Press release
Herbicides Market to Reach USD 52.1 Billion by 2031 Driven by Rising Global Food Demand, Advanced Crop Protection Technologies, and Resistance Management Innovations.
The Herbicides Market reached USD 32.5 billion in 2022 and is projected to reach USD 52.1 billion by 2031, growing at a CAGR of 6.1% during the forecast period 2024-2031.Growth is driven by the increasing need to enhance crop productivity and yield efficiency amid rising global food demand. Expanding adoption of advanced crop protection solutions, herbicide resistant crop varieties, and precision agriculture technologies is supporting market expansion. Additionally, growing concerns over weed resistance management, sustainable farming practices, and regulatory compliance are encouraging the development of innovative and eco-friendly herbicide formulations. Rising agricultural activities across emerging economies further contribute to the steady growth of the global herbicides market.
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✦ Herbicides Market: Competitive Intelligence
The major global players in the market include Syngenta AG, BASF SE, Bayer AG, Dow AgroSciences, Atanor SCA, FMC Corporation, Nufarm, Arysta LifeScience, Sumitomo Chemical, and Nissan Chemical Corporation, among others.
The Herbicides Market is highly consolidated and driven by leading agrochemical companies such as Syngenta, Bayer, BASF, and FMC Corporation, which offer broad portfolios of selective and non-selective herbicides for crop protection across cereals, oilseeds, fruits, and vegetables. Their advanced formulations support improved weed control efficiency, resistance management, and enhanced crop yield, addressing the growing demand for global food security.
These companies' complementary strengths including Bayer and BASF's strong R&D capabilities, Syngenta's global distribution network, FMC's innovation in active ingredients, and Sumitomo Chemical's diversified agrochemical portfolio are reinforcing competitive positioning. Ongoing investments in next-generation herbicide chemistries, bio-based solutions, precision agriculture integration, and sustainable crop protection technologies are shaping market evolution while addressing regulatory pressures and environmental concerns.
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✦ New Product Launches
Bayer Crop Science
Bayer introduced advanced crop protection herbicide formulations designed to improve weed resistance management and application efficiency. The new solutions focus on enhanced selectivity, improved environmental profile, and compatibility with integrated weed management systems.
Syngenta
Syngenta launched next-generation broad spectrum and selective herbicides aimed at combating resistant weed species in major row crops. The products emphasize improved formulation technology and optimized field performance.
✦ R&D Developments
BASF Agricultural Solutions
BASF advanced R&D in innovative herbicide active ingredients and digital farming integration, targeting resistance mitigation and sustainable agriculture practices. The company is focusing on lower dose formulations and precision application compatibility.
Corteva Agriscience
Corteva continued development of novel modes of action herbicides to address growing weed resistance challenges. Research efforts also include biological-based weed control solutions to support sustainable farming.
✦ Technological Advancements
Resistance Management Technologies
The herbicides market is witnessing advancements in new chemical classes and combination products to delay herbicide resistance. Companies are investing in diversified active ingredient pipelines and integrated crop management strategies.
Precision Agriculture Integration
Herbicide application is increasingly integrated with precision agriculture technologies, including GPS guided spraying and variable rate application systems. These technologies improve efficiency, reduce chemical usage, and enhance crop yields.
✦ M&A / Strategic Developments
Syngenta Group
Syngenta continued strategic investments and collaborations to strengthen its crop protection portfolio, including herbicide innovation and market expansion initiatives. The focus remains on expanding presence in emerging agricultural markets.
UPL Limited
UPL pursued partnerships and portfolio expansions to enhance its global herbicide offerings, emphasizing sustainable and differentiated crop protection products. The strategy supports growth in both branded and generic herbicide markets.
✦ Segment Covered in the Herbicides Market :
By Selectivity :
The market is segmented into Selective Herbicides 65% and Non-Selective Herbicides 35%, with selective herbicides dominating due to their ability to control specific weeds without damaging crops. They are widely used in cereals, grains, and oilseed cultivation to improve yield efficiency. Non-selective herbicides are primarily used for land clearing, industrial vegetation control, and pre-plantation weed management, maintaining steady demand.
By Product Type :
The market includes Glyphosate 40%, 2,4-D 15%, Atrazine 12%, Acetochlor 8%, and Others 15%, with glyphosate leading due to its broad-spectrum effectiveness, cost efficiency, and widespread use across major crop types. 2,4-D and atrazine are commonly applied in cereal crops, Other herbicides support niche crop applications and resistance management strategies.
By Time of Application :
The market is segmented into Post-Emergent 45%, Pre-Emergent 35%, and Pre-Plantation 20%, with post-emergent herbicides dominating due to their effectiveness in controlling weeds after crop establishment. Pre-emergent herbicides are widely adopted to prevent weed germination and reduce early crop competition. Pre-plantation applications are used for land preparation and soil weed control before sowing.
By Crop Type :
Crop types include Cereals & Grains 45%, Oilseeds & Pulses 25%, Fruits & Vegetables 20%, and Others 10%, with cereals and grains dominating due to large cultivation areas of wheat, rice, and corn globally. Oilseeds and pulses represent significant demand driven by soybean and canola production. Fruits and vegetables show growing usage due to the need for high-quality yield and weed management precision.
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✦ Regional Analysis :
Asia-Pacific - 35% Share
Asia-Pacific leads with 35% share driven by extensive agricultural land, high crop production in China and India, and increasing adoption of modern farming practices. Selective herbicides and post-emergent applications dominate. Rising food demand and mechanization support market growth.
North America - 25% Share
North America accounts for 25% share led by the U.S. and Canada. Glyphosate is widely used in large-scale commercial farming. Adoption of genetically modified crops and precision agriculture technologies drives demand.
Europe - 20% Share
Europe holds a 20% share supported by advanced farming practices and strict regulatory frameworks. Selective herbicides dominate, particularly in cereal cultivation. Sustainable agriculture initiatives and integrated weed management strategies influence product adoption.
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✅ Competitive Landscape
✅ Technology Roadmap Analysis
✅ Sustainability Impact Analysis
✅ KOL / Stakeholder Insights
✅ Consumer Behavior & Demand Analysis
✅ Import-Export Data Monitoring
✅ Live Market & Pricing Trends
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