Glyphosate Market- Global Forecast to 2022

1. MarketsandMarkets™ Presents Glyphosate Market- Global Forecast to 2022 https://www.marketsandmarkets.com/Market-Reports/glyphosate-market-8522593.html

2. The report "Glyphosate Marketby 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.asp?id=8522593

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: • North America • Europe • Asia Pacific • South America • RoW (Africa and the Middle East)

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 Conyzabonariensis. 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/requestsampleNew.asp?id=8522593

5. The genetically modified crops segment is projected to be the fastest-growing market during the period 2016–2022 • 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 2016–2022 • 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_BuyingNew.asp?id=8522593

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