Glyphosate Market Synopsis

Glyphosate Market Size Was Valued at USD 10.42 Billion in 2023, and is Projected to Reach USD 18.38 Billion by 2032, Growing at a CAGR of 6.51% From 2024-2032.

Glyphosate is a chemical substance contained in Plant Protection Products (‘pesticide’) that are used in agriculture and horticulture as an herbicide to control undesired plants (‘weeds’) and is one of the most used and the most extensively studied pesticides in the world.

• The primary effects following ingestion include mucous membrane irritation, abdominal pain, vomiting, diarrhoea, hypotension, oliguria, and anuria. Oesophageal and gastric erosions have occurred after ingestion of concentrated solutions (41% glyphosate). In fatal cases, hypovolemic shock, cardiac arrhythmias, metabolic acidosis, and pulmonary oedema have been reported. However, glyphosate has relatively low toxicity, with mortality rates of only 17% in suicidal cases. Ingestions of 150 ml or less have not resulted in deaths.
• Glyphosate is the world’s best-selling chemical herbicide. Glyphosate-containing herbicides, such as Monsanto’s Roundup, are the most widely used herbicides in Europe and are applied in farming, forestry, parks, public spaces and gardens. Glyphosate-containing herbicides are also crucial to the production of genetically modified herbicide resistant crops.
• In recent years a number of scientific studies have raised concerns about glyphosate’s safety and there have been calls for glyphosate-containing herbicides to be banned. New research by Friends of the Earth has detected glyphosate residues in the urine of 44 percent of people tested, from 18 different European countries.

Glyphosate Market Trend Analysis

Widespread Use in Agriculture

• Glyphosate's broad utilize in horticulture is driven by its viability as an herbicide and its wide range of weed control. As one of the foremost commonly utilized herbicides all inclusive, glyphosate plays a significant part within the development of major crops such as corn, soybeans, cotton, and canola. Its capacity to effectively target and dispose of a wide extend of weed species without hurting the crops themselves makes it a priceless apparatus for ranchers.
• This flexibility not as it were streamlines weed administration but moreover makes a difference increment edit yields and decrease the require for different herbicide applications. The combination of viability, ease of utilize, and the capacity to coordinated with hereditarily adjusted crops safe to glyphosate contributes to its persevering ubiquity and drives steady request over the rural segment.

Opportunity

Development of Alternative Products

• The challenges related with glyphosate, counting expanding weed resistance and increased administrative investigation, make a critical opportunity for the advancement of elective herbicide items. As glyphosate faces developing concerns over its natural and wellbeing impacts, companies have a chance to enhance by making modern herbicides that offer moved forward adequacy, decreased natural impressions, or improved security profiles. These advancements seem incorporate definitions that target particular weed species more accurately, utilize elective dynamic fixings, or coordinated maintainable hones to play down environmental hurt.
• By tending to these challenges and creating arrangements that adjust with advancing administrative guidelines and buyer preferences, companies can separate themselves within the showcase. This proactive approach not as it were positions them as pioneers in dependable herbicide improvement but moreover empowers them to capture advertise share from a section progressively looking for more secure and more economical agrarian arrangements.

Glyphosate Market Segment Analysis:

Glyphosate market is segmented on the basis of Type, Application.

By Type, GM Crops Segment Is Expected to Dominate the Market During the Forecast Period

• Within the glyphosate showcase, GM Crops (genetically modified crops) are the prevailing sort. This dominance is essentially due to the broad appropriation of GM crops that are designed to be safe to glyphosate, such as Roundup Prepared assortments. These hereditarily adjusted crops permit ranchers to apply glyphosate for compelling weed control without harming the crops themselves, essentially streamlining weed administration and upgrading rural efficiency. The integration of glyphosate-resistant GM crops into cultivating hones has driven to a high demand for glyphosate, because it gets to be the favored herbicide for overseeing weeds in these crops.
• The far reaching utilize of GM crops in major rural locales, especially in North America and parts of South America, fortifies the dominance of glyphosate in these markets. In differentiate, non-GM crops regularly require a broader run of weed control strategies, making glyphosate less central to their administration and lessening its dominance in these zones.

