Market Summary
Research Methodology on Herbicides Market
Abstract
This research focuses on the herbicides market and provides an in-depth study of trends, technologies, and regulations that are indicative to the market's growth. Through the comprehensive analysis of pricing, demand supply and trade of herbicides, we were able to identify the primary growth drivers, which are expected to have a positive effect on the industry performance in the forecast period 2023 to 2030. The report assesses the market size and provides forecasts of the same. Additionally, the report covers the key strategies adopted by market players, which we believe will contribute to the market’s growth during the said forecast period.
Introduction
The herbicides market is estimated to grow during the forecast period (2023–2030). Herbicides play an important role in crop production as they help control the presence of weeds that infest the environment of the crops and can damage or destroy them. Herbicides are also essential in pollution prevention and can have a positive environmental impact when applied properly. Furthermore, agronomic practices simplify the use of herbicides as an effective tool. With global population expected to continue to grow, there is an increasing demand for improved quality and quantity of food. In response, the application of herbicides in crop fields is essential in order to produce high-yield crops and meet the growing demand for food.
Research Objectives
The main objective of this research is to provide a comprehensive evaluation of the herbicides market. The report includes an in-depth review of the pricing, trends, demand, supply and trade of herbicides. Additionally, the report will cover the major strategies adopted by market players and their impact on the industry. A thorough assessment of the key growth drivers that will have a positive contribution to the industry performance in the forecast period is also included.
Methodology
This research was conducted using both qualitative and quantitative research approach. The qualitative research included interviews with industry experts and stakeholders on the existing landscape of the herbicides market. The aim of this research was to gain insights into the regulations, pricing trends, and technologies that are influencing the growth of the market.
In order to do the quantitative research, primary data was gathered through online surveys and analyzed using market research tools. A comprehensive analysis of the competitive landscape of the herbicides market was done using Porter’s Five Force Analysis to assess the degree of competition among the major players. The data gathered was also linked to secondary data gathered from various sources such as industry reports, government documents, and databases. The key findings of the research were used to make informed decisions regarding the trends, challenges, and opportunities in the herbicides market.
The research methodology was based on an extensive secondary research phase and a primary research phase. During the secondary research phase, detailed market research was conducted to understand the global market by researching credible sources such as government reports, Whitepapers, Trade Journals, Annual Reports, press releases, industry surveys and others. Data from these sources was collected and analyzed. Additionally, the primary data was collected through an online survey of respondents who are industry experts, and key opinion leaders.
Analysis and Findings
The analysis and findings of this report are based on the data gathered from the market research method discussed in the earlier sections. The research was used to build a detailed landscape of the herbicides market.
The report analyzed the key strategies of leading market players and their impact on the industry. Furthermore, the research discussed the current pricing, demand and supply trends in the industry, along with the regulations that are indicative to the market’s growth. Additionally, a comprehensive analysis of the competitive landscape of the herbicides market was done using Porter’s Five Force Analysis to assess the degree of competition among the major players. The report also covers the key growth drivers that are expected to have a positive contribution to the industry performance in the forecast period 2023 to 2030.
Conclusion
The herbicides market is currently experiencing significant growth due to the increasing demand for food driven by population growth. The demand for herbicides is expected to continue to grow due to its importance in crop production. The report outlines various strategies adopted by market players to increase their presence in the industry and provides an in-depth review of the regulations and technologies that are indicative to the growth of the market. Additionally, the research covered the pricing and demand trends in the industry. With the comprehensive evaluation of trends in the industry, the report identifies the key growth drivers that are expected to fuel the industry performance in the forecast period 2023 to 2030.
