The global herbicides market size was USD 36.93 Billion in 2021 and is expected to register a revenue CAGR of 6.09% during the forecast period, according to latest analysis by Emergen Research. Rapid adoption of better farming practices globally, reduction in fertile land for farming purposes, and rising development of advanced agricultural technologies are some of the key factors driving market revenue growth. Shortage of workers for hand weeding crop fields in various emerging countries, such as China, India, and Bangladesh, owing to rapid urbanization where majority of individuals are migrating to urban areas, is another factor increasing demand for herbicides. Various benefits of herbicides compared to tillage, such as reduced erosion, greenhouse gas emissions, fuel usage as well as nutrient runoff, are contributing to growth of the market.     

The report on the Herbicides market gives an in-depth statistical analysis to examine the fastest growing sectors in the market while speculating the demand and supply, consumption power, spending capacity and distribution channel globally. The report identifies the overall growth in the import and export and derives the future trends that the industry might witness.  The study also applies primary and secondary research methods to assess the annual and financial performance of the top vendors and insights from market leaders. The researcher also discusses the recent trends and developments including joint ventures, collaborations, investments, product launches and acquisitions and mergers constitute a substantial part of the research on the Herbicides market for the forecast period from 2020 to 2030. The report will empower companies to understand the opportunities, adapt to their consumer demands, needs, and concentrate on their best end-users.

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Top Companies Operating in the Herbicides Market and Profiled in the Report are:

 UPL, BASF SE, Bayer AG, DuPont, ADAMA, Syngenta, FMC Corporation, Drexel Corporation, Sumitomo Chemical Co., Ltd., and Nufarm.

Objectives of the Report:

  • Study of the global Herbicides market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
  • Industrial structure analysis of the Herbicides market by identification of various sub-segments
  • Extensive analysis of key market players along with their SWOT analysis
  • Competitive landscape benchmarking
  • Analysis of Herbicides market based on growth trends, futuristic outlook, and contribution to the total growth of the market
  • Analysis of drivers, constraints, opportunities, challenges, and risks in the global Herbicides market
  • Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

 

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Emergen Research has segmented the global herbicides market based on type, application, mode of action, and region:

  • Type Outlook (Revenue, USD Billion; 2019-2030)

    • Synthetic
    • Bio-based

  • Application Outlook (Revenue, USD Billion; 2019-2030)

    • Pulses & Oilseeds
    • Grains & Cereals
    • Commercial Crops
    • Fruits & Vegetables
    • Turf & Ornamentals
    • Others

  • Mode of Action Outlook (Revenue, USD Billion; 2019-2030)

    • Selective
    • Non-selective

In market segmentation by geographical regions, the report has analysed the following regions-       

   North America

   Europe

   Asia-Pacific

   Middle East and Africa

   Latin America    

 

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