Glufosinate Market
Glufosinate Market Forecasts to 2028 – Global Analysis By Form (Dry, Liquid), Application (Herbicides, Defoliant, Desiccant), Formulation Type, End User, and By Geography
Years Covered |
2020-2028 |
Estimated Year Value (2021) |
US $2.14 BN |
Projected Year Value (2028) |
US $4.51 BN |
CAGR (2021 - 2028) |
11.2% |
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
Largest Market |
Asia Pacific |
Fastest Growing Market |
North America |
According to Stratistics MRC, the Global Glufosinate Market is accounted for $2.14 billion in 2021 and is expected to reach $4.51 billion by 2028 growing at a CAGR of 11.2% during the forecast period. Glufosinate is safe to use herbicide, which control the growth of important weeds and is applied to immature plants at their early development stage to retrieve better results. Farmers rely on glufosinate, as it ensures a high degree of crop safety; it only affects the parts of the plant where it is applied.
Market Dynamics:
Driver:
Increasing crop production
Glufosinate plays a significant role in providing crops with the nutrients they require to develop and improve crop yield, attributable to which it is often utilized during crop production. With the total population continually increasing, enough crops should be grown every year to feed everyone, which is the reason crop production is increasing over the world. Agricultural growth has increased dramatically in recent years, although the most of this growth has been driven by expanded yield per unit area rather than increasing farmed area. To further develop the crop yield within the same area of arable lands and provide crops with proper nutrients the demand for glufosinate will increase, which will drive the market.
Restraint:
Acute hazards related to glufosinate
Glufosinate is an organophosphorus chemical that is predominantly a foliar-active herbicide with low systemic activity and has been related to a variety of human health and environmental effects. Glufosinate can cause a range of impacts from substantial, but temporary eye injury, skin irritation, and respiratory failure, to death through dermal absorption or ingestion. Any contact with the drug can result in negative consequences. These effects might differ relying on glufosinate formulations and technical grade glufosinate. Thus, these acute hazards related to glufosinate is restraining the glufosinate market.
Opportunity:
Agricultural initiatives by the government
Governments are investing heavily in agricultural projects and investments since it is one of the best methods to improve environmental sustainability. The new procedures aim to increase agricultural exports in the next few years, assuming a stable trade policy regimen. Consequently, the agriculture sector is extended in various places because of the government's various agricultural programs. Furthermore, with the rising agricultural sector, the demand for glufosinate will also increase, which will provide ample opportunities for market growth.
The agricultural segment is expected to be the largest during the forecast period
The agricultural segment is estimated to have a lucrative growth due to the growing yield of agricultural crops such as corn, soybean, beans, canola, sugar beets, sugar cane, and sweet potato that are genetically modified to tolerate glufosinate. The increasing consumption and the presence of greater yield in most of the countries will positively contribute to the application segment.
The liquid segment is expected to have the highest CAGR during the forecast period
The liquid segment is anticipated to witness the fastest CAGR growth during the forecast period owing to the increasing need for low-temperature stability in various industrial and non-industrial verticals as it has a long process of usage. Liquid glufosinate is easy to use and is increasingly employed in agricultural areas for weed control whilst having a minimal direct effect on animals.
Region with highest share:
Asia Pacific is projected to hold the largest market share during the forecast period due to rise in consumer base in the region. The global glufosinate herbicides are majorly used in oilseeds & pulses and cereals & grains crop types. Countries contributing majorly to the global glufosinate market in Asia-Pacific are China, India, and South Korea.
Region with highest CAGR:
North America is projected to have the highest CAGR over the forecast period owing to increasing acreage under glufosinate-tolerance crops, and resistance development to glyphosate herbicide products, alleviating popularity of bio-based agro solutions and the higher yield of glufosinate-tolerance crops in countries of the North American region. This has led to the rise in the number of research activities and programs in the region.
Key players in the market
Some of the key players profiled in the Glufosinate Market include Zhejiang Yongnong Chem. Ind. Co. Ltd., UPL, The Dow Chemical Company, Syngenta AG, Nufarm Ltd, Limin Chemical Co., Ltd, Jiangsu Huangma Agrochemicals Co, Ltd., Hebei Veyong Bio-Chemical Co., Ltd., E. I. du Pont de Nemours and Company and Bayer AG.
Key Developments:
In September 2020, BASF has acquired the proprietary Glu-L™ technology for L-glufosinate ammonium from AgriMetis™. With this BASF Agricultural Solutions will offer its customers an even more efficient product to protect against unwanted weeds with an improved formulation.
