Menu ×


Glyphosate Market Analysis by Crop Type (Genetically Modified Crops, and Conventional Crops); by Form (Dry, and Liquid); and by Application (Agriculture, Household, Industrial, and Others) – Global Supply & Demand Analysis & Opportunity Outlook 2022-2031

  • Text Size:

Inflation And Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

Request Insights

Purchasing power in the couPurchasing power in the country is expected to fell nearly by 2.5%. On the other hand, European countries to see the worst coming in the form of energy crisis especially in upcoming winters!! Right after COVID-19, inflation has started gripping the economies across the globe. Higher than anticipated inflation, especially in western world had raised concerns for national banks and financial institutions to control the economic loss and safeguard the interest of the businesses. Increased interest rates, strong USD inflated oil prices, looming prices for gas and energy resources due to Ukraine-Russia conflict, China economic slowdown (~4% in 2022) disrupting the production and global supply chain and other factors would impact each industry negatively.                                                         Request Insights

Read More


  • Bayer AG, Bunge and Chevron U.S.A. Inc. have signed a shareholders’ agreement in connection with Bayer’s acquisition of a 65 percent majority ownership of the winter oilseed producer CoverCress, Inc.
  • Syngenta Crop Protection AG has entered into an agreement with HL Hutchinsons (HLH) to supply agronomists and farmers with an advanced soil mapping and sampling service initially in continental and Eastern Europe.

Global Glyphosate Market Size, Forecast, and Trend Highlights Over 2022 - 2031


The global glyphosate market is estimated to garner a revenue of ~USD 18 Billion by the end of 2031 by growing at a CAGR of ~6% over the forecast period, i.e., 2022 – 2031. Further, the market generated a revenue of ~USD 10 Billion in the year 2021. The primary growth factor for the expansion of the market in the assessment period is the large use of agricultural land for varied purposes across the world. As per the World Bank data, the total agricultural land in the world accounted for 36.9% of the total land in 2018.


Get more information on this report: Download Sample PDF

Glyphosate is a widely used as organophosphorus herbicide to control broadleaf weeds and grasses. Glyphosates has the properties that protect against and control fungi and spore diseases. Due to the recent susceptibility of fungi to diseases, fruit and vegetable cultivation is expected to boost the demand for glyphosate globally. The farmers across the world are using glyphosates over the traditional pesticides for its advantages. Thus, the number of rising farmers is projected to increase the adoption rate of glyphosates. As per a report published in 2021, in India there are almost 150 million farmers.

Global Glyphosate Market: Growth Drivers and Challenges

Growth Drivers

  • Burgeoning Population – The increased demand of food products in order to satisfy the needs of the burgeoning population is expected to rise the sales of glyphosate for agricultural purposes. As per the World Bank, the global population stood up at 7.84 billion in 2021, an increase from 7 billion in 2011.


  • Rising number of Farm-Fields Across the World – Recent estimates suggest that there were approximately 650 million farms worldwide in 2020.
  • Rise in Production of Food grains – The production of food grains in India rose by almost 6 million tons in year 2021-22 to 320 million tons.
  • Maturity of Agricultural Industry – Recently, it has been calculated that the United States agriculture, food, and the related industries generated almost USD 1 trillion to the nation’s gross domestic product (GDP) in the year 2020.
  • Increased Consumption of Chemicals – The global chemical consumption in 2021 accounted for USD 3.96 trillion.


  • Harmful Effect on Environment
  • Lack of Regulatory Standards
  • Additional Expenses Incurred in Production Process

The glyphosate market is segmented and analyzed for demand and supply by application into agriculture, household, industrial, and others. Out of these, the agriculture segment is attributed to garner the largest market share by 2031 on the back of large employment share in agriculture.  The World Bank stated that the employment in agriculture accounted at least 27% out of the total employment in 2019.

Major Macro-Economic Indicators Impacting the Market Growth


The chemical industry is a major component of the economy. According to the U.S. Bureau of Economic Analysis, in 2020, for the U.S., the value added by chemical products as a percentage of GDP was around 1.9%. Additionally, according to the World Bank, Chemical industry in the U.S. accounted for 16.43% to manufacturing value-added in 2018. With the growing demand from end-users, the market for chemical products is expected to grow in future. According to UNEP (United Nations Environment Program), the sales of chemicals are projected to almost double from 2017 to 2030. In the current scenario, Asia Pacific is the largest chemical producing and consuming region. China has the world’s largest chemical industry, that accounted for annual sales of approximately more than USD 1.5 trillion, or about more than one-third of global sales, in recent years. Additionally, a vast consumer base and favorable government policies have boosted investment in China’s chemical industry. Easy availability of low-cost raw material & labor as well as government subsidies and relaxed environmental norms have served as a production base for key vendors globally. On the other hand, according to the FICCI (Federation of Indian Chambers of Commerce & Industry), the chemical industry in India was valued at 163 billion in 2019 and it contributed 3.4% to the global chemical industry. It ranks 6th in global chemical production. This statistic shows the lucrative opportunity for the investment in businesses in Asia Pacific countries in the upcoming years.

Global Glyphosate Market Regional Synopsis

Regionally, the global glyphosate market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these, the market in Asia Pacific is projected to hold the largest market share by the end of 2031. The share of agricultural employment in India is a primary growth factor for the adoption of glyphosate and the growth of the market. As per a recent study, total employment in agriculture has gone up from 36% in 2017–18 to 37% in 2018–19 and then to 38% in 2019–20. Further, the large amount of agricultural land in the region is another growth factor. According to the World Bank, agricultural land in East Asia and the Pacific accounted for approximately 47.7% of total land area in 2018. Additionally, investments in research and development activities and growth in GDP level coupled with high chemical consumption are anticipated to be other growth factors. In 2021, domestic chemical sales in Asia Pacific garnered approximately USD 3 trillion.


The global glyphosate market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook

Market Segmentation

Our in-depth analysis of the global glyphosate market includes the following segments:

                   By Crop Type

  • Genetically Modified Crops
  • Conventional Crops

                   By Form

  • Liquid
  • Dry

                  By Application

  • Agriculture
  • Household
  • Industrial
  • Others

Top Featured Companies Dominating the Global Glyphosate Market

  • Syngenta Crop Protection AG

    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
  • Bayer 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



Related Reports

Disclaimer | Privacy Policy | Terms & Conditions | LOB

Copyright © 2022 Research Nester. All Rights Reserved