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Global glyphosate industry is consolidated due to presence of few dominating players. Key market players include
The key strategies adopted by industry participants include mergers & acquisitions, strategic collaborations, and supply chain agreements. For instance, in June 2018, Bayer AG announced that it has completed acquisition of US-based biotech major Monsanto in deal reported to be of USD 63 billion. This acquisition will help Bayer to support its vison of becoming leading agricultural company.