Press release
India And Australia Glyphosate Market Size, Share, Forecast 2023-2029
The india and australia glyphosate market size was valued at USD 879.2 million in 2022 and is poised to grow at a significant CAGR of 5.5% during the forecast period 2023-29. The primary drivers of the expansion of the global India and Australia glyphosate market include the increasing demand for agriculture in country like India and adoption of modern agricultural techniques and practices in this region. Furthermore, growing application of glyphosate in non-agriculture sector is also expected to boost the India & Australia Glyphosate market growth.View the detailed report description here -https://precisionbusinessinsights.com/market-reports/india-and-australia-glyphosate-market
The india and australia glyphosate market is segmented based on crop type, application, function, and geography.
Based on the crop type, the market is segmented into the following:
• Genetically Modified Crop
• Conventional Crop
Based on the application, the market is segmented into the following:
• Agriculture
• Household
• Industrial
• Others
Based on the function, the market is segmented into the following:
• Weed Management Solution
• Improve Soil Health
• Improved Planting Efficiency
• Others
Based on geography, the market is segmented into the following:
• India
• Australia
Based on the crop type, the global India and Australia Glyphosate market is segmented into genetically modified crop and conventional crop. The genetically modified crop segment is expected to account for a larger revenue share in the global India and Australia glyphosate market. The genetically modified crops are resistant to potent herbicides which helps the farmers in controlling the weed growth more efficiently. Increase in production of genetically modified crops like corn, cotton, soybean is expected to boost the growth of India & Australia Glyphosate market in this segment. In addition, evolving agricultural techniques are anticipated to trigger the market growth over the forecast period.
Australia Glyphosate Market
The Australia glyphosate market is expected to increase over the forecast period due to the several market players or manufacturers present in this region. Rapid evolution of agriculture techniques and modern agriculture practices in this region is expected to drive the market growth in this region. in addition, increased focus of key companies in research and development of glyphosate and genetically modified crops is anticipated to fuel the market growth in this region. India Glyphosate market is expected to show a significant growth over the forecast period owing to growing preference for agriculture and growing agriculture exports in this country.
Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players.
The global India and Australia Glyphosate market further reveals that the key players are increasingly adopting strategies such as the launch of newer products, product launches, and long-term alliances to improve market revenue share and gain significant geographic presence across the region.
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Key players profiles in the India and Australia Glyphosate Market report are Rallis India Limited, UPL Limited, Bharat Rasayan Ltd., HPM Chemicals & Fertilizers Ltd., Indofil Industries Ltd., Monsanto Australia Ltd., Nufarm Ltd., Dow AgroSciences Australia Ltd., Cheminova Australia Pty Ltd., Bayer Cropscience Pty Ltd.
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