The global herbicides market size is expected to grow from $30.75 billion in 2021 to $34.08 billion in 2022 at a compound annual growth rate (CAGR) of 10.9%. The global herbicides market size is expected to grow to $49.69 billion in 2026 at a CAGR of 9.9%.
What is the Global Herbicides Market?
The herbicides market consists of sales of herbicides. Herbicides are commonly known as weed killers and are chemical substances used to control unwanted plants. Herbicides market consists of sales of herbicides. Herbicides are commonly known as weed killers and are chemical substances used to control unwanted plants.
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What drives the Global Herbicides Market?
The world population is growing and is expected to reach 10 billion by 2050 and this is expected to significantly boost the herbicides market during the forecast period. An increase in population creates more demand for food. Crop production, farming activities, and trade volumes will have to increase to meet the increased population. Additionally, farmers and commercial farming companies will increase acquisitions in arable land to increase crop production and this is expected to increase the demand for herbicides and will boost the market growth.
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https://www.thebusinessresearchcompany.com/report/herbicides-global-market-reportGlobal Herbicides Market Segments
The global herbicides market is segmented:
By Type: Synthetic, Bio Based
By Mode Of Action: Selective, Non-selective
By Application: Grains & Cereals, Pulses & Oilseeds, Commercial Crops, Fruits & Vegetables, Turf & Ornamentals
By Geography: The regions covered in the herbicides market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, Asia-Pacific accounts for the largest share in the global herbicides market.
Herbicides Global Market Report 2022provides market size and growth forecasts for the global herbicides market, global herbicides market share, herbicides market segments and geographies, herbicides market competitive landscape including leading competitors’ revenues, profiles and market shares. The herbicides market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Herbicides Industry Playersinclude Adama Agricultural Solutions Ltd, Basf Se, Bayer Ag, Dowdupont, FMC Corporation, Nufarm Limited, Syngenta, The Dow Chemical Company, E.I. Du Pont De Nemours And Company, Monsanto Company, and Platform Speciality Products Corporation. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.