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Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of anima.....
Herbicides Market: By Type By Crop Type, By Mode of Action By Mode of Application By Formulation and Region Forecast 2019-2030
Herbicides Market size was valued at US$ 29.2 billion in 2023 and is poised to grow at a CAGR of 6.9% from 2024-2030. An increase in demand for food products, a rise in the product yield and quality with reduced chemical hazards, government initiatives taken for sustainable agricultural practices, and an increase in awareness among the farmers about the herbicides are anticipated to propel the herbicides market over the forecast period. Moreover, a wider range of advantages of herbicides, low R&D costs, and easier residue management boost the market over the forecast timeframe. However, the risk of toxic metabolites by microbes, the high cost of the herbicides, and the lesser availability of products hinder the growth of the market over the forecast period. Industry trends in the market are evolving, which will aid players in developing successful long-term strategies.
Both established and emerging markets have implemented business growth techniques. COVID-19 is an unprecedented worldwide public health crisis that has impacted practically every business, and its long-term repercussions are expected to have an influence on industry growth during the projection period. Our continuous study is enhancing our research approach to guarantee that fundamental COVID-19 concerns and potential solutions are included. The research examines COVID-19 in light of changes in consumer behavior and demand, purchasing patterns, supply chain re-routing, market dynamics, and government involvement. The revised report considers the influence of COVID-19 on the market and includes insights, analysis, projections, and predictions.
Study Period
2024-2030Base Year
2023CAGR
6.9%Largest Market
Asia PacificFastest Growing Market
Europe
The adoption of better agricultural techniques and the growth in cereal and grain output, notably in the Asia Pacific region, are the key drivers driving the market. To meet rising food demand, there has been an increase in overall planted acreage around the world, which has boosted herbicide demand in recent years. Herbicides protect crops from weeds while also promoting their growth. The worldwide herbicide market has been propelled by the creation of novel herbicides with specialised uses, and thanks to technological advancements, this trend is projected to continue during the forecast period.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 29.2 billion |
Market CAGR |
6.9% |
By Type |
|
By Mode of Action |
|
By Crop Type |
|
By Mode of Application |
|
By Region |
|
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Herbicides Market size was valued at US$ 29.2 billion in 2023 and is poised to grow at a CAGR of 6.9% from 2024-2030.
Europe is the fastest-growing region for the market
Syngenta AG, FMC Corporation, Monsanto Company, Syngenta AG, Nufarm Ltd.
1. Executive Summary |
2. Global Herbicides Market Introduction |
2.1. Global Herbicides Market - Taxonomy |
2.2. Global Herbicides Market -Definitions |
2.2.1. Type |
2.2.2. Mode of Action |
2.2.3. Crop Type |
2.2.4. Mode of Application |
2.2.5. Formulation |
3. Global Herbicides Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Global Herbicides Market Dynamic Factors - Impact Analysis |
3.6. Global Herbicides Market - Competition Landscape |
4. Global Herbicides Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn), Volume (000’ MT) |
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Herbicides Market, By Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn), Volume (000’ MT) |
5.1. Chlorophenoxy Acid Herbicides |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn), Volume (000’ MT) |
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Triazine Herbicides |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn), Volume (000’ MT) |
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Organic Phosphorous Herbicides |
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn), Volume (000’ MT)ion Coatings |
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
6. Global Herbicides Market Forecast, By Mode of Action, 2019 - 2023 and Forecast, 2024 - 2030 |
6.1. Selective |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn), Volume (000’ MT) |
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Contact |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn), Volume (000’ MT) |
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Broad Spectrum |
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn), Volume (000’ MT) |
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Residual |
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn), Volume (000’ MT) |
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Systemic |
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn), Volume (000’ MT) |
