Glyphosate Market, By Crop Type (Genetically Modified Crops and Conventional Crops), By Form (Liquid and Dry), By Application (Agricultural and Non-Agricultural), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030

Glyphosate is an herbicide which is applied to the leaves of crops to kill unwanted weeds and grasses grown with plants. It prevents the crops from producing certain type of protein which is responsible for plant growth. Glyphosate comes in various forms such as acid and several salts which can be solid or an amber coloured liquid. Glyphosate is widely used in agriculture and forestry, lawns and garden, and weeds in industrial areas. Glyphosate Market accounted for US$ 9.36 billion in 2020 and is estimated to be US$ 16.00 billion by 2030 and is anticipated to register a CAGR of 6.1%.

• Increasing demand for genetically engineered crops

Increasing demand for genetically engineered crops has in turn created demand for glyphosate which is a major factor driving growth of the glyphosate market. Rapid growth in modern agricultural developments across the globe is boosting demand for glyphosate and supporting growth of the glyphosate market.

• Increasing technological advancements

In addition, increasing technological advancements in the production process of glyphosate is anticipated to fuel growth of the target market in the near future. However, hazardous effects of glyphosate on environment and individuals across the globe are key restraining factor hampering growth of the target market.

• Strict Government norms

Furthermore, strict government norms towards genetically engineered plants and banned in some regions are a hampering growth of target market.

Glyphosate market has been segmented on the basis of crop type, application, and region.

On the basis of crop type, the target market classified into genetically modified crops and conventional crops. Based on form, the global market is categorized into liquid in dry. Among crop type, genetically modified type is accounts for largest market share in terms of revenue as compared to others. This is owing to genetically modified plant are highly resistant to glyphosate and it recognized as one of the safest available herbicides for genetically modified plants. On the basis of application, the target market is bifurcated into agricultural and non-agricultural. The agriculture application segment is expected to hold highest market share in terms of revenue as compared to other applications over the forecast period.

Regional Insights:

On the basis of region, the glyphosate market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific holds highest market share in terms of revenue and is expected to register lucrative growth over the forecast period. This is owing to increasing modern agricultural activities in countries especially in the India and China in this region. The Latin America expected to register significant growth in the global market in terms of revenue over the forecast period.

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global Automated Border Control market report based on type, technology, application, end-user and region.

Glyphosate Market, By Region:

• North America
  • Middle East & Africa
    • • GCC
      • Israel
      • South Africa
      • Rest of Middle East & Africa
  • Latin America
    • • Brazil
      • Mexico
      • Rest of Latin America
  • Asia Pacific
    • • China
      • India
      • Japan
      • South Korea
      • Rest of Asia Pacific
  • Europe
    • • Germany
      • UK
      • France
      • Russia
      • Italy
      • Rest of Europe
  • • U.S.
    • Canada

The Key players in the glyphosate market include Nantong Jiangshan Agrochemical and Chemicals Co., Ltd., Syngenta AG., Dow AgroSciences LLC., Monsanto Company, E. I. du Pont de Nemours and Company, and Nufarm Ltd., Adama Agricultural Solutions Ltd., UPL Limited, and Zhejiang Xinan Chemical Industrial Group Co., Ltd.

• Nantong Jiangshan Agrochemical and Chemicals Co., Ltd.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Syngenta AG.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
•  Dow AgroSciences LLC.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Monsanto Company
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• E. I. du Pont de Nemours and Company
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Adama Agricultural Solutions Ltd.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• UPL Limited
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Zhejiang Xinan Chemical Industrial Group Co., Ltd.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies