Weed Control Market: By Approach (Chemical Herbicides, Biological, Mechanical); By End-Use (Agriculture, Non-Crop); & Geography - Forecast (2017-2022)
Weed controls methods are capable of removing weeds from crops and helps in increasing agricultural productivity. Weed controls methods are applied for both crop and non-crop applications. Rising awareness related to herbicide usage and their rotation among small scale farmers in emerging economies is driving the weed control market. The market for weed control is estimated to be $26.65 billion in 2016 and is projected to escalate to $XX billion by 2022 at a CAGR of 3.5%. Expansion of manufacturing plants in low cost emerging nations will create new opportunities for global weed control market.
Weed Control Market
The weed control market has been segmented based on following parameters: approach, end-use and geography. Each of the categories has been further segregated into specific sub-divisions to consider the dynamics associated with this industry. Based on approach, chemical herbicides dominated the weed control market in 2016, whereas biological is estimated to grow at a higher rate with a CAGR of 8.7% during the forecast period. The end-use applications considered in the report include agriculture and non-crops. Agriculture includes cereals & grains, fruits & vegetables, oilseeds & pulses and other crops. Cereals & grains dominated the weed control market in 2016 whereas non-crops is projected to grow at faster rate during the forecast period. Weed control market specific to eminent countries that constituted the overall regional market including North America, South America, Asia-Pacific (APAC), Europe and Rest of the World (RoW) are mentioned in the report.
Rapidly spreading negative opinions on Glyphosate is hindering the weed control market. Increasing pressure to improve the crop yield to meet the food, fuel and fiber demand has been a major driver for the rapid innovation and adoption of herbicides.
Sample Companies profiled in this report are:
Monsanto Company (U.S.),
Syngenta AG (Switzerland),
Bayer Crop Science AG (Germany),
BASF SE (Germany),
Nufarm Limited (Australia),
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