Herbicide Safeners Market Forecast, Growth, By Type, Product, Revenue Share, Region
Market Forecast
Global Herbicide Safeners Market size is projected to be
valued at USD 2,435.2 Million by 2027 at a CAGR of 7.6% between 2020 and 2027.
Herbicide safeners are basically chemicals that increase the tolerance of
cereals plants to herbicides without affecting the weed control effectiveness.
With the use of safeners, difficult weed control problems can be addressed. The
continuous rise in demand for crops to fulfill the needs of the rising
population is resulting in an increased demand for herbicides. Trace amounts of
herbicides and pesticides are often present in the end product consumed. This
is influencing the increased demand for safeners in herbicides among the
manufacturers. The growth of the agriculture sector in developing nations and
increasing cereals production is boosting the sales of herbicide safeners. The
market players are emphasizing product launches, partnerships, acquisitions,
and expansions to meet the increasing market demand.
Key Players in Herbicide Safeners Market
- DowDuPont
Inc. (US)
- BASF
SE (Germany)
- Bayer
AG(Germany)
- Syngenta
AG (Switzerland)
- Nufarm
Limited (Australia)
- Adama
Agricultural Solutions (Israel)
- Arysta
LifeScience (US)
- Drexel
Chemical Company (US)
- Land
O’Lakes (US)
- Sipcam-Oxon
Group (Italy)
- Helm
AG (Germany)
- Tenkoz
(US)
- UPL
Limited (India)
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Market USP
Increasing instances of toxicity of herbicides on crops
Herbicide Safeners Market Growth Opportunities
Rising cereals & grains production: Among all the
crops, cereals & grains are the most consumed and account for the largest
portion of the agricultural land worldwide. Also, the increasing demand for
plant-based food has further boosted the demand for cereals & grains in
food processing industries. Thus, with the continuous rise in the production of
cereals & grains across the world, the demand for crop protectors such as
herbicide safeners is expected to grow tremendously in the coming years.
Growth of safener products in non-selective
herbicides: Safeners are majorly applied in selective herbicides.
However, growing demand for GM crops has opened doors for safeners in
non-selective herbicides. Resistance to specific herbicide types is one of the
key traits introduced into genetically modified organisms or GMOs.
Increasing availability of herbicide safeners market
products: Herbicide safener is gradually evolving in the agricultural
industry. Farmers in some of the developing and underdeveloped countries are
unaware of the product. However, the increasing availability of herbicides in
the market consisting of safeners is projected to drive the attention of
consumers, which will uplift the Herbicide
Safeners market forecast in the coming years.
NOTE: Our Team of Researchers are Studying Covid19 and
its Impact on Various Industry Verticals and wherever required we will be
considering Covid19 Footprints for Better Analysis of Market and Industries.
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