Global Plant Activators Market Trends, Analysis, Growth, and Forecast: 2018 to 2027

Global Plant Activators Market Overview:

The global Plant Activators Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”

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This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analysed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Plant activators are chemicals that induce plant defense responses to a broad spectrum of pathogens. Plant activators have various advantages which includes boost of natural crop defense mechanisms to reduces stress events which thereby maximizes yield. In addition, during stress condition, plant activators provide major nutrients which thus enhance crop performance. It also improves recovery and compatible with most foliar pesticides and fertilizers.

Increasing pest attack which in turn led to heavy crop losses and increasing farming expenditure to improve crop yield are major factors expected to drive growth of global plant activators market over the forecast period. In addition, use of modern farming technologies to maximize the crop yield is other factor expected to drive growth of the market over the forecast period. Continuous focus by manufacturers operating in the market to develop innovative and novel products that can be used for various crop species is expected to propel growth of global plant activators market.

Based on crop type, the global plant activators market is segmented based on cereals & grains, oilseeds & pulses, fruits & vegetables, and turf & ornamentals. The fruits & vegetables segment accounts for major revenue share as compared to that of other crop types.

Europe market holds major revenue share in the global plant activators market as compared to that of market in other regions. Increasing demand for organic food products in the region is expected to drive growth of the market. Asia Pacific region accounts for second highest revenue share contribution to the global plant activators market, followed by markets in the North America, 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. Growing demand for plant activators to maximize the crop yield in countries such as India, China, Japan is expected to drive the growth of the plant activators market in the region.

Global Plant Activators Market Segmentation:

Global ­­­­plant activators market segmentation, by crop type:

• Cereals & grains
• Oilseeds & pulses
• Fruits & vegetables
• Turf & ornamentals

Global plant activators market segmentation, by form:

• Solutions
• Wettable powders
• Water-dispersible & water-soluble granules

Global plant activators market segmentation, by source:

• Chemical
• Biological

Global plant activators market segmentation, by application:

• Soil treatment
• Foliar spray
• Others

Global plant activators market segmentation, by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa