Glyphosates Market: Global Opportunity Analysis and Industry Forecast, 2020–2027
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A07005
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Sep 2020 |
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Request Now !Glyphosates Market Analysis 2020-2027:
Glyphosates are pesticides that are utilized to inhibit the growth of microbes and spore illnesses. Glyphosate is a type of herbicide with a molecular weight of 169g. Glyphosate is a type of amino acid glycine, where one of the amino hydrogens is replaced with a phosphonomethyl group. Glyphosate is regularly used in the agriculture industry to manipulate weed in a wide variety of crops inclusive of cereals, grains, pulses, fruits, vegetables, tubers, and other crops. It is powerful in preventing the growth of weeds such as chickweed, barnyard grass, and dandelion. It is applied on the leaves of flora for reduction of both broadleaf flora in addition to grasses. Moreover, the sodium salt shape of glyphosate is used for regulating plants growth and ripening of fruit. In addition, increase in awareness among farmers related to plant boom improvement along with agricultural upliftment is anticipated to boost the growth of the global glyphosate market during the forecast period.
Market scope and structure analysis
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Report Metric |
Details |
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Market size available for years |
2019–2027 |
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Base year considered |
2019 |
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Forecast period |
2020–2027 |
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Forecast unit |
Million (USD) |
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Segments covered |
Type, Form, Application, and Region |
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Regions covered |
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Companies covered |
Anhui Huaxing Chemical Industry Company Ltd., BASF Corporation, Bayer Cropscience Ltd., DuPont, Dow AgroSciences, FMC Corporation, Monsanto Company, Jiangsu Good Harvest-Weien Agrochemical Co. Ltd., Nantong Jiangshan Agrochemical & Chemicals Co. Ltd., Nufarm Limited, SinoHarvest Corporation, and Syngenta |
Segmentation by crop type
- Genetically modified crops
- Conventional crops
- Segmentation by form
- Liquid
- Dry
Segmentation by application
- Grains & cereals
- Oilseeds & pulses
- Fruits & vegetables
- Others includes sugarcane, plantation crops, and pastures
COVID–19 scenario analysis
Unavailability of labor has halted the operations across various industries. Increase in use of mechanical harvesters for paddy has helped within the present circumstances.. The most critical issue that farmers need to surmount is the problem of repaying their crop loans and gold loans as a minimum for those who have borrowed from the formal banking sector.
Market scenario analysis
Rise in production of genetically modified crops coupled with increase in meals intake and surge in demand for livestock feed are anticipated to propel the growth of the glyphosate market during the forecast period. In addition, adoption of superior farming techniques, rise in risk of fungal attacks on vegetation, and low charges related to the usage of fungicides as compared to other methods have boosted the demand for glyphosate products. Moreover, global upward thrust in agricultural land, modern agriculture practices, and changes in harvesting developments are accelerating the growth of the glyphosate market. As population grows, the demand for food and other sources, including energy, water, and agriculture merchandise increases. This component is increasing the prices of agriculture merchandise. Farmers are using contemporary agricultural equipment to grow flowers and vegetation to earn maximum profits. However, growing toxicity risks are predicted to hinder the growth of the market during the forecast period.
Market trends
Herbicide-tolerant yield half breeds are hereditarily built mixtures where the vegetation is tolerant to non-selective herbicides, which include glyphosate. Since glyphosate is the most effective herbicide, which helps in full oversight of weeds, regardless of species and physiology, the major part of the research work is focused at glyphosate resistance. The adoption of herbicide tolerance among farmers is anticipated to be rapid, but the long-pending approval from various government companies is declining the development of the global glyphosate market.
Increase in product utilization in soil enhancement activity is possibly to propel the product demand during the forecast period. Growing demand for glyphosate in defensive soil erosion and fertility will fuel the industry expansion. Product advantages such as low cost and less soil & surroundings degradation are anticipated to boost the market growth for glyphosate during the forecast period..
Regional insights
Asia-Pacific is anticipated to serve as the lucrative market for glyphosates, owing to increase in adoption of modern agriculture practices, excessive weed growth, and adoption of genetically modified crops within the region. Moreover, massive population boom supported by economic development has fueled the demand for food & beverage products, creating a necessity to enhance the agricultural productivity.
Key benefits of the report
- This study presents the analytical depiction of the global glyphosate industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global glyphosate market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the global glyphosate market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed market analysis depending on competitive intensity and how the competition will take shape in coming years.
Questions answered in the global glyphosate market research report:
- Which are the leading players active in the glyphosate market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What are the projections for the future that would help in taking further strategic steps?
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
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- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
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Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
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AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
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