Herbicide Market Size, Share, Industry, Forecast and outlook (2024-2031)
The Global Herbicides Market reached USD 32.5 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 52.1 billion by 2031. The market is growing at a CAGR of 6.1% during the forecast period 2024-2031. The growing demand for food is majorly driving the Global Herbicides Market growth. For instance, the estimated demand for global cereal equivalent (CE) food is 10,094 million tonnes in 2030 and 14,886 million tonnes in 2050.