High adoption of herbicides in Latin America, unavailability of fertile land, and decrease in workforce and consequential rise in labor charges.

PORTLAND, OREGON, UNITED STATES, October 6, 2020 /EINPresswire.com/ -- According to the report published by Allied Market Research, the global herbicides market garnered $25.88 billion in 2017 and is expected to reach $37.99 billion by 2025, registering a CAGR of 4.8% from 2018 to 2025.

Growth Drivers and Industry Trends

The report provides a comprehensive analysis of the herbicides market covering aspects including market size and share, market dynamics, market segmentation, and competitive landscape. The report serves as a vital tool for stakeholders such as market players and investors as it helps them determine how the market will evolve across different regions and technology segments. It also helps them to grab the opportunities to grow and expand in the space.
Request Report Sample at: https://www.alliedmarketresearch.com/request-sample/528

The report offers an analysis of the growth drivers, restraints and opportunities of the global herbicides market. High adoption of herbicides in Latin America, unavailability of fertile land, and decrease in workforce and consequential rise in labor charges drive the growth of the market. However, health hazards by herbicides and growth in health concern restrict the growth of the industry. Conversely, potential in Asia-Pacific and Latin America and prompt acceptance of bioherbicides offer new opportunities for the growth of the market.

Segmentation Analysis of the Industry

The report offers a broad segmentation of the global herbicides market. It segments the market into type, mode of action, crop type, and region. Based on type, the market is classified into synthetic herbicide and bioherbicide. The synthetic segment contributed 95.3% of the total market share in 2017 and will maintain its dominance through 2025. The mode of action segment is divided into selective and non-selective.

Interested in Procuring this Report? visit: https://www.alliedmarketresearch.com/herbicides-market/purchase-options

The selective segment is expected to maintain its lead position in terms of revenue through 2025. Among the crop types, the soybean segment is likely to grab the largest market share during the forecast period. The other subsegments of this section are corn, cotton, wheat, and others. The report covers a study of the regions such as North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is expected to register the highest CAGR of 6.5% through 2025 while Europe would maintain its dominance in terms of revenue through the study period.

Industry Key Players

The report also includes an analysis of the leading players operating in the global herbicides market. They include BASF, Bayer AG, DowDupont, Syngenta AG, FMC Corporation, Adama Agricultural Solutions Ltd, and Nufarm Ltd.

Get detailed COVID-19 impact analysis on the Herbicides Market: https://www.alliedmarketresearch.com/request-for-customization/528?reqfor=covid

About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
Web: https://www.alliedmarketresearch.com

Tushar Rajput
Allied Analytics LLP
+1 800-792-5285
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn