Overview
Glyphosate Market size is forecast to
reach the market size of $6.28 billion by 2025, after growing at a CAGR of 6.67% during 2020-2025. With
the region growing under herbicide-tolerant crops and more and more countries
accepting plant herbicide-tolerance technologies, the glyphosate industry is
expected to expand inorganically with accelerated farmer acceptance. Concerns
about the environmental hazards persist in developed markets, however due to
the lack of development of effective substitutes to glyphosate the demand is
not predicted to drop.
Report Coverage
The report: “Glyphosate Market – Forecast (2020-2025)”, by IndustryARC, covers
an in-depth analysis of the following segments of the Glyphosate Industry.
Key Takeaways
In 2018, organic crops led the global market
volume; glyphosate is used two or three weeks before crops like maize, sorghum,
sunflower, etc. are sown. It tends to significantly reduce tillage along with
successful weed control. Over the forecast period, GM crops are expected to
experience high growth, primarily as a result of increasing adoption in Latin
America, China and India.
Participants in the major industry are Monsanto,
Syngenta, Nufarm, Dow AgroSciences and DuPont. Other companies include, for the
most part, BASF, Bayer and a large number of Chinese producers. Key players
have supported the design of weed management systems that help minimize adverse
impact on the environment and monitor weeds across different modes compared to
traditional glyphosate applications.
By Crop Type - Segment Analysis
The use of GM crops is expected
to experience the highest growth by 2024. Increasing consumer awareness of the
effects of genetically-modified crops and the minimal impact of the seed on the
plant would raise the demand for the product. A large proportion of genetically
engineered crops were designed to be glyphosate-resistant herbicide in order to
use herbicide to destroy the weeds around the plant. According to the Canadian
Biotechnology Action Network (CBAN), about 88 percent of the world's GM crops
are resistant of rising herbicides on about 400 million acres of land. Conventional
crops led the global market for glyphosate, with a production of over 50
percent in 2015. The need to increase agricultural output has increased the use
of glyphosate in crops such as citrus, grains of cereals, orchards, vegetables
of legumes and crops of oilseed. According to the FAO, the global population is
expected to cross 9.1 billion people by 2050, requiring an overall food
production growth of 70 percent between 2007 and 2050. It is further
anticipated that high cost effectiveness along with increased awareness of the
product's varied functionalities to promote yield growth for conventional crops
will have a significant long-term effects.
By Application - Segment Analysis
In 2019, heavy use as an
effective herbicide agent in the agricultural sector is expected to fuel the
development of the glyphosate industry over the forecast period. It is used to
prevent unwanted widespread weed from growing, thereby increasing agricultural
production. It also tends to promote the growth of plants & encourages the
maturation of certain crops such as cotton, canola, soybean, berry crops and
maize. The product is highly effective in the management of harmful and
invasive weeds. Additional functionalities & applications generate new
growth avenues for industry participants in integrated pest management. In
addition, the product adoption will be driven by the availability and use of
glyphosate in various formulations such as ready-to-use liquid, liquid
concentrate, and solid form.
Geography - Segment Analysis
For companies operating in the glyphosate herbicide
market, the Asia-Pacific region and the North American region present equally
attractive opportunities. The North American area is expected to remain one of
the fastest-growing regions due to the rising penetration rates of
herbicide-tolerant hybrids. It is estimated that about 56 percent of U.S. use
of glyphosate was projected for herbicide-tolerant plants. Business growth is expected
to be more natural in the Asia-Pacific region. The area has the world's highest
arable land with the largest variety of crops. It is expected that increased
adoption of advanced agricultural practices such as zero-tillage will bring
growth to the region's herbicide glyphosate market. While China has granted
permission to grow herbicide-tolerant hybrids, the constraint remains with
respect to India, which still has to approve any genetically modified hybrids
in food crops.
Drivers – Glyphosate Market
Approvals for
herbicide-tolerant crop hybrids essential leads the market growth.
