Glyphosate Market Size

Glyphosate Market size was over USD 11.36 billion in 2024 and is poised to cross USD 25.38 billion by the end of 2037, growing at more than 6.5% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of glyphosate is estimated at USD 11.94 billion. The primary growth factor for the expansion of the market during the forecast period is the large use of agricultural land for varied purposes across the world as glyphosate is an important part of farming. As per the data by the World Bank, the total agricultural land in the world accounted for 36.9% of the total land in 2018. Along with that, the increasing demand for high-value crops along with the high demand for agricultural products is also anticipated to bring lucrative growth opportunities for market growth in the upcoming years.

Glyphosate is an effective chemical formulation that is being highly utilized in the agriculture industry owing to its properties to control weeds in a wide range of crops such as cereals, grains, pulses, fruits, vegetables, tubers, and other crops. The recent advancements in agricultural practices and changing harvesting trends are anticipated to expand the glyphosate market size. Additionally, high focus on Genetically Modified Organism (GMO) crops which are also known as genetically modified crops over the world especially, in East Asia and South Asia, farmers are opting for glyphosate to increase production within short spans and earn huge profits. Also, the increased demand for glyphosate in “pre-planting” treatment is estimated to bring a positive scenario for market growth. Moreover, with increasing urbanization, the number of lawns, turfs, stadiums, and playgrounds has also increased which has also led to a higher demand for glyphosate to control weeds and maintain the grounds.