Global Plant Growth Regulators Market Research Insights 2018-2027 Plant growth regulators are natural and synthetic chemicals that is applied or sprayed to a seed providing increasing insect and disease resistance. Plant growth regulators is widely used in horticulture and agriculture. Plant growth regulators function as chemical messengers for intercellular communication and work together for growth and development of cells. Auxins, gibberellins, and cytokines are grouped as plant growth promoters whereas abscise acid and ethylene are grouped as plant growth inhibitors. Increasing preference of customer towards consumption of organic food is major factor expected to drive growth of global plant growth regulators market over the forecast period. Adoption of advance farming practices and technologies is another factor expected to support growth of market over the forecast period. Increasing demand for food products owing to the rapidly growing population as well as declining number of arable land is a major factor expected to drive the growth of the market over the forecast period.
For having Sample Plant growth regulators market Europe market dominates the global plant growth regulators market in terms of revenue contribution as compared to that of markets in other regions. This attributed to the decreasing number of arable land and encouragement of government for organic farming. North America accounts for second largest revenue share contribution to the global plant growth regulators market, followed by markets in the Asia Pacific, Latin America, and the Middle East & Africa respectively. The market in the Asia Pacific is projected to register comparatively faster growth in terms of revenue over the next 10 years. Increasing demand of organic food especially in China and India is expected to drive growth of the market in the region over the forecast period. Manufacturing companies operating in the target market can focus on selling the product in emerging economies in Asia and Africa which can create lucrative opportunities for existing as well as new players operating in the global plant growth regulators market over the forecast period.
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