Plant Activators Global Market is Projected to Reach $1.1 Billion by 2030: Shrinking Arable Land & Declining Agricultural Yields Drive the Importance of Plant Activators
Company Logo
Company Logo

Global Market for Plant Activators

Global Market for Plant Activators
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) -

  • Alltech Crop Science

  • BASF SE

  • Certis USA LLC

  • Eagle Plant Protect Pvt. Ltd.

  • FUTURECO BIOSCIENCE S.A.

  • Isagro SpA

  • Meiji Holdings Co., Ltd.

  • Nihon Nohyaku Co., Ltd.

  • NutriAg Group Ltd.

  • Plant Health Care, Inc.

  • Syngenta AG

  • 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

  • Influencer Market Insights

  • World Market Trajectories

  • Plant Activators: Market Prospects and Outlook

  • Biological Plant Activators Segment Drives Market Growth

  • Fruits & Vegetables: The Largest Segment in Plant Activators Market

  • Europe Leads the Plant Activators Market, High Growth Potential in Asian Economies

  • Plant Activators - Global Key Competitors Percentage Market Share in 2022 (E)

  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

  • Impact of Covid-19 and a Looming Global Recession