The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

Soil-Active Herbicides Market: An Upward Trajectory

• Market expansion from $6.84 billion in 2023 to $7.29 billion in 2024.
• Compound annual growth rate (CAGR) of 6.5% highlights robust growth.
• Historic growth attributed to agricultural intensification, global population surge, efficiency, and government support.

Anticipating Thriving Dynamics: Future Projections

• Expected growth to $9.21 billion by 2028 at a CAGR of 6.0%.
• Drivers include rising food demand, organic farming shift, regulatory controls, R&D investment, and consumer preferences.
• Notable trends encompass digital farming integration, formulation innovations, resistance management, and market consolidation.

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Population Growth And Plant-Based Diets Driving Market Expansion

• Population surge and plant-based diet adoption fuel market growth.
• Increased food demand necessitates herbicide use for higher yield.
• UN projects global population to reach 8.5 billion by 2030, driving demand.
• Plant-based food sales expected to soar to $162 billion by 2030, signaling dietary shift.

Innovative Soil-Active Herbicides Revolutionize Market Growth

• Product innovation drives market trends.
• Companies focus on R&D for competitive edge and enhanced benefits.
• Summit Agro introduces ‘Gemmit Top’, a potent herbicide for broadleaf weed control.
• Low water solubility ensures soil stability and better productivity.

Chemchina And Sinochem Merge To Form Global Chemicals Producer

• Merger creates global chemicals powerhouse.
• Strengthens product portfolio in herbicides and chemicals.
• Transaction underscores market consolidation trend.

Segmentation Insights

• Product types include synthetic and bio-herbicides.
• Crops covered range from cereals and grains to fruits and vegetables.
• Applications span pre-plant, pre-emergence, and post-emergence treatments.

Regional Dominance: Asia-Pacific Leads the Charge

• Asia-Pacific emerges as the largest market region in 2023.

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The Soil Active Herbicides Global Market Report 2024  provides an overview of the soil active herbicides market 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 and their market positions.

The Table Of Content For The Soil Active Herbicides Market Include:
1. Soil Active Herbicides Market Executive Summary
2. Soil Active Herbicides Market Segments
3. Soil Active Herbicides Market Size And Soil Active Herbicides Market Growth Rate
4. Key Soil Active Herbicides Market Trends
5. Major Soil Active Herbicides Market Drivers
……
25. Key Mergers And Acquisitions In The Soil Active Herbicides Market
26. Top Soil Active Herbicides Companies
27. Soil Active Herbicides Market Opportunities And Strategies
28. Soil Active Herbicides Market, Conclusions And Recommendations
29. Appendix

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