Crop Types Covered:
• Conventional Crops
• Genetically Modified Crops
Formulation Types Covered:
• Suspension Concentrate
• Soluble (Liquid) Concentrate
• Aqueous Suspension
Forms Covered:
• Dry
• Liquid
Types Covered:
• 50%TK
• 95%TC
Applications Covered:
• Desiccant
• Insecticides and Fungicides
• Herbicides
• Defoliant
End Users Covered:
• Non-Agricultural
• Agricultural
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Glufosinate Market, By Crop Type
5.1 Introduction
5.2 Conventional Crops
5.3 Genetically Modified Crops
6 Global Glufosinate Market, By Formulation Type
6.1 Introduction
6.2 Suspension Concentrate
6.3 Soluble (Liquid) Concentrate
6.4 Aqueous Suspension
7 Global Glufosinate Market, By Form
7.1 Introduction
7.2 Dry
7.3 Liquid
8 Global Glufosinate Market, By Type
8.1 Introduction
8.2 50%TK
8.3 95%TC
9 Global Glufosinate Market, By Application
9.1 Introduction
9.2 Desiccant
9.3 Insecticides and Fungicides
9.4 Herbicides
9.5 Defoliant
10 Global Glufosinate Market, By End User
10.1 Introduction
10.2 Non-Agricultural
10.3 Agricultural
10.3.1 Grains & Cereals
10.3.2 Oilseeds & Pulses
10.3.3 Fruits & Vegetables
10.3.4 Other Agricultural End Users
10.3.4.1 Sugarcane
10.3.4.2 Plantation Crops
10.3.4.3 Pastures
11 Global Glufosinate Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Zhejiang Yongnong Chem. Ind. Co. Ltd.
13.2 UPL
13.3 The Dow Chemical Company
13.4 Syngenta AG
13.5 Nufarm Ltd
13.6 Limin Chemical Co., Ltd
13.7 Jiangsu Huangma Agrochemicals Co, Ltd.
13.8 Hebei Veyong Bio-Chemical Co., Ltd.
13.9 E. I. du Pont de Nemours and Company
13.10 Bayer AG
List of Tables
1 Global Glufosinate Market Outlook, By Region (2020-2028) ($MN)
2 Global Glufosinate Market Outlook, By Crop Type (2020-2028) ($MN)
3 Global Glufosinate Market Outlook, By Conventional Crops (2020-2028) ($MN)
4 Global Glufosinate Market Outlook, By Genetically Modified Crops (2020-2028) ($MN)
5 Global Glufosinate Market Outlook, By Formulation Type (2020-2028) ($MN)
6 Global Glufosinate Market Outlook, By Suspension Concentrate (2020-2028) ($MN)
7 Global Glufosinate Market Outlook, By Soluble (Liquid) Concentrate (2020-2028) ($MN)
8 Global Glufosinate Market Outlook, By Aqueous Suspension (2020-2028) ($MN)
9 Global Glufosinate Market Outlook, By Form (2020-2028) ($MN)
10 Global Glufosinate Market Outlook, By Dry (2020-2028) ($MN)
11 Global Glufosinate Market Outlook, By Liquid (2020-2028) ($MN)
12 Global Glufosinate Market Outlook, By Type (2020-2028) ($MN)
13 Global Glufosinate Market Outlook, By 50%TK (2020-2028) ($MN)
14 Global Glufosinate Market Outlook, By 95%TC (2020-2028) ($MN)
15 Global Glufosinate Market Outlook, By Application (2020-2028) ($MN)
16 Global Glufosinate Market Outlook, By Desiccant (2020-2028) ($MN)
17 Global Glufosinate Market Outlook, By Insecticides and Fungicides (2020-2028) ($MN)
18 Global Glufosinate Market Outlook, By Herbicides (2020-2028) ($MN)
19 Global Glufosinate Market Outlook, By Defoliant (2020-2028) ($MN)
20 Global Glufosinate Market Outlook, By End User (2020-2028) ($MN)
21 Global Glufosinate Market Outlook, By Non-Agricultural (2020-2028) ($MN)
22 Global Glufosinate Market Outlook, By Agricultural (2020-2028) ($MN)
23 Global Glufosinate Market Outlook, By Grains & Cereals (2020-2028) ($MN)
24 Global Glufosinate Market Outlook, By Oilseeds & Pulses (2020-2028) ($MN)
25 Global Glufosinate Market Outlook, By Fruits & Vegetables (2020-2028) ($MN)
26 Global Glufosinate Market Outlook, By Other Agricultural End Users (2020-2028) ($MN)
27 North America Glufosinate Market Outlook, By Country (2020-2028) ($MN)
28 North America Glufosinate Market Outlook, By Crop Type (2020-2028) ($MN)
29 North America Glufosinate Market Outlook, By Conventional Crops (2020-2028) ($MN)
30 North America Glufosinate Market Outlook, By Genetically Modified Crops (2020-2028) ($MN)
31 North America Glufosinate Market Outlook, By Formulation Type (2020-2028) ($MN)
32 North America Glufosinate Market Outlook, By Suspension Concentrate (2020-2028) ($MN)
33 North America Glufosinate Market Outlook, By Soluble (Liquid) Concentrate (2020-2028) ($MN)
34 North America Glufosinate Market Outlook, By Aqueous Suspension (2020-2028) ($MN)
35 North America Glufosinate Market Outlook, By Form (2020-2028) ($MN)
36 North America Glufosinate Market Outlook, By Dry (2020-2028) ($MN)
37 North America Glufosinate Market Outlook, By Liquid (2020-2028) ($MN)
38 North America Glufosinate Market Outlook, By Type (2020-2028) ($MN)
39 North America Glufosinate Market Outlook, By 50%TK (2020-2028) ($MN)
40 North America Glufosinate Market Outlook, By 95%TC (2020-2028) ($MN)
41 North America Glufosinate Market Outlook, By Application (2020-2028) ($MN)
42 North America Glufosinate Market Outlook, By Desiccant (2020-2028) ($MN)
43 North America Glufosinate Market Outlook, By Insecticides and Fungicides (2020-2028) ($MN)
44 North America Glufosinate Market Outlook, By Herbicides (2020-2028) ($MN)
45 North America Glufosinate Market Outlook, By Defoliant (2020-2028) ($MN)
46 North America Glufosinate Market Outlook, By End User (2020-2028) ($MN)
47 North America Glufosinate Market Outlook, By Non-Agricultural (2020-2028) ($MN)
48 North America Glufosinate Market Outlook, By Agricultural (2020-2028) ($MN)
49 North America Glufosinate Market Outlook, By Grains & Cereals (2020-2028) ($MN)
50 North America Glufosinate Market Outlook, By Oilseeds & Pulses (2020-2028) ($MN)
51 North America Glufosinate Market Outlook, By Fruits & Vegetables (2020-2028) ($MN)
52 North America Glufosinate Market Outlook, By Other Agricultural End Users (2020-2028) ($MN)
53 Europe Glufosinate Market Outlook, By Country (2020-2028) ($MN)
54 Europe Glufosinate Market Outlook, By Crop Type (2020-2028) ($MN)
55 Europe Glufosinate Market Outlook, By Conventional Crops (2020-2028) ($MN)
56 Europe Glufosinate Market Outlook, By Genetically Modified Crops (2020-2028) ($MN)
57 Europe Glufosinate Market Outlook, By Formulation Type (2020-2028) ($MN)
58 Europe Glufosinate Market Outlook, By Suspension Concentrate (2020-2028) ($MN)
59 Europe Glufosinate Market Outlook, By Soluble (Liquid) Concentrate (2020-2028) ($MN)
60 Europe Glufosinate Market Outlook, By Aqueous Suspension (2020-2028) ($MN)
61 Europe Glufosinate Market Outlook, By Form (2020-2028) ($MN)
62 Europe Glufosinate Market Outlook, By Dry (2020-2028) ($MN)
63 Europe Glufosinate Market Outlook, By Liquid (2020-2028) ($MN)
64 Europe Glufosinate Market Outlook, By Type (2020-2028) ($MN)
65 Europe Glufosinate Market Outlook, By 50%TK (2020-2028) ($MN)
66 Europe Glufosinate Market Outlook, By 95%TC (2020-2028) ($MN)
67 Europe Glufosinate Market Outlook, By Application (2020-2028) ($MN)
68 Europe Glufosinate Market Outlook, By Desiccant (2020-2028) ($MN)
69 Europe Glufosinate Market Outlook, By Insecticides and Fungicides (2020-2028) ($MN)
70 Europe Glufosinate Market Outlook, By Herbicides (2020-2028) ($MN)
71 Europe Glufosinate Market Outlook, By Defoliant (2020-2028) ($MN)
72 Europe Glufosinate Market Outlook, By End User (2020-2028) ($MN)
