The Global Herbicides Market Size is valued at 44.14 billion in 2024 and is predicted to reach 93.75 billion by the year 2034 at a 7.9% CAGR during the forecast period for 2025-2034.
Key Industry Insights & Findings from the Report:
Herbicides are a type of sustainable agricultural product that kills undesirable plants without harming the plantation, hence boosting agricultural output. For a specific plantation, herbicides are frequently altered based on plant hormones to ensure the safety of the targeted plantation.
Additionally, herbicides are used to rid a field of all vegetation, including plants and herbs. Increased awareness of the benefits of applying herbicides before and after crop production and an increase in global food consumption are significant factors propelling the expansion of the worldwide herbicides market. But there are bright prospects due to the development of the agriculture industry in developing nations and the invention of new formulations.
Commercial agriculture firms and farmers will also buy more arable land to enhance agricultural production. A pattern has emerged where R&D operations are prioritized to develop newer herbicide formulas. This primarily entails the creation of bio-based herbicides due to the adverse effects of chemical-based treatments on the environment and human health. A further factor supporting the sustained demand for herbicides is the pressure on product producers to provide weed-resistant herbicides. As a result, the demand for herbicides grows.
Some of the major key players in the Herbicides market are:
The herbicides market is segmented based on source type, formulation, mode of action and crop type. Source Type segment includes Microbial, Biochemical and synthetic chemical and Others (plant phytotoxic residues and other botanical extracts). According to the formulation, the market is segmented into Granular, Liquid, and Others (pellets, dust and powder). As per the mode of application, the market is categorized into Seed Treatment, Soil Treatment, Foliar, and Post-harvest. At last, the Crop type segment comprises Agricultural crops (Cereals & grains, Oilseeds & pulses, Fruits & vegetables), Non-agricultural crops (Turf & ornamentals, Plantation crops, Homes and gardens, and Industrial Vegetation Management).
The synthetic chemical category is expected to hold a significant share of the global Herbicides market in 2021. Synthetic chemicals are in considerable demand due to their effectiveness and inexpensive price. Additionally, glyphosate is the most widely used herbicide in the world due to its efficiency, low cost, and use in weed control and plant development. Synthetic herbicide use has a variety of adverse effects on both people and animals. Herbicides, which can be a single agent or a combination of substances, are typically used to restrain, eliminate, and prevent the growth of weeds. Due to their chemical components, most herbicides irritate the skin, induce respiratory and digestive issues, and cause skin irritation.
The North American herbicides market is expected to register the highest market share in revenue soon. The large population base and the strong demand for food production drive the market value. Large manufacturers' positions in the herbicide market in this region are being cemented by factors including their extensive product portfolios for plant protection products, strong R&D, and expanding manufacturing facilities at various locations. In addition, the Asia Pacific region is projected to grow rapidly in the global herbicides market. India and China have the largest populations in the Asia-Pacific region. These regions are among the top emerging economies regarding GDP growth and rising disposable income. Demand for herbicides in Asia is anticipated to increase due to the region's large population and rapid economic expansion in these rising economies.
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Report Attribute |
Specifications |
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Market size value in 2024 |
USD 44.14 billion |
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Revenue Forecast in 2034 |
USD 93.75 billion |
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Growth rate CAGR |
CAGR of 7.9% from 2025 to 2034 |
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Quantitative units |
Representation of revenue in US$ Million, Volume in Kiloton and CAGR from 2024 to 2031 |
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Historic Year |
2021 to 2024 |
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Forecast Year |
2025-2034 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
Source Type, Formulation, Mode Of Application, Cropt Type |
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Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South Korea; Southeast Asia |
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Competitive Landscape |