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
7. Global Herbicides Market Forecast, By Crop Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn), Volume (000’ MT) |
7.1. Permanent crops |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn), Volume (000’ MT) |
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Arable crops |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn), Volume (000’ MT) |
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
8. Global Herbicides Market Forecast, By Mode of Application, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn), Volume (000’ MT) |
8.1. Soil |
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn), Volume (000’ MT) |
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Seed |
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn), Volume (000’ MT) |
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Foliar |
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn), Volume (000’ MT) |
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Post-harvest |
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn), Volume (000’ MT) |
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
9. Global Herbicides Market Forecast, By Formulation, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn), Volume (000’ MT) |
9.1. Liquid |
9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn), Volume (000’ MT) |
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.1.3. Market Opportunity Analysis |
9.2. Granular |
9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn), Volume (000’ MT) |
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.2.3. Market Opportunity Analysis |
9.3. Powder |
9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn), Volume (000’ MT) |
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.3.3. Market Opportunity Analysis |
9.4. Others |
9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn), Volume (000’ MT) |
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.4.3. Market Opportunity Analysis |
10. Global Herbicides Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn), Volume (000’ MT) |
10.1. North America |
10.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn), Volume (000’ MT) |
10.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
10.1.3. Market Opportunity Analysis |
10.2. Europe |
10.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn), Volume (000’ MT) |
10.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
10.2.3. Market Opportunity Analysis |
10.3. Asia-Pacific |
10.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn), Volume (000’ MT) |
10.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
10.3.3. Market Opportunity Analysis |
10.4. Latin America |
10.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn), Volume (000’ MT) |
10.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
10.4.3. Market Opportunity Analysis |
10.5. Middle East and Africa |
10.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn), Volume (000’ MT) |
10.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
10.5.3. Market Opportunity Analysis |
10.6. Global Herbicides Market - Opportunity Analysis Index, By Type, Mode of Action, Crop Type, Mode of Application, Formulation and Region, 2024 - 2030 |
11. North America Herbicides Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn), Volume (000’ MT) |
11.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.1.1. Chlorophenoxy Acid Herbicides |
11.1.2. Triazine Herbicides |
11.1.3. Organic Phosphorous Herbicides |
11.2. Mode of Action Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.2.1. Selective |
11.2.2. Contact |
11.2.3. Broad Spectrum |
11.2.4. Residual |
11.2.5. Systemic |
11.3. Crop Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.3.1. Permanent crops |
11.3.2. Arable crops |
11.4. Mode of Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.4.1. Soil |
11.4.2. Seed |
11.4.3. Foliar |
11.4.4. Post-harvest |
11.5. Formulation Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.5.1. Liquid |
11.5.2. Granular |
11.5.3. Powder |
11.5.4. Others |
11.6. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
11.6.1. U.S. |
11.6.2. Canada |
11.7. North America Herbicides Market - Opportunity Analysis Index, By Type, Mode of Action, Crop Type, Mode of Application, Formulation and Country, 2024 - 2030 |
11.8. North America Herbicides Market Dynamics - Trends |
12. Europe Herbicides Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn), Volume (000’ MT) |
12.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.1.1. Chlorophenoxy Acid Herbicides |
12.1.2. Triazine Herbicides |
12.1.3. Organic Phosphorous Herbicides |
12.2. Mode of Action Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.2.1. Selective |
12.2.2. Contact |
12.2.3. Broad Spectrum |
12.2.4. Residual |
12.2.5. Systemic |
12.3. Crop Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.3.1. Permanent crops |
12.3.2. Arable crops |
