Global Herbicides Safeners Market is valued at USD 1477.8 Million in 2021 and expected to reach USD 2488.6 Million by 2028 with a CAGR of 7.64% over the forecast period.
Herbicides safeners are chemical compound that mix with herbicides to make them safe so that it reduces the effect of the herbicides on crops. Herbicides safeners act by accelerating herbicides metabolism and detoxification in crop plants. Herbicides safeners is also used in seed treatments mainly in sorghum grain to protect only crops. Herbicides safeners work by reducing the ability of herbicides to reach and inhibit their target sites. They interact directly with the biochemical targets or receptor proteins of herbicides in crop plants. It also increases tolerance of monocotyledonous cereal plants to herbicides without affecting the weed control effectiveness. There are different types of herbicides safeners available in the market such as benoxacor, dichlormid, furilazole and isoxadifen. Benefits of herbicides safeners are it helps to protect crops from damage caused by herbicides
Herbicides safeners is segmented into type, crop type, herbicide application stage, region and country. On the basis of type, herbicides safeners are segmented into benoxacor, dichlormid, furilazole and isoxadifen and others. Based on the crop type, herbicides safeners are segmented into Barley, corn, rice, sorghum, wheat and others. On the basis of herbicide application stage, herbicides safeners are segmented into pre-emergence and post-emergence.
The regions covered in global herbicides safeners market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, Global herbicides safeners market sub divided in U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Global herbicides safeners market reports cover prominent players like
The key factor for the growth of herbicides safeners market is growing safety concern across the globe. Furthermore, increasing population has leads to rising in food demand coupled with which increases agricultural productivity globally. According to Food and Agriculture Organization (FAO), the world population is expected to reach up 9.1 billion by 2050 and food production is expected to rise by 70% before 2050. In addition, increasing production of cereals such as barley, corn, rice, sorghum, wheat and others across the globe is driving the growth of herbicides safeners market. According to Food and Agriculture Organization (FAO), the global cereal production in 2019 was 2790 million tonnes. Additionally, growing awareness about benefits of herbicides safeners among farmers owing to its safety properties is driving the growth of herbicides safeners market. However, the factors which restrict the growth of herbicides safeners market is negative effects of herbicides on human health. Moreover, development of new herbicides will create huge opportunity in herbicides safeners market.
Asia-Pacific is expected to dominate the growth of herbicides safeners market due to high production of cereals and grains to meet domestic demand, especially for wheat and rice in which herbicides are widely used. According to Food and Agriculture Organization (FAO), 90% of the world’s rice is produced and consumed in the Asia-Pacific Region. Current rice production in this region is 524 million annually and will increase to 700 million tonnes by 2025.
North-America is projected to grow at faster pace due to presence of leading players of agrochemicals such Bayer CropScience, BASF and others. Furthermore, increasing production of soybean and maize in this region which increases demand of herbicides safeners is driving the growth of herbicides safeners market. In North-America more than 85% of the maize and soybean is produced.
Europe is anticipated to grow due to growing awareness about benefits of herbicides safeners among the farmers. Additionally, increasing demand of herbicides safeners in this region is driving the growth of herbicides safeners market.
|Historical data||2018 - 2021|
|Forecast Period||2022 - 2028|
|Market Size in 2021:||USD 1477.8 Million|
|Base year considered||2021|
|Forecast Period CAGR %:||7.64%|
|Market Size Expected in 2028:||USD 2488.6 Million|
|Tables, Charts & Figures:||175|
|Companies/Key Players||Adama Agriculture Solutions, Buyer CropScience, BASF, Arysta LifeScience, Syngenta, Nufarm Limited, Others|
|Segments Covered||By Type, By Crop Type, By Herbicide Application Stage|
|Regional Analysis||North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa|
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