Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Glufosinate Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Expected Market Growth Rates for the Glufosinate Market?
The glufosinate market has seen strong growth in recent years, with its valuation predicted to increase from $2.53 billion in 2024 to $2.75 billion in 2025. The CAGR during this period is projected to be 8.4%.
What Are the Expected Market Growth Trends for the Glufosinate Market Through 2029?
The Glufosinate market is projected to reach $3.97 billion in size by the year 2029, growing at a compound annual growth rate (CAGR) of 9.6%.
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What Are the Key Business Drivers in the Glufosinate Market Landscape?
The key Drivers in the glufosinate market are:
• Growth in the agriculture sector fueled by increased population and higher food demand
• Supportive government policies offering essential subsidies and incentives for agriculture
• Advancements in climate-resilient agriculture practices
• Glufosinate's efficacy in controlling a broad range of weeds, including those resistant to glyphosate
How Is the Glufosinate Market Divided Across Key Categories?
The glufosinatemarket covered in this report is segmented –
1) By Crop Type: Genetically Modified Crops, Conventional Crops
2) By Formulation: Aqueous Suspension, Liquid, Suspension Concentrate, Soluble (Liquid) Concentrate, Other Formulations
3) By Application: Non-Agricultural, Agricultural, Oilseeds And Pulses, Grains And Cereals, Fruits And Vegetables, Other Applications
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What Are the Ongoing Trends in the Glufosinate Market?
The key trends in the glufosinate market are:
• Companies in the glufosinate market are working on creating advanced herbicides for improved weed control and sustainable farming.
• Non-selective herbicides are becoming increasingly crucial in the industry for their broad-spectrum plant control.
• Efficiency enhancement in herbicides is a growing trend, reducing the quantity needed for crop protection.
• Strong patent protection to enhance competitiveness and promote sustainability is a significant future market trend.
Which Companies are Expanding in the Glufosinate Industry?
The key players in the glufosinate market are:
• 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.
• Shandong Weifang Rainbow Chemical Co. Ltd.
• Hubei Sanonda Co. Ltd.
• Jiangsu Changqing Agrochemical Co. Ltd.
• Jiangsu Yangnong Chemical Group Co. Ltd.
• Zhejiang Heben Pesticide & Chemicals Co. Ltd.
• Jiangsu Flag Chemical Industry Co. Ltd.
• Jiangsu Fengshan Group Co. Ltd.
• Jiangsu Good Harvest-Weien Agrochemical Co. Ltd.
• Jiangsu Huaihe Chemicals Co. Ltd.
• Jiangsu Redsun Group Co. Ltd.
• Jiangsu Sinorgchem Technology Co. Ltd.
• Shandong Luba Chemical Co. Ltd.
• Shandong Qiaochang Chemical Co. Ltd.
• Zhejiang Xinnong Chemical Co. Ltd.
Which is the Largest Region the Global Glufosinate Market?
North America was the largest region in the gulfosinate market in 2024
