In 2023, the herbicides market in Turkey stood at 13.871 million kilograms. Sales are forecasted to rise steadily over the next five years, reaching 15.902 million kilograms by 2028. Year-on-year percentage variations are 2.93% in 2024, 2.92% in 2025, 2.82% in 2026, 2.71% in 2027, and 2.61% in 2028. The compound annual growth rate (CAGR) over this period is 2.80%.
Future trends to watch for include:
- Increased adoption of sustainable and eco-friendly herbicides, driven by regulatory changes and rising environmental awareness.
- Technological advancements and precision agriculture could boost efficiency and reduce overall herbicide usage.
- Market consolidation and strategic partnerships among key players to expand product portfolios and market reach.