Glyphosate Market Overview

Global Glyphosate Market is projected to reach USD 20.37 billion by 2024 and is expected to register 4.5% CAGR during the forecast period of 2019 to 2024. Glyphosate is an organophosphorus compound, which is extensively used as a crop desiccant and systemic herbicide. It is also used in removing weeds and grasses that hinders the growth of the plants. Glyphosate herbicides substantially help in the conservation of soil quality and resources, restores water quality and aids in the reduction of carbon dioxide emissions. These herbicides are also considered to be the most effective and efficient weed control measure across various agricultural and non-agricultural settings. Glyphosate is extensively used for olive groves, forestry, vineyards, gardens, fruit orchards, rivers, lakes and grass pastures among others. The growing use of genetically modified crops is expected to boost the demand for glyphosate in the assessed period.

Key Players

Some of the prominent players in the global Glyphosate Market Forecast are 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)

Regional Analysis 

The Glyphosate market is segmented across five regions: Europe, Asia Pacific, North America, Latin America, and the Middle East & Africa. Among these, Asia Pacific is expected to be the fastest region in 2016 and is expected to retain its dominance during the forecast period. The growing demand for agricultural produce along with the growing demand for glyphosate for the removal of weed in the agricultural firms is expected to surge the growth of the market during the forecast period. Moreover, the presence of the most populated countries has reduced the availability of arable land which is expected to further fuel the demand for glyphosate.

Segmental Analysis

The global glyphosate market is segmented into crop type, from application and region. Based on crop type, the global market of glyphosate can be segmented into genetically modified crops, conventional crops. Based on form, the market is segregated into liquid form and dry form. Based on application, the market is further segmented into grains & cereals, oilseeds & pulses, fruits & vegetables, weed removal and others. Based on region, the global glyphosate triglycerides market is bifurcated into Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa.

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Glyphosate Market Overview

Global Glyphosate Market is projected to reach USD 20.37 billion by 2024 and is expected to register 4.5% CAGR during the forecast period of 2019 to 2024. Glyphosate is an organophosphorus compound, which is extensively used as a crop desiccant and systemic herbicide. It is also used in removing weeds and grasses that hinders the growth of the plants. Glyphosate herbicides substantially help in the conservation of soil quality and resources, restores water quality and aids in the reduction of carbon dioxide emissions. These herbicides are also considered to be the most effective and efficient weed control measure across various agricultural and non-agricultural settings. Glyphosate is extensively used for olive groves, forestry, vineyards, gardens, fruit orchards, rivers, lakes and grass pastures among others. The growing use of genetically modified crops is expected to boost the demand for glyphosate in the assessed period.

Key Players

Some of the prominent players in the global Glyphosate Market Research are 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)

Regional Analysis 

The Glyphosate market is segmented across five regions: Europe, Asia Pacific, North America, Latin America, and the Middle East & Africa. Among these, Asia Pacific is expected to be the fastest region in 2016 and is expected to retain its dominance during the forecast period. The growing demand for agricultural produce along with the growing demand for glyphosate for the removal of weed in the agricultural firms is expected to surge the growth of the market during the forecast period. Moreover, the presence of the most populated countries has reduced the availability of arable land which is expected to further fuel the demand for glyphosate.

Segmental Analysis

The global glyphosate market is segmented into crop type, from application and region. Based on crop type, the global market of glyphosate can be segmented into genetically modified crops, conventional crops. Based on form, the market is segregated into liquid form and dry form. Based on application, the market is further segmented into grains & cereals, oilseeds & pulses, fruits & vegetables, weed removal and others. Based on region, the global glyphosate triglycerides market is bifurcated into Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa.

Browse complete report now @ https://www.marketresearchfuture.com/reports/glyphosate-market-5740

About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Glyphosate Market Overview

Glyphosate is an organophosphorus compound, which is extensively used as a crop desiccant and systemic herbicide. It is also used in removing weeds and grasses that hinders the growth of the plants. Glyphosate herbicides substantially help in the conservation of soil quality and resources, restores water quality and aids in the reduction of carbon dioxide emissions. These herbicides are also considered to be the most effective and efficient weed control measure across various agricultural and non-agricultural settings. Glyphosate is extensively used for olive groves, forestry, vineyards, gardens, fruit orchards, rivers, lakes and grass pastures among others. The growing use of genetically modified crops is expected to boost the demand for glyphosate in the assessed period.

Key Players

Some of the prominent players in the global Glyphosate Market Share are 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)

Regional Analysis 

The Glyphosate market is segmented across five regions: Europe, Asia Pacific, North America, Latin America, and the Middle East & Africa. Among these, Asia Pacific is expected to be the fastest region in 2016 and is expected to retain its dominance during the forecast period. The growing demand for agricultural produce along with the growing demand for glyphosate for the removal of weed in the agricultural firms is expected to surge the growth of the market during the forecast period. Moreover, the presence of the most populated countries has reduced the availability of arable land which is expected to further fuel the demand for glyphosate.

Segmental Analysis

The global glyphosate market is segmented into crop type, from application and region. Based on crop type, the global market of glyphosate can be segmented into genetically modified crops, conventional crops. Based on form, the market is segregated into liquid form and dry form. Based on application, the market is further segmented into grains & cereals, oilseeds & pulses, fruits & vegetables, weed removal and others. Based on region, the global glyphosate triglycerides market is bifurcated into Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa.

Browse complete report now @ https://www.marketresearchfuture.com/reports/glyphosate-market-5740

About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

09 October 2018, The global Glyphosate Market was valued at around USD 5 billion in 2012. It is likely to reach USD 9 billion over the forecast period (2016-2024). Increasing population and the rise in demand for genetically modified (GM) crops are expected to driver of the glyphosate market.

Increase in crop consumption for biofuels and animal feed can propel market growth in the coming years. Moreover, development in the field of genetically modified crops promoting weed resistance is likely to boost market growth. This product helps farmers in reducing the degree of tillage, further positively affect the market.

Glyphosate is used extensively in gardens and home landscaping. It effectively kills annual and perennial grasses along with dandelions, broadleaf weeds, shrubs, poison ivy, kudzu, and other weeds.

Using this product in a large quantity can lead to an increase in immunity in the weeds. Additionally, it can increase the toxicity related risks can also challenge the growth of the glyphosate industry. The market is bifurcated into applications and regions.

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Applications comprise of conventional crops and genetically modified. The conventional crops segment dominated the demand accounting to over 52% of the total consumption in 2014. However, the genetically modified crop based application can exhibit the highest gain over the forecast period.

Regions are divided into North America, Europe, Asia Pacific, and the RoW (Rest of the World). Asia Pacific held the largest market in 2013. It is expected to continue doing so, over the forecast period, owing to the rapid adoption of the product in countries like India and China.

North America can exhibit substantial growth over the eight years. The growth can be attributed to the awareness of the increase in agricultural yield. However, European glyphosate industry held around 15% of market share in terms of total volume, in 2014. However, it is likely to show less demand due to the unfavorable regulations of the region.

Zhejiang Xinan Chemical Industrial Group Company Limited, Monsanto, BASF SE, and SinoHarvest Corporation are some of the major competitors of the global glyphosate market. Monsanto is leading the worldwide market, owing to the role in the introduction and adoption of crops that are glyphosate-tolerant. The players engage in mergers and acquisitions as a part of their strategic activities.

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