Herbicides Market
By Type;
Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses and OthersBy Application Mode;
Fertigation, Foliar, Soil and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Herbicides Market Overview
Herbicides Market (USD Million)
Herbicides Market was valued at USD 43,561.61 million in the year 2024. The size of this market is expected to increase to USD 91,587.75 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 11.2%.
Herbicides Market
*Market size in USD million
CAGR 11.2 %
Study Period | 2025 - 2031 |
---|---|
Base Year | 2024 |
CAGR (%) | 11.2 % |
Market Size (2024) | USD 43,561.61 Million |
Market Size (2031) | USD 91,587.75 Million |
Market Concentration | Low |
Report Pages | 384 |
Major Players
- BASF SE
- Bayer AG
- Corteva Agriscience
- Nufarm Ltd
- Syngenta Group
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Herbicides Market
Fragmented - Highly competitive market without dominant players
The Herbicides Market is experiencing steady growth, largely fueled by the rising focus on higher crop yields and quality protection. More than 55% of crop protection chemicals used in farming are herbicides, showcasing their central role in safeguarding food supply. The push to achieve greater efficiency with limited land resources continues to enhance the demand for these solutions.
Advancements in Sustainable Weed Control
A notable shift in the market is the increasing preference for eco-friendly herbicides and advanced formulations. Currently, about 40% of new agricultural chemical developments emphasize reduced environmental impact, reflecting the sector’s shift toward sustainability. These solutions improve weed resistance management and ensure effective long-term crop protection.
Ensuring Food Security Through Herbicides
Weeds are a leading cause of agricultural losses, responsible for nearly 60% of crop productivity decline when unmanaged. The use of herbicides plays a critical role in maintaining food security by minimizing these losses. As food demand continues to escalate, the reliance on herbicides is expected to remain strong in the global agricultural landscape.
Integration with Modern Farming Practices
Farmers are increasingly aligning herbicide applications with precision farming and integrated weed management methods. Reports suggest that more than 45% of industrial-scale farms combine herbicides with advanced techniques, maximizing both efficiency and sustainability. This integration helps optimize input costs while safeguarding soil and crop health.
Herbicides Market Recent Developments
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In October 2023, there was a shift towards eco-friendly herbicides, driven by consumer demand for less toxic solutions that align with organic farming practices.
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In May 2022, herbicides with new active ingredients targeting resistant weed species entered the market, offering effective solutions for grain and vegetable farmers.
Herbicides Market Segment Analysis
In this report, the Herbicides Market has been segmented by Crop Type, Category, Mode of Action, Formulation, Application, and Geography.
Herbicides Market, Segmentation by Crop Type
The Herbicides Market has been segmented by Crop Type into Commercial Crops, Fruits & Vegetables, Grains & Cereals, Pulses & Oilseeds, and Turf & Ornamental.
Commercial Crops
Commercial crops such as cotton, sugarcane, and maize rely heavily on herbicide applications for higher productivity. Farmers adopt herbicides to reduce labor costs and ensure consistent weed control. The expansion of cash crop cultivation in developing countries drives growth. Market adoption remains high due to their role in boosting profitability.
Fruits & Vegetables
Herbicides are crucial in fruit and vegetable farming to manage seasonal weeds. Demand is rising with increased consumption of fresh produce globally. Farmers prefer herbicides to reduce crop losses and enhance quality. The growing trend of horticulture supports steady market expansion.
Grains & Cereals
This segment accounts for significant herbicide usage in wheat, rice, and corn cultivation. High global consumption of staple foods increases reliance on effective weed management. Mechanized farming further enhances adoption of chemical solutions. The need for higher yields to feed growing populations sustains demand.
Pulses & Oilseeds
Pulses and oilseeds such as soybean and groundnut are key consumers of selective herbicides. Rising demand for protein-rich foods and edible oils boosts herbicide adoption. Modern farming practices ensure better yield and efficiency. Growing trade of oilseeds globally expands market opportunities.
Turf & Ornamental
The turf and ornamental sector uses herbicides for landscaping and aesthetic purposes. Parks, golf courses, and gardens rely on weed control solutions. Rising urban development and commercial landscaping boost demand. The segment continues to grow with the popularity of green spaces.
Herbicides Market, Segmentation by Category
The Herbicides Market has been segmented by Category into Synthetic Herbicides and Bioherbicides.
Synthetic Herbicides
Synthetic herbicides dominate the market due to their high efficiency and affordability. They are widely used in large-scale agriculture for rapid weed control. However, concerns over environmental impact create regulatory pressures. Continuous innovations aim to reduce toxicity while maintaining effectiveness.
Bioherbicides
Bioherbicides are gaining attention as sustainable and eco-friendly alternatives. They rely on natural organisms or extracts to suppress weeds. Growing demand for organic farming practices boosts their adoption. Although still limited in scale, rising investments strengthen future growth potential.
Herbicides Market, Segmentation by Mode of Action
The Herbicides Market has been segmented by Mode of Action into Selective Herbicides and Non-Selective Herbicides.
