North America Glyphosate Market

North America Glyphosate Market Size

The North America glyphosate market was valued at USD 3.01 billion in 2024 and is anticipated to reach USD 3.18 billion in 2025 from USD 4.88 billion by 2033, growing at a CAGR of 5.51% during the forecast period from 2025 to 2033.

 Since the beginning of agriculture, farmers have been battling a common enemy, weeds. Weeds steal water, sunlight, and nutrients from the cultivated crops and lead to a reduction in the output of the land. Glyphosate has been a breakthrough in this respect, discovered in 1970 and made commercially available in 1974, it has taken the industry by storm, being the preferred herbicide all over.

Glyphosate is broad-spectrum and non-selective, meaning it will affect most plants unless they have been engineered to be resistant. It is an organophosphorus compound and is biodegradable. It is supposedly non-toxic to humans, although excessive exposure can cause discomfort. The herbicide works based on enzyme inhibition, which is not likely to have a major impact on mammals. It is also highly adsorbed on most soils and is expected to have minimal impact on groundwater resources.

MARKET DRIVERS

The major driver of the North American glyphosate market is driven by population growth, which in turn leads to a call for increased efficiency of production from farms. Cultivation of GM crops in the region also provides future potential for the market in the region. The growing demand for food security, along with the increased demand for glyphosate in non-agricultural industries, is expected to further boost the market. Glyphosate also finds applications in the ‘concrete jungle’, where it is applied on pavements and sidewalks to kill off the weeds that may break through and cause damage. Despite the various factors for the growth of the market, the industry still gets hampered by factors such as the strict regulations put in place to minimize the ecological effects. Regulations are also put in place regarding the use of GM crops, which people are still unsure about, as they are the prime demand market for glyphosate.

REPORT COVERAGE

COUNTRY ANALYSIS

Based on geography, the North American market is analyzed under the USA and Canada. The North American market has the second-highest market share worldwide, albeit with the lowest growth rate. The low growth rate can be attributed to the fact that the region is almost fully developed and the scope for expansion is minimal.

KEY MARKET PLAYERS

The key players that are present in the glyphosate industry include Monsanto company (U.S.), Syngenta AG (Switzerland), Bayer AG (Germany), E.I. Du Pont De Nemours & Company (U.S.), The Dow Chemical Company (U.S.), Nufarm limited (Australia), Nantong Jiangshan Agrochemical & Chemical, Inc. (China), Adama Agricultural Solutions Ltd (Israel), UPL Limited (India), and Zhejiang Xinan Chemical Industrial Group Co., Ltd. (China).

MARKET SEGMENTATION

This research report on the North American glyphosate market is segmented and is sub-segmented into the following categories.

By Crop Type

• GM Crops
• Conventional Crops

By Application

• Crop-based, which includes
• Grains & Cereals
• Oil Seeds and Fruits & Vegetables

By Non-Crop

• Turf & Ornamental Grass
• Others

By Country

• The USA
• Canada
• Mexico