By Application, Commercial Crops Segment Held the Largest Share In 2023

• Within the glyphosate showcase, the Commercial Crops application section is the foremost prevailing. This dominance is driven by the broad utilize of glyphosate within the development of major commercial crops such as soybeans, corn, cotton, and canola. These crops advantage essentially from glyphosate's broad-spectrum weed control, which makes a difference in overseeing the thick weed populaces that can something else compete with crops for supplements, water, and light. Glyphosate's adequacy in guaranteeing tall trim yields and its integration with hereditarily adjusted crops safe to the herbicide encourage improve it utilize in commercial edit generation. This sector's dependence on glyphosate for keeping up edit wellbeing and maximizing efficiency makes it the driving application range for the herbicide, outpacing it utilize in grains and cereals, beats and oilseeds, natural products and vegetables, and other categories.

Glyphosate Market Regional Insights:

Asia Pacific is Expected to Dominate the Market Over the Forecast Period

• The Asia-Pacific region, particularly China and India, dominates the global glyphosate market. This dominance is primarily due to the region's large agricultural sector, which requires extensive weed control solutions to support high crop yields. China is a major producer of glyphosate, with several domestic companies manufacturing the herbicide, benefiting from lower production costs and substantial local demand.
• Additionally, the rapid growth of agricultural activities and increased adoption of modern farming practices in countries like India drive the demand for glyphosate. The region's significant investment in agricultural technology and infrastructure further enhances its role in the global glyphosate market.

Glyphosate Market Active Players

• Bayer AG (Germany)
• Corteva Agriscience (USA)
• Syngenta AG (Switzerland)
• BASF SE (Germany)
• Monsanto Company (now part of Bayer AG) (USA)
• FMC Corporation (USA)
• Nufarm Limited (Australia)
• Adama Agricultural Solutions Ltd. (Israel)
• Sumitomo Chemical Co., Ltd. (Japan)
• UPL Limited (India)
• Dow AgroSciences LLC (USA)
• China National Chemical Corporation (ChemChina) (China)
• China Petroleum & Chemical Corporation (Sinopec) (China)
• Shandong Weifang Rainbow Chemical Co., Ltd. (China)
• Hebei Veyong Bio-Chemical Co., Ltd. (China)
• Jiangsu Yangnong Chemical Co., Ltd. (China)
• Hubei Sanonda Co., Ltd. (China)
• Yancheng City Kemin Chemicals Co., Ltd. (China)
• Kumiai Chemical Industry Co., Ltd. (Japan)
• Jiangsu Fengshan Group Co., Ltd. (China)
• Wynca Chemical Group Co., Ltd. (China)
• Agrobs GmbH (Germany)
• Arysta LifeScience Corporation (now part of UPL Limited) (USA)
• Tianjin Zhongxin Chemical Group Ltd. (China)
• Anhui Huaxing Chemical Industry Co., Ltd. (China) and other active players

