Press release
Glyphosate Industry to Achieve $16.75 Billion Growth by 2029
Glyphosate Market
How Will the Glyphosate Market Grow by 2025 in Terms of Size and Growth?
The glyphosate market has seen significant growth in the past few years. It's projected to increase from a value of $10.92 billion in 2024 to $11.8 billion in 2025, with a compound annual growth rate (CAGR) of 8.0%. This growth during the historical period is largely due to the initiation of genetically modified (GM) crops, enhancements in agricultural productivity, the emergence of no-till farming practices, the worldwide expansion of agriculture, and the cost-efficiency and flexibility of the product.
What Are the Estimated Growth Rates for the Glyphosate Industry Through 2029?
In the coming years, the glyphosate market is projected to experience robust expansion, reaching $16.75 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 9.2%. The likely growth during the forecast period is due to factors such as the development of alternative ways to control weeds, stricter regulations and environmental worries, the escalating use of precision agriculture, a transition to more sustainable farming practices, and shifts in public awareness and consumer preferences. Key trends during this period are expected to be technological advancements in herbicides, movement towards sustainable farming, strategies for dealing with resistance, an increase in the adoption of Genetically Modified (GM) crops, as well as regulatory oversight and prohibitions.
Explore The Complete Report Now:
https://www.thebusinessresearchcompany.com/report/glyphosate-global-market-report
What Are the Strategic Drivers Boosting Glyphosate Market Performance?
The glyphosate market is expected to flourish due to the increasing requirement for fertilizers. The escalating global populace necessitates increased food, water, and agricultural supplies. Farmers are adapting to contemporary farming methods in order to heighten crop yield and optimize revenue. Farmers are also maximizing the utilization of fertilizers to accelerate crop growth and provide protection. For instance, the International Fertilizer Association, based in Paris, predicted a global fertilizer consumption resurgence of 4% in 2023, amounting to 192.5 million metric tons (mmt). This surge in fertilizer requirements is anticipated to stimulate the glyphosate market.
Get Free Sample Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5665&type=smp
What Are the Segments in the Glyphosate Market?
The glyphosate market covered in this report is segmented -
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, Other Applications
Subsegments:
1) By Genetically Modified Crops: Herbicide-Tolerant Soybeans, Herbicide-Tolerant Corn, Herbicide-Tolerant Cotton
2) By Conventional Crops: Wheat, Barley, Fruits and Vegetables
What Are the Key Adoption Trends in the Glyphosate Market?
Major firms in the glyphosate market are actively engaging in strategic partnerships with the aim of investing in innovative technologies and broadening the range of options available to farmers. This approach entails companies drawing on each other's assets and capabilities to reap mutual advantages and attain success. As an illustration, in August 2022, Corteva Agriscience, a worldwide agronomy firm based in the US addressing agro-based issues, entered into a collaboration with BASF SE. BASF SE is a multinational chemical corporation based in Germany, supplying chemicals and crop protection products. The aim of this partnership is the development of herbicide-resistant soybeans and corresponding herbicides for North American farmers and beyond. The partnership includes traits enabling tolerance to BASF's Liberty and PPO blocking herbicides, as well as Corteva's Enlist herbicides, glyphosate, and a new herbicide mechanism currently in BASF's research pipeline.
Customize Your Insights And Get The Full Report Here:
https://www.thebusinessresearchcompany.com/customise?id=5665&type=smp
Which Companies Lead the Competitive Landscape of the Glyphosate Industry?
Major companies operating in the glyphosate market include Sinochem Corporation Limited, BASF SE, Dow AgroSciences LLC, Syngenta Group AG, Bayer CropScience AG, Corteva Agriscience LLC, UPL Limited, Food Machinery and Chemical Corporation, Adama Agricultural Solutions Ltd., Luxi Chemical Group Co. Ltd., Nufarm Limited, Zhejiang XinAn Chemical Industrial Group Co. Ltd., Wynca Group Limited, King Quenson Industry Co. Ltd., Hubei Sanjiang Fine Chemical Co. Ltd., Nantong Jiangshan Agrochemical & Chemicals Co. Ltd., Anhui Huaxing Chemical Industry Co. Ltd., Fuhua Group Co. Ltd., American Vanguard Corporation, Jiangsu Good Harvest-Weien Agrochemical Co. Ltd., Excel Crop Care Limited, Willowood Industries Limited, Jiangsu Xinyu Agrochemical Co. Ltd., Anhui Zhongnong Chemical Co. Ltd., Sinoharvest Corporation, Shandong Lvye Chemical Co. Ltd., Shandong Lianfeng Pesticide Co. Ltd., Henan Yuxing Agrochemical Co. Ltd., Jiangsu Huaxing Chemical Co. Ltd., Shandong Shuangfeng Chemical Co. Ltd.
