The global Agricultural Herbicide market size is forecast to reach US$42.8 billion by 2027, after growing at a CAGR of 5.2% during 2022-2027. Agricultural herbicide is used to kill the weed and also to control the unwanted plant growth on agricultural land. The most commonly used herbicides are glufosinate ammonium, fluazifop, and fluroxypyr among others. The growing needs of people require an increased agriculture output; which in turn boosts the demand for herbicides in the market. For instance, according to International Herbicide-Resistant Weed Database, there are around 512 unique cases of herbicide-resistant weeds globally, with 266 species of which 153 dicots and 113 monocots. Weeds have evolved resistance to 21 of the 31 known herbicide sites of action and 165 different herbicides. Therefore, the growing need for herbicides to control weeds is boosting the demand for the agriculture herbicides market. However, due to Covid-19 pandemic, the market has declined in 2020, owing to the shutdown of the manufacturing facilities to reduce the spread of the virus. But the market is expected to follow an increasing trend due to the growing consumption, to boost the agriculture output.
Report Coverage :
The “Global Agricultural Herbicide Market Report – Forecast (2022-2027)” by IndustryARC, covers an in-depth analysis of the following segments in the agricultural herbicide industry.
By Type : Synthetic and Bio-based.
By Product Group : Selective, Non-Selective, Translocated, Post-emergent, Pre-emergent and Others.
By Formulation Type : Liquid and Dry.
By Propagation Method : Foliar Spray, Soil Treatment, Trunk Injection, Seed Treatment and Others.
By Crop Type : Cereals & Grains (Wheat, Rice, Barley, Millets, Corn and Others), Fruit & Vegetables (Cabbages, Potato, Tomato, Brinjal, Cucumber, Apple, Mango, Grapes and Others), Oilseed & Pulses (Red Lentils, Bengal Gram, Black Gram, Yellow Pigeon Peas, Peanut, Safflower, Soya, Others), Gardening, Forestry and Others.
By Geography : North America (USA, Canada and Mexico), Europe (UK, Germany, Italy, France, Netherlands, Belgium, Spain and the Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zeeland, Indonesia, Taiwan, Malaysia and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile and Rest of South America), Rest of the World: The Middle East (Saudi Arabia, UAE, Israel, Rest of the Middle East) and Africa (South Africa, Nigeria, Rest of Africa).