Herbicides Market Size, Share, Trends, Growth and Forecast 2032

Herbicides Market Insights

Zion Market Research has published a report on the global Herbicides Market, estimating its value at USD 32.11 Billion in 2023, with projections indicating that it will reach USD 55.37 Billion by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 6.24% over the forecast period 2024-2032.

The report explores the factors fueling market growth, the hitches that could hamper this expansion, and the opportunities that may arise in the Herbicides industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

Request Free Sample

Global Herbicides Market: Overview

In Global Herbicides Market Report, herbicide is a chemical material that is used to control the growth of unwanted plants or weeds. It is also known as weed killers and are commonly used in clearing industrial sites, waste ground, and kill all types of plant. It also clears managed landscape and agricultural turf. Herbicides are toxic in nature and cause several health diseases when it directly comes into contact with the human body. The health diseases caused ranges from skin rashes to death on direct consumption. Herbicides protect a wide variety of oilseeds, grains, vegetable crops, and cereals from the influx of weeds.

Request Free Sample

Global Herbicides Market: Growth Factors

In Global Herbicides Market Report, Major factors that are responsible for the global herbicides market growth are a change in farming practices, the growth of herbicides demand, limited availability of cultivable land, increasing acceptance of modern farming, adoption of the advanced technology, and protected agriculture.

Rapid growth in organic herbicides expects to open up new growth opportunities in the future. Growing demand for high agricultural productivity in order to meet increasing demand of the population is positively impacting the global market. It enhances agricultural productivity by killing the unwanted weeds and herbs. Rapidly increasing population and rising financial stability are the key factors that affect the global herbicides market growth.

Global Herbicides Market: Segmentation

The global herbicides market is classified on the basis of crop type, type, mode of action, and regions.

The crop type segment is segmented into fruits & vegetables, cereals and grains, cotton, and oilseeds & pulses. The cereals and grains segment dominates the herbicides market.

Based on the type, the global market is categorized as paraquat, glyphosate, bio-herbicide, acetochlor, 2, 4-D, atrazine, and others.

Based on the mode of selection, the global herbicide market is segmented into selective and non-selective herbicide. 

Herbicides Market: Report Scope

Global Herbicides Market: Regional Analysis

North America contributed the largest market share in the herbicides market, which is followed by Europe and Asia-Pacific region. Asia-Pacific is the fastest growing region owing to the higher demand for herbicides in terms of production and consumption. China and India are the leading countries in terms of population in the Asia Pacific region and it also shows rapid growth owing to the developing agriculture sector, protected agriculture practices, increasing acceptance of modern farming, and changes in the farming practices. The emerging economies in terms of GDP growth coupled with the increasing disposable income fuels the growth of the market in the region. Acceptance of the bio-based herbicides has opened up new growth opportunities in the North America and European region. Increasing production of cashews, corn, and beans in the South America projects to propel the global herbicides market in coming years.

Global Herbicides Market: Competitive Players

Major players operating in the global herbicides market are -

• Valent Biosciences Corp
• Chemtura Corporation
• Nufarm Limited
• Cheminova A/S
• FMC Corporation
• Wilbur-Ellis Company
• Syngenta AG
• Monsanto Company.
• Marrone Bio Innovations Inc.
• BASF
• E.I. Dupont De Nemours & Company
• Drexel Chemical Company
• Dow Chemical Company
• Nissan Chemical Industries Ltd.

This report segments the global herbicides market into:

By Crop Type

• Fruits & Vegetables
• Cereals and Grains
• Cotton
• Oilseeds & Pulses

By Type

• Paraquat
• Glyphosate
• Bio-Herbicide
• Acetochlor
• 2, 4-D, Atrazine
• Others

By Mode of selection

• Selective
• Non-Selective Herbicide

Global Herbicides Market: Regional Segment Analysis

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa

What Report Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.