Global Glyphosate Toxicity Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Glyphosate Toxicity Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Glyphosate is a broad-spectrum systemic herbicide and crop desiccant. It is an organic phosphorus compound.

Glyphosate is a moderately toxic herbicide.

Market Overview:

The latest research study on the global Glyphosate Toxicity market finds that the global Glyphosate Toxicity market reached a value of USD 5269.3 million in 2022. It’s expected that the market will achieve USD 7821.0 million by 2028, exhibiting a CAGR of 6.8% during the forecast period.

Growing demand for genetically modified crops

Transgenic is the use of modern biotechnology to artificially isolate the good genes of one organism and introduce them into the genome of another organism, thereby improving the original traits of the organism or giving it new traits. Genetically modified crops not only produce good benefits in agriculture, socio-economic and environmental aspects, but also improve food safety and nutrition levels. The continued increase in the area planted with genetically modified crops may help reduce global hunger and malnutrition. Although there is much controversy over the safety of genetically modified crops, the types of genetically modified crops, planting area, types of processed foods, and people eating are still expanding year by year. Glyphosate is the active ingredient of an herbicide used to control the growth of broadleaf weeds and grasses. Glyphosate works by preventing the production of proteins needed for plant growth. Most GM crops in the world are glyphosate-resistant. Weeds are killed when glyphosate herbicide is sprayed. However, GM crops are not killed because they are resistant to glyphosate. The purpose of weeding. With the development of genetically modified crops, the glyphosate market will further expand.

The product may have an adverse effect on the environment

Glyphosate products may be harmful to some animals or plants when they are used, causing adverse effects on the ecology. Glyphosate is generally less toxic to fish and wildlife, but some products may contain other ingredients that cause toxicity. In addition, glyphosate may cause some damage to the ecology after killing the plants, and change the habitat of some wild animals.

Region Overview:

In global comparison, a significant portion of the revenue was generated in Asia-Pacific (45.95% in 2022).

Company Overview:

Monsanto is one of the major players operating in the Glyphosate Toxicity market, holding a share of 31.56% in 2023.

Monsanto

Monsanto Company is the agricultural biotechnology division of Bayer, a German pharmaceutical and chemical multinational group. Its flagship product, Roundup, is a globally known glyphosate herbicide.

Hengyang Roymaster

Hubei Xingfa Chemical Group Co., Ltd. was established in 1994. It is a listed company whose main business is the development, production and sales of phosphorus chemical products and fine chemical products.

Segmentation Overview:

By type, Glycine Process segment accounted for the largest share of market in 2022.

Application Overview:

By application, the Soluble Liquid (SL) Glyphosate Herbicide segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Glyphosate Toxicity market covered in Chapter 3:

Monsanto
Guangxin Corporation
Hubei Xingfa Chemicals Group
FuHua Group
HDF Chemical
Nantong Jiangshan Agrochemical & Chemicals
Wynca
Sichuan Hebang
Jiangsu Good Harvest-Weien Agrochemical
Jiangsu Yangnong Chemical

In Chapter 4 and Chapter 14.2, on the basis of types, the Glyphosate Toxicity market from 2018 to 2029 is primarily split into:

IDA Process
Glycine Process

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Glyphosate Toxicity market from 2018 to 2029 covers:

Soluble Liquid (SL) Glyphosate Herbicide
Soluble Powders (SP) Glyphosate Herbicide
Soluble Granules (SG) Glyphosate Herbicide

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)