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In this report, LP Information covers the present scenario with the base year being 2017 and the growth prospects of global Gibberellin Acid GA market for 20182023.
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.
Over the next five years, LPILP Information projects that Gibberellin Acid GA will register a 3.3% CAGR in terms of revenue, reach US$ 110 million by 2023, from US$ 92 million in 2017.
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.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Concentration of 90%
Concentration of 85%
Segmentation by application:
This report also splits the market by region:
Middle East Africa
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:
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.
To study and analyze the global Gibberellin Acid GA consumption value volume by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
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, industryspecific 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.NEXT ARTICLE
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