Summary

Overview
Global Glufosinate Market reached US$ 2.18 billion in 2022 and is expected to reach US$ 3.3.7 billion by 2030, growing with a CAGR of 5.6% from 2023 to 2030.
The global glufosinate market has witnessed significant growth during the forecast period of 2022-2023. The glufosinate is highly used for weed management in many crops, especially for genetically modified crops such as soybean, corn, cotton and some others. The glufosinate allows the farmers to control the weeds without damaging the desired crops.
Furthermore, many key manufacturing companies are launching products to attract large scale consumers and to increase their market size. For instance, in March 2023, Corteva Agriscience company launched a new product for corn products which is Vorceed Enlist. This combines three modes of action for both above and below-ground insect protection, which includes RNAi technology, glyphosate, glufosinate, 2,4-D choline and FOP. It helps improve the resistant weed management in the crop.
Additionally, the glufosinate is also used in non-gmo cropping systems. It is highly employed as a pre or post-emergence herbicide to manage the weeds in fields. The Asia-Pacific region dominates the glufosinate market by capturing the maximum share of the global glufosinate market. Key players such as Joshi Agrochem Pharma Pvt Ltd, National Analytical Corporation and some others are producing glufosinate in this region. More production can help in increasing the market size.
Dynamics
Increasing Demand for Alternative Substitutes for Glyphosate Herbicide.
Farmers are depending more on glufosinate herbicides to act as plant protection. The glyphosate ammonium is more effective when it comes in contact with the plants, it allows to control weeds without affecting the soil, roots and requiring tillage. Also, it helps in developing resistance to other herbicides when it is used as part of an integrated weed management program (IWM), which helps increase the adoption of glufosinate.
Furthermore, by knowing the demand for glufosinate many manufacturers are producing different products to increase their market. The BASF SE, a European-based multinational company, and the largest chemical producer in the world has offered glufosinate-ammonium as an active ingredient in several herbicide products such as Basta, Finale, Rely and Liberty. The wide availability of products can help in increasing the market size.
Government Restriction on the Usage of Glyphosate
Farmers are more willing to adopt the glufosinate to control the weed and other insects in crops as they are becoming more aware of the environmental impacts caused by glyphosate herbicides. In some cases, farmers are using glufosinate herbicides as the crops are becoming intolerant to glyphosate which is helping in driving the market.
Furthermore, many governments are imposing regulations on the usage of glyphosate for weed control. For instance, the Union Minister for Agriculture and Farmer's Welfare banned the usage of glyphosate in weed control in Kerala, Andhra Pradesh and Telangana. This ban on glyphosate has raised the demand for the glufosinate market.
Toxic Effects of Glufosinate
Consumers are becoming aware of the chemical usage in the crops, its toxic effects on health and environmental impacts are restraining the market growth. Many farmers are overusing the glufosinate in their crops which is leading to residue levels of glufosinate in crops and food products which can cause adverse effects on human health, leading to declination in market growth.
Furthermore, many governments have implemented several restrictions on the usage of glufosinate in weed management. For instance, in December 2022, The Pesticide Action Network India (PAN), an NGO has given a report on the glufosinate-ammonium. The report stated that GA can result in inhalation and contact exposures causing widespread poisoning and also causes impacts on the nervous system, reproductive system and cardiovascular system. Therefore, was banned in 29 countries.
Segment Analysis
The global glufosinate market is segmented based on crop, formulation, farm, distribution channel, application and region.
Increase Demand for Effective Weed Management
The herbicide segment holds the largest in the global glufosinate market. Glufosinate is highly used as a broad-spectrum herbicide to control the wide range of weeds and grasses in various crops, especially for GM crops such as soybean, corn, cotton and others. It helps farmers to take precise decisions on the usage of herbicides without damaging their crops.
Furthermore, many manufacturing companies collaborate with other companies to produce high-quality products. For instance, in September 2020, BASF and Glu-L technology are launching a new product AgriMetis for L-glufosinate ammonium. To produce high-quality glufosinate products consisting of the active L-glufosinate ammonium and the inactive D-glufosinate ammonium. The products can help in driving the market size.
Geographical Penetration
Vast Availability of Agriculture Land
Asia-Pacific has been a dominant force in the global glufosinate market and its significance has only grown in the post-2020 era. Farmers are adopting glufosinate herbicides compared to other conventional herbicides as they provide an active ingredient glufosinate ammonium which works effectively in killing the weeds by not damaging the crop quality. More adoption by the farmers is driving the market in this region.