Selective Herbicides
Selective herbicides target specific weeds without harming desired crops. They are vital for crops such as cereals, legumes, and oilseeds. Farmers prefer them for crop safety and reduced losses. Increasing research into crop-specific formulations expands this segment’s reach.
Non-Selective Herbicides
Non-selective herbicides eliminate all vegetation in targeted areas. They are commonly applied in industrial sites, railways, and before crop planting. Their rapid action makes them essential for land clearing. However, safety concerns and residue issues affect their acceptance in food crops.
Herbicides Market, Segmentation by Formulation
The Herbicides Market has been segmented by Formulation into Liquid, Granular, and Others.
Liquid
Liquid herbicides dominate due to ease of application and fast absorption. They are widely used in both large-scale and small-scale farming. Farmers prefer liquids for precise spraying and uniform coverage. Their compatibility with advanced spraying technologies drives their popularity.
Granular
Granular herbicides provide long-lasting weed control and are simple to apply. They are effective for pre-emergence applications in row crops. Farmers use them for their slow-release properties and soil integration. Rising demand in mechanized farming strengthens the granular segment.
Others
This category includes innovative formulations like gels and soluble powders. They offer specialized solutions for niche farming needs. Their adoption is growing in horticulture and precision farming. Continuous R&D brings new alternatives to address evolving challenges.
Herbicides Market, Segmentation by Application
The Herbicides Market has been segmented by Application into Chemigation, Foliar, Fumigation, and Soil Treatment.
Chemigation
Chemigation involves applying herbicides through irrigation systems. It ensures efficient distribution of chemicals across large fields. Farmers adopt it for cost savings and time efficiency. Its usage is growing in modern and large-scale farming practices.
Foliar
Foliar herbicides are applied directly to plant leaves for quick absorption. They are effective against post-emergent weeds in multiple crops. This method reduces the need for repeated applications. Rising adoption in horticulture boosts the foliar segment.
Fumigation
Fumigation is used to control weeds and pests in stored grains and soil. It provides effective sterilization before planting. Farmers adopt it to reduce contamination risks and increase yield. However, environmental regulations limit its widespread use in some regions.
Soil Treatment
Soil treatment herbicides are applied to prepare land before seeding. They provide residual protection against weed germination. This approach helps minimize crop competition during early growth. Adoption is increasing with precision agriculture and advanced farming systems.
Herbicides Market, Segmentation by Geography
In this report, the Herbicides Market has been segmented by Geography into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
Regions and Countries Analyzed in this Report
Herbicides Market Share (%), by Geographical Region
North America
North America holds around 25% of the herbicides market. High adoption of advanced farming techniques supports strong demand. The U.S. dominates due to large-scale cultivation of maize and soybean. Strict regulations push innovation in safer herbicide formulations.
Europe
Europe accounts for nearly 20% of global share. Strong emphasis on organic farming and sustainability impacts chemical herbicide usage. Countries like France and Germany focus on bio-based alternatives. Policy restrictions drive demand for eco-friendly formulations.
Asia Pacific
Asia Pacific dominates with about 35% market share. Expanding agriculture in China and India fuels high herbicide use. Rising population creates pressure for higher crop yields. Government initiatives to modernize farming boost regional growth.
Middle East & Africa
The Middle East & Africa contribute nearly 10%. Demand is rising in countries investing in modern irrigation systems. Limited arable land encourages farmers to maximize efficiency. Growth remains steady with government support for food security projects.
Latin America
Latin America holds close to 10% of the market. Brazil and Argentina are major adopters in soybean and maize farming. Favorable climates support large-scale cultivation requiring herbicides. Export-driven agriculture further boosts demand in the region.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Herbicides Market. These factors include; Market Drivers, Restraints and Opportunities.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Growing Demand for Food
- Adoption of GM Crops
- Advancements in Formulations
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Government Support- Government support plays a crucial role in driving the global herbicides market. Many governments around the world provide subsidies, incentives, and support programs to farmers to encourage the use of herbicides and other agricultural inputs. These programs aim to enhance agricultural productivity, ensure food security, and promote sustainable farming practices.
In addition to financial support, governments also play a role in regulating the herbicides market through policies and regulations. This includes setting standards for the safe use of herbicides, monitoring their impact on the environment and human health, and promoting the development of new, safer herbicide formulations. Government support, both financial and regulatory, is therefore a key driver in the growth and development of the global herbicides market.
Restraints:
- Environmental Concerns
- Herbicide Resistance
- Health Risks
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High Cost- The high cost of herbicides is a significant restraint on the global herbicides market. Some herbicides, especially newer formulations and those targeting specific weed species, can be expensive for farmers, particularly small-scale farmers in developing countries. The high cost of herbicides can limit their adoption and use, impacting the ability of farmers to effectively control weeds and maximize crop yields.
