The India plant growth regulators (PGRs) market is segmented based on type, crop type, function, formulation, company and region. Based on type, the market can be categorized into auxin, gibberellin, cytokinin and others. The cytokinin segment is expected to dominate the market during the forecast period since it increases the capacity of plants to tolerate water deficiency by guarding nitrogen and carbon integration process during stressful conditions. Additionally, cytokinin help in branching, nutrient remobilization and facilitate the growth of flowers and seeds. Based on crop type, the market can be grouped into fruits & vegetables, cereals & grains, oilseeds & pulses and turf & ornamentals. The fruit & vegetables segment is expected to dominate the market owing to the increasing health awareness among the population and a shift towards organic food. Based on function, the market can be fragmented into stimulators, promotors, inhibitors and retardants. The promoters segment is expected to dominate the market over the next few years on account of their increased use on fruits & vegetables to enhance the flowering process thereby increasing yield. Additionally, promoters help in early stages of development thereby driving the growth of segment.
The major players operating in the India plant growth regulators (PGRs) market are BASF India Ltd., Dow Chemical Company, Bayer India, FMC India Pvt. Ltd., Dhanuka Agritech Ltd., Godrej Agrovet Limited, Krishi Rasayan Exports Pvt. Ltd., Growtech Agri Science and Research Private Limited, Bharat Rasayan Limited, Aristo Biotech And Life Science Pvt. Ltd. and others. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.
Years considered for this report
Historical Years2015-2018
Base Year2019
Estimated Year2020
Forecast Period2021–2025
Objective of the Study
- To analyze and estimate the market size of India
plant growth regulators (PGRs) market from 2015 to 2018.
- To estimate and forecast the market size of India
plant growth regulators (PGRs) market from 2019 to 2025 and growth rate
until 2025.
- To classify and forecast India plant growth
regulators (PGRs) market based on type, crop type, function, formulation, company
and regional distribution.
- To identify dominant region or segment in the India
plant growth regulators (PGRs) market.
- To identify drivers and challenges for India plant
growth regulators (PGRs) market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in India
plant growth regulators (PGRs) market.
- To conduct pricing analysis in the India plant
growth regulators (PGRs) market.
- To identify and analyze the profile of leading
players operating in India plant growth regulators (PGRs) market.
- To identify key sustainable strategies adopted
by market players in India plant growth regulators (PGRs) market.
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performed both primary as well as exhaustive secondary research for this study. Initially, sourced a list of manufacturers across the globe. Subsequently, conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, could include the manufacturers which could not be identified due to the limitations of secondary research. analyzed the manufacturers, distribution channels and presence of all major players across the globe.
calculated the market size of
Key Target Audience
- Plant growth regulators (PGRs)
manufacturers/ suppliers/ distributors
- Market research and
consulting firms
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums and
alliances related to plant growth regulators (PGRs)
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
