According to Stratistics MRC, the Global Plant Activators Market is accounted for $ 872.57 million in 2023 and is expected to reach $ 1,355.96 million by 2030 growing at a CAGR of 6.5% during the forecast period.

Plant activators are compounds or substances that induce the natural defense mechanisms of plants, enhancing their resistance to various stresses, including pathogens, pests, and environmental factors. Unlike traditional pesticides, plant activators work by stimulating the plant’s own immune responses rather than directly targeting pests or diseases. These compounds trigger a cascade of biochemical reactions within the plant, leading to the production of defense-related molecules such as phytoalexins, antioxidants, and pathogenesis-related proteins. This heightened defense system can result in increased crop yields, improved plant health, and reduced reliance on chemical inputs.

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The Asia-Pacific region has witnessed significant growth due to increasing demand for organic produce that is driving farmers to adopt plant activators to enhance crop yield and quality. Additionally, governments in the region have been promoting the use of plant activators as part of their agricultural policies to ensure food security. The emergence of innovative formulations and technologies tailored to local crop varieties has further fuelled market growth. Favourable climatic conditions in many parts of Asia-Pacific facilitate the effectiveness of plant activators, contributing to their widespread adoption among farmers.\

Some of the key players in Plant Activators market include Agralan Group, BASF , Bayer , Certis USA, DuPont, Eagle Plant Protect Pvt. Ltd. , Futureco Bioscience , Greenlight Biosciences, Isagro S.P.A, Kellogg Company, Nihon Nohyaku Co., Novozymes , Plant Health Australia, Sumitomo Chemical, Syngenta, UPL  and Yara International.    

Key Developments:

In March 2024, Bayer Crop Science has extended its partnership with Australian agri-food tech innovation platform, AgriFutures growAG, into 2024 to reach innovators, startups and researchers with its innovation challenges. AgriFutures growAG, which was launched in 2020, is a global platform for agri-food innovation. It connects the global agri-food network of researchers, investors, universities, startups, scale-ups and corporates to build opportunities for international cooperation and collaboration.

In February 2024, BASF is utilizing its extensive global expertise in chemical recycling, employing pyrolysis technology known as ChemCycling, to introduce International Sustainability and Carbon Certification (ISCC) Plus certified “”Ccycled”” materials sourced from the BASF TotalEnergies Petrochemicals facility located in Port Arthur, Texas.

What our report offers:
– Market share assessments for the regional and country-level segments

– Strategic recommendations for the new entrants

– Covers Market data for the years 2021, 2022, 2023, 2026, and 2030

– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)

– Strategic recommendations in key business segments based on the market estimations

– Competitive landscaping mapping the key common trends

– Company profiling with detailed strategies, financials, and recent developments

– Supply chain trends mapping the latest technological advancements

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