Plant Growth Regulators Market to reach US$ 9.7 bn by 2025 Plant Growth Regulators Market

Plant Growth Regulators Market to grow at 8.5%
CAGR from 2018 to 2025: Global Market Insights Inc.
Plant Growth Regulators (PGR) Market to exceed USD 9.7 billion by 2025. Global
PGR market will be driven by increasing investment in the agricultural sector. Europe
Union is planning to invest approximately USD 426 billion in the coming years under
its Common Agricultural Policy (CAP). This increased investment in agriculture shall
fuel the PGR demand over the forecast duration. Moreover, agricultural land in
Europe is decreasing due to commercial and industrial development projects, which
has impelled governments to encouraging the usage of plant growth regulators for
enhancing the yield within available arable land.
Low awareness about PGR in emerging economies is likely to hamper the plant
growth regulators market demand during the forecast period. Moreover, due to
limited product knowledge, consumers use it excessively which affects the product
quality and marketability.
Plant Growth Regulators Market
Ethylene plant growth regulators market shall grow with highest CAGR during the
forecast period. This can be attributed to the increasing fruit farming across the
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