Glufosinate Market 2025-2033:

• The global glufosinate market size reached USD 2.6 Billion in 2023.
• The market is expected to reach USD 5.0 Billion by 2032, exhibiting a growth rate (CAGR) of 6.97% during 2024-2032.
• North America leads the market, accounting for the largest glufosinate market share due to the extensive cultivation of glufosinate-tolerant crops.
• Oilseeds and pulses accounts for the majority of the market share in the crop type segment due to the widespread adoption of glufosinate-resistant GM crops.
• Soluble (liquid) concentrate holds the largest share in the glufosinate industry because it offers ease of application and high efficacy.
• Herbicides remain a dominant segment in the market, as glufosinate is primarily used for weed management in various crops.
• The rising demand for herbicides in agricultural sectors across the globe is a primary driver of the glufosinate market.
• The widespread adoption of genetically modified (GM) crops globally are further reshaping the glufosinate market.

Industry Trends and Drivers:

• Growing Demand for Herbicides:

The global agricultural sector is under constant pressure to increase crop yields to meet the rising food demand driven by population growth and urbanization. With limited arable land, farmers must optimize their existing fields, and herbicides play a crucial role in achieving this. Glufosinate, a non-selective herbicide, has become increasingly popular because of its ability to effectively control a broad spectrum of weeds without harming the environment as severely as other chemicals. It is used in various crops such as corn, soybeans, and cotton, among others. Farmers often rely on herbicides like glufosinate to prevent weeds from competing with their crops for vital resources such as nutrients, water, and sunlight. This allows crops to grow more efficiently, boosting overall yields. Additionally, with the rise of no-till farming practices, which aim to reduce soil erosion and maintain soil health, the reliance on herbicides like glufosinate has surged.

• Rise in Genetically Modified (GM) Crops:

The adoption of genetically modified (GM) crops that are resistant to glufosinate has significantly fueled the glufosinate market growth. These crops are engineered to tolerate the application of glufosinate, allowing farmers to spray the herbicide directly onto the fields without harming the crops themselves. This technology has transformed weed management in agriculture, as it simplifies the process for farmers and improves efficiency in large-scale operations. Major GM crops such as corn, soybeans, and cotton have been developed with glufosinate-resistant traits, which means farmers can apply the herbicide throughout the growing season to effectively manage weeds. The introduction of these glufosinate-resistant crops has been particularly beneficial in regions where weed pressure is high and alternative methods of weed control are less effective or more costly.

• Herbicide Resistance in Weeds:

One of the most pressing challenges in modern agriculture is the rise of herbicide-resistant weed species. Many weed populations have developed resistance to commonly used herbicides like glyphosate, making them much harder to control. This has created an urgent need for alternative herbicides, and glufosinate has emerged as a preferred solution. It offers an effective means to manage resistant weed species that other herbicides can no longer eliminate. The herbicide functions by inhibiting the activity of glutamine synthetase, an enzyme essential for the survival of plants, effectively halting the growth of weeds. As herbicide resistance becomes more widespread, particularly in major crop-growing regions, the adoption of glufosinate has accelerated. Farmers are increasingly integrating glufosinate into their weed control programs to diversify their approach and reduce the chances of weeds developing further resistance.

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Glufosinate Market Report Segmentation:

Breakup By Crop Type:

• Cereals and Grains
• Oilseeds and Pulses
• Fruits and Vegetables
• Others

Oilseeds and pulses account for the majority of shares due to the widespread adoption of glufosinate-resistant GM crops like soybeans and canola.

Breakup By Formulation Type:

• Aqueous Suspension
• Liquid
• Suspension Concentrate
• Soluble (Liquid) Concentrate
• Others

Soluble (liquid) concentrate dominates the market because it offers ease of application and high efficacy in weed control for farmers.

Breakup By Application:

• Herbicides
• Fungicides
• Desiccant
• Defoliant
• Others

Herbicides represents the majority of shares as glufosinate is primarily used for weed management in various crops, addressing the growing need for effective weed control solutions.

Breakup By Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

North America holds the leading position owing to the extensive cultivation of glufosinate-tolerant crops and increasing herbicide resistance in the region's weed species.

Top Glufosinate Market Leaders:

The glufosinate market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies.

Some of the key players in the market are:

• BASF SE
• DuPont de Nemours Inc.
• Hebei Veyong Bio-Chemical Co. Ltd (Limin Group Co. Ltd.)
• Jiangsu Sevencontinent Green Chemical Company Limited
• LIER Chemical Co. Ltd.
• Nufarm
• SinoHarvest
• UPL Limited
• YongNong BioSciences CO. LTD

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