Global Dicamba Herbicide Market Size study & Forecast, by Form Type (liquid and dry) and by Crop Type (Cereals & Grains, Oilseeds & Pulses, and Pastures & Forage Crops) and Regional Analysis, 2022-2029
The global Dicamba Herbicide Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2029. Dicamba Herbicide is a benzoic acid herbicide that is applied to plants, leaves, and soils. It is majorly used to control broad-leaved weeds. It has major application towards cereals and grains, oilseeds, pulses , pastures and forage crops . The Dicamba Herbicide market is expanding because of factors such as the rising prices of agricultural commodities and increasing usage of herbicides
According to Statista in 2021, the global demand for agricultural chemicals is projected to rise from USD 63 billion to USD 312 billion during 2017-2025. Also, the agrochemical market globally in 2021 was around USD 217.24 billion which is projected to reach around USD 279 billion by 2030. Whereas rising advancement across farming practices and technology and the growth of dicamba-resistant GMO crops create lucrative opportunities for the market. However, the growth of the organic food industry hampers market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Dicamba Herbicide Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, with the emergence of glyphosate-resistant weeds having propelled the farmers to adopt dicamba, growing usage of herbicides, etc. Whereas North America is expected to grow significantly during the forecast period, owing to factors such as growing advancement across farming practices and technology and innovation by market players
Major market players included in this report are:
Bayer AG (The Monsanto Company)
Dupont De Nemours and Company,
Syngenta AG,
Basf SE
Corteva Agriscience
Nufarm Ltd
Marubeni Corporation
Albaugh LLC
Alligare, LLC
ADAMA Ltd
Recent Developments in the Market:
In November 2020, BASF plans to release Engenia Prime, a premix containing pyroxasulfone (Zidua), imazethapyr (Pursuit), and dicamba (Engenia).
In January 2019, The Monsanto Company provided an update on its R&D pipeline advancements over the previous year. A record number of projects advanced to the next stage across the company's five R&D platforms: data science, plant breeding, plant biotechnology, crop protection, and ag biologicals. The Monsanto Company provided an update on its R&D pipeline advancements over the previous year. A record number of projects advanced to the next stage across the company's five R&D platforms: data science, plant breeding, plant biotechnology, crop protection, and ag biologicals.
Global Dicamba Herbicide 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 Form type, Crop Type , 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 Form:
Liquid
Dry
By Crop Type :
Cereals & Seeds
Oil Seeds and Pulses
Pastures and Forage Crops
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
Companies Mentioned
Bayer AG (The Monsanto Company)
Dupont De Nemours and Company,
Syngenta AG,
Basf SE
Corteva Agriscience
Nufarm Ltd
Marubeni Corporation
Albaugh LLC
Alligare, LLC
ADAMA Ltd
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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