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Glyphosate Market Forecast, Business Opportunities, Investment Research, Outlook, Region, Report By 2024

Glyphosate Market Overview

Glyphosate is an organophosphorus compound, which is extensively used as a crop desiccant and systemic herbicide. It is also used in removing weeds and grasses that hinders the growth of the plants. Glyphosate herbicides substantially help in the conservation of soil quality and resources, restores water quality and aids in the reduction of carbon dioxide emissions. These herbicides are also considered to be the most effective and efficient weed control measure across various agricultural and non-agricultural settings. Glyphosate is extensively used for olive groves, forestry, vineyards, gardens, fruit orchards, rivers, lakes and grass pastures among others.

Key Players

Some of the prominent players in the global Glyphosate Market Forecast are ADAMA Agricultural Solutions Ltd. (Israel), Bayer Cropscience AG (Germany), DowDupont (US), Nantong Jiangshan Agrochemical & Chemical, Inc (China), BASF SE (Germany), Nufarm Limited (Australia), Corteva Agriscience, Syngenta AG (Switzerland), Zhejiang Xinan Chemical Industrial Group Co.,Ltd (China), UPL Limited (India)

Regional Analysis 

The Glyphosate market is segmented across five regions: Europe, Asia Pacific, North America, Latin America, and the Middle East & Africa. Among these, Asia Pacific is expected to be the fastest region in 2016 and is expected to retain its dominance during the forecast period. The growing demand for agricultural produce along with the growing demand for glyphosate for the removal of weed in the agricultural firms is expected to surge the growth of the market during the forecast period. Moreover, the presence of the most populated countries has reduced the availability of arable land which is expected to further fuel the demand for glyphosate.

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Segmental Analysis

The global glyphosate market is segmented into crop type, from application and region. Based on crop type, the global market of glyphosate can be segmented into genetically modified crops, conventional crops. Based on form, the market is segregated into liquid form and dry form. Based on application, the market is further segmented into grains & cereals, oilseeds & pulses, fruits & vegetables, weed removal and others. Based on region, the global glyphosate triglycerides market is bifurcated into Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa.

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