Global Soil Active Herbicides Market Size, Drivers, Trends, Opportunities And Strategies – Includes Soil Active Herbicides Market Share
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Population growth and shifting dietary preferences towards plant-based foods are expected to drive innovation in the manufacture of soil active herbicides, driving the market during the forecast period.
The global soil active herbicides market is expected to grow from $6.47 billion in 2022 to $6.83 billion in 2023 at a compound annual growth rate (CAGR) of 5.6%. The soil active herbicides market size is expected to grow to $8.35 billion in 2027 at a CAGR of 5.1%.
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Global Soil Active Herbicides Market Segments Include:
- By Product Type: Synthetic Herbicides, Bio-Herbicides
- By Crop: Cereals And Grains, Oilseeds And Pulses, Fruits And Vegetables, Other Crops
- By Application: Pre-Plant, Pre-Emergence, Post-Emergence
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global soil active herbicides market in 2021.
Major Market Players in the soil active herbicides market include Bayer AG, BASF SE, Syngenta AG, DuPont de Nemours Inc., ADAMA Ltd., Arysta LifeScience, Nufarm, Nissan Chemical Industries Ltd., Shandong Binnong Tech Co Ltd.
Product innovation is a key trend that is gaining traction in the soil-active herbicides market. Major market players are focusing on research and development for product innovations in order to provide additional benefits, improve yield, and gain a competitive edge in the market. Summit Agro, a Japan-based firm that specialises in the development, manufacture, and marketing of plant protection products, for example, introduced “Gemmit Top” in August 2021, a new herbicide with exceptional broadleaf weed control and grass suppression capabilities. The Gemmit Top herbicide is based on 48% flumioxazin and belongs to the class of PPOs (protoporphyrinogen oxidase inhibitors) with excellent soil residuality, foliar control of some small broadleaf weeds, broad leaf species control, and grass suppressive effects. It is low water soluble, allowing the product to remain on the soil even during rain and providing greater stability in the mixture, resulting in higher productivity.
The Soil Active Herbicides Global Market Report 2023 provides a soil active herbicides market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The soil active herbicides market forecast analyzes soil active herbicides market size, soil active herbicides market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Soil active herbicides, also known as weed killers, are herbicides that kill weeds by acting on their seeds, roots, or shoots. To control the growth of weeds and unwanted plants, soil active herbicides are mixed into the soil. Herbicides eliminate weeds that would otherwise compete with crops for light, moisture, and nutrients, lowering crop quality and quantity.
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