PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1518485
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1518485
Cytokinins Market - By Type (Adenine-Type, & Phenyl-Type), By Function (Cell Division Stimulation, Senescence, Flowering Induction, Plant Biotechnology), By End User (Agriculture, Horticulture, Consumer Sector), & Forecast, 2024 - 2032
Global Cytokinins Market size will record a 7.4% CAGR between 2024 and 2032, driven by increasing awareness about plant health and nutrition coupled with the rising adoption of biotechnology in agriculture. As growers prioritize sustainable practices and seek solutions to enhance crop yields and quality, cytokinins are becoming integral. These plant hormones play a pivotal role in promoting growth, improving stress tolerance, and optimizing nutrient uptake efficiency. The convergence of advanced biotechnological innovations and heightened focus on plant nutrition underscores cytokinins' importance in modern agricultural practices across diverse crop types.
The cytokinins industry is segmented based on type, function, end user, and region.
The horticulture segment will amass notable gains by 2032, attributed to its critical role in promoting plant growth, enhancing crop yields, and improving the quality of fruits, vegetables, and ornamental plants. Cytokinins are extensively used in horticulture for cell division, shoot formation, and delaying leaf senescence, leading to healthier and more productive plants. The increasing demand for high-value horticultural crops and the adoption of advanced agricultural practices drive the significant growth of the horticulture segment in the cytokinins market.
The senescence segment will establish a considerable foothold by 2032 due to the critical role cytokinins play in delaying the aging process in plants. By preventing leaf yellowing and prolonging photosynthetic activity, cytokinins enhance plant vitality and productivity. This is particularly valuable for extending the shelf life of fruits, vegetables, and ornamental plants. The agricultural and horticultural industries' growing focus on maximizing crop quality and yield, along with the increasing adoption of advanced plant growth regulators, bolsters the prominence of the senescence segment in the market.
Europe cytokinins industry share will achieve a remarkable CAGR from 2024 to 2032, owing to its advanced agricultural practices and significant investment in biotechnology. The region's strong focus on sustainable farming and high crop yields drives demand for cytokinins, essential for plant growth and development. Additionally, supportive government policies and research initiatives in plant biology further enhance the adoption of these growth regulators. Europe's commitment to innovation and sustainability in agriculture solidifies its leading position as a vital contributor to the global cytokinins market.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market scope & definition
- 1.2 Base estimates & calculations
- 1.3 Forecast calculation
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
Chapter 2 Executive Summary
- 2.1 Industry 360 degree synopsis
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Key manufacturers
- 3.1.2 Distributors
- 3.1.3 Profit margins across the industry
- 3.2 Industry impact forces
- 3.2.1 Growth drivers
- 3.2.2 Market challenges
- 3.2.3 Market opportunity
- 3.2.3.1 New opportunities
- 3.2.3.2 Growth potential analysis
- 3.3 Raw material landscape
- 3.3.1 Manufacturing trends
- 3.3.2 Technology evolution
- 3.3.2.1 Sustainable manufacturing
- 3.3.2.1.1 Green practices
- 3.3.2.1.2 Decarbonization
- 3.3.2.1 Sustainable manufacturing
- 3.3.3 Sustainability in raw materials
- 3.3.4 Raw material pricing trends (USD/Ton)
- 3.3.4.1 U.S.
- 3.3.4.2 European Union
- 3.3.4.3 UK
- 3.3.4.4 China
- 3.3.4.5 Southeast Asia
- 3.3.4.6 GCC
- 3.4 Regulations & market impact
- 3.5 Trade statistics
- 3.6 Unmet needs
- 3.7 Porter's analysis
- 3.8 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
- 4.1 Company market share analysis
- 4.2 Competitive positioning matrix
- 4.3 Strategic outlook matrix
Chapter 5 Market Size and Forecast, By Type, 2018-2032 (USD Million, Kilo Tons)
- 5.1 Key trends
- 5.2 Adenine-type
- 5.3 Phenyl-type
- 5.4 Others
Chapter 6 Market Size and Forecast, By Function, 2018-2032 (USD Million, Kilo Tons)
- 6.1 Key trends
- 6.2 Cell division stimulation
- 6.3 Senescence
- 6.4 Flowering induction
- 6.5 Plant biotechnology
- 6.6 Others
Chapter 7 Market Size and Forecast, By End User, 2018-2032 (USD Million, Kilo Tons)
- 7.1 Key trends
- 7.2 Agriculture
- 7.3 Horticulture
- 7.4 Consumer sector
- 7.5 Others
Chapter 8 Market Size and Forecast, By Region, 2018-2032 (USD Million, Kilo Tons)
- 8.1 Key trends
- 8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
- 8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 France
- 8.3.4 Italy
- 8.3.5 Spain
- 8.3.6 Rest of Europe
- 8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 India
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 Australia
- 8.4.6 Rest of Asia Pacific
- 8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
- 8.5.3 Argentina
- 8.5.4 Rest of Latin America
- 8.6 MEA
- 8.6.1 Saudi Arabia
- 8.6.2 UAE
- 8.6.3 South Africa
- 8.6.4 Rest of MEA
Chapter 9 Company Profiles
- 9.1 AgBiTech Pty Ltd
- 9.2 BASF SE
- 9.3 Bayer AG
- 9.4 Corteva Agriscience
- 9.5 FMC Corporation
- 9.6 Gowan Company LLC
- 9.7 Isagro S.p.A.
- 9.8 Marrone Bio Innovations, Inc.
- 9.9 Novozymes A/S
- 9.10 Nufarm Limited
- 9.11 Syngenta AG
- 9.12 UPL Limited
- 9.13 Valent BioSciences Corporation
