Plant Growth Regulators Market Report 2025

The plant growth regulators market size has grown strongly in recent years. It will grow from $3.23 billion in 2024 to $3.54 billion in 2025 at a compound annual growth rate (CAGR) of 9.4%. The growth in the historic period can be attributed to increasing demand for food production, awareness and adoption among farmers, government initiatives and regulations, focus on crop quality and yield, and expansion of the agriculture industry.

The plant growth regulators market size is expected to see strong growth in the next few years. It will grow to $5.16 billion in 2029 at a compound annual growth rate (CAGR) of 9.9%. The growth in the forecast period can be attributed to continued population growth, climate change challenges, focus on sustainable agriculture, market expansion in developing countries, collaborations and partnerships. Major trends in the forecast period include advancements in biotechnology, technological advancements in agriculture, technological advancements in PGR production, increasing demand for organic products, and expanding application in various crops.

The increasing demand for organic farming is expected to significantly propel the growth of the plant growth regulators market. Organic farming focuses on producing crops, livestock, and other goods without synthetic chemical pesticides, antibiotics, transgenic species, growth-stimulating hormones, or other harmful chemicals. Plant growth regulators play a crucial role in organic farming by enhancing crop quality and yield, promoting root growth, and increasing the size and productivity of specific crops, such as grapes and strawberries. For instance, according to IFOAM Organics Europe, a Belgium-based non-profit organization, the total area of farmland dedicated to organic production in the European Union reached 16.9 million hectares in 2022, reflecting a 10.8% increase in the number of organic producers compared to 2021, totaling 419,112 producers. This growing trend in organic farming is driving the demand for plant growth regulators, as they are essential tools for achieving sustainable agricultural practices and maximizing crop productivity without relying on synthetic chemicals.

The increasing prevalence of crop diseases is expected to significantly drive the growth of the plant growth regulators market. Crop diseases, which encompass various pathological conditions affecting the health, growth, and productivity of cultivated plants, pose substantial challenges to farmers and agricultural producers. Plant growth regulators (PGRs) play a vital role in enhancing a plant's resistance to these diseases, improving stress tolerance, maintaining balanced growth, promoting faster healing of wounds or lesions caused by pathogens, enhancing nutrient uptake, and delaying senescence (aging) in plants. For example, the Department of Agriculture, Fisheries and Forestry in Australia reported that wet conditions associated with La Niña have led to significant challenges for grape growers in Victoria. The prevalence of diseases such as downy mildew resulted in a staggering 46% crop loss for dried grapes per farm, a notable increase from 14% in the previous year (2021-22). This alarming trend underscores the critical need for effective plant growth regulators to mitigate the impact of crop diseases and ensure sustainable agricultural practices. As the prevalence of crop diseases continues to rise, the demand for plant growth regulators is expected to increase, further propelling market growth.

Major companies operating in the plant growth regulators market are increasingly focused on introducing innovative products, such as the combination of plant growth regulators, to strengthen their market position. This approach involves using multiple types of growth hormones or synthetic compounds simultaneously to enhance or regulate plant growth and development more effectively. For example, in July 2024, Zhejiang Sega Science and Technology Co. Ltd., a China-based agricultural company, launched a new product called A PANG. This innovative plant growth regulator combines Choline chloride and S-Abscisic acid, aiming to enhance photosynthesis and improve crop resilience. A PANG promotes better nutrient distribution and accelerates tuber expansion, ultimately boosting crop quality and yield. By leveraging the synergistic effects of different growth regulators, companies like Zhejiang Sega are paving the way for advancements in agricultural productivity and sustainability in the plant growth regulators market.

Major companies in the plant growth regulators sector are focusing on advanced products such as biorational solutions to drive market revenues. Biorational solutions, derived from natural sources such as plants, animals, or microorganisms, are low-impact substances. For instance, Sumitomo Chemical India Ltd., a division of Sumitomo Chemical Company, launched Promalin in March 2023. This solution is aimed at apple growers, promising high-quality produce, access to new export markets, and a revolutionary change for the apple growing community. The product incorporates distinct safety features to ensure growers receive authentic and original Promalin, signifying a shift toward sustainable and effective biorational solutions in agriculture.

In December 2022, Adama Agricultural Solutions., an Israel-based crop protection company, acquired Agrinova New Zealand Limited., for an undisclosed amount. Through this acquisition, Adama Agricultural Solutions expects to improve its position in New Zealand and open the door for its expansion into the biological market. Agrinova New Zealand Limited is a New Zealand-based crop protection company that manufactures crop protection products and plant growth regulators primarily for the horticulture segment.

Major companies operating in the plant growth regulators market include BASF SE, Bayer Crop Science, Corteva Agriscience, Sumitomo Chemica Co. Ltd, Syngenta AG, Valent BioSciences Corporation, NuFarm Ltd., Food Machinery & Chemical Corporation, ADAMA India Private Limited, Nippon Soda Co. Ltd., Arysta LifeScience Corporation, Tata Chemicals Limited, Sichuan Guoguang Agrochemical Co. Ltd, United Phosphorus Limited, Redox Industries Ltd, Xinyi (H.K.) Industrial Co. Ltd., WinField Solutions LLC, Nissan Chemical Corporation, Sikko Industries Ltd., Crop Care Australasia Pty Ltd., Biolchim S.p.A., Novozymes A/S, Isagro S.p.A., Fine Americas Inc., Agro-K Corporation, Plant Hormones Ltd., Albaugh LLC, Westbridge Agricultural Products, Loveland Products Inc.

Europe was the largest region in the plant growth regulators market in 2024. The regions covered in the plant growth regulators market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the plant growth regulators market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Plant growth regulators are chemical substances that comprehensively manage various aspects of a plant's growth and development, including branching, shoot reduction, stimulating bloom, thinning excess fruit, or altering fruit maturity.

The primary categories of plant growth regulators include cytokinins, auxins, gibberelins, ethylene, and other related types. Cytokinins, plant-specific hormones, play a pivotal role in regulating the plant cell cycle and numerous developmental processes. These regulators are available in various formulations such as water-dispersible and water-soluble granules, wettable powders, and solutions. Their applications span across fruits, vegetables, cereals, grains, oilseeds, pulses, turf, and ornamental plants.

The plant growth regulators market research report is one of a series of new reports that provides plant growth regulators market statistics, including plant growth regulators industry global market size, regional shares, competitors with a plant growth regulators market share, detailed plant growth regulators market segments, market trends and opportunities, and any further data you may need to thrive in the plant growth regulators industry. This plant growth regulators market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The plant growth regulators consist of sales of paclobutrazol, gibberellic acid, salicylic acid, brassinosteroids, strigolactones, and polyamine. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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