Plant Growth Regulators Market Analysis and Future Growth, Forecast 2029
Surge in research and development activities is expected to drive the Global Plant Growth Regulators Market growth in the forecast period, 2025-2029. According to TechSci Research report, “ Plant Growth Regulators Market - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029 ”, the Global Plant Growth Regulators Market stood at USD3.17 billion in 2023 and is anticipated to grow with a CAGR of 4.27% in the forecast period, 2024-2029. Initiatives taken by government based on plant growth regulators has led to favorable market conditions for the Global Plant Growth Regulators Market. Several factors contribute to the growth of various plant growth regulators products. In the United States, the Environmental Protection Agency (EPA) plays a vital role in safeguarding the environment by regulating the use of Plant Growth Regulators (PGRs). These regulatory measures ensure that the application and utilization of PGRs, such as the pesticide Chlormequat chlor...