United Kingdom Plant Growth Regulators (PGRs) Market By Type (Auxin, Gibberellin, Cytokinin, Others), By Crop Type (Fruits & Vegetables, Cereals & Grains, Oilseeds & Pulses, Turf & Ornamentals), By Function (Stimulators, Promotors, Inhibitors, Retardants), By Formulation (Water-Dispersible & Water-Soluble Granules, Solutions, Wettable Powders, Tablets), By Region, Competition Forecast & Opportunities, 2027
United Kingdom plant growth regulators (PGRs) market is expected to grow at an impressive CAGR in the forecast period, 2023-2027. Plant growth regulators are substances that act as phytohormones and have an impact on the physiological development and growth of plants (PGRs). These substances differ from nutrients in terms of their chemistry. The five categories of plant growth regulators are auxin, gibberellin, cytokinin, ethylene, and abscisic acid. Plant growth regulators can be created synthetically in a lab, or they can be hormones that naturally arise.
The market is driven by the factors such as growing demand to increase the agricultural yield in the fields and the rapid adoption of sustainable agriculture practices across the country. Agriculture areas are also in danger due to population growth and the expansion of the construction sector. Agriculture lands are disappearing as more land is taken up for the development of commercial, industrial, and residential facilities. Due to the intense demand to produce higher-yielding crops on the existing fertile lands, the demand for the United Kingdom plant growth regulators (PGRs) market is expected to grow in the next five years.
The United Kingdom plant growth regulators (PGRs) market is segmented by type, crop type, function, formulation, competitive landscape, and regional distribution. Based on type, the market is divided into auxin, gibberellin, cytokinin, and others. The cytokinin segment is expected to hold the largest market share in the forecast period, 2023-2027. Adoption of sustainable agriculture and organic farming practices drives the segmental growth.
The major players operating in the United Kingdom plant growth regulators (PGRs) market are BASF UK Limited, Bayer UK Limited, Syngenta (UK) Limited, Nufarm UK Limited, and Sumitomo Chemical (UK) Plc.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F–2027F
Objective of the Study:
- To analyze the historical growth in the market size of the United Kingdom plant growth regulators (PGRs) market from 2017 to 2021.
- To estimate and forecast the market size of United Kingdom plant growth regulators (PGRs) market from 2022E to 2027F and growth rate until 2027F.
- To classify and forecast the United Kingdom plant growth regulators (PGRs) market based on type, crop type, function, formulation, region, and company.
- To identify the dominant region or segment in the United Kingdom plant growth regulators (PGRs) market.
- To identify drivers and challenges for the United Kingdom plant growth regulators (PGRs) market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the United Kingdom plant growth regulators (PGRs) market.
- To identify and analyze the profiles of leading players operating in the United Kingdom plant growth regulators (PGRs) market.
- To identify key sustainable strategies adopted by market players in United Kingdom plant growth regulators (PGRs) market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the country.
TechSci Research calculated the market size of the United Kingdom plant growth regulators (PGRs) market using a bottom up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums, and alliances
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as product manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, United Kingdom plant growth regulators (PGRs) market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- United Kingdom Plant Growth Regulators (PGRs) Market, By Type:
- Auxin
- Gibberellin
- Cytokinin
- Others
- United Kingdom Plant Growth Regulators (PGRs) Market, By Crop Type:
- Fruits & Vegetables
- Cereals & Grains
- Oilseeds & Pulses
- Turf & Ornamentals
- United Kingdom Plant Growth Regulators (PGRs) Market, By Function:
- Stimulators
- Promotors
- Inhibitors
- Retardants
- United Kingdom Plant Growth Regulators (PGRs) Market, By Formulation:
- Water-Dispersible & Water-Soluble Granules
- Solutions
- Wettable Powders
- Tablets
- United Kingdom Plant Growth Regulators (PGRs) Market, By Region:
- London
- East Anglia
- Southwest
- Southeast
- Scotland
- East Midlands
- Yorkshire & Humberside
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in United Kingdom plant growth regulators (PGRs) market.
Company Information
- Detailed analysis and profiling of additional market players (up to five).
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