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Plant Activator Market to Reach $1.38 Billion by 2034, Growing at a 5.8% CAGR
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Growing Incorporation of Plant Activators as Ecologically Friendly Substitutes for Traditional Pesticides and Fertilizers
Growing Incorporation of Plant Activators as Ecologically Friendly Substitutes for Traditional Pesticides and Fertilizers
Fact.MR, a market research and competitive intelligence provider, through its newly published analysis, reveals that revenue from the plant activator marketis approximated to reach US$ 785.6 million in 2024 and advance at a CAGR of 5.8% through 2034.
Plant activators that are biological, or derived from natural sources, are growing in popularity. The market for plant activators is expanding as farmers choose more environment-friendly alternatives to conventional pesticides and fertilizers. To increase crop resilience to pests and diseases, plant activators are introduced to integrated pest management (IPM) techniques in place of just relying on synthetic insecticides. To produce new and effective plant activators that specifically target crops and stress circumstances such as drought or salt, firms are investing in market research and development. With the increased demand for organic produce, it is becoming vital to use plant activators to sustainably boost yields and plant health.
Key Takeaways from the Market Study:
“Plant activators are used in conjunction with smart technologies, including data analytics and the Internet of Things to increase product demand,” says a Fact.MR analyst.
Regional Farming Practices and Environmental Factors Positively Impacting Market Patterns
As customers are aware of and demand sustainably produced food, the market for plant activators is shifting toward treatments that boost crop quality and yield without leaving behind dangerous residues. Market trends are also influenced by environmental conditions and regional farming practices, leading to a wide range of applications and formulas tailored to specific needs. The introduction of sustainable agriculture practices and the increasing need for higher crop yields will drive the industry's development. As the world's population grows and the demand for higher agricultural output and environmentally conscious farming methods becomes more pressing, plant activators become indispensable tools.
Plant Activator Industry News:
Key players in the plant activator industry are increasingly focusing on natural-source products, such as microbial components and botanical extracts, aligning with the global shift toward eco-friendly farming practices. Integrated solutions that combine multiple modes of action, such as activating systemic acquired resistance (SAR) and promoting plant growth with rhizobacteria (PGPR), are gaining popularity due to their holistic approach to enhancing crop health. These advancements support sustainable agriculture while improving plant resilience to environmental stressors.
To expand its product portfolio, Italian biostimulant company Valagro acquired French microbial-based plant activator specialist MicroBioControl in October 2023. Similarly, BASF introduced RhizoVital Zn, a zinc-infused biobased plant activator, in September 2023. This innovative product aims to improve crop resilience against salinity, heat stress, and drought, further demonstrating the industry's commitment to sustainable and effective agricultural solutions.
Leading Players Driving Innovation in the Plant Activator Market:
Key industry participants like Syngenta Crop Protection AG; BASF SE; Plant Health Care plc; Arysta LifeScience Corporation; NIHON NOHYAKU CO.,LTD; Certis USA L.L.C.; Futureco Bioscience; NutriAg Group Ltd.; Eagle Plant Protect Private Limited.; Excel Crop Care Ltd.; Jaivik Crop Care LLP; NACL Industries Ltd.; Koppert; Agrauxine. etc. are driving the plant activator industry.
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More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the plant activator market for 2019 to 2023 and forecast statistics for 2024 to 2034.
The study divulges the plant activator market based on source (biological, synthetic), form (liquid, dry), application (foliar spray, soil treatment, seed treatment, water drenching), crop (cereals & grains, pulses & oil crops, fruits & vegetables, ornamental & turf), across seven major regions of the world (North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, and MEA).
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A plant activator is a substance that enhances plant growth and resilience, often derived from natural sources, and is used as an alternative to traditional pesticides and fertilizers.
CAGR stands for Compound Annual Growth Rate, which represents the mean annual growth rate of an investment over a specified time period longer than one year.
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