Global Glyphosate Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

MarketResearch.biz delivers in-depth insights on the global glyphosate market in its upcoming report titled, “Global Glyphosate Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global glyphosate market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global glyphosate market report has been segmented on the basis of crop type, form, application, and region.

This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Glyphosate (C₃H₈NO₅P) is an organophosphorus herbicide used to kill perennial weeds and unwanted grasses grown with crops. Glyphosate in sodium salt form is used to regulate growth of plant and ripe fruits.

Growing demand for genetically engineered crops has boosted demand for glyphosate. These is a major factor driving growth of the global glyphosate market. In addition, increasing farm expenditure coupled with rising food demand across the globe are other factors expected to fuel growth of the global market in coming years to certain extent.

Hazardous effects on individuals and environment on use of glyphosate, is a key factor restraining growth of the global glyphosate market. In addition, stringent regulations towards use of genetically modified crops in some regions is another factor hampering growth of the global market to a certain extent.

The market in Asia Pacific accounts for significant share in terms of revenue and is expected to register highest CAGR of X.X% in the global market over the forecast period. This growth can be attributed to increasing agricultural activities in countries such as China. India, Thailand, etc. in the region. The Latin America market is estimated to witness significant growth in terms of revenue during the forecast period, followed by North America market. The glyphosate market in Europe accounts for moderate share in terms of revenue in the global market.

Global Glyphosate Market Segmentation:

Segmentation On the Basis of Crop Type:

• Genetically modified crops
• Conventional crops

Segmentation On the Basis of Form:

• Liquid
• Dry

Segmentation On the Basis of Application:

• Agricultural
• Non-agricultural

Segmentation On the Basis of Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa