Bioherbicides Market

Bioherbicides Market Size & Growth (2022 - 2027):

Bioherbicides Market was worth USD 1210.4 Million in 2021 and is expected to reach USD 3110.2 Million by 2026 with a CAGR of 14.64 %. The bioherbicides market is growing tremendously owing to the rising demand for organic products.

The herbicide is a type of pesticide that is used to control weeds or undesirable plants. Bioherbicide is a biological-based herbicide to control the weed. These compounds do not cause any harm to the farmers during the handling process. Furthermore, crops harvested using bioherbicides are considered safe for consumption.

Bioherbicides Market Drivers:

Rising demand for natural products decreased chemical hazards and less demanding residue management, enhanced outcomes in yield, quality, and productivity, and support from the government are the major factors driving the growth of the market. High growth potential in developing markets and untapped regions are providing new opportunities to the market players. However, the risk of chemical secretions and shortage of products to the consumer in developing countries are some of the major factors restricting the market.

BIOHERBICIDES MARKET REPORT COVERAGE:

Market Segmentation:

Bioherbicides Market – By Source:

• Microbials

• Biochemicals
• Others

Bioherbicides Market – By Application Mode:

• Seed
• Soil
• Foliar
• Post-harvest
• others

Bioherbicides Market – By Formulation:

• Granular
• Liquid
• Others

Bioherbicides Market – By Mode of Action:

• MOA involving Photosynthesis
• MOA Targeting Enzymes
• Others

Bioherbicides Market – By Application:

• Agricultural
  • Cereals & Grains
  • Oilseeds & Pulses
  • Fruits & Vegetables
  • others
• Non-Agricultural Crop Types
  • Turf & Ornamentals
  • Plantation Crops

Microbials segment is expected to grow at the highest CAGR as it provides a sustainable and cost-effective yield.

Geographical Analysis:

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa

Asia-Pacific Dominates the market currently and growing significantly throughout the forecast period owing to an increase in demand for high quantity and quality yield.

Key Players:

Major players in the market include Emery Oleochemicals, Deer Creek Holdings, Verdesian Life Sciences, LLC, Marrone Bio Innovations Inc., Certified Organics Australia Pty Ltd, EcoPesticides International, Inc., MycoLogic Inc. Innovative Biologicals, Bioherbicides Australia Pty Ltd., Hindustan Biotech, and Special Biochem Pvt. Ltd.