by
Weed control is the management and suppression of unwanted plants, commonly referred to as weeds that grow in areas where they are not desired. Weeds are plants that compete with cultivated crops, native vegetation, or landscaping plants for resources like water, nutrients, and sunlight. They can significantly impact agricultural productivity, natural ecosystems, and the aesthetic value of landscapes. There are various methods of weed control, ranging from chemical herbicides to cultural and mechanical practices. Chemical herbicides are substances designed to kill or inhibit weed growth selectively, without harming desired plants. They are commonly used in agriculture, forestry, and urban settings. However, the use of herbicides requires careful application to minimize environmental impact and health risks. Cultural practices for weed control include crop rotation, mulching, and maintaining proper planting density to reduce weed competition. Mechanical methods involve physically removing weeds through hand-pulling, hoeing, or using specialized tools like weed trimmers and mowers.
Market Dynamics:
Rising product launches are estimated to augment the growth of the global weed control market during the forecast period. For instance, Habitat Aqua herbicide was launched by BASF SE, in June 2021. The product has been approved for use in and around aquatic sites as it offers effective control over invasive species like flowering rush, phragmites, knotweeds, and cordgrasses. Moreover, rising toxicity associated with herbicides and increasing strict regulations are anticipated to restrain the growth of the global weed control market during the forecast period.
Impact of COVID-19:
The pandemic had an adverse impact on many countries. This outbreak was transmitted to more than 100 nations. COVID-19 impacted various manufacturing industries, and it also hampered the global economy. Several industries were shut down, and strict restrictions caused disruptions in supply chains. These restrictions imposed in several countries led to a lack of raw materials and there was a shortage of manpower in many industries. Manufacturing activities were halted in many parts of the world. This had a significant impact on the weed control market. The pandemic restrained the growth of the global weed control market. However, in the post-pandemic era, as all restrictions have now been eased the market is estimated to witness growth.
Key Takeaways:
The global Weed Control Market is expected to witness high growth, exhibiting a CAGR of 5.8 % over the forecast period, due to growing investments. For instance, a UK-based agricultural biotech startup Moa Technology secured USD 44 million in funding in 2022. The company is aiming to discover innovative and sustainable alternatives for overcoming the challenges related to herbicide resistance.
North America is anticipated to witness significant growth in the global weed control market during the forecast period, due to increasing commercial farming operations and growing agricultural sector.
Key players operating in the global weed control market are Valent Biosciences Corporation, BASF SE, Syngenta AG, Adama Agricultural Solutions Ltd., Rotam Crop Sciences Ltd., Bayer crop science AG, Nufarm Limited, Dow chemical company, Nissan Chemical Industries LTD, Drexel Chemical Company, Monsanto Company, Dupont Company, and FMC Corporation.
