The Brazil plant growth regulators (PGRs) market size reached USD 86.83 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 176.46 Million by 2033, exhibiting a growth rate (CAGR) of 8.20% during 2025-2033. The market is driven by rising agricultural productivity demands, increasing adoption of organic farming, favorable government incentives for sustainable agriculture, growing awareness regarding crop quality and yield, continual technological advancements in agriculture and PGR formulations, escalating demand for bio-based PGRs, and significant growth in floriculture and ornamental plant sectors.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 86.83 Million |
Market Forecast in 2033 | USD 176.46 Million |
Market Growth Rate (2025-2033) | 8.20% |
Rising adoption of eco-friendly farming practices
The increasing adoption of eco-friendly agricultural practices is significantly boosting the Brazil plant growth regulators (PGRs) market share, as the agricultural sector is making significant strides towards sustainable crop management. According to reports, around 36% of Brazil's cultivated land, which translates to about 84 million hectares, has incorporated biological inputs. This development is an indication of the increasing use of sustainable agricultural practices by Brazilian farmers. With farmers inclined to find solutions that boost resilience and productivity while reducing harm to the environment, PGRs, especially the bio-based variants, are considered an easy solution. They cause growth induction, and stress tolerance, and improve crop quality without using the traditional chemical fertilizers and pesticides that are detrimental to the environment. By applying PGRs, eco-friendly farming improves water and nutrient efficiency, resulting in healthier and more sustainable crops. In addition, the government of Brazil has adopted several policies and incentives that favor sustainable agricultural practices. With consumers becoming more eco-conscious, the introduction of PGRs will be pushed forward, creating a positive market demand. This has accelerated the shift towards eco-friendly farming practices, boosted the Brazil plant growth regulators (PGRs) market growth, and strengthened the growth of sustainable and bio-based PGR products targeting environmental concerns.
Significant growth in the agrochemical industry
The agrochemical industry in Brazil is consistently growing, leading to an increased demand for innovative solutions to improve agricultural productivity. Brazil is one of the major agricultural economies globally, with a growing industry that continues to expand due to escalating food demand, extensive crop cultivation, and technological progress. This has resulted in an increased adoption of PGRs for specific enhancements in crops like higher growth rates, improved resilience to environmental pressures, and higher yields. For example, Bayer estimates its Intacta2 Xtend genetically modified soybean seeds will account for around 30% of Brazil's soybean plantings in the 2024/25 crop year, double the share a year earlier. This has resulted in an increased adoption of PGRs for specific enhancements in crops like higher growth rates, improved resilience to environmental pressures, and higher yields. Furthermore, Brazilian agrochemical firms are heavily focusing on research and development (R&D) activities for specialized production, such as bio-based and sustainable PGR alternatives, that meet the needs of modern agriculture. It also meets the needs of farmers seeking PGRs to lessen reliance on conventional fertilizers and pesticides and enhance crop productivity. Additionally, a broad distribution network in the agrochemical industry allows for increased availability of PGRs and encourages their utilization across various agricultural areas in Brazil. Government initiatives promoting the growth of the agrochemical sector are resulting in the widespread expansion of the overall sector, leading to an increase in the need for PGRs as essential components in modern agriculture, thus enhancing the Brazil plant growth regulators (PGRs) market outlook.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region level for 2025-2033. Our report has categorized the market based on type, crop type, function, and formulation.
Type Insights:
The report has provided a detailed breakup and analysis of the market based on the type. This includes auxin, gibberellin, cytokinin, and others.
Crop Type Insights:
A detailed breakup and analysis of the market based on the crop type have also been provided in the report. This includes fruits and vegetables, cereals and grains, oilseed and pulses, and turf and ornamentals.
Function Insights:
The report has provided a detailed breakup and analysis of the market based on the function. This includes stimulators, promotors, inhibitors, and retardants.
Formulation Insights:
A detailed breakup and analysis of the market based on the formulation have also been provided in the report. This includes water-dispersible, solutions, wettable powders, and tablets.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Southeast, South, Northeast, North, and Central-West.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Types Covered | Auxin, Gibberellin, Cytokinin, Others |
Crop Types Covered | Fruits and Vegetables, Cereals and Grains, Oilseed and Pulses, Turf and Ornamentals |
Functions Covered | Stimulators, Promotors, Inhibitors, Retardants |
Formulations Covered | Water-Dispersible, Solutions, Wettable Powders, Tablets |
Regions Covered | Southeast, South, Northeast, North, Central-West |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: