Plant Growth Promoters Market Report 2025 (Global Edition)

Global Plant Growth Promoters Market Report 2025 Market Size Split by Form Outlook: (Liquid, Powder/Granules)

Plant Growth Promoters Market Report Description

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Impact of Tariff Trumph on Agriculture Industry

In 2025, global agricultural trade is under major strain following President Trump’s Liberation Day Tariffs, which introduced steep duties to correct trade imbalances. Tariffs now range from 10% on imports from allies like Japan to as high as 46% on Vietnamese goods and 34% on Chinese agricultural products, with a blanket 25% on agri-machinery, fertilizers, and processed foods. This has significantly raised input costs for U.S. farmers and triggered retaliatory tariffs from key partners like China, the EU, and Brazil. China’s countermeasures up to 120% on U.S. exports like soybeans, pork, and dairy—have already slashed Q1 soybean exports by 19.7%. Canada and others have also tightened import rules, compounding uncertainty.

Key agriculture sectors are struggling. Row crop farmers face slumping export prices and higher input costs, leading many to explore alternative crops and new markets in South Asia and Africa. Dairy and pork producers are dealing with oversupply and weak demand, especially from China and the EU. Fruit and vegetable growers are hit by increased spoilage and packaging costs, while food processors are seeing a 10–14% rise in unit costs due to equipment and material tariffs. Logistics firms, meanwhile, are grappling with slower exports and rising warehousing needs, pushing them to revamp inland routes and distribution strategies.

China, while not the largest exporter of agricultural goods to the U.S., is a key supplier of specific inputs like agrochemicals, additives, seafood, and processed foods. Many of these goods are also routed through intermediaries in Asia, so tariffs aimed at China disrupt broader global supply chains. U.S. agribusinesses are seeing input costs rise by up to 22%, complicating seasonal planning and tightening margins. While some are turning to alternate sourcing from India, Latin America, or Southeast Asia, challenges like logistics and compliance slow the transition.

To adapt, agribusinesses are increasingly relying on market research. It helps identify lower-risk suppliers, monitor input costs, optimize fragmented supply chains, and understand shifting consumer behaviors. Firms are also tracking regulatory changes and running scenario planning models to anticipate disruptions. Major companies are responding by reshoring supply chains, investing in local operations, and realigning exports toward tariff-exempt markets. The most resilient players are those using real-time data and strategic foresight to reconfigure operations and maintain competitiveness amid ongoing trade volatility.

Competitive Landscape of the Plant Growth Promoters Market

The plant growth promoters market is highly competitive, with several global and regional players offering a wide range of products. Major companies like BASF, Syngenta, and Bayer dominate the market due to their extensive research and development capabilities, strong distribution networks, and established brand presence. New entrants and smaller companies are also innovating by introducing eco-friendly, organic PGPs. The market is driven by technological advancements and the increasing shift towards sustainable farming practices, leading to intense competition.

In March 2023, Sumitomo Chemical India Ltd., unveiled Promalin, a cutting-edge plant growth regulator, in Shimla, Himachal Pradesh. Specifically targeting horticultural crops, Promalin is now available in 1-liter and 500-ml packaging. Initially launched across Himachal Pradesh and Jammu & Kashmir, the product has been designed to address the needs of fruit growers in these regions, enhancing both quality and yield. (Source: https://sumichem.co.in/blog/promalin-plant-growth-regulator-launched-by-sumitomo-chemical.php) In June 2022, Valent Canada Inc., a renowned agricultural solutions provider, extended its strategic partnership with Nufarm Agriculture Inc., an Australian agribusiness leader. This collaboration aims to enhance Valent’s distribution network across Canada, ensuring wider accessibility of its plant growth regulators and related agricultural products. By leveraging Nufarm's robust distribution infrastructure, Valent Canada seeks to strengthen its market presence and provide Canadian farmers with innovative, high-quality solutions. (Source: https://nufarm.com/announcements/valent-and-nufarm-extend-canada-distribution-relationship/)

Top Companies Market Share in Plant Growth Promoters Industry: (In no particular order of Rank)

• BASF SE
• Syngenta AG
• Bayer CropScience AG
• Dow AgroSciences LLC
• FMC Corporation
• Novozymes A/S
• UPL Limited
• Sumitomo Chemical Co.
• Ltd.
• ADAMA Agricultural Solutions Ltd.
• Valagro S.p.A.
• BioWorks
• Inc.
• Koppert Biological Systems
• AMVAC Chemical Corporation
• Taminco (Eastman Chemical Company)
• Verdeca LLC
• Confidential Data
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Plant Growth Promoters Market

Which Region Dominates the Plant Growth Promoters Market in 2024?

According to Cognitive Market Research, North America holds the largest market share for plant growth promoters, driven by advanced agricultural practices and widespread adoption of innovative farming techniques. The U.S. and Canada lead in organic farming and sustainable agriculture initiatives, further fueling demand for PGPs. Government policies promoting environmentally friendly farming practices and extensive research on plant growth technologies support the market’s dominance in this region.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is the fastest-growing region for plant growth promoters, attributed to the increasing demand for high-quality crops in countries like India, China, and Japan. Rapid urbanization, large-scale agriculture, and government initiatives to boost food production drive market growth. The region’s growing preference for organic farming and the adoption of advanced agricultural technologies are contributing factors. Additionally, the expansion of export markets for agricultural products fuels the demand for PGPs in this region.

The current report Scope analyzes Plant Growth Promoters Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Plant Growth Promoters Market Analysis

According to Cognitive Market Research, the global plant growth promoters market size was estimated at USD 4215.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 1686.20 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.8% from 2024 to 2031.

• According to Cognitive Market Research, The United States plant growth promoters market is projected to witness growth at a CAGR of 8.6% during the forecast period, with a market size of USD 1330.41 million in 2024. Rising adoption of organic farming practices, government incentives for sustainable agriculture, and advanced technological integration drive plant growth promoters' demand.
• Canada plant growth promoters market is projected to witness growth at a CAGR of 9.6%, with a market size of USD 202.34 million in 2024. Expanding agricultural exports, focus on high-yield crops, and initiatives to combat climate change are boosting sales of plant growth promoters. Mexico plant growth promoters market is projected to witness growth at a CAGR of 9.3%, with a market size of USD 153.44 million in 2024.

Europe Plant Growth Promoters Market Analysis

According to Cognitive Market Research, the global plant growth promoters market size was estimated at USD 4215.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 1264.65 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.1% from 2024 to 2031.

• The United Kingdom plant growth promoters market is projected to witness growth at a CAGR of 9.9%, with a market size of USD 212.46 million in 2024. Strict regulations on chemical fertilizers, an increasing preference for eco-friendly solutions, and growing demand for organic food propel market growth.
• France plant growth promoters market is projected to witness growth at a CAGR of 8.3%, with a market size of USD 116.35 million in 2024. Germany plant growth promoters market is projected to witness growth at a CAGR of 9.3%, with a market size of USD 250.40 million in 2024. Rising investments in agricultural research, adoption of precision farming, and emphasis on increasing productivity through natural solutions fuel sales growth. Italy plant growth promoters market is projected to witness growth at a CAGR of 8.5%, with a market size of USD 108.76 million in 2024. Russia plant growth promoters market is projected to witness growth at a CAGR of 8.1%, with a market size of USD 196.02 million in 2024. Spain plant growth promoters market is projected to witness growth at a CAGR of 8.2%, with a market size of USD 103.70 million in 2024. Luxembourg plant growth promoters market is projected to witness growth at a CAGR of 9.2%, with a market size of USD 39.20 million in 2024. Portugal plant growth promoters market is projected to witness growth at a CAGR of 8.9%, with a market size of USD 26.56 million in 2024. Greece plant growth promoters market is projected to witness growth at a CAGR of 9.4%, with a market size of USD 15.18 million in 2024. Rest of Europe plant growth promoters market is projected to witness growth at a CAGR of 7.8%, with a market size of USD 196.02 million in 2024.

Asia Pacific Plant Growth Promoters Market Analysis

According to Cognitive Market Research, the global plant growth promoters market size was estimated at USD 4215.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 969.57 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.6% from 2024 to 2031.

• According to Cognitive Market Research, China plant growth promoters market is projected to witness growth at a CAGR of 12.1%, with a market size of USD 436.30 million in 2024. Growing population demands higher agricultural yield, government subsidies for eco-friendly inputs, and rapid adoption of innovative farming methods drive sales.
• Japan plant growth promoters market is projected to witness growth at a CAGR of 11.1%, with a market size of USD 133.80 million in 2024. India plant growth promoters market is projected to witness growth at a CAGR of 14.4%, with a market size of USD 116.35 million in 2024. A significant shift toward sustainable farming, large-scale government subsidies for eco-agriculture, and rising awareness among farmers spur sales growth. South Korea plant growth promoters market is projected to witness growth at a CAGR of 11.7%, with a market size of USD 96.96 million in 2024. Australia plant growth promoters market is projected to witness growth at a CAGR of 12.3%, with a market size of USD 50.42 million in 2024. South East Asia plant growth promoters market is projected to witness growth at a CAGR of 13.6%, with a market size of USD 66.90 million in 2024. Rest of Asia Pacific plant growth promoters market is projected to witness growth at a CAGR of 12.4%, with a market size of USD 68.84 million in 2024.

South America Plant Growth Promoters Market Analysis

According to Cognitive Market Research, the global plant growth promoters market size was estimated at USD 4215.5 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 210.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil plant growth promoters market is projected to witness growth at a CAGR of 10.6%, with a market size of USD 90.21 million in 2024. Rising global demand for soybeans and sugarcane, focus on sustainable farming practices, and large-scale adoption in commercial agriculture boost sales.
• Argentina plant growth promoters market is projected to witness growth at a CAGR of 10.9%, with a market size of USD 35.41 million in 2024. Expanding soybean cultivation, focus on sustainable farming, and agricultural modernization efforts contribute to increased demand for plant growth promoters. Colombia plant growth promoters market is projected to witness growth at a CAGR of 9.8%, with a market size of USD 18.76 million in 2024. Peru plant growth promoters market is projected to witness growth at a CAGR of 10.2%, with a market size of USD 17.28 million in 2024. Chile plant growth promoters market is projected to witness growth at a CAGR of 10.3%, with a market size of USD 15.18 million in 2024. Rest of Latin America plant growth promoters market is projected to witness growth at a CAGR of 9.1%, with a market size of USD 33.93 million in 2024.

Middle East Plant Growth Promoters Market Analysis

According to Cognitive Market Research, the global plant growth promoters market size was estimated at USD 4215.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 84.31 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.3% from 2024 to 2031..

• The GCC Countries plant growth promoters market is projected to witness growth at a CAGR of 11.1%, with a market size of USD 36.08 million in 2024. Desert agriculture advancements, government-driven food security initiatives, and adoption of innovative farming techniques enhance demand for plant growth promoters.
• Egypt plant growth promoters market is projected to witness growth at a CAGR of 10.6%, with a market size of USD 8.85 million in 2024. South Africa plant growth promoters market is projected to witness growth at a CAGR of 11.3%, with a market size of USD 13.32 million in 2024. Expansion in horticultural production, focus on improving crop resilience against drought, and a rise in organic farming practices drive sales. Turkey plant growth promoters market is projected to witness growth at a CAGR of 9.8%, with a market size of USD 7.25 million in 2024. Nigeria plant growth promoters market is projected to witness growth at a CAGR of 9.4%, with a market size of USD 8.85 million in 2024. Rest of MEA plant growth promoters market is projected to witness growth at a CAGR of 9.3%, with a market size of USD 9.95 million in 2024.

Plant Growth Promoters Market Analysis

Segment Analysis of Plant Growth Promoters Market

We have defined the scope of the Plant Growth Promoters market in the agriculture industry through comprehensive primary and secondary research methodologies. The type segment/horizontal segment analysis of the Plant Growth Promoters market offers detailed insights into key leading segments, their revenue, and market share, along with the factors contributing to their dominance at both global and regional levels.

Additionally, we provide revenue trends and year-over-year (Y-O-Y) growth for each segment, backed by detailed qualitative analysis. The Plant Growth Promoters market types/products segment analysis enables clients to expand into new agricultural markets and diversify their customer base, helping to create additional revenue streams and strengthen their competitive position. We also offer customized research scopes based on specific client requirements. For any inquiries or further details, please connect with our research team.

of Plant Growth Promoters analyzed in this report are as follows:

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Plant Growth Promoters Industry. Request a Free Sample PDF!

Segment Analysis of Plant Growth Promoters Market

The agriculture industry is one of the most dynamic sectors, driven by traditional and advanced technologies, evolving farmers approach along with demands, and regulatory compliance. In this chapter, we have included the Plant Growth Promoters market size, revenue share, and growth rate for each commodity segment at both global and regional levels.

Additionally, we offer a qualitative analysis of the key drivers and restraints shaping the growth of the Plant Growth Promoters market. This section provides valuable insights into agriculture industry trends, challenges, and technological advancements. By utilizing this analysis, all type of production and distribution of agricultural businesses can develop strategic plans and make well-informed decisions to maintain a competitive edge in a rapidly evolving market.

Some of the key of Plant Growth Promoters are:

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Plant Growth Promoters Form Outlook: Segment Analysis

Plant Growth Promoters Market Form Segment Analysis

According to Cognitive Market Research, the liquid segment holds the largest share of the market. Liquid plant growth promoters are easy to apply, ensuring uniform distribution and faster absorption by plants. Their versatility in various agricultural practices, such as foliar spraying and soil applications, contributes to their widespread adoption. The growing demand for efficient, user-friendly products in commercial farming further solidifies the liquid segment's dominance in the plant growth promoters market.

In the plant growth promoters market, the powder/granules has been expanding at a rapid pace. The powder and granules form of plant growth promoters offer long shelf life and convenient storage, making them attractive to farmers. These forms are especially beneficial for controlled-release applications, allowing for sustained nutrient delivery. As the trend towards precision agriculture and cost-effective solutions increases, demand for powder and granule-based growth promoters continues to rise, driving rapid market expansion.

• Liquid
• Powder/Granules

Author's Detail

Pratik Shirsath

Research Associate at Cognitive Market Research

LinkedIn

Profile

Pratik Shirsath is an accomplished Research Analyst with extensive expertise in the agriculture sector, bringing over one years of experience in market research and analysis. Pratik specializes in secondary research, competitive benchmarking, and data-driven insights that empower organizations to make strategic decisions and achieve their goals.

In his current role, Pratik leads research projects focused on the agriculture sector, driving initiatives that identify emerging market trends, assess competitive landscapes, and uncover growth opportunities. His proficiency in designing effective research methodologies and translating complex data into actionable strategies has consistently supported his organization’s objectives.

Pratik's dedication to delivering high-quality research and his in-depth knowledge of the agriculture industry have made him a trusted resource for his team and stakeholders. Passionate about innovation and sustainability in agriculture, he remains committed to advancing his expertise to navigate the evolving challenges and opportunities in the sector.

Author's Conclusion