Vietnam Herbicide Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029

The Vietnam Herbicide Market is segmented by Application Mode (Chemigation, Foliar, Fumigation, Soil Treatment) and by Crop Type (Commercial Crops, Fruits & Vegetables, Grains & Cereals, Pulses & Oilseeds, Turf & Ornamental). The report offers market size in both market value in USD and market volume in metric ton. Further, the report includes a market split by application mode and crop types.

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Vietnam Herbicide Market Size

Vietnam Herbicide Market Summary
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https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2017 - 2029
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2024) USD 122.29 Million
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2029) USD 155.49 Million
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Application Mode Soil Treatment
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2029) 4.92 %
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Fastest Growing by Application Mode Soil Treatment

Major Players
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*Disclaimer: Major Players sorted in alphabetical order.

Key Players

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Vietnam Herbicide Market Analysis

The Vietnam Herbicide Market size is estimated at 122.29 million USD in 2024, and is expected to reach 155.49 million USD by 2029, growing at a CAGR of 4.92% during the forecast period (2024-2029).

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122.29 Million

Market Size in 2024 (USD)

155.49 Million

Market Size in 2029 (USD)

-6.07 %

CAGR (2017-2023)

4.92 %

CAGR (2024-2029)

Largest Segment by Application Mode

46.45 %

value share, Soil Treatment, 2023

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Soil treatment herbicides offer a convenient and efficient solution by effectively targeting weed roots, leading to their growth disruption and eventual elimination.

Largest Segment by Crop Type

64.74 %

value share, Grains & Cereals, 2023

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Grains and cereals are grown over a larger area than other crops, making them more prone to weed infestations such as barnyard grass, nutsedge, and Leptochloa.

Fastest-Growing Segment by Crop Type

5.13 %

Projected CAGR, Fruits & Vegetables, 2024-2029

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The prevalence of broadleaf weeds is causing significant losses in vegetable crops in the country. Farmers are adopting herbicides to effectively eliminate weeds.

Leading Market Player 1

24.40 %

market share, UPL Limited, 2022

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UPL Limited manufactures a wide range of herbicides based on nine active ingredients, including pretilachlor, metsulfuron methyl, metazosulfuron, quizalopop, and clethodim.

Leading Market Player 2

21.88 %

market share, Bayer AG, 2022

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Bayer partnered with Oerth Bio with the aim of developing next-generation crop protection products based on Oerth Bio's innovative protein degradation technology.

Traditional herbicide soil treatments and their effectiveness in protecting the quality of major crops may raise soil treatment adoption

  • In Vietnam, herbicides are applied through various modes to control weeds in agricultural practices effectively. Farmers can achieve cost savings by utilizing suitable modes of application, allowing them to apply herbicides, effectively covering specific areas, and minimizing wastage. This increased efficiency leads to optimized herbicide usage, resulting in reduced input costs for farmers.
  • In 2022, the dominant mode of herbicide application in agricultural practices was soil application, accounting for 46.3% of the overall herbicide application segment. The grains & cereals segment held the largest market share at 64.7%. The preference for soil treatment herbicides is attributed to their effectiveness in protecting the quality of grains and cereals by preventing or reducing weed growth.
  • In 2022, foliar application was the second leading and held a market share of 33.2% in the segment of herbicide application. This is due to foliar herbicides being beneficial due to their fast-acting properties, which can rapidly disrupt the physiological processes of targeted weeds. This swift action results in symptoms like wilting, yellowing, or necrosis in the weeds. This advantage is valuable when tackling aggressive or competitive weed species that have the potential to rapidly dominate the crops if not effectively controlled.
  • In the Vietnamese agricultural sector, the utilization of herbicides is aimed at maximizing crop productivity and improving overall crop profitability. The mode of application of herbicides is projected to register a CAGR of 4.9% in terms of market share.
Vietnam Herbicide Market

Vietnam Herbicide Market Trends

The adoption of herbicide-tolerant crops with the need to protect the crops from weeds and improve yield is expected to drive the consumption of herbicides

  • The consumption of herbicides in Vietnam witnessed a steady upward trend between 2021 and 2022. This increasing trend can be attributed to various factors, including the adoption of herbicide-tolerant crops, agricultural practices, and strategies employed for weed management. Furthermore, the expansion of genetically modified (GM) crops has contributed to the surge in herbicide usage.
  • The cultivation of genetically modified herbicide-tolerant maize (GM corn) grew on a significant scale in Vietnam. In 2019, farmers in the country cultivated GM corn, specifically herbicide-tolerant maize, on an expansive 92,000 acres of land. This represented an 88% increase in acreage compared to the previous year, 2018. The increased adoption of GM herbicide-tolerant crops was one of the driving factors behind the rise in herbicide consumption in the country between 2018 and 2019.
  • The presence of weeds poses a significant threat to crop yields, causing substantial damage. Consequently, farmers heavily rely on herbicides to regulate weed growth and minimize yield losses. This factor is further expected to bolster the growth of the herbicide market.
  • Furthermore, the persistent and adaptable nature of weeds is expected to necessitate higher rates of herbicide application and the utilization of multiple herbicides with diverse modes of action.
  • Therefore, due to the adoption of herbicide-tolerant crops, including genetically modified varieties, the need to control weeds and minimize yield losses leads to higher application rates and the use of multiple herbicides. These factors are expected to fuel the consumption of herbicides.
Vietnam Herbicide Market

Changing agriculture patterns in Vietnam are leading to soil degradation and high weed infestation

  • Agriculture in the uplands of Vietnam is changing from short cultivation-long fallow periods to short cultivation-short fallow periods or even permanent cropping. Soil degradation and high weed infestation are often the consequences. Rice is the major crop in Vietnam, and barnyard grass (Echinochloa crus-galli) is one of the most devastating weeds in the rice fields. In the Mekong Delta, this weed caused 46% rice yield losses in direct-seeded rice areas in 2021.
  • Metribuzin is a selective and systemic herbicide that is used to control broadleaved weeds in major crops in the country, like corn, sugarcane, potatoes, and tomatoes, by inhibiting photosynthesis. In 2022, it was valued at USD 16.6 thousand per metric ton.
  • In 2022, 2,4-dichlorophenoxyacetic acid (2,4-D), a common systemic herbicide, was valued at USD 2.3 thousand per metric ton in Vietnam. It is used to control broadleaf weeds in turf, lawns, field crops, and fruit and vegetable crops.
  • Similarly, pendimethalin is a selective pre-emergence herbicide valued at USD 3.3 thousand per metric ton in 2022. It has broad-spectrum control of annual grasses and broadleaf weeds in potato, tobacco, sorghum, rice, and sugarcane. Vietnam imported around 3.0 thousand metric tons of pendimethalin from India in 2022.
  • A variety of weather conditions can cause damage and stress to plants and thus be detrimental to plant health as they cannot survive extreme stress. These conditions, including extremes of temperature, humidity, and rain, as well as hail, drought, and typhoons, lead to increased weed growth. This will further lead to increased herbicide demand, thereby inflating the prices of active ingredients in the country.
Vietnam Herbicide Market

OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT

  • The adoption of herbicide-tolerant crops with the need to protect the crops from weeds and improve yield is expected to drive the consumption of herbicides

Vietnam Herbicide Industry Overview

The Vietnam Herbicide Market is fairly consolidated, with the top five companies occupying 69.80%. The major players in this market are Bayer AG, FMC Corporation, Sumitomo Chemical Co. Ltd, Syngenta Group and UPL Limited (sorted alphabetically).

Vietnam Herbicide Market Leaders

  1. Bayer AG

  2. FMC Corporation

  3. Sumitomo Chemical Co. Ltd

  4. Syngenta Group

  5. UPL Limited

Vietnam Herbicide Market Concentration

Other important companies include ADAMA Agricultural Solutions Ltd., BASF SE, Corteva Agriscience, Nufarm Ltd.

*Disclaimer: Major Players sorted in alphabetical order.

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Vietnam Herbicide Market News

  • January 2023: Bayer formed a new partnership with Oerth Bio to enhance crop protection technology and create more eco-friendly crop protection solutions.
  • August 2022: BASF and Corteva Agriscience collaborated to provide soybean farmers with the weed control of the future. By working together, BASF and Corteva aim to satisfy farmers' demand for specialized weed control solutions that are distinct from those that are currently available or being developed.
  • October 2021: By investing in a new chemist's center, ADAMA enhanced its R&D capabilities that are aimed to expand and accelerate its own research and development in the field of plant protection.

