Global Glyphosate Market Size is valued at USD 8.9 Bn in 2024 and is predicted to reach USD 12.4 Bn by the year 2034 at a 3.5% CAGR during the forecast period for 2025-2034.
Glyphosate is a class of herbicide effective against grasses, weeds, and fungi/spore diseases. It is effective at eliminating seasonal plant weeds and grasses that pose a threat to agricultural yields. Over the forecast period, the global glyphosate market is expected to expand due to rising glyphosate use in agricultural and non-agricultural settings, rising demand for high-value crops, and rising acceptance and popularity of genetically modified crops like cotton and soybean.
In addition, farmers' increasing approval of herbicide-tolerance technology for conventionally grown produce and the rising adoption of glyphosate are anticipated to fuel market expansion further. In addition, the cheap economic cost and low environmental degradation are expected to have favourable effects on the glyphosate market in the next years. However, due to the negative impact glyphosate has on human health and the environment, the government has placed severe regulations on its use.
However, with the development of glyphosate-resistant strains in the coming years, weeds are predicted to slow the expansion of the glyphosate business. The widespread application of chemical pesticides has prompted new worries about their effects on the natural world. In addition, the demand for glyphosate was high before the spread of COVID-19. Due to a shortage of workers, mass production shutdowns, and supply chain disruptions, many manufacturers halted operations, leading to a corresponding increase in demand for glyphosate products and the rising need for eco-friendly strategies.
The glyphosate market is segmented based on crop type, application, and function. According to crop type, the market is segmented into genetically modified crops and conventional crops. The application segment includes agriculture, household, industrial and others. By function, the market is segmented into weed management solutions, improved soil health, improved planting efficiency, and others.
The genetically modified crop glyphosate category is expected to record a major global market share in 2022. Crops bred to be resistant to herbicides like glyphosate provide farmers additional options for when to spray for weeds and make weed control easier overall. Beets, maize, soybeans, sugar canola, cotton, and wheat are only some examples of genetically modified crop varieties that are resistant to glyphosate.
The weed management solution segment is projected to grow rapidly in the global Glyphosate market. Preventing annual weeds from going to seed is an effective way to keep the soil's seed bank from being restocked with new weeds. Preemergence and postemergence pesticide applications during crop growth can reduce weeds and prevent weed seed formation, especially in countries like the US, Germany, the UK, China, and India.
The Asia Pacific glyphosate market activity is anticipated to record the largest market share in revenue in the near future. It can be attributed to enhanced crop protection technology adoption and increased public knowledge about the herbicide glyphosate. The market's growth is expected to continue during the projected period because of the increased spending on glyphosate chemical pesticide initiatives. In addition, Europe is estimated to grow rapidly in the global glyphosate market due to the increasing popularity of herbicide-tolerant hybrids and the widespread use of GM crops like pumpkin, potato, sugar beet, and papaya in this region.
| Report Attribute | Specifications |
| Market Size Value In 2024 | USD 8.9 Bn |
| Revenue Forecast In 2034 | USD 12.4 Bn |
| Growth Rate CAGR | CAGR of 3.5% from 2025 to 2034 |
| Quantitative Units | Representation of revenue in US$ Bn, Volume (KT) and CAGR from 2025 to 2034 |
| Historic Year | 2021 to 2024 |
| Forecast Year | 2025-2034 |
| Report Coverage | The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
| Segments Covered | By Crop Type, Application, Function |
| Regional Scope | North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
| Country Scope | U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico ;The UK; France; Italy; Spain; South Korea; South East Asia |
| Competitive Landscape | HPM Chemicals & Fertilizers Ltd., Indofil Industries Ltd., Monsanto Australia Ltd., Nufarm Ltd., Dow AgroSciences Australia Ltd., BASF SE, Corteva Agriscience, Syngenta AG, Adama Agricultural Solutions Ltd, Sikko Industries Ltd, SinoHarvest, DuPont, Nantong Jiangshan Agrochemical & Chemicals Co., Ltd., Zhejiang Xinan Chemical Industrial Group Company, Ltd, Jiangsu Good Harvest-Weien Agrochemical Co., Ltd, Anhui Huaxing Chemical Industry Company, Bayer CropScience, Others |
| Customization Scope | Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
| Pricing And Available Payment Methods | Explore pricing alternatives that are customized to your particular study requirements. |
Glyphosate Market By Crop Type -
Glyphosate Market By Application -
Glyphosate Market By Function -
Glyphosate Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
This study employed a multi-step, mixed-method research approach that integrates:
This approach ensures a balanced and validated understanding of both macro- and micro-level market factors influencing the market.
Secondary research for this study involved the collection, review, and analysis of publicly available and paid data sources to build the initial fact base, understand historical market behaviour, identify data gaps, and refine the hypotheses for primary research.
Secondary data for the market study was gathered from multiple credible sources, including:
These sources were used to compile historical data, market volumes/prices, industry trends, technological developments, and competitive insights.
Primary research was conducted to validate secondary data, understand real-time market dynamics, capture price points and adoption trends, and verify the assumptions used in the market modelling.
Primary interviews for this study involved:
Interviews were conducted via:
Primary insights were incorporated into demand modelling, pricing analysis, technology evaluation, and market share estimation.
All collected data were processed and normalized to ensure consistency and comparability across regions and time frames.
The data validation process included:
This ensured that the dataset used for modelling was clean, robust, and reliable.
The bottom-up approach involved aggregating segment-level data, such as:
This method was primarily used when detailed micro-level market data were available.
The top-down approach used macro-level indicators:
This approach was used for segments where granular data were limited or inconsistent.
To ensure accuracy, a triangulated hybrid model was used. This included:
This multi-angle validation yielded the final market size.
Market forecasts were developed using a combination of time-series modelling, adoption curve analysis, and driver-based forecasting tools.
Given inherent uncertainties, three scenarios were constructed:
Sensitivity testing was conducted on key variables, including pricing, demand elasticity, and regional adoption.