Where Are the Key Glyphosate Market Opportunities by Region?
Asia-Pacific was the largest region in the glyphosate market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the glyphosate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Glyphosate Industry to Achieve $16.75 Billion Growth by 2029 here
News-ID: 4167656 • Views: …
More Releases from The Business Research Company
Global Fuel Cell Vehicle Market Worth $14.81 Billion by 2029, Growing at 46.4% C …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Fuel Cell Vehicle Market Outlook: What Size And CAGR Are Anticipated By 2025?
In the past few years, the fuel cell vehicle market has witnessed a significant expansion. The figures are projected to increase from $2.15 billion in 2024 to about $3.23 billion by 2025, with a compound annual growth…
Driver Assistance Systems For Locomotives Market to Grow at 4.6% CAGR, Reaching …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Driver Assistance Systems For Locomotives Market Outlook: How is the Market Expected to Grow by 2025?
The market size for driver assistance systems in locomotives has seen robust growth over the past few years. The market, which stands at $9.11 billion in 2024, is predicted to expand to $9.35 billion…
Yacht Industry Expected to Reach $10.79 Billion by 2029 at 3.5% CAGR
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
Yacht Market Value Projection: How Much Will the Market Size by 2025?
Over the past few years, there has been a consistent expansion in the yacht market. It is projected to escalate from $9.06 billion in 2024 to $9.41 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 3.8%.…
Global Brake Hoses Market Size, Share, and Forecast Analysis 2025-2029
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
What Are the Brake Hoses Market Size Forecast for 2025?
In recent times, there has been a consistent growth in the market size of brake hoses. The market is expected to expand from a size of $18.07 billion in 2024 to a value of $18.91 billion in 2025, registering a…
More Releases for Glyphosate
Glyphosate Market Study Analysis with Forecast to 2031
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Glyphosate Market- (By Crop Type (Genetically Modified Crop, Conventional Crop), By Application (Agriculture, Household, Industrial, Others), By Function (Weed Management Solution, Improve Soil Health, Improved Planting Efficiency, Others)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."
According to the latest research by InsightAce Analytic, the Global Glyphosate Market is valued at US$ 10.66 Bn in…
Glyphosate Market Size, Share | Forecast 2032
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲: Glyphosate Market was valued at USD 7.96 Billion in 2019 and is projected to reach USD 12.29 Billion by 2027, growing at a CAGR of 6.01% from 2020 to 2027
Market Overview for Glyphosate Market
Glyphosate Market OverviewThe global glyphosate market is experiencing significant growth due to its widespread use as a broad-spectrum herbicide in agriculture. Glyphosate's effectiveness in controlling a wide variety of weeds, combined with the increasing…
Glyphosate Market Opportunities, Business Forecast To 2029
The global glyphosate market size was valued at USD 10,873.2 million in 2022 and is expected to grow at a 6.1% CAGR from 2023 to 2029. The primary drivers of the expansion of the global glyphosate market include the increasing demand for glyphosate in agriculture and growing preference of glyphosate to protect fertility, water quality and soil erosion. In addition, growing modern agriculture practices is expected to boost the growth…
Glyphosate Market by Top Service Providers Analysis
The Glyphosate market research examines the market prospects by examining historical data, estimating data for 2019, and projecting data through the year 2029. Data in terms of value (US dollars) and volume are both included in the market study (MT). The macroeconomic prognosis, the global biological pesticide industry outlook, and the anticipated factors are all covered in the market outlook of the glyphosate market research.
Need More Insights on Competitor Analysis…
Glyphosate Market || Future Growth Prospects To 2030
Prophecy Market Insights has recently published the Glyphosate informational report which will help retailers, manufacturers, and distributors to understand and realize the market drivers, restraints, and opportunities to generate revenue, and trends that are instrumental in shaping the target market and its revenue. This Glyphosate market report states the overview, historical data along with size, share, growth, demand, and revenue of the global industry. The report analyses the attractive opportunities…
Glyphosate-trimesium: Global Product Intelligence (2015-2020)
ReportsWorldwide has announced the addition of a new report title Glyphosate-trimesium: Global Product Intelligence (2015-2020) to its growing collection of premium market research reports.
The report “Glyphosate-trimesium: Global Product Intelligence” provides market intelligence on the different market segments, based on type, application, and geography. Market size and forecast (2011-2020) has been provided in the report. The primary objectives of this report
The report “Glyphosate-trimesium: Global Product Intelligence (2015-2020)” provides…
