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The global glufosinate market was valued at US$ 2.0 Billion in 2021.
We expect the global glufosinate market to exhibit a CAGR of around 9.17% during 2022-2027.
The escalating demand for genetically modified crops, along with the growing usage of glufosinate-
ammonium as a fungicide for cereal crops, vegetables, and fruits, is primarily driving the global
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown
regulations across several nations, resulting in temporary closure of numerous manufacturing units for
Based on the crop type, the global glufosinate market can be segmented into cereals and grains,
oilseeds and pulses, fruits and vegetables, and others. Among these, oilseeds and pulses currently hold
the majority of the total market share.
Based on the formulation type, the global glufosinate market has been divided into aqueous suspension,
liquid, suspension concentrate, soluble (liquid) concentrate, and others. Currently, soluble (liquid)
concentrate exhibits a clear dominance in the market.
Based on the application, the global glufosinate market can be categorized into herbicides, fungicides,
desiccant, defoliant, and others. Among these, herbicides represent the largest market share.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin
America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global glufosinate market include BASF SE, DuPont de Nemours Inc.,
Hebei Veyong Bio-Chemical Co. Ltd (Limin Group Co. Ltd.), Jiangsu Sevencontinent Green Chemical
Company Limited, LIER Chemical Co. Ltd., Nufarm, SinoHarvest, UPL Limited, and YongNong BioSciences
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