Herbicides Market Segmentation, Regional and Country Analysis, Competitive Landscape, Growth Revenue Share Outlook 2022-2029

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The Herbicides Market research report gives a comprehensive estimation of the market. The study provides a comprehensive analysis of important segments, market trends, market drivers, market restraints, competitive landscape, and key factors that play a crucial role in the global market.

Global Herbicide Market Analysis 2022-2029

According to the research report published by DataM Intelligence, the herbicide market size is expected to reach USD 7.9 billion by 2029, growing at a CAGR of 6.5% during the forecast period 2022-2029. Rising food demand due to growing global population has proven to be one of the major macroeconomic aspects driving the herbicide market demand.

The Herbicides Market research report gives a comprehensive estimation of the market. The study provides a comprehensive analysis of important segments, market trends, market drivers, market restraints, competitive landscape, and key factors that play a crucial role in the global market.

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Detailed segmentation of the global herbicides market:

The herbicides market is segmented by selectivity, product type, application timing and crop type. By selectivity (selective herbicides, non-selective herbicides), by product type (glyphosate, acetochlor, 2,4-D, atrazine, dicamba, others), by application time (pre-planting, pre-emergence, post-emergence ), By type of crop (cereals and grains, oilseeds and pulses, fruits and vegetables, other).

Growth factors of the global herbicides market

The main purpose of accepting herbicides is to improve agricultural productivity by killing noxious grasses and weeds on the plantation. Hence, the growing demand for heavy agricultural productivity to meet the global food demand is mainly pushing the herbicide market.

Additionally, increasing population and growing disposable income of a growing region like Asia-Pacific has increased the demand for the herbicide market. However, the dangers of synthetic herbicides lead to stringent rules and regulations on the use of herbicides, which mainly hinder the growth of the herbicide market.

The Global Herbicides Market is anticipated to produce with a stable growth rate throughout the forecast period as the majority of the driving and restraining forces would have continuous results in the global market. Reduce the labor force; owing to an increase in the cost of labor, and lack of arable land are the major factors driving the growth of the herbicide market.

Global Herbicides Market Challenges and Restraints:

There are few restraints and challenges faced that will hinder the growth of the global market. The elements such as the use of herbicides are estimated to spoil the air we breathe as well as drinking water to stunt the growth during the forecast period. Additionally, the carcinogenicity of some active ingredients and the rest of the herbicides is restraining the market growth. Additional and stringent approval methods and lack of standards and protocols are the possible restraints hampering the overall growth of the global herbicide market. However, an increase in the agricultural industry in growing regions and improved new formulations provide positive growth opportunities.

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Geographic classification:

The global market is categorized into five major regions North America, Europe, Asia-Pacific, Latin America, Middle East & Africa, and Rest of the World.

North America region leading the global herbicide market:

North America will remain the main consumer of herbicides until 2028 due to the trend of early acceptance of tools in developed countries in the region. Considering this, North American herbicides share predictable growth over the forecast period. Additionally, North America and Asia-Pacific are expected to be the fastest growing markets with a CAGR of 4.2% and 6.9%, hence throughout the forecast period 2022- 2029.

The Asia-Pacific region holds the major global market share:

Asia-Pacific holds the largest market share. India and China are leading countries in the form of population increase in the Asia-Pacific region.

Major Vendors Playing a Key Role in Global Herbicides Industry:

Some of the key companies profiled in the global market report are; Syngenta AG, BASF SE, Bayer AG, Dow Agrosciences, Atanor SCA, FMC Corporation, Nufarm, Arysta Lifesciences, Sumitomo Chemical and Nissan Chemical.

The full report contains the information below.

  1. The report offers a comprehensive valuation of the market in terms of market value (USD) and annual growth rate (%). It does this by using in-depth qualitative insights, historical data (2020-2021) and verifiable projections of the market size over the forecast period (2022-2029).
  2. Visualize the composition of the Herbicides market segmentation by selectivity, by product type, by application time, by crop type, and by region, highlighting key business assets and players.
  3. Identify business opportunities in the market by analyzing trends and co-development agreements.
  4. The report also covers data insights on various industry forces such as carrier’s five forces, regulations in each country, reimbursement scenario, technological advancements, PEST analysis, and price analysis.
  5. Excel data sheet with thousands of market level 4/5 segmentation data points.
  6. PDF report with the most relevant analysis convincingly assembled after exhaustive qualitative interviews and in-depth market research.
  7. Product mapping in Excel for key product of all major market players
  8. The report will provide access to approximately 50+ market data tables, over 40 figures and almost 180 pages.

Additional benefits after purchase:

  1. Unlimited Analyst Support for a period of 1 year.
  2. Any questions regarding the scope offered will be answered within 24-48 hours.
  3. An Excel sheet with market numbers will be provided separately

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