The glufosinate market size has seen strong growth in recent years, increasing from $2.53 billion in 2024 to $2.78 billion in 2025, reflecting a compound annual growth rate (CAGR) of 9.9%. This hike can be attributed to factors such as the expansion of GM crop adoption, rise in agricultural productivity, global growth in agriculture, resistance management strategies, and a supportive regulatory environment.
The glufosinate market is projected to continue its strong upward trajectory, expected to reach $4.07 billion in 2029, growing at a CAGR of 9.9%. This forecast growth stems from ongoing weed resistance challenges, market penetration in emerging economies, global population growth, and a shift in cropping patterns. Noteworthy trends in the forecast period include genetically modified (GM) crops, bioherbicides and organic farming, innovation in herbicide technologies, advancements in formulations, and sustainable agriculture practices.
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What Are the Key Drivers of the Glufosinate Market Growth?
The expansion of the agriculture sector is expected to significantly fuel the glufosinate market in the coming years. The agricultural sector, inclusive of all activities related to land cultivation, crop production, and animal farming, is experiencing growth. This growth is being driven by an increasing global population with escalating food demands, government policies offering essential subsidies and incentives, and technological advancements in climate-resilient agriculture enabling farmers to adapt to altering environmental conditions. Glufosinate, being an effective control for a broad range of weeds, including those resistant to glyphosate, contributes to healthier crop growth by reducing competition for nutrients, sunlight, and water. Therefore, it is evident that the booming agriculture industry propels the growth of the glufosinate market.
Which Are the Major Segments Within the Global Glufosinate Market?
– By Crop Type: Genetically Modified Crops, Conventional Crops
– By Formulation: Aqueous Suspension, Liquid, Suspension Concentrate, Soluble (Liquid) Concentrate, Other Formulations
– By Application: Non-Agricultural, Agricultural, Oilseeds And Pulses, Grains And Cereals, Fruits And Vegetables, Other Applications
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Which Are Some of the Major Companies Operating in the Glufosinate Market?
Prominent players operating in the glufosinate market include Bayer AG, YongNong BioSciences Co. Ltd., United Phosphorus Ltd., DuPont de Nemours Inc., Hebei Veyong Biochemical Co. Ltd., Jiangsu Huangma Agrochemicals Co. Ltd., Nufarm Ltd., Limin Chemical Co. Ltd., Lier Chemical Company Ltd., Shenzhen Sino-Harvest Industry Co. Ltd., BASF SE, Jiangsu Seven Continents Green Chemical Co. Ltd., Inner Mongolia Jiaruimi Fine Chemical Co. Ltd., Simonis BV, UPL Limited, Dow Inc., Zhejiang Yongnong Chem. Ind. Co. Ltd., and others.
What Trends Are Emerging in the Glufosinate Market?
Major corporations operating in this market are focusing on constructing advanced herbicides like non-selective herbicides for enhanced weed control and sustainable agriculture. For instance, in January 2022, BASF, a Germany-based chemical company, launched L-Glufosinate 10% SL, a non-selective herbicide aimed at Chinese farmers. These initiatives aim to enhance competitiveness and promote sustainability in the herbicide sector.
Which Region is Leading the Glufosinate Market?
In 2024, North America was the largest region in the glufosinate market. Other regions covered in the glufosinate market report include Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
What Does The Glufosinate Market Report 2025 Offer?
Glufosinate is a broad-spectrum herbicide potent enough to create massive selection pressure on weed populations. It’s a nonselective foliar herbicide utilized for broadcast burndown applications of crops like canola, corn, sweet corn, soybeans, and sugar beet, either before planting or pre-emergence. The Glufosinate Market research report by The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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