New Research Report on Glufosinate Market 2019-2029

Posted by ankush Nikam on October 23rd, 2019

Glufosinate-ammonium is an herbicide used to control the growth of undesired plants, such as weeds, in more than 100 crops globally. Glufosinate contains an active ingredient phosphinothricin, which prevents the growth of plants by blocking the key enzyme production that disrupts food production in plants and ends up killing it. This unique mode of action against weeds make glufosinate the most promising herbicide among a broad spectrum of other herbicides.

Additionally, glufosinate is only effective when it is in contact with the plant and only effects that part of the plant where it is applied. Reusing an herbicide makes the weeds resistant, which threatens the productivity of desired crops. Unique mode of action of glufosinate makes it ideal for herbicide as an alternate option in rotation with other herbicides.

Glufosinate Market: Dynamics

For more than 30 years, glufosinate-ammonium has become a leading herbicide in global agriculture. Glufosinate offers unique and straightforward weed control in a broad range of crops and at the same time preserves a balance between the environment and economy. Glufosinate is the best alternate option to replace in rotation with a commonly used herbicide known as glyphosate. According to the United Nations, the global population will rise to 9 billion by 2050. This will also demand for an increase in food production by 70% on the same amount of land.

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As weeds pose a danger to harvests, leaving them untreated can affect an average global yield loss to a great extent.

Glufosinate-ammonium is one of the growing herbicides that has been used in small quantities since the last 30 years. The recent development in a number of varieties of transgenic plants and genetically-modified resistant to herbicide is significantly increasing its demand.

Glufosinate is a United States EPA (Environmental Protection Agency) registered and California-registered chemical. China and India are top agricultural-based countries, which have an enormous market opportunity for glufosinate. Genetically modified glufosinate-resistant crop will push the demand for glufosinate.

Glufosinate Market: Segmentation

The global glufosinate market can be segmented by crop type, formulation and application and region.

Based on crop type, glufosinate market is segmented into:

  • Genetically Modified Crops
  • Conventional Crops

Based on formulation, glufosinate market is segmented into:

  • Liquid Formulation
  • Dry Formulation

Glufosinate is obtained from Streptomyces soil bacteria, which can control some major weeds named morning glories, hemp sesbania and yellow nutsedge. It is significantly safe as compared to other herbicides.

Based on application, glufosinate market is segmented into:

  • Agricultural
  • Pharmaceutical
  • Others

Increase in genetically modified crops and its cost-effective trait and weed controlling aspects will boost the market of glufosinate. Herbicide-tolerant plants occupy the largest planting area of biotech crops, which will result in an increase in demand for cultivation of HT (Herbicide Tolerant) crops.

The Glufosinate Market Report Covers Exhaustive Analysis On:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

The Glufosinate Market Regional Analysis Includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Chile, Peru)
  • Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe)
  • CIS and Russia
  • Asia-Pacific (China, India, ASEAN, South Korea)
  • Japan
  • The Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

The Glufosinate report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The Glufosinate report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The Glufosinate report also maps the qualitative impact of various market factors on market segments and geographies.

The Glufosinate Market Report Highlights:

  • A Detailed overview of the parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

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ankush Nikam

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ankush Nikam
Joined: December 21st, 2016
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