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).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.
Global Glyphosate Market Recent Developments
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In July 2021, glyphosate market growth continued despite regulatory challenges, driven by the increased demand from large-scale agriculture, particularly in North America and Latin America, for effective weed management solutions.
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In November 2023, several countries revisited their regulations on glyphosate, with some introducing stricter usage policies, impacting demand but pushing the development of alternative herbicides.
Segment Analysis
The global glyphosate market is segmented by crop type into GM (Genetically Modified) crops and conventional crops. GM crops, which are engineered to tolerate glyphosate, have seen increased adoption in many regions, driving the demand for glyphosate-based herbicides. This segment is growing due to the efficiency and convenience of using glyphosate on genetically modified crops that are resistant to this herbicide, allowing farmers to control a wide range of weeds without harming the crop itself. On the other hand, conventional crops require more careful application of glyphosate to avoid crop damage, but they still represent a significant portion of the market due to the widespread cultivation of non-GM crops worldwide.
The glyphosate market is also divided by formulation type into liquid and solid formulations. Liquid formulations are more commonly used due to their ease of application and quick absorption, making them ideal for large-scale agricultural use. These formulations are typically favored for spraying directly onto fields and can be easily mixed with water or other agents. Solid formulations, including granules and powders, are less commonly used but can offer advantages in specific applications, such as targeted application in smaller areas or in settings where precision is required. Both types of formulations continue to see innovation to improve effectiveness and reduce environmental impact.
The application of glyphosate varies between conventional crops and genetically modified crops. For conventional crops, glyphosate is typically used as a pre-emergent or post-emergent herbicide to manage weeds that compete with crops for nutrients, sunlight, and water. The use in GM crops is more widespread due to the genetic resistance engineered into the plants, allowing glyphosate to be used more liberally. This distinction influences market trends, with GM crops driving higher demand for glyphosate in regions where they are prevalent, such as North America and parts of South America.
Global Glyphosate Segment Analysis
In this report, the Global Glyphosate Market has been segmented by Crop, Application, Formulation and Geography.
Global Glyphosate Market, Segmentation by Crop
The Global Glyphosate Market has been segmented by Crop into GM Crops, Conventional Crops.
GM crops, designed to be resistant to glyphosate, have become increasingly popular among farmers, particularly in regions such as North America, South America, and parts of Asia. These crops enable farmers to apply glyphosate to control weeds without damaging the crop itself, making them highly efficient for large-scale farming. The rise of GM crops has driven a significant portion of the demand for glyphosate, as they are widely adopted in crops like soybeans, corn, and cotton.
In contrast, conventional crops, which are not genetically modified to withstand glyphosate, require more cautious application. Farmers cultivating conventional crops must be more careful in applying glyphosate to avoid damaging the crops. This segment includes a wide range of crops, such as wheat, rice, and vegetables, and although the use of glyphosate is less efficient compared to GM crops, it remains an important tool in managing weeds. Conventional crops are still highly relevant in regions where GM crops are not as widely accepted or where there are regulations restricting the use of genetically modified organisms (GMOs).
The demand for glyphosate in these two crop categories varies based on factors such as agricultural practices, regulations, and consumer preferences. GM crops tend to drive higher and more consistent demand for glyphosate, as they allow for broader use of herbicides with reduced risk of crop damage. On the other hand, conventional crops still represent a significant portion of the market, especially in regions where non-GMO farming is more prevalent. As the global debate over GMOs continues, the market for glyphosate in both segments will likely evolve based on agricultural trends, regulatory changes, and technological innovations in crop protection.
Global Glyphosate Market, Segmentation by Formulation
The Global Glyphosate Market has been segmented by Formulation into Liquid Formulations and Solid Formulations.
The Global Glyphosate Market is segmented by formulation into Liquid Formulations and Solid Formulations, each serving distinct needs within the agricultural sector. Liquid Formulations are widely preferred for their ease of application and rapid absorption by plants. They are typically used in large-scale farming operations where precise and efficient application is critical. Liquid glyphosate can be applied through various methods such as sprayers, which ensure even coverage and effective weed control. This formulation is particularly advantageous in regions where glyphosate needs to be applied quickly and uniformly over extensive crop areas.
Solid Formulations of glyphosate, including granules and powders, offer benefits such as longer shelf life and ease of storage. These formulations are often used in areas where the glyphosate needs to be applied directly to the soil or incorporated into the soil before planting. Solid formulations can be more convenient for pre-emergent applications and are preferred in certain regions due to their stability and reduced risk of leakage during transport and handling. They also tend to be cost-effective and can provide sustained weed control over extended periods.
The choice between liquid and solid formulations often depends on the specific requirements of the crop, the type of weeds being targeted, and regional application practices. Liquid formulations dominate in terms of market share due to their versatility and efficiency, especially in large-scale and high-intensity farming operations. However, solid formulations continue to hold a significant share due to their practicality in various soil types and conditions.