Herbicide
tolerant crop hybrids are genetically engineered hybrids where crops tolerate
non-selective herbicides like glyphosate. Because glyphosate is the most
effective herbicide that aims to fully control plants, regardless of species
and biology, many research and development efforts are based on tolerance to
glyphosate. Bayer Cropscience, which completed Monsanto Company's acquisition
in 2018, holds a patent for RoundUp-Ready hybrids in crops such as corn, soybean,
and cotton, with Roundup-Ready Soybeans holding a large share of the land in
the United States, Argentina and Brazil. Farmer-level adoption of herbicide
tolerance technology is expected to be rapid, but the long-term backlog of
approval with government agencies in India and European Union countries is
slowing down the growth spurt that could help inorganic growth on the global
glyphosate industry.
Challenges – Glyphosate Market
Lacks of
standards and specifications is constraining the market growth.
Problems arise when standards conflict
with specifications and product performance, or lack of standards. There may be
a paradox when over-expectation and mis-specification outweigh the capacity of
material performance and the struggle to save the resources of the planet. Inspection
and consulting work is required due to over-expectation of the product,
low-quality workmanship and misconception of the characteristics of product
performance. We have entered an exciting, yet challenging, and sometimes
frustrating, time with recent technological advances. Materials are becoming
stronger, more chemically resistant, more biodegradable, and more recyclable
due to new technologies and sustainability. But these positive changes come
with unintended consequences and conditions created by complacency with the status
quo, naivety, and, unfortunately, ignorance of the subject matter.
Market Landscape
1.1 Definitions and Scope
2. Glyphosate Market - Executive summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by type of Application
2.3 Key Trends segmented by Geography
3. Glyphosate Market
3.1 Comparative analysis
3.1.1 Product Benchmarking - Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis - Top 10 companies
3.1.5 Pricing Analysis
4. Glyphosate Market - Startup companies Scenario Premium
4.1 Top 10 startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Glyphosate Market - Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top 10 companies
6. Glyphosate Market Forces
6.1 Drivers
6.2 Constraints
6.3 Challenges
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Glyphosate Market - Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Product life cycle
7.4 Suppliers and distributors Market Share
8. Glyphosate Market - By Product Type (Market Size -$Million / $Billion)
8.1 Market Size and Market Share Analysis
8.2 Application Revenue and Trend Research
8.3 Product Segment Analysis
9. Glyphosate Market - By Type (Market Size -$Million / $Billion)
11.1 Glyphosate Market - North America Segment Research
11.2 North America Market Research (Million / $Billion)
11.2.1 Segment type Size and Market Size Analysis
11.2.2 Revenue and Trends
11.2.3 Application Revenue and Trends by type of Application
11.2.4 Company Revenue and Product Analysis
11.2.5 North America Product type and Application Market Size
11.2.5.1 U.S
11.2.5.2 Canada
11.2.5.3 Mexico
