Global Glyphosate Market
By crop type Conventional Crops, Genetically Modified Crops , By Form Dry, Liquid , By Application Non-Agricultural, Agricultural , By Region North America, South America, Europe, Asia Pacific, Rest of World .
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Market Overview:
The Global Glyphosate Market was valued at USD 6.71 billion in 2016 and is projected to reach USD 11.35 billion by 2025, growing at a CAGR of 6.01% from 2017 to 2025.
Rise in food demand is one of the major factors fueling the glyphosate demand. Weed growth and Plant growth are some of the features enhancing the product demand. This kind of market reduces the farmer’s efforts for tillage. Few industries are coming up with GM seeds which have high yield in less costs, hence more profitable for the farmers. These crops facilitate agricultural growth, and agricultural sustainability.
Market Dynamics:
- Market Drivers
1.1 Cost effective weed control solutions.
1.2 Rise in agricultural and non-agricultural application of Glyphosate.
2. Market Restraints
2.1 Ban production of GM crops.
Market Segmentation:
The Global Glyphosate Market is segmented on the basis of crop type, form, application and region.
1. By Crop Type:
1.1 Conventional Crops
1.2 Genetically Modified Crops
2. By Form:
2.1 Dry
2.2 Liquid
3. By Application:
3.1 Non-Agricultural
3.2 Agricultural
3.2.1 Oilseeds & Pulses
3.2.2 Grains & Cereals
3.2.3 Fruits & Vegetables
3.2.4 Others
4. By Region:
4.1 North America U.S., Canada, Mexico
4.2 Europe Germany, UK, France, Rest of Europe
4.3 Asia Pacific China, India, Japan, Rest of Asia Pacific
4.4 Rest of World
4.5 South America
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The major players in the market are as follows:
- United Phosphorus Limited UPL
2. Zhejiang Xinan Chemical Industrial Group Co.,Ltd
3. Nufarm Limited
4. E.I. Du Pont De Nemours and Company
5. Syngenta AG
6. Monsanto Company
7. The DOW Chemical Company
8. Bayer AG
9. Nantong Jiangshan Agrochemical & Chemical, Inc
10. ADAMA Agricultural Solutions Ltd.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Research Methodology of Planet Market Reports
Research study on the Global Glyphosate Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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