The report "Glyphosate Market by Crop Type (Genetically Modified, Conventional), Form (Liquid, Dry), Application (Agricultural (Grains & Cereals, Oilseeds & Pulses, Fruits & Vegetables), Non Agricultural), and Region - Global Forecast to 2022" projects the market to grow at a CAGR of + 6.32% from 2016 to 2022. The study answers several questions for the stakeholders, primarily which market segments to focus in the next 2–5 years for prioritizing efforts and investments.
This report provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the global Glyphosate Market, along with the estimates and forecasts of the revenue and market share analysis.
Browse 73 market data tables and 55 figures spread through 141 pages and in-depth TOC on “Glyphosate Market by Crop Type (Genetically Modified, Conventional), Form (Liquid, Dry), Application (Agricultural (Grains & Cereals, Oilseeds & Pulses, Fruits & Vegetables), Non Agricultural), and Region - Global Forecast to 2022” http://www.rnrmarketresearch.com/glyphosate-market-by-crop-type-genetically-modified-conventional-form-liquid-dry-application-agricultural-grains-cereals-oilseeds-pulses-fruits-vegetables-non-agricultural-and-region-global-f-st-to-2022-market-report.html
The report segments the glyphosate market on the basis of crop type ,form, application, and region. In terms of insights, this research report has focused on various levels of analyses—competitive landscape, end-use analysis and company profiles, which together comprise and discuss the basic views on the emerging & high-growth segments of the global glyphosate market, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.
The glyphosate market was valued at USD 6.51billion in 2015,and is projected to grow at a CAGR of +6 %, to reach USD 9.91billion by 2022. The market is primarily driven by factors such as commercialization of genetically modified herbicide tolerant crops. South Americais projected to bethe fastest-growing region due to the increase in adoption of genetically engineered crops in countries such as Brazil and Argentina. One of the major restraints in the growth of the glyphosate market is the ban on the production of GM crops in some countries of Europe.
On the basis of crop type, the glyphosate market was led by the genetically modified crops segment, followed by the conventional crops segment. GM crops are increasingly used globally in various countries such as the U.S., Brazil, and Argentina. The rapidly increasing production of genetically modified crops in Asian countries and globally declining arable land are the key factors offering major growth opportunities to various players in the glyphosate market.
On the basis of form, the glyphosate market was led by the liquid form segment, followed by thedry segment. Liquid glyphosate is the most preferred among manufacturers and end users. Liquid form offers cost efficiency, longer shelf life, and easy foliar and spray application to the end users, and this is the reason it is most widely used.
This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies. It includes profiles of leading companies such as 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).
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Agricultural application of glyphosate in grains & cereals dominates the market due to the growth in adoption of GM crops.The production of transgenic, glyphosate-tolerant crops, such as roundup ready crops, has led to the increased consumption of glyphosate. Glyphosate has been used as an herbicide in grains &cereal crops such as wheat, rice, corn, barley, sorghum, oats, rye, triticale, buckwheat, fonio, quinoa, and other millets.
Asia-pacific is projected to be the fastest-growing market for the period considered for this study, due to the increase in adoption of advanced crop protection technologies by the farmers. In the field of production of GM crops, after the success of BT cotton in India, field testing of some GE food crops has started. In 2012, China issued the pesticide industry policy and is encouraging innovations in the field.