Glufosinate Ammonium Market Size, Share & Trends Analysis Report By Crop (Non-GM Crops, Genetically Modified (GM) Crops), By Form (Dry, Liquid), By Application (Non-Agricultural, Agricultural), By Region, And Segment Forecasts, 2024 - 2030
Glufosinate Ammonium Market Size & Trends
The global glufosinate ammonium market size was estimated at USD 481.4 million in 2023 and is expected to grow at a CAGR of 9.9% from 2024 to 2030.Glufosinate ammonium is currently attracting significant interest due to its high efficiency, low toxicity, and ease of decomposition. It is utilized in both agricultural and non-agricultural settings.
The production of various organic herbicides by Streptomyces soil bacteria that hinder the function of glutamine synthetase (GS), an enzyme vital for glutamine synthesis and ammonia detoxification, has garnered attention. The market is expanding due to its diverse range of applications and high efficacy. Additionally, the conversion of Bialaphos, a naturally occurring herbicide, into glufosinate by plants has been noted. Furthermore, it is anticipated that the flourishing agriculture industry will also contribute to the growth of the market in the forecast period.
Global Glufosinate Ammonium Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global glufosinate ammonium market report based on crop, form, application, and region:
Crop Categories Outlook (Volume, Kilo Tons; Revenue, USD Million; 2018 - 2030)
Non-GM Crops
Genetically Modified (GM) Crops
Form Categories Outlook (Volume, Kilo Tons; Revenue, USD Million; 2018 - 2030)
Dry
Liquid
Application Outlook (Volume, Kilotons; Volume, Kilo Tons; Revenue, USD Million, 2018 - 2030)
Non-Agricultural
Agricultural
Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
Italy
France
Spain
Asia Pacific
China
India
Japan
South Korea
Thailand
Central & South America
Brazil
Argentina
Middle East & Africa
Saudi Arabia
South Africa
Please note The report will be delivered in 2-3 business days upon order notification.