Worldwide sales of plant growth regulators are estimated to account for more than US$ 3,000 Mn revenues by 2026-end.
Albany, NY -- (SBWIRE) -- 03/16/2018 -- Tremendous surge in expansion of the organic industry is considered to be a major factor fuelling demand for plant growth regulators. Soaring awareness on health hazards apropos to utilization of chemicals in household and food products has been impelling individuals in shifting their preference toward organic food products. In addition, there has been a rapid growth of the pharmaceutical sector in the recent past, driven primarily by rising prevalence of chronic diseases, growth in aging population, unhealthy consumption patterns of consumers, and their changing lifestyles. Growing pharmaceutical industry entails the requirement for herbal medicines, owing to rising prices of their allopathy counterparts. Leading pharmaceutical companies have been making huge investments in research and development of plant-derived medicines for coping up with growing demand for herbal medicines. These instances will further create demand for plant growth regulators in the foreseeable future.
A new report of Transparency Market Research offers forecast and analysis on the plant growth regulators market at a global scale. The report delivers actual data related to the market for the historical period (2012-2016) along with an estimated intelligence on the market for the forecast period (2017-2026). The information is presented in terms of value (US$ Mn). Macroeconomic indicators coupled with an outlook on the plant growth regulators demand pattern around the world have also been encompassed by the report. The report further imparts key drivers & restraints for the global plant growth regulators market, and their impact on regional segments included over the forecast period.
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The executive summary chapter, which initiates the report, offers key market dynamics and numbers associated with the global plant growth regulators market, along with key research findings related to the market segments comprised. The market numbers included in this chapter are a blend of compound annual growth rates, market shares, revenues, and volume sales. A concise introduction to the plant growth regulators market is offered in the chapter succeeding the executive summary, along with a formal definition of "plant growth regulators". Elaboration of the market dynamics that include future prospects, growth limitations and drivers, and trends has been delivered in the chapters subsequent to the overview. These chapters also inundate insights apropos to bottom line of enterprises in detail, along with the fiscal stimulus and the global economy.
A complete package of intelligence on leading participants supporting expansion of the global plant growth regulators market has been offered in the concluding chapter of this analytical research report. This chapter elucidates the competition landscape of the global market for plant growth regulators, providing information on key strategy implementations of the market players, their product overview, key development, company overview, and key financials. A SWOT analysis on each market players has been provided in this chapter of the report. Additionally, the geographical spread of the market players included, along with their future growth plans, intended mergers & acquisitions, overall revenues, and market shares are elaborated in detail in this chapter. The report has employed an intensity map for portraying key market players located across geographies.
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