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Soil Active Herbicides Market Forecast 2025-2034: Comprehensive Analysis And Growth Opportunities
The Soil Active Herbicides Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Projected Growth of the Soil Active Herbicides Market?
In recent times, the market size of soil active herbicides has seen significant growth. Predictions indicate that it will expand from a value of $7.24 billion in 2024 to reach $7.69 billion by 2025, indicating a compound annual growth rate (CAGR) of 6.2%. Several factors have contributed to this growth during the historical period including the intensification of agriculture, an expansion of commercial farming, progressive increase of the global population, cost-effectiveness, government backing for farming activities, a rise in herbicide-tolerant crops, the demand for crops with high yield, and coordinated efforts directed towards reducing environmental damage.
Anticipations are high for the soil active herbicides market segment as it is predicted to experience robust growth within the next few years. Projected to hit a value of $9.9 billion by 2029, it will experience a compound annual growth rate (CAGR) of 6.5%. This growth trajectory for the forecast period can be linked to factors like an increase in global food necessity, a shift towards organic farming methodologies, governmental regulations on herbicide utilization, enhanced investments in agricultural research, and the creation of herbicide-resistant crops. Additionally, consumer demand for pure label products, market rivalry, and product distinction also play a role. Amongst the key trends during this period are the inclusion of digital farming technologies, formulation innovations, holistic weed management, research into methodologies of operation, education on resistance management, market amalgamation, and acquisitions, as well as organic and bio-based replacements.
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What Are the Different Soil Active Herbicides Market Segments?
The soil active herbicides market covered in this report is segmented -
1) By Product Type: Synthetic Herbicides, Bio-Herbicides
2) By Crop: Cereals And Grains, Oilseeds And Pulses, Fruits And Vegetables, Other Crops
3) By Application: Pre-Plant, Pre-Emergence, Post-Emergence
Subsegments:
1) By Synthetic Herbicides: Pre-Emergent Herbicides, Post-Emergent Herbicides, Selective Herbicides, Non-Selective Herbicides
2) By Bio-Herbicides: Plant-Based Herbicides, Microbial-Based Herbicides, Biochemical Herbicides
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What Are the Primary Drivers Shaping the Soil Active Herbicides Market?
Anticipated population growth along with a shift toward plant-based diets are believed to propel the soil-active herbicides market in the future. Factors contributing to population growth include increased life spans, insufficient family planning measures, migration, and others. Plant-based foods, characterized by being entirely derived from plants and devoid of dairy or meat, are gaining popularity, particularly among health-conscious individuals in both developed and developing nations. As the global population increases, so does the need for higher food production. This demand subsequently leads to the increased use of herbicides and other naturally-derived or chemical fertilizers that improve yields. The United Nations, a US-based global organization, predicts that the worldwide population will reach 8.5 billion by 2030 and 9.7 billion by 2050. Therefore, population growth and changing eating habits favoring plant-based foods are expected to fuel the expansion of the soil-active herbicides market.
Which Companies Are Leading in the Soil Active Herbicides Market?
Major companies operating in the soil active herbicides market are Bayer AG, BASF SE, Syngenta AG, DuPont de Nemours, Inc., ADAMA Ltd., Arysta LifeScience, Inc., Nufarm Limited, Nissan Chemical Industries, Ltd., Shandong Binnong Tech Co., Ltd., FMC Corporation, UPL Ltd., Bhaskar Agrochemicals Limited, Dhanuka Agritech Limited, Insecticides Limited, Corteva Agriscience LLC, Sumitomo Chemical Co., Ltd., Cheminova A/S, Gowan Company LLC, Isagro S.p.A., Jiangsu Yangnong Chemical Group Co. Ltd., Kumiai Chemical Industry Co. Ltd., Makhteshim Agan Industries Ltd., Nippon Soda Co. Ltd., Rotam CropSciences Ltd., SinoHarvest Corporation, PI Industries Limited, Rallis India Limited, Sulphur Mills Limited
What Are the Major Trends Shaping the Soil Active Herbicides Market?
One primary trend gaining traction in the soil-active herbicides market is product innovation. Major market players are concentrating on research and development of innovative products to provide additional benefits, improve yield, and secure a competitive market advantage. For instance, Corteva Agriscience, a US-based agricultural chemical firm, introduced Enversa Herbicide in February 2024. This groundbreaking residual herbicide includes a proprietary encapsulated acetochlor that effectively combats tenacious broadleaf and grass weeds, while also offering high crop tolerance for soybeans and cotton. Its adaptability in application window and tank-mix compatibility make it a flexible solution for amplified weed control on a variety of crops. Its low solubility in water ensures the product stays in the soil even in rainy conditions and maintains greater stability in the mixture, which leads to better crop productivity overall.
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What Are the Top Revenue-Generating Geographies in the Soil Active Herbicides Market?
Asia-Pacific was the largest region in the soil active herbicides market share in 2024. The regions covered in the soil active herbicides market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Soil Active Herbicides Market?
2. What is the CAGR expected in the Soil Active Herbicides Market?
3. What Are the Key Innovations Transforming the Soil Active Herbicides Industry?
4. Which Region Is Leading the Soil Active Herbicides Market?
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