Global Auxins Market Growth, Size, Trends Analysis- By Type, By Function, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
Global Auxins Market Growth, Size, Trends Analysis- By Type, By Function, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
| Published: Apr-2025 | Report ID: CHEM2536 | Pages: 1 - 260 | Formats*: |
| Category : Chemical & Materials | |||
Auxins Market Introduction and Overview
According to SPER Market Research, the Global Auxins Market is estimated to reach USD 1474.71 million by 2034 with a CAGR of 4.58%.
The report includes an in-depth analysis of the Global Auxins Market, including market size and trends, product mix, Applications, and supplier analysis. Auxins, essential plant growth hormones, play a crucial role in regulating plant development and growth. Widely used in gardening, farming, and landscaping, they promote root growth, aid in fruit production, and enhance agricultural productivity. The global auxins industry spans horticulture, agriculture, and landscaping, driven by competition among large corporations. With growing consumer demand for sustainable farming, innovations in agricultural technology, such as genetic engineering and precision farming, are improving auxin effectiveness and crop yields. As farmers seek to increase productivity while reducing environmental impact, the market for auxins continues to grow, fueled by advancements in sustainability and technology. However, The auxins market faces challenges such as regulatory hurdles and the high cost of research and development for new formulations. Additionally, there is growing concern over the environmental impact of synthetic auxins, which may hinder adoption.
By Type:
The market is divided into natural and synthetic segments, with the synthetic segment playing a crucial role in the auxins industry. This segment is expected to see significant growth, driven by the rising demand for plant growth regulators, particularly with the shift toward sustainable farming practices. Synthetic auxins are produced through advanced chemical processes, ensuring a consistent and reliable supply for applications in landscaping, horticulture, and agriculture. Ongoing research and development in this area aim to improve the efficiency and versatility of synthetic auxins, addressing various crop needs and environmental conditions, and further expanding their market presence.
By Function:
The market can be further categorized based on function into areas such as fruit development, tissue culture, weed control, fruit thinning, phototropism and gravitropism, and senescence delay. The fruit development segment leads the market, playing a crucial role in promoting the growth and maturation of fruits across various agricultural settings. This segment utilizes auxins to stimulate fruit growth, enhance fruit size, and improve fruit quality. With growing consumer demand for high-quality, aesthetically appealing fruits, this segment is expected to experience significant growth. Ongoing advancements in science and technology are also boosting the effectiveness of auxins in fruit development, catering to a wide range of fruit varieties and farming techniques, making it a promising area for innovation and market expansion.
By Application:
The market can be further divided into agriculture, scientific research, and other applications, with the agriculture segment being the most prominent. Auxins play a vital role in agriculture by regulating plant growth, with diverse uses such as enhancing crop yields, promoting root development, and supporting fruit and flower growth. In modern farming, they are crucial for managing plant development and improving productivity. As the demand for sustainable farming practices rises, auxins will continue to be essential in optimizing crop output, addressing environmental concerns, and meeting global food demands. Their role in agriculture is key to maintaining resilient and sustainable farming practices.
By Regional Insights
North America holds a strong position in the global auxins market, demonstrating significant potential for growth and development. As agriculture increasingly focuses on efficiency and sustainability, the demand for plant growth regulators like auxins is rising. Key factors driving this growth include the adoption of modern farming techniques, the rise of organic farming, and increasing consumer awareness of the benefits of auxins. Furthermore, advancements in precision farming and biotechnology are expanding opportunities for the auxins industry in the region. As a result, North America presents a favorable environment for producers and suppliers to capitalize on evolving farming practices and consumer preferences.
Market Competitive Landscape
The market is moderately consolidated. Some of the market key players are BASF SE, Bayer CropScience, BioWorks Inc., Dow AgroSciences LLC (now part of Corteva Agriscience), FMC Corporation, Jiangsu Fengyuan Bioengineering Co., Ltd., Nufarm Limited, Redox Industries Limited, Sinon Corporation, SRF Limited, and Syngenta AG, among others.
Recent Developments:
In April 2020, Sumitomo Chemical Co., Ltd. acquired the South American subsidiaries of Nufarm Ltd., which operate in Brazil, Argentina, Chile, and Colombia. This acquisition is intended to strengthen Sumitomo's sales and development network in the region, enhancing the distribution of its plant growth regulator products.
