Global glyphosate market expected to reach USD 10.88 billion in 2024, growing at a CAGR of 6.2% between 2018 and 2024. Rising need to control weeds and unwanted plants among farmers to achieve immense yield to satisfy the huge demand for food on a global basis is a prime factor which drives the glyphosate market.
The report of glyphosate market provides the comprehensive glance on the global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue and volume. The study includes major driving forces and restraints for the glyphosate market along with the impact they have on the demand over the forecast period. Furthermore, the study also provides the major avenues of global glyphosate market.
The global glyphosate market study also comprises the detailed value chain analysis for providing a comprehensive view of the market. Moreover, the study also includes Porter’s Five Forces model for glyphosate, to understand the competitive landscape of the global market. The study includes a market attractiveness analysis of all the segments related to the market.
The study provides a significant view of the global glyphosate market by classifying it into application and region segmentation. These segments have been estimated and forecasted with the future and past trends. The major applications in the report have been segmented into conventional crops and genetically modified crops. The regional segmentation includes the Middle East & Africa, Asia Pacific, Europe, Latin America, and North America. Furthermore, it is bifurcated into major countries such as the U.S., UK, Germany, France, China, India, Japan, and Brazil, among others.
Major vendors of global glyphosate market include Monsanto Company, Dow AgroSciences LLC, Nantong Jiangshan Agrochemical & Chemicals Co., Ltd., E. I. du Pont de Nemours & Company, Nufarm Ltd., and Syngenta AG, among others.
This report segments the global glyphosate market as follows:
Global Glyphosate Market: Application Analysis
Global Glyphosate Market: Regional Analysis
List of Figures
1. Market research process
2. Market research methodology
3. Global glyphosate market volume and revenue, 2015 - 2024 (Kilo Tons) (USD Million)
4. Value chain analysis
5. Porter’s five forces analysis
6. Glyphosate: Market attractiveness analysis, by application segment
7. Glyphosate: Market attractiveness analysis, by regional segment
8. Company market share analysis, 2017
9. Global glyphosate market volume share by application, 2017 and 2024
10. Global glyphosate market for conventional crops, 2015 – 2024 (Kilo Tons) (USD Million)
11. Global glyphosate market for genetically modified crops, 2015 – 2024 (Kilo Tons) (USD Million)
12. Global glyphosate market volume share by region, 2017 and 2024
13. North America glyphosate market, 2015 - 2024, (Kilo Tons) (USD Million)
14. U.S. glyphosate market, 2015 - 2024, (Kilo Tons) (USD Million)
15. Europe glyphosate market, 2015 - 2024, (Kilo Tons) (USD Million)
16. UK glyphosate market, 2015 - 2024, (Kilo Tons) (USD Million)
17. France glyphosate market, 2015 - 2024, (Kilo Tons) (USD Million)
18. Germany glyphosate market, 2015 - 2024, (Kilo Tons) (USD Million)
19. Asia Pacific glyphosate market, 2015 - 2024, (Kilo Tons) (USD Million)
20. China glyphosate market, 2015 - 2024, (Kilo Tons) (USD Million)
21. Japan glyphosate market, 2015 - 2024, (Kilo Tons) (USD Million)
22. India glyphosate market, 2015 - 2024, (Kilo Tons) (USD Million)
23. Latin America glyphosate market, 2015 - 2024, (Kilo Tons) (USD Million)
24. Brazil glyphosate market, 2015 - 2024, (Kilo Tons) (USD Million)
25. The Middle East & Africa glyphosate market, 2015 - 2024, (Kilo Tons) (USD Million)
List of Tables
1. Glyphosate market: Market Snapshot
2. Drivers of global glyphosate market: Impact analysis
3. Restraints of global glyphosate market: Impact analysis
4. North America glyphosate market volume, by application , 2015 - 2024 (Kilo Tons)
5. North America glyphosate market revenue, by application, 2015 - 2024 (USD Million)
6. U.S. glyphosate market volume, by application , 2015 - 2024 (Kilo Tons)
7. U.S. glyphosate market revenue, by application, 2015 - 2024 (USD Million)
8. Europe glyphosate market volume, by application, 2015 – 2024 (Kilo Tons)
9. Europe glyphosate market revenue, by application, 2015 – 2024 (USD Million)
10. UK glyphosate market volume, by application , 2015 - 2024 (Kilo Tons)
11. UK glyphosate market revenue, by application, 2015 - 2024 (USD Million)
12. France glyphosate market volume, by application , 2015 - 2024 (Kilo Tons)