73 Europe Glufosinate Market Outlook, By Non-Agricultural (2020-2028) ($MN)
74 Europe Glufosinate Market Outlook, By Agricultural (2020-2028) ($MN)
75 Europe Glufosinate Market Outlook, By Grains & Cereals (2020-2028) ($MN)
76 Europe Glufosinate Market Outlook, By Oilseeds & Pulses (2020-2028) ($MN)
77 Europe Glufosinate Market Outlook, By Fruits & Vegetables (2020-2028) ($MN)
78 Europe Glufosinate Market Outlook, By Other Agricultural End Users (2020-2028) ($MN)
79 Asia Pacific Glufosinate Market Outlook, By Country (2020-2028) ($MN)
80 Asia Pacific Glufosinate Market Outlook, By Crop Type (2020-2028) ($MN)
81 Asia Pacific Glufosinate Market Outlook, By Conventional Crops (2020-2028) ($MN)
82 Asia Pacific Glufosinate Market Outlook, By Genetically Modified Crops (2020-2028) ($MN)
83 Asia Pacific Glufosinate Market Outlook, By Formulation Type (2020-2028) ($MN)
84 Asia Pacific Glufosinate Market Outlook, By Suspension Concentrate (2020-2028) ($MN)
85 Asia Pacific Glufosinate Market Outlook, By Soluble (Liquid) Concentrate (2020-2028) ($MN)
86 Asia Pacific Glufosinate Market Outlook, By Aqueous Suspension (2020-2028) ($MN)
87 Asia Pacific Glufosinate Market Outlook, By Form (2020-2028) ($MN)
88 Asia Pacific Glufosinate Market Outlook, By Dry (2020-2028) ($MN)
89 Asia Pacific Glufosinate Market Outlook, By Liquid (2020-2028) ($MN)
90 Asia Pacific Glufosinate Market Outlook, By Type (2020-2028) ($MN)
91 Asia Pacific Glufosinate Market Outlook, By 50%TK (2020-2028) ($MN)
92 Asia Pacific Glufosinate Market Outlook, By 95%TC (2020-2028) ($MN)
93 Asia Pacific Glufosinate Market Outlook, By Application (2020-2028) ($MN)
94 Asia Pacific Glufosinate Market Outlook, By Desiccant (2020-2028) ($MN)
95 Asia Pacific Glufosinate Market Outlook, By Insecticides and Fungicides (2020-2028) ($MN)
96 Asia Pacific Glufosinate Market Outlook, By Herbicides (2020-2028) ($MN)
97 Asia Pacific Glufosinate Market Outlook, By Defoliant (2020-2028) ($MN)
98 Asia Pacific Glufosinate Market Outlook, By End User (2020-2028) ($MN)
99 Asia Pacific Glufosinate Market Outlook, By Non-Agricultural (2020-2028) ($MN)
100 Asia Pacific Glufosinate Market Outlook, By Agricultural (2020-2028) ($MN)
101 Asia Pacific Glufosinate Market Outlook, By Grains & Cereals (2020-2028) ($MN)
102 Asia Pacific Glufosinate Market Outlook, By Oilseeds & Pulses (2020-2028) ($MN)
103 Asia Pacific Glufosinate Market Outlook, By Fruits & Vegetables (2020-2028) ($MN)
104 Asia Pacific Glufosinate Market Outlook, By Other Agricultural End Users (2020-2028) ($MN)
105 South America Glufosinate Market Outlook, By Country (2020-2028) ($MN)
106 South America Glufosinate Market Outlook, By Crop Type (2020-2028) ($MN)
107 South America Glufosinate Market Outlook, By Conventional Crops (2020-2028) ($MN)
108 South America Glufosinate Market Outlook, By Genetically Modified Crops (2020-2028) ($MN)
109 South America Glufosinate Market Outlook, By Formulation Type (2020-2028) ($MN)
110 South America Glufosinate Market Outlook, By Suspension Concentrate (2020-2028) ($MN)
111 South America Glufosinate Market Outlook, By Soluble (Liquid) Concentrate (2020-2028) ($MN)
112 South America Glufosinate Market Outlook, By Aqueous Suspension (2020-2028) ($MN)
113 South America Glufosinate Market Outlook, By Form (2020-2028) ($MN)
114 South America Glufosinate Market Outlook, By Dry (2020-2028) ($MN)
115 South America Glufosinate Market Outlook, By Liquid (2020-2028) ($MN)
116 South America Glufosinate Market Outlook, By Type (2020-2028) ($MN)
117 South America Glufosinate Market Outlook, By 50%TK (2020-2028) ($MN)
