Plant Activators Market Size, Share, Opportunities, And Trends By Crop Type (Pulses, Cereals & Grains, Fruits & Vegetables, Oilseeds, Others), By Source (Biological, Chemical), And By Geography - Forecasts From 2024 To 2029

The global plant activators market is expected to grow at a CAGR of 5.81%, reaching a market size of US$1,321.143 million in 2029 from US$889.938 million in 2022.

The primary factor propelling the plant activators market expansion is the notable reduction in crop yield resulting from diverse biotic and abiotic stress factors, including pest infestation, dry spells, high temperatures, and bacterial and fungal illnesses. The advancement of agricultural technologies and the growing use of integrated pest management techniques are also driving market expansion. Another factor behind the global increase in sales of plant activators is the rising cost of farming, especially in developed countries. Great success awaits the market vendors operating here as the sector continues to attract more interest from investors due to rising awareness of benefits associated with Plant Activators.

Global Plant Activators Market Drivers

• Increasing usage of fertilizers

Diverse nutrients increase plant yield, maintain global food security, and improve fertilizer efficiency. Micronutrients are the third class of vital crop nutrients. These contribute to the general health and development of plants. They support vital plant functions and growth, producing nutrient-rich food for people and animals. Micronutrients frequently insufficient for crop growth include boron, chlorine, copper, iron, manganese, molybdenum, and zinc. As a result of this growing need for fertilizers, the market for plant activators will expand.

• Rising government regulations

Governments everywhere aim to grow the agriculture industry. Policies like the Indian government's Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) will support this expansion. Through the Scheme, all farmer families nationwide will receive income support of Rs. 6000/- per year in three equal installments of Rs. 2000/- every four months. This financial support will allow the farmers to concentrate more on farming. Additionally, the market for plant activators will expand along with the agricultural sector.

• Increasing demand for fruits and vegetables

Important nutrients, including calcium, fiber, folate, iron, magnesium, potassium, and others, can be found in abundance in fruits and vegetables.  It is necessary to ingest the two main categories of essential nutrients- either carbs or unsaturated lipids; from this basis, it can be considered that proteins must also be consumed. However, these essential requirements can only be provided by diet because they do not exist outside it; vitamins, on the other hand, contain minerals unlike protein, plus more complex sugar molecules such as antibiotics or toxin agencies, which produce energy and other needed substances.

• Increasing need for pest control

Plant activators market growth is expected to be driven primarily by increased agricultural expenditures to improve crop yields and a rise in crop losses caused by increased pest attacks throughout the outlook period. Using contemporary agricultural technologies to increase crop yields is anticipated to propel market expansion over the forecast period. The global market for plant activators is expected to grow as long as producers in the industry continue to concentrate their efforts on creating novel products that work with a range of crop species. Additionally, the plants cultivated there are now well-known brands in the marketplace. Furthermore, the productivity and quality of crops have decreased due to climate change, numerous pests, and diseases. As a result, there is a growing market need for products like plant activators to grow and protect plants.

• Increasing demand for chemical plant activators

Chemical plant activators often contain artificial substances that may trigger a quick and clear reaction in plants, leading to defense mechanisms or encouraging growth. Farmers looking for rapid outcomes are drawn to chemical sources because of their effectiveness and immediate impact, particularly when crops are in danger of pests or diseases. Their widespread use can be attributed to familiarity with chemical inputs, well-established manufacturing processes, and ease of application.

• Increasing application for soil treatment

Fungicides and pesticides are the main weapons used for soil treatment. Fungicides and pesticides are the main tools used to treat soil. Moreover, the treatment techniques for soil and water contaminated with pesticides include incineration, phytoremediation, photochemical processes, ultrasound-promoted remediation, and other advanced oxidation processes. The most sensible application method for fungal spores is probably soil treatment; however, this works best if the insect target has a susceptible soil phase. Fungal inoculum can be sustained over time when natural soil moisture levels are adequate to support conidial germination and mycelial growth.

• High use of foliar spray for plant protection

Foliar spray is widely used due to its capacity to send active ingredients straight to the leaves, where they can be absorbed and used quickly. It's an effective means of dealing with critical plant health matters like diseases or deficiencies in short periods. This approach also optimizes resource utilization by applying the plant activators directly to the foliage, reducing the chance of nutrient loss due to leaching.

Global Plant Activators Market Geographical Outlook

• Asia Pacific is witnessing exponential growth during the forecast period

Plant activators are becoming popular in Asia Pacific due to several factors. This has been brought about by the extensive agricultural practices within the region, increasing food demand in China and India, and the growing public awareness about their long-term benefits. 90% of the world's rice is consumed in Asia, where major crops grown include rice, sugar beet, fruits and vegetables, cereals, and grains. The direct application of micronutrients to treat plant deficiencies and their frequent spraying in combination or as additives has created a massive demand for plant activators in the Asia Pacific market. Plants use micronutrients, which are necessary elements, in small amounts. Crop uptake for most micronutrients is less than one pound per acre. Despite this low requirement, the absence of micronutrients limits critical plant functions, leading to abnormalities in the plant, decreased growth, and decreased yield.

Global Plant Activators Market Key Launches

• In October 2023, Italian biostimulant company Valagro acquired MicroBioControl, a French company specializing in microbial-based plant activators. This broadened the company's product line.

