Bioherbicides Market Size, Share, Latest Innovations, Challenges, Industry Growth by 2019-2023

Global Bioherbicides Market Research Report: Information by Source (Microbials, Biochemicals and others), Mode of Application (Seed Treatment, Foliar, Soil Application and others), Crop Type (Cereals & Grains, Fruits & Vegetables, Oilseed & Pulses and others) and Region (North America, Europe, Asia-Pacific and Rest of the World) – Forecast till 2024

Competitive Analysis

Some of the manufacturers operating in the global bioherbicides market are Emery Oleochemicals (Malaysia), Deer Creek Holdings (US), Verdesian Life Sciences (US), Marrone Bio Innovations (US), ACO Certification Ltd (Australia), EcoPesticides (US), BHA (Australia), Special Biochem (India), and Hindustan Bio-Tech Chemicals & Fertilizers Ltd. (India)

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Market Overview:

Bioherbicides are control agents useful for biological weed control. The advantages of bioherbicide include high degree of specificity of target weed, no effect on non-target species, non-toxic, absence of residue build-up in the environment, and high effectiveness. Bioherbicides are compounds derived from microbes such as bacteria, protozoa, and fungi.

The Global Bioherbicides Market is primarily driven by the increasing adoption of sustainable farming methods across the globe. The demand for food is expected to increase rapidly in the coming years, necessitating efficient crop production with better crop quality. However, rapid industrialization and urbanization across the world have led to the limited availability of cultivable land, which has resulted in an increased use of agrochemicals.

Although the use of chemical fertilizers increases crop productivity, they have an adverse effect on the soil and other natural resources. Excessive use of chemical pesticides results in the build-up of toxic chemicals, soil infertility, and decreased soil intactness.

Regional Analysis:

Regionally, the global market has been segmented into five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.

Asia Pacific dominated the market with a major market share in 2017 due to the presence of agricultural driven countries such as India, China, Thailand, Malaysia, and others.

North America accounted for the second largest market share due to the extensive production of crops such as barley, corn, cotton, oats, peanuts, rice sorghum, soybeans, and wheat in this region.

The European region is likely to witness a significant growth owing to the rising demand for organic food products to drive the demand for seed treatment in the region.

Segments:

Global Bioherbicides Market has been segmented by source, application, formulation, mode of application, and region.

By source, the global bioherbicides market has been segmented into microbial, biochemicals, and others. The biochemicals segment is leading the market and are largely preferred as compared to microbial herbicides and beneficial insects as it controls pests by non-toxic mechanism. Although, the microbial herbicides are cost-effective, exposure to UV radiation reduces the effectiveness of microbial pesticides and therefore is not preferred.

Based on the application, the market is segmented into cereals & grains, oilseeds & pulses, fruits & vegetables, turfs & ornaments, and plantation crops. The increasing demand for nutritious food due to the consumer awareness coupled with the increasing rate of working population drives the demand for biopesticides. The fruits & vegetables segment lead the market as they are highly perishable and therefore prone to get damaged at a faster rate.

On the basis of the formulation, the market is segmented into granular, liquid, pellets, and others. the liquid formulation of bioherbicides are preferred due to their ease of application and effectiveness. These formulations mix well with the water and attack the target for a long time. Dry formulations, such as granular and pellets are generally sold as ready-to-use products (dusts) or concentrate forms that must be mixed with water when applied. They are not highly preferred as they drift off the target easily and hence are not reliable.

By mode of application, the market has been segmented into seed treatment, soil application, foliar, and post-harvest. Foliar spray is dominating the global market as the plants are able to absorb essential elements through their leaves, bark, stomata, and epidermis in this method. It is a method of feeding plants by applying liquid fertilizer directly to the plants, especially to the leaves. Use of foliar spray technique reduces the risk of damage to the non-targeted parts from application of fertilizer. This technique offers persistent spraying of organic droplets on leaf surface and an increased uptake of nutrients by the plants.

Intended Audiences:

Bioherbicides manufacturers
Agrochemical manufacturers
Dealers and distributors
Raw material suppliers and distributors
Traders, exporters, and importers

Table Of Contents

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Supply Chain Analysis

4.1.1 Raw Material Suppliers

4.1.2 Manufacturers/Producers

4.1.3 Distributors/Retailers/Wholesalers/E-Commerce

4.1.4 End Users

4.2 Porter’s Five Forces Analysis

4.2.1 Threat Of New Entrants

4.2.2 Bargaining Power Of Buyers

4.2.3 Bargaining Power Of Suppliers

4.2.4 Threat Of Substitutes

4.2.5 Internal Rivalry

5 Market Dynamics Of The Global Bioherbicides Market

5.1 Introduction

5.2 Drivers

5.3 Restraints

5.4 Opportunities

5.5 Challenges

6. Global Bioherbicides Market, By Source

6.1 Introduction

6.2 Microbials

6.2.1 Market Estimates & Forecast, 2019–2024

6.2.2 Market Estimates & Forecast, By Region, 2019–2024

6.3 Biochemicals

6.3.1 Market Estimates & Forecast, 2019–2024

6.3.2 Market Estimates & Forecast, By Region, 2019–2024

6.4 Others

6.4.1 Market Estimates & Forecast, 2019–2024

6.4.2 Market Estimates & Forecast, By Region, 2019–2024

7. Global Bioherbicides Market, By Mode Of Application

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Source URL: https://marketersmedia.com/bioherbicides-market-2019-global-industry-growth-key-vendors-historical-analysis-development-strategy-sales-revenue-by-forecast-2023/88911327

Source: MarketersMedia

Release ID: 88911327

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