Soil Active Herbicides Market to Grow with a CAGR of 5.00% through 2028
Increasing global population & food demand and environmental concerns & sustainable agriculture is expected to drive the Global Soil Active Herbicides Market growth in the forecast period, 2024-2028.
According to
TechSci Research report, “Soil Active Herbicides Market – Global Industry
Size, Share, Trends, Competition Forecast & Opportunities, 2028”,
the Global Soil Active Herbicides Market stood at USD 8621.91 million in 2022
and is anticipated to grow with a CAGR of 5.00% in the forecast period,
2024-2028. This can be attributed to the rising need for cost-effective weed
management. Traditional weed control methods can be labor-intensive and costly.
Soil active herbicides offer a cost-effective solution by providing
long-lasting weed control with reduced manual intervention. This
cost-efficiency is a significant factor driving the adoption of soil active
herbicides, especially among small and medium-sized farmers.
Furthermore, herbicide
resistance in weeds remains a significant challenge for the agricultural
industry. The soil active herbicides market is witnessing a trend toward a
holistic approach to resistance management. This includes the development of
herbicide rotation strategies, the introduction of mixtures with multiple modes
of action, and educational initiatives to empower farmers with knowledge on
sustainable weed management practices.
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"Global Soil Active Herbicides Market”
Soil-active
herbicides refer to herbicides that exert their effects on plant roots, seeds,
and shoots. These herbicides are mixed into the soil, playing a crucial role in
managing the proliferation of undesired plants and weeds. They remain effective
within the soil for a designated duration and are utilized by farmers both
prior to and following crop planting.
The
global soil active herbicides market has been experiencing significant growth,
propelled by a confluence of factors that are reshaping the agricultural
landscape. As farmers and cultivators seek more efficient and sustainable
methods to manage weed growth, the demand for soil active herbicides has
surged.
The Global Soil
Active Herbicides Market is segmented into mobility type, mode of action,
product type, application, end use, regional distribution, and company.
Based on its mobility
type, contact herbicides are poised to dominate the global soil active
herbicides market as the preferred mobility type. This trend can be attributed
to their unparalleled efficacy in swiftly targeting and eliminating unwanted
vegetation upon contact, thereby providing a rapid and efficient solution to
weed control. The contact herbicides' ability to act swiftly on the target
plants while minimizing residual effects on the soil positions them as an
environmentally friendly and sustainable choice. Additionally, the increasing
emphasis on precision agriculture and integrated weed management practices
further enhances the appeal of contact herbicides. Farmers and agricultural
professionals recognize the importance of a mobility type that not only
addresses weed-related challenges effectively but also aligns with modern
agricultural sustainability goals. The dominant position of contact herbicides
in the market is expected to persist as growers seek reliable and
environmentally conscious solutions for soil active herbicide applications.
Based on product
type, synthetic herbicides are poised to dominate the global soil active
herbicides market as the preferred product type, and several factors contribute
to this anticipated dominance. First and foremost, synthetic herbicides are
known for their versatility and efficacy in targeting a wide spectrum of weeds,
offering a comprehensive solution to farmers grappling with diverse weed
populations. The ability of synthetic herbicides to provide long-lasting weed
control and minimize the need for repeated applications enhances their
attractiveness to farmers seeking cost-effective and time-efficient solutions.
Moreover, the continuous advancements in herbicide technology have led to the
development of highly selective synthetic herbicides, allowing for targeted
weed management without adversely affecting non-target crops. As the demand for
increased agricultural productivity and sustainability rises, synthetic
herbicides, with their proven track record and ongoing innovations, are poised
to maintain their dominant position in the global soil active herbicides
market.
Major companies
operating in Global Soil Active Herbicides Market are:
- Bayer AG
- BASF SE
- Syngenta AG
- DuPont de Nemours, Inc.
- ADAMA Ltd.
- Arysta LifeScience Corp
- Nufarm Limited
- Nissan Chemical Corp
- Shandong Binnong Technology Co Ltd
- FMC Corporation
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“The Global Soil
Active Herbicides Market is on the brink of transformative changes driven by
innovative trends that prioritize precision, sustainability, and adaptability.
From the integration of cutting-edge technologies to the development of
eco-friendly formulations, the trends not only address current challenges but
also pave the way for a more resilient and sustainable future in weed
management. As the industry embraces the upcoming trends, it navigates a path
toward a greener and more efficient era in global agriculture,” said Mr. Karan
Chechi, Research Director of TechSci Research, a research-based management
consulting firm.
“Soil Active Herbicides Market By Mobility
Type (Contact, Systemic), By Mode of Action (Selective Herbicides,
Non-Selective Herbicides), By Product Type (Synthetic Herbicides,
Bio-herbicides), By Application (Pre-Plant, Pre-Emergence, Post-Emergence), By
End Use (Farming Lawns, Gardening & Landscaping), By
Region, By Competition Forecast & Opportunities, 2018-2028F”,
has evaluated the future growth potential of Global Soil Active Herbicides Market
and provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Soil Active Herbicides Market.
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