1. INTRODUCTION
   1. RESEARCH OBJECTIVES
   2. RESEARCH METHODOLOGY
   3. RESEARCH PROCESS
   4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
   5. MARKET SEGMENTATION
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
4. GROWTH OPPORTUNITIES BY SEGMENT
5. MARKET LANDSCAPE
   1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
   2. INDUSTRY VALUE CHAIN ANALYSIS
   3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   4. MARKET TREND ANALYSIS
   5. REGULATORY LANDSCAPE
   6. PESTLE ANALYSIS
   7. PRICE TREND ANALYSIS
   8. PATENT ANALYSIS
   9. TECHNOLOGY EVALUATION
   10. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
       1. Geopolitical Market Disruptions
       2. Supply Chain Disruptions
       3. Instability in Emerging Markets
   11. ECOSYSTEM
6. GLYPHOSATE MARKET BY TYPE (2017-2032)
   1. GLYPHOSATE MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. GM CROPS
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017-2032F)
      3. Historic And Forecasted Market Size in Volume (2017-2032F)
      4. Key Market Trends, Growth Factors and Opportunities
      5. Geographic Segmentation Analysis
   4. NON-GM CROPS
7. GLYPHOSATE MARKET BY APPLICATION (2017-2032)
   1. GLYPHOSATE MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. GRAINS AND CEREALS
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017-2032F)
      3. Historic And Forecasted Market Size in Volume (2017-2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. PULSES AND OILSEEDS
   5. FRUITS AND VEGETABLES
   6. COMMERCIAL CROPS
   7. OTHERS
8. COMPANY PROFILES AND COMPETITIVE ANALYSIS
   1. COMPETITIVE LANDSCAPE
      1. Competitive Benchmarking
      2. Glyphosate Market Share By Manufacturer (2023)
      3. Industry BCG Matrix
      4. Heat Map Analysis
      5. Mergers & Acquisitions
   2. BAYER AG (GERMANY)
      1. Company Overview
      2. Key Executives
      3. Company Snapshot
      4. Role of the Company in the Market
      5. Sustainability and Social Responsibility
      6. Operating Business Segments
      7. Product Portfolio
      8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
      9. Key Strategic Moves And Recent Developments
      10. SWOT Analysis
   3. CORTEVA AGRISCIENCE (USA)
   4. SYNGENTA AG (SWITZERLAND)
   5. BASF SE (GERMANY)
   6. MONSANTO COMPANY (NOW PART OF BAYER AG) (USA)
   7. FMC CORPORATION (USA)
   8. NUFARM LIMITED (AUSTRALIA)
   9. ADAMA AGRICULTURAL SOLUTIONS LTD. (ISRAEL)
   10. SUMITOMO CHEMICAL CO., LTD. (JAPAN)
   11. UPL LIMITED (INDIA)
   12. DOW AGROSCIENCES LLC (USA)
   13. CHINA NATIONAL CHEMICAL CORPORATION (CHEMCHINA) (CHINA)
   14. CHINA PETROLEUM & CHEMICAL CORPORATION (SINOPEC) (CHINA)
   15. SHANDONG WEIFANG RAINBOW CHEMICAL CO., LTD. (CHINA)
   16. HEBEI VEYONG BIO-CHEMICAL CO., LTD. (CHINA)
   17. JIANGSU YANGNONG CHEMICAL CO., LTD. (CHINA)
   18. HUBEI SANONDA CO., LTD. (CHINA)
   19. YANCHENG CITY KEMIN CHEMICALS CO., LTD. (CHINA)
   20. KUMIAI CHEMICAL INDUSTRY CO., LTD. (JAPAN)
   21. JIANGSU FENGSHAN GROUP CO., LTD. (CHINA)
   22. WYNCA CHEMICAL GROUP CO., LTD. (CHINA)
   23. AGROBS GMBH (GERMANY)
   24. ARYSTA LIFESCIENCE CORPORATION (NOW PART OF UPL LIMITED) (USA)
   25. TIANJIN ZHONGXIN CHEMICAL GROUP LTD. (CHINA)
   26. ANHUI HUAXING CHEMICAL INDUSTRY CO., LTD. (CHINA)
9. GLOBAL GLYPHOSATE MARKET BY REGION
   1. OVERVIEW
   2. NORTH AMERICA
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Type
      4. Historic And Forecasted Market Size By Application
      5. Historic And Forecasted Market Size By Country
         1. USA
         2. Canada
         3. Mexico
   3. EASTERN EUROPE
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
         1. Russia
         2. Bulgaria
         3. The Czech Republic
         4. Hungary
         5. Poland
         6. Romania
         7. Rest Of Eastern Europe
   4. WESTERN EUROPE
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
         1. Germany
         2. United Kingdom
         3. France
         4. The Netherlands
         5. Italy
         6. Spain
         7. Rest Of Western Europe
   5. ASIA PACIFIC
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
         1. China
         2. India
         3. Japan
         4. South Korea
         5. Malaysia
         6. Thailand
         7. Vietnam
         8. The Philippines
         9. Australia
         10. New-Zealand
         11. Rest Of APAC
   6. MIDDLE EAST & AFRICA
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
         1. Turkey
         2. Bahrain
         3. Kuwait
         4. Saudi Arabia
         5. Qatar
         6. UAE
         7. Israel
         8. South Africa
   7. SOUTH AMERICA
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
         1. Brazil
         2. Argentina
         3. Rest of South America
10. INVESTMENT ANALYSIS
11. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies
       1. 1. Thailand
          2. Vietnam
          3. The Philippines
          4. Australia
          5. New-Zealand
          6. Rest Of APAC
    3. MIDDLE EAST & AFRICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Turkey
          2. Bahrain
          3. Kuwait
          4. Saudi Arabia
          5. Qatar
          6. UAE
          7. Israel
          8. South Africa
    4. SOUTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Brazil
          2. Argentina
          3. Rest of South America
12. INVESTMENT ANALYSIS
13. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies