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Africa Plant Growth Regulators Market - Shares, Forecasts and Trends (2020 - 2025)

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Market Insights

The Africa plant growth regulators market is estimated to grow at the CAGR of 5.6% over the forecast period and the market value is expected to reach USD 320.7 million by 2022.

Market Dynamics

The mounting importance and activities related to organic farming are the major driving force behind the expansion of the plant growth regulators industry. Cost effectiveness as compared to other agrochemicals is identified as the major opportunity for the industry. The popularity of agricultural chemical inputs and less awareness among farmers are obstacles to the market.

Market Segmentation

Among all the growth regulators, cytokinins are widely consumed and account for around 40% of the market share. They are also the fastest growing segment as they enhance stress tolerance and stimulate protein synthesis. Auxin is the second largest segment and the consumption is expected to expand with demand for medicinal plants and growth in turf and landscaping. Cereals and oilseeds are the major consumers of plant growth regulators followed by fruits & vegetables.

The African plant growth regulators market demand is led by agricultural countries like South Africa and Egypt. South Africa accounts for a majority of the market share and the country shall also exhibit the highest growth rate.

Key Industry Players

Companies are targeting the African region for future growth of the industry. Investment in R&D for cheap and effective products is the major strategy adopted by market leaders. They are also focused on new product launches to cater to a wider consumer base and expand market share.

Major players accounting for substantial market share in the African region are:

  • BASF SE
  • Bayer Crop Science
  • DuPont
  • Syngenta AG
  • Tata Chemicals Limited
  • Crop Care Ltd.

Key Deliverables in the Study:

  • Market analysis for the Africa plant growth regulators market, with region specific assessments and competition analysis on a regional scale.
  • Market definition along with the identification of key drivers and restraints
  • Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a regional scale.
  • Extensively researched competitive landscape section with profiles of major companies along with their market shares.
  • Identification and analysis of the macro and micro factors that affect the Africa plant growth regulators market on a regional scale.
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
  • Wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
  • Insights into the major countries/regions in which this industry is growing and identifying the regions which are still untapped.

1. Introduction

                1.1 Key Deliverables of the Study

                1.2 Study Assumptions

                1.3 Market Definition

2. Research Approach & Methodology

                2.1 Introduction

                2.2 Research Designs

                2.3 Study Timelines

                2.4 Study Phases

                                2.4.1 Secondary Research

                                2.4.2 Discussion Guide

                                2.4.3 Market Engineering and Econometric Modelling

                                2.4.4 Expert Validation

3. Key Findings of the Study

4. Market Dynamics

                4.1 Drivers 

                                4.1.1 Expansion of Organic Food Industry

                                4.1.2 Increased Emphasis on Sustainable Farming

                4.2 Constraints

                                4.2.1 Popularity of Agricultural Chemical Inputs

                                4.2.2 Less Awareness among Farmers

                4.3 Opportunities

                                4.3.1 Cost Effectiveness

                4.4 Porter's Five Forces Analysis

                                4.4.1 Bargaining Power of Suppliers

                                4.4.2 Bargaining Power of Buyers

                                4.4.3 Threat of New Entrants

                                4.4.4 Threat of Substitute Products and Services

                                4.4.5 Degree of Competition

5. Market Segmentation

                5.1 By Type

                                5.1.1 Cytokinins

                                5.1.2 Auxins

                                5.1.3 Gibberellins

                                5.1.4 Others (Mepiquate Chloride Etc.) 

                5.2 By Application

                                5.2.1 Crop-Based

                                                5.2.1.1 Grains & Cereals

                                                5.2.1.2 Oilseeds

                                                5.2.1.3 Fruits & Vegetables

                                5.2.2 Non-Crop-Based

                                                5.2.2.1 Turf & Ornamental Grass

                                                5.2.2.2 Others

                5.3 By Geography

                                5.3.1 Africa

                                                5.3.1.1 Egypt

                                                5.3.1.2 South Africa

                                                5.3.1.3 Others

6. Competitive Landscape

                6.1 Most Adopted Strategies

                6.2 Most Active Companies in the Past Five Years

                6.3 Market Share Analysis

7. Company Profiles

                7.1 Bayer Crop Science

                7.2 BASF SE

                7.3 DuPont

                7.4 Nufarm Ltd.

                7.5 FMC Corporation

                7.6 DoW Chemical 

                7.7 Syngenta AG 

                7.8 Tata Chemicals Limited 

                7.9 Crop Care Ltd.

                7.10 Barclay Crop Protection

                7.11 Sumitomo Chemical Australia Pvt. Ltd.

                7.12 Chemtura AgroSolutions

                7.13 Valent BioSciences Corporation

List of Tables

1: Africa Plant Growth Regulator Market Revenues, by Country, 2013-2021 (USD million)

2: South Africa Plant Growth Regulator Market Revenue, by Type, 2013-2021 (USD million)

3: Egypt Plant Growth Regulator Market Revenue, by Type, 2013-2021 (USD million)

4: Other Plant Growth Regulator Market Revenue, by Type, 2013-2021 (USD million)

5: Africa Plant Growth Regulator Market Revenue, by Type, 2013-2021 (USD million)

6: Africa Cytokinins Plant Growth Regulator Market Revenue, by Country, 2013-2021 (USD million)

7: Africa Auxins Plant Growth Regulator Market Revenue, by Country, 2013-2021 (USD million)

8: Africa Gibberlins Plant Growth Regulator Market Revenue, by Country, 2013-2021 (USD million)

9: Africa Other Plant Growth Regulator Market Revenue, by Type, 2013-2021 (USD million)

10: Africa Plant Growth Regulator Market Revenues, by Crop Type, 2013-2021 (USD million)

11: South Africa Plant Growth Regulator Market Revenues, by Crop Type, 2013-2021 (USD million)

12: Egypt Plant Growth Regulator Market Revenues, by Crop Type, 2013-2021 (USD million)

13: Others Plant Growth Regulator Market Revenues, by Crop Type, 2013-2021 (USD million)

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