The Latin American dicamba herbicide market is expected to reach USD 101.59 million in 2024 and reach USD 145.17 million by 2029, growing at a CAGR of 7.4% from 2024 to 2029.
The Latin American market is expected to rise tremendously because of changing farming practices from traditional to conventional.
Dicamba is a type of herbicide that is used to kill various types of weeds in pastures, Range lands and Non-crop areas. Dicamba works by increasing plant growth rate. At sufficient amounts, Plant outgrows its nutrient supplies and dies. Dicamba is generally used to kill Broad leaf weeds, annual and perennial rose weeds in grain crops and high lands.
The growing need for food security for the rising populace and rising crop loss owing to weed problems, along with changing agricultural practices from traditional to conventional, are some of the factors driving the growth of the Latin American dicamba herbicide market. However, some of the factors like the volatility of Dicamba, Stringent regulatory approvals, and the growing organic food industry are restraining the Latin American market.
This research report on the Latin American dicamba herbicides market is segmented and sub-segmented into the following categories:
Latin America Dicamba Herbicide Market - By Crop Type:
Latin America Dicamba Herbicide Market - By Formulation:
Latin America Dicamba Herbicide Market - By Physical Form:
Latin America Dicamba Herbicide Market - By Time of Application:
Latin America Dicamba Herbicide Market - By Country:
KEY MARKET PLAYERS:
This report includes a study of marketing and development strategies of leading companies such as Monsanto Company, BASF SE, Bayer Crop Science, E.I. du Pont de Nemours and Company, The Dow Chemicals Company, and Syngenta AG.
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