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Global Glyphosate Market 2022 | Industry Insights, Size, Share, Segments, Data, And Forecast
Glyphosate Market
The regions covered in the glyphosate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. Among these regions, Asia Pacific accounts for the largest glyphosate market share.
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The glyphosate market consists of sales of herbicide and related products by entities (organizations, sole traders, and partnerships) that are used in the agriculture industry to control weed in a variety of crops such as grains, pulses, cereals, fruits, tubers, vegetables, and other crops. Glyphosate is a low-toxicity, chemical formulation that is effective for weed control. These chemicals are directly sprayed on the leaves that are further absorbed by plants as nutrients.
Key competitors in the glyphosate market include Adama Agricultural Solutions, Bayer CropScience, Nantong Jiangshan Agrochemical & Chemicals, Nufarm, Zhejiang XinAn Chemical Industrial Group Co Ltd., Monsanto India Ltd., Wynca Group, Sinochem, Corteva Agriscience, United Phosphorous Limited, Excel Crop Care Limited, American Vanguard Corporation, King Quenson, Anhui Huaxing Chemical Industry, Fuhua Group, Food Machinery and Chemical Corporation.
The global glyphosate market size is expected to grow from $8.51 billion in 2021 to $8.88 billion in 2022 at a compound annual growth rate (CAGR) of 4.32%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The glyphosates market is expected to reach $10.92 billion in 2026 at a CAGR of 5.32%.
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TBRC's report segments the global glyphosate market:
1) By Crop Type: Genetically Modified Crops, Conventional Crops
2) By Form: Liquid, Dry
3) By Application: Grains and Cereals, Pulses and Oilseeds, Fruits and Vegetables, Commercial Crops, Others
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The Table of Contents includes:
1. Executive Summary
2. Glyphosate Market Characteristics
3. Glyphosate Market Trends And Strategies
4. Impact Of COVID-19 On Glyphosate
5. Glyphosate Market Size And Growth
.....
27. Glyphosate Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Glyphosate Market
29. Glyphosate Market Future Outlook and Potential Analysis
30. Appendix
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