The high cost of herbicides contributes to the overall cost of agricultural production, reducing the profitability of farming operations. This can be especially challenging for farmers facing fluctuating commodity prices and other economic pressures. As a result, the high cost of herbicides is a key factor hindering their widespread adoption and use in agricultural systems around the world.
Opportunities:
- Bio-based Herbicides
- Precision Farming
- Emerging Markets
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Research and Development- Research and development (R&D) plays a critical role in driving innovation and growth in the global herbicides market. Companies invest heavily in R&D to develop new herbicide formulations, modes of action, and application techniques that are more effective, safer, and environmentally friendly. These efforts aim to address emerging weed control challenges, such as herbicide resistance, while meeting regulatory requirements and consumer demands for sustainable agricultural practices.
R&D in the herbicides market focuses on developing herbicides that are more targeted and selective, minimizing the impact on non-target organisms and the environment. This includes the development of herbicides with novel modes of action that can control weeds resistant to existing herbicides. Overall, ongoing R&D efforts are essential for driving innovation, improving the efficacy and safety of herbicides, and ensuring the long-term sustainability of agriculture.
Herbicides Market Competitive Landscape Analysis
Herbicides Market is advancing through strong innovation, strategic collaborations, and growing integration of precision technologies. Companies are enhancing formulation efficiency by nearly 47% through eco-friendly compounds and automation. Rising adoption in modern agriculture signifies sustained growth driven by sustainable farming practices, improved crop resilience, and increasing demand for high-performance weed management solutions.
Market Structure and Concentration
The market exhibits a moderately consolidated structure, with leading participants controlling around 58% share through alliances and vertical integration. Strategic collaborations in R&D and product development are shaping innovation-led growth. Concentration across production hubs ensures consistent quality and performance, fostering a balanced competitive environment focused on sustainable agriculture and advanced formulation science.
Brand and Channel Strategies
Manufacturers are implementing refined brand management and omnichannel strategies to expand their market presence by about 35%. Strengthened collaboration with distributors, agri-tech platforms, and cooperatives enhances reach and trust. Consistent branding efforts supported by digital marketing and localized service models contribute to reliable growth and reinforced visibility in competitive agricultural sectors.
Innovation Drivers and Technological Advancements
Ongoing technological advancements such as nano-formulations, AI-based crop monitoring, and smart spraying systems have improved field precision by approximately 52%. These innovations enable optimized herbicide use, reducing environmental impact and enhancing efficiency. Integration of precision agriculture and biotechnology fosters sustainable growth, ensuring adaptability to evolving regulatory and ecological standards.
Regional Momentum and Expansion
Accelerated expansion initiatives and targeted collaborations have boosted regional adoption by nearly 41%. Companies are deploying adaptive strategies tailored to crop diversity and local climatic conditions. This regional momentum strengthens supply consistency, enhances capacity utilization, and drives steady growth through integrated distribution frameworks across major agricultural economies.
Future Outlook
The future outlook for the Herbicides Market highlights continuous innovation, increased collaboration, and heightened focus on green chemistry. Projected growth beyond 56% underscores a transition toward sustainable formulations and precision farming technologies. Firms prioritizing technological advancements, digital integration, and data-driven decision-making will sustain competitiveness and long-term industry leadership.
Key players in Herbicides Market include:
- BASF SE
- Bayer AG
- Corteva Agriscience
- Nufarm Ltd
- Syngenta Group
- FMC Corporation
- DuPont de Nemours, Inc.
- ICL Group Ltd.
- Nutrien
- Adama Agricultural Solutions Ltd.
- Sumitomo Chemical Co. Ltd.
- Nissan Chemical Corporation
- Wilbur-Ellis Holdings Inc.
- Heranba Industries Ltd.
- Albaugh LLC
In this report, the profile of each market player provides following information:
- Market Share Analysis
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Application Mode
- Market Snapshot, By Region
- Herbicides Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Growing Demand for Food
- Adoption of GM Crops
- Advancements in Formulations
- Government Support
- Restraints
- Environmental Concerns
- Herbicide Resistance
- Health Risks
- High Cost
- Opportunities
- Bio-based Herbicides
- Precision Farming
- Emerging Markets
- Research and Development
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Herbicides Market, By Type, 2021 - 2031 (USD Million)
- Cereals & Grains
- Fruits & Vegetables
- Oilseeds & Pulses
- Others
- Herbicides Market, By Application Mode, 2021 - 2031 (USD Million)
- Fertigation
- Foliar
- Soil
- Others
- Herbicides Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Herbicides Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- BASF SE
- Bayer AG
- Corteva Agriscience
- Nufarm Ltd
- Syngenta Group
- FMC Corporation
- DuPont de Nemours, Inc.
- ICL Group Ltd.
- Nutrien
- Adama Agricultural Solutions Ltd.
- Sumitomo Chemical Co. Ltd.
- Nissan Chemical Corporation
- Wilbur-Ellis Holdings Inc.
- Heranba Industries Ltd.
- Albaugh LLC
- Company Profiles
- Analyst Views
- Future Outlook of the Market