UPL, BASF SF, Bayer AG, DUPont, ADAMA, Syngenta, FMC Corporation, Drexel Corporation, Sumitomo Chemical Co., Ltd and Nufarm |
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Customization scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing and available payment methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Herbicides Market Snapshot
Chapter 4. Global Herbicides Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: By Source Type, Estimates & Trend Analysis
5.1. By Source Type, & Market Share, 2024 & 2034
5.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following By Source Type:
5.2.1. Microbial
5.2.2. Biochemical and synthetic chemical
5.2.3. Others (plant phytotoxic residues and other botanical extracts)Other Applications
Chapter 6. Market Segmentation 2: By Formulation Estimates & Trend Analysis
6.1. By Formulation & Market Share, 2024 & 2034
6.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following By Formulation:
6.2.1. Granular
6.2.2. Liquid
6.2.3. Others (pellets, dust and powder)
Chapter 7. Market Segmentation 3: By Mode of Application Estimates & Trend Analysis
7.1. By Mode of Application & Market Share, 2024 & 2034
7.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following By Mode of Application:
7.2.1. Seed Treatment
7.2.2. Soil Treatment
7.2.3. Foliar
7.2.4. Post-harvest
Chapter 8. Market Segmentation 3: By Crop Type Estimates & Trend Analysis
8.1. By Crop Type & Market Share, 2024 & 2034
8.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following By Crop Type :
8.2.1. Agricultural crops
8.2.1.1. Cereals & grains
8.2.1.2. Oilseeds & pulses
8.2.1.3. Fruits & vegetables
8.2.2. Non-agricultural crops
8.2.2.1. Turf & ornamentals
8.2.2.2. Plantation crops
8.2.2.3. Homes and gardens
8.2.2.4. Industrial Vegetation Management
Chapter 9. Herbicides Market Segmentation 5: Regional Estimates & Trend Analysis
9.1. North America
9.1.1. North America Herbicides Market revenue (US$ Million) estimates and forecasts By Source Type, 2021-2034
9.1.2. North America Herbicides Market revenue (US$ Million) estimates and forecasts By Formulation, 2021-2034
9.1.3. North America Herbicides Market revenue (US$ Million) estimates and forecasts By Mode of Application, 2021-2034
9.1.4. North America Herbicides Market revenue (US$ Million) estimates and forecasts By Crop Type, 2021-2034
9.1.5. North America Herbicides Market revenue (US$ Million) estimates and forecasts by country, 2021-2034
9.2. Europe
9.2.1. Europe Herbicides Market revenue (US$ Million) By Source Type, 2021-2034
9.2.2. Europe Herbicides Market revenue (US$ Million) By Formulation, 2021-2034
9.2.3. Europe Herbicides Market revenue (US$ Million) By Mode of Application, 2021-2034
9.2.4. Europe Herbicides Market revenue (US$ Million) By Crop Type, 2021-2034
9.2.5. Europe Herbicides Market revenue (US$ Million) by country, 2021-2034
9.3. Asia Pacific
9.3.1. Asia Pacific Herbicides Market revenue (US$ Million) By Source Type, 2021-2034
9.3.2. Asia Pacific Herbicides Market revenue (US$ Million) By Formulation, 2021-2034
9.3.3. Asia Pacific Herbicides Market revenue (US$ Million) By Mode of Application, 2021-2034
9.3.4. Asia Pacific Herbicides Market revenue (US$ Million) By Crop Type, 2021-2034
9.3.5. Asia Pacific Herbicides Market revenue (US$ Million) by country, 2021-2034
9.4. Latin America
9.4.1. Latin America Herbicides Market revenue (US$ Million) By Source Type, (US$ Million) 2021-2034
9.4.2. Latin America Herbicides Market revenue (US$ Million) By Formulation, (US$ Million) 2021-2034
9.4.3. Latin America Herbicides Market revenue (US$ Million) By Mode of Application, (US$ Million) 2021-2034
9.4.4. Latin America Herbicides Market revenue (US$ Million) By Crop Type, (US$ Million) 2021-2034
9.4.5. Latin America Herbicides Market revenue (US$ Million) by country, 2021-2034
9.5. Middle East & Africa
9.5.1. Middle East & Africa Herbicides Market revenue (US$ Million) By Source Type, (US$ Million) 2021-2034
9.5.2. Middle East & Africa Herbicides Market revenue (US$ Million) By Formulation, (US$ Million) 2021-2034
9.5.3. Middle East & Africa Herbicides Market revenue (US$ Million) By Mode of Application, (US$ Million) 2021-2034
9.5.4. Middle East & Africa Herbicides Market revenue (US$ Million) By Crop Type, (US$ Million) 2021-2034
9.5.5. Middle East & Africa Herbicides Market revenue (US$ Million) by country, 2021-2034
Chapter 10. Competitive Landscape
10.1. Major Mergers and Acquisitions/Strategic Alliances
10.2. Company Profiles
10.2.1. UPL
10.2.2. BASF SF
10.2.3. Bayer AG
10.2.4. DUPont
10.2.5. ADAMA
10.2.6. Syngenta
10.2.7. FMC Corporation
10.2.8. Drexel Corporation
10.2.9. Sumitomo Chemical Co., Ltd
10.2.10. Nufarm
10.2.11. Other Prominent Players
Herbicides Market By Source Type
Herbicides Market By Formulation
Herbicides Market By Mode of Application
Herbicides Market By Crop Type
Herbicides Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
