The Business Research Company’s Herbicide Safeners Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Herbicide Safeners Global Market Report 2023 evaluates herbicide safeners market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global herbicide safeners market is expected to grow from$1.04 billion in 2022 to $1.13 billion in 2023 at a compound annual growth rate (CAGR) of 8.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The herbicide safeners market is expected to reach $1.5 billion in 2027 at a CAGR of 7.4%.
The high demand for herbicide safeners in the agriculture sector is expected to propel the growth of the herbicide safeners market going forward. The agriculture sector refers to the economic activities involved in producing, processing, and distributing agricultural products. Herbicide safeners play a crucial role by protecting crops from herbicide-induced damage, allowing higher doses of herbicides to be used without harming the crops, thereby contributing to increased productivity and efficiency in agriculture. For instance, in October 2022, according to the Department For Environment, Food, And Rural Affairs, a UK-based government agency, UK total income from farming (TIFF) increased from US$960.78 million (£756 million) in 2020 to US$7622.70 (£5,998) in 2021, with an increase of 14%. Therefore, the high demand for herbicide safeners in the agriculture sector is driving the growth of the herbicide safeners market.
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The herbicide safeners market segments in the report are:
1) By Type: Benoxacor, Furilazole, Dichlormid, Isoxadifen, Other Types
2) By Herbicide Selectivity: Selective Herbicides, Non-Selective Herbicides
3) By Crop: Corn, Soybean, Wheat, Sorghum, Barley, Rice, Other Crops
4) By Application: Post-Emergence, Pre-Emergence
The table of contents in TBRC’s herbicide safeners market report includes:
- Executive Summary
- Herbicide Safeners Market Characteristics
- Herbicide Safeners Market Trends And Strategies
- Herbicide Safeners Market – Macro Economic Scenario
5.1. Global Herbicide Safeners Historic Market Size and Growth, 2017 – 2022, Value ($ Billion)
- Herbicide Safeners Market Segmentation
- Herbicide Safeners Market Regional And Country Analysis
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- Brazil Herbicide Safeners Market
- Middle East Herbicide Safeners Market
- Africa Herbicide Safeners Market
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