Dublin, Sept. 11, 2023 (GLOBE NEWSWIRE) -- The "Weed Control Market, By Control Methods, By Application Areas, By Target Weed Species, By End-Users, And By Geography- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.
The global weed control market is poised to surge from $30.33 billion in 2023 to $45.08 billion in 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 5.8%. With weeds posing threats to crop vitality and sustainability, this market plays a pivotal role in maintaining the health and productivity of agricultural and landscaping domains.
Understanding Weed Control
- Weeds Competing with Desirable Plants: Weeds disrupt the growth of desirable plants by vying for nutrients, moisture, and space. These invasive plants can hinder crop and pasture production, affecting both quality and quantity.
- Preventative Strategies: Preventing weed spread is paramount, and measures include utilizing certified weed-free seeds, treating hay to eliminate weeds, and filtering irrigation water to prevent seed dispersion.
- Agricultural Methods: Weed control techniques encompass tillage and mowing to manage weed growth and maintain favorable conditions for cultivated plants.
Market Dynamics
- Drivers: Rising global food demand, technological strides in weed control, agriculture and landscaping industry expansion, and invasive species concerns drive the growth of the weed control market.
- Opportunities: Biologically-based, precision, and integrated weed management solutions present avenues for market expansion. Herbicide-tolerant crop traits also offer growth potential.
- Challenges: Herbicide resistance, environmental considerations, public perception, and consumer preferences are obstacles that the market needs to address.
Key Features of the Study
- The report unravels revenue prospects across segments and outlines attractive investment matrices.
- Insights encompass market drivers, restraints, opportunities, trends, new product launches, approvals, regional perspectives, and competitive strategies.
- Key player profiles detail company highlights, product portfolios, financial performance, and strategies.
Impact on Stakeholders
- Investors, suppliers, manufacturers, distributors, new entrants, and financial analysts gain insights for informed decisions regarding product launches, upgrades, expansions, and marketing strategies.
- Strategy matrices assist stakeholders in analyzing the market and making informed choices.
Segmentation Overview
Control Methods:
- Chemical Weed Control
- Biological Weed Control
- Mechanical Weed Control
- Cultural Weed Control
Application Areas:
- Agricultural Weed Control
- Non-Agricultural Weed Control
Target Weed Species:
- Broadleaf Weeds
- Grass Weeds
- Sedge and Rush Weeds
- Aquatic Weeds
End User:
- Farmers and Agricultural Professionals
- Landscapers and Groundskeepers
- Government and Municipalities
- Residential Consumers
Regions:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
Key Company Profiles
- Bayer AG
- BASF SE
- Syngenta AG (now owned by ChemChina)
- Corteva Agriscience
- FMC Corporation
- Nufarm Limited
- Dow AgroSciences (part of Corteva Agriscience)
- UPL Limited
- Adama Agricultural Solutions (part of Syngenta Group)
- AMVAC Chemical Corporation
- Valent U.S.A. (part of Sumitomo Chemical)
- Isagro S.p.A.
- Marrone Bio Innovations
- Albaugh LLC
- Drexel Chemical Company
In summary, the global weed control market is pivotal for safeguarding crop health, aligning with the pressing need for efficient and sustainable agricultural practices. With a comprehensive segmentation and profile of key players, this study empowers stakeholders to navigate the evolving landscape, fostering informed decision-making and innovation for a thriving weed control market.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 160 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $30.33 Billion |
| Forecasted Market Value (USD) by 2030 | $45.08 Billion |
| Compound Annual Growth Rate | 5.8% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/qgrarh
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