Latin America Glyphosate Market Size & Outlook, 2023-2030
The glyphosate market in Latin America is expected to reach a projected revenue of US$ 5,563.2 million by 2030. A compound annual growth rate of 3.7% is expected of Latin America glyphosate market from 2024 to 2030.
Revenue, 2023 (US$M)
$4,320.6
Forecast, 2030 (US$M)
$5,563.2
CAGR, 2024 - 2030
3.7%
Report Coverage
Latin America
Latin America glyphosate market, 2018-2030 (US$M)
Latin America glyphosate market highlights
- The Latin America glyphosate market generated a revenue of USD 4,320.6 million in 2023.
- The market is expected to grow at a CAGR of 3.7% from 2024 to 2030.
- In terms of segment, agricultural was the largest revenue generating application in 2023.
- Agricultural is the most lucrative application segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 4,320.6 million |
| Market revenue in 2030 | USD 5,563.2 million |
| Growth rate | 3.7% (CAGR from 2023 to 2030) |
| Largest segment | Agricultural |
| Fastest growing segment | Agricultural |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Agricultural |
| Key market players worldwide | Syngenta, Bayer AG, Nufarm Ltd, UPL, ADAMA Agricultural Solutions, Basf SE, Greenwell Biotech, Hindustan Bio Sciences, Cheminova, Sino Biological |
Other key industry trends
- In terms of revenue, Latin America region accounted for 49.5% of the global glyphosate market in 2023.
- Globally, Latin America is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 5,563.2 million by 2030.
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Glyphosate Market Scope
Glyphosate market segmentation & scope
Oilseeds & Pulses
Fruits & Vegetables
Others
Non-agricultural
Crop Type
GM Crops
Conventional Crops
Form
Solid
Liquid
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
China
India
Japan
South Korea
Brazil
Argentina
South Africa
Saudi Arabia
Glyphosate Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America glyphosate market
Related industry reports
Related regional statistics
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