Glyphosate is a farmer-friendly herbicide that is applied to the leaves of plants to kill both broadleaf plants and grasses. The sodium salt form of glyphosate regulates plant growth and ripens fruit. The properties such as disease resistance and increased yield allow farmers to generate high-profit margins and reduce the overall input costs. Moreover, it also helps farmers in weed control and reducing the degree of tillage.MARKET DYNAMICS
Rising demand for genetically modified (GM) crops is the major factor driving the growth of global glyphosate market. Also, factors such as increasing population, increased crop consumption in animal feed, and biofuels have stimulated the growth of GM crops. However, increased immunity in weeds against glyphosate as a result of its usage as broad-spectrum herbicides presents a considerable challenge to market participants. Despite this, continual modifications and developments in the field of glyphosate-tolerant genetically modified crops to promote weed resistance properties and reduce toxicity which is expected to provide significant growth opportunity for the global glyphosate market.MARKET SCOPE
The "Global Glyphosate Market Analysis to 2027" is a specialized and in-depth study of the Chemical and Material industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the Glyphosate market with detailed market segmentation by crop type, form, application and geography. The global Glyphosate market is expected to witness high growth during the forecast period. The report provides focal statistics on the market status of the leading Glyphosate market players and offers significant trends and opportunities in the market. MARKET SEGMENTATION
The Global Glyphosate market is segmented by crop type, form, and application. On the basis of crop type, the market is segmented as genetically modified or GM crops and conventional crops By form, the market is segmented as liquid and dry. And on the basis of application, the market is distributed into agricultural (Grains & Cereals, Oilseeds & Pulses, Fruits & Vegetables) and Non Agricultural market.REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Glyphosate market based on respective segments. It also includes market size and forecast estimates from the year 2018 to 2027 across five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Glyphosate market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Glyphosate market from both demand and supply side and further evaluates market dynamics i.e., drivers, restraints, opportunities, and future trend influencing the market during the forecast period. Besides, it also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Glyphosate in these regions.MARKET PLAYERS
The reports cover key developments in the Glyphosate market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from Glyphosate market are anticipated to lucrative growth opportunities in the future with the rising demand for Glyphosate in the global market. Below mentioned is the list of few companies engaged in the Glyphosate market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Glyphosate market. Also, the study focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the significant developments in the past five years.
- Anhui Huaxing Chemical Industry Co., Ltd.
- BASF SE
- Bayer AG Crop Science Division
- Dow AgroSciences
- Jiangsu Good Harvest-Weien Agrochemical Co., Ltd.
- Nufarm Limited
- Zhejiang Xinan Chemical Industrial Group Co., Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.