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. In addition, growing population and shrinking arable land are driving demand for herbicides, allowing for increased food production and quality while also enhancing environmental sustainability. Moreover, herbicide demand is rising owing to cost-effectiveness as well as efficient and simple application. Furthermore, health and environmental hazards associated with chemicals used in herbicides in addition to implementation of stringent regulations are a few factors expected to restrain growth of the market.
The research segments the market based on product type, applications and end-use. It profiles the key players of the business and their individual contribution to the global economy. The report focuses on significant investments, business ventures, mergers, acquisitions, collaborations along with the technological developments in the field. It also evaluates the upcoming and niche areas in the business. The researcher aims to offer expert insights related to the industry and the new opportunities available in the market.
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The study on the Global Herbicides Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The Herbicides market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the Herbicides industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Herbicides industry.
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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.
Emergen Research has segmented the global herbicides market based on type, application, mode of action, and region:
Type Outlook (Revenue, USD Billion; 2019-2030)
Application Outlook (Revenue, USD Billion; 2019-2030)
- Pulses Oilseeds
- Grains Cereals
- Commercial Crops
- Fruits Vegetables
- Turf Ornamentals
Mode of Action Outlook (Revenue, USD Billion; 2019-2030)
Herbicides Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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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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