118 South America Glufosinate Market Outlook, By 95%TC (2020-2028) ($MN)
119 South America Glufosinate Market Outlook, By Application (2020-2028) ($MN)
120 South America Glufosinate Market Outlook, By Desiccant (2020-2028) ($MN)
121 South America Glufosinate Market Outlook, By Insecticides and Fungicides (2020-2028) ($MN)
122 South America Glufosinate Market Outlook, By Herbicides (2020-2028) ($MN)
123 South America Glufosinate Market Outlook, By Defoliant (2020-2028) ($MN)
124 South America Glufosinate Market Outlook, By End User (2020-2028) ($MN)
125 South America Glufosinate Market Outlook, By Non-Agricultural (2020-2028) ($MN)
126 South America Glufosinate Market Outlook, By Agricultural (2020-2028) ($MN)
127 South America Glufosinate Market Outlook, By Grains & Cereals (2020-2028) ($MN)
128 South America Glufosinate Market Outlook, By Oilseeds & Pulses (2020-2028) ($MN)
129 South America Glufosinate Market Outlook, By Fruits & Vegetables (2020-2028) ($MN)
130 South America Glufosinate Market Outlook, By Other Agricultural End Users (2020-2028) ($MN)
131 Middle East & Africa Glufosinate Market Outlook, By Country (2020-2028) ($MN)
132 Middle East & Africa Glufosinate Market Outlook, By Crop Type (2020-2028) ($MN)
133 Middle East & Africa Glufosinate Market Outlook, By Conventional Crops (2020-2028) ($MN)
134 Middle East & Africa Glufosinate Market Outlook, By Genetically Modified Crops (2020-2028) ($MN)
135 Middle East & Africa Glufosinate Market Outlook, By Formulation Type (2020-2028) ($MN)
136 Middle East & Africa Glufosinate Market Outlook, By Suspension Concentrate (2020-2028) ($MN)
137 Middle East & Africa Glufosinate Market Outlook, By Soluble (Liquid) Concentrate (2020-2028) ($MN)
138 Middle East & Africa Glufosinate Market Outlook, By Aqueous Suspension (2020-2028) ($MN)
139 Middle East & Africa Glufosinate Market Outlook, By Form (2020-2028) ($MN)
140 Middle East & Africa Glufosinate Market Outlook, By Dry (2020-2028) ($MN)
141 Middle East & Africa Glufosinate Market Outlook, By Liquid (2020-2028) ($MN)
142 Middle East & Africa Glufosinate Market Outlook, By Type (2020-2028) ($MN)
143 Middle East & Africa Glufosinate Market Outlook, By 50%TK (2020-2028) ($MN)
144 Middle East & Africa Glufosinate Market Outlook, By 95%TC (2020-2028) ($MN)
145 Middle East & Africa Glufosinate Market Outlook, By Application (2020-2028) ($MN)
146 Middle East & Africa Glufosinate Market Outlook, By Desiccant (2020-2028) ($MN)
147 Middle East & Africa Glufosinate Market Outlook, By Insecticides and Fungicides (2020-2028) ($MN)
148 Middle East & Africa Glufosinate Market Outlook, By Herbicides (2020-2028) ($MN)
149 Middle East & Africa Glufosinate Market Outlook, By Defoliant (2020-2028) ($MN)
150 Middle East & Africa Glufosinate Market Outlook, By End User (2020-2028) ($MN)
151 Middle East & Africa Glufosinate Market Outlook, By Non-Agricultural (2020-2028) ($MN)
152 Middle East & Africa Glufosinate Market Outlook, By Agricultural (2020-2028) ($MN)
153 Middle East & Africa Glufosinate Market Outlook, By Grains & Cereals (2020-2028) ($MN)
154 Middle East & Africa Glufosinate Market Outlook, By Oilseeds & Pulses (2020-2028) ($MN)
155 Middle East & Africa Glufosinate Market Outlook, By Fruits & Vegetables (2020-2028) ($MN)
156 Middle East & Africa Glufosinate Market Outlook, By Other Agricultural End Users (2020-2028) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
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We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.