Global Herbicides Market is valued approximately USD XXX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XXX% over the forecast period 2022-2029. Herbicides are the pesticides, principally used for killing unnecessary plants such as, weeds in farms or crops. The Herbicides market is expanding because of factors such as diminishing Arable Land and rising Food demand. According to the Food and Agriculture Organization (FAO), the world population is expected to grow to 2.3 billion, by the year end 2050 from 1.3 billion, in the year 2021. Further, according to FAO-Food and Agriculture Organization, the global area under arable land reduced from 1,507,196.3 thousand hectares in the year 2017 to 1,502,820.5 thousand hectares in the year 2019. However, hazards linked to synthetic herbicides and stringent government policies towards the use of Herbicides may halt market growth.

The key regions considered for the Global Herbicides Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the space in terms of revenue, owing to rising Food production and consumption. Whereas North America is expected to grow significantly during the forecast period, owing to rise in disposable income.

Major market players included in this report are:

Bayer Crop Science

Syngenta International Ag

Basf Se

Corteva Agriscience

Upl Ltd

Adama Agricultural Solutions Ltd

Dowdupont

Fmc Corporation

Nissan Chemical Corporation

Nufarm Limited

Recent Developments in the Market:

In 2020, BASF SE acquired proprietary technology for L-glufosinate ammonium from AgriMetis. The main aim of this acquisition was to develop improved concentrated weed control products. With this acquisition the company will strengthen its geographical position in the herbicide market by developing new products for protection against weeds.
In 2020, Corteva Agriscience and AgPlenus agreed upon a collaboration for the development of novel herbicides. The main aim of this collaboration was to combine Corteva's strengths in crop protection product discovery and development with AgPlenus' expertise for designing effective and sustainable herbicide products by using predictive biology.
Global Herbicides Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered Origin, Crops and Region

Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Origin:

Synthetic

Bio-based

By Crops:

Grains and Cereals

Oilseeds and Pulses

Fruits and Vegetables

Turfs and Ornamentals

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World