Press release
Herbicides Market is expected to grow at a CAGR of 13% and reach $51.47 billion by 2023
The global herbicides market was worth $ 32.64 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 13% and reach $51.47 billion by 2023.
Major players in the market are Adama Agricultural Solutions Ltd, Basf Se, Bayer Ag, Dowdupont, FMC Corporation, Nufarm Limited, Syngenta, The Dow Chemical Company, E.I. Du Pont De Nemours And Company, Monsanto Company
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Scope
Markets Covered:
1) By Type: Synthetic; Bio Based
2) By Application: Grains & Cereals; Pulses & Oilseeds; Commercial Crops; Fruits & Vegetables; Turf & Ornamentals
Companies Mentioned: Adama Agricultural Solutions Ltd; Basf Se; Bayer Ag; Dowdupont; Fmc Corporation
Countries: Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA and Australia.
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, per capita expenditure.
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
This study mainly helps understand which Herbicides market segments or Region or Country they should focus in coming years to channelize their efforts and investments to maximize Growth and profitability. The report presents the market competitive landscape and a consistent in depth analysis of the major vendor/key players in the market.
Regional and Country Level Analysis for Herbicides Market:
The report offers in-depth assessment of the growth and other aspects of the Herbicides market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
Market Overview
The herbicides market has been geographically segmented into North America, Western Europe, Asia-Pacific, Eastern Europe, South America and Middle East & Africa. Asia Pacific accounts for around 42% of the market.
The Herbicides market covered in this report is segmented by type into synthetic, bio based. It is also segmented by application into grains & cereals, pulses & oilseeds, commercial crops, cruits & vegetables, turf & ornamentals.
World population is growing and is expected to reach 10 billion by 2050, this is expected to significantly boost the herbicides market. Increase in population creates more demand for food. Crop production, farming activities and trade volumes will have to increase in order to meet increased population. Additionally, farmers and commercial farming companies will increase acquisitions in arable land to increase crop production, this is expected to increase the demand for herbicides.
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Important Features that are under Offering and Key Highlights of the Reports:
- Detailed overview of Market
- Changing market dynamics of the industry
- In-depth market segmentation by Type, Application etc
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of Herbicides Market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
Research uses a bottom-up approach to assess the overall size of the market. Data from different industries and end-user industries and their applications across different product types are recorded and forecast during the forecast period. These segments and sub-segments are documented by industry experts and experts, as well as company representatives, and by analyzing data from these segments and sub-segments over the last few years, Externally verified to gain market size.
We also offer customization on reports based on specific client requirement:
1-Free country level analysis for any 5 countries of your choice
2- Free Competitive analysis of any 5 key market players.
3- Free 40 analyst hours to cover any other data points.
Browse Related Reports:
Global Agrochemical Market - World Market Review By Product Type (Herbicides, Fungicides, Insecticides, Bio & Others, Non Crop Chemical), By Chemical Type, By Crop Type (2019 Edition): Opportunities And Forecast (2019-2024)
https://www.marketinsightsreports.com/reports/04272008178/global-agrochemical-market-world-market-review-by-product-type-herbicides-fungicides-insecticides-bio-others-non-crop-chemical-by-chemical-type-by-crop-type-2019-edition-opportunities-and-forecast-2019-2024/inquiry?Mode=19
Global Crop Protection Market (Herbicides, Insecticides & Fungicides): Insights, Trends & Forecast (2019-2023)
https://www.marketinsightsreports.com/reports/04282009315/global-crop-protection-market-herbicides-insecticides-fungicides-insights-trends-forecast-2019-2023/inquiry?Mode=19
Note: All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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