13. France glyphosate market revenue, by application, 2015 - 2024 (USD Million)
14. Germany glyphosate market volume, by application , 2015 - 2024 (Kilo Tons)
15. Germany glyphosate market revenue, by application, 2015 - 2024 (USD Million)
16. Asia Pacific glyphosate market volume, by application, 2015 – 2024 ( Kilo Tons)
17. Asia Pacific glyphosate market revenue, by application, 2015 – 2024 (USD Million)
18. China glyphosate market volume, by application , 2015 - 2024 (Kilo Tons)
19. China glyphosate market revenue, by application, 2015 - 2024 (USD Million)
20. Japan glyphosate market volume, by application , 2015 - 2024 (Kilo Tons)
21. Japan glyphosate market revenue, by application, 2015 - 2024 (USD Million)
22. India glyphosate market volume, by application , 2015 - 2024 (Kilo Tons)
23. India glyphosate market revenue, by application, 2015 - 2024 (USD Million)
24. Latin America glyphosate market revenue, by application, 2015 – 2024 (USD Million)
25. Latin America glyphosate market volume, by application, 2015 - 2024 (Kilo Tons)
26. Brazil glyphosate market volume, by application , 2015 - 2024 (Kilo Tons)
27. Brazil glyphosate market revenue, by application, 2015 - 2024 (USD Million)
28. Middle East and Africa glyphosate market volume, by application, 2015 - 2024 (Kilo Tons)
29. The Middle East and Africa glyphosate market revenue, application, 2015 - 2024 (USD Million)
Glyphosate has herbicide properties which are used to destroy or control the unwanted plants present in the agricultural lands. It is used as non-selective herbicides, i.e., total weed killers. It can find a broad spectrum of applications such as to clear waste ground, railway embankments, industrial and construction sites, etc. Glyphosate is one of the most preferred herbicides among farmers. The prime use of glyphosate in the U.S. is done in agriculture and then in home and garden. Moreover, growing demand for glyphosate especially for agricultural purposes across the globe is likely to witness a significant growth over the upcoming years.
The global glyphosate market is primarily driven by growing demand for glyphosate in agricultural applications across the globe. Secondly, growing demand for genetically modified (GM) crops is expected to propel the market size of glyphosate over the coming years. However, stringent rules and regulations on the usage of glyphosate may impede the growth of the market. Nonetheless, immense demand for genetically modified crops especially in emerging countries such as India and China is likely to spur the profit margin of the major players in the glyphosate market during the forthcoming years.
Based on diverse applications, the global glyphosate market is segmented into conventional crops and genetically modified crop applications. Among these two, the conventional crop application segment was leading the global glyphosate market in 2017. However, in order to achieve good yield, the growth of the unwanted weeds and plants in the field should be reduced. Hence, there is a great demand for glyphosate herbicide before sowing the crops. Moreover, genetically modified crops segment is projected to be the fastest growing application within the forecast period owing to the surging adoption rate of GM crops in developing countries such as China, India, and Brazil.
In terms of geographies, Asia Pacific was the largest market for glyphosate in 2017. Surging demand for glyphosate for agricultural purposes is likely to bolster the market growth in the region over the years to come. The Asia Pacific was followed by North America and Europe in the same year. Surging penetration of genetically modified crops is expected to boost the demand for glyphosate globally in the near future. Moreover, Asia Pacific is expected to be the fastest growing market of glyphosate within the forecast period owing to the availability of arable land in countries such as China, India, Korea, Thailand, etc. On the other hand, China is a major consumer and producer of glyphosate in the region and is expected to grow at a significant CAGR within the forecast period.
Some of the major players in the global glyphosate market include Monsanto Company, Dow AgroSciences LLC, Nantong Jiangshan Agrochemical & Chemicals Co., Ltd., E. I. du Pont de Nemours & Company, Nufarm Ltd., Syngenta AG, BASF, Bayer, Monsanto, Zhejiang Xinan Chemical Industrial Group Company, SinoHarvest, and Anhui Huaxing Chemical Industry Company, among others.
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