Glyphosate Market is estimated to be US$ 16.00 Billion in 2030 at a CAGR 6.1% during the forecast period
Glyphosate Market accounted for US$ 9.36 billion in 2020 and is estimated to be US$ 16.00 billion by 2030 and is anticipated to register a CAGR of 6.1%. Glyphosate is a broad-spectrum systemic herbicide and crop desiccant. It’s an organophosphorus compound, specifically a phosphonate, which acts by inhibiting the plant enzyme 5-enolpyruvylshikimate-3-phosphate synthase. Farmers quickly adopted glyphosate for agricultural weed control, especially after introduction of glyphosate-resistant Roundup Ready crops, enabling farmers to kill weeds without killing their crops. Glyphosate is an herbicide which is applied to the leaves of crops to kill unwanted weeds and grasses grown with plants. It prevents the crops from producing certain type of protein which is responsible for plant growth. Glyphosate comes in various forms such as acid and several salts which can be solid or an amber coloured liquid. Glyphosate is widely used in agriculture and forestry, lawns and garden, and weeds in in