Future Trends of Cereal Herbicides Market by Product, Technology, Growth Factors and Trends by Forecast 2023
Excell Reports include new market research report “Cereal Herbicides Market” to its huge collection of research reports at the global and regional level. Herbicides are widely used in agriculture and landscape turf management. Herbicides are toxic in nature and cause several health diseases with the direct contact. The market is driven by factors such as adoption of better farming practices and rise in production of cereals & grains, especially in the Asia-Pacific region.
On the basis of product type, Herbicides market can be segmented into Atrazine, Acetochlor, Glyphosate and others. On the basis of crop type, herbicides market is classified as Oilseeds, Cereals & grains, Fruits & Vegetables and others.
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The glyphosate segment is projected to have the highest CAGR during the forecast period. This is due to the fact that glyphosate-based products are being widely adopted in various forms such as gels and powders, which are more convenient to use.
Herbicides are applied on a wide scale to most cereal crops to control weeds. Cereals are grown widely across the world, but growth is projected to be higher in the Asia-Pacific region due to increased consumption of rice in the daily diets here. The global demand for herbicides in this segment is high and is projected to grow as producers are focusing on increasing the per unit yield.
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Some of the major drivers contributing the overall market growth of herbicides include limited availability of cultivable land, change in farming practices and technology and increasing acceptance of modern farming and protected agriculture. Growing concern towards environment and genetically modified crops are some of the major restraints for herbicides market. Strict approvals and regulations and ban and restriction imposed by regulatory authority are expected to pose severe challenge to the growth of herbicides market. Rapid growth in the organic herbicides market can act as an opportunity for herbicides market.
• The Report Highlights:
• Overview of the industry, including definitions, classification and segmentation on the basis of application, product, geography and competitive market share
• All-inclusive assessment of the market
• Industry validated and statistically-supported market data
• Facts and statistics
• Business outlook and developments
• Market forecasts for the projected time frame
• Qualitative analyses (including SWOT analysis), product profiles and commercial developments.
• Key participants, company profiles, market trends, and business strategies
• The report is designed to incorporate both qualitative and quantitative aspects of the industry.
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