Global Glyphosate Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Crop;

GM Crops, Conventional Crops.

By Formulation ;

Liquid Formulations and Solid Formulations.

By Application;

Conventional Crops and Genetically Modified Crops.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn771789244 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Glyphosate Market (USD Million), 2021 - 2031

In the year 2024, the Global Glyphosate Market was valued at USD 6,698.13 million. The size of this market is expected to increase to USD 8,993.81 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.3%.

The global glyphosate market has experienced significant growth over the past few decades due to the compound's widespread use in agriculture as a broad-spectrum herbicide. Glyphosate is primarily used to control a variety of weeds and grasses that compete with crops, making it a crucial tool in modern farming practices. Its effectiveness and broad application range have led to its adoption in various crop types, including cereals, oilseeds, and vegetables. This increased usage has driven the market's expansion, with glyphosate becoming one of the most commonly used herbicides worldwide.

However, the glyphosate market has faced challenges due to growing concerns over its environmental and health impacts. Scientific studies have raised questions about glyphosate's potential carcinogenic effects, leading to increased scrutiny from regulatory bodies and public opposition. Several countries and regions have imposed restrictions or bans on glyphosate use, impacting market dynamics. These regulatory changes have prompted manufacturers to invest in research and development to create safer alternatives and to address regulatory requirements.

Despite these challenges, the market is also being driven by innovations in herbicide formulations and the development of glyphosate-resistant crop varieties. Advances in agricultural technology, such as precision farming and integrated weed management, are helping to optimize glyphosate use and reduce environmental impact. Additionally, the introduction of genetically modified crops that are resistant to glyphosate has further bolstered the market, allowing for more efficient weed control and higher crop yields.

The global glyphosate market is expected to continue evolving in response to regulatory pressures, environmental concerns, and technological advancements. The market's future will likely be shaped by the balance between maintaining glyphosate's effectiveness as a herbicide and addressing the growing demand for sustainable and environmentally friendly agricultural practices. As the industry adapts to these challenges, the development of new herbicide products and practices will play a critical role in shaping the market's trajectory.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Crop
    2. Market Snapshot, By Formulation
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Glyphosate Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing agricultural demand
        2. Broad-spectrum weed control
        3. Cost-effective herbicide option
        4. Global crop yield improvement
        5. Technological advancements in formulation
      2. Restraints
        1. Environmental and health concerns
        2. Regulatory restrictions tightening
        3. Market competition from alternatives
        4. Glyphosate-resistant weed emergence
        5. Public perception issues
      3. Opportunities
        1. Expansion in developing markets
        2. Innovation in application technologies
        3. Integrated pest management systems
        4. Biodegradable glyphosate formulations
        5. Strategic partnerships and collaborations
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Glyphosate Market, By Crop, 2021 - 2031 (USD Million)

      1. GM Crops
      2. Conventional Crops
    2. Global Glyphosate Market, By Application, 2021 - 2031 (USD Million)
      1. Conventional Crops
      2. Genetically Modified Crops
    3. Global Glyphosate Market, By Formulation, 2021 - 2031 (USD Million)
      1. Liquid Formulations
      2. Solid Formulations
    4. Global Glyphosate Market, By Geography,2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Bayer AG
      2. Corteva Agriscience
      3. BASF SE
      4. Syngenta AG
      5. Monsanto Company (now part of Bayer)
      6. FMC Corporation
      7. Dow AgroSciences LLC (now part of Corteva)
      8. Nufarm Limited
      9. ADAMA Agricultural Solutions Ltd.
      10. UPL Limited
  7. Analyst Views
  8. Future Outlook of the Market