Global Glyphosate Market Surges Amid Growing Demand for High-Efficiency Weed Control and Precision Farming Solutions

Glyphosate Market Size

The global Glyphosate revenue was US$ 4500 million in 2022 and is forecast to a readjusted size of US$ 5286.5 million by 2029 with a CAGR of 2.3% during the forecast period (2023-2029).

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Global Glyphosate key players include Monsanto, Zhejiang Jinfanda Biochemical, Tongda Agro-Chemical, Wynca, etc. Global top four manufacturers hold a share about 45%.

USA is the largest market, with a share about 35%, followed by China, and Europe, both have a share about 25 percent.

In terms of product, IDA Process is the largest segment, with a share over 50%. And in terms of application, the largest application is Soluble Powders (SP) Glyphosate Herbicide, followed by Soluble Liquid(SL) Glyphosate Herbicide, Soluble Granules (SG) Glyphosate Herbicide, etc.

This report focuses on global and India Glyphosate market, also covers the segmentation data of other regions in regional level and county level.

India is now the world's most populous country. According to IMF (its July update to its World Economic Outlook), India's GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.

By Type
• IDA Process
• Glycine Process

By Application
• Soluble Liquid Glyphosate Herbicide
• Soluble Powders Glyphosate Herbicide
• Soluble Granules Glyphosate Herbicide

Key Companies
Monsanto, Zhejiang Jinfanda Biochemical, Tongda Agro-Chemical, Wynca, Jiangshan Agrochemical & Chemical, Good Harvest-Weien, Jiangsu Yangnong Chemical, Hubei Sanonda, Rainbow Chemical, Hengyang Roymaster, CAC Group, Huaxing Chemical, Jingma, Beier Group

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This release was published on openPR.