Free with this Report

Along with the report, We also offer a comprehensive and exhaustive data pack with 50+ graphs on insecticide, fungicides, and herbicides consumption per hectare and the average price of active ingredients used in insecticides, fungicides, herbicides, nematicides, and molluscicides. The data pack includes Globe, North America, Europe, Asia-Pacific, South America, and Africa.

Vietnam Herbicide Market
Vietnam Herbicide Market
Vietnam Herbicide Market
Vietnam Herbicide Market

Vietnam Herbicide Market Report - Table of Contents

  1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. REPORT OFFERS

  3. 1. INTRODUCTION

    1. 1.1. Study Assumptions & Market Definition

    2. 1.2. Scope of the Study​

    3. 1.3. Research Methodology

  4. 2. KEY INDUSTRY TRENDS

    1. 2.1. Consumption Of Pesticide Per Hectare

    2. 2.2. Pricing Analysis For Active Ingredients

    3. 2.3. Regulatory Framework

      1. 2.3.1. Vietnam

    4. 2.4. Value Chain & Distribution Channel Analysis

  5. 3. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)

    1. 3.1. Application Mode

      1. 3.1.1. Chemigation

      2. 3.1.2. Foliar

      3. 3.1.3. Fumigation

      4. 3.1.4. Soil Treatment

    2. 3.2. Crop Type

      1. 3.2.1. Commercial Crops

      2. 3.2.2. Fruits & Vegetables

      3. 3.2.3. Grains & Cereals

      4. 3.2.4. Pulses & Oilseeds

      5. 3.2.5. Turf & Ornamental

  6. 4. COMPETITIVE LANDSCAPE

    1. 4.1. Key Strategic Moves

    2. 4.2. Market Share Analysis

    3. 4.3. Company Landscape

    4. 4.4. Company Profiles (includes Global level Overview, Market level overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and analysis of Recent Developments)

      1. 4.4.1. ADAMA Agricultural Solutions Ltd.

      2. 4.4.2. BASF SE

      3. 4.4.3. Bayer AG

      4. 4.4.4. Corteva Agriscience

      5. 4.4.5. FMC Corporation

      6. 4.4.6. Nufarm Ltd

      7. 4.4.7. Sumitomo Chemical Co. Ltd

      8. 4.4.8. Syngenta Group

      9. 4.4.9. UPL Limited

  7. 5. KEY STRATEGIC QUESTIONS FOR CROP PROTECTION CHEMICALS CEOS

  8. 6. APPENDIX

    1. 6.1. Global Overview

      1. 6.1.1. Overview

      2. 6.1.2. Porter’s Five Forces Framework

      3. 6.1.3. Global Value Chain Analysis

      4. 6.1.4. Market Dynamics (DROs)

