Latin America Dicamba Herbicide Market is forecasted to reach USD 82.69 million by 2021

According to the report Latin America Dicamba Herbicide market, published by Market Data Forecast, the Market had a value of USD 57.87 million in 2016 and is forecasted to exhibit a CAGR of 7.4% and reach USD 82.69 million by 2021. Latin America Market is expected to rise tremendously because of changing farming practices from traditional to conventional.
Dicamba is a type of herbicide that is used to kill various types of weeds in pastures, Range lands and Non-crop areas. Dicamba works by increasing plant growth rate. At sufficient amounts, Plant outgrows its nutrient supplies and dies. Dicamba is generally used to kill Broad leaf weeds, annual and perennial rose weeds in grain crops and high lands.

Browse market data tables and in-depth TOC of the Latin America Dicamba Herbicide Industry to 2021 @ http://www.marketdataforecast.com/market-reports/latin-america-dicamba-herbicide-market-2094/

The growing need of food security for rising populace and rising crop loss owing to weed problems, along with changing agricultural practices from traditional to conventional are some of the factors driving the growth of the Latin America dicamba herbicide market. However, some of the factors like volatility of Dicamba, Stringent regulatory approvals and growing organic food industry are restraining the Latin America market.

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Latin America Dicamba Herbicide Market is segmented based on by Crop Type, Formulation, Physical Form, & Time of Application. Based on Crop Type, Latin America market is further segmented into Cereals & Grains, Oilseeds & Pulses, and Pastures & Forage Crops. Based on Formulation, market is segmented into Acid and Salt. Based on Physical form, Latin America market is further Segmented into Dry and Liquid. Based on Time of application, Latin America market is further segmented into Pre- and Post-Emergence. Cereals & grains dominated the Latin America market owing to growing demand to reduce crop loss. Oilseeds & Pulses is the fastest growing segment during the forecast period. Geographically, Latin America market is further segmented into Brazil, Argentina and Mexico.

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This report includes a study of marketing and development strategies of leading companies such as Monsanto Company, BASF SE, Bayer Crop Science, E.I. du Pont de Nemours and Company, The Dow Chemicals Company, and Syngenta AG

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