Glyphosate Market estimated to Witness a Rapid Growth by 2024
Research Reports
Jan 20, 2021
Glyphosate Market Overview
Global Glyphosate Market is projected to reach USD 20.37 billion by 2024 and is expected to register 4.5% CAGR during the forecast period of 2019 to 2024. The glyphosate is widely used in cereals & grains, weed removal, oilseed & pulses, fruits & vegetables among others. The global glyphosate market is spanned across five regions of the world namely, Europe, Asia Pacific, North America, Latin America, and the Middle East & Africa. Asia Pacific market is projected to grow at a rapid pace. The growing demand for agricultural produce along with the increasing use of glyphosate for removal of weed is expected to boost the market in this region.
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Glyphosate Market Key Players
Some of the prominent players in the Global Glyphosate Market are Monsanto Company (U.S.), Syngenta AG (Switzerland), Bayer AG (Germany), E.I. Du Pont De Nemours & Company (U.S.), The Dow chemical company (U.S.), Nufarm Limited (Australia), Nantong Jiangshan Agrochemical & Chemical, Inc.(China), Adama Agricultural Solutions Ltd (Israel), UPL Limited (India), and Zhejiang Xinan Chemical Industrial Group Co., Ltd (China).
Global Glyphosate Market share, by region
Glyphosate market: The Global Glyphosate Market is expected to grow at a CAGR of over 4.5% during the forecast period, 2017-2024
Glyphosate Market Segmentation
The global glyphosate market is segmented into crop type, from application and region. On the basis of the crop type, the global market of glyphosate can be segmented into genetically modified crops, conventional crops. On the basis of the form, the market is segregated into liquid form and dry form. On the basis of the application, the market is further segmented into grains & cereals, oilseeds & pulses, fruits & vegetables, weed removal and others. On the basis of the region, the global glyphosate triglycerides market is segmented into Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa.
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