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).

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Glyphosate 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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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.

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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.

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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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