Glyphosate Market- Global Forecast to 2022 - PowerPoint PPT Presentation

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Glyphosate Market- Global Forecast to 2022

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The glyphosate market is projected to grow at a CAGR of 6.32% from 2016 to 2022, to reach USD 9.91 billion by 2022. The glyphosate market has become more diversified in recent years. Glyphosate, being a non-selective herbicide, is used for various varieties of weeds. Factors such as rapidly growing industrialization and urbanization, globally, has led to a decline in the total land available for cultivation and has increased the pressure on farmers to increase the yield of crops in the land available. This fueled the market growth of the glyphosate. – PowerPoint PPT presentation

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Title: Glyphosate Market- Global Forecast to 2022


1
MarketsandMarkets Presents
Glyphosate Market- Global Forecast to 2022
https//www.marketsandmarkets.com/Market-Reports/g
lyphosate-market-8522593.html
2
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", The glyphosate market
is projected to reach a value of USD 9.91 Billion
by 2022, at a CAGR of 6.32 from 2016 to
2022. 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 The years considered for the study are as
follows Base year 2015 Estimated year
2016 Projected year 2022 Forecast period 2016
to 2022 The market is driven by factors such as
commercialization of GM crops, increased
application in agricultural and non-agricultural
activities. The latter drives the need for
modification in glyphosate products, to be used
in the non-agricultural activities such as
forests and woodlots, industrial oil seed crops
and fiber crops, terrestrial feed crops,
terrestrial food crops, and industrial and
domestic vegetation control non-food
sites. Download PDF Brochure
https//www.marketsandmarkets.com/pdfdownloadNew.a
sp?id8522593
3
  • Scope of the Report
  • This research report categorizes the glyphosate
    market based on crop type, form, application, and
    region.
  • On the basis of crop type, the glyphosate market
    has been segmented into
  • Genetically modified crops
  • Conventional crops
  • On the basis of form, the glyphosate market has
    been segmented into
  • Liquid
  • Dry
  • On the basis of application, the glyphosate
    market has been segmented into
  • Agricultural
  • Grains cereals
  • Oilseeds pulses
  • Fruits vegetables
  • Others includes sugarcane, plantation crops, and
    pastures
  • Non-agricultural
  • On the basis of region, the glyphosate market has
    been segmented into

4
The glyphosate market is projected to grow at a
CAGR of 6.32 from 2016 to 2022, to reach a
projected value of USD 9.91 Billion by 2022. The
glyphosate market has become more diversified in
recent years. Glyphosate, being a non-selective
herbicide, is used for various varieties of
weeds. Factors such as rapidly growing
industrialization and urbanization, globally, has
led to a decline in the total land available for
cultivation and has increased the pressure on
farmers to increase the yield of crops in the
land available. This fueled the market growth of
the glyphosate. The major restraining factor for
the glyphosate market is ban on the production of
GM crops in some countries in Europe. Restriction
on GM crops by various countries will have a
direct effect on the use of glyphosate. Another
challenge faced by glyphosate industry is the
emergence of the glyphosate resistant weeds such
as Palmer amaranth and Conyza bonariensis.
Monsanto (U.S.), one of the prominent players in
the glyphosate market, focuses on developing new
modified glyphosate products and technologies, in
order to prevent growth of glyphosate resistant
weeds and cater to the large customer base. Its
core competencies are diverse product portfolios
that include Roundup Ready PLUS and Roundup
Custom (spray). Syngenta Ag is also one of the
major players that offers various systemic
herbicide products for weed control. In June
2016, Monsanto, Sumitomo Chemical (Japan), and
Valent USA (U.S.) entered into a collaboration
for providing crop protection solutions. In terms
of new product development strategy, Monsanto has
developed herbicide tolerance cotton product
Bollgard II XtendFlex. It ultimately increases
the yield for cotton growers. This product is
pending for regulatory approval. Request
Sample https//www.marketsandmarkets.com/requests
ampleNew.asp?id8522593  
5
The genetically modified crops segment is
projected to be the fastest-growing market during
the period 20162022 Adoption of this new GM-HT
(genetically modified, herbicide tolerant)
technology has increased the use of glyphosate,
rapidly. GE crops require less amount of
pesticides than the conventional crops, and the
yield of crops are also being found to be
increased. For maize, cotton, and soybean in the
U.S., the adoption rate for biotech varieties is
very high. The dry form segment is projected to
be the fastest-growing market during the period
20162022 Glyphosate is available in liquid and
dry forms. Glyphosate products in liquid form
help in product effectiveness efficiency,
application to the crops, and equipment
requirement for the user. It is largely used in
liquid form as sprays and formulations owing to
easy handling, storage, and transportation usage
of dry form of glyphosate is gradually increasing
and making it a preferable alternative amongst
the cultivators. The grains cereals segment,
by agricultural application, accounted for the
largest share in the glyphosate market in 2015 On
the basis of application, the market is segmented
into agricultural and non-agricultural segments.
The grains cereals subsegment under the
agricultural applications accounted for the
largest share in the glyphosate market in 2015.
This is due to the high production of grains
cereals such as wheat, rice, and corn. South
America dominated the glyphosate market in
2015 The South American region was the largest
market for glyphosate in 2015. This can be
attributed to the increase in demand for various
glyphosate products in countries such as Brazil
and Argentina. Brazil is one of the largest
producers of genetically modified-herbicide
tolerant crops such as soybean, cotton, and
sugarcane, this has led to the increased use of
glyphosate in this region. Make an Inquiry
https//www.marketsandmarkets.com/Enquiry_Before_B
uyingNew.asp?id8522593
6
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etsandmarkets
7
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