12.4. Mode of Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.4.1. Soil |
12.4.2. Seed |
12.4.3. Foliar |
12.4.4. Post-harvest |
12.5. Formulation Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.5.1. Liquid |
12.5.2. Granular |
12.5.3. Powder |
12.5.4. Others |
12.6. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
12.6.1. Germany |
12.6.2. UK |
12.6.3. France |
12.6.4. Spain |
12.6.5. Italy |
12.6.6. Russia |
12.6.7. Poland |
12.6.8. Rest of Europe |
12.7. Europe Herbicides Market - Opportunity Analysis Index, By Type, Mode of Action, Crop Type, Mode of Application, Formulation and Country, 2024 - 2030 |
12.8. Europe Herbicides Market Dynamics - Trends |
13. Asia-Pacific Herbicides Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn), Volume (000’ MT) |
13.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
13.1.1. Chlorophenoxy Acid Herbicides |
13.1.2. Triazine Herbicides |
13.1.3. Organic Phosphorous Herbicides |
13.2. Mode of Action Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.2.1. Selective |
13.2.2. Contact |
13.2.3. Broad Spectrum |
13.2.4. Residual |
13.2.5. Systemic |
13.3. Crop Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.3.1. Permanent crops |
13.3.2. Arable crops |
13.4. Mode of Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
13.4.1. Soil |
13.4.2. Seed |
13.4.3. Foliar |
13.4.4. Post-harvest |
13.5. Formulation Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.5.1. Liquid |
13.5.2. Granular |
13.5.3. Powder |
13.5.4. Others |
13.6. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
13.6.1. Japan |
13.6.2. China |
13.6.3. India |
13.6.4. ASEAN |
13.6.5. Australia & New Zealand |
13.6.6. Rest of Asia-Pacific |
13.7. Asia-Pacific Herbicides Market - Opportunity Analysis Index, By Type, Mode of Action, Crop Type, Mode of Application, Formulation and Country, 2024 - 2030 |
13.8. Asia-Pacific Herbicides Market Dynamics - Trends |
14. Latin America Herbicides Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn), Volume (000’ MT) |
14.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
14.1.1. Chlorophenoxy Acid Herbicides |
14.1.2. Triazine Herbicides |
14.1.3. Organic Phosphorous Herbicides |
14.2. Mode of Action Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
14.2.1. Selective |
14.2.2. Contact |
14.2.3. Broad Spectrum |
14.2.4. Residual |
14.2.5. Systemic |
14.3. Crop Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
14.3.1. Permanent crops |
14.3.2. Arable crops |
14.4. Mode of Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
14.4.1. Soil |
14.4.2. Seed |
14.4.3. Foliar |
14.4.4. Post-harvest |
14.5. Formulation Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
14.5.1. Liquid |
14.5.2. Granular |
14.5.3. Powder |
14.5.4. Others |
14.6. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
14.6.1. Brazil |
14.6.2. Mexico |
14.6.3. Argentina |
14.6.4. Venezuela |
14.6.5. Rest of Latin America |
14.7. Latin America Herbicides Market - Opportunity Analysis Index, By Type, Mode of Action, Crop Type, Mode of Application, Formulation and Country, 2024 - 2030 |
14.8. Latin America Herbicides Market Dynamics - Trends |
15. Middle East and Africa Herbicides Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn), Volume (000’ MT) |
15.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
15.1.1. Chlorophenoxy Acid Herbicides |
15.1.2. Triazine Herbicides |
15.1.3. Organic Phosphorous Herbicides |
15.2. Mode of Action Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
15.2.1. Selective |
15.2.2. Contact |
15.2.3. Broad Spectrum |
15.2.4. Residual |
15.2.5. Systemic |
15.3. Crop Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
15.3.1. Permanent crops |
15.3.2. Arable crops |
15.4. Mode of Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
15.4.1. Soil |
15.4.2. Seed |
15.4.3. Foliar |
15.4.4. Post-harvest |
15.5. Formulation Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
15.5.1. Liquid |
15.5.2. Granular |
15.5.3. Powder |
15.5.4. Others |
15.6. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
15.6.1. Gulf Cooperation Council (GCC) Countries |
15.6.2. Israel |
15.6.3. South Africa |
15.6.4. Rest of MEA |
15.7. MEA Herbicides Market - Opportunity Analysis Index, By Type, Mode of Action, Crop Type, Mode of Application, Formulation and Country, 2024 - 2030 |
15.8. MEA Herbicides Market Dynamics - Trends |
16. Competition Landscape |
16.1. Strategic Dashboard of Top Market Players |
16.2. Company Profiles (Introduction, Financial Analysis, Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
16.2.1. The Dow Chemical Company (U.S.) |
16.2.2. BASF SE (Germany) |
16.2.3. DuPont (U.S.) |
16.2.4. Syngenta AG (Switzerland) |
16.2.5. Monsanto Company (U.S.) |
16.2.6. FMC Corporation (U.S.) |
16.2.7. Nufarm Ltd. (Australia) |
16.2.8. Platform Specialty Products Corporation (U.S.) |
16.2.9. Nissan Chemical Industries Ltd. (Japan) |
16.2.10. Drexel Chemical Co.(U.S.) |
17. Research Methodology |
18. Key Assumptions and Acronyms |
Key Market Players