Plant Activator Market is Projected to a Colossal US$1.38 Billion with Fueled CAGR of 5.8% by 2034 | Fact.MR Report [Yahoo! Finance]
BASF SE S/ADR (BASFY)
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Source: Yahoo! Finance
Rockville, MD, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Fact.MR, a market research and competitive intelligence provider, through its newly published analysis, reveals that revenue from the plant activator market is approximated to reach US$ 785.6 million in 2024 and advance at a CAGR of 5.8% through 2034 Plant activators that are biological, or derived from natural sources, are growing in popularity. The market for plant activators is expanding as farmers choose more environment-friendly alternatives to conventional pesticides and fertilizers. To increase crop resilience to pests and diseases, plant activators are introduced to integrated pest management (IPM) techniques in place of just relying on synthetic insecticides. To produce new and effective plant activators that specifically target crops and stress circumstances such as drought or salt, firms are investing in market research and development. With the increased demand for organic produce, it is becoming vital to use plant activa
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