Global Herbicides Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report – Segmented By Type (Synthetic (Glyphosate, 2, 4-D, Diquat, Others), Bioherbicides), Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Others), Mode Of Action (Non-selective, Selective), And Region (North America, Europe, Asia Pacific, Latin America, and Middle East-Africa) – Industry Analysis From (2024 to 2029)

Updated On: January, 2024
ID: 1913
Pages: 175

Global Herbicides Market Size (2024 to 2029):

The global herbicides market size is expected to reach USD 38.05 billion in 2024 and reach USD 51.52 billion by 2029, growing at a CAGR of 6.25% from 2024 to 2029.

CURRENT SCENARIO OF THE GLOBAL HERBICIDES MARKET

Herbicide is a type of pesticide that is used to control weeds or undesirable plants while leaving the desired crop unharmed. There are various types of herbicides based on type and Mode of Action. Based on Mode of Action, Herbicides are divided into Selective and Non-Selective. Selective Herbicides are used for agricultural purposes to kill unwanted plants while leaving the agricultural crops unharmed. Non-Selective Herbicides are used in Wastelands or construction sites to completely clear plant material.

MARKET DRIVERS AND RESTRAINTS:

Rising demand for high agricultural productivity, increasing populace and rising disposable income are some of the factors driving the market. However, Synthetic Herbicides cause so many environmental hazards which resulted in stringent regulations on the use of Herbicides. These regulations are one of the major factors restraining the market.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2023 to 2029

Base Year

2023

Forecast Period

2024 to 2029

CAGR

6.25%

Segments Covered

By Type, Crop Type, Mode of Action, and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

BASF SE, The Dow Chemical Company, E.I. du Pont de Nemours & Company, Monsanto Company, and Syngenta AG, FMC Corporation, Platform Specialty Products Corporation, Nufarm Ltd., Nissan Chemical Industries Ltd., and Drexel Chemical Co.

 

SEGMENT ANALYSIS

Global Herbicides Market Herbicides Market By Mode of Action:

  • Selective
  • Non-Selective

The cereals and Grains segment accounted for the highest share in the market owing to the increased consumption in diets.

REGIONAL ANALYSIS

Latin America dominated the global market in 2015 owing to the emergence of Latin American countries as Agricultural Powerhouses.

KEY PLAYERS IN THE GLOBAL HERBICIDES MARKET AND HERBICIDES MARKET

The Major Players listed in the Report are BASF SE, The Dow Chemical Company, E.I. du Pont de Nemours & Company, Monsanto Company, Syngenta AG, FMC Corporation, Platform Specialty Products Corporation, Nufarm Ltd., Nissan Chemical Industries Ltd., Drexel Chemical Co.

DETAILED SEGMENTATION OF THE GLOBAL HERBICIDES AND HERBICIDES MARKET INCLUDED IN THIS REPORT

This research report on the global herbicides and herbicides market segmented and sub-segmented based on type. Crop type, Mode of Application and Region.

By Type

  • Synthetic
    • Glyphosate
    • 2
    • 4-D
    • Diquat
    • Others
  • Bioherbicides

By Crop Type

  • Cereals & Grains
  • Oilseeds & Pulses
  • Fruits & Vegetables
  • Others

By Mode Of Application

  • Selective
  • Non-Selective

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • The Middle East and Africa 

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