Your Catalyst To a Lucrative Business
Glyphosate Market Share, Size, Analysis, Growth, Trends and Forecasts to 2024 | Hexa Research
“Glyphosate Market Revenue Likely To Reach $9
Billion By 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.
Follow Us: