Global Market for Plant Activators
Dublin, June 21, 2023 (GLOBE NEWSWIRE) -- The "Plant Activators: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Plant Activators estimated at US$728.6 Million in the year 2022, is projected to reach a revised size of US$1.1 Billion by 2030, growing at a CAGR of 5.7% over the analysis period 2022-2030.
Fruits & Vegetables, one of the segments analyzed in the report, is projected to record a 6.3% CAGR and reach US$428.1 Million by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Cereals & Grains segment is readjusted to a revised 5.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $113.3 Million, While China is Forecast to Grow at 8.2% CAGR
The Plant Activators market in the U.S. is estimated at US$113.3 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$181 Million by the year 2030 trailing a CAGR of 8.2% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 4.8% respectively over the 2022-2030 period.
Within Europe, Germany is forecast to grow at approximately 3.9% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$174.3 Million by the year 2030.
Select Competitors (Total 35 Featured) -
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Alltech Crop Science
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BASF SE
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Certis USA LLC
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Eagle Plant Protect Pvt. Ltd.
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FUTURECO BIOSCIENCE S.A.
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Isagro SpA
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Meiji Holdings Co., Ltd.
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Nihon Nohyaku Co., Ltd.
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NutriAg Group Ltd.
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Plant Health Care, Inc.
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Syngenta AG
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UPL Limited.
Key Attributes:
Report Attribute | Details |
No. of Pages | 526 |
Forecast Period | 2022 - 2030 |
Estimated Market Value (USD) in 2022 | $728.6 Million |
Forecasted Market Value (USD) by 2030 | $1100 Million |
Compound Annual Growth Rate | 5.3% |
Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
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Influencer Market Insights
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World Market Trajectories
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Plant Activators: Market Prospects and Outlook
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Biological Plant Activators Segment Drives Market Growth
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Fruits & Vegetables: The Largest Segment in Plant Activators Market
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Europe Leads the Plant Activators Market, High Growth Potential in Asian Economies
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Plant Activators - Global Key Competitors Percentage Market Share in 2022 (E)
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Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
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Impact of Covid-19 and a Looming Global Recession