    2. 6.2. Sources & References

    3. 6.3. List of Tables & Figures

    4. 6.4. Primary Insights

    5. 6.5. Data Pack

    6. 6.6. Glossary of Terms

List of Tables & Figures

  1. Figure 1:  
  2. HERBICIDE CONSUMPTION PER HECTARE, GRAMS, VIETNAM, 2017 - 2022
  1. Figure 2:  
  2. ACTIVE INGREDIENT PRICE PER METRIC TON, USD, VIETNAM, 2017 - 2022
  1. Figure 3:  
  2. HERBICIDE VOLUME METRIC TON, VIETNAM, 2017 - 2029
  1. Figure 4:  
  2. HERBICIDE VALUE USD, VIETNAM, 2017 - 2029
  1. Figure 5:  
  2. HERBICIDE MARKET BY APPLICATION MODE, METRIC TON, VIETNAM, 2017 - 2029
  1. Figure 6:  
  2. HERBICIDE MARKET BY APPLICATION MODE, USD, VIETNAM, 2017 - 2029
  1. Figure 7:  
  2. VALUE SHARE OF HERBICIDE BY APPLICATION MODE, %, VIETNAM, 2017 VS 2023 VS 2029
  1. Figure 8:  
  2. VOLUME SHARE OF HERBICIDE BY APPLICATION MODE, %, VIETNAM, 2017 VS 2023 VS 2029
  1. Figure 9:  
  2. CROP PROTECTION CHEMICALS APPLIED THROUGH CHEMIGATION, METRIC TON, VIETNAM, 2017 - 2029
  1. Figure 10:  
  2. CROP PROTECTION CHEMICALS APPLIED THROUGH CHEMIGATION, USD, VIETNAM, 2017 - 2029
  1. Figure 11:  
  2. VALUE SHARE OF CHEMIGATION BY CROP TYPE, %, VIETNAM, 2022 VS 2029
  1. Figure 12:  
  2. CROP PROTECTION CHEMICALS APPLIED THROUGH FOLIAR, METRIC TON, VIETNAM, 2017 - 2029
  1. Figure 13:  
  2. CROP PROTECTION CHEMICALS APPLIED THROUGH FOLIAR, USD, VIETNAM, 2017 - 2029
  1. Figure 14:  
  2. VALUE SHARE OF FOLIAR BY CROP TYPE, %, VIETNAM, 2022 VS 2029
  1. Figure 15:  
  2. CROP PROTECTION CHEMICALS APPLIED THROUGH FUMIGATION, METRIC TON, VIETNAM, 2017 - 2029
  1. Figure 16:  
  2. CROP PROTECTION CHEMICALS APPLIED THROUGH FUMIGATION, USD, VIETNAM, 2017 - 2029
  1. Figure 17:  
  2. VALUE SHARE OF FUMIGATION BY CROP TYPE, %, VIETNAM, 2022 VS 2029
  1. Figure 18:  
  2. CROP PROTECTION CHEMICALS APPLIED THROUGH SOIL TREATMENT, METRIC TON, VIETNAM, 2017 - 2029
  1. Figure 19:  
  2. CROP PROTECTION CHEMICALS APPLIED THROUGH SOIL TREATMENT, USD, VIETNAM, 2017 - 2029
  1. Figure 20:  
  2. VALUE SHARE OF SOIL TREATMENT BY CROP TYPE, %, VIETNAM, 2022 VS 2029
  1. Figure 21:  
  2. HERBICIDE MARKET BY CROP TYPE, METRIC TON, VIETNAM, 2017 - 2029
  1. Figure 22:  
  2. HERBICIDE MARKET BY CROP TYPE, USD, VIETNAM, 2017 - 2029
  1. Figure 23:  
  2. VALUE SHARE OF HERBICIDE BY CROP TYPE, %, VIETNAM, 2017 VS 2023 VS 2029
  1. Figure 24:  
  2. VOLUME SHARE OF HERBICIDE BY CROP TYPE, %, VIETNAM, 2017 VS 2023 VS 2029
  1. Figure 25:  
  2. HERBICIDE CONSUMED BY COMMERCIAL CROPS, METRIC TON, VIETNAM, 2017 - 2029
  1. Figure 26:  
  2. HERBICIDE CONSUMED BY COMMERCIAL CROPS, USD, VIETNAM, 2017 - 2029
  1. Figure 27:  
  2. VALUE SHARE OF COMMERCIAL CROPS BY APPLICATION MODE, %, VIETNAM, 2022 VS 2029
  1. Figure 28:  
  2. HERBICIDE CONSUMED BY FRUITS & VEGETABLES, METRIC TON, VIETNAM, 2017 - 2029
  1. Figure 29:  
  2. HERBICIDE CONSUMED BY FRUITS & VEGETABLES, USD, VIETNAM, 2017 - 2029
  1. Figure 30:  
  2. VALUE SHARE OF FRUITS & VEGETABLES BY APPLICATION MODE, %, VIETNAM, 2022 VS 2029
  1. Figure 31:  
  2. HERBICIDE CONSUMED BY GRAINS & CEREALS, METRIC TON, VIETNAM, 2017 - 2029
  1. Figure 32:  
  2. HERBICIDE CONSUMED BY GRAINS & CEREALS, USD, VIETNAM, 2017 - 2029
  1. Figure 33:  
  2. VALUE SHARE OF GRAINS & CEREALS BY APPLICATION MODE, %, VIETNAM, 2022 VS 2029
  1. Figure 34:  
  2. HERBICIDE CONSUMED BY PULSES & OILSEEDS, METRIC TON, VIETNAM, 2017 - 2029
  1. Figure 35:  
  2. HERBICIDE CONSUMED BY PULSES & OILSEEDS, USD, VIETNAM, 2017 - 2029
  1. Figure 36:  
  2. VALUE SHARE OF PULSES & OILSEEDS BY APPLICATION MODE, %, VIETNAM, 2022 VS 2029
  1. Figure 37:  
  2. HERBICIDE CONSUMED BY TURF & ORNAMENTAL, METRIC TON, VIETNAM, 2017 - 2029
  1. Figure 38:  
  2. HERBICIDE CONSUMED BY TURF & ORNAMENTAL, USD, VIETNAM, 2017 - 2029
  1. Figure 39:  
  2. VALUE SHARE OF TURF & ORNAMENTAL BY APPLICATION MODE, %, VIETNAM, 2022 VS 2029
  1. Figure 40:  
  2. MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, VIETNAM, 2017-2022
  1. Figure 41:  
  2. MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, VIETNAM, 2017-2022
  1. Figure 42:  
  2. MARKET SHARE OF MAJOR PLAYERS, %, VIETNAM 2022

