The soil active herbicides market is estimated to be valued at USD 7.30 Bn in 2024 and is expected to reach USD 10.55 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
Figure 1. Soil Active Herbicides Market Share (%), By Region, 2024
Soil active herbicides are crop protection chemicals applied to soils before or during planting to control weed growth. They work by inhibiting the growth of undesired plant species through various modes of action like disrupting amino acid production, photosynthesis, or cell division. Being applied directly to soils, these herbicides are absorbed by weed seedlings through their root systems and hydrolyze into phytotoxic chemicals harming them selectively. The global soil active herbicides market is driven by the rising demand for higher agricultural productivity and the need to minimize post-emergence manual weeding which is a labor-intensive process.
Market Dynamics:
The global soil active herbicides market is primarily driven by the rising demand for food due to the growing world population which is exerting pressure on farmers to increase agricultural yields. Soil active herbicides help boost crop yields by controlling weeds which compete with crops for water, nutrients, and sunlight. Their application reduces the need for manual weeding and allows the cultivation of high-value crops with narrow rows. However, factors such as stringent regulatory norms pertaining to product registrations and maximum residue limits of active ingredients in food crops act as a restraint. Meanwhile, the development of bio-based and eco-friendly soil herbicides presents an opportunity for sustainable weed management in agriculture.
Key Features of the Study:
- This report provides an in-depth analysis of the global soil active herbicides market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global soil active herbicides market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Bayer AG, BASF SE, Syngenta AG, ADAMA Ltd., Nissan Chemical Corporation, DHARMAJ CROP GUARD LIMITED, Geeken Chemicals India Limited, SWAL CORPORATION LTD., Volkschem Crop Science Pvt., United Insecticides Pvt Ltd , crop life science ltd, Ratnakar Fertilizer Industries, Corteva, UPL, Gujarat Pesticides, Rallis India Limited, BIOSTADT INDIA LIMITED, Indofil Industries Limited, HPM Chemicals & Fertilizers Ltd., and Star Chemicals
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global soil active herbicides market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global soil active herbicides market
Detailed Segmentation-
- By Product Type:
- Synthetic Herbicides
- Bio-herbicides
- By Mode of Action:
- Selective Herbicides
- Non-Selective Herbicides
- By Application:
- Pre-Plant
- Pre-Emergence
- Post-Emergence
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- Bayer AG
- BASF SE
- Syngenta AG
- ADAMA Ltd.
- Nissan Chemical Corporation
- DHARMAJ CROP GUARD LIMITED
- Geeken Chemicals India Limited
- SWAL CORPORATION LTD.
- Volkschem Crop Science Pvt.
- United Insecticides Pvt Ltd
- crop life science ltd
- Ratnakar Fertilizer Industries
- Corteva
- UPL
- Gujarat Pesticides
- Rallis India Limited
- BIOSTADT INDIA LIMITED
- Indofil Industries Limited
- HPM Chemicals & Fertilizers Ltd.
- Star Chemicals