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Herbicides Market Size, Share, Growth, Industry Trends, Global Analysis 2022-2027

07-18-2022 12:11 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Herbicides Market Size, Share, Growth, Industry Trends, Global

The latest research study "Herbicides Market: Global Industry Trends, Share, Growth, Opportunity and Forecast 2022-2027" by IMARC Group, finds that the global herbicides market reached a value of US$ 30.32 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 39.34 Billion by 2027, exhibiting a CAGR of 4.20% during 2022-2027.

Herbicides are chemical agents that inhibit the growth of unwanted plants, which interfere with the growth and yield of desired crops. They generally destroy residential and agricultural weeds and other invasive species. Herbicides improve agricultural productivity and save on labor costs by reducing the need for manual or mechanical weeding. They find efficient utilization on erodible and sloppy lands, which are at high risk of soil and water erosions due to tillage.

Download a Free PDF Sample for more detailed market insights: https://www.imarcgroup.com/herbicides-market/requestsample

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Herbicides Market Trends and Drivers:

The global herbicides market is primarily driven by the increasing demand for high agricultural productivity to meet the global food demand due to a surge in population. Herbicides offer high efficiency, easy application, cost-effectiveness, ensure early and timely planting of crops, and decrease the loss of nutrients and moisture from the soil.

Besides this, the expanding agrochemical industry and rising adoption of unconventional farming practices by farmers to increase the crop yield are also fueling the market growth. Nowadays, the growing awareness regarding the benefits of bio-based herbicides has resulted in extensive investment in research and development (R&D) activities to develop new herbicide variants.

Moreover, governments across various countries are taking initiatives to educate farmers about the concentration of herbicides used in the soil, which is anticipated to create a positive outlook for the market in the upcoming years.

Global Herbicides Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

BASF SE, Bayer AG, Corteva Inc., Drexel Chemical Company, FMC Corporation, Heranba Industries Ltd., Nissan Chemical Corporation, Nufarm, Sumitomo Chemical Co. Ltd., Syngenta Group (China National Chemical Corporation), UPL Limited and Wilbur-Ellis Company LLC.

The report has segmented the market on the basis of region, type, mode of action and application.

Breakup by Type:
• Synthetic
o Glyphosate
o Atrazine
o 2,4-Dichlorophenoxyacetic Acid
o Acetochlor
o Paraquat
o Others
• Bio-Herbicides

Breakup by Mode of Action:
• Selective Herbicides
• Non-Selective Herbicides

Breakup by Application:
• Grains and Cereals
• Pulses and Oilseeds
• Commercial Crops
• Fruits and Vegetables
• Turf and Ornamentals

Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/herbicides-market

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Also, Read Latest Research Reports by IMARC Group:

Plant Genotyping Equipment Market Report 2022-2027 : https://www.imarcgroup.com/plant-genotyping-equipment-market

Agriculture Sprayers Market Report 2022-2027 : https://www.imarcgroup.com/agriculture-sprayers-market

Forage Market Report 2022-2027 : https://www.imarcgroup.com/forage-market

Agricultural Chelates Market Report 2022-2027 : https://www.imarcgroup.com/agricultural-chelates-market

Nematicides Market Report 2022-2027 : https://www.imarcgroup.com/nematicides-market

Contact Us:

IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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