Glucosinate Market to surpass USD 7.6 Billion by 2034, Says
From GlobeNewswire: 2025-02-19 08:00:00
The Glucosinate Market is set to soar from USD 3.1 billion in 2024 to USD 7.6 billion by 2034, driven by demand for sustainable solutions, particularly in agriculture. Liquid glucosinate, valued at USD 1.9 billion in 2024, is expected to grow at an 8% CAGR, favored for its stability and effectiveness in weed management.
In the U.S., the glucosinate market is projected to grow at a CAGR of 10.3% through 2034, reaching USD 911.4 million. This growth is fueled by the need for more effective herbicides due to increasing weed resistance. Glucosinate is becoming a key herbicide in integrated weed management programs, especially in regions facing significant resistance challenges.
Industry players in the glucosinate market include Adama, Basf Se, Nufarm, and others. This market research report provides detailed insights and forecasts in terms of revenue and volume from 2021 to 2034, covering different segments such as formulation, packaging type, and crop type. Global Market Insights Inc. offers comprehensive market research and consulting services to aid strategic decision-making in various industries.
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