Glyphosate Market Research Report - Global Forecast till 2030

Global Glyphosate Market Research Report: Information by Application (Agriculture, Household and Industrial), Crop Type (Genetically Modified Crops and Conventional Crops), Form (Dry & Liquid) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2030

ID: MRFR/AGR/4285-HCR | November 2022 | Region: Global | 139 Pages         

Glyphosate Market

Glyphosate Market Size is anticipated to reach USD 17.5 billion by 2030, registering a CAGR of 6.2% during 2022-2030.

Segmentation

By Application Agriculture Household Industrial
By Crop Type Genetically Modified Crops Conventional Crops
By Form Dry Liquid
By Region North America Europe Asia-Pacific Rest of the World

Key Players

  • 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)
  • King Quenson Industry Group (China)

Drivers

  • Increasing cultivation of fruits and vegetables
  • Adoption of advanced farming techniques
  • Rising instances of fungal attacks on crops
  • Low costs associated with the use of fungicides
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Market Scenario


Global Glyphosate Market is projected to reach USD 17.5 billion by 2030 and is expected to register 6.2% CAGR during the forecast period of 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.


Segmentation


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.


Regional Market Summary


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.  


Global Glyphosate Market, by Application



  • Agriculture

    • Cereals & Grains

    • Oilseeds & Pulses

    • Fruits & Vegetables

    • Others



  • Household

  • Industrial


Global Glyphosate Market, by Crop Type



  • Genetically Modified Crops

  • Conventional Crops


Global Glyphosate Market, by Form



  • Dry

  • Liquid


Global Glyphosate Market, by Region



  • North America

    • US

    • Canada

    • Mexico





  • Europe

    • Germany

    • France

    • Italy

    • Spain

    • UK

    • Rest of Europe





  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia and New Zealand

    • Rest of Asia-Pacific





  • Rest of the World (RoW)

    • South America

    • Middle East

    • Africa




Intended Audience



  • Glyphosate manufacturers

  • Herbicide manufacturers

  • Agrochemical manufacturers

  • Dealers and distributors

  • Raw material suppliers and distributors

  • Traders, exporters, and importers



Report Scope:

Report Attribute/Metric Details
  Market Size   USD 17.5 Billion
  CAGR   6.2%
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2020
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Application, Crop Type, Form, and Region
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   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)
  Key Market Opportunities   Trend for precision farming and organic cultivation
  Key Market Drivers   Increasing cultivation of fruits and vegetables, Adoption of advanced farming techniques, Rising instances of fungal attacks on crops, Low costs associated with the use of fungicides


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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.