Herbicides Market to Reach USD 7998.9 Million by 2025 with a CAGR of 4.8% | Valuates Reports
Major Factors Driving the Growth of the Herbicides Market
The growing use of herbicides for boosting agricultural crop production, rising population, cost-effective than manual weed control, and surging use of non-selective herbicides will drive the growth of the herbicide market.
Moreover, the strict regulation on the use of synthetic herbicides owing to environmental and health risks has given rise to the application of bioherbicides. This is expected to boost the market growth during the forecast period.
Get Your Sample Today:
https://reports.valuates.com/request/sample/ALLI-Auto-1M345/Herbicides_Market
TRENDS INFLUENCING THE GLOBAL HERBICIDES MARKET
Herbicides are gaining prominence in global agricultural production. It is being used increasingly to improve tillage and environmental conditions. The crop yield is enhanced drastically by removing unnecessary vegetation or weed. It also reduces erosion, and greenhouse gas emissions and conserves water along with nutrient absorption. Moreover, herbicides remove unwanted plants in commercial forests, farms, and landscapes and are cheaper along with 3 to 4 times more beneficial than manual weed control. This will drive the herbicide market during the forecast period.
Synthetic herbicides lead to groundwater contamination and are toxic to animals, and human health. This has prompted farmers to adopt alternative weed control systems for increasing crop yield. Bioherbicides are gaining popularity as they are made up of microorganisms that possess invasive genes. The genetic code matches exactly the weed's outer defensive genes. This leads to targeted weed removal without interfering with non-targeted areas or damaging the overall crop productivity. Moreover, Bioherbicides can survive long enough in the environment till the next growing season and pose no risk to human health. They are cheaper than their synthetic counterparts and also reduce farming expenses. The selective response is highly effective in attacking resistant weed types.
Eco-friendly herbicides are gaining momentum due to a strong government push and quick regulatory approval for being less risky than other conventional herbicides. Key players are driving R&D initiatives for developing better versions of herbicides to boost agricultural productivity for meeting global food demands. This is due to the increasing population levels and strict regulations on the usage of synthetic herbicides. These factors will drive the growth of the herbicide market during the forecast period.
The increasing adoption of non-selective herbicides will boost the herbicide market during the review period. It kills all unwanted vegetation such as broadleaf or grassy weeds along fence rows, driveways, sidewalks, etc. The process is easy as you just have to mix the chemical in a handheld sprayer or water equipment and then spray it in your targeted area.
Although herbicides are useful they are capable of causing significant health risks to humans and pets. If the chemical compound is breathed or ingested it can cause gastrointestinal discomfort or skin irritation. Rain or irrigation can carry herbicides to unintended areas such as waterways. This can cause significant effects on amphibians, fish, or aquatic vegetation. Moreover, prolonged usage can lead to weed resistance as they stop responding to the herbicide's active properties. Such factors are going to hamper the global herbicide market in the coming years.
Browse The Table Of Contents And List Of Figures At: https://reports.valuates.com/market-reports/ALLI-Auto-1M345/herbicides
HERBICIDES MARKET SHARE ANALYSIS
Based on crop type, the others segment like orchards, grapes, pastures, hay, rice, vegetable, fruits, etc is expected to grow the highest due to rapid usage for increasing crop yield, farm profits, etc.
Based on the mode of action, the non-selective herbicides will grow rapidly due to increased use for sustainable agricultural development and weed management.
Based on type, bioherbicides are expected to dominate due to targeted weed removal, no potential harm to human health, and no pesticide residue build-up. They are also effective against resistant weed types.
Based on region, North America and Asia-Pacific will grow the fastest at a CAGR of 3.9% and 6.5%. China is the largest market and leading exporter whereas India is the fastest-growing region.
Inquire for Regional Report: https://reports.valuates.com/request/regional/ALLI-Auto-1M345/Herbicides_Market
Key Players:
Inquire for Chapter Cost: https://reports.valuates.com/request/chaptercost/ALLI-Auto-1M345/Herbicides
Buy Now for Single User + Covid-19 Impact : https://reports.valuates.com/api/directpaytoken?rcode=ALLI-Auto-1M345&lic=single-user
SUBSCRIPTION
We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans.
SIMILAR REPORTS:
- The global Bioherbicide market was valued at USD 43 Million in 2020 and it is expected to reach USD 85 Million by the end of 2027, growing at a CAGR of 10.2% during 2021-2027.
- Due to the COVID-19 pandemic, the global Herbicide Safeners market size is estimated to be worth USD 859.1 Million in 2022 and is forecast to a readjusted size of USD 1205 Million by 2028 with a CAGR of 5.8% during the review period.
- Due to the COVID-19 pandemic, the global Agricultural Robots market size is estimated to be worth USD 5820.3 Million in 2022 and is forecast to a readjusted size of USD 16120 Million by 2028 with a CAGR of 18.5% during the review period.
- The global Urea market size is projected to reach USD 67290 Million by 2027, from USD 43870 Million in 2020, at a CAGR of 2.0% during 2021-2027.
- Due to the COVID-19 pandemic, the global Biostimulants market size is estimated to be worth USD 147.2 Million in 2022 and is forecast to a readjusted size of USD 203 Million by 2028 with a CAGR of 5.5% during the review period.
- Due to the COVID-19 pandemic, the global Dicamba Herbicide market size is estimated to be worth USD 327.9 Million in 2022 and is forecast to a readjusted size of USD 430.7 Million by 2028 with a CAGR of 4.6% during the review period.
- Global Carbamate Herbicide Market Research Report 2022
- Global Heterocyclic Herbicide Market Research Report 2022
- Global Substituted Urea Herbicide Market Research Report 2022
- Global Pre-Seed Herbicide Market Insights and Forecast to 2028
- Global Sulfonylurea Herbicide Market Research Report 2022
- Global Clodinafop Propargyl Herbicide Market Research Report 2022
- Global Amide Herbicide Market Research Report 2022
- Global Pinoxaden Herbicide Sales Market Report 2021
- Global Pre-Seed Herbicide Sales Market Report 2021
- Global Pre-emergent Herbicide Sales Market Report 2021
Click here to see related reports on Herbicides Market
ABOUT US:
Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.
Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.
To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.
CONTACT US:
Valuates Reports
[email protected]
For U.S. Toll-Free Call 1-(315)-215-3225
For IST Call +91-8040957137
WhatsApp: +91-9945648335
Website: https://reports.valuates.com
Twitter - https://twitter.com/valuatesreports
LinkedIn - https://in.linkedin.com/company/valuatesreports
Logo: https://mma.prnewswire.com/media/1082232/Valuates_Reports_Logo.jpg
