Herbicides Market

By Type;

Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses and Others

By Application Mode;

Fertigation, Foliar, Soil and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn257669631 Published Date: September, 2025 Updated Date: October, 2025

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 Period2025 - 2031
Base Year2024
CAGR (%)11.2 %
Market Size (2024)USD 43,561.61 Million
Market Size (2031)USD 91,587.75 Million
Market ConcentrationLow
Report Pages384
43,561.61
2024
91,587.75
2031

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.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application Mode
    3. Market Snapshot, By Region
  4. 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. Herbicides Market, By Type, 2021 - 2031 (USD Million)
      1. Cereals & Grains
      2. Fruits & Vegetables
      3. Oilseeds & Pulses
      4. Others
    2. Herbicides Market, By Application Mode, 2021 - 2031 (USD Million)
      1. Fertigation
      2. Foliar
      3. Soil
      4. Others
    3. Herbicides Market, By Geography, 2021 - 2031 (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
      6. FMC Corporation
      7. DuPont de Nemours, Inc.
      8. ICL Group Ltd.
      9. Nutrien
      10. Adama Agricultural Solutions Ltd.
      11. Sumitomo Chemical Co. Ltd.
      12. Nissan Chemical Corporation
      13. Wilbur-Ellis Holdings Inc.
      14. Heranba Industries Ltd.
      15. Albaugh LLC
  7. Analyst Views
  8. Future Outlook of the Market