Glyphosate Market - Forecast (2020-2025)

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Glyphosate MarketMarket size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2022-2027
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• Glyphosate Market size is forecast to reach the
  market size of 6.28 billion by 2025, after
  growing at a CAGR of 6.67 during 2020-2025.
• With the region growing under herbicide-tolerant
  crops and more and more countries accepting plant
  herbicide-tolerance technologies, the glyphosate
  industry is expected to expand inorganically with
  accelerated farmer acceptance.
• Concerns about the environmental hazards persist
  in developed markets, however due to the lack of
  development of effective substitutes to
  glyphosate the demand is not predicted to drop.

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• Key Takeaways
• In 2018, organic crops led the global market
  volume glyphosate is used two or three weeks
  before crops like maize, sorghum, sunflower, etc.
  are sown. It tends to significantly reduce
  tillage along with successful weed control.
• Over the forecast period, GM crops are expected
  to experience high growth, primarily as a result
  of increasing adoption in Latin America, China
  and India.
• Participants in the major industry are Monsanto,
  Syngenta, Nufarm, Dow AgroSciences and DuPont.
  Other companies include, for the most part, BASF,
  Bayer and a large number of Chinese producers.

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• By Crop Type - Segment Analysis
•  
• The use of GM crops is expected to experience the
  highest growth by 2024.
• Increasing consumer awareness of the effects of
  genetically-modified crops and the minimal impact
  of the seed on the plant would raise the demand
  for the product.
• A large proportion of genetically engineered
  crops were designed to be glyphosate-resistant
  herbicide in order to use herbicide to destroy
  the weeds around the plant.

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• Market Landscape
• Anhui Huaxing Chemical Industry Company Ltd.
• BASF Corporation
• Bayer Cropscience Ltd.
• DuPont
• Dow AgroSciences
• FMC Corporation
• Monsanto Company
• Jiangsu Good Harvest-Weien Agrochemical Co. Ltd.
• Nantong Jiangshan Agrochemical Chemicals Co.
  Ltd.

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