Global Herbicides Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Crop Type;

Commercial Crops, Fruits & Vegetables, Grains & Cereals, Pulses & Oilseeds, Turf & Ornamental.

By Application;

Chemigation, Foliar, Fumigation, Soil Treatment.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn257669631 Published Date: February, 2024 Updated Date: March, 2024

Introduction

Global Herbicides Market (USD Million), 2020 - 2030

In the year 2023, the Global Herbicides Market was valued at USD 39,174.11 million. The size of this market is expected to increase to USD 82,363.08 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 11.2%.

Global herbicides market is a vital component of the agrochemical industry, playing a crucial role in modern agriculture. Herbicides are chemical substances used to control or eliminate unwanted plants, commonly referred to as weeds, that compete with crops for nutrients, water, and sunlight. With the increasing demand for food due to population growth, herbicides have become indispensable tools for farmers worldwide to enhance crop yields and maintain agricultural productivity.

The herbicides market is characterized by a wide range of products designed to target specific types of weeds and crops, offering farmers a variety of options to suit their needs. From pre-emergent to post-emergent herbicides, the market provides solutions for controlling weeds at different stages of growth. Additionally, advancements in herbicide formulations have led to the development of safer and more effective products, minimizing environmental impact and promoting sustainable agricultural practices.

As farmers continue to face challenges such as herbicide resistance and environmental concerns, the global herbicides market is witnessing ongoing research and development efforts to innovate new solutions. These efforts aim to address emerging weed control issues while ensuring the long-term sustainability of agriculture.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Crop Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Herbicides Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Demand for Food
        2. Adoption of GM Crops
        3. Advancements in Formulations
        4. Government Support
      2. Restraints
        1. Environmental Concerns
        2. Herbicide Resistance
        3. Health Risks
        4. High Cost
      3. Opportunities
        1. Bio-based Herbicides
        2. Precision Farming
        3. Emerging Markets
        4. Research and Development
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Herbicides Market, By Crop Type, 2022 - 2032 (USD Million)
      1. Commercial Crops
      2. Fruits & Vegetables
      3. Grains & Cereals
      4. Pulses & Oilseeds
      5. Turf & Ornamental
    2. Global Herbicides Market, By Application, 2022 - 2032 (USD Million)
      1. Chemigation
      2. Foliar
      3. Fumigation
      4. Soil Treatment
    3. Global Herbicides Market, By Geography, 2022 - 2032 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BASF SE
      2. Bayer AG
      3. Corteva Agriscience
      4. Nufarm Ltd
      5. Syngenta Group
  7. Analyst Views
  8. Future Outlook of the Market

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