The bioherbicides market is expected to witness market growth at a rate of 15% in the forecast period of 2022 to 2029 and is expected to reach USD 1.84 billion by 2029. Data Bridge Market Research report on bioherbicides market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the environmental concerns globally is escalating the growth of bioherbicides market.
Bioherbicides refer to bio-based weed control agents that are made from microbes and certain types of insects by farmers. They are known to be environment-friendly and incur a lesser cost than conventional herbicides. These agents do not have a negative effect on crops or human health.
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The rise in the preference towards organic food products among consumers across the globe acts as one of the major factors driving the growth of bioherbicides market. The rise in land area under organic cultivation and high adoption of the bioherbicides owning to the reduced chemical hazards and easier residue management accelerate the market growth. The increase in regulatory pressures and harmful effects related with the use of synthetic plant protectants and rise in in emphasis on integrated pest management solutions further influence the market. Additionally, increase in concerns regarding environment, surge in incidences of pollutions, rise in usage of various forms of biological products and support from the government positively affect the bioherbicides market. Furthermore, growth in biocontrol seed treatment solutions and advances in research and development and integrated pest management (IPM) extends profitable opportunities to the market players in the forecast period of 2021 to 2029.
On the other hand, low availability and low shelf life of bioherbicides, and product limitations of bioherbicides are expected to obstruct the market growth. Low consumer adoption and awareness, and requirement of new skills and technology are projected to challenge the bioherbicides market in the forecast period of 2021-2029.
Competitive Landscape and Bioherbicides Market Share Analysis
The bioherbicides market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to bioherbicides market.
Some of the major players operating in the bioherbicides market report are Agrauxine SA, AgraQuest Inc, BASF SE, Bayer AG, Certis, De Sangosse, FMC Corporation, IsAgro SpA, Koppert Biological Systems, Marrone Bio Innovations, Monsanto Company, Novozymes, Seipasa, Syngenta, and Valent BioSciences LLC, among others.
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This bioherbicides market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on bioherbicides market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Bioherbicides Market Scope and Market Size
The bioherbicides market is segmented on the basis of source, formulation, mode of application and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of source, the bioherbicides market is segmented into microbial and biochemical.
- On the basis of formulation, the bioherbicides market is segmented into granula and liquid.
- On the basis of mode of application, the bioherbicides market is segmented into seed treatment, soil application, foliar and post-harvest.
- On the basis of application, the bioherbicides market is segmented into agricultural crops, cereals and grains, oilseeds and pulses, fruits and vegetables, non-agricultural crops, turf and ornamentals, plantation crops.
Bioherbicides Market Country Level Analysis
The bioherbicides market is analyzed and market size, volume information is provided by country, source, formulation, mode of application and application as referenced above.
The countries covered in the global bioherbicides market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the bioherbicides market because of the environmental safety concerns and organic farming within the region. Asia-Pacific is expected to witness significant growth in the forecast period of 2022-2029 due to the increasing consumer awareness regarding environment and health in the region.
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