openPR Logo
Press release

Herbicides Market - Research Report

The significant rise in demand for food, propelled by the rapid rise in the global population, has impelled farmers and agriculturists to utilize herbicides in increased quantities on crops. Owing to this, the demand for herbicides has been witnessing a remarkable surge in the recent times.

This 180 page report gives readers a comprehensive overview of the Herbicides Market. Browse through to unlock the hidden opportunities in this market @
http://www.transparencymarketresearch.com/herbicides-market.html

Analysts at TMR expect this trend to increase substantially over the next few years. The opportunity in the global market for herbicides, which stood at US$22.3 bn in 2014, is likely to expand at a CAGR of 6.20% from 2015 to 2023 and reach US$38.3 bn by the end of 2023.

Increasing Demand for Grains Fuels Application of Herbicides in Cereals and Grains Segment

Herbicides find widespread application in cereals and grains, fruits and vegetables, oilseeds and pulses, and other crops. The demand for herbicides was the strongest in the cereals and grains segment in 2014 with a share of 37.1%. The significant rise in the demand for grains is the key driving factor behind this growth.

Analysts expect the cereal and grains segment to remain leading during the period from 2015 to 2023. The Fruits and vegetables segment, however, is likely to record the fastest growth in the demand for herbicides in the coming years. The shifting preference of consumers from traditional food to fruits and green and leafy vegetables, propelled by the increasing awareness regarding fitness and healthcare, is anticipated to fuel the application of herbicides in this segment.

Latin America to Report Fastest Growth in Demand for Herbicides

Asia Pacific, Latin America, North America, Europe, and the Rest of the World are the main regional markets for herbicides. Among these, Asia Pacific has emerged as the leading herbicide consumer. It accounted for a share of nearly 28% in the overall demand for herbicides in 2014. Latin America closely followed Asia Pacific in 2014 and is expected to report the fastest increase in the demand for herbicides over the next few year.

The huge population base, especially in India and China, has created a massive need for food in Asia Pacific. Apart from this, most of the countries in this region are agrarian economies, which primarily rely on cultivation. As the crop yields in this region have been declining since the last few years, farmers in Asia Pacific are compelled to spray herbicides on their crops to increase productivity as well as quality.

As a result, the demand of herbicides in Asia Pacific has soared remarkably in the recent time and is expected to remain so over the next few years. Driven by this increased consumption, Asia Pacific is likely to retain its leadership in the coming years.

Europe, which held a share of nearly 20% in the global market in 2014, is anticipated register moderate growth and lose some market share in the near future. Similarly, the Middle East and Africa is likely to witness sluggish growth over the next few years due to the lack of arable land, which in turn, will limit the demand for herbicides in this region.

Get accurate market forecast and analysis on the Herbicides Market. Request a sample to stay abreast on the key trends impacting this market @
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=6994

Competitive Landscape of Global Herbicides Market - Snapshot

The global market for herbicides demonstrates a moderately fragmented landscape. Syngenta AG, Bayer CropScience AG, BASF SE, Dow AgroSciences LLC, and ADAMA Agricultural Solutions Ltd. are the leading herbicides producers across the world. In 2014, these players accounted for a share of nearly 53% in this market. Some of the other prominent market participants are Sumitomo Chemical Co. Ltd., Monsanto Co., DuPont, Nufarm Ltd., and FMC Corp.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Herbicides Market - Research Report here

News-ID: 538928 • Views: 323

More Releases from Transparecny Market Research

Aluminium Pan Market - Business Strategies With Major Key Players | Groupe SEB, …
Aluminium Pan Market: An Overview The need for low price, strong and lightweight cookware urged the companies to manufacture aluminium pan. The pan is cheap and durable as compared to other pan made from different materials. It is extensively used in household works because of its budget cost and various advantages. Aluminium pan is cost-effective, fire resistant, and is a good conductor of heat. This pan is temperature resistant and does
Hog Production and Pork Market to Reach a Valuation of ~US$ 464 Bn by 2027: Tran …
Hog Production and Pork Market: Introduction A recent study published by Transparency Market Research on the hog production and pork market includes global industry analysis and opportunity assessment for 2019-2027. The global hog production and pork market is expected to be valued at ~US$ ~398 Bn in 2019, which is projected to rise at a CAGR of ~2%, to reach a value of US$ 464 Bn by 2027. Obtain Report Details: https://www.transparencymarketresearch.com/hog-production-pork-market.html Pork
2,3-Butanediol Market 2027 - Demand and Sales Forecasts, Market Share, Market Si …
2,3-Butanediol Market – Production to Move from Pilot Plants to Full-scale The ~3% CAGR of the 2,3-butanediol market during 2019-2027 is emblematic of a nascent phase of the industry, which currently possesses narrow channels of commercialization. To infiltrate proper education regarding the use of this chemical as a precursor, manufacturers are making investments towards the development of pilot plants. View Full Report @ https://www.transparencymarketresearch.com/2-3-butanediol-market.html According to the research, the demand for 2,3-butanediol as
2-Ethylhexanoic Acid Market To Reach US$ 1.46 Bn By 2026
Overview The research report provides valuable insights into demand drivers, geographical outlook, and competitive landscape of the 2-Ethylhexanoic Acid Market for the 2017-2025 forecast period. Further, it throws light on restraints as well discusses opportunities at length that are likely to come to the fore over the forecast period. The analysis thus provided helps Market stakeholders with business planning and to gauge scope of expansion in the 2-Ethylhexanoic Acid Market over

All 5 Releases


More Releases for Pacific

15th Asia-Pacific Pharma Congress
MAY 4-8, 2018 Melbourne, Australia: Conference Series, host of 15th Asia-Pacific Pharma Congress on Pharmaceutical Sciences, a unique Pharma Conference that discusses the latest advancements emerging in the field of pharmaceutical sciences. Asia Pharma 2018 will provide interactive sessions regarding the latest advancements emerging in the field along with recent advances. It also provides an opportunity to showcase your innovation in front of the world for the global recognition. Asia
Asia-Pacific Clinical Nutrition market
The Asia-Pacific Clinical Nutrition market was worth $15.28 billion in 2016 and estimated to be growing at a CAGR of 5.91%, to reach $20.36 billion by 2021. Asia-Pacific clinical nutritional market is mainly driven by increasing awareness for such products among the common people. Vitamins, Amino acids, minerals, carbohydrates and proteins are some of the essential nutrients required in the diet. Various diseases such as diabetes, cancer, GI diseases, kidney and
09-25-2017 | Sports
Orbis Research
Sportswear Market in Asia Pacific
Summary This report helps to analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Sportswear in Asia Pacific Description Asia Pacific plays an integral role in the global sportswear market, accounting for 38% of global sportswear absolute value growth from 2011 to 2016. Although China leads the region, accounting for 46% of value sales in 2016, dynamic markets such as India
Asia Pacific Proteins Assays Market
The Asia Pacific Proteins Assays Market was worth $204.8 million in 2016 and estimated to be growing at a CAGR of 12.42%, to reach $367.75 million by 2021. Rising application of protein content determination in various fields related to pharmacy and biotechnology has stimulated the growth of market. Browse Full Report @ http://marketdataforecast.com/market-reports/asia-pacific-protein-assays-market-3063/ Protein quantification is a vital step of dairy workflow of protein extraction in biochemistry and molecular biology that involves
Airlines in Asia-Pacific 2017
ReportsWorldwide has announced the addition of a new report title Airlines in Asia-Pacific 2017 to its growing collection of premium market research reports. Airlines in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Synopsis: Essential resource for top-line data
Asia-Pacific Agricultural Adjuvants Market
“Asia-Pacific Agricultural Adjuvants Market ", published by Market Data Forecast, the Asia-pacific market is projected to reach USD$1.07 billion by 2021, at a CAGR of 6.56% from 2016 to 2021. Agricultural Adjuvants are witnessing a sizable demand since farmers are resolute to attain nutritious and high quality crop production. They are utilised to boost the efficiency of pesticides such as Insecticides, Herbicides, Fungicides, and other agents that are used to control