Product Code: ETC8842921 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The herbicide tolerance market in the Philippines is witnessing significant growth due to the increasing adoption of genetically modified crops that can withstand herbicide applications. Farmers are increasingly using herbicide-tolerant seeds to improve yield and reduce manual labor costs associated with weed control. Regulatory frameworks and technological advancements in seed modification further contribute to the market`s expansion.
The increasing adoption of herbicide-tolerant crops in the Philippines is driving market growth. Farmers are seeking solutions to improve crop productivity while reducing manual labor and weed-related losses. The introduction of genetically modified crops with enhanced herbicide resistance is further fueling market expansion. Additionally, government support for modern farming techniques and the rising focus on sustainable agriculture are contributing to the growing demand for herbicide-tolerant solutions.
The herbicide tolerance market in the Philippines encounters difficulties due to the rising concerns over genetically modified (GM) crops. Although herbicide-tolerant crops offer advantages such as higher yields and reduced labor costs, public perception and regulatory restrictions on GMOs hinder widespread adoption. Farmers also face challenges related to herbicide resistance, as prolonged use of the same herbicides can lead to the development of resistant weed species, necessitating the use of multiple herbicides and increasing costs. Additionally, the high cost of herbicide-tolerant seeds limits accessibility for small-scale farmers, reducing market growth potential.
The Philippines herbicide tolerance market presents significant investment potential due to the increasing adoption of genetically modified crops resistant to herbicides. With the country`s agricultural sector striving for higher productivity and efficiency, demand for herbicide-tolerant seeds is rising. Investors can explore opportunities in seed production, biotechnology advancements, and regulatory-compliant herbicide solutions. Government initiatives promoting sustainable agriculture and the need to combat resistant weeds further drive market growth.
The regulation of herbicide-tolerant crops is managed through the Bureau of Plant Industry (BPI) and other relevant agencies. The government enforces strict biosafety regulations for genetically modified (GM) crops that are resistant to herbicides, ensuring that they do not pose risks to human health or biodiversity. Approval processes require scientific assessments, field trials, and public consultations before commercialization. Policies also include post-approval monitoring to evaluate environmental and economic impacts, ensuring compliance with global safety standards.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Herbicide Tolerance Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Herbicide Tolerance Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Herbicide Tolerance Market - Industry Life Cycle |
3.4 Philippines Herbicide Tolerance Market - Porter's Five Forces |
3.5 Philippines Herbicide Tolerance Market Revenues & Volume Share, By Herbicide Tolerance Type, 2021 & 2031F |
3.6 Philippines Herbicide Tolerance Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Philippines Herbicide Tolerance Market Revenues & Volume Share, By Crops, 2021 & 2031F |
4 Philippines Herbicide Tolerance Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Herbicide Tolerance Market Trends |
6 Philippines Herbicide Tolerance Market, By Types |
6.1 Philippines Herbicide Tolerance Market, By Herbicide Tolerance Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Herbicide Tolerance Market Revenues & Volume, By Herbicide Tolerance Type, 2021- 2031F |
6.1.3 Philippines Herbicide Tolerance Market Revenues & Volume, By Glyphosate-Tolerant Crops, 2021- 2031F |
6.1.4 Philippines Herbicide Tolerance Market Revenues & Volume, By Glufosinate-Tolerant Crops, 2021- 2031F |
6.2 Philippines Herbicide Tolerance Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Philippines Herbicide Tolerance Market Revenues & Volume, By Production of New Protein, 2021- 2031F |
6.2.3 Philippines Herbicide Tolerance Market Revenues & Volume, By Modification of Target Protein, 2021- 2031F |
6.2.4 Philippines Herbicide Tolerance Market Revenues & Volume, By Creation of Physical or Physiological Barriers, 2021- 2031F |
6.3 Philippines Herbicide Tolerance Market, By Crops |
6.3.1 Overview and Analysis |
6.3.2 Philippines Herbicide Tolerance Market Revenues & Volume, By Alfalfa, 2021- 2031F |
6.3.3 Philippines Herbicide Tolerance Market Revenues & Volume, By Argentine Canola, 2021- 2031F |
6.3.4 Philippines Herbicide Tolerance Market Revenues & Volume, By Carnation, 2021- 2031F |
6.3.5 Philippines Herbicide Tolerance Market Revenues & Volume, By Chicory, 2021- 2031F |
6.3.6 Philippines Herbicide Tolerance Market Revenues & Volume, By Cotton, 2021- 2031F |
6.3.7 Philippines Herbicide Tolerance Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Herbicide Tolerance Market Import-Export Trade Statistics |
7.1 Philippines Herbicide Tolerance Market Export to Major Countries |
7.2 Philippines Herbicide Tolerance Market Imports from Major Countries |
8 Philippines Herbicide Tolerance Market Key Performance Indicators |
9 Philippines Herbicide Tolerance Market - Opportunity Assessment |
9.1 Philippines Herbicide Tolerance Market Opportunity Assessment, By Herbicide Tolerance Type, 2021 & 2031F |
9.2 Philippines Herbicide Tolerance Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Philippines Herbicide Tolerance Market Opportunity Assessment, By Crops, 2021 & 2031F |
10 Philippines Herbicide Tolerance Market - Competitive Landscape |
10.1 Philippines Herbicide Tolerance Market Revenue Share, By Companies, 2024 |
10.2 Philippines Herbicide Tolerance Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |