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Herbicides Market Share is Growing At CAGR of 5.4% and Expected to Reach $7,998.9 Million by 2025

06-10-2019 02:19 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

Herbicides Market

Herbicides Market

The report provides a comprehensive analysis of the herbicides market covering aspects including market size and share, market dynamics, market segmentation, and competitive landscape. The report serves as a vital tool for stakeholders such as market players and investors as it helps them determine how the market will evolve across different regions and technology segments. It also helps them to grab the opportunities to grow and expand in the space.

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High adoption of herbicides in Latin America, unavailability of fertile land, and decrease in workforce and consequential rise in labor charges drive the growth of the global herbicides market. The synthetic segment would remain dominant in terms of revenue through 2025. The selective segment would maintain its revenue lead during the forecast period. The soybean segment would grab the largest market share through 2025. Asia-Pacific is expected to register the highest CAGR.

The report offers an analysis of the growth drivers, restraints and opportunities of the global herbicides market. High adoption of herbicides in Latin America, unavailability of fertile land, and decrease in workforce and consequential rise in labor charges drive the growth of the market. However, health hazards by herbicides and growth in health concern restrict the growth of the industry. Conversely, potential in Asia-Pacific and Latin America and prompt acceptance of bioherbicides offer new opportunities for the growth of the market.

Segmentation Analysis of the Industry

The report offers a broad segmentation of the global herbicides market. It segments the market into type, mode of action, crop type, and region. Based on type, the market is classified into synthetic herbicide and bioherbicide. The synthetic segment contributed 95.3% of the total market share in 2017 and will maintain its dominance through 2025. The mode of action segment is divided into selective and non-selective. The selective segment is expected to maintain its lead position in terms of revenue through 2025. Among the crop types, the soybean segment is likely to grab the largest market share during the forecast period. The other subsegments of this section are corn, cotton, wheat, and others. The report covers a study of the regions such as North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is expected to register the highest CAGR of 6.5% through 2025 while Europe would maintain its dominance in terms of revenue through the study period.

Industry Key Players

The report also includes an analysis of the leading players operating in the global herbicides market. They include BASF, Bayer AG, DowDupont, Syngenta AG, FMC Corporation, Adama Agricultural Solutions Ltd, and Nufarm Ltd.

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Table Of Content

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO prospective
2.3. Market Beyond: what to expect by 2025
2.3.1. Moderate growth scenario
2.3.2. Rapid growth scenario
2.3.3. Diminishing growth scenario

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Highlight on addressable market
3.3. Key findings
3.3.1. Top impacting factors
3.3.2. Top wining strategies
3.4. Porter’s five forces analysis
3.5. Top player positioning, 2017
3.6. Top investment pockets
3.7. Market dynamics
3.7.1. Drivers
3.7.1.1. High adoption of herbicides in Latin America
3.7.1.2. Unavailability of fertile land
3.7.1.3. Decrease in workforce and consequential rise in labor charges
3.7.2. Restraint
3.7.2.1. Health hazards by herbicides and growth in health concern
3.7.3. Opportunities
3.7.3.1. Potential in Asia-Pacific and Latin American
3.7.3.2. Prompt acceptance of bioherbicides
3.8. Government bodies and regulations
3.9. Pricing analysis for herbicide application, by region
3.10. Herbicide consumption per acre
3.11. Average hand weeding charges

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About US:
Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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