Global Herbicides Market Size study & Forecast, by Origin (Synthetic and Bio-based), Crops (Grains and Cereals, Oilseeds, Fruits and Vegetables, and Turfs and Ornamentals), and Regional Analysis, 2022-2029

Global Herbicides Market Size study & Forecast, by Origin (Synthetic and Bio-based), Crops (Grains and Cereals, Oilseeds, Fruits and Vegetables, and Turfs and Ornamentals), and Regional Analysis, 2022-2029

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 player 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 DataCompanies Mentioned

Bayer Crop Science
Syngenta International Ag
Basf Se
Corteva Agriscience
Upl Ltd
Adama Agricultural Solutions Ltd
Dowdupont
Fmc Corporation
Nissan Chemical Corporation
Nufarm Limited

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