Global Glufosinate Market Size By Form, By Crop Type, By Application, By Geographic Scope And Forecast

Glufosinate Market Size And Forecast

Glufosinate Market size was valued at USD 2.38 Billion in 2024 and is projected to reach USD 4.63 Billion by 2031, growing at a CAGR of 8.68% from 2024 to 2031.

Global Glufosinate Market Drivers

The market drivers for the Glufosinate Market can be influenced by various factors. These may include

• Growing Need for Herbicides Glufosinate is mostly applied as a broad-spectrum herbicide to manage weeds in a variety of crops, including cotton, corn, soybeans, and other crops. The need for herbicides like glufosinate to shield crop yields from weed competition is driven by the need for higher agricultural production brought on by the world’s rising population.
• Growth of Agriculture It is anticipated that the use of herbicides, such as glufosinate, would increase as agricultural operations grow to fulfil the need for food and other agricultural goods. Increased acreage for agriculture, especially in developing nations, supports the rise of the glufosinate market.
• Transition to Sustainable and Bio-based Agriculture As worries about the health and sustainability of the environment grow, so does the preference for bio-based herbicides over synthetic ones. Fitting into this trend, glufosinate is generated from a naturally occurring substance produced by a bacterium, which propels its market expansion.
• Resurgence of GM Crop Adoption Genetically modified (GM) crops that have been developed to withstand herbicides are frequently combined with glufosinate. The growing acceptance of genetically modified agriculture, especially in North and South America, increases the need for herbicides containing glufosinate.
• Government Policies and Regulations The market dynamics of glufosinate can be greatly influenced by regulatory frameworks pertaining to the use of pesticides, including glufosinate. The supply and demand of glufosinate can be impacted by changes in laws, such as prohibitions on specific herbicides or adjustments to maximum residue limits (MRLs) for food products.
• Management of Pest Resistance Herbicide-resistant weeds have emerged as a result of ongoing use of herbicides such as glyphosate. The market is growing because farmers are using alternative herbicides, such as glufosinate, more frequently to control resistant weed populations.
• Research and Development Efforts to enhance the safety, effectiveness, and methods of administration of herbicides based on glufosinate have the potential to propel market growth. Novelties in product development and formulation technology could provide new market niches and prospects for glufosinate.

Global Glufosinate Market Restraints

Several factors can act as restraints or challenges for the Glufosinate Market. These may include

• Regulatory Restrictions Because glufosinate poses a risk to human health or the environment, regulatory agencies may place restrictions on its use. Stricter laws may restrict the expansion of its market.
• Availability of Alternatives The market for glufosinate may be constrained by the availability of substitute herbicides or weed-control techniques that are thought to be safer or more efficient.
• Environmental Concerns As people become more conscious of and concerned about environmental problems, like contaminated water or harm to organisms that are not the intended target, the market for glufosinate may decline.
• Resistance Development Extended and extensive use of glufosinate may cause target weeds to become resistant, which will lessen the herbicide’s effectiveness and demand.
• Price volatility Variations in the cost of manufacturing processes or in the pricing of essential raw materials can have an impact on the total cost of producing glufosinate, which could have an effect on its ability to compete in the market.
• Market Saturation Since the majority of potential customers in developed markets with widespread adoption of glufosinate already use the product, further expansion may be constrained by market saturation.
• Trade Barriers Trade barriers that impede the free movement of glufosinate between nations, such as tariffs or import/export restrictions, can have an impact on market expansion.
• Public Perception and Acceptance Customer preferences and demand might be influenced by unfavourable public perception or worries about the safety of genetically modified crops resistant to glufosinate or its residues in food products.

Global Glufosinate MarketSegmentation Analysis

The Global Glufosinate Market is segmented on the basis of Form, Crop Type, Application, And Geography.

Glufosinate Market, By Form

• Liquid
• Dry

Based on Form, the market is bifurcated into Liquid and Dry. The liquid glufosinate segment holds the largest market share and is estimated to witness the highest CAGR for the forecast period. The liquid formulation of glufosinate is widely used as it has low-temperature stability as compared to dry formulations, which has a long process of usage and has advantages such as mixing readily with water, non-volatile, not abrasive and ease of transport, storage which enhances the demand of liquid glufosinate.

Glufosinate Market, By Crop Type

• Genetically modified crops
• Conventional crops

Based on Crop Type, the market is bifurcated into Genetically Modified Crops and Conventional Crops. Genetically modified crops dominated the market as they hold the largest market share. The factors that can be attributed to its major use in the production of various products and wider availability. Genetically modified techniques are widely used to make crops herbicide-resistant owing to their cost-effective characteristic and weed-controlling properties boosting the demand for this segment.

Glufosinate Market, By Application

• Non-Agricultural
• Agricultural
• Oilseeds & Pulses
• Grains & Cereals
• Fruits & Vegetables
• Others

Based on Application, the market is bifurcated into Non-Agricultural, Agricultural, Oilseeds & Pulses, Grains & Cereals, Fruits & Vegetables, and Others. The grains & cereals segment accounted for the largest market share. The factors that can be attributed to the growing yield of agricultural crops such as corn, soybean, beans, canola, sugar beets, sugar cane, and sweet potato are genetically modified to tolerate glufosinate. These are the highest cash-producer crop type, thus, accelerating the demand for glufosinate in the grains & cereals segment.

 Glufosinate Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the world

On the basis of Geography, The Global Glufosinate Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America holds the largest market share in terms of both value and volume, in the Global Glufosinate Market. The increasing acreage under glufosinate-tolerance crops, resistance development to glyphosate herbicide products in countries of the North American region, and rise in consumer base in the U.S region will boost the market in this region.

Key Players

The major players in the Glufosinate Market are

• The DOW Chemical Company
• UPL
• Nufarm Limited
• Zhejiang Yongnong Chem. Ind. Co.Ltd
• Veyong
• E.I. Du Pont De Nemours and Company
• Syngenta AG
• Bayer AG
• Jiangsu Huangma Agrochemicals Co.Ltd.
• Jiangsu Sevencontinent Green Chemical Co.Ltd.
• I. du Pont de Nemours and Company
• Lier Chemical Co., Ltd.

Report Scope

Research Methodology of Market Research

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .

Reasons to Purchase this Report

Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factorsProvision of market value (USD Billion) data for each segment and sub-segmentIndicates the region and segment that is expected to witness the fastest growth as well as to dominate the marketAnalysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each regionCompetitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiledExtensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market playersThe current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regionsIncludes in-depth analysis of the market of various perspectives through Porter’s five forces analysisProvides insight into the market through Value ChainMarket dynamics scenario, along with growth opportunities of the market in the years to come6-month post-sales analyst support

Customization of the Report

In case of any please connect with our sales team, who will ensure that your requirements are met.