Herbicides Market – Global Industry Analysis and Forecast (2023-2029)

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TheHerbicides Market was valued at US$ 39.17 Bn in 2022 and is forecasted to reach US$
59.80 Bn by 2029 at a CAGR of 6.23% during a forecast period.

The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market
leaders, followers, and disruptors. Since the lockdown was implemented differently in various
regions and countries; the impact of the same is also seen differently by regions and
segments. The report has covered the current short-term and long-term impact on the market, Report Payment
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Herbicides Market Dynamics:
Herbicides find their potential applications for controlling or destroying a wide range of weeds
and boost the active growth of the desired plants. The Herbicides play a vital role in improving
the nutrition of plants and controlling soil erosion hence boosting their demand. A decrease in
manual and mechanical weeding in developing economies has resulted in the uptake of
herbicides among farmers.
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However, the adverse impact of some herbicides on aquatic life and their excessive exposure Single User $ 4900
to workers may cause health problems. This has directed to numerous regional regulations Spreadsheet $ 3500
restrictions on the use of certain herbicides. But, the advent of bio-based products has
unlocked substantial lucrative opportunities in the market. Furthermore, research on Corporate User $ 6900
understanding the biochemical action of herbicides on plants has led to chemicals with better
toxicity profiles.
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Glyphosate-based products are widely adopted in various forms such as gels and powders,
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which are more convenient to use. The decline in arable land and increasing population is
increasingly intensifying the demand for effective weed-control phytotoxic chemicals. But, the sample/25943)
ban of glyphosate in parts of Europe is hampering the market growth.

Selectivity is based on differential absorption, translocation, morphological or physiological

differences between classes of plants. Non-selective held the largest market share in the
herbicides market. Since non-selective herbicides are formulated for both broadleaf and grass
weeds, they find the wider application on almost all vegetation types and are preferred more
than selective herbicides. Selective types are manufactured for controlling only certain plants
without destroying the other species.

Herbicides are applied most to cereal crops to control weeds. Cereals are grown broadly
across the world, but growth is projected to be higher in the Asia-Pacific region due to
increased consumption of rice in daily diets. The market is attributed to growing further due to
producers' focus on increasing the per-unit yield. Oilseed & pulses segment is the second-
largest followed by Fruits & vegetables and cotton.

The Asia Pacific has a major market share in the herbicides market owing to higher production
and intake, growing population, and disposable income. Latin America led by Brazil and
Argentina has a considerable share with expansion in farmlands and awareness among farm
cultivators about its benefits. Stringent government regulations in Europe and the U.S. are
anticipated to restraint market growth in these regions.

The objective of the report is to present a comprehensive assessment of the market and
contains thoughtful insights, facts, historical data, industry-validated market data, and
projections with a suitable set of assumptions and methodology. The report also helps in
understanding herbicides' market dynamics, structure by identifying and analyzing the market
segments and project the market size.

Further, the report also focuses on a competitive analysis of key players by product, price,
financial position, product portfolio, growth strategies, and regional presence. The report also Report Payment
provides PEST analysis, PORTER's analysis, SWOT analysis to address questions of Single User $ 4900
shareholders to prioritizing the efforts and investment in the near future to the emerging
segment in the herbicides market. Spreadsheet $ 3500
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Herbicides Market, Key Highlights:
Global Herbicides Market analysis and forecast, in terms of value.
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Comprehensive study and analysis of market drivers, restraints and opportunities influencing
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the growth of the Global Herbicides Market
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Herbicides Market segmentation on the basis of type, source, end-user, and region (country-
wise) has been provided.

The Herbicides Market strategic analysis with respect to individual growth trends, future
prospects along with the contribution of various sub-market stakeholders have been
considered under the scope of study.

Herbicides Market analysis and forecast for five major regions namely North America, Europe,
Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise
segmentation.

Profiles of key industry players, their strategic perspective, market positioning and analysis of
core competencies are further profiled.

Competitive developments, investments, strategic expansion and competitive landscape of

the key players operating in the Global Herbicides Market are also profiled.

Herbicides Market Scope:

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 Global Herbicides Market

Report Coverage Details

Base Year: 2022 Forecast Period: 2023-2029

Market Size in US $ 39.17 Report Payment
Historical Data: 2018 to 2022
2022: Bn.
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Forecast Period 2023 to 2029 Market Size in US $ 59.80
6.23% Spreadsheet $ 3500
CAGR: 2029: Bn.

Glyphosate Corporate User $ 6900

Atrazine
Acetochlor
by Product 2,4-D Download Free Sample PDF
Paraquat (https://www.maximizemarketresearch.com/req
Bio-herbicide
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Others
Segments Covered:
Selective
by Type
Non-selective

Cereals and Grains

by Oilseeds & Pulses
Application Fruits & Vegetables
Cotton

Herbicides Market, by Region:

North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam,
Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (razil, Argentina Rest of South America)

Herbicides Market, Key Player

1 BASF (https://agriculture.basf.us/crop-protection/products/herbicides.html)
2 Bayer AG
3 DOW Agriscience
4 Syngenta AG
5 Cheminova A/S
6 FMC Corporation
7 Adama Agricultural Solutions Ltd
8 Nufarm
9 E.I Du Pont de Numerous Report Payment
10 Company and Monsanto Company Single User $ 4900
11 Monsanto Company
12 Drexel Chemical Company Spreadsheet $ 3500
13 Arysta LifeScience Corporation
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14 ADAMA Agricultural Solutions Ltd
15 Sumitomo Chemical
16 UPL Limited
17 Heranba Industries Ltd. Download Free Sample PDF
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Frequently Asked Questions: sample/25943)

1. Which region has the largest share in Global Market?

Ans: Asia Pacific region held the highest share in 2022.

2. What is the growth rate of Global Market?

Ans: The Global Herbicides Market is expected to grow at a CAGR of 6.23% during forecast
period 2023-2029.

3. What is scope of the Global market report?

Ans: Global Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis,
Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global market?

Ans: The important key players in the Global Market are – BASF, Bayer AG, DOW
Agriscience, Syngenta AG, Cheminova A/S, FMC Corporation, Adama Agricultural Solutions
Ltd, Nufarm, E.I Du Pont de Numerous, Company and Monsanto Company, Monsanto
Company, Drexel Chemical Company, Arysta LifeScience Corporation, ADAMA Agricultural
Solutions Ltd, Sumitomo Chemical, UPL Limited, and Heranba Industries Ltd.

5. What is the study period of this market?

Ans: The Global Market is studied from 2022 to 2029.
About This Report
Report ID 25943 Published Date June 2023
Category Material & Chemical Updated Date
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