Glyphosate Market size was valued at USD 10.11 Billion in 2024 and is projected to reach USD 15.28 Billion by 2031, growing at a CAGR of 5.3% from 2024 to 2031.
The key market dynamics that are shaping the glyphosate market include:
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Here is a more detailed regional analysis of the glyphosate market:
The Glyphosate Market is segmented based on Form, Crop Type, Application, and Geography.
Based on Form, the Glyphosate Market is segmented into Dry and Liquid. The liquid segment is estimated to dominate the glyphosate market due to various benefits provided by liquid formulations, including cost-effectiveness, extended shelf life, and simplicity of application by foliar spraying. Liquid glyphosate products are very popular in agricultural activities because they enable improved plant coverage and absorption, which improves weed control performance. As a result, the liquid form is projected to continue to dominate the market as agricultural methods change and demand for efficient herbicides grows.
Based on Crop Type, the Glyphosate Market is segmented into Genetically Modified Crops and Conventional Crops. The genetically modified (GM) crop segment is estimated to dominate the glyphosate market due to the growing use of glyphosate-resistant GM crops such as corn, soybeans, and cotton, which require sophisticated herbicides for successful weed control. As agricultural practices change and the need for high-yield, pest-resistant crops grows, glyphosate’s role in supporting these farming methods becomes increasingly important, cementing its market position in the GM crop segment.
Based on Application, the Glyphosate Market is divided into Agriculture and Non-agriculture. The agriculture segment is estimated to dominate the market over the forecast period owing to the increased production of genetically modified (GM) crops such as soybean, cotton, and corn that are glyphosate-tolerant. The increased demand for effective herbicides to control weeds and boost crop yields has been a major factor in the agriculture segment’s growth.
Based on Geography, the Glyphosate market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The Asia Pacific region is estimated to dominate during the forecasted period owing to the widespread use of herbicide-tolerant crops and the availability of arable land. Because of their large agricultural sectors and growing need for effective weed management solutions, countries like China and India are at the forefront of glyphosate usage. The region’s expansion is further aided by advances in farming practices, such as zero-tillage, which improve glyphosate application effectiveness and overall market potential.
The “Glyphosate Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Bayer Cropscience AG, Syngenta AG, BASF SE, Dow AgroSciences LLC, Nufarm Limited, Monsanto Company, du Pont de Nemours and Company, Jiangsu Good Harvest-Weien Agrochemical Co Ltd., Nantong Jiangshan Agrochemical & Chemicals Co Ltd., and Zhejiang Xinan Chemical Industrial Group.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2021-2031 |
| Base Year | 2024 |
| Forecast Period | 2024-2031 |
| Historical Period | 2021-2023 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Bayer Cropscience AG, Syngenta AG, BASF SE, Dow AgroSciences LLC, Nufarm Limited, Monsanto Company, du Pont de Nemours and Company, Jiangsu Good Harvest-Weien Agrochemical Co Ltd., Nantong Jiangshan Agrochemical & Chemicals Co Ltd., and Zhejiang Xinan Chemical Industrial Group. |
| Segments Covered | By Form, By Crop Type, By Application, and By Geography. |
| Customization Scope | Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
In conclusion, the Glyphosate Market is experiencing sustained growth driven by factors such as increasing adoption of genetically modified (GM) crops, expansion of industrial agriculture, and the need for efficient weed control solutions to maximize crop yields and profitability. Glyphosate’s effectiveness, low cost, and ease of use have made it a staple herbicide in modern agricultural practices, particularly in large-scale farming operations. However, concerns regarding glyphosate’s potential environmental and health impacts, including its classification as a probable carcinogen by some regulatory agencies, have led to regulatory scrutiny, legal challenges, and public debates surrounding its use. Despite these challenges, glyphosate remains one of the most widely used herbicides globally, with ongoing research and development efforts focused on enhancing its safety profile, developing alternative formulations, and exploring integrated weed management strategies. To navigate the evolving regulatory landscape and sustain market growth, glyphosate manufacturers and suppliers need to prioritize transparency, regulatory compliance, and public engagement while exploring opportunities for diversification and innovation in weed management solutions. Strategic investments in sustainable agriculture practices, crop protection technologies, and stakeholder collaboration will be essential for addressing sustainability concerns, maintaining market competitiveness, and ensuring the long-term viability of the Glyphosate Market.
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
• In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.
1. Introduction
· Market Definition
· Market Segmentation
· Research Methodology
2. Executive Summary
· Key Findings
· Market Overview
· Market Highlights
3. Market Overview
· Market Size and Growth Potential
· Market Trends
· Market Drivers
· Market Restraints
· Market Opportunities
· Porter's Five Forces Analysis
4. Glyphosate Market, By Application
• Herbicide
• Desiccant
5. Glyphosate Market, By Crop Type
• Genetically Modified (GM) Crops
• Non-GMO Crops
6. Glyphosate Market, By Formulation
• Liquid Formulations
• Solid Formulations
7. Regional Analysis
· North America
· United States
· Canada
· Mexico
· Europe
· United Kingdom
· Germany
· France
· Italy
· Asia-Pacific
· China
· Japan
· India
· Australia
· Latin America
· Brazil
· Argentina
· Chile
· Middle East and Africa
· South Africa
· Saudi Arabia
· UAE
8. Market Dynamics
· Market Drivers
· Market Restraints
· Market Opportunities
· Impact of COVID-19 on the Market
9. Competitive Landscape
· Key Players
· Market Share Analysis
10. Company Profiles
• Bayer Cropscience AG
• Syngenta AG
• BASF SE
• Dow AgroSciences LLC
• Nufarm Limited
• Monsanto Company
• E. I. du Pont de Nemours and Company
• Jiangsu Good Harvest-Weien Agrochemical Co Ltd
• Nantong Jiangshan Agrochemical & Chemicals Co Ltd
• Zhejiang Xinan Chemical Industrial Group Co Ltd
11. Market Outlook and Opportunities
• Emerging Technologies
• Future Market Trends
• Investment Opportunities
12. Appendix
• List of Abbreviations
• Sources and References
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