Global Glyphosate Market: Market Participants
Asia Pacific is anticipated to hold significant market share in the global market and it is expected to continue through the forecast period. This is mainly because of increasing adoption of generally modified crops and also due to availability of arable land in China and India. Additionally with the growing demand, many Chinese companies are also entering in the glyphosate market, leading to increase in production activities in this region. Glyphosate-tolerant crops are readily adopted in the U.S. and Latin America, mainly after the launch of Monsanto’s Roundup Ready. Owing to which Latin America is estimated to account for the largest market share for glyphosate market in the near future, mainly due to the increasing demand for glyphosate in countries such as Argentina and Brazil. However, Asia-Pacific is projected to be the fastest-growing market during the forecast period, due to the high adoption of the upgraded crop protection technologies. Due to awareness related to the efficient use of glyphosate, Indian farmers are also adopting glyphosate as a crop protection tool.
Global Glyphosate Market: Segmentation
Global Glyphosate Market can be segmented on the basis of crop type, by form, by application and by region.
On the basis of crop type, the global glyphosate market can be segmented as
- Genetically Modified Crops
- Conventional Crops
On the basis of form, the global glyphosate market can be segmented as
On the basis of applications, the global glyphosate market can be segmented as
- Oilseeds & Pulses
- Grains & Cereals
- Fruits & Vegetables
On the basis of regions, the global glyphosate market can be segmented as
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- South East Asia and Pacific (India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
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