Global Glyphosate Toxicity Market Overview
According to Global Market Monitor, the global glyphosate toxicity market size is $5921.04 million in 2024 and is expected to grow to $8431.25million by 2029.Glyphosate is a broad-spectrum systemic herbicide and crop desiccant. It is an organic phosphorus compound and is a moderately toxic herbicide.
Growing Demand for Genetically Modified Crops
Transgenic is the use of modern biotechnology to artificially isolate the good genes of one organism and introduce them into the genome of another organism, thereby improving the original traits of the organism or giving it new traits. Genetically modified crops not only produce good benefits in agriculture, socio-economic, and environmental aspects but also improve food safety and nutrition levels. The continued increase in the area planted with genetically modified crops may help reduce global hunger and malnutrition. Although there is much controversy over the safety of genetically modified crops, the types of genetically modified crops, planting areas, types of processed foods, and people eating are still expanding year by year.
Glyphosate is the active ingredient of an herbicide used to control the growth of broadleaf weeds and grasses. Glyphosate works by preventing the production of proteins needed for plant growth. Most GM crops in the world are glyphosate-resistant. Weeds are killed when glyphosate herbicide is sprayed. However, GM crops are not killed because they are resistant to glyphosate. The purpose of weeding. With the development of genetically modified crops, the glyphosate market will further expand.
The Product May Hurt the Environment.
Glyphosate products may be harmful to some animals or plants when they are used, causing adverse effects on the ecology. Glyphosate is generally less toxic to fish and wildlife, but some products may contain other ingredients that cause toxicity. In addition, glyphosate may cause some damage to the ecology after killing the plants, and change the habitat of some wild animals.
The Leading Company
Monsanto is one of the major players operating in the Glyphosate Toxicity market, holding a share of 31.56% in 2023. Monsanto Company is the agricultural biotechnology division of Bayer, a German pharmaceutical and chemical multinational group. Its flagship product, Roundup, is a globally known glyphosate herbicide.
Company Name |
Monsanto |
Website |
www.monsanto.com |
Plants Distribution |
Worldwide |
Sales Region |
Worldwide |
Product Introduction |
Glyphosate-based herbicides, as a tool system for comprehensive weed control, have provided efficient, safe, and cost-effective weed control for more than 40 years. Each of these tools has powerful capabilities, and by combining them, farmers are very effective in protecting crops and the environment. |
We provide more professional and intelligent market reports to complement your business decisions.