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The global glyphosate market is expected to be valued at USD 9 billion over the forecast period of 2016-2024. Surging demand for (GM) genetically modified crops is expected to remain a key driver for the market.
Growing population coupled with augmented crop consumption in bio-fuel and as well as in animal feed is anticipated to fuel the genetically modified crops market. Increasing demand for no-tillage and minimum tillage system is expected to boost the demand.