Products regulated as supplements under Fertilizers Act claims that a plant growth regulator functions to enhance root development or the vegetative development of a plant are interpreted as supplement claims and are subject to the Fertilizers Act. Such claims include, but are not limited to, breaking dormancy, induction of early germination or sprouting, root development and vegetative growth promotion. Supplement claims also include soil conditioning and any growth regulator property attributed to vitamins.

The article cited AMA's "Global Plant Growth Regulator Market Study" explored CAGR of 6.2%. According to the report, Strong Foothold of Fertilizers and Crop Yield Maximizers in the Agriculture Sector is one of the primary growth factors for the market. Growth in the Textile Industry across Countries such as Germany, Bulgaria, India, China and Others is also expected to contribute significantly to the Plant Growth Regulator market. Overall, Planting applications of Plant Growth Regulator, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Crop, such as Fruits and Vegetables, is boosting the Plant Growth Regulator market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Plant Growth Regulator market identified that the demand is rising in many different parts of the world as "Rapid Development of Global Textile Industry will Generate Significant Demand ". Furthermore, some recent industry insights like "In April 2020, BASF introduced a plant growth regulator named Attraxor for turf and other types of grasses in the United Kingdom. It contains Prohexadion(10%w/w) as the main ingredient. and In 2020, Syngenta Canada registered Moddus, a new plant growth regulator that helps mitigate lodging risk in wheat, barley, and oats. Moddus contains trinexapac-ethyl, an active ingredient with years of proven use to manage lodging in cereal crops worldwide." is constantly making the industry dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Plant Growth Regulator market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Plant Growth Regulator market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

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Data Triangulation
The overall market size is calculated using market estimation process, the market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the market size has been validated using both top-down and bottom-up approaches.