+1-518-618-1030 866 - 552 - 3453 USA-Canada Toll Free
Published Date: 2014-02-11Number of Pages: 81

Glyphosate Market for Genetically Modified and Conventional Crops - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019

Global Glyphosate Market: Snapshot 

For the last many years farmers around the world are using glyphosate as a non-selective herbicide that controls both broadleaf grass and weeds. The herbicide properties present in glyphosate were first discovered in 1974, Monsanto. The same year, it was first launched in the market. Glyphosate herbicides help enhancing crop tolerance hence, their demand is projected to rise at a significant pace over the forecast period. As per experts, the advent of genetically modified glyphosate resistant crops provided a major boost to the global glyphosate market. 

Considering the benefits it offers, a substantial amount of glyphosate is produced for consumption around the world. Besides this, glyphosate has a wide array of applications including weed control in olive groves, vineyards, fruit orchards, forestry, grass pastures, gardens, parks, and underwater usage in lakes and rivers. As per Transparency Market Research (TMR), the demand for glyphosate will gain pace in the coming years, chiefly driven by factors such as the rising demand for no tillage farming systems. The market is projected to reach US$8.79 bn by the end of 2019. 

On the downside, stringent regulations especially in Europe could limit the expansion of the market in the region. It also faces challenge from the fast evolving glyphosate resistant weed. To counter the impending scenario, leading players in the market are focusing to develop integrated weed management system comprising a calculated combination of various herbicides to avoid dependence on a particular one such as glyphosate herbicide. 

Genetically Modified Crops Segment to Emerge Dominant based on Application 

Based on application, the global glyphosate market has been bifurcated into genetically modified (GM) crops and conventional crops. Among these, the conventional crops exhibited higher demand for glyphosate herbicides, accounting for a dominant share of 54.8% in the global market based on volume in 2012. However, the use of glyphosate for GM crops is rising at a higher speed globally. The segment held around 45.2% of the global market in 2012. Due to the increasing adoption of genetically modified crops such as rapeseed, soybean, cotton, and maize, the demand for glyphosate is expected to increase at a robust pace in the near future. 

High Export from China to Seal Asia Pacific’s Position as the Dominant Region 

Regionally, Asia Pacific held lead in the global glyphosate market and is projected to expand at a robust 7% CAGR between 2013 and 2019. Rising at this pace, the region will continue holding dominance in the global market through the forecast period. The demand witnessed in emerging economies such as India and China has significantly contributed to growth recorded by the market in the last few years. In addition, China emerged as the largest exporter of low priced generic glyphosate herbicides, following the expiry of Monsanto’s patent over glyphosates outside the U.S. As per TMR about 90% of the glyphosate product in China is exported across various countries. 

Meanwhile, Europe held around 16.6% of the global glyphosate market based on volume in 2012. However, it is likely to lose its market share to Asia Pacific by 2019, exhibiting a relatively slower CAGR of 5.6% between 2013 and 2019.  The drop in the market share is projected be an outcome stringent regulations in Europe with regards to the adoption of genetically modified crops. Regulatory bodies in Europe follow stringent regulations on growing genetically modified crops as their eager adoption in the U.S. has led to the extensive usage of herbicides, thus causing the evolution of glyphosate resistant weeds. 

Some of the prominent players operating in the global glyphosate market are Dow AgroSciences LLC, Monsanto Company, E. I. du Pont de Nemours and Company, Nantong Jiangshan Agrochemical & Chemicals Co., Ltd., Syngenta AG., and Nufarm Ltd.

 
Chapter 1 Preface
1.1 Report Description
1.2 Market Segmentation
1.3 Research Scope and Assumptions
1.4 Research Methodology
 
Chapter 2 Executive Summary
2.1 Global Glyphosate Market Estimates and Forecast, 2012 – 2019, (Kilo tons) (USD million)
2.2 Global Glyphosate Market, Snapshot (2012 and 2019)
 
Chapter 3 Glyphosate - Industry Analysis
3.1 Introduction
3.2 Value chain analysis
3.3 Market drivers
      3.3.1 Increasing adoption of glyphosate tolerant GM crops
      3.3.2 Increasing demand of no-tillage and minimum tillage systems
3.4 Market restraints
      3.4.1 Emergence of glyphosate resistant weeds
      3.4.2 Stringent regulations on agrochemicals
3.5 Market opportunities
      3.5.1 Increasing demand for GM crops
      3.5.2 New innovative weed control systems
3.6 Porter’s five forces analysis
      3.6.1 Bargaining power of suppliers
      3.6.2 Bargaining power of buyers
      3.6.3 Threat of new entrants
      3.6.4 Threat of substitutes
      3.6.5 Degree of competition
3.7 Glyphosate: Market Attractiveness Analysis
3.8 Glyphosate: Company market share (2012)
 
Chapter 4 Global Glyphosate Market: Application Segment Analysis
4.1 Global glyphosate market: Application segment analysis
      4.1.1 Global glyphosate market volume share by application, 2012 and 2019
4.2 Global glyphosate market, by application
      4.2.1 Genetically Modified (GM) crops
               4.2.1.1 Global glyphosate demand for GM crops, 2012 – 2019 (Kilo tons) (USD million)
      4.2.2 Conventional crops
               4.2.2.1 Global glyphosate demand for conventional crops , 2012 – 2019 (Kilo tons) (USD million)
 
Chapter 5 Glyphosate Market: Regional Analysis
5.1 Global glyphosate market: Regional analysis
      5.1.1 Global glyphosate market volume share by region, 2012 and 2019
5.2 Global glyphosate market, by region
      5.2.1 North America
              5.2.1.1 North America glyphosate estimates and forecast , 2012 – 2019 (Kilo tons) (USD million)
                         5.2.1.1.1 North America glyphosate market volume estimates and forecast, by application, 2012 - 2019 (kilo tons)
                         5.2.1.1.2 North America glyphosate market revenue estimates and forecast, by application, 2012 - 2019 (USD million)
     5.2.2 Europe
              5.2.2.1 Europe glyphosate estimates and forecast , 2012 – 2019 (Kilo tons) (USD million)
                         5.2.2.1.1 European glyphosate market volume estimates and forecast, by application, 2012 - 2019 (kilo tons)
                         5.2.2.1.2 European glyphosate market revenue estimates and forecast, by application, 2012 - 2019 (USD million)
     5.2.3 Asia Pacific
             5.2.3.1 Asia Pacific glyphosate estimates and forecast , 2012 – 2019 (Kilo tons) (USD million)
                         5.2.3.1.1 Asia Pacific glyphosate market volume estimates and forecast, by application, 2012 - 2019 (kilo tons)
                         5.2.3.1.2 Asia Pacific glyphosate market revenue estimates and forecast, by application, 2012 - 2019 (USD million)
     5.2.4 Latin America
              5.2.4.1 Latin America glyphosate estimates and forecast , 2012 – 2019 (Kilo tons) (USD million)
                         5.2.4.1.1 Latin America glyphosate market volume estimates and forecast, by application, 2012 - 2019 (kilo tons)
                         5.2.4.1.2 Latin America glyphosate market revenue estimates and forecast, by application, 2012 - 2019 (USD million)
     5.2.5 Rest of the World
             5.2.5.1 RoW glyphosate estimates and forecast , 2012 – 2019 (Kilo tons) (USD million)
                        5.2.5.1.1 RoW glyphosate market volume estimates and forecast, by application, 2012 - 2019 (kilo tons)
                        5.2.5.1.2 RoW glyphosate market revenue estimates and forecast, by application, 2012 - 2019 (USD million)
 