Market Size & Forecast
Attribute/Metric | Details |
Market Size 2023 | USD 33.39 billion |
Market Size 2024 | USD 35.3934 billion |
Market Size 2032 | USD 53.21 billion |
Compound Annual Growth Rate (CAGR) | 5.23 % (2024-2032) |
Base Year | 2022 |
Market Forecast Period | 2024-2032 |
Historical Data | 2018- 2022 |
Market Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Active Ingredient, Category, Mode of Action, and Crop Type |
Geographies Covered | Asia Pacific, North America, Europe, and the Rest of the World |
Countries Covered | The U.S., Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
Key Companies Profiled | Element Solutions Inc (US), Kenvos Bio (China), Bayer AG (Germany), and FMC Corporation (US). |
Key Market Opportunities | An expansion of the agriculture sector in underdeveloped countries. |
Key Market Dynamics | Adoption of better farming practices ly. |
Major Players
Herbicides Active Ingredient Outlook (USD Billion, 2018-2032)
Glyphosate
2, 4-D
Atrazine
Diquat
Others
Herbicides Category Outlook (USD Billion, 2018-2032)
Synthetic Herbicides
Bioherbicides
Herbicides Mode of Action Outlook (USD Billion, 2018-2032)
Selective
Non-Selective
Herbicides Crop Type Outlook (USD Billion, 2018-2032)
Pulses & Oilseeds
Cereals & Grains
Fruits & Vegetables
Others
Herbicides Regional Outlook (USD Billion, 2018-2032)
North America Outlook (USD Billion, 2018-2032)
North America Herbicides by Active Ingredient
Glyphosate
2, 4-D
Atrazine
Diquat
Others
North America Herbicides by Category
Synthetic Herbicides
Bioherbicides
North America Herbicides by Mode of Action
Selective
Non-Selective
North America Herbicides by Crop Type
Pulses & Oilseeds
Cereals & Grains
Fruits & Vegetables
Others
US Outlook (USD Billion, 2018-2032)
US Herbicides by Active Ingredient
Glyphosate
2, 4-D
Atrazine
Diquat
Others
US Herbicides by Category
Synthetic Herbicides
Bioherbicides
US Herbicides by Mode of Action
Selective
Non-Selective
US Herbicides by Crop Type
Pulses & Oilseeds
Cereals & Grains
Fruits & Vegetables
Others
CANADA Outlook (USD Billion, 2018-2032)
CANADA Herbicides by Active Ingredient
Glyphosate
2, 4-D
Atrazine
Diquat
Others
CANADA Herbicides by Category
Synthetic Herbicides
Bioherbicides
CANADA Herbicides by Mode of Action
Selective
Non-Selective
CANADA Herbicides by Crop Type
Pulses & Oilseeds
Cereals & Grains
Fruits & Vegetables
Others
Europe Outlook (USD Billion, 2018-2032)
Europe Herbicides by Active Ingredient
Glyphosate
2, 4-D
Atrazine
Diquat
Others
Europe Herbicides by Category
Synthetic Herbicides
Bioherbicides
Europe Herbicides by Mode of Action
Selective
Non-Selective
Europe Herbicides by Crop Type
Pulses & Oilseeds
Cereals & Grains
Fruits & Vegetables
Others
Germany Outlook (USD Billion, 2018-2032)
Germany Herbicides by Active Ingredient
Glyphosate
2, 4-D
Atrazine
Diquat
Others
Germany Herbicides by Category
Synthetic Herbicides
Bioherbicides
Germany Herbicides by Mode of Action
Selective
Non-Selective
Germany Herbicides by Crop Type
Pulses & Oilseeds
Cereals & Grains
Fruits & Vegetables
Others
France Outlook (USD Billion, 2018-2032)
France Herbicides by Active Ingredient
Glyphosate
2, 4-D
Atrazine
Diquat
Others
France Herbicides by Category
Synthetic Herbicides
Bioherbicides
France Herbicides by Mode of Action
Selective
Non-Selective
France Herbicides by Crop Type
Pulses & Oilseeds
Cereals & Grains
Fruits & Vegetables
Others
UK Outlook (USD Billion, 2018-2032)
UK Herbicides by Active Ingredient
Glyphosate
2, 4-D
Atrazine
Diquat
Others
UK Herbicides by Category
Synthetic Herbicides
Bioherbicides
UK Herbicides by Mode of Action
Selective
Non-Selective
UK Herbicides by Crop Type
Pulses & Oilseeds
Cereals & Grains
Fruits & Vegetables
Others
ITALY Outlook (USD Billion, 2018-2032)
ITALY Herbicides by Active Ingredient
Glyphosate
2, 4-D
Atrazine
Diquat
Others
ITALY Herbicides by Category
Synthetic Herbicides
Bioherbicides
ITALY Herbicides by Mode of Action
Selective
Non-Selective
ITALY Herbicides by Crop Type
Pulses & Oilseeds
Cereals & Grains
Fruits & Vegetables
Others
SPAIN Outlook (USD Billion, 2018-2032)
SPAIN Herbicides by Active Ingredient
Glyphosate
2, 4-D
Atrazine
Diquat
Others
SPAIN Herbicides by Category
