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Global Glyphosate Market Production, Consumption, Trade Statistics, and Growth Analysis 2035

Research Nester published a report titled “Global Glyphosate Market
: Demand Analysis & Opportunity Outlook 2035” which delivers detailed overview of the global glyphosate market in terms of market segmentation by crop type, form, application, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The global glyphosate market is anticipated to grow with a CAGR of ~6% during the forecast period, i.e. 2023-2035. The market is segmented by application into agriculture, household, industrial, and others. Out of these, the agriculture segment is attributed to garner the largest market share by 2031. The primary growth factor of the segment is the high employment rate in agriculture sector.

The global glyphosate market is estimated to garner a revenue of ~USD 18 Billion by the end of 2035, up from a revenue of ~USD 10 Billion in 2021. The increasing demand for high-value crops is projected to be the driving factor for the glyphosate market. Key players in the glyphosate market are anticipated to accelerate product development and unlock revenue opportunities to obtain competitive benefits. Further, a healthy growth of the glyphosate market due is expected due to surging demand from the agriculture industry.

Geographically, the global glyphosate market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of these, the market in Asia Pacific region is estimated to garner the largest market share by the end of 2035, on the back of increased demand for food grains by a burgeoning population, expansion in agricultural employment, high disposable income and considerable growth in GDP.

The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa).

In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

Rise in Agriculture Industry to Drive the Market Growth

Owing to a recent increase in awareness of the various benefits of glyphosate, there is an expected increase in demand for and supply of glyphosate all over the world. Also, the increment in production of glyphosate is expected as a result of surging demand for agricultural as well as non-agricultural industries. Besides this, glyphosate has a wide array of applications, including weed control in olive groves, vineyards, fruit orchards, forestry, grass pastures, gardens, parks, and underwater usage in lakes and rivers. The expansion of the global glyphosate market is driven by factors such as increasing demand for better crop yields, the rising global population, and surging demand for fertilizers in emerging countries.

However, the additional expenses incurred in the production process along with the lack of regulatory expenses and harmful effects on the environment are expected to operate as key restraints to the growth of the global glyphosate market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global glyphosate market which includes company profiling of Syngenta Crop Protection, AGBayer AG, DuPont de Nemours, Inc., The Dow Chemical Company, Nufarm Limited, Nantong Jiangshan Agrochemical & Chemicals Limited Liability Co., ADAMA Agricultural Solutions Limited, UPL Limited, India, American Vanguard Corporation, Corteva Agriscience and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments.

On the whole, the report depicts detailed overview of the global glyphosate market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.