• In September 2023, RhizoVital Zn, a zinc-infused biobased plant activator designed to increase crop resilience to salinity, heat stress, and drought, was released by BASF.

Segmentation:

• By Crop Type
  • Pulses
  • Cereals & Grains
  • Fruits & Vegetables
  • Oilseeds
• By Source
  • Biological
  • Chemical
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • South Africa
    • Others
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • Others

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1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

1.8. Key Benefits to the Stakeholder

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Processes

3. EXECUTIVE SUMMARY

3.1. Key Findings

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

4.5. Analyst View

5. GLOBAL PLANT ACTIVATORS MARKET, BY CROP TYPE

5.1. Introduction

5.2. Pulses

5.2.1. Market Trends and Opportunities

5.2.2. Growth Prospects

5.2.3. Geographic Lucrativeness

5.3. Cereals & Grains

5.3.1. Market Trends and Opportunities

5.3.2. Growth Prospects

5.3.3. Geographic Lucrativeness

5.4. Fruits & Vegetables

5.4.1. Market Trends and Opportunities

5.4.2. Growth Prospects

5.4.3. Geographic Lucrativeness

5.5. Oilseeds

5.5.1. Market Trends and Opportunities

5.5.2. Growth Prospects

5.5.3. Geographic Lucrativeness

6. GLOBAL PLANT ACTIVATORS MARKET, BY SOURCE

6.1. Introduction

6.2. Biological

6.2.1. Market Trends and Opportunities

6.2.2. Growth Prospects

6.2.3. Geographic Lucrativeness

6.3. Chemical

6.3.1. Market Trends and Opportunities

6.3.2. Growth Prospects

6.3.3. Geographic Lucrativeness

7. GLOBAL PLANT ACTIVATORS MARKET, BY GEOGRAPHY

7.1. Introduction

7.2. North America

7.2.1. By Crop Type

7.2.2. By Source

7.2.3. By Country

7.2.3.1. USA

7.2.3.1.1. Market Trends and Opportunities

7.2.3.1.2. Growth Prospects

7.2.3.2. Canada

7.2.3.2.1. Market Trends and Opportunities

7.2.3.2.2. Growth Prospects

7.2.3.3. Mexico

7.2.3.3.1. Market Trends and Opportunities

7.2.3.3.2. Growth Prospects

7.3. South America

7.3.1. By Crop Type

7.3.2. By Source

7.3.3. By Country

7.3.3.1. Brazil

7.3.3.1.1. Market Trends and Opportunities

7.3.3.1.2. Growth Prospects

7.3.3.2. Argentina

7.3.3.2.1. Market Trends and Opportunities

7.3.3.2.2. Growth Prospects

7.3.3.3. Others

7.3.3.3.1. Market Trends and Opportunities

7.3.3.3.2. Growth Prospects

7.4. Europe

7.4.1. By Crop Type

7.4.2. By Source

7.4.3. By Country

7.4.3.1. UK

7.4.3.1.1. Market Trends and Opportunities

7.4.3.1.2. Growth Prospects

7.4.3.2. Germany

7.4.3.2.1. Market Trends and Opportunities

7.4.3.2.2. Growth Prospects

7.4.3.3. France

7.4.3.3.1. Market Trends and Opportunities

7.4.3.3.2. Growth Prospects

7.4.3.4. Italy

7.4.3.4.1. Market Trends and Opportunities

7.4.3.4.2. Growth Prospects

7.4.3.5. Others

7.4.3.5.1. Market Trends and Opportunities

7.4.3.5.2. Growth Prospects

7.5. Middle East and Africa

7.5.1. By Crop Type

7.5.2. By Source

7.5.3. By Country

7.5.3.1. Saudi Arabia

7.5.3.1.1. Market Trends and Opportunities

7.5.3.1.2. Growth Prospects

7.5.3.2. South Africa

7.5.3.2.1. Market Trends and Opportunities

7.5.3.2.2. Growth Prospects

7.5.3.3. Others

7.5.3.3.1. Market Trends and Opportunities

7.5.3.3.2. Growth Prospects

7.6. Asia Pacific

7.6.1. By Crop Type

7.6.2. By Source

7.6.3. By Country

7.6.3.1. Japan

7.6.3.1.1. Market Trends and Opportunities

7.6.3.1.2. Growth Prospects

7.6.3.2. China

7.6.3.2.1. Market Trends and Opportunities

7.6.3.2.2. Growth Prospects

7.6.3.3. India

7.6.3.3.1. Market Trends and Opportunities

7.6.3.3.2. Growth Prospects

7.6.3.4. Australia

7.6.3.4.1. Market Trends and Opportunities

7.6.3.4.2. Growth Prospects

7.6.3.5. Others

7.6.3.5.1. Market Trends and Opportunities

7.6.3.5.2. Growth Prospects

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Competitive Dashboard

9. COMPANY PROFILES

9.1. Syngenta

9.2. Nutra-Park

9.3. Futereco Bioscience

9.4. Eagle Plant Protect Pvt. Ltd.

9.5. Gowan

9.6. Arysta LifeScience

9.7. NUTRI AG

9.8. Jaivik Crop Care LLP

9.9. Certis USA

Syngenta

Nutra-Park

Futereco Bioscience

Eagle Plant Protect Pvt. Ltd.

Gowan

Arysta LifeScience

NUTRI AG

Jaivik Crop Care LLP

Certis USA