Global plant growth regulators market is expected to exceed USD 6 billion by 2020, according to a new study by Grand View research, Inc. High allopathic medicine price is a key reason for growing herbal medicines demand which is expected to positively impact plant growth regulators market. Plant growth regulators are expected to witness significant growth in demand owing to its use in cotton metabolism in light of the growing cotton textile industry.
Cytokinins were the widest used plant growth regulators with market revenue exceeding USD 1.25 billion in 2013 owing to extensive use in herbal medicines. Increasing concerns regarding farmer profitability is expected to result in shift from conventional farming to organic farming which will provide favorable market opportunities. To request a sample copy or view summary of this report, click the link below: http://www.grandviewresearch.com/industry-analysis/plant-growth-regulators-market Further key findings from the study suggest:
For the purpose of this study, Grand View Research has segmented the global plant growth regulators market on the basis of product and region: Plant Growth Regulators Product Outlook (Revenue, USD Million, 2012 - 2020) • Cytokinins • Auxins • Others (Gibberellins and Mepiquat Chloride) Plant Growth Regulators Regional Outlook (Revenue, USD Million, 2012 - 2020) • North America • Europe • Asia Pacific • RoW About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy. Contact: Sherry James Corporate Sales Specialist, U.S.A. Grand View Research, Inc. United States Phone:1-415-349-0058 Toll Free:1-888-202-9519 Email:[email protected] Website: Grand View Research Blog Site: http://grandviewresearchinc.kinja.com/
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