In May 2022, BASF SE acquired Horta, an Italian company specializing in digital farming solutions. This acquisition allows BASF SE to expand its portfolio of agricultural solutions, addressing the increasing demand for digital farming technologies in the sector.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Type, By Function, By Application |
| Regions covered | North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa |
| Companies Covered | BASF SE, Bayer CropScience, BioWorks Inc., Dow AgroSciences LLC (now part of Corteva Agriscience), FMC Corporation, Jiangsu Fengyuan Bioengineering Co., Ltd., Nufarm Limited, Redox Industries Limited, Sinon Corporation, SRF Limited, and Syngenta AG, among others. |
Key Topics Covered in the Report
- Global Auxins Market Size (FY’2021-FY’2034)
- Overview of Global Auxins Market
- Segmentation of Global Auxins Market By Type (Natural, Synthesis)
- Segmentation of Global Auxins Market By Function (Fruit Development, Tissue Culture, Weed Control, Fruit Thinning, Phototropism and Gravitropism, Senescence Delay)
- Segmentation of Global Auxins Market By Application (Agriculture, Scientific Research, Others)
- Statistical Snap of Global Auxins Market
- Expansion Analysis of Global Auxins Market
- Problems and Obstacles in Global Auxins Market
- Competitive Landscape in the Global Auxins Market
- Details on Current Investment in Global Auxins Market
- Competitive Analysis of Global Auxins Market
- Prominent Players in the Global Auxins Market
- SWOT Analysis of Global Auxins Market
- Global Auxins Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Auxins Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Auxins Market
7. Global Auxins Market, By Type, (USD Million) 2021-2034
7.1. Natural
7.2. Synthesis
8. Global Auxins Market, By Function, (USD Million) 2021-2034
8.1. Fruit Development
8.2. Tissue Culture
8.3. Weed Control
8.4. Fruit Thinning
8.5. Phototropism and Gravitropism
8.6. Senescence Delay
9. Global Auxins Market, By Application, (USD Million) 2021-2034
9.1. Agriculture
9.2. Scientific Research
9.3. Others
10. Global Auxins Market, (USD Million) 2021-2034
10.1. Global Auxins Market Size and Market Share
11. Global Auxins Market, By Region, 2021-2034 (USD Million)
11.1. Asia-Pacific
11.1.1. Australia
11.1.2. China
11.1.3. India
11.1.4. Japan
11.1.5. South Korea
11.1.6. Rest of Asia-Pacific
11.2. Europe
11.2.1. France
11.2.2. Germany
11.2.3. Italy
11.2.4. Spain
11.2.5. United Kingdom
11.2.6. Rest of Europe
11.3. Middle East and Africa
11.3.1. Kingdom of Saudi Arabia
11.3.2. United Arab Emirates
11.3.3. Qatar
11.3.4. South Africa
11.3.5. Egypt
11.3.6. Morocco
11.3.7. Nigeria
11.3.8. Rest of Middle-East and Africa
11.4. North America
11.4.1. Canada
11.4.2. Mexico
11.4.3. United States
11.5. Latin America
11.5.1. Argentina
11.5.2. Brazil
11.5.3. Rest of Latin America
12. Company Profile
12.1. BASF SE
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. Bayer CropScience
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. BioWorks Inc.
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. BASF SE
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. Dow AgroSciences LLC (Now part of Corteva Agriscience)
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. FMC Corporation
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. Jiangsu Fengyuan Bioengineering Co., Ltd.
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. Nufarm Limited
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. Redox Industries Limited
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. Sinon Corporation
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments
12.11. SRF Limited
12.11.1. Company details
12.11.2. Financial outlook
12.11.3. Product summary
12.11.4. Recent developments
12.12. Syngenta AG
12.12.1. Company details
12.12.2. Financial outlook
12.12.3. Product summary
12.12.4. Recent developments
12.13. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Auxins Market is projected to reach USD 1474.71 by 2034, growing at a CAGR of 4.58% during the forecast period.
Auxins Market size from 2025. The Market is expected to reach USD 1474.71 by 2034, at a CAGR of 4.58% during the forecast period.
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Auxins Market covered By Type, By Type, By Function, By Application
The North America is anticipated to have the highest Market share in the Auxins Market .
BASF SE, Bayer CropScience, BioWorks Inc., Dow AgroSciences LLC (now part of Corteva Agriscience), FMC Corporation, Jiangsu Fengyuan Bioengineering Co., Ltd., Nufarm Limited, Redox Industries Limited, Sinon Corporation, SRF Limited, and Syngenta AG, among others.
The report includes an in-depth analysis of the Global Auxins Market, including market size and trends, product mix, Applications, and supplier analysis.
Auxins Market CAGR of 4.58% during the forecast period.
Auxins Market size is USD 1474.71 from 2025 to 2034.
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