Glyphosate revolutionizing the crop market by increasing productivity of land multiple folds
Global Glyphosate market is estimated to have a value of USD 8.70 billion in 2016. With a CAGR of 6.4%, the market size is expected to grow rapidly to cross USD 11.86 billion by 2022.
(EMAILWIRE.COM, March 28, 2018 ) Overview
Monsanto was the first to introduce glyphosate in the global market under the trade name of “Roundup” way back in 1974. N-phosphomethyl glycine is the chemical formula of the organophosphorus compound and its major application is that of killing grasses and weeds that grow and compete with the original food crop.
View sample and decide: https://marketdataforecast.com/market-reports/glyphosate-market-2740/request-sample
The Global Glyphosate market is estimated to have a value of USD 8.70 billion in 2016. With a CAGR of 6.4%, the market size is expected to grow rapidly to cross USD 11.86 billion by 2022. The market growth can be attributed to the rapid rise in the total population of the world which has thereby lead to a proportionately huge demand for food. Land and crop resources have to be utilized effectively to cater to this huge demand and glyphosates help the farmers in doing the same.
To know more read: https://marketdataforecast.com/market-reports/glyphosate-market-2740/
Market Underlying Factors
The use of glyphosate leads to the inhibition of production of amino acids by the target plants which inhibits their growth and eliminates them. Glyphosate works by affecting the EPSPS enzyme which is produced exclusively by microbes and plants. Further, there are no side effects of the herbicide on mammals as they lack the EPSPS enzyme. The genetic modification of crops also aids the original crop in staying resistant and safe from being unintentionally harmed by glyphosate.
Get your customized report: https://marketdataforecast.com/market-reports/glyphosate-market-2740/customize-report
As of now, Asia Pacific with its huge amount of farm crops and use of Glyphosate accounts for the largest share of global Glyphosate market accounting for more than 38% of the global market share, followed by North America and Europe.
The major market contributors for the Global Glyphosate market are Syngenta AG (Switzerland), Zhejiang Xinan Chemical Industrial Group Co., Ltd. (China) , Nufarm limited (Australia), E.I. Du Pont De Nemours & Company (U.S.), Monsanto company (U.S.), Adama Agricultural Solutions Ltd (Israel), The Dow Chemical Company (U.S.), Nantong Jiangshan Agrochemical & Chemical, Inc. (China), UPL Limited (India), and Bayer AG (Germany).
Related Reports from Market Data Forecast:
Crop Protection Pesticides Market: https://marketdataforecast.com/market-reports/global-crop-protection-pesticides-market-452/
Bio Pesticide Market: https://marketdataforecast.com/market-reports/global-bio-pesticide-market-484/
Wheeled Tractor Machinery Market: https://marketdataforecast.com/market-reports/global-wheeled-tractor-machinery-market-501/
About MarketDataForecast™
Market Data Forecast is a market research firm offering syndicated research, consults and industry newsletters across various domains & verticals. With a well-established in-house team of experts from diverse fields and outsource research network across 100+ countries, we are the sole research providers for the majority of Fortune 500 companies. Along with the standards of reports being on par excellence, our unique services like free customization, analyst support for the period of six months post to the purchase will be the flag bearers and differentiates us from the rest. Our experience and in-depth understanding of various business environments will be a support to you and your organization in making well-informed decisions.
Monsanto was the first to introduce glyphosate in the global market under the trade name of “Roundup” way back in 1974. N-phosphomethyl glycine is the chemical formula of the organophosphorus compound and its major application is that of killing grasses and weeds that grow and compete with the original food crop.
View sample and decide: https://marketdataforecast.com/market-reports/glyphosate-market-2740/request-sample
The Global Glyphosate market is estimated to have a value of USD 8.70 billion in 2016. With a CAGR of 6.4%, the market size is expected to grow rapidly to cross USD 11.86 billion by 2022. The market growth can be attributed to the rapid rise in the total population of the world which has thereby lead to a proportionately huge demand for food. Land and crop resources have to be utilized effectively to cater to this huge demand and glyphosates help the farmers in doing the same.
To know more read: https://marketdataforecast.com/market-reports/glyphosate-market-2740/
Market Underlying Factors
The use of glyphosate leads to the inhibition of production of amino acids by the target plants which inhibits their growth and eliminates them. Glyphosate works by affecting the EPSPS enzyme which is produced exclusively by microbes and plants. Further, there are no side effects of the herbicide on mammals as they lack the EPSPS enzyme. The genetic modification of crops also aids the original crop in staying resistant and safe from being unintentionally harmed by glyphosate.
Get your customized report: https://marketdataforecast.com/market-reports/glyphosate-market-2740/customize-report
As of now, Asia Pacific with its huge amount of farm crops and use of Glyphosate accounts for the largest share of global Glyphosate market accounting for more than 38% of the global market share, followed by North America and Europe.
The major market contributors for the Global Glyphosate market are Syngenta AG (Switzerland), Zhejiang Xinan Chemical Industrial Group Co., Ltd. (China) , Nufarm limited (Australia), E.I. Du Pont De Nemours & Company (U.S.), Monsanto company (U.S.), Adama Agricultural Solutions Ltd (Israel), The Dow Chemical Company (U.S.), Nantong Jiangshan Agrochemical & Chemical, Inc. (China), UPL Limited (India), and Bayer AG (Germany).
Related Reports from Market Data Forecast:
Crop Protection Pesticides Market: https://marketdataforecast.com/market-reports/global-crop-protection-pesticides-market-452/
Bio Pesticide Market: https://marketdataforecast.com/market-reports/global-bio-pesticide-market-484/
Wheeled Tractor Machinery Market: https://marketdataforecast.com/market-reports/global-wheeled-tractor-machinery-market-501/
About MarketDataForecast™
Market Data Forecast is a market research firm offering syndicated research, consults and industry newsletters across various domains & verticals. With a well-established in-house team of experts from diverse fields and outsource research network across 100+ countries, we are the sole research providers for the majority of Fortune 500 companies. Along with the standards of reports being on par excellence, our unique services like free customization, analyst support for the period of six months post to the purchase will be the flag bearers and differentiates us from the rest. Our experience and in-depth understanding of various business environments will be a support to you and your organization in making well-informed decisions.
Contact Information:
Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
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Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results