Press release
Population Growth Driving Herbicides Market Expansion: A Key Driver Powering Herbicides Market Growth In 2025
Herbicides Market Size
What Is the Current Herbicides Market Size and Its Estimated Growth Rate?
The herbicides market has grown rapidly in recent years and is expected to increase from $47.38 billion in 2024 to $54.42 billion in 2025 at a CAGR of 14.9%. The historical growth has been influenced by conventional farming practices, expanding cropland, the introduction of glyphosate, and the rise of genetically modified crops.
The herbicides market is expected to see rapid growth in the coming years. It will reach $82.45 billion by 2029, growing at a CAGR of 10.9%. This growth is supported by factors such as global population growth, the need for effective weed resistance management, the rise of precision agriculture, and the demand for organic and sustainable farming solutions. Key trends include sustainable weed management practices, precision application technologies, biological herbicides, and the demand for organic and non-GMO herbicides.
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How Are Emerging Segments Shaping the Herbicides Market Landscape?
The herbicides market covered in this report is segmented -
1) By Type: Synthetic, Bio-Based
2) By Mode Of Action: Selective, Non-selective
3) By Application: Grains And Cereals, Pulses And Oilseeds, Commercial Crops, Fruits And Vegetables, Turf And Ornamentals
Subsegments:
1) By Synthetic: Selective Herbicides, Non-Selective Herbicides, Pre-Emergent Herbicides, Post-Emergent Herbicides
2) By Bio-Based: Natural Herbicides, Bioherbicides
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Which Growth Factors Are Influencing Herbicides Market Expansion?
The global population is growing and is projected to reach 10 billion by 2050, which is expected to significantly drive the herbicide market. As the population increases, the demand for food will rise, necessitating higher crop production, farming activities, and trade volumes. In addition, farmers and commercial agricultural companies will acquire more arable land to meet the growing demand for crops, thereby boosting the need for herbicides and fostering market growth.
Who Are the Dominant Players Across Different Herbicides Market Segments?
Major companies operating in the herbicides market include Adama Agricultural Solutions Ltd., BASF SE, Bayer AG, DuPont de Nemours Inc., FMC Corporation, Nufarm Limited, Syngenta AG, Dow Chemical Company, Monsanto Company, Element Solutions Inc., Nissan Chemical Corporation, Drexel Chemical Co. Inc., Sumitomo Chemical Co. Ltd., Wilbur-Ellis Holdings Inc., Upl Limited, Heranba Industries Ltd., Nufarm Ltd., AMVAC Chemical Corp., Albaugh LLC, Cheminova A/S, Chemtura Corporation, Gowan Company LLC, Isagro SPA, Marrone Bio Innovations Inc., Rotam CropSciences Ltd., Sipcam Agro USA Inc., Valent USA LLC, Willowood USA LLC, Zhejiang Xinan Chemical Industrial Group Co. Ltd., Jiangsu Yangnong Chemical Group Co. Ltd., Shandong Weifang Rainbow Chemical Co. Ltd.
What Are the Latest Developing Trends in the Herbicides Market?
Herbicide market players are developing tailored herbicide solutions to maintain competitiveness. In March 2022, Clariant AG launched ADJUWEX to customize glufosinate herbicide formulations for diverse agricultural needs. This innovation addresses challenges in weed control, adapts to local conditions, and supports precision farming, including drone-based applications.
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Which Geographic Regions Are Expected to Dominate the Herbicides Market in the Coming Years?
Asia-Pacific was the largest region in the herbicides market in 2023. South America was the second-largest region in the global herbicides market. The regions covered in the herbicides market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Herbicides Market?
2. What is the CAGR expected in the Herbicides Market?
3. What Are the Key Innovations Transforming the Herbicides Industry?
4. Which Region Is Leading the Herbicides Market?
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