The latest research report by Emergen Research, named ‘Global Herbicides Market – Forecast to 2030. The coronavirus outbreak has led to drastic changes in the current Herbicides Market business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. Besides making speculations about the market’s post-COVID-19 scenario, the report discusses its existing situation. The report eventually offers conclusive data related to the Herbicides Market growth assessed on both regional and global levels.
The global herbicides market size was USD 36.93 Billion in 2021 and is expected to register a revenue CAGR of 6.09% during the forecast period, according to latest analysis by Emergen Research. Rapid adoption of better farming practices globally, reduction in fertile land for farming purposes, and rising development of advanced agricultural technologies are some of the key factors driving market revenue growth.
Shortage of workers for hand weeding crop fields in various emerging countries, such as China, India, and Bangladesh, owing to rapid urbanization where majority of individuals are migrating to urban areas, is another factor increasing demand for herbicides. Various benefits of herbicides compared to tillage, such as reduced erosion, greenhouse gas emissions, fuel usage as well as nutrient runoff, are contributing to growth of the market.
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Key participants include UPL, BASF SE, Bayer AG, DuPont, ADAMA, Syngenta, FMC Corporation, Drexel Corporation, Sumitomo Chemical Co., Ltd., and Nufarm.
Covid 19 impact analysis:
the report takes into account the current COVID-19 impact on the global economy and this particular business sector. The globalHerbicides Market growth has been extensively hampered by the current economic situation triggered by the COVID-19 pandemic. The pandemic has led to some devastating effects on the global economy, besides disrupting the functioning of theHerbicides Market industry. It offers an exhaustive analysis of the present and future effects of the pandemic on this business sphere.
The market intelligence report offers a panoramic view of the globalHerbicides Market industry, with a special focus on the regional bifurcation and competitive landscape. Crucial information pertinent to the latest industrial growth trends, technological advancements, product offerings, production capacity, demand and supply ratio, and estimated growth rate have been included in this report.
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Key Reasons to Buy This Report:
- The report presents a thorough examination of the Herbicides Market , elaborating on its core segments. The report conducts historical and future assessments of the market dynamics and offers precise data in a well-organized order.
- The report evaluates the most prominent market growth potentials, dynamic market trends, driving factors, restraints, investment opportunities, and threats.
- The report is inclusive of an in-depth study of the industry variables, manufacturers’ value chain, sales volume, market share, competitive landscape, and effective business tactics.
- The report further identifies the key regions and segments dominating the market. These regions are foreseen to register fast-paced growth over the forecast duration.
Objectives of the Global Herbicides Market Study:
An in-depth study of the evolving market sectors and the growth & penetration status of the global Herbicides Market
COVID-19 Impact Analysis to highlight the major opportunities and challenges
Strategic recommendations to help readers formulate lucrative business strategies
Identification of the emerging players and their tactical approaches to expand market presence
An extensive study of the product portfolios of the major market players and their regional presence
A closer look at the strategic initiatives undertaken by the leading companies across this industry, including mergers & acquisitions, collaborations, partnerships, and joint ventures
Emergen Research has segmented the global herbicides market based on type, application, mode of action, and region:
· Type Outlook (Revenue, USD Billion; 2019-2030)
- Synthetic
- Bio-based
· Application Outlook (Revenue, USD Billion; 2019-2030)
- Pulses & Oilseeds
- Grains & Cereals
- Commercial Crops
- Fruits & Vegetables
- Turf & Ornamentals
- Others
· Mode of Action Outlook (Revenue, USD Billion; 2019-2030)
- Selective
- Non-selective
Highlights of the Table of Contents:
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2022–2030
Chapter 3. Key Insights
Chapter 4. Herbicides Market Segmentation & Impact Analysis
4.1. Industrial Outlook
4.1.1. Market indicators analysis
4.1.2. Market drivers analysis
4.1.2.1. Growing preference of consumers for cashless transactions
4.1.2.2. Increasing adoption of AI, VR and AR to enhance shopping experience
4.1.2.3. Increasing usage of robots and automation in retail stores
4.1.3. Market restrains analysis
4.1.3.1. Increasing possibilities of cyberattacks
4.1.3.2. High Maintenance cost of advanced computing systems and latest software
4.2. Technological Insights
4.3. Regulatory Framework
4.4. Porter’s Five Forces Analysis
4.5. Competitive Metric Space Analysis
4.6. Price trend Analysis
4.7. COVID-19 Impact Analysis
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About Emergen Research :
Emergen Research is a Market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer Market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.