Market Forecast By Application (Genetically Modified (GM) Crops, Conventional Crops) And Competitive Landscape
| Product Code: ETC415771 | Publication Date: Oct 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
| Report Name | Australia Glyphosate Market |
| Forecast period | 2025-2031 |
| CAGR | 4% |
| Growing Sector | Agriculture |
Australia Glyphosate Market report thoroughly covers the market by application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Australia Glyphosate Market has been experiencing significant dynamics in recent years, primarily driven by the agricultural sector's robust demand for efficient herbicides. Glyphosate, being a broad-spectrum systemic herbicide, has become a staple in Australian farming practices for its efficacy in weed control, thereby enhancing crop yields. The market's growth is intricately linked to the agricultural productivity goals and the evolving regulatory landscape concerning chemical usage. Despite facing environmental and health safety concerns, glyphosate remains a critical tool for Australian farmers, underscoring the market's resilience and ongoing adaptation through innovation and regulatory compliance.
According to 6Wresearch, the Australia Glyphosate Market size is projected to grow at the CAGR of 4% during the forecast period of 2025-2031. The demand for glyphosate in Australia is primarily driven by the agriculture sector. With Australia being one of the leading exporters of agricultural products, there has been a significant increase in the cultivation of genetically modified crops that require glyphosate as a herbicide. Additionally, factors such as the growing population and changing food consumption patterns have led to a surge in demand for high-quality agricultural products, hence boosting the use of glyphosate in crop production. The rise in adoption of modern farming techniques that involve minimum tillage practices has further increased the usage of glyphosate. This is because it helps improve soil health and conserve moisture, resulting in better yields and overall cost savings for farmers. Despite the positive growth prospects, there are some challenges that might hinder the Australia Glyphosate Market Growth. One of the major concerns is the potential health and environmental risks associated with glyphosate use. The controversy surrounding the carcinogenic properties of glyphosate has led to increased scrutiny from regulatory bodies, causing uncertainty in its usage. Additionally, the development of weed resistance to glyphosate has also become a growing concern for farmers, leading to the need for alternative herbicides.
The Australian government's approach towards regulating glyphosate usage underscores its commitment to both agricultural productivity and environmental sustainability. Key initiatives include the Pesticides and Veterinary Medicines Authority (APVMA) overseeing the registration and approval of any glyphosate-based products, ensuring they meet stringent safety and efficacy guidelines. Additionally, the National Plan for Sustainable Agriculture has been instrumental in promoting best practices among farmers, with a focus on reducing chemical reliance through integrated pest management strategies. Furthermore, the government has facilitated funding for research projects aimed at discovering and developing alternative herbicides and weed control techniques that are less harmful to the environment and public health. Through these policies and schemes, Australia aims to strike a balance between enabling agricultural innovations and protecting its natural resources and citizens.
The Australia glyphosate Industry is dominated by several key players who have been instrumental in driving innovation and ensuring the adherence to new regulatory standards. Among these are Monsanto, now a part of Bayer AG, which has been a leading figure in the development and distribution of glyphosate products. Other notable companies include Syngenta AG and BASF SE, which have been focusing on the introduction of new glyphosate formulations and integrated weed management solutions. These industry leaders are at the forefront of addressing concerns related to glyphosate use through continued investment in research and development, demonstrating a commitment to sustainable agricultural practices.
The Glyphosate market in Australia is expected to continue its growth trajectory in the coming years. With advancements in technology and increasing investments in research and development, there are ongoing efforts to develop new formulations of glyphosate that are more effective and environmentally friendly. Moreover, the increasing demand for sustainable agriculture practices is also likely to drive the market towards the adoption of safer herbicides. With the support of government initiatives promoting sustainable farming practices and the growing trend towards organic farming, there is a potential for growth in the demand for glyphosate-free agricultural products. This could create opportunities for companies to tap into niche markets and diversify their product portfolios.
According to Dhaval, Research Manager, 6Wresearch, the genetically modified (GM) crops segment is expected to grow significantly in the Australia Glyphosate Market. This can be attributed to the increasing adoption of GM crop technology, which has proven to be a more efficient and sustainable method of farming. The use of glyphosate in GM crops allows for targeted weed control without harming the crop itself, resulting in higher yields and cost savings for farmers.
The report offers a comprehensive study of the subsequent market segments:
| 1 Executive Summary |
| 2 Introduction |
| 2.1 Key Highlights of the Report |
| 2.2 Report Description |
| 2.3 Market Scope & Segmentation |
| 2.4 Research Methodology |
| 2.5 Assumptions |
| 3 Australia Glyphosate Market Overview |
| 3.1 Australia Country Macro Economic Indicators |
| 3.2 Australia Glyphosate Market Revenues & Volume, 2021 & 2031F |
| 3.3 Australia Glyphosate Market - Industry Life Cycle |
| 3.4 Australia Glyphosate Market - Porter's Five Forces |
| 3.5 Australia Glyphosate Market Revenues & Volume Share, By Application, 2021 & 2031F |
| 4 Australia Glyphosate Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.2.1 Increasing adoption of modern agricultural practices in Australia |
| 4.2.2 Growing demand for genetically modified (GM) crops that are glyphosate-resistant |
| 4.2.3 Rising awareness about the benefits of glyphosate in weed control |
| 4.3 Market Restraints |
| 4.3.1 Stringent regulations and restrictions on glyphosate usage in Australia |
| 4.3.2 Concerns over the potential health and environmental impacts of glyphosate |
| 4.3.3 Competition from alternative herbicides and sustainable farming practices |
| 5 Australia Glyphosate Market Trends |
| 6 Australia Glyphosate Market, By Types |
| 6.1 Australia Glyphosate Market, By Application |
| 6.1.1 Overview and Analysis |
| 6.1.2 Australia Glyphosate Market Revenues & Volume, By Application, 2021-2031F |
| 6.1.3 Australia Glyphosate Market Revenues & Volume, By Genetically Modified (GM) Crops, 2021-2031F |
| 6.1.4 Australia Glyphosate Market Revenues & Volume, By Conventional Crops, 2021-2031F |
| 7 Australia Glyphosate Market Import-Export Trade Statistics |
| 7.1 Australia Glyphosate Market Export to Major Countries |
| 7.2 Australia Glyphosate Market Imports from Major Countries |
| 8 Australia Glyphosate Market Key Performance Indicators |
| 8.1 Average glyphosate application rate per hectare |
| 8.2 Adoption rate of GM crops in Australia |
| 8.3 Number of research studies supporting the efficacy and safety of glyphosate |
| 9 Australia Glyphosate Market - Opportunity Assessment |
| 9.1 Australia Glyphosate Market Opportunity Assessment, By Application, 2021 & 2031F |
| 10 Australia Glyphosate Market - Competitive Landscape |
| 10.1 Australia Glyphosate Market Revenue Share, By Companies, 2024 |
| 10.2 Australia Glyphosate Market Competitive Benchmarking, By Operating and Technical Parameters |
| 11 Company Profiles |
| 12 Recommendations |
| 13 Disclaimer |