Global Glyphosate Market, Segmentation by Application
The Global Glyphosate Market has been segmented by Application into Conventional Crops and Genetically Modified Crops.
In the conventional crops segment, glyphosate is utilized to manage weed growth and enhance the productivity of various non-genetically modified (GM) crops. This includes a range of traditional agricultural crops such as wheat, rice, corn, and soybeans. Glyphosate’s broad-spectrum activity makes it effective in controlling a wide range of weed species, thereby promoting healthier crop growth and higher yields. Despite its effectiveness, the use of glyphosate on conventional crops has been a subject of scrutiny due to environmental and health concerns, which have led to increasing regulations and alternative herbicide options.
The genetically modified crops segment represents a substantial portion of the glyphosate market. GM crops, such as glyphosate-resistant soybeans, corn, and cotton, have been engineered to tolerate glyphosate applications. This allows farmers to use glyphosate more extensively without harming the crop, thereby simplifying weed management and reducing the need for mechanical weeding. The adoption of GM crops has been a major driver of glyphosate demand, as these crops benefit significantly from glyphosate’s effectiveness in controlling weeds that might otherwise compete for resources.
The glyphosate market has seen fluctuating trends due to evolving agricultural practices and regulatory landscapes. In recent years, the market has been influenced by the increasing adoption of GM crops, which has driven demand for glyphosate-based herbicides. However, the conventional crops segment remains significant, as many regions still rely on traditional crop varieties and conventional weed management practices.
Global Glyphosate Market is expected to continue evolving with advancements in agricultural technology and changing regulatory environments. The demand for glyphosate in GM crops is likely to remain strong due to the benefits of integrated weed management and high crop yields. However, the conventional crops segment may face challenges from alternative herbicides and shifts in farming practices. Overall, the market will need to navigate regulatory challenges and evolving consumer preferences to sustain growth and address environmental and health concerns.
Global Glyphosate Market, Segmentation by Geography
In this report, the Global Glyphosate Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Glyphosate Market Share (%), by Geographical Region, 2024
North America, glyphosate remains a dominant herbicide due to its extensive use in large-scale agricultural operations. The United States and Canada are the primary markets, driven by advanced farming techniques and high adoption rates of genetically modified crops. However, increasing regulatory scrutiny and rising concerns about glyphosate's environmental and health impacts are influencing market dynamics in this region.
Europe's glyphosate market is characterized by stringent regulatory frameworks and growing debate over glyphosate's safety. The European Union's regulations and potential restrictions on glyphosate use impact the market. Despite these challenges, glyphosate remains a key herbicide in European agriculture, particularly in countries like Germany and France, where it is used to manage weed populations in various crops.
The Asia Pacific region is experiencing significant growth in the glyphosate market, driven by rapid agricultural development and increasing demand for food security. Countries like China and India are major consumers of glyphosate, where it is used extensively in rice, soybean, and corn production. The region's expanding agricultural sector and rising adoption of modern farming practices contribute to the market's growth.
In the Middle East and Africa, glyphosate usage is expanding as agricultural practices modernize and the need for effective weed management grows. The market in this region is influenced by agricultural expansion, particularly in countries with large arable land areas like South Africa. However, the market's growth is moderated by varying levels of regulatory oversight and economic factors affecting agricultural investment.
Latin America's glyphosate market is robust, with significant usage in countries like Brazil and Argentina, where glyphosate is a critical tool in managing weeds in large-scale soybean and corn production. The region's favorable climate for agriculture and high adoption rates of genetically modified crops support the glyphosate market's growth. However, concerns over environmental impact and regulatory challenges are shaping the market's future trajectory.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Glyphosate Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Increasing agricultural demand
- Broad-spectrum weed control
- Cost-effective herbicide option
- Global crop yield improvement
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Technological advancements in formulation: Recent technological advancements in formulation have significantly impacted the Global Glyphosate Market. Innovations in glyphosate formulations are enhancing efficacy and safety, addressing environmental and health concerns while improving crop yield and weed control. Advanced formulation techniques, such as encapsulation and controlled-release technologies, are being employed to optimize glyphosate's performance. These methods allow for better targeted delivery and prolonged action, reducing the need for frequent applications and minimizing environmental impact. Additionally, developments in adjuvant technology have improved glyphosate’s compatibility with various tank mixes and application conditions, further boosting its effectiveness.
In response to growing resistance issues and regulatory pressures, researchers are also exploring novel glyphosate formulations that combine glyphosate with other herbicides or biopesticides. These integrated approaches aim to manage resistant weed populations more effectively and reduce reliance on glyphosate alone. Moreover, advances in digital technology and data analytics are enabling more precise application methods, such as variable rate technology (VRT), which adjusts glyphosate usage based on specific field conditions. These technological advancements are helping to maintain glyphosate’s relevance in modern agriculture while addressing sustainability and safety concerns.
Restraints
- Environmental and health concerns
- Regulatory restrictions tightening
- Market competition from alternatives
- Glyphosate-resistant weed emergence
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Public perception issues: The Global Glyphosate Market has faced significant public perception issues, primarily due to concerns over the health and environmental impacts associated with glyphosate-based herbicides. Glyphosate, the active ingredient in many widely used herbicides, has been linked to controversies regarding its potential carcinogenicity and adverse effects on biodiversity. Studies, such as those from the International Agency for Research on Cancer (IARC), have classified glyphosate as a probable human carcinogen, leading to heightened public scrutiny and calls for regulatory reviews and bans in several regions. These perceptions have been fueled by both scientific research and advocacy groups, contributing to a growing demand for alternative weed control solutions and a shift in consumer preferences towards organic and sustainable agricultural practices.
Glyphosate's environmental impact has also contributed to its contentious reputation. There are concerns about its role in the development of herbicide-resistant weed species and potential negative effects on non-target plants and soil health. This has led to debates over its long-term sustainability and the potential ecological consequences of its widespread use. As a result, the glyphosate market faces pressures from regulatory bodies, environmental organizations, and the public, influencing market dynamics and driving innovations in herbicide formulations and alternative weed management strategies.
Opportunities
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Expansion in developing markets
- Innovation in application technologies
- Integrated pest management systems
- Biodegradable glyphosate formulations
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Strategic partnerships and collaborations: In the Global Glyphosate Market, strategic partnerships and collaborations are crucial for driving innovation and expanding market reach. Companies in the glyphosate sector often partner with agricultural organizations, research institutions, and technology providers to enhance product formulations, improve application methods, and develop sustainable practices. These collaborations can lead to the development of glyphosate formulations that are more effective and environmentally friendly, helping companies meet increasing regulatory demands and consumer preferences for sustainable agriculture. For instance, partnerships with research institutions can accelerate the discovery of new glyphosate-resistant crop varieties, while collaborations with technology providers can lead to the creation of advanced application equipment that optimizes glyphosate usage and reduces environmental impact.
Strategic alliances within the glyphosate market can facilitate market expansion by leveraging complementary strengths and resources. By forming joint ventures or strategic alliances, companies can enter new geographic markets, tap into emerging agricultural economies, and benefit from localized expertise. Such partnerships can also provide access to new distribution channels and customer bases, enhancing market penetration and growth. For example, collaborations between glyphosate manufacturers and regional distributors can improve supply chain efficiency and ensure that products are readily available to farmers in different regions. Overall, strategic partnerships and collaborations play a vital role in the dynamic and evolving glyphosate market, driving innovation, expanding market presence, and addressing the growing demand for sustainable agricultural solutions.
Competitive Landscape Analysis
Key players in Global Glyphosate Market include:
- Bayer AG
- Corteva Agriscience
- BASF SE
- Syngenta AG
- Monsanto Company (now part of Bayer)
- FMC Corporation
- Dow AgroSciences LLC (now part of Corteva)
- Nufarm Limited
- ADAMA Agricultural Solutions Ltd.
- UPL Limited
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Crop
- Market Snapshot, By Formulation
- Market Snapshot, By Application
- Market Snapshot, By Region
- Global Glyphosate Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increasing agricultural demand
- Broad-spectrum weed control
- Cost-effective herbicide option
- Global crop yield improvement
- Technological advancements in formulation
- Restraints
- Environmental and health concerns
- Regulatory restrictions tightening
- Market competition from alternatives
- Glyphosate-resistant weed emergence
- Public perception issues
- Opportunities
- Expansion in developing markets
- Innovation in application technologies
- Integrated pest management systems
- Biodegradable glyphosate formulations
- Strategic partnerships and collaborations
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
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Global Glyphosate Market, By Crop, 2021 - 2031 (USD Million)
- GM Crops
- Conventional Crops
- Global Glyphosate Market, By Application, 2021 - 2031 (USD Million)
- Conventional Crops
- Genetically Modified Crops
- Global Glyphosate Market, By Formulation, 2021 - 2031 (USD Million)
- Liquid Formulations
- Solid Formulations
- Global Glyphosate Market, By Geography,2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
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- Competitive Landscape
- Company Profiles
- Bayer AG
- Corteva Agriscience
- BASF SE
- Syngenta AG
- Monsanto Company (now part of Bayer)
- FMC Corporation
- Dow AgroSciences LLC (now part of Corteva)
- Nufarm Limited
- ADAMA Agricultural Solutions Ltd.
- UPL Limited
- Company Profiles
- Analyst Views
- Future Outlook of the Market