India plant growth regulators market stood at over $ 6.1 million in 2017 and is projected to surpass $ 6.8 million by 2023. Plant growth regulators market is expected to grow steadily during the forecast period due to rising inclination of farmers towards agrochemicals to increase crop protection and provide better crop nutrition. Moreover, increasing adoption of biopesticides and rising preference towards environment friendly plant growth regulators and better agriculture practices are anticipated to further boost demand for plant growth regulators in India. Additionally, increasing emphasis on sustainable yet effective approaches supporting targeted release of active compounds into the plant species coupled with expanding adoption of integrated crop management practices are anticipated to fuel growth in India plant growth regulators market in the coming years.  

Years considered for this report:

Historical Years: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2019-2023

Objective of the Study:

• To analyze and forecast India plant growth regulators market size.
• To define, classify and forecast India plant growth regulators market on the basis of product type, crop type, chemical formulation and regional distribution.
• To scrutinize the detailed market segmentation and forecast the market size, in terms of value, on the basis of region by segmenting India plant growth regulators market into four regions, namely, North, South, East and West.
• To identify tailwinds and headwinds for India plant growth regulators market.
• To evaluate competitor pricing, average market selling prices and trends in India plant growth regulators market.
• To strategically profile leading players operating in India plant growth regulators market.

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Some of the major players operating in India plant growth regulators market are TATA Chemicals Ltd., Godrej Agrovet Limited, Bayer Crop Science Limited, Krishi Rasayan Pvt. Ltd., Dhanuka Agritech Limited, Growtech Agri Science and Research Private Limited, Sadguru Chemicals & Fertilizers, Varsha Bioscience and Technology India Pvt. Ltd., Aristo Biotech And Life Science Pvt. Ltd., and Bharat Rasayan Limited.

TechSci Research performed primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of plant growth regulators companies in India. 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 was able to include companies that could not be identified due to the limitations of secondary research. TechSci Research analyzed product offerings, end user, and regional presence of all major plant growth regulators suppliers across India.

TechSci Research calculated India plant growth regulators market size using a bottom-up approach, where manufacturers’ value sales data for different product types was recorded as well as forecast for the future years. Secondary sources such as Company Annual Reports, Ministry of Corporate Affairs, Ministry of Agriculture and Farmers Welfare, World Bank, Press Releases, Industry Magazines, Industry Reports, News Dailies, Credible Paid Databases, Proprietary Databases, etc., were also studied by TechSci Research.

Key Target Audience:

• Plant growth regulators manufacturers, suppliers and end users
• Associations, organizations and alliances related to plant growth regulators market
• Government bodies such as regulating authorities and policy makers
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as plant growth regulators manufacturers, distributors, dealers and policy makers. The study would also help them in deciding which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth of the market.

Report Scope:

In this report, India plant growth regulators market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Market, by Product Type:
• Cytokinin
• Gibberellins
• Auxins Plant
• Ethylene
• Others
• Market, by Crop Type:
• Fruits and Vegetables
• Ornamentals
• Grains and Pulses
• Others
• Market, by Chemical Formulation:
• IAA
• IBA
• GA1
• GA4
• Kinetin
• Zeatin
• Others
• Market, by Region:
• North
• South
• East
• West
• Market, by Company:
• TATA Chemicals Limited
• Godrej Agrovet Limited
• Bayer Crop Science Limited
• Krishi Rasayan Pvt . Ltd.
• Dhanuka Agritech Limited
• Others

Competitive Landscape

Competition Benchmarking: Benchmarking of leading 10 players on the basis of product type.

Voice of Customer: Customer Analysis by considering parameters, such as Brand Awareness, Purchase Decision Influencers, Brand Satisfaction and Challenges and unmet needs.

Company Profiles: Detailed analysis of the major companies present in India plant growth regulators market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Channel Partner Analysis

• Detailed list of distributors and dealers across the country.

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Product Information

• Detailed analysis of new products in the market and their driving forces in the market.