Furthermore, the presence of vast agricultural land helps in increasing the usage of glufosinate in the agriculture sector in this region. For instance, according to the Department of Agriculture, Fisheries and Forestry report of 2023, 55% of Australian land is used for agriculture purposes which is about 427 million hectares. The demand for glufosinate will be increasing with the increase in agriculture practices, and this lead to an increase in the global glufosinate market.
Additionally, the government in this region has banned the usage of alternative herbicides such as glyphosate for use as weed controllers. The government of India has banned glyphosate herbicides in some regions of the country such as Andhra Pradesh, Kerala and Telangana. This can lead to an increase in the adoption of glufosinate herbicides in this region.
Competitive Landscape
The major global players in the market include Bayer AG, UPL Limited, Lier Chemical Co., Ltd., SinoHarvest Corporation, Nufarm Limited, Hebei Veyong Bio-Chemical Co. Ltd., Jiangsu Sevencontinent Green Chemical Company Limited, YongNong BioSciences CO. LTD., Simonis BV, and Syngenta AG.
COVID-19 Impact Analysis
The pandemic has bought a disruption in the supply chain which has led to a decrease in demand for the glufosinate market. Moreover, many manufacturing companies are partially shut down due to government lockdown restrictions. Agriculture practices are also slowed down due to less availability of raw materials. This led to a negative impact on the global glufosinate market.
Russia-Ukraine War Impact Analysis
The ongoing conflict between Russia – Ukraine has led to disruption in the economy of countries. Many manufacturing countries have shut down due to unstable income. For instance, According to data from the industry association Fertilizers Europe, Russia and Belarus. provide as much as 60% of the EU’s fertilizer supply. This has led to less adoption of glufosinate by the Consumers.
By Crop
• Cereals & Grains
• Pulses & Oilseeds
• Fruits & Vegetables
• Others
By Formulation
• Liquid Formulation
• Aqueous Suspension
• Soluble (Liquid) Concentrate
• Suspension Concentrate
• Dry Formulation
• Others
By Farm
• Small Farm
• Medium Farm
• Large Farm
By Distribution Channel
• E-Commerce
• Hypermarkets/Supermarkets
• Specialty Stores
• Others
By Application
• Agriculture
• Herbicides
• Insecticides
• Fungicides
• Defoliant
• Desiccant
• GM Crops
• Others
• Non-Agriculture
• Others
By Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Italy
o Russia
o Rest of Europe
• South America
o Brazil
o Argentina
o Rest of South America
• Asia-Pacific
o China
o India
o Japan
o Australia
o Rest of Asia-Pacific
• Middle East and Africa
Key Developments
• In July 2021, Limin Chemical announced a launch of a new project by its subsidiary Hebei Veyong which had been filed with government administration, under the title of an “annual 5,000-ton glufosinate construction project.” The project encompasses an annual 5,000-ton glufosinate production line, at an estimated investment of Yuan450.4572 million.
• In September 2020, BASF Agricultural Solutions acquired the proprietary Glu-L™ technology for L-glufosinate ammonium from AgriMetis™, an industry leader in the development of biotechnological innovations for crop protection.
• In August 2022, Corteva Agriscience and BASF collaboration to develop new soybean weed control solutions for farmers around the world. Through this collaboration two companies agreed to cross-license soybean traits, while developing complementary herbicide technologies, enabling both companies to offer innovative soybean weed management solutions.
Why Purchase the Report?
• To visualize the global glufosinate market segmentation based on crop, formulation, farm, distribution channel, application and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of Glufosinate market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.
The global glufosinate market report would provide approximately 73 tables, 80 figures and 186 Pages.
Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies

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Table of Contents

1. Methodology and Scope
1.1. Research Methodology
1.2. Research Objective and Scope of the Report
2. Definition and Overview
3. Executive Summary
3.1. Snippet by Crop
3.2. Snippet by Formulation
3.3. Snippet by Farm
3.4. Snippet by Distribution Channel
3.5. Snippet by Application
3.6. Snippet by Region
4. Dynamics
4.1. Impacting Factors
4.1.1. Drivers
4.1.1.1. Increasing Demand for Alternative Substitutes for Glyphosate Herbicides
4.1.1.2. Government Restrictions on the Usage of Glyphosate
4.1.2. Restraints
4.1.2.1. Toxic Effects of Glufosinate
4.1.3. Opportunity
4.1.4. Impact Analysis
5. Industry Analysis
5.1. Porter's Five Force Analysis
5.2. Supply Chain Analysis
5.3. Pricing Analysis
5.4. Regulatory Analysis
6. COVID-19 Analysis
6.1. Analysis of COVID-19
6.1.1. Scenario Before COVID
6.1.2. Scenario During COVID
6.1.3. Scenario Post COVID
6.2. Pricing Dynamics Amid COVID-19
6.3. Demand-Supply Spectrum
6.4. Government Initiatives Related to the Market During Pandemic
6.5. Manufacturers Strategic Initiatives
6.6. Conclusion
7. By Crop
7.1. Introduction
7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Crop
7.1.2. Market Attractiveness Index, By Crop
7.2. Cereals & Grains*
7.2.1. Introduction
7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
7.3. Pulses & Oilseeds
7.4. Fruits & Vegetables
7.5. Others
8. By Formulation
8.1. Introduction
8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Formulation
8.1.2. Market Attractiveness Index, By Formulation
8.2. Liquid Formulation*
8.2.1. Introduction
8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
8.2.3. Aqueous Suspension
8.2.4. Soluble (Liquid) Concentrate
8.3. Suspension Concentrate
8.4. Dry Formulation
9. By Farm
9.1. Introduction
9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Farm
9.1.2. Market Attractiveness Index, By Farm
9.2. Small Farm*
9.2.1. Introduction
9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
9.3. Medium Farm
9.4. Large Farm
10. By Distribution Channel
10.1. Introduction
10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
10.1.2. Market Attractiveness Index, By Distribution Channel
10.2. E-Commerce*
10.2.1. Introduction
10.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
10.3. Hypermarkets/Supermarkets
10.4. Specialty Stores
10.5. Others
11. By Application
11.1. Introduction
11.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
11.1.2. Market Attractiveness Index, By Application
11.2. Agriculture*
11.2.1. Introduction
11.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
11.2.3. Herbicides
11.2.4. Insecticides
11.2.5. Fungicides
11.2.6. Defoliant
11.2.7. Desiccant
11.2.8. GM Crops
11.2.9. Others
11.3. Non-Agriculture
11.4. Others
12. By Region
12.1. Introduction
12.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
12.1.2. Market Attractiveness Index, By Region
12.2. North America
12.2.1. Introduction
12.2.2. Key Region-Specific Dynamics
12.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Crop
12.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Formulation
12.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Farm
12.2.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
12.2.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
12.2.8. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
12.2.8.1. U.S.
12.2.8.2. Canada
12.2.8.3. Mexico
12.3. Europe
12.3.1. Introduction
12.3.2. Key Region-Specific Dynamics
12.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Crop
12.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Formulation
12.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Farm
12.3.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
12.3.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
12.3.8. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
12.3.8.1. Germany
12.3.8.2. UK
12.3.8.3. France
12.3.8.4. Italy
12.3.8.5. Russia
12.3.8.6. Rest of Europe
12.4. South America
12.4.1. Introduction
12.4.2. Key Region-Specific Dynamics
12.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Crop
12.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Formulation
12.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Farm
12.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
12.4.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
12.4.8. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
12.4.8.1. Brazil
12.4.8.2. Argentina
12.4.8.3. Rest of South America
12.5. Asia-Pacific
12.5.1. Introduction
12.5.2. Key Region-Specific Dynamics
12.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Crop
12.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Formulation
12.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Farm
12.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
12.5.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
12.5.8. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
12.5.8.1. China
12.5.8.2. India
12.5.8.3. Japan
12.5.8.4. Australia
12.5.8.5. Rest of Asia-Pacific
12.6. Middle East and Africa
12.6.1. Introduction
12.6.2. Key Region-Specific Dynamics
12.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Crop
12.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Formulation
12.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Farm
12.6.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
12.6.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
13. Competitive Landscape
13.1. Competitive Scenario
13.2. Market Positioning/Share Analysis
13.3. Mergers and Acquisitions Analysis
14. Company Profiles
14.1. Bayer AG*
14.1.1. Company Overview
14.1.2. Product Portfolio and Description
14.1.3. Financial Overview
14.1.4. Key Developments
14.2. UPL Limited
14.3. Lier Chemical Co., Ltd.
14.4. SinoHarvest Corporation
14.5. Nufarm limited.
14.6. Hebei Veyong Bio-Chemical Co. Ltd
14.7. Jiangsu Seven continent Green Chemical Company Limited
14.8. YongNong Biosciences CO. LTD.
14.9. Simonis BV
14.10. Syngenta AG
LIST NOT EXHAUSTIVE
15. Appendix
15.1. About Us and Services
15.2. Contact Us