Glyphosate Market
Chemicals

Global Glyphosate Market Overview And Prospects

Learn about the global glyphosate market through The Business Research Company, which provides information on glyphosate market size, glyphosate market drivers and restraints, glyphosate market players, the COVID-19 impact on the glyphosate market, and more.

 

The global glyphosate market size is expected to grow from $8.51 billion in 2021 to $8.88 billion in 2022 at a compound annual growth rate (CAGR) of 4.32%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The glyphosates market is expected to reach $10.92 billion in 2026 at a CAGR of 5.32%.

 

The increasing demand for fertilizers will propel the growth of the glyphosate market.

 

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The glyphosate market consists of sales of herbicide and related products by entities (organizations, sole traders, and partnerships) that are used in the agriculture industry to control weed in a variety of crops such as grains, pulses, cereals, fruits, tubers, vegetables, and other crops. Glyphosate is a low-toxicity, chemical formulation that is effective for weed control. These chemicals are directly sprayed on the leaves that are further absorbed by plants as nutrients.

 

Global Glyphosate Market Segments Include:

By Crop Type: Genetically Modified Crops, Conventional Crops

By Form: Liquid, Dry

By Application: Grains and Cereals, Pulses and Oilseeds, Fruits and Vegetables, Commercial Crops, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific was the largest region in the glyphosate market in 2021.

 

Genetically engineered herbicide-tolerant crops are increasingly gaining popularity and are a key trend in the glyphosate market. It is used by farmers, to provide a variety of options for effective weed control. The genetically modified herbicide-tolerant crops are designed to tolerate specific broad-spectrum herbicides, which kill the surrounding weeds but leave the cultivated crop intact. Farmers use herbicide-tolerant crops because it simplifies weed control in single-use and prepares the crop in less flexible time.

 

TBRC’s glyphosate market report covers:

Major Market Players: Adama Agricultural Solutions, Bayer CropScience, Nantong Jiangshan Agrochemical & Chemicals, Nufarm, Zhejiang XinAn Chemical Industrial Group Co Ltd., Monsanto India Ltd., Wynca Group, Sinochem, Corteva Agriscience, United Phosphorous Limited, Excel Crop Care Limited, American Vanguard Corporation, King Quenson, Anhui Huaxing Chemical Industry, Fuhua Group, Food Machinery and Chemical Corporation.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

 

The Glyphosate Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides glyphosate market overviews, analyzes and forecasts market size, share, glyphosate market players, glyphosate market segments and geographies, leading competitor revenues, profiles and market shares.

 

TBRC’s glyphosate market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

 

Here Is A List Of Similar Reports From The Business Research Company:

Biopesticides Global Market Report 2022

Crop Protection Chemicals Global Market Report 2022

Herbicides Global Market Report 2021

 

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