Chapter 6 Company Profiles
6.1 Anhui Huaxing Chemical Industry Company
      6.1.1 Company overview
      6.1.2 Financial overview
      6.1.3 Product portfolio
      6.1.4 Business strategy
      6.1.5 SWOT analysis
6.2 BASF SE
      6.2.1 Company overview
      6.2.2 Financial overview
      6.2.3 Product portfolio
      6.2.4 Business strategy
      6.2.5 SWOT analysis
      6.2.6 Recent developments
6.3 Bayer CropScience
      6.3.1 Company overview
      6.3.2 Financial overview
      6.3.3 Product portfolio
      6.3.4 Business strategy
      6.3.5 SWOT analysis
      6.3.6 Recent developments
6.4 Dow AgroSciences LLC
      6.4.1 Company overview
      6.4.2 Financial overview
      6.4.3 Product portfolio
      6.4.4 Business strategy
      6.4.5 SWOT analysis
      6.4.6 Recent developments
6.5 DuPont
      6.5.1 Company overview
      6.5.2 Financial overview
      6.5.3 Product portfolio
      6.5.4 Business strategy
      6.5.5 SWOT analysis
      6.5.6 Recent developments
6.6 Jiangsu Good Harvest-Weien Agrochemical Company Ltd.
      6.6.1 Company overview
      6.6.2 Product portfolio
      6.6.3 Business strategy
      6.6.4 SWOT analysis
      6.6.5 Recent developments
6.7 Monsanto Company
      6.7.1 Company overview
      6.7.2 Financial overview
      6.7.3 Product portfolio
      6.7.4 Business strategy
      6.7.5 SWOT analysis
      6.7.6 Recent developments
6.8 Nantong Jiangshan Agrochemical & Chemicals Co. Ltd
      6.8.1 Company overview
      6.8.2 Financial overview
      6.8.3 Product portfolio
      6.8.4 Business strategy
      6.8.5 SWOT analysis
      6.8.6 Recent developments
6.9 Nufarm Limited
      6.9.1 Company overview
      6.9.2 Financial overview
      6.9.3 Product portfolio
      6.9.4 Business strategy
      6.9.5 SWOT analysis
      6.9.6 Recent developments
6.10 SinoHarvest Corporation
      6.10.1 Company overview
      6.10.2 Product portfolio
      6.10.3 Business strategy
      6.10.4 SWOT analysis
6.11 Syngenta AG
      6.11.1 Company overview
      6.11.2 Financial overview
      6.11.3 Product portfolio
      6.11.4 Business strategy
      6.11.5 SWOT analysis
      6.11.6 Recent developments
6.12 Zhejiang Xinan Chemical Industrial Group Company, Ltd.
      6.12.1 Company overview
      6.12.2 Product portfolio
      6.12.3 Business strategy
      6.12.4 SWOT analysis

List of Figures 
 
FIG. 1 Glyphosate: Market segmentation
FIG. 2 Global glyphosate market estimates and forecast, 2012 - 2019, (Kilo tons) (USD Million)
FIG. 3 Glyphosate: Value chain analysis
FIG. 4 Percentage of U.S. acres sprayed with glyphosate
FIG. 5 Percent of planted acres under no till system for wheat, (2005-2009)
FIG. 6 Number of glyphosate-resistant weeds by crops, 2013
FIG. 7 Global biotechnology seeds market, 2013-2019 (USD Billion)
FIG. 8 Porter’s five forces analysis
FIG. 9 Glyphosate: Market Attractiveness Analysis
FIG. 10 Glyphosate: Company market share (2012)
FIG. 11 Global glyphosate market volume share, by application, 2012 and 2019
FIG. 12 Global glyphosate demand for GM crops, 2012 - 2019 (Kilo tons) (USD million)
FIG. 13 Global glyphosate demand for conventional crops, 2012 - 2019 (Kilo tons) (USD million)
FIG. 14 Global glyphosate market volume share, by region, 2012 and 2019
FIG. 15 North America glyphosate estimates and forecast 2012 - 2019 (Kilo tons) (USD million)
FIG. 16 Europe glyphosate estimates and forecast 2012 - 2019 (Kilo tons) (USD million)
FIG. 17 Asia Pacific glyphosate estimates and forecast 2012 - 2019 (Kilo tons) (USD million)
FIG. 18 Latin America glyphosate estimates and forecast 2012 - 2019 (Kilo tons) (USD million)
FIG. 19 RoW glyphosate estimates and forecast 2012 - 2019 (Kilo tons) (USD million)

