Press release
Herbicides Global Market By Type, By Application, By Mode of Action, By Crop Type, By Region, Segment Forecast, 2023-2032 | Basf Se, Bayer Ag, Dowdupont, FMC Corporation, Nufarm Limited, Syngenta
As per the herbicides market report by The Business Research Company, an increase in the population creates more demand for food. Crop production, farming activities, and trade volumes will have to increase to meet the increased population. Additionally, farmers and commercial farming companies will increase acquisitions of arable land to increase crop production, and this is expected to increase the demand for herbicides and boost market growth.
The global herbicides market size will grow from $34.37 billion in 2022 to $38.04 billion in 2023 at a compound annual growth rate (CAGR) of 10.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global herbicides market size is expected to grow from $57.39 billion in 2027 at a CAGR of 10.8%.
Read More On The Herbicides Market Report Here:
https://www.thebusinessresearchcompany.com/report/herbicides-global-market-report
Major competitors in the herbicides market include 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, and Platform Speciality Products Corporation.
The herbicides market is segmented -
• By Type: Synthetic, Bio Based
• By Mode Of Action: Selective, Non-selective
• By Application: Grains & Cereals, Pulses & Oilseeds, Commercial Crops, Fruits & Vegetables, Turf & Ornamentals
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. North America was the largest region in the Herbicides market.
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Herbicides, commonly known as 'weed killers,' are chemical substances used to control unwanted plants. The features of herbicides include selectivity, activity, mobility in soil, volatility, toxicity, and persistence in the environment.
The Table Of Content For The Herbicides Market Include:
1. Executive Summary
2. Herbicides Market Characteristics
3. Herbicides Market Trends And Strategies
4. Herbicides Market - Macro Economic Scenario
5. Herbicides Market Size And Growth
.....
26. Africa Herbicides Market
27. Herbicides Market Competitive Landscape And Company Profiles
29. Key Mergers And Acquisitions In The Herbicides Market
29. Herbicides Market Future Outlook and Potential Analysis
30. Appendix
The "Global Herbicides Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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