Gibberellin
is a plant hormone, which is commercially available and administered in plants
to accelerate their growth and induce flowering. Along with auxins and
cytokinins, gibberellins are the principal growth-promoting hormones found in
plants. Gibberellins are the most aggressive growth promoting hormone in plants
as they increase the inter-node spacing and promote flowering. Gibberellins
also influence sex determination; pollen growth and tube growth in plants.
Commercially, gibberellins are mostly administered in the form of gibberellic
acid as it can be easily obtained in huge quantities from the fermentation
process of the fungi Gibberella Fujikuroi.
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Gibberellic
acids are also synthetically produced by pharmaceutical companies. The global
consumption of gibberellic acid is about 60 tons. There are at least 136 types
of identified naturally occurring gibberellins. Different types of gibberellins
exhibit different functions and influence on different plants.
One
of the major applications of gibberellins is to promote the growth in fruit
crops, which leads to higher yield of fruits such as tomato, apple and grapes.
Gibberellins are also used in sugarcane crop to increase the yield of sugar.
The growth of sugarcane is inhibited during the winters, and application of
gibberellins helps overcome the adverse effects of cool temperature on
sugarcanes. It is extensively used in the beer brewing mechanism to stimulate
barley malting process. A large portion of the seedless grapes produced in the
United States are treated with gibberellins, which help in producing small
fruits in compact clusters.
The
artificially sprayed gibberellins substitute for the seeds which under natural
circumstances would be the source for gibberellins in the plant. However, with
repeated treatment with the hormone the rachis length as well as the fruit size
increases substantially. Grape production is one of the main applications of
gibberellins. It is also extensively used to produce cherries, as the hormone
helps to increase the size as well as yield in the plants. Gibberellin A4 is
applied on apple and pear trees. These fruits are often limited by biennial
bearing, that is heavy crop bearing in one year often inhibits the flowering
process in the subsequent year, and thereby limits productivity.
This
phenomenon could be overcome through application of gibberellins A4 on the year
exhibiting low yield, as the hormone promotes flowering and subsequently the
tree bears fruit. Gibberellic acid is also applied on citric fruits based on
their type. Fruits such as oranges and tangerines are treated with gibberellic
acid in order to prevent rind-aging, and maintain the quality and appearance of
the fruit. On the other hand lemons are treated with the hormone to enhance the
size and induce ripening. The increasing demand for agricultural production is
the primary driver of the market.
Although
application of gibberellic acid in plants increases the product yield, it is
the inorganic method of plant growth. The only restraint to the use of
gibberellic acid is the growing popular consciousness about organic food.
Application of gibberellins renders the product inorganic and thus limits the
marketability of the fruits or vegetables to health conscious population. North
America is the largest application region for gibberellic acid as most of the
research and development is undertaken in this region. Europe is the second
largest market for gibberellic acid in the world. The market size is relatively
less in Asia Pacific, but owing to the huge population and shortage of quality
food in some regions, this region has high potential to grow.
Some
of the companies involved in manufacturing gibberellic acid are Jiangsu
Fengyuan Bioengineering Co., Ltd. Zhejiang Qianjiang Biochemical Co., Ltd. and
Shanghai Pengteng Fine Chemical Co., Ltd among many others.
This
research report analyzes this market depending on its market segments, major
geographies, and current market trends. Geographies analyzed under this
research report include
·
North
America
·
Asia
Pacific
·
Europe
·
Rest
of the World
This
report provides comprehensive analysis of
·
Market
growth drivers
·
Factors
limiting market growth
·
Current
market trends
·
Market
structure
·
Market
projections for upcoming years
This
report is a complete study of current trends in the market, industry growth
drivers, and restraints. It provides market projections for the coming years.
It includes analysis of recent developments in technology, Porter’s five force
model analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing market
players and new entrants along with detailed value chain analysis.
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