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Glyphosate Market Share

Report ID: GMI231
Published Date: Aug 2024
Report Format: PDF

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Glyphosate Market Share

The competitive landscape for the glyphosate industry features a mix of multinational corporations and regional companies, each vying for market share through various strategies. BASF Corporation, Bayer CropScience Ltd., and Dow AgroSciences are notable for their extensive research and development efforts, continuously working on new formulations and technologies to improve the efficacy and safety of glyphosate products. These companies also leverage their global distribution networks to reach a wide customer base. Meanwhile, companies like DuPont and FMC Corporation focus on strategic partnerships and acquisitions to expand their product portfolios and enhance their market presence.

Regional players such as Aimco Pesticides Limited, ALPL Agrochemicals, and Bhaskar Agrochemicals Ltd. contribute to the market by catering to specific local needs and preferences. Anhui Huaxing Chemical Industry Company Ltd. and Aristo Biotech & Life Science Pvt. Ltd. emphasize cost-effective production methods to offer competitively priced glyphosate products. These companies often have strong ties with local farmers and agricultural businesses, giving them an edge in understanding and meeting regional demands. The market remains dynamic, with ongoing innovation and competition shaping the availability and diversity of glyphosate products.

Glyphosate Market Companies

Major players operating in the glyphosate industry include:

Aimco Pesticides Limited
ALPL Agrochemicals
Anhui Huaxing Chemical Industry Company Ltd.
Aristo Biotech & Life Science Pvt. Ltd.
BASF Corporation
Bayer Cropscience Ltd.
Bhaskar Agrochemicals Ltd.
Crop Life Science Ltd.
Dow AgroSciences
DuPont
FMC Corporation

Authors: Kunal Ahuja, Manish Verma

Frequently Asked Questions (FAQ) :

Market size for glyphosate was USD 6.21 billion in 2023 and will expand at a 4.5% CAGR between 2024 and 2032, owing to increasing global demand for agricultural productivity and the need for effective weed management solutions.

Glyphosate industry from the GM crops segment will achieve USD 4.72 billion by 2032, propelled by the widespread adoption of genetically modified crops engineered for glyphosate resistance.

Asia Pacific industry will reach USD 3.46 billion by 2032 due to its significant agricultural production and increasing adoption of modern farming techniques.

Prominent players including Aimco Pesticides Limited, ALPL Agrochemicals, Anhui Huaxing Chemical Industry Company Ltd., Aristo Biotech & Life Science Pvt. Ltd., BASF Corporation, Bayer Cropscience Ltd., Bhaskar Agrochemicals Ltd., Crop Life Science Ltd., Dow AgroSciences, DuPont, and FMC Corporation, are operating in the glyphosate industry.