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Glyphosate Market Share, Size, Analysis, Growth, Trends and
Forecasts to 2024
" The global glyphosate market is expected to be
valued at USD 9 billion over the forecast period of
2016-2024."
The global Glyphosate Market was valued at around USD 5 billion in 2012. It is likely to reach USD 9 billion over
the forecast period (2016-2024). Increasing population and the rise in demand for genetically modified (GM)
crops are expected to driver of the glyphosate market.
Increase in crop consumption for biofuels and animal feed can propel market growth in the coming years.
Moreover, development in the field of genetically modified crops promoting weed resistance is likely to boost
market growth. This product helps farmers in reducing the degree of tillage, further positively affect the
market.
Glyphosate is used extensively in gardens and home landscaping. It effectively kills annual and perennial grasses
along with dandelions, broadleaf weeds, shrubs, poison ivy, kudzu, and other weeds.
Using this product in a large quantity can lead to an increase in immunity in the weeds. Additionally, it can
increase the toxicity related risks can also challenge the growth of the glyphosate industry. The market is
bifurcated into applications and regions.
Browse Details of Report @ https://www.hexaresearch.com/research-report/glyphosate-industry
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