List of Tables
 
TABLE 1 Global glyphosate market, snapshot (2012 and 2019)
TABLE 2 Drivers for glyphosate market: Impact analysis
TABLE 3 Restraints for glyphosate market: Impact analysis
TABLE 4 North America glyphosate market volume estimates and forecast, by application, 2012 - 2019 (Kilo tons)
TABLE 5 North America glyphosate market revenue estimates and forecast, by application, 2012 - 2019 (USD Million)
TABLE 6 Europe glyphosate market volume estimates and forecast, by application, 2012 - 2019 (Kilo tons)
TABLE 7 Europe glyphosate market revenue estimates and forecast, by application, 2012 - 2019 (USD Million)
TABLE 8 Asia Pacific glyphosate market volume estimates and forecast, by application, 2012 - 2019 (Kilo tons)
TABLE 9 Asia Pacific glyphosate market revenue estimates and forecast, by application, 2012 - 2019 (USD Million)
TABLE 10 Latin America glyphosate market volume estimates and forecast, by application, 2012 - 2019 (Kilo tons)
TABLE 11 Latin America glyphosate market revenue estimates and forecast, by application, 2012 - 2019 (USD Million)
TABLE 12 RoW glyphosate market volume estimates and forecast, by application, 2012 - 2019 (Kilo tons)
TABLE 13 RoW glyphosate market revenue estimates and forecast, by application, 2012 - 2019 (USD Million)
TABLE 14 Glyphosateproducts by Anhui Huaxing Chemical Industry Company
TABLE 15 Glyphosate products by BASF
TABLE 16 Glyphosate products by Bayer CropScience
TABLE 17 Glyphosate products by Dow AgroSciences
TABLE 18 Glyphosate products by DuPont
TABLE 19 Glyphosate products by Jiangsu Good Harvest-Weien Agrochemical Company Ltd.
TABLE 20 Glyphosate products by Monsanto
TABLE 21 Glyphosate products by Nantong Jiangshan Agrochemical & Chemicals Co. Ltd
TABLE 22 Glyphosate products by Nufarm Ltd.
TABLE 23 Glyphosate products by SinoHarvest Corporation
TABLE 24 Glyphosate products by Syngenta AG
TABLE 25 Glyphosate products by Zhejiang Xinan Chemical Industrial Group Company, Ltd.

Growing demand from key end-use applications in glyphosate tolerant GM crops and conventional crops is expected to boost the global demand for glyphosate. The agriculture sector is witnessing rapid growth in Asia Pacific, Latin America and other regions, thus fuelling the demand for glyphosate. However, unfavorable factors such as emergence of glyphosate resistant weeds and stringent environmental regulations over use of agrochemicals, especially in Europe, are expected to hinder market growth. Development of innovative integrated weed management systems is expected to catch up in the near future owing to their eco friendly characteristics.
 
For the glyphosate research report, we conducted in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. We reviewed the key players’ product literature, annual reports, press releases and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations and agencies. Secondary sources referred for this study include, but are not limited to; U.S. Department of Agriculture (USDA), Environment Protection Agency (EPA), FAO Stat, FOE Europe, Seedquest, Weed Science Society of America and The International Survey for Herbicide Resistant Weeds among others.
 
Glyphosate report gives a detailed description of the global glyphosate market based on volume share (kilo tons) and revenue (USD million) for the period 2013 to 2019. The glyphosate report includes only agricultural applications of glyphosate. All the volumes of glyphosate given in the report describe the tons or kilo tons of active ingredients and it does not include weight of carrier. The market numbers given in the report describe demand for glyphosate active ingredient and not production or sales. The report highlights the factors contributing towards the growth of the market and the restraints that impede the market. Detailed forecasts for the years 2013-2019 for glyphosate have been given separately, for better understanding of the market scenario. The glyphosate market is described with respect to their various segments along with the opportunities that are expected in the coming six years. 
 
For geographic analysis, the global glyphosate market has been segmented into regions such as North America, Europe, Asia Pacific, Latin America and Rest of the World (RoW) - The glyphosate market has been segmented based on the following applications – glyphosate resistant GM crops and conventional crops. The GM crops segment includes four main GM crops - soybean, corn, cotton, canola and other small volume GM crops. The glyphosate study also analyses market attractiveness for all segments of glyphosate with the help of the market attractiveness tool.
 
For a more comprehensive view of the market, a value chain analysis and Porter’s five forces model is provided to throw light on the specifics of the industry structure besides giving an overview of the degree of competitiveness. The report also includes detailed profiles of key players such as Monsanto Company, Nufarm Ltd., Syngenta AG., Dow AgroSciences LLC, E. I. du Pont de Nemours and Company, Zhejiang Xinan Chemical Industrial Group Company, Ltd., Jiangsu Good Harvest-Weien Agrochemical Co., Ltd. and Nantong Jiangshan Agrochemical & Chemicals Co., Ltd. among others. The detailed description of players includes parameters such as company overview, financial overview, business strategies and SWOT analysis and recent developments of the company. The company market share for the key companies has been derived on the basis of revenue generated by the companies for glyphosate products.
 
The report segments the global glyphosate market as:
  • Glyphosate Market: Application Segment Analysis,
    • Genetically Modified (GM) crops
    • Conventional Crops
  • Glyphosate Market: Regional Analysis,
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Rest of the World (RoW)


 
 
Back To Top