Global Plant Activators Market – Industry Trends and Forecast to 2030

Plant Activators Market Analysis and Size

The market is expanding due to the development of farming technologies and the rising use of integrated pest management techniques. Fruits and vegetables were found to hold the largest market share because they can be excellent sources of essential nutrients like calcium, fiber, folate, iron, magnesium, potassium, and others. Additionally, an important trend in many regions is the rise in the number of nurseries. The market has expanded due to this factor and the availability of new technologies for spraying chemicals and activators.

Data Bridge Market Research analyses that the plant activators market, valued at USD 754.71 Million in 2022, will reach USD 1,287.08 Million by 2030, growing at a CAGR of 6.90% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Plant Activators Market Scope and Segmentation  

Market Definition

Plant activators are substances that cause plants to respond defensively to various pathogens. Plant activators have several advantages, such as enhancing plants' natural defense mechanisms to lessen stress events and maximizing yield. Plant activators also supply the primary nutrients that increase crop yields when crops are under stress. It also speeds up recovery and is compatible with most foliar fertilizers and pesticides.

Plant Activators Market Dynamics

Drivers

• Plant activators can help maintain the soil quality

The growing demand for crop and protection products is increasingly driving the market for plant activators. Rising population, declining arable land, and worsening soil quality are market drivers. Plant activators are anticipated to boost long-term agricultural productivity and restore oil balance as expanding pest infestations and disease outbreaks lower crop yields.

• The potential Relevance of laws and regulations will surge the market growth

Globally, governments are concentrating on growing their agriculture industries. At the same time, government regulations like the Indian government's Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) will aid in expanding the agricultural industry. All farmer families nationwide will receive income support of Rs. 6000/- per year through the Scheme in three equal installments of Rs. 2000/- every four months, allowing the farmers to concentrate more on farming. Additionally, the market for plant activators will expand along with the agricultural sector.

Opportunities

• Regional demand for plant activators will increase with the expansion of planting and nurseries

In many places, the growth of nurseries has become a significant trend. The accessibility of new spraying technology has fueled the market expansion for chemicals and activators. The majority of customers are anticipated to switch to organic activators, which protect the environment, promote plant growth, and help maintain the soil's quality. Indoor farming refers to breeding and nourishing specialized breeds in confined spaces. Utilizing natural plant activators in the home will also be beneficial because they have no negative side effects and are simple to use. This quickly spreading pattern is anticipated to increase plant aviator sales.

Restraints/Challenges

• People's lack of accessibility and familiarity with the market is limiting its development

Through the various laws and regulations in each country, the availability of plant activator products is still very limited. Additionally, the developed regions heavily rely on chemicals. Thus high manufacturing and R&D costs and emerging regions' lower levels of awareness are all impeding the market's expansion.

This plant activators market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the plant activators market contact Data Bridge Market Research for an analyst brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Developments

• In 2020- Gowan Crop Protection Limited, an affiliate of Gowan Company, LLC, acquired two new active ingredients, Fenamidone and Pencycuron. The acquisition included product registrations and trademarks, including Consent, Reason, Monceren, Prestige, and related intellectual property and labels for both fungicides. 

Global Plant Activators Market Scope

The plant activators market is segmented on the basis of source, crop type, form, mode of application, and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Source

• Biological
• Chemical

Crop Type

• Fruits and Vegetables
• Berries
• Citrus Fruits
• Pome Frits
• Root and Tuber vegetables
• Leafy vegetable
• Other fruits and vegetable
• Cereals and Grains
• Wheat
• Rice
• Corn
• Others
• Oilseeds and Pulses
• Cotton seeds
• Soybean
• Sunflower and Rapeseed
• Others
• Turf and Ornamentals

Form

• Solutions
• Water-Dispersible and Water-Soluble Granules
• Wettable Powders

Mode of Application

• Foliar Spray
• Soil Treatment
• Other Modes of Application
• Seed treatment
• Trunk injection
• Soil drenching

Distribution Channel

• Online
• Offline

Plant Activators Market Regional Analysis/Insights

The plant activators market is analysed and market size insights and trends are provided by country, source, crop type, form, mode of application, and distribution channel as referenced above.

The countries covered in the plant activators market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Europe dominates the market and will continue to flourish its trend of dominance during the forecast period. The major factors attributable to the region's dominance are its easy availability of arable land along with rising agricultural productivity.

Asia-Pacific will undergo the highest growth rate during the forecast period due to expanding plant activators' requirements and investment by various multinational organizations to grow the agricultural sector.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Plant Activators Market Share Analysis

The plant activators market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to plant activators market.

Some of the major players operating in the plant activators market are:

• Syngenta Crop Protection AG (Switzerland)
• BASF SE(Germany)
• Plant Health Care plc (U.S.)
• Arysta LifeScience Corporation(U.S.)
• NIHON NOHYAKU CO.,LTD (Japan)
• Certis USA L.L.C. (U.S.)
• Gowan Company (U.S.)
• Futureco Bioscience (Spain)
• NutriAg  Group Ltd. (Canada)
• Eagle Plant Protect Private Limited. (India)
• Excel Crop Care Ltd. (India)
• Jaivik Crop Care LLP (India)
• NACL Industries Ltd. (India)
• Koppert (Netherlands)
• Agrauxine (France)

SKU-55910