11.2.5.4 Rest of North America
11.3 Glyphosate- South America Segment Research
11.4 South America Market Research (Market Size -$Million / $Billion)
11.4.1 Segment type Size and Market Size Analysis
11.4.2 Revenue and Trends
11.4.3 Application Revenue and Trends by type of Application
11.4.4 Company Revenue and Product Analysis
11.4.5 South America Product type and Application Market Size
11.4.5.1 Brazil
11.4.5.2 Venezuela
11.4.5.3 Argentina
11.4.5.4 Ecuador
11.4.5.5 Peru
11.4.5.6 Colombia
11.4.5.7 Costa Rica
11.4.5.8 Rest of South America
11.5 Glyphosate- Europe Segment Research
11.6 Europe Market Research (Market Size -$Million / $Billion)
11.6.1 Segment type Size and Market Size Analysis
11.6.2 Revenue and Trends
11.6.3 Application Revenue and Trends by type of Application
11.6.4 Company Revenue and Product Analysis
11.6.5 Europe Segment Product type and Application Market Size
11.6.5.1 U.K
11.6.5.2 Germany
11.6.5.3 Italy
11.6.5.4 France
11.6.5.5 Netherlands
11.6.5.6 Belgium
11.6.5.7 Denmark
11.6.5.8 Spain
11.6.5.9 Rest of Europe
11.7 Glyphosate - APAC Segment Research
11.8 APAC Market Research (Market Size -$Million / $Billion)
11.8.1 Segment type Size and Market Size Analysis
11.8.2 Revenue and Trends
11.8.3 Application Revenue and Trends by type of Application
11.8.4 Company Revenue and Product Analysis
11.8.5 APAC Segment - Product type and Application Market Size
11.8.5.1 China
11.8.5.2 Australia
11.8.5.3 Japan
11.8.5.4 South Korea
11.8.5.5 India
11.8.5.6 Taiwan
11.8.5.7 Malaysia
11.8.5.8 Hong kong
11.8.5.9 Rest of APAC
11.9 Glyphosate - Middle East Segment and Africa Segment Research
11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
11.10.1 Segment type Size and Market Size Analysis
11.10.2 Revenue and Trend Analysis
11.10.3 Application Revenue and Trends by type of Application
11.10.4 Company Revenue and Product Analysis
11.10.5 Middle East Segment Product type and Application Market Size
11.10.5.1 Israel
11.10.5.2 Saudi Arabia
11.10.5.3 UAE
11.10.6 Africa Segment Analysis
11.10.6.1 South Africa
11.10.6.2 Rest of Middle East & Africa
12. Glyphosate Market - Entropy
12.1 New product launches
12.2 M&A s, collaborations, JVs and partnerships
13. Glyphosate Market - Industry / Segment Competition landscape Premium
13.1 Market Share Analysis
13.1.1 Market Share by Country- Top companies
13.1.2 Market Share by Region- Top 10 companies
13.1.3 Market Share by type of Application - Top 10 companies
13.1.4 Market Share by type of Product / Product category- Top 10 companies
13.1.5 Market Share at global level - Top 10 companies
13.1.6 Best Practises for companies
14. Glyphosate Market - Key Company List by Country Premium
15. Glyphosate Market Company Analysis
16.1 Abbreviations
16.2 Sources
17. Glyphosate Market - Methodology
17.1 Research Methodology
17.1.1 Company Expert Interviews
17.1.2 Industry Databases
17.1.3 Associations
17.1.4 Company News
17.1.5 Company Annual Reports
17.1.6 Application Trends
17.1.7 New Products and Product database
17.1.8 Company Transcripts
17.1.9 R&D Trends
17.1.10 Key Opinion Leaders Interviews
17.1.11 Supply and Demand Trends
LIST OF TABLES
1.Global Glyphosate Application Outlook Market 2019-2024 ($M)1.1 Conventional Crop Market 2019-2024 ($M) - Global Industry Research
1.2 Gm Crop Market 2019-2024 ($M) - Global Industry Research
2.Global Glyphosate Competitive Landscape Market 2019-2024 ($M)
