Glyphosate Market Size is Anticipated to reach USD 17.5 billion by 2030 and is expected to register 6.2% CAGR by 2022 to 2030. 
Glyphosates are pesticides that are used to prevent and control the growth of fungi and spore diseases. These glyphosates can be selective of specific illnesses or against multiple fungal diseases. The increasing cultivation of fruits and vegetables across the globe has boosted the market got glyphosate globally, owing to the high susceptibility of fungal diseases. Adoption of advanced farming techniques, rising instances of fungal attacks on crops, and low costs associated with the use of fungicides as compared to other methods of control have boosted the demand for glyphosate. The trend for precision farming and organic cultivation are creating new growth opportunities for fungicide manufacturers.
The global glyphosate market has been segmented based on application, crop type, form, and region.  By application, the global glyphosate market has been segmented into agriculture, household, and industrial. The agriculture segment is further classified as cereals & grains, oilseeds & pulses, fruits & vegetables, and others.  Based on crop type, the global glyphosate market has been divided into genetically modified crops and conventional crops.  Based on form, the global glyphosate market has been bifurcated into dry and liquid.   The global glyphosate market has been studied with regards to four key regions—North America, Europe, Asia-Pacific, and the rest of the world.  The North American glyphosate market has been categorized into the US, Canada, and Mexico. The European glyphosate market has been divided into Germany, France, Italy, Spain, the UK, and the rest of Europe. The glyphosate market in Asia-Pacific has been segmented into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The glyphosate market in the rest of the world has been segmented into South America, the Middle East, and Africa.
Key Players
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), Excel Crop Care Limited (India), American Vanguard Corporation (US), King Quenson Industry Group (China), and Sinochem Corporation (China)are some of the key players in the global glyphosate market.
Asia-Pacific is expected to dominate the market for glyphosate during the forecast period. The high adoption of modern agriculture practices, high prevalence of weed growth, and adoption of genetically modified crops in the region have contributed to the growth of the market. The region is projected to register the highest CAGR during the forecast period. China, India, and Japan contribute significantly to the increasing demand in Asia-Pacific. North America is the second-largest market for glyphosate. Â
16 November 2023. The Appeal Committee did not deliver an opinion (i.e. there was no qualified majority either in favour or against the Commission's proposal).On 28 November 2023, the European Commission adopted the Implementing Regulation to renew, for 10 years, the approval of glyphosate. This is in line with the EU's legislation which obliges the Commission to adopt an Implementing Regulation when no qualified majority, either in favor or against, is reached in the Standing Committee and in the Appeal Committee, as in the case of glyphosate
Intended Audience
Glyphosate Market Highlights:
Frequently Asked Questions (FAQ) :
Glyphosate market is projected to grow at approximately 6.2% CAGR during the assessment period (2022-2030).
Glyphosate market is estimated to reach a valuation of approx. USD 17.5 billion by the end of 2030.
UPL Limited (India), Bayer Cropscience AG (Germany), American Vanguard Corporation (US), ADAMA Agricultural Solutions Ltd. (Israel), BASF SE (Germany), DowDupont (US), Nantong Jiangshan Agrochemical & Chemical, Inc. (China), Syngenta AG (Switzerland), Corteva Agriscience, Nufarm Limited (Australia), Excel Crop Care Limited (India), Zhejiang Xinan Chemical Industrial Group Co.,Ltd (China), Sinochem Corporation (China), and King Quenson Industry Group (China), are some of the top players operating in the global glyphosate market.
Asia Pacific holds the largest share in the global glyphosate market, followed by North America and Europe, respectively.
Increasing cultivation of fruits and vegetables across the globe and augmenting demand for agrochemicals, are the major tailwinds pushing the growth of the global glyphosate market.
Research Analyst Level II I have about two years of experience working in the consumer goods and retail industries and i am a biotech graduate.a tech-savvy analytically focused professional with a strong capabilities in identification, concept generation, and strategy evaluation. i can produce data-driven solutions while fusing unusual viewpoints with original concepts. i have been extensively working on business case studies, competitive & comparative analyses, and strategic reports. my primary areas of experience include client management, financial analysis, supply chain evaluation, market entry strategy evaluation, and estimating and forecasting market size.
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