Vietnam Herbicide Industry Segmentation

Chemigation, Foliar, Fumigation, Soil Treatment are covered as segments by Application Mode. Commercial Crops, Fruits & Vegetables, Grains & Cereals, Pulses & Oilseeds, Turf & Ornamental are covered as segments by Crop Type.

  • In Vietnam, herbicides are applied through various modes to control weeds in agricultural practices effectively. Farmers can achieve cost savings by utilizing suitable modes of application, allowing them to apply herbicides, effectively covering specific areas, and minimizing wastage. This increased efficiency leads to optimized herbicide usage, resulting in reduced input costs for farmers.
  • In 2022, the dominant mode of herbicide application in agricultural practices was soil application, accounting for 46.3% of the overall herbicide application segment. The grains & cereals segment held the largest market share at 64.7%. The preference for soil treatment herbicides is attributed to their effectiveness in protecting the quality of grains and cereals by preventing or reducing weed growth.
  • In 2022, foliar application was the second leading and held a market share of 33.2% in the segment of herbicide application. This is due to foliar herbicides being beneficial due to their fast-acting properties, which can rapidly disrupt the physiological processes of targeted weeds. This swift action results in symptoms like wilting, yellowing, or necrosis in the weeds. This advantage is valuable when tackling aggressive or competitive weed species that have the potential to rapidly dominate the crops if not effectively controlled.
  • In the Vietnamese agricultural sector, the utilization of herbicides is aimed at maximizing crop productivity and improving overall crop profitability. The mode of application of herbicides is projected to register a CAGR of 4.9% in terms of market share.
Application Mode
Chemigation
Foliar
Fumigation
Soil Treatment
Crop Type
Commercial Crops
Fruits & Vegetables
Grains & Cereals
Pulses & Oilseeds
Turf & Ornamental
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Market Definition

  • Function - Herbicides are chemicals used to control or prevent weeds from preventing crop growth and yield loss.
  • Application Mode - Foliar, Seed Treatment, Soil Treatment, Chemigation, and Fumigation are the different type of application modes through which crop protection chemicals are applied to the crops.
  • Crop Type - This represents the consumption of crop protection chemicals by Cereals, Pulses, Oilseeds, Fruits, Vegetables, Turf, and Ornamental crops.
Keyword Definition
IWM​ Integrated weed management (IWM) is an approach to incorporate multiple weed control techniques throughout the growing season to give producers the best opportunity to control problematic weeds.​
Host​ Hosts are the plants that form relationships with beneficial microorganisms and help them colonize.​
Pathogen​ A disease-causing organism.​
Herbigation​ Herbigation is an effective method of applying herbicides through irrigation systems.​
Maximum residue levels (MRL)​ Maximum Residue Limit (MRL) is the maximum allowed limit of pesticide residue in food or feed obtained from plants and animals.
IoT​ The Internet of Things (IoT) is a network of interconnected devices that connect and exchange data with other IoT devices and the cloud.​
Herbicide-tolerant varieties (HTVs)​ Herbicide-tolerant varieties are plant species that have been genetically engineered to be resistant to herbicides used on crops.​
Chemigation​ Chemigation is a method of applying pesticides to crops through an irrigation system.​
Crop Protection​ Crop protection is a method of protecting crop yields from different pests, including insects, weeds, plant diseases, and others that cause damage to agricultural crops.​
Seed Treatment​ Seed treatment helps to disinfect seeds or seedlings from seed-borne or soil-borne pests. Crop protection chemicals, such as fungicides, insecticides, or nematicides, are commonly used for seed treatment.
Fumigation​ Fumigation is the application of crop protection chemicals in gaseous form to control pests.
Bait ​A bait is a food or other material used to lure a pest and kill it through various methods, including poisoning.
Contact Fungicide​ Contact pesticides prevent crop contamination and combat fungal pathogens.​ They act on pests (fungi) only when they come in contact with the pests.
Systemic Fungicide​ A systemic fungicide is a compound taken up by a plant and then translocated within the plant, thus protecting the plant from attack by pathogens.​
Mass Drug Administration (MDA)​ Mass drug administration is the strategy to control or eliminate many neglected tropical diseases​.
Mollusks​ Mollusks are pests that feed on crops, causing crop damage and yield loss. Mollusks include octopi, squid, snails, and slugs.
Pre-emergence Herbicide​ Preemergence herbicides are a form of chemical weed control that prevents germinated weed seedlings from becoming established.​
Post-emergence Herbicide​ Postemergence herbicides are applied to the agricultural field to control weeds after emergence (germination) of seeds or seedlings.​
Active Ingredients​ Active ingredients are the chemicals in pesticide products that kill, control, or repel pests.​
United States Department of Agriculture (USDA)​ The Department of Agriculture provides leadership on food, agriculture, natural resources, and related issues​.
Weed Science Society of America (WSSA) ​ The WSSA, a non-profit professional society, promotes research, education, and extension outreach activities related to weeds​.
Suspension concentrate​ Suspension concentrate (SC) is one of the formulations of crop protection chemicals with solid active ingredients dispersed in water.​
Wettable powder​ A wettable powder (WP) is a powder formulation that forms a suspension when mixed with water prior to spraying. ​
Emulsifiable concentrate ​ Emulsifiable concentrate (EC) is a concentrated liquid formulation of pesticide that needs to be diluted with water to create a spray solution.​
Plant-parasitic nematodes ​ Parasitic Nematodes feed on the roots of crops, causing damage to the roots. These damages allow for easy plant infestation by soil-borne pathogens, which results in crop or yield loss.
Australian Weeds Strategy (AWS)​ The Australian Weeds Strategy, owned by the Environment and Invasives Committee, provides national guidance on weed management.​
Weed Science Society of Japan (WSSJ) ​ WSSJ aims to contribute to the prevention of weed damage and the utilization of weed value by providing the chance for research presentation and information exchange.​
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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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Vietnam Herbicide Market Research FAQs

The Vietnam Herbicide Market size is expected to reach USD 122.29 million in 2024 and grow at a CAGR of 4.92% to reach USD 155.49 million by 2029.

In 2024, the Vietnam Herbicide Market size is expected to reach USD 122.29 million.

Bayer AG, FMC Corporation, Sumitomo Chemical Co. Ltd, Syngenta Group and UPL Limited are the major companies operating in the Vietnam Herbicide Market.

In the Vietnam Herbicide Market, the Soil Treatment segment accounts for the largest share by application mode.

In 2024, the Soil Treatment segment accounts for the fastest growing by application mode in the Vietnam Herbicide Market.

In 2023, the Vietnam Herbicide Market size was estimated at 122.29 million. The report covers the Vietnam Herbicide Market historical market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. The report also forecasts the Vietnam Herbicide Market size for years: 2017, 2018, 2019, 2020, 2021, 2022 and 2023.

Vietnam Herbicide Industry Report

Statistics for the 2023 Vietnam Herbicide market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Vietnam Herbicide analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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