Glyphosate Market
By Application;
Agricultural [Grains & Cereals, Oilseeds & Pulses, Fruits & Vegetables & Others], Non-Agricultural [GM Crops and Conventional Crops]By Glyphosate Form;
Solid and LiquidBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Glyphosate Market Overview
Glyphosate Market (USD Million)
Glyphosate Market was valued at USD 6,698.13 million in the year 2024. 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%.
Glyphosate Market
*Market size in USD million
CAGR 4.3 %
Study Period | 2025 - 2031 |
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Base Year | 2024 |
CAGR (%) | 4.3 % |
Market Size (2024) | USD 6,698.13 Million |
Market Size (2031) | USD 8,993.81 Million |
Market Concentration | High |
Report Pages | 368 |
Major Players
- 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
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Glyphosate Market
Fragmented - Highly competitive market without dominant players
The Glyphosate Market is witnessing significant expansion as adoption rises across agriculture and industrial applications. Usage has grown by nearly 40% due to its effectiveness in controlling diverse weeds and ensuring cost-efficient crop protection. Its broad application scope continues to make glyphosate a vital component in productivity-driven practices.
Increasing Agricultural Usage
Over 55% of glyphosate demand comes from the agricultural sector, particularly in cereals, oilseeds, and pulses. Farmers rely on it to enhance productivity and streamline weed control practices. With modern farming intensifying, glyphosate remains a critical tool in supporting sustainable food supply chains.
Role in Crop Yield Improvement
Adoption of glyphosate has improved agricultural yields by around 35%, ensuring better nutrient absorption and crop growth. By reducing weed competition, crops benefit from more sunlight, water, and soil fertility. This efficiency underscores glyphosate’s importance in boosting agricultural output and food availability.
Industrial and Non-Farming Applications
Beyond agriculture, glyphosate use in public landscapes, forestry, and infrastructure has increased by nearly 30%. Its application in maintaining railways, roadsides, and industrial areas highlights its versatility. These uses not only promote operational safety but also contribute to environmental management efforts.
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.
Glyphosate Market Segment Analysis
In this report, the Glyphosate Market has been segmented by Crop, Application, Formulation and Geography.
Glyphosate Market, Segmentation by Crop
The Glyphosate Market has been segmented by Crop into GM Crops, Conventional Crops.
The Glyphosate Market has been segmented by Crop into GM Crops and Conventional Crops.
GM CropsGM crops represent nearly 70% of glyphosate demand, driven by their herbicide-tolerant traits. These crops allow farmers to apply glyphosate without damaging plants, ensuring higher yields and reduced weed competition. Their cost-effectiveness and efficiency make them the leading contributor to glyphosate usage worldwide.
Conventional CropsConventional crops account for about 30% of the market. While they lack herbicide-tolerant characteristics, glyphosate remains widely used for pre-planting and post-harvest weed control. Its broad-spectrum activity enhances soil preparation and crop productivity, making it a valuable choice where GM crop adoption is limited.
Glyphosate Market, Segmentation by Formulation
The Glyphosate Market has been segmented by Formulation into Liquid Formulations and Solid Formulations.
The Glyphosate Market has been segmented by Formulation into Liquid Formulations and Solid Formulations.
Liquid FormulationsLiquid formulations account for nearly 75% of the global glyphosate market. They are favored for their ease of application, quick absorption, and compatibility with mechanized spraying systems. Farmers benefit from their broad-spectrum weed control, improved efficiency, and cost-effectiveness, making liquid formulations the leading choice worldwide.
Solid FormulationsSolid formulations, including granules and powders, represent around 25% of the market. These formulations are valued for their longer shelf life, storage convenience, and suitability in areas with limited spraying infrastructure. Their growing adoption in emerging agricultural regions demonstrates their importance in enhancing productivity and accessibility.
Glyphosate Market, Segmentation by Application
The Glyphosate Market has been segmented by Application into Conventional Crops and Genetically Modified Crops.
The Glyphosate Market has been segmented by Application into Conventional Crops and Genetically Modified Crops.
Conventional CropsConventional crops account for about 35% of glyphosate demand. Farmers use it extensively for pre-planting and post-harvest weed control, ensuring better soil preparation and higher yields. Despite growing GM adoption, conventional crops remain a vital segment, particularly in regions with slower biotechnology penetration.
Genetically Modified CropsGenetically Modified (GM) crops represent nearly 65% of total glyphosate usage. These crops are engineered with herbicide-tolerant traits, allowing effective weed management without crop damage. Their widespread adoption boosts productivity, lowers input costs, and makes GM crops the dominant driver of glyphosate market demand.
Glyphosate Market, Segmentation by Geography
In this report, the Glyphosate Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
Glyphosate Market Share (%), by Geographical Region
In this report, the Glyphosate Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
North AmericaNorth America accounts for nearly 40% of global glyphosate demand. The dominance of genetically modified crops and advanced mechanized farming in the U.S. and Canada drives strong consumption. Farmers prefer glyphosate for efficient weed management and reduced production costs.
EuropeEurope holds about 20% of market demand, shaped by strict regulations and a strong emphasis on sustainability. While restrictions limit growth, glyphosate remains a key herbicide for both conventional and GM crop farming in nations like France, Germany, and Spain.
Asia PacificAsia Pacific represents roughly 25% of the glyphosate market. Growing agricultural expansion in China, India, and Southeast Asia, combined with rising food demand, fuels consumption. Despite regulatory hurdles, the region continues to be a major growth hub.
Middle East and AfricaMiddle East and Africa contribute around 7% of global demand. Expansion of agricultural land and adoption of modern farming technologies are driving usage, supported by agribusiness investments and food security programs.
Latin AmericaLatin America makes up nearly 8% of glyphosate consumption, with Brazil and Argentina leading. The large-scale cultivation of soybean, maize, and sugarcane ensures steady demand, reinforced by favorable climate conditions and reliance on GM crops.
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.
Glyphosate Market Competitive Landscape Analysis
Glyphosate Market is characterized by intense competition, with leading producers accounting for more than 65% of supply across key regions. Market rivalry is heightened due to rising demand in agriculture and industrial applications. The focus remains on growth, expansion, and partnerships, as companies strengthen their networks to capture higher percentages of market share.
Market Structure and Concentration
The market reflects moderate to high concentration, where multinational players hold above 70% of market presence. Strategic mergers and collaborations continue to shape industry concentration. Smaller firms leverage niche strengths, while dominant producers implement integrated strategies for securing distribution and long-term supply percentages across competitive landscapes.
Brand and Channel Strategies
Brand positioning in the glyphosate segment emphasizes reliability and cost efficiency, with nearly 55% of sales driven through direct distribution channels. Companies adopt multi-channel strategies, integrating digital platforms with retail networks. Robust collaboration with distributors and innovative marketing campaigns have strengthened growth percentages, enhancing competitive visibility in agricultural sectors.
Innovation Drivers and Technological Advancements
Around 48% of manufacturers invest heavily in R&D to develop glyphosate blends with improved efficiency and reduced ecological impact. Technological advancements are driving sustainable formulations, aligned with regulatory standards. Innovation in production methods, coupled with digital integration, highlights the sector’s commitment to growth and future-focused competitiveness.
Regional Momentum and Expansion
Asia-Pacific dominates with more than 40% share, driven by agricultural intensity and favorable policies. Expansion efforts are particularly strong in Latin America, showing consistent double-digit percentages in uptake. Regional partnerships and strategic expansion initiatives reinforce the presence of global leaders, while Europe focuses on regulated strategies supporting sustainable adoption.
Future Outlook
The future outlook of the glyphosate market highlights steady demand growth, with over 50% of companies planning capacity expansion. Enhanced collaborations, new strategies, and strong commitment to sustainable practices will define the next decade. Continuous innovation and adoption of advanced processes will sustain competitiveness, ensuring stable percentages of long-term market resilience.
Key players in Glyphosate Market include:
- Bayer AG
- Syngenta AG
- BASF SE
- UPL Limited
- Adama Agricultural Solutions Ltd.
- Nufarm Limited
- Corteva Agriscience
- FMC Corporation
- DuPont de Nemours, Inc.
- American Vanguard Corporation
- Sumitomo Chemical Co., Ltd.
- China National Chemical Corporation (ChemChina)
- Jiangsu Good Harvest-Weien Agrochemical Co., Ltd.
- Shandong Weifang Rainbow Chemical Co., Ltd.
- Hebei Veyong Bio-Chemical Co., Ltd.
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- 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 Application
- Market Snapshot, By Glyphosate Form
- Market Snapshot, By Region
- 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
- Glyphosate Market, By Application, 2021 - 2031 (USD Million)
- Agricultural
- Grains & Cereals
- Oilseeds & Pulses
- Fruits & Vegetables
- Others
- Non-Agricultural
- GM Crops
- Conventional Crops
- Agricultural
- Glyphosate Market, By Glyphosate Form, 2021 - 2031 (USD Million)
- Solid
- Liquid
- 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
- Glyphosate Market, By Application, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Bayer AG
- Syngenta AG
- BASF SE
- UPL Limited
- Adama Agricultural Solutions Ltd.
- Nufarm Limited
- Corteva Agriscience
- FMC Corporation
- DuPont de Nemours, Inc.
- American Vanguard Corporation
- Sumitomo Chemical Co., Ltd.
- China National Chemical Corporation (ChemChina)
- Jiangsu Good Harvest-Weien Agrochemical Co., Ltd.
- Shandong Weifang Rainbow Chemical Co., Ltd.
- Hebei Veyong Bio-Chemical Co., Ltd.
- Company Profiles
- Analyst Views
- Future Outlook of the Market