Press release
Glufosinate Market Size, Growth, Key Players, Latest Insights and Forecast 2025-2033
The glufosinate market is expected to reach USD 5.0 billion by 2033, exhibiting a growth rate (CAGR) of 6.97% during 2025-2033.IMARC Group, a leading market research company, has recently releases report titled "Glufosinate Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033," The study provides a detailed analysis of the industry, including the [https://www.imarcgroup.com/glufosinate-market], share, growth, trends and forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the glufosinate market?
The global glufosinate market size reached USD 2.6 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.0 Billion by 2033, exhibiting a growth rate (CAGR) of 6.97% during 2025-2033.
Factors Affecting the Growth of the Glufosinate Industry:
* Rising Demand for Genetically Modified Crops:
The increasing adoption of genetically modified (GM) crops is one of the major factors driving the market growth. They are engineered to exhibit resistance to various pests, diseases, and environmental conditions, thereby improving yield and productivity. In line with this, the rising modifications in herbicide resistance, which allows farmers to use herbicides like glufosinate without damaging the crops to facilitate more efficient weed control, is acting as a growth-inducing factor. Besides this, the growing population and the corresponding need to enhance food production sustainably, intensifying the focus on GM crops, is boosting the market growth.
* Increasing Efficacy and Broad-Spectrum Action of Glufosinate:
The increasing efficacy and broad-spectrum action of glufosinate against a wide range of weeds are key factors contributing to the market growth. It operates as a non-selective, post-emergent herbicide, effectively controlling annual and perennial grasses and broadleaf weeds. Moreover, glufosinate has a relatively favorable environmental profile compared to some other herbicides, with rapid degradation in soil and low toxicity to non-target organisms. Besides this, the rising product ability to manage herbicide-resistant weed species which helps prevent the spread of resistant weed populations, is anticipated to drive the market growth.
* Expansion of Organic and Specialty Crop Production:
The expansion of organic and specialty crop production is another significant driver fueling the market growth. In line with this, the increasing utilization of glufosinate in the cultivation of specialty crops such as fruits, vegetables, and nuts is creating a positive outlook for the market. These crops require precise weed management to ensure high quality and yield, and the glufosinate's ability to provide effective control without residual soil activity makes it suitable for such applications. Furthermore, the rising consumer demand for high-value crops, driven by increasing health consciousness and disposable incomes, is enhancing the market growth.
Request for a sample copy of this report: https://www.imarcgroup.com/glufosinate-market/requestsample
Glufosinate Market Report Segmentation:
Breakup by Crop Type:
* Cereals and Grains
* Oilseeds and Pulses
* Fruits and Vegetables
* Others
Oilseeds and pulses represented the largest segment due to their extensive cultivation and the high demand for effective weed management solutions in these crops.
Breakup by Formulation Type:
* Aqueous Suspension
* Liquid
* Suspension Concentrate
* Soluble (Liquid) Concentrate
* Others
Soluble (liquid) concentrate accounted for the largest market share due to its ease of application and superior absorption by plants, leading to better weed control.
Breakup by Application:
* Herbicides
* Fungicides
* Desiccant
* Defoliant
* Others
Herbicides represented the largest segment as they are essential for managing weed proliferation, ensuring higher crop yields and productivity.
Breakup By Region:
* North America (United States, Canada)
* Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
* Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
* Latin America (Brazil, Mexico, Others)
* Middle East and Africa
North America's dominance in the glufosinate market is attributed to the widespread adoption of advanced agricultural technologies and genetically modified crops that utilize glufosinate.
Global Glufosinate Market Trends:
The development and adoption of advanced formulation technologies that enhance the herbicide's efficacy and environmental safety are acting as a growth-inducing factor. Additionally, the growing focus on creating glufosinate formulations that are compatible with other agricultural inputs, such as fertilizers and other pesticides, enabling integrated pest and nutrient management systems, is positively impacting the market growth. Moreover, the ongoing trend towards digital agriculture and precision farming that includes global positioning system (GPS)-guided application equipment and drones to allow for more accurate herbicide application and minimize waste and environmental impact while ensuring effective weed control is contributing to the market growth.
Who are the key players operating in the industry?
The report covers the major market players including:
* BASF SE
* DuPont de Nemours Inc.
* Hebei Veyong Bio-Chemical Co. Ltd (Limin Group Co. Ltd.)
* Jiangsu Sevencontinent Green Chemical Company Limited
* LIER Chemical Co. Ltd.
* Nufarm
* SinoHarvest
* UPL Limited
* YongNong BioSciences CO. LTD
Ask Analyst & Browse full report with TOC List of Figures: https://www.imarcgroup.com/request?type=report&id=4189&flag=C
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services.
IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Media Contact
Company Name: IMARC Group
Contact Person: Elena Anderson
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Phone: +1-631-791-1145
Address:134 N 4th St.
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com
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