Plant Activators Market Worth 878.38 Million USD by 2023
PUNE, India, May 17, 2018 /PRNewswire/ --
The report "Plant Activators Market by Crop Type (Fruits & Vegetables, Cereals & Grains, Oilseeds & Pulses, Turf & Ornamentals), Mode of Application (Foliar Spray, Soil Treatment), Source (Biological, Chemical), Form, and Region - Global Forecast to 2023", published by MarketsandMarkets™, the market is estimated at USD 636.76 Million in 2018 and is projected to reach a value of USD 878.38 Million by 2023, at a CAGR of 6.6% from 2018 to 2023. The market is driven by factors such as growing consumer preference for organic foods, new product registrations, decrease in arable land, and technological advancements in the agricultural industry. On the other hand, lack of awareness, increased prices of raw materials, and high R&D costs are the key factors hindering the growth of this market. This indicates that there is immense scope for the growth of the Plant Activators Market, globally.
(Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg )
Browse 80 market data Tables and 43 Figures spread through 144 Pages and in-depth TOC on "Plant Activators Market"
https://www.marketsandmarkets.com/Market-Reports/plant-activator-market-103570996.html
Early buyers will receive 10% customization on this report
The solutions segment, by form, accounted for the largest share of the Plant Activators Market in 2017.
The solutions segment accounted for the largest share of the global Plant Activators Market in 2017. They are the most popular forms of plant activators in the agricultural industry. Solution formulations are mainly preferred as they do not cause dust formation on spraying, do not cause toxicity or flammability, provide high efficiency due to smaller particle size, and low packaging volume.
The fruits & vegetables segment, by crop type, accounted for the largest share in the Plant Activators Market in 2017.
Plant activators are increasingly gaining importance in the fruits & vegetables industry. With the rise in production of fruits & vegetables, the demand for plant activators has been increasing in this segment. The high export potential of these products has also led to an increase in production levels.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=103570996
The biological plant activators segment accounted for the largest share in the Plant Activators Market in 2017
Biological plant activators play an important role in plant growth as they help improve nutrient use efficiency. The high cost of developing new chemical pesticides, increase in insect & weed resistance to chemical treatments, and high regulatory pressure to limit chemical usage with respect to ecosystem damage have contributed to an increase in demand for biological plant activator products.
Europe dominated the Plant Activators Market in 2017.
In 2017, the European region dominated the global market for plant activators. European agriculture is driven by technical advancements, economics, politics, climatic changes, and consumer demand. Plant activators have received wide-scale acceptance in Europe as they are expected to increase long-term agricultural productivity and help realize the goal of food self-adequacy.
This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies. It includes profiles of leading companies such as Syngenta (Switzerland), Isagro (Italy), Plant Health Care (US), Arysta LifeScience (US), Nihon Nohyaku Co., Ltd. (Japan), Meiji Seika (Japan), Certis (US), Gowan (US), Futureco Bioscience (Spain), NutriAg (Canada), and Eagle Plant Protect Pvt. Ltd. (India).
Know more about the Plant Activators Market:
https://www.marketsandmarkets.com/Market-Reports/plant-activator-market-103570996.html
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Salgarkar
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Visit Our Blog: http://www.marketsandmarketsblog.com/market-reports/agriculture-industry
Connect with us on LinkedIn: http://www.linkedin.com/company/marketsandmarkets
Share this article