North America Bioherbicides Market was worth USD 200 Million in 2021 and is expected to reach USD 401 Million by 2026 with a CAGR of 14.3 %. Bioherbicide is a kind of herbicide, which is derived from organisms, and made up of specific insects and microorganisms. Bioherbicide help in controlling the growth of undesired plants during harvest yield. As a next generation herbicide, bioherbicides are gaining prominence, around the world.
North America Bioherbicides Market Drivers:
Decreased chemical hazards, rising demand for natural products, and less demanding residue management, enhanced outcomes in yield, quality, and productivity, and support from the government are major factors strengthening the market. High growth potential in developing markets and untapped regions are providing new opportunities to the market players. However, risk of chemical secretions and shortage of product to consumer in developing countries are some of the major factors limiting the market.
North America Bioherbicides Market – By Source:
North America Bioherbicides Market – By Application Mode:
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North America Bioherbicides Market – By Application:
Microbials segment is expected to grow at highest CAGR as it provides sustainable and cost-effective yield.
Geographically, Market is further segmented into US and Canada.
Some of the key players in the market are Emery Oleochemicals, Deer Creek Holdings, Verdesian Life Sciences, LLC, EcoPesticides International, Inc., MycoLogic Inc. Innovative Biologicals, Certified Organics Australia Pty Ltd, Marrone Bio Innovations Inc., Bioherbicides Australia Pty Ltd., Hindustan Bio-tech, and Special Biochem Pvt. Ltd.
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