Below are some of the key findings from the plant activators market research report
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Global plant activators industry overview
One of the key factors contributing to the growth of the global plant activators market is the advances in sustainable pest management. At present, there is a constant focus on enhancing the economic, social, and environmental sustainability in the agriculture sector by creating awareness among farmers, which will also enable them to improve the crop protection without the use of chemical fertilizers. Integrated pest management is an effective approach to achieve sustainable pest management and minimize the use of pesticide treatments by replacing them with biological practices. The growing adoption of IPM programs worldwide is attributable to the use of the latest and most comprehensive information on the life cycle of pests and their interaction with the environment.
Strategic alliances by vendors to improve competitive positioning is one of the major trends being witnessed in the global plant activators market until 2022. Vendors in the global plant activators market are forming strategic partnerships with businesses in other related markets to expand their market presence and product portfolio. These collaborations will lead to the expansion of the customer base for vendors and contribute to an increase in their revenue inflow. Owing to such factors, the market is expected to grow at a CAGR of over 7% during the forecast period.
Top plant activators companies covered in this market research report
The plant activators market is moderately fragmented. By offering a complete analysis of the market's competitive landscape and with information on the products offered by the companies, this plant activators industry analysis report will aid clients to identify new growth opportunities and plan better strategies.
The report offers a complete analysis of various companies including:
- Alltech
- Isagro
- NutriAg
- Plant Health Care
- Syngenta
Plant activators market segmentation based on geographic regions
- Americas
- APAC
- EMEA
With a complete study of the growth opportunities for the companies, the EMEA region will account for the highest growth of plant activators market throughout the forecast period. EMEA led the market in 2017 with a market share of nearly 39%. The region is expected to dominate the market through 2022, with an increase in its market share.
Plant activators market segmentation based on product
- Biological
- Synthesized
The biological segment will account for the highest growth in the market. The biological segment held the largest market share in 2017, accounting for nearly 63% of the market. This product segment is expected to dominate the global market throughout the forecast period. Additionally, the report also provides an accurate prediction of the contribution of the various products segments to the growth of the plant activators market size.
Key highlights of the global plant activators market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the plant activators market during the next five years
- Precise estimation of the global plant activators market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the plant activators industry across the Americas, APAC, and EMEA
- A thorough analysis of the market's competitive landscape and detailed information on several vendors
- Comprehensive details on the factors that will challenge the growth of plant activators companies
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