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Herbicide Safener Market Trends

Report ID: GMI7824
Published Date: Jan 2024
Report Format: PDF

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Herbicide Safener Market Trends

Manufacturers are focusing on creating herbicide safeners that offer broad-spectrum protection against a variety of herbicides while minimizing any adverse effects on crops. Water-soluble and environmentally friendly formulations are gaining popularity, aligning with the increasing emphasis on sustainable agriculture. Additionally, there is a trend towards the integration of herbicide safeners with herbicide mixtures, providing farmers with convenient and efficient solutions for weed control.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Herbicide safener industry was worth USD 1.15 billion in revenue in 2023 and is anticipated to reach USD 2,066.4 million by 2032 driven by the rising adoption of herbicides in agriculture coupled with the growing need for enhanced crop safety and yield protection.

The benoxacor segment in the herbicide safener industry accounted for USD 396.3 million in 2023 and is estimated to record substantial growth through 2032 attributed to its effectiveness in enhancing the safety and tolerance of crops to herbicides.

North America herbicide safener industry size generated USD 441.4 million in 2023 and is set to expand at a notable pace between 2024 and 2032 owing to the extensive agricultural activities in the region, particularly in the U.S. and Canada.

Some of the major herbicide safener companies are Sumitomo Chemical Co., Ltd., DowDuPont, Bayer AG, BASF SE, Syngenta AG, FMC Corporation, Nuseed Pty Ltd., ChemChina, and LanzaTech Ltd.