Synthetic Herbicides
Bioherbicides
SPAIN Herbicides by Mode of Action
Selective
Non-Selective
SPAIN Herbicides by Crop Type
Pulses & Oilseeds
Cereals & Grains
Fruits & Vegetables
Others
Rest Of Europe Outlook (USD Billion, 2018-2032)
Rest Of Europe Herbicides by Active Ingredient
Glyphosate
2, 4-D
Atrazine
Diquat
Others
Rest Of Europe Herbicides by Category
Synthetic Herbicides
Bioherbicides
Rest Of Europe Herbicides by Mode of Action
Selective
Non-Selective
Rest Of Europe Herbicides by Crop Type
Pulses & Oilseeds
Cereals & Grains
Fruits & Vegetables
Others
Asia-Pacific Outlook (USD Billion, 2018-2032)
Asia-Pacific Herbicides by Active Ingredient
Glyphosate
2, 4-D
Atrazine
Diquat
Others
Asia-Pacific Herbicides by Category
Synthetic Herbicides
Bioherbicides
Asia-Pacific Herbicides by Mode of Action
Selective
Non-Selective
Asia-Pacific Herbicides by Crop Type
Pulses & Oilseeds
Cereals & Grains
Fruits & Vegetables
Others
China Outlook (USD Billion, 2018-2032)
China Herbicides by Active Ingredient
Glyphosate
2, 4-D
Atrazine
Diquat
Others
China Herbicides by Category
Synthetic Herbicides
Bioherbicides
China Herbicides by Mode of Action
Selective
Non-Selective
China Herbicides by Crop Type
Pulses & Oilseeds
Cereals & Grains
Fruits & Vegetables
Others
Japan Outlook (USD Billion, 2018-2032)
Japan Herbicides by Active Ingredient
Glyphosate
2, 4-D
Atrazine
Diquat
Others
Japan Herbicides by Category
Synthetic Herbicides
Bioherbicides
Japan Herbicides by Mode of Action
Selective
Non-Selective
Japan Herbicides by Crop Type
Pulses & Oilseeds
Cereals & Grains
Fruits & Vegetables
Others
India Outlook (USD Billion, 2018-2032)
India Herbicides by Active Ingredient
Glyphosate
2, 4-D
Atrazine
Diquat
Others
India Herbicides by Category
Synthetic Herbicides
Bioherbicides
India Herbicides by Mode of Action
Selective
Non-Selective
India Herbicides by Crop Type
Pulses & Oilseeds
Cereals & Grains
Fruits & Vegetables
Others
Australia Outlook (USD Billion, 2018-2032)
Australia Herbicides by Active Ingredient
Glyphosate
2, 4-D
Atrazine
Diquat
Others
Australia Herbicides by Category
Synthetic Herbicides
Bioherbicides
Australia Herbicides by Mode of Action
Selective
Non-Selective
Australia Herbicides by Crop Type
Pulses & Oilseeds
Cereals & Grains
Fruits & Vegetables
Others
Rest of Asia-Pacific Outlook (USD Billion, 2018-2032)
Rest of Asia-Pacific Herbicides by Active Ingredient
Glyphosate
2, 4-D
Atrazine
Diquat
Others
Rest of Asia-Pacific Herbicides by Category
Synthetic Herbicides
Bioherbicides
Rest of Asia-Pacific Herbicides by Mode of Action
Selective
Non-Selective
Rest of Asia-Pacific Herbicides by Crop Type
Pulses & Oilseeds
Cereals & Grains
Fruits & Vegetables
Others
Rest of the World Outlook (USD Billion, 2018-2032)
Rest of the World Herbicides by Active Ingredient
Glyphosate
2, 4-D
Atrazine
Diquat
Others
Rest of the World Herbicides by Category
Synthetic Herbicides
Bioherbicides
Rest of the World Herbicides by Mode of Action
Selective
Non-Selective
Rest of the World Herbicides by Crop Type
Pulses & Oilseeds
Cereals & Grains
Fruits & Vegetables
Others
Middle East Outlook (USD Billion, 2018-2032)
Middle East Herbicides by Ingredient
Glyphosate
2, 4-D
Atrazine
Diquat
Others
Middle East Herbicides by Category
Synthetic Herbicides
Bioherbicides
Middle East Herbicides by Mode of Action
Selective
Non-Selective
Middle East Herbicides by Crop Type
Pulses & Oilseeds
Cereals & Grains
Fruits & Vegetables
Others
Africa Outlook (USD Billion, 2018-2032)
Africa Herbicides by Active Ingredient
Glyphosate
2, 4-D
Atrazine
Diquat
Others
Africa Herbicides by Category
Synthetic Herbicides
Bioherbicides
Africa Herbicides by Mode of Action
Selective
Non-Selective
Africa Herbicides by Crop Type
Pulses & Oilseeds
Cereals & Grains
Fruits & Vegetables
Others
Latin America Outlook (USD Billion, 2018-2032)
Latin America Herbicides by Active Ingredient
Glyphosate
2, 4-D
Atrazine
Diquat
Others
Latin America Herbicides by Category
Synthetic Herbicides
Bioherbicides
Latin America Herbicides by Mode of Action
Selective
Non-Selective
Latin America Herbicides by Crop Type
Pulses & Oilseeds
Cereals & Grains
- Fruits & Vegetables
- Others
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