Europe Takes Lead in Global Plant Growth Regulators Market, States PBI in Its In-Demand Report Available at MarketPublishers.com
04 Jan 2018 • by Natalie Aster
LONDON – The global plant growth regulators market growth is significantly encouraged by rising concerns of farmers about profitability, increasing adoption of new methods like organic farming and usage of agrochemicals to protect crops and to cut costs, enhancing concerns regarding plant health and productivity, surging food exports and imports, long-term usage of fertilizers and ongoing technological progress of the agricultural industry, amid other growth drivers.
Still, the plant growth regulators market growth will likely be challenged by a range of factors including stringent regulatory policies, low awareness and high costs.
Region-wise, the world’s market for plant growth regulators is dominated by Europe owing to blooming activities of organic farming coupled with rising availability of farm land for organic practices. Furthermore, North America is also an important contributor to the world’s plant growth regulators market, primarily due to the flourishing organic farming industry in the USA. India, China and New Zealand account for the largest shares of the APAC market for plant growth regulators, majorly due to booming agricultural farming sector, favourable regulative policies and rising adoption of the modern agricultural practices in the region.
The in-demand research report “Plant Growth Regulators Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012 to 2016 and Forecast 2017 to 2023” prepared by Precision Business Insights (PBI) provides access to a comprehensive analysis of the market performance, dynamics and trends on the global and regional scales. The publication includes relevant data on the market size, value, volume, shares and segmentation; describes the historical background during 2012-2016 and outlines future growth prospects through to 2023. It also covers the main market growth drivers, restraints and challenges; discusses current and emerging trends and identifies emerging growth opportunities. Moreover, the report is a reliable source of data on the competitive landscape, includes info on the leading companies, covers the most recent developments and product launches. Future forecasts for the market through 2023 are also available in this report.
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