Global Gibberellin Acid (GA) Market Growth 2019-2024

Gibberellins (GAs) are plant hormones that regulate growth and influence various developmental processes, including stem elongation, germination, dormancy, flowering, sex expression, enzyme induction, and leaf and fruit senescence.
Common commercially available gibberellin acid contain over powder and solution. It is widely used in agriculture.

Currently, some companies in the world can produce Gibberellin Acid (GA), mainly concentrating in China, the production market shares of China is 91.06% in 2016. The production of Gibberellin Acid (GA) increased from 403.5 MT in 2012 to 480.9 MT in 2016, with an average Growth Rate of 4.62%.

In consumption market, the Growth Rate of global consumption is smooth relatively. North America, Europe and China are still the main consumption and the shares are 33.03%, 27.93% and 24.23% in 2016, respectively.

There are two major types of Gibberellin Acid (GA), Concentration of 90% and Concentration of 85%, Acid (GA) can be widely used in Cereals & Grains, Fruits and Vegetables. Survey results showed that Cereals & Grains is the major consumption of Gibberellin Acid (GA), which accounts for 74.17% in 2016. Due to the development of economy and its unique characteristics, these areas will need more Gibberellin Acid (GA). So, Gibberellin Acid (GA) has a huge market potential in the future.

The major raw material for Gibberellin Acid (GA) is gibberella fujikuroi. On the global market, supply of raw materials is full. Fluctuations in the price of the upstream product will impact on the production cost of Gibberellin Acid (GA) industry.

We tend to believe this industry is a promising industry, and the consumption increasing degree will show a smooth growth curve. For product prices, the slow downward trend in recent years will maintain in the future as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.


Then, the report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the Gibberellin Acid (GA) industry development trends and marketing channels are analyzed.


According to this study, over the next five years the Gibberellin Acid (GA) market will register a 3.3% CAGR in terms of revenue, the global market size will reach US$ 110 million by 2024, from US$ 92 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Gibberellin Acid (GA) business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Gibberellin Acid (GA) market by product type, application, key manufacturers and key regions and countries.

This study considers the Gibberellin Acid (GA) value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Concentration of 90%
Concentration of 85%
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Cereals & Grains
Fruits
Vegetables
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Zhejiang Qianjiang Biochemical
Shanghai Tongrui Biotech
Jiangxi Xinruifeng Biochemical
Sichuan Longmang Fusheng Biotech
Jiangsu Fengyuan Bioengineering
Jiangsu Bailing Agrochemical
...

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Gibberellin Acid (GA) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Gibberellin Acid (GA) market by identifying its various subsegments.
Focuses on the key global Gibberellin Acid (GA) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Gibberellin Acid (GA) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Gibberellin Acid (GA) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.