Vietnam Herbicides Market (2025-2031) Outlook | Size, Share, Forecast, Value, Companies, Trends, Industry, Growth, Analysis & Revenue

Market Forecast By Type (Glyphosate, 2, 4-D, Diquat), By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables), By Mode of Action (Non-selective, Selective) And Competitive Landscape
Product Code: ETC4593811 Publication Date: Jul 2023 Updated Date: Sep 2025 Product Type: Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

Vietnam Herbicides Market Competition 2023

Vietnam Herbicides market currently, in 2023, has witnessed an HHI of 6121, Which has increased moderately as compared to the HHI of 5778 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

 Vietnam Herbicides Market Competition 2023

Vietnam Herbicides Market Overview

The Vietnam Herbicides market plays a crucial role in weed management, supporting agricultural productivity by minimizing weed competition with crops. As farmers seek efficient and sustainable weed control solutions, the market for herbicides continues to evolve. Innovations in herbicide formulations and application technologies contribute to the market`s dynamism, addressing the challenges associated with weed infestation in diverse crops.

Drivers of the Market

The Vietnam Herbicides market is primarily propelled by the need to enhance crop yields and combat weed infestations in agriculture. Herbicides are essential for weed control, which can significantly reduce crop productivity if left unmanaged. As the country aims to increase food production to meet the demands of a growing population, herbicides become integral in modern farming practices. Furthermore, the shift towards mechanized agriculture and reduced labor in farming encourages the adoption of herbicides for weed management.

Challenges of the Market

The Herbicides market in Vietnam confronts challenges related to the diversity of weed species and the need for broad-spectrum solutions. Farmers encounter difficulties in selecting herbicides that effectively target a wide range of weeds while minimizing the impact on crops and the environment. Developing herbicide formulations with enhanced selectivity and reduced ecological footprint requires continuous innovation. Additionally, addressing concerns about herbicide residues in food and water sources presents a persistent challenge, necessitating stringent safety standards and transparent communication.

COVID 19 Impact on the Market

The Vietnam Herbicides Market faced challenges during the COVID-19 pandemic. Disruptions in the supply chain and logistical constraints impacted the availability of herbicides. Farmers encountered difficulties in obtaining weed control solutions, affecting crop yields. Economic uncertainties and the financial strain on the agricultural sector further influenced the purchasing patterns in the herbicides market.

Key Players in the Market

The Vietnam herbicides market is shaped by the presence of key players specializing in weed control solutions. Global leaders like Monsanto (now part of Bayer), DowDuPont, and Nufarm play pivotal roles by introducing advanced herbicides. Concurrently, local companies such as Hung Thinh Phu Chemicals and Trung Thanh Co., Ltd. contribute region-specific expertise, addressing the diverse weed challenges faced by Vietnamese farmers. Collaborative efforts between international and local players drive innovation and growth in the Vietnam herbicides market.

Key Highlights of the Report:

  • Vietnam Herbicides Market Outlook
  • Market Size of Vietnam Herbicides Market, 2024
  • Forecast of Vietnam Herbicides Market, 2031
  • Historical Data and Forecast of Vietnam Herbicides Revenues & Volume for the Period 2021-2031
  • Vietnam Herbicides Market Trend Evolution
  • Vietnam Herbicides Market Drivers and Challenges
  • Vietnam Herbicides Price Trends
  • Vietnam Herbicides Porter's Five Forces
  • Vietnam Herbicides Industry Life Cycle
  • Historical Data and Forecast of Vietnam Herbicides Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Herbicides Market Revenues & Volume By Glyphosate for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Herbicides Market Revenues & Volume By 2 for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Herbicides Market Revenues & Volume By 4-D for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Herbicides Market Revenues & Volume By Diquat for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Herbicides Market Revenues & Volume By Crop Type for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Herbicides Market Revenues & Volume By Cereals & Grains for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Herbicides Market Revenues & Volume By Oilseeds & Pulses for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Herbicides Market Revenues & Volume By Fruits & Vegetables for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Herbicides Market Revenues & Volume By Mode of Action for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Herbicides Market Revenues & Volume By Non-selective for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Herbicides Market Revenues & Volume By Selective for the Period 2021-2031
  • Vietnam Herbicides Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Crop Type
  • Market Opportunity Assessment By Mode of Action
  • Vietnam Herbicides Top Companies Market Share
  • Vietnam Herbicides Competitive Benchmarking By Technical and Operational Parameters
  • Vietnam Herbicides Company Profiles
  • Vietnam Herbicides Key Strategic Recommendations

What are the key competitors in the Vietnam herbicides market and how do they position themselves?

Major players in the Vietnam herbicides market include Monsanto, Syngenta, and Bayer. These companies position themselves as providers of innovative, high-quality herbicides that offer effective weed control solutions to farmers in Vietnam.
The Vietnam herbicides market encompasses various types of herbicides such as glyphosate, paraquat, and 2,4-D, which are widely used by agricultural companies like Agchem Access and CropLife Vietnam to control unwanted vegetation and enhance crop yield.
Customers in the Vietnam herbicides market are increasingly gravitating towards environmentally friendly and bio-based herbicides due to growing awareness of sustainability and eco-consciousness. Companies like Vinagreen, with their organic herbicide range, are gaining popularity among Vietnamese farmers who are seeking effective yet safe solutions for crop protection.
In recent years, the Vietnam herbicides market has been significantly impacted by the growing adoption of bio-based herbicides due to increasing environmental concerns. Companies like Bayer and Syngenta are investing in developing eco-friendly herbicide solutions to meet the changing consumer preferences and regulatory requirements. Additionally, the rise of precision farming technologies and the government's initiatives to promote sustainable agriculture practices are expected to shape the market landscape in the coming years.
The future of the Vietnam herbicides market is expected to be influenced by factors such as increasing adoption of bio-based herbicides, advancements in precision agriculture technologies, and rising concerns about environmental sustainability. Companies like Syngenta and Bayer are investing in developing innovative herbicide solutions that are more eco-friendly and effective in weed management. Additionally, the government's push towards promoting sustainable agriculture practices is likely to drive the demand for herbicides that have minimal impact on the environment.
6Wresearch actively monitors the Vietnam Herbicides Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Vietnam Herbicides Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Vietnam Herbicides Market Overview

3.1 Vietnam Country Macro Economic Indicators

3.2 Vietnam Herbicides Market Revenues & Volume, 2021 & 2031F

3.3 Vietnam Herbicides Market - Industry Life Cycle

3.4 Vietnam Herbicides Market - Porter's Five Forces

3.5 Vietnam Herbicides Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Vietnam Herbicides Market Revenues & Volume Share, By Crop Type, 2021 & 2031F

3.7 Vietnam Herbicides Market Revenues & Volume Share, By Mode of Action, 2021 & 2031F

4 Vietnam Herbicides Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for crop protection products due to rising agricultural activities in Vietnam

4.2.2 Government initiatives to promote the use of herbicides for efficient farming practices

4.2.3 Adoption of modern farming techniques and technologies leading to higher herbicide usage

4.3 Market Restraints

4.3.1 Concerns regarding environmental impact and health hazards associated with herbicide usage

4.3.2 Stringent regulations on pesticide residues in agricultural produce

4.3.3 Competition from alternative pest control methods like biological pest control

5 Vietnam Herbicides Market Trends

6 Vietnam Herbicides Market, By Types

6.1 Vietnam Herbicides Market, By Type

6.1.1 Overview and Analysis

6.1.2 Vietnam Herbicides Market Revenues & Volume, By Type, 2021-2031F

6.1.3 Vietnam Herbicides Market Revenues & Volume, By Glyphosate, 2021-2031F

6.1.4 Vietnam Herbicides Market Revenues & Volume, By 2, 2021-2031F

6.1.5 Vietnam Herbicides Market Revenues & Volume, By 4-D, 2021-2031F

6.1.6 Vietnam Herbicides Market Revenues & Volume, By Diquat, 2021-2031F

6.2 Vietnam Herbicides Market, By Crop Type

6.2.1 Overview and Analysis

6.2.2 Vietnam Herbicides Market Revenues & Volume, By Cereals & Grains, 2021-2031F

6.2.3 Vietnam Herbicides Market Revenues & Volume, By Oilseeds & Pulses, 2021-2031F

6.2.4 Vietnam Herbicides Market Revenues & Volume, By Fruits & Vegetables, 2021-2031F

6.3 Vietnam Herbicides Market, By Mode of Action

6.3.1 Overview and Analysis

6.3.2 Vietnam Herbicides Market Revenues & Volume, By Non-selective, 2021-2031F

6.3.3 Vietnam Herbicides Market Revenues & Volume, By Selective, 2021-2031F

7 Vietnam Herbicides Market Import-Export Trade Statistics

7.1 Vietnam Herbicides Market Export to Major Countries

7.2 Vietnam Herbicides Market Imports from Major Countries

8 Vietnam Herbicides Market Key Performance Indicators

8.1 Adoption rate of integrated pest management practices among farmers

8.2 Rate of adoption of herbicide-tolerant crop varieties in Vietnam

8.3 Investment in research and development for developing safer and more effective herbicides

9 Vietnam Herbicides Market - Opportunity Assessment

9.1 Vietnam Herbicides Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Vietnam Herbicides Market Opportunity Assessment, By Crop Type, 2021 & 2031F

9.3 Vietnam Herbicides Market Opportunity Assessment, By Mode of Action, 2021 & 2031F

10 Vietnam Herbicides Market - Competitive Landscape

10.1 Vietnam Herbicides Market Revenue Share, By Companies, 2024

10.2 Vietnam Herbicides Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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