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Global Dicamba Herbicide Market to reach USD XX billion by the end of 2029

Global Dicamba Herbicide Market Size study & Forecast, by Form Type (liquid and dry) and by Crop Type (Cereals & Grains, Oilseeds & Pulses, and Pastures & Forage Crops) and Regional Analysis, 2022-2029

Product Code: OIRAL-72068385
Publish Date: 10-04-2023
Page: 200

The global Dicamba Herbicide Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2029. Dicamba Herbicide is a benzoic acid herbicide that is applied to plants, leaves, and soils. It is majorly used to control broad-leaved weeds. It has major application towards cereals and grains, oilseeds, pulses , pastures and forage crops . The Dicamba Herbicide market is expanding because of factors such as the rising prices of agricultural commodities and increasing usage of herbicides

According to Statista in 2021, the global demand for agricultural chemicals is projected to rise from USD 63 billion to USD 312 billion during 2017-2025. Also, the agrochemical market globally in 2021 was around USD 217.24 billion which is projected to reach around USD 279 billion by 2030. Whereas rising advancement across farming practices and technology and the growth of dicamba-resistant GMO crops create lucrative opportunities for the market. However, the growth of the organic food industry hampers market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Dicamba Herbicide Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, with the emergence of glyphosate-resistant weeds having propelled the farmers to adopt dicamba, growing usage of herbicides, etc. Whereas North America is expected to grow significantly during the forecast period, owing to factors such as growing advancement across farming practices and technology and innovation by market players

Major market players included in this report are:
Bayer AG (The Monsanto Company)
Dupont De Nemours and Company,
Syngenta AG,
Basf SE
Corteva Agriscience
Nufarm Ltd
Marubeni Corporation
Albaugh LLC
Alligare, LLC

Recent Developments in the Market:
 In November 2020, BASF plans to release Engenia Prime, a premix containing pyroxasulfone (Zidua), imazethapyr (Pursuit), and dicamba (Engenia).
 In January 2019, The Monsanto Company provided an update on its R&D pipeline advancements over the previous year. A record number of projects advanced to the next stage across the company’s five R&D platforms: data science, plant breeding, plant biotechnology, crop protection, and ag biologicals. The Monsanto Company provided an update on its R&D pipeline advancements over the previous year. A record number of projects advanced to the next stage across the company’s five R&D platforms: data science, plant breeding, plant biotechnology, crop protection, and ag biologicals.
Global Dicamba Herbicide Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Form type, Crop Type , Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Form:

By Crop Type :
Cereals & Seeds
Oil Seeds and Pulses
Pastures and Forage Crops

By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Dicamba Herbicide Market, by Region, 2019-2029 (USD Billion)
1.2.2. Dicamba Herbicide Market, by Form Type, 2019-2029 (USD Billion)
1.2.3. Dicamba Herbicide Market, by Crop Type, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Dicamba Herbicide Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Dicamba Herbicide Market Dynamics
3.1. Dicamba Herbicide Market Impact Analysis (2019-2029)
3.1.1. Market Drivers Rising prices of agricultural commodities Increasing usage of herbicides
3.1.2. Market Challenges Growth of the organic food industry
3.1.3. Market Opportunities Rising advancement across farming practices and technology Growth of dicamba-resistant GMO crops
Chapter 4. Global Dicamba Herbicide Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Dicamba Herbicide Market, by Form Type
6.1. Market Snapshot
6.2. Global Dicamba Herbicide Market by Form Type, Performance – Potential Analysis
6.3. Global Dicamba Herbicide Market Estimates & Forecasts by Form Type 2019-2029 (USD Billion)
6.4. Dicamba Herbicide Market, Sub-Segment Analysis
6.4.1. Liquid
6.4.2. Dry
Chapter 7. Global Dicamba Herbicide Market, by Crop Type
7.1. Market Snapshot
7.2. Global Dicamba Herbicide Market by Crop Type, Performance – Potential Analysis
7.3. Global Dicamba Herbicide Market Estimates & Forecasts by Crop Type 2019-2029 (USD Billion)
7.4. Dicamba Herbicide Market, Sub-Segment Analysis
7.4.1. Cereals & Seeds
7.4.2. Oil Seeds and Pulses
7.4.3. Pastures and Forage Crops
Chapter 8. Global Dicamba Herbicide Market, Regional Analysis
8.1. Dicamba Herbicide Market, Regional Market Snapshot
8.2. North America Dicamba Herbicide Market
8.2.1. U.S. Dicamba Herbicide Market Form Type breakdown estimates & forecasts, 2019-2029 Crop Type breakdown estimates & forecasts, 2019-2029
8.2.2. Canada Dicamba Herbicide Market
8.3. Europe Dicamba Herbicide Market Snapshot
8.3.1. U.K. Dicamba Herbicide Market
8.3.2. Germany Dicamba Herbicide Market
8.3.3. France Dicamba Herbicide Market
8.3.4. Spain Dicamba Herbicide Market
8.3.5. Italy Dicamba Herbicide Market
8.3.6. Rest of Europe Dicamba Herbicide Market
8.4. Asia-Pacific Dicamba Herbicide Market Snapshot
8.4.1. China Dicamba Herbicide Market
8.4.2. India Dicamba Herbicide Market
8.4.3. Japan Dicamba Herbicide Market
8.4.4. Australia Dicamba Herbicide Market
8.4.5. South Korea Dicamba Herbicide Market
8.4.6. Rest of Asia Pacific Dicamba Herbicide Market
8.5. Latin America Dicamba Herbicide Market Snapshot
8.5.1. Brazil Dicamba Herbicide Market
8.5.2. Mexico Dicamba Herbicide Market
8.6. Rest of The World Dicamba Herbicide Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Bayer AG (The Monsanto Company) Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. Dupont De Nemours and Company,
9.2.3. Syngenta AG,
9.2.4. Basf SE
9.2.5. Corteva Agriscience
9.2.6. Nufarm Ltd
9.2.7. Marubeni Corporation
9.2.8. Albaugh LLC
9.2.9. Alligare, LLC
9.2.10. ADAMA Ltd
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
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Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
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Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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