Market Forecast By Type (Glyphosate, 2, 4-D, Diquat, Others), By Mode of Action (Non-Selective, Selective), By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Others) And Competitive Landscape
Product Code: ETC048909 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The herbicides market in the Philippines is expected to witness a CAGR of 5.9% during the forecast period (2020-2026). Herbicides are widely used for weed control and crop protection by farmers in the country as they help to improve crop yields and quality, thereby increasing profits. The growing population has resulted in increased demand for food supply, leading to an increase in agricultural operations and boosting the usage of herbicides across various crops such as corn, wheat, rice etc., thus driving the growth of the herbicides market across the Philippines. In addition, government initiatives like the Philippine Rice Research Institutes R&D programs focusing on integrated pest management that includes the use of herbicides have further contributed to this growth trend
However, potential health hazards associated with improper usage of these products along with stringent regulations imposed by government agencies like the Department Of Agriculture may restrain this market surge during the forecast period. The Covid 19 pandemic has had a significant impact on all markets including this one; however, due to its essential nature, some segments have been relatively less affected than others. Moreover emergence of new technologies such as precision farming that utilize advanced automated machines equipped with sensors that analyze soil conditions & optimize fertilizers & pesticide applications will open up more opportunities for players operating in this space over the next few years. Major players operating in this segment include BASF SE, Monsanto Company etc
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 Herbicides Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Herbicides Market Revenues & Volume, 2020 & 2030F |
3.3 Philippines Herbicides Market - Industry Life Cycle |
3.4 Philippines Herbicides Market - Porter's Five Forces |
3.5 Philippines Herbicides Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 Philippines Herbicides Market Revenues & Volume Share, By Mode of Action, 2020 & 2030F |
3.7 Philippines Herbicides Market Revenues & Volume Share, By Crop Type, 2020 & 2030F |
4 Philippines Herbicides Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Herbicides Market Trends |
6 Philippines Herbicides Market, By Types |
6.1 Philippines Herbicides Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Herbicides Market Revenues & Volume, By Type, 2020-2030F |
6.1.3 Philippines Herbicides Market Revenues & Volume, By Glyphosate, 2020-2030F |
6.1.4 Philippines Herbicides Market Revenues & Volume, By 2, 4-D, 2020-2030F |
6.1.5 Philippines Herbicides Market Revenues & Volume, By Diquat, 2020-2030F |
6.1.6 Philippines Herbicides Market Revenues & Volume, By Others, 2020-2030F |
6.2 Philippines Herbicides Market, By Mode of Action |
6.2.1 Overview and Analysis |
6.2.2 Philippines Herbicides Market Revenues & Volume, By Non-Selective, 2020-2030F |
6.2.3 Philippines Herbicides Market Revenues & Volume, By Selective, 2020-2030F |
6.3 Philippines Herbicides Market, By Crop Type |
6.3.1 Overview and Analysis |
6.3.2 Philippines Herbicides Market Revenues & Volume, By Cereals & Grains, 2020-2030F |
6.3.3 Philippines Herbicides Market Revenues & Volume, By Oilseeds & Pulses, 2020-2030F |
6.3.4 Philippines Herbicides Market Revenues & Volume, By Fruits & Vegetables, 2020-2030F |
6.3.5 Philippines Herbicides Market Revenues & Volume, By Others, 2020-2030F |
7 Philippines Herbicides Market Import-Export Trade Statistics |
7.1 Philippines Herbicides Market Export to Major Countries |
7.2 Philippines Herbicides Market Imports from Major Countries |
8 Philippines Herbicides Market Key Performance Indicators |
9 Philippines Herbicides Market - Opportunity Assessment |
9.1 Philippines Herbicides Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 Philippines Herbicides Market Opportunity Assessment, By Mode of Action, 2020 & 2030F |
9.3 Philippines Herbicides Market Opportunity Assessment, By Crop Type, 2020 & 2030F |
10 Philippines Herbicides Market - Competitive Landscape |
10.1 Philippines Herbicides Market Revenue Share, By Companies, 2023 |
10.2 Philippines Herbicides Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |