Market Overview:
Glyphosate
market size is estimated to reach USD 17.5 billion by 2030 at a CAGR of 6.2%
over the forecast period (2022-2030).
The
glyphosate is widely used in cereals & grains, weed removal, oilseed &
pulses, fruits & vegetables among others. The global glyphosate market is spanned
across five regions of the world namely, Europe, Asia Pacific, North America,
Latin America, and the Middle East & Africa. Asia Pacific market is
projected to grow at a rapid pace. The growing demand for agricultural produce
along with the increasing use of glyphosate for removal of weed is expected to
boost the market in this region. Moreover, the changing farming practices in
the region is also expected to affect the market growth positively. South
America is anticipated to be one of the largest markets of glyphosate mainly
driven by Brazil and Argentina. The growing production of genetically modified
crops in the region is expected to drive the growth of the market. Among the
various crop type, genetically modified soya bean is anticipated to be the
largest type during the review period. Europe is expected to show a steady
growth during the forecast period. The growing application in removal of weed
coupled with approval of European Union for the use of glyphosate is expected
to augment the market growth further.
Global glyphosate market share, by region
Segmentation
The
global glyphosate market is segmented into crop type, from application and
region. On the basis of the crop type, the global market of glyphosate can be
segmented into genetically modified crops, conventional crops. On the basis of
the form, the market is segregated into liquid form and dry form. On the basis
of the application, the market is further segmented into grains & cereals,
oilseeds & pulses, fruits & vegetables, weed removal and others. On the
basis of the region, the global glyphosate triglycerides market is segmented
into Asia Pacific, North America, Latin America, Europe, and the Middle East
& Africa.
Key Players
Some
of the prominent players in the global glyphosate market are Monsanto Company
(U.S.), Syngenta AG (Switzerland), Bayer AG (Germany), E.I. Du Pont De Nemours
& Company (U.S.), The Dow chemical company (U.S.), Nufarm Limited
(Australia), Nantong Jiangshan Agrochemical & Chemical, Inc.(China), Adama
Agricultural Solutions Ltd (Israel), UPL Limited (India), and Zhejiang Xinan
Chemical Industrial Group Co., Ltd (China).
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conducts meet with the industry experts and industrial visits for its research
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Contact us:
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North America Glyphosate Market: Navigating the
Landscape of Herbicide Use
Glyphosate,
the active ingredient in many herbicides, has become a cornerstone of weed
control in North America, revolutionizing agricultural practices and
landscapes. However, its widespread use has also sparked debates and
controversies regarding its safety, environmental impact, and regulatory
oversight. As one of the largest markets for glyphosate globally, North
America's approach to glyphosate usage reflects the complex interplay between
agricultural productivity, public health, and environmental stewardship.
The
North America glyphosate market is characterized by
its significant role in modern agriculture, where glyphosate-based herbicides
are widely used to control weeds in various crops, including soybeans, corn,
cotton, and wheat. Glyphosate's efficacy, broad-spectrum activity, and relatively
low cost have made it a popular choice among farmers seeking to manage weed
pressure efficiently. Moreover, the adoption of glyphosate-tolerant genetically
modified (GM) crops, such as Roundup Ready soybeans and corn, has further
driven glyphosate usage in North America.
One
of the primary drivers of the glyphosate market in North America is the
adoption of conservation tillage and no-till farming practices, which rely on
glyphosate for weed control without the need for mechanical cultivation. These
practices help to conserve soil moisture, reduce erosion, and minimize
greenhouse gas emissions, contributing to sustainable agriculture and soil
health. Additionally, glyphosate's role in pre-harvest desiccation of crops
such as wheat and oats facilitates uniform ripening and harvest timing,
improving efficiency and quality.
However,
the North America glyphosate market is not without its challenges and
controversies. Concerns about glyphosate's potential health risks, including
its classification as a probable carcinogen by the International Agency for
Research on Cancer (IARC), have raised public awareness and prompted regulatory
scrutiny. Lawsuits alleging glyphosate's link to cancer and environmental harm
have resulted in significant legal and financial implications for glyphosate
manufacturers, further fueling debates about its safety and regulatory
oversight.
Moreover,
glyphosate's impact on non-target organisms and ecosystems, including
pollinators, aquatic organisms, and soil microorganisms, has raised
environmental concerns and calls for more sustainable weed management
alternatives. Critics argue that excessive reliance on glyphosate can lead to
weed resistance, loss of biodiversity, and disruption of ecosystem services,
highlighting the need for diversified weed control strategies and integrated
pest management approaches.
Key
Players
A
handful of established companies dominate the glyphosate market, controlling
production and distribution. Some prominent names include:
- Monsanto Company (Bayer)
(US/Germany)
- BASF SE (Germany)
- Dow Chemical Company
(DowDuPont) (US)
- Syngenta Group
(Switzerland)
- ChemChina (China)
- Nufarm Limited (Australia)
- ADAMA Agricultural
Solutions Ltd. (Israel)
These
companies invest in research and development, production facilities, and
distribution networks to maintain their market share.
Glyphosate
Market Segment Insights:
The
glyphosate market can be segmented based on application, form, and crop type.
Here's a closer look:
- Application: Glyphosate finds
application in various agricultural settings:
- Pre-emergent weed control: Applied before weeds
germinate, preventing them from establishing.
- Post-emergent weed control: Targets existing
weeds, allowing for targeted control around desirable plants.
- Desiccation: Used to dry out crops
before harvest, facilitating easier harvesting and reducing moisture
content.
- Form: Glyphosate is
available in various forms to suit specific application needs:
- Liquid: This is the most
common form, ideal for spraying and mixing with other herbicides.
- Dry: This form comes as
granules or powder, suitable for broadcasting or targeted application.
- Water-soluble packets: These pre-measured
packets offer convenient application for smaller areas.
- Crop Type: Glyphosate is widely
used across various crops:
- Genetically modified (GM)
crops: Many
GM crops are engineered to be glyphosate-resistant, allowing for easier
weed control without harming the crop itself.
- Conventional crops: Glyphosate is used in
conventional farming practices, but careful application is necessary to
avoid harming the desired plants.
About
US
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. MRFR team have supreme
objective to provide the optimum quality market research and intelligence
services to our clients. Our market research studies by products, services,
technologies, applications, end users, and market players for global, regional,
and country level market segments, enable our clients to see more, know more,
and do more, which help to answer all their most important questions. To stay
updated with technology and work process of the industry, MRFR often plans
conducts meet with the industry experts and industrial visits for its research
analyst members.
Contact
us:
Market
Research Future (part of Wantstats Research and Media Private Limited),
99
Hudson Street,5Th Floor New York 10013, United States of America
Sales: +1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: Sales@marketresearchfuture.com
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