Soil Active Herbicides Market Size Forecast: $9.62 Billion by 2029 | Global Outlook

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What Is the Projected Market Size Valuation of the Soil Active Herbicides Market by 2025?
In recent times, the market size for soil active herbicides has experienced consistent growth. Expected to rise from $7.24 billion in 2024 to $7.58 billion in 2025, it is projected to follow a compound annual growth rate (CAGR) of 4.7%. Factors causing this growth during the historical period include the intensification of agriculture, the expanse of commercial farming, increased global population, cost-effectiveness, governmental agricultural support, the rise in herbicide-tolerant crops, demand for high yield crops, and environmental impact reduction efforts.

What Is the Estimated Market Growth Value for the Soil Active Herbicides Industry in 2029?
The market for soil-active herbicides is predicted to experience significant expansion in the forthcoming years, increasing to $9.62 billion by 2029 with a compound annual growth rate (CAGR) of 6.1%. Factors contributing to this anticipated expansion during the forecast period are the growing global requirement for food, the adoption of organic farming methods, government regulations concerning the use of herbicides, heightened agricultural research investment, the creation of herbicide-tolerant crops, consumer preference for products with transparent labeling, market competition, and product individuality. Key trends forecasted during this period encompass the inclusion of digital farming technologies, revolutionary changes in formulations, comprehensive weed control, modal action studies, instruction on resistance management, market amalgamation and collaborations, and organic and biologically-derived alternatives.

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What Are the Growth Drivers and Opportunities in the Soil Active Herbicides Market?
The escalation in population numbers and the shift in dietary habits towards foods derived primarily from plants are projected to boost the soil-active herbicides market's expansion. This surge in population can be attributed to factors like a disparity between birth and death rates, inadequate family planning, migration, and others. Completely devoid of any dairy or meat products, plant-based food solely originates from plants. Individuals in both developed and underdeveloped countries are becoming increasingly mindful of their health, thus incorporating such plant-based food items into their daily diets. The increasing population requires an amplified production of food, augmenting the utilization of herbicides and other naturally or chemically derived fertilizers for better yield. For example, the United Nations (UN), an international organization based in the United States, expects the global population to hit 8.5 billion by 2030 and further increase to 9.7 billion by 2050. Consequently, this rise in population coupled with the shift towards plant-based diets is expected to propel the growth of the soil-active herbicides market.

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What Are the Primary Segments Covered in the Global Soil Active Herbicides Market Report?
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

What Are the Top Growth Trends in the Soil Active Herbicides Market?
With product innovation becoming an increasingly prevalent trend in the soil-active herbicides market, major players are concentrating on R&D to formulate innovative products. These would provide improved benefits, facilitate superior yield and provide them with a competitive advantage. For example, in February 2024, Corteva Agriscience, an agricultural chemical business based in the USA, introduced Enversa Herbicide to the market. This inventive residual herbicide includes a proprietary encapsulated acetochlor and effectively takes on difficult broadleaf and grass weeds, while also providing a high level of crop tolerance for cotton and soybeans. Benefiting from a flexible application window and tank-mix compatibility, it is a versatile option for improved weed management across a range of crops. Its low water solubility ensures that the product remains in the soil all through rainfall, providing greater mixture stability and ultimately improving productivity.

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Which Companies Are Shaping the Future of 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

Which Region Holds the Largest Market Share in the Soil Active Herbicides Industry?
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.

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