2.1 Anhui Huaxing Chemical Industry Company Market 2019-2024 ($M) - Global Industry Research
2.2 Basf Market 2019-2024 ($M) - Global Industry Research
2.3 Bayer Cropscience Market 2019-2024 ($M) - Global Industry Research
2.4 Cheminova Market 2019-2024 ($M) - Global Industry Research
2.5 Dow Agrosciences Market 2019-2024 ($M) - Global Industry Research
2.6 Dupont Market 2019-2024 ($M) - Global Industry Research
2.7 Jiangsu Good Harvest-Weien Agrochemical Co , Ltd Market 2019-2024 ($M) - Global Industry Research
2.8 Monsanto Market 2019-2024 ($M) - Global Industry Research
2.9 Nantong Jiangshan Agrochemical Chemical Co. Ltd Market 2019-2024 ($M) - Global Industry Research
2.10 Nufarm Limited Market 2019-2024 ($M) - Global Industry Research
2.11 Sinoharvest Corporation Market 2019-2024 ($M) - Global Industry Research
2.12 Syngenta Market 2019-2024 ($M) - Global Industry Research
2.13 Zhejiang Xinan Chemical Industrial Group Co , Ltd Market 2019-2024 ($M) - Global Industry Research
3.Global Glyphosate Application Outlook Market 2019-2024 (Volume/Units)
3.1 Conventional Crop Market 2019-2024 (Volume/Units) - Global Industry Research
3.2 Gm Crop Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global Glyphosate Competitive Landscape Market 2019-2024 (Volume/Units)
4.1 Anhui Huaxing Chemical Industry Company Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Basf Market 2019-2024 (Volume/Units) - Global Industry Research
4.3 Bayer Cropscience Market 2019-2024 (Volume/Units) - Global Industry Research
4.4 Cheminova Market 2019-2024 (Volume/Units) - Global Industry Research
4.5 Dow Agrosciences Market 2019-2024 (Volume/Units) - Global Industry Research
4.6 Dupont Market 2019-2024 (Volume/Units) - Global Industry Research
4.7 Jiangsu Good Harvest-Weien Agrochemical Co , Ltd Market 2019-2024 (Volume/Units) - Global Industry Research
4.8 Monsanto Market 2019-2024 (Volume/Units) - Global Industry Research
4.9 Nantong Jiangshan Agrochemical Chemical Co. Ltd Market 2019-2024 (Volume/Units) - Global Industry Research
4.10 Nufarm Limited Market 2019-2024 (Volume/Units) - Global Industry Research
4.11 Sinoharvest Corporation Market 2019-2024 (Volume/Units) - Global Industry Research
4.12 Syngenta Market 2019-2024 (Volume/Units) - Global Industry Research
4.13 Zhejiang Xinan Chemical Industrial Group Co , Ltd Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America Glyphosate Application Outlook Market 2019-2024 ($M)
5.1 Conventional Crop Market 2019-2024 ($M) - Regional Industry Research
5.2 Gm Crop Market 2019-2024 ($M) - Regional Industry Research
6.North America Glyphosate Competitive Landscape Market 2019-2024 ($M)
6.1 Anhui Huaxing Chemical Industry Company Market 2019-2024 ($M) - Regional Industry Research
6.2 Basf Market 2019-2024 ($M) - Regional Industry Research
6.3 Bayer Cropscience Market 2019-2024 ($M) - Regional Industry Research
6.4 Cheminova Market 2019-2024 ($M) - Regional Industry Research
6.5 Dow Agrosciences Market 2019-2024 ($M) - Regional Industry Research
6.6 Dupont Market 2019-2024 ($M) - Regional Industry Research
6.7 Jiangsu Good Harvest-Weien Agrochemical Co , Ltd Market 2019-2024 ($M) - Regional Industry Research
6.8 Monsanto Market 2019-2024 ($M) - Regional Industry Research
6.9 Nantong Jiangshan Agrochemical Chemical Co. Ltd Market 2019-2024 ($M) - Regional Industry Research
6.10 Nufarm Limited Market 2019-2024 ($M) - Regional Industry Research
6.11 Sinoharvest Corporation Market 2019-2024 ($M) - Regional Industry Research
6.12 Syngenta Market 2019-2024 ($M) - Regional Industry Research
6.13 Zhejiang Xinan Chemical Industrial Group Co , Ltd Market 2019-2024 ($M) - Regional Industry Research
7.South America Glyphosate Application Outlook Market 2019-2024 ($M)
7.1 Conventional Crop Market 2019-2024 ($M) - Regional Industry Research
7.2 Gm Crop Market 2019-2024 ($M) - Regional Industry Research
8.South America Glyphosate Competitive Landscape Market 2019-2024 ($M)
8.1 Anhui Huaxing Chemical Industry Company Market 2019-2024 ($M) - Regional Industry Research
8.2 Basf Market 2019-2024 ($M) - Regional Industry Research
8.3 Bayer Cropscience Market 2019-2024 ($M) - Regional Industry Research
8.4 Cheminova Market 2019-2024 ($M) - Regional Industry Research
8.5 Dow Agrosciences Market 2019-2024 ($M) - Regional Industry Research
8.6 Dupont Market 2019-2024 ($M) - Regional Industry Research
8.7 Jiangsu Good Harvest-Weien Agrochemical Co , Ltd Market 2019-2024 ($M) - Regional Industry Research
8.8 Monsanto Market 2019-2024 ($M) - Regional Industry Research
8.9 Nantong Jiangshan Agrochemical Chemical Co. Ltd Market 2019-2024 ($M) - Regional Industry Research
8.10 Nufarm Limited Market 2019-2024 ($M) - Regional Industry Research
8.11 Sinoharvest Corporation Market 2019-2024 ($M) - Regional Industry Research
8.12 Syngenta Market 2019-2024 ($M) - Regional Industry Research
8.13 Zhejiang Xinan Chemical Industrial Group Co , Ltd Market 2019-2024 ($M) - Regional Industry Research
9.Europe Glyphosate Application Outlook Market 2019-2024 ($M)
9.1 Conventional Crop Market 2019-2024 ($M) - Regional Industry Research
9.2 Gm Crop Market 2019-2024 ($M) - Regional Industry Research
10.Europe Glyphosate Competitive Landscape Market 2019-2024 ($M)
10.1 Anhui Huaxing Chemical Industry Company Market 2019-2024 ($M) - Regional Industry Research
10.2 Basf Market 2019-2024 ($M) - Regional Industry Research
10.3 Bayer Cropscience Market 2019-2024 ($M) - Regional Industry Research
10.4 Cheminova Market 2019-2024 ($M) - Regional Industry Research
10.5 Dow Agrosciences Market 2019-2024 ($M) - Regional Industry Research
10.6 Dupont Market 2019-2024 ($M) - Regional Industry Research
10.7 Jiangsu Good Harvest-Weien Agrochemical Co , Ltd Market 2019-2024 ($M) - Regional Industry Research
10.8 Monsanto Market 2019-2024 ($M) - Regional Industry Research
10.9 Nantong Jiangshan Agrochemical Chemical Co. Ltd Market 2019-2024 ($M) - Regional Industry Research
10.10 Nufarm Limited Market 2019-2024 ($M) - Regional Industry Research
10.11 Sinoharvest Corporation Market 2019-2024 ($M) - Regional Industry Research
10.12 Syngenta Market 2019-2024 ($M) - Regional Industry Research
10.13 Zhejiang Xinan Chemical Industrial Group Co , Ltd Market 2019-2024 ($M) - Regional Industry Research
11.APAC Glyphosate Application Outlook Market 2019-2024 ($M)
11.1 Conventional Crop Market 2019-2024 ($M) - Regional Industry Research
11.2 Gm Crop Market 2019-2024 ($M) - Regional Industry Research
12.APAC Glyphosate Competitive Landscape Market 2019-2024 ($M)
12.1 Anhui Huaxing Chemical Industry Company Market 2019-2024 ($M) - Regional Industry Research
12.2 Basf Market 2019-2024 ($M) - Regional Industry Research
12.3 Bayer Cropscience Market 2019-2024 ($M) - Regional Industry Research
