South America Plant Growth Regulators Market Size

Statistics for the 2023 & 2024 South America Plant Growth Regulators market size, created by Mordor Intelligence™ Industry Reports. South America Plant Growth Regulators size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of South America Plant Growth Regulators Industry

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Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 5.60 %
Market Concentration High

Major Players

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*Disclaimer: Major Players sorted in no particular order

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South America Plant Growth Regulators Market Analysis

South America Plant Growth Regulators Market is projected to grow at a CAGR of 5.6% during the foreccast period (2020-2025). The increase in demand for sustainable agricultural practises is driving the market growth for plant growth regulators in the region. Less awareness among the farmers about the use and application of plant growth regulators is restraining the growth of the market. Cereals and oilseeds are the major consumers of plant growth regulators followed by fruits & Vegetables in the region.

South America Plant Growth Regulators Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)