The India plant growth regulators market size reached USD 107.86 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 197.16 Million by 2033, exhibiting a growth rate (CAGR) of 6.93% during 2025-2033. The India plant growth regulators market share is expanding, driven by the rising implementation of government initiatives that support sustainable farming and higher productivity, along with the escalating demand for flowers for decoration and religious purposes.
Report Attribute
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Key Statistics
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Base Year
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2024 |
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 107.86 Million |
Market Forecast in 2033 | USD 197.16 Million |
Market Growth Rate 2025-2033 | 6.93% |
Increasing demand for high crop yield
The rising need for high crop yield is offering a favorable India plant growth regulators market outlook. With the rising population and increasing pressure on agricultural land due to urbanization, farmers are relying on plant growth regulators to enhance crop cultivation, refine quality, and maximize output. As per the United Nations Report, India’s population in June 2024 reached 144 Crores. These regulators aid in better root development, faster germination, and improving resistance to pests and diseases, making them essential for modern farming. As climate change brings unpredictable weather patterns, plant growth regulators are becoming more important in maintaining stable crop production. The adoption of high yield farming techniques, including hybrid seeds and precision agriculture, is further promoting the use of growth regulators in fruits, vegetables, and cash crops. Government initiatives that support sustainable farming and higher productivity are also encouraging farmers to employ advanced agricultural inputs like plant growth regulators. With the rising awareness about scientific farming methods and requirement for efficient crop management, the demand for plant growth regulators is increasing, helping Indian farmers to achieve better yields and profitability.
Rising applications in floriculture industry
The increasing application in the floriculture industry is fueling the India plant growth regulators market growth. With the rising demand for flowers in domestic and international markets for decoration, religious purposes, and personal gifting, farmers are adopting advanced agricultural inputs like plant growth regulators to enhance production. These regulators assist in controlling flowering time, increasing bud formation, refining color vibrancy, and extending the freshness of cut flowers, making them essential in commercial floriculture. As government agencies are promoting floriculture under various schemes and subsidies, more farmers are shifting towards flower cultivation, further creating the need for plant growth regulators. Additionally, exports of Indian flowers are rising, with international markets demanding high-quality blooms, motivating growers to utilize better cultivation techniques. Greenhouse farming and tissue culture techniques are also gaining popularity, where plant growth regulators play a crucial role in ensuring consistent output. Moreover, the ongoing trend of urban gardening and landscaping in hotels, offices, and public spaces is catalyzing the demand for flowering plants, increasing the use of growth regulators. As floriculture expands as a profitable agribusiness, the requirement for effective plant growth regulators is rising, supporting better flower cultivation across India. According to the IMARC Group, the Indian floriculture market is set to attain INR 744.0 Billion by 2033, showing a growth rate (CAGR) of 10.9% during 2025-2033.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional level for 2025-2033. Our report has categorized the market based on type, crop type, function, and chemical formulation.
Type Insights:
The report has provided a detailed breakup and analysis of the market based on the type. This includes cytokinin, gibberellins, auxins, 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, ornamentals, and others.
Function Insights:
The report has provided a detailed breakup and analysis of the market based on the function. This includes stimulators, promoters, inhibitors, and retardants.
Chemical Formulation Insights:
A detailed breakup and analysis of the market based on the chemical formulation have also been provided in the report. This includes IAA, IBA, GA1, GA4, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
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 | Cytokinin, Gibberellins, Auxins, Others |
Crop Types Covered | Fruits and Vegetables, Ornamentals, Others |
Functions Covered | Stimulators, Promoters, Inhibitors, Retardants |
Chemical Formulations Covered | IAA, IBA, GA1, GA4, Others |
Regions Covered | North India, South India, East India, West India |
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) |