12.4 Cheminova Market 2019-2024 ($M) - Regional Industry Research
12.5 Dow Agrosciences Market 2019-2024 ($M) - Regional Industry Research
12.6 Dupont Market 2019-2024 ($M) - Regional Industry Research
12.7 Jiangsu Good Harvest-Weien Agrochemical Co , Ltd Market 2019-2024 ($M) - Regional Industry Research
12.8 Monsanto Market 2019-2024 ($M) - Regional Industry Research
12.9 Nantong Jiangshan Agrochemical Chemical Co. Ltd Market 2019-2024 ($M) - Regional Industry Research
12.10 Nufarm Limited Market 2019-2024 ($M) - Regional Industry Research
12.11 Sinoharvest Corporation Market 2019-2024 ($M) - Regional Industry Research
12.12 Syngenta Market 2019-2024 ($M) - Regional Industry Research
12.13 Zhejiang Xinan Chemical Industrial Group Co , Ltd Market 2019-2024 ($M) - Regional Industry Research
13.MENA Glyphosate Application Outlook Market 2019-2024 ($M)
13.1 Conventional Crop Market 2019-2024 ($M) - Regional Industry Research
13.2 Gm Crop Market 2019-2024 ($M) - Regional Industry Research
14.MENA Glyphosate Competitive Landscape Market 2019-2024 ($M)
14.1 Anhui Huaxing Chemical Industry Company Market 2019-2024 ($M) - Regional Industry Research
14.2 Basf Market 2019-2024 ($M) - Regional Industry Research
14.3 Bayer Cropscience Market 2019-2024 ($M) - Regional Industry Research
14.4 Cheminova Market 2019-2024 ($M) - Regional Industry Research
14.5 Dow Agrosciences Market 2019-2024 ($M) - Regional Industry Research
14.6 Dupont Market 2019-2024 ($M) - Regional Industry Research
14.7 Jiangsu Good Harvest-Weien Agrochemical Co , Ltd Market 2019-2024 ($M) - Regional Industry Research
14.8 Monsanto Market 2019-2024 ($M) - Regional Industry Research
14.9 Nantong Jiangshan Agrochemical Chemical Co. Ltd Market 2019-2024 ($M) - Regional Industry Research
14.10 Nufarm Limited Market 2019-2024 ($M) - Regional Industry Research
14.11 Sinoharvest Corporation Market 2019-2024 ($M) - Regional Industry Research
14.12 Syngenta Market 2019-2024 ($M) - Regional Industry Research
14.13 Zhejiang Xinan Chemical Industrial Group Co , Ltd Market 2019-2024 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Glyphosate Market Revenue, 2019-2024 ($M)2.Canada Glyphosate Market Revenue, 2019-2024 ($M)
3.Mexico Glyphosate Market Revenue, 2019-2024 ($M)
4.Brazil Glyphosate Market Revenue, 2019-2024 ($M)
5.Argentina Glyphosate Market Revenue, 2019-2024 ($M)
6.Peru Glyphosate Market Revenue, 2019-2024 ($M)
7.Colombia Glyphosate Market Revenue, 2019-2024 ($M)
8.Chile Glyphosate Market Revenue, 2019-2024 ($M)
9.Rest of South America Glyphosate Market Revenue, 2019-2024 ($M)
10.UK Glyphosate Market Revenue, 2019-2024 ($M)
11.Germany Glyphosate Market Revenue, 2019-2024 ($M)
12.France Glyphosate Market Revenue, 2019-2024 ($M)
13.Italy Glyphosate Market Revenue, 2019-2024 ($M)
14.Spain Glyphosate Market Revenue, 2019-2024 ($M)
15.Rest of Europe Glyphosate Market Revenue, 2019-2024 ($M)
16.China Glyphosate Market Revenue, 2019-2024 ($M)
17.India Glyphosate Market Revenue, 2019-2024 ($M)
18.Japan Glyphosate Market Revenue, 2019-2024 ($M)
19.South Korea Glyphosate Market Revenue, 2019-2024 ($M)
20.South Africa Glyphosate Market Revenue, 2019-2024 ($M)
21.North America Glyphosate By Application
22.South America Glyphosate By Application
23.Europe Glyphosate By Application
24.APAC Glyphosate By Application
25.MENA Glyphosate By Application