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
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Rising Demand for Agricultural Commodities to Meet the Needs of Expanding Global Population Drives Demand for Plant Activators
- World Population (in Thousands) by Geographic Region for the Years 2018, 2025, 2040, 2050
- Food Demand Growth Worldwide - Demand Growth in Million Tonnes for Cereals and Sugar in Select Regions for the Period 2008-2017 and 2018-2027
- Shrinking Arable Land & Declining Agricultural Yields Drive the Importance of Plant Activators
- Loss of Arable Land & Decline in Yields Doubles Up the Pressure to Strengthen Plant Defenses Against Diseases: Global Availability of Arable Land in Hectares Per Person & as a % of Total Land Area for the Years 1990, 2000, 2018 and 2020
- As Monocropping Increases Pest Resistance and Raises Risk of Crop Diseases, Farmers Turn to Plant Activators for Improving Plant Health and Quality
- Monocropping Impacts Plant Health & Quality, Predisposing it to Diseases: Impact of Long-Term Coffee Monoculture on Plant Health in Terms of Root Dry Weight & Shoot Dry Weight (In Grams Per Plant)
- With Climate Change and Global Warming Anticipated to Lead to Increase in Pest Attacks, Need for Plant Activators Set to Grow
- Average Global Surface Temperature (In Degrees Fahrenheit) for the Years 1940, 2000 and 2020
- Rising Threat of Plant Diseases and Concerns over Associated Yield Losses Enhances Significance of Plant Activators
- Chronic Yield Losses Due to Plant Diseases & Their Dire Implications for Global Food Security Brings "Plant Activators" into the Spotlight for their Yield Boosting Benefits: Comparison of Yields With and Without Crop Protection
- Plant Activators Market Benefits from the Rising Demand for Crop Care and Protection Products
- Global Market for Crop Protection Chemicals: Revenues in US$ Billion for the Years 2018, 2020, 2022 and 2024
- Concerns over Adverse Effects of Excessive Pesticide Usage Turns Attention to Plant Activators
- Increasing Consumer Preference for Organic Foods and Vegan Diets: An Opportunity for Activators Market
- Global Organic Agricultural Land in Million Hectares for the Years 2010, 2012, 2014, 2016 and 2018
- Global Vegan Foods Market: Revenues in US$ Billion for the Years 2018, 2020, 2022 and 2024
- Innovations Spur Growth in the Plant Activators Market
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/sfq6t6
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