The soil active herbicides market consists of herbicides that are applied to the soil before or during planting for the purpose of controlling weeds. Soil active herbicides, which are applied pre-emergent or pre-plant, are absorbed by germinating weed seeds or weed roots in the soil. Some key benefits of soil active herbicides include increased crop yields by preventing early season weed competition, broad spectrum control of annual grasses and broadleaf weeds, and long-lasting residual weed control. With the growing global population and rising food demand, soil active herbicides play a vital role in maximizing crop production by effectively managing weeds.
The Global soil active herbicides market is estimated to be valued at US$ 9841.66 Bn in 2024 and is expected to exhibit a CAGR of 22% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the soil active herbicides market are GE Additive, Stratasys Ltd., Materialise N.V., EoS GmbH, Allevi, Inc., RegenHU, EnvisionTEC GmbH, 3D Systems, Inc., Nanoscribe GmbH, and GPI Prototype and Manufacturing Services, LLC. These players are focusing on new product launches and expansions to meet the growing demand for Soil Active Herbicides Market Demand. For instance, in 2022, Stratasys Ltd. launched its new F770 3D printer for mass production of end-use parts.
The global demand for food is projected to increase by over 50% by 2050. With declining farmland, there is an increasing need to boost agriculture productivity through effective crop protection solutions. Soil active herbicides ensure high crop yields by preventing yield losses from weed infestation. The growing population and rapid urbanization will drive the need for higher food production, fueling demand for soil active herbicides.
The soil active herbicides market is expanding globally with growth in emerging economies providing new opportunities. Regions like Asia Pacific and Latin America are witnessing increased adoption of modern agriculture practices and crop protection solutions to meet the rising food demand. Favorable government initiatives for agriculture development will further support the market growth in developing regions over the coming years.
Market drivers
Increasing instances of herbicide resistance in weeds is a major growth driver for the soil active herbicides market. Overuse and misuse of certain herbicides have led to the development of resistant weed strains which are not controlled by commonly used herbicides. This has created the need for newer and more effective soil active herbicides. Continuous product innovation by major players to introduce herbicide-resistant traits tailored to regional weed flora will boost market revenues. Moreover, the market is driven by the expansion of genetically modified crop area globally which often requires complementary herbicides for effective weed management.
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