Global Glyphosate Market to reach USD 5.24 billion by 2027.Global Glyphosate Market is valued approximately USD 4.44 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 2.4% over the forecast period 2021-2027. Glyphosate is an artificial particle which is heavily used in the production of hybrid crops, such as, cotton, corn, soybean, sugar beets and many more. The increase in population leading to rise in food consumption and growing demand for Genetically Modified (GM) crops are factors contributing to the market growth. For instance: according to Statista, the global production of cotton is projected to increase to 218.6 million bales by the year end of 2021 from 122 million bales in the year 2020. However, effect of COVID-19 pandemic on glyphosate supply and increase in the resistance of weeds with the use of glyphosates may impede the growth of the market over the forecast period of 2021-2027. Also, technological advancements and increasing use of glyphosates in the fruits and vegetables market owing to its adaptability is likely to increase the growth of the market in the forecasting period.

The regional analysis of global Glyphosate market includes Asia Pacific, North America, Europe, Latin America and Rest of the World for analysis and estimation, Asia Pacific is a significant region in terms of largest market share across the world owing to high demand for GM (Genetically Modified) Crops. Whereas, North America is anticipated to exhibit the highest growth rate over the forecast period 2021-2027. Factors such as presence of well-established firms in the market would create lucrative growth prospects for the Glyphosate market across North America region.

Major market player included in this report are:
Nufarm Ltd
Syngenta Agrochemical Company
Dow AgroSciences Chemicals Company
DuPont Chemical Company
Monsanto Company
Bayer Cropscience AG
Adama Agricultural Solutions Ltd
UPL Limited
BASF SE
India Pesticides Limited

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application:
Conventional Crops
GM Crop
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Glyphosate Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors