Glyphosate Market Size by Deployment, by Applications, by Type, by End-User & by Technology 2032
Glyphosate Market was valued at USD 9.5 Billion in 2022 and is projected to reach USD 12.7 Billion by 2030, growing at a CAGR of 4.2% from 2024 to 2030.
Glyphosate Market Size and Opportunity Analysis
The global glyphosate market was valued at approximately USD 7.9 billion in 2022, and it is projected to grow at a compound annual growth rate (CAGR) of 4.5% from 2023 to 2030. This growth is driven by the increasing adoption of glyphosate-based herbicides in agriculture due to their effectiveness in controlling a wide range of weeds, which enhances crop yield. The market expansion is also supported by advancements in glyphosate formulations and the rising demand for food security. The Asia-Pacific region is anticipated to contribute significantly to market growth, given its large agricultural base and increasing adoption of modern farming techniques. Emerging market opportunities include the adoption of glyphosate in non-traditional regions and its integration into sustainable agricultural practices. The expanding use of glyphosate in genetically modified crops, which are engineered to be glyphosate-resistant, further fuels market prospects. Additionally, increasing investment in research and development for more efficient glyphosate formulations presents potential for market expansion. However, the glyphosate market also faces challenges such as regulatory scrutiny and environmental concerns, which may impact its growth trajectory. Despite these challenges, the overall outlook remains positive, driven by innovation and increasing global food demand.
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Who are the largest Global manufacturers in the Glyphosate industry?
- Monsanto
- Zhejiang Jinfanda Biochemical
- Tongda Agro-Chemical
- Wynca
- Jiangshan Agrochemical & Chemical
- Good Harvest-Weien
- Jiangsu Yangnong Chemical
- Hubei Sanonda
- Rainbow Chemical
- Hengyang Roymaster
- CAC Group
- Huaxing Chemical
- Jingma
- Beier Group
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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What are the factors driving the growth of the Global Glyphosate Market?
Growing demand for below applications around the world has had a direct impact on the growth of the Global Glyphosate Market
- Soluble Liquid Glyphosate Herbicide
- Soluble Powders Glyphosate Herbicide
- Soluble Granules Glyphosate Herbicide
What are the types of Glyphosate available in the Market?
Based on Types the Market is categorized into Below types that held the largest Glyphosate market share In 2023.
- IDA Process
- Glycine Process
Which regions are leading the Global Glyphosate Market?
- Global (United States, Global and Mexico)
- Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia, etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Detailed TOC of Global Glyphosate Market Research Report, 2024-2032
1. Introduction of the Global Glyphosate Market
- Overview of the Market
- Scope of Report
- Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
- Data Mining
- Validation
- Primary Interviews
- List of Data Sources
4. Global Glyphosate Market Outlook
- Overview
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Porters Five Force Model
- Value Chain Analysis
5. Global Glyphosate Market, By Type
6. Global Glyphosate Market, By Application
7. Global Glyphosate Market, By Geography
- Global
- Europe
- Asia Pacific
- Rest of the World
8. Global Glyphosate Market Competitive Landscape
- Overview
- Company Market Ranking
- Key Development Strategies
9. Company Profiles
10. Appendix
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