Glyphosate Market Faces Resistance and Regulatory Hurdles While Expanding with Steady 3.5% CAGR

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 2034."

According to the latest research by InsightAce Analytic, the Global Glyphosate Market is valued at USD 8.9 Bn in 2024, and it is expected to reach USD 12.4 Bn by the year 2034, with a CAGR of 3.5% during a forecast period of 2025-2034.

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Glyphosate remains one of the most extensively applied herbicides in modern agriculture, valued for its broad-spectrum efficacy in weed control. Its chemical properties enable efficient absorption through plant foliage, facilitating precise and effective weed management while minimizing application risks. By reducing competition for nutrients, water, and sunlight, glyphosate contributes significantly to improved crop productivity and overall farm efficiency.

The global glyphosate market is expanding, supported by the rising adoption of advanced agricultural technologies. Increasing population pressures are driving heightened demand for food, energy, water, and agricultural commodities, prompting farmers to rely on modern inputs and mechanized systems to maximize yields and profitability. Within this context, glyphosate continues to be a widely preferred solution for weed management, with application levels often reaching permissible thresholds to optimize output.

Nonetheless, the market faces several challenges. The emergence of glyphosate-resistant weed species, coupled with regulatory restrictions on genetically modified crops in certain regions, may impede growth prospects. Additionally, growing concerns regarding potential environmental and health impacts have intensified global scrutiny, which could further influence regulatory decisions and reduce the herbicide's acceptance over the forecast horizon.

List of Prominent Players in the Glyphosate Market:
• Adama Agricultural Solutions Ltd
• American Vanguard Corporation
• Anhui Huaxing Chemical Industry Company
• BASF SE
• Bayer Cropscience AG
• Corteva Agriscience
• Dow AgroSciences Australia Ltd.
• E.I. Du Pont De Nemours & Company
• Excel Crop Care Limited
• HPM Chemicals & Fertilizers Ltd.
• Indofil Industries Ltd.
• Jiangsu Good Harvest-Weien Agrochemical Co., Ltd
• King Quenson Industry Group
• Monsanto Company
• Nantong Jiangshan Agrochemical & Chemical, Inc.
• Nufarm Ltd.
• Sikko Industries Ltd
• Sinochem Corporation
• SinoHarvest
• Syngenta AG
• UPL Limited
• Zhejiang Xinan Chemical Industrial Group Company, Ltd

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Market Dynamics
Drivers:
The global glyphosate market is experiencing steady expansion, primarily driven by its recognition as an effective tool for enhancing soil health and agricultural efficiency. Its widespread application in preserving soil fertility, improving water retention, and reducing erosion positions glyphosate as a preferred alternative to conventional mechanical tillage.

In addition to lowering operational costs, its ability to deliver reliable broad-spectrum weed control contributes to higher crop yields and improved farm profitability. The growing reliance of the agricultural sector on glyphosate to support modern, resource-efficient farming practices is expected to sustain demand over the forecast period.

Challenges:
Despite its widespread adoption, several challenges may restrict market growth. Elevated product costs, shifting regulatory frameworks, and uncertainties in emerging markets-further compounded by global disruptions such as pandemic-related lockdowns-pose considerable barriers. Moreover, concerns arising from toxicological studies, which suggest potential health risks including reproductive issues, liver damage, and congenital anomalies from overexposure, have intensified regulatory and public scrutiny. Broader debates surrounding the use of genetically modified crops also present a challenge to glyphosate adoption in certain regions.

Regional Trends:
The Asia-Pacific region is projected to lead the global glyphosate market in the coming years, supported by rising weed prevalence, the increasing adoption of genetically modified crop varieties, and a steady transition toward mechanized and technology-driven farming. Growing awareness of the risks associated with conventional pesticides is further boosting the adoption of glyphosate-based solutions across the region.

In Europe, the market benefits from policy support for glyphosate use in both agriculture and forestry, combined with strong initiatives aimed at promoting soil conservation and sustainable farming practices. The region's emphasis on agricultural innovation, the presence of prominent industry participants, and collaborative efforts among key stakeholders are expected to foster additional opportunities, reinforcing Europe's strategic importance in the global glyphosate market.

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Recent Developments:
• In March 2022, BASF and Corteva Agriscience agreed to cross-license soybean traits and develop complementary herbicide technologies (including glyphosate tolerance) to enable both companies to offer novel soybean weed management solutions to farmers around the world.
• In Aug 2021, Jiangshan earned the position of the second-largest global supplier of glyphosate subsequent to its acquisition of Fuhua Tongda. Following the conclusion of the acquisition, Jiangshan acquired full ownership of Fuhua Tongda.

Segmentation of 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
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa

Read Overview Report- https://www.insightaceanalytic.com/report/glyphosate-market/2103

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This release was published on openPR.