. Fruits
12.4.3. Vegetables
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Plant Hormone Market Size and Volume Forecast by Type
12.7.1. Abscisic acid
12.7.2. Auxins
12.7.3. Cytokinins
12.7.4. Ethylene
12.7.5. Gibberellins
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 Plant Hormone Demand Share, 2019-2026
13. Middle East & Africa Plant Hormone 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 Plant Hormone 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 Plant Hormone Market Size and Volume Forecast by Application
13.4.1. Cereals & Grains
13.4.2. Fruits
13.4.3. Vegetables
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Plant Hormone Market Size and Volume Forecast by Type
13.7.1. Abscisic acid
13.7.2. Auxins
13.7.3. Cytokinins
13.7.4. Ethylene
13.7.5. Gibberellins
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 Plant Hormone Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Plant Hormone Market: Market Share Analysis
14.2. Plant Hormone Distributors and Customers
14.3. Plant Hormone Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Syngenta
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BASF
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. DowDuPont
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 Bailing Agrochemical
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. Shanghai Tongrui Biotech
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Jiangxi Xinruifeng Biochemical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sichuan Longmang Fusheng Biotech
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Jiangsu Fengyuan Bioengineering
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
