Press release
Gibberellin Acid (GA) Market to Witness Robust Expansion by 2023
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%.
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Global Gibberellin Acid (GA) Market: Forecast by Type / Application / Region
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, LPI(LP 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.
Global Gibberellin Acid (GA) Market: Key Players
Zhejiang Qianjiang Biochemical
Shanghai Tongrui Biotech
Jiangxi Xinruifeng Biochemical
Sichuan Longmang Fusheng Biotech
Jiangsu Fengyuan Bioengineering
Jiangsu Bailing Agrochemical
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Related Information:
United States Gibberellin Acid (GA) Market Research Report 2018
Europe Gibberellin Acid (GA) Market Research Report 2018
North America Gibberellin Acid (GA) Market Research Report 2018
Asia-Pacific Gibberellin Acid (GA) Market Research Report 2018
China Gibberellin Acid (GA) Market Research Report 2018
EMEA Gibberellin Acid (GA) Market Research Report 2018
Global Gibberellin Acid (GA) Market Research Report 2018
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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…
