[Research Report] The bioherbicides market is expected to grow from US$ 1,747.83 million in 2021 to US$ 3,889.73 million by 2028; it is estimated to grow at a CAGR of 12.1% from 2021 to 2028.
Bioherbicides include herbicides made up of pathogens, phytotoxins, and other microbes. They are used for the management and control of the weed.
In 2020, North America dominated the global bioherbicides market share; it is expected to retain its dominance during the forecast period. The rise in demand for bioherbicides across the region is due to the increased awareness about environmental safety concerns and organic farming. The rising initiatives for increasing consumer awareness regarding the environment and health are projected to play a key role in the region's development, particularly in the US and Canada. According to the US Department of Agriculture, consumer demand for organically produced goods continues to grow double-digit, providing market incentives for US farmers across a broad range of products. These factors are driving the market across the region. Asia Pacific is expected to be the fastest-growing region during the forecast period. As the population is growing in countries such as China and India, there is need for greater scale food and agricultural activities. Consumers are becoming conscious about what they eat and drink and are preferring organic food products. In response to changes in consumer preferences, farmers have become more inclined toward organic farming, which is contributing to the growth of the market across the region.
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Bioherbicides Market: Strategic Insights
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Bioherbicides Market: Strategic Insights
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Market Insights
Increasing Use of Turf Grass in Commercial Applications
Turf grass has become increasingly used which is due to its aesthetic quality and helps in providing beauty and value to a managed landscape. The presence of weeds in turf grass can decrease its aesthetic quality and usability, and thus, the utilization of herbicides is an effective way to control weeds in a turf grass stand. The increasing use of turf grass in various commercial applications is boosting the consumption of bioherbicides. Turf grass is increasingly used in backyards, edgings, and poolside areas. It is also used to create children's play areas and commercial playgrounds at schools and daycare centers, airport grounds, athletic fields, and golf courses.
Source Insights
Based on source, the bioherbicides market is segmented into microbial, biochemical, and others. The microbial segment is expected to be the fastest-growing segment in the bioherbicides market during the forecast period. Microbial bioherbicides are useful for biological weed control and are applied in similar ways to conventional herbicides.
Seipasa; Bioherbicides Australia; Green Vision Life Sciences; Marrone Bio Innovations, Inc.; Valent Biosciences LLC; Weedout Ltd.; Aristo Bio-Tech and Lifescience Ltd; BIOSTADT India Limited; BASF SE; and Hindustan Bio-Tech are among the key players operating in the bioherbicides market. The leading players adopt several strategies such as mergers & acquisitions and product launches to expand their geographic presence and consumer base.
Report Spotlights
- Progressive trends in the bioherbicides industry to help players develop effective long-term strategies
- Business growth strategies adopted by companies to secure growth in developed and developing markets
- Quantitative analysis of the global bioherbicides market from 2019 to 2028
- Estimation of the demand for bioherbicides across various industries
- Porter's analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict the market growth
- Recent developments to understand the competitive market scenario and the demand for bioherbicides
- Market trends and outlook, coupled with factors driving and restraining the growth of the bioherbicides market
- Understanding regarding the strategies that underpin commercial interest with regard to the global bioherbicides market growth, aiding in the decision-making process
- The bioherbicides market size at various nodes of market
- Detailed overview and segmentation of the global bioherbicides market and its industry dynamics
- The bioherbicides market size in various regions with promising growth opportunities
The "Global Bioherbicides Market Analysis to 2028" is a specialized and in-depth study of the chemicals & materials industry with a special focus on the global bioherbicides market trend analysis. The report aims to provide an overview of the market with detailed market segmentation. The market is segmented based on source, mode of application, application, and geography. Based on source, the market is segmented into microbial, biochemical, and others. Based on mode of application, the market is segmented into seed treatment, soil application, foliar, and others. Based on application, the market is segmented into cereals and grains, oil seeds and pulses, fruits and vegetables, turf and ornamentals, and others. Based on geography, the market is segmented into five main regions—North America, Europe, Asia Pacific, the Middle East & Africa, and South and Central America. Asia Pacific is expected to be the fastest-growing region globally, followed by South and Central America.
Bioherbicides Market Regional Insights
The regional trends and factors influencing the Bioherbicides Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Bioherbicides Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
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Bioherbicides Market Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 1.75 Billion |
| Market Size by 2028 | US$ 3.89 Billion |
| Global CAGR (2021 - 2028) | 12.1% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Source
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
Bioherbicides Market Players Density: Understanding Its Impact on Business Dynamics
The Bioherbicides Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Bioherbicides Market are:
- Seipasa
- Bioherbicides Australia
- Green Vision Life Sciences
- Marrone Bio Innovations, Inc.
- Valent Biosciences LLC
Disclaimer: The companies listed above are not ranked in any particular order.
- Get the Bioherbicides Market top key players overview
Company Profiles
- Seipasa
- Bioherbicides Australia
- Green Vision Life Sciences
- Marrone Bio Innovations, Inc.
- Valent Biosciences LLC
- Weedout Ltd.
- Aristo Bio-Tech and Lifescience Ltd
- BIOSTADT India Limited
- BASF SE
- Hindustan Bio-Tech
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Source, Mode of Application, and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
What is the key driver for the growth of the global bioherbicides market?
Growing demand for organic food globally is one of the major driving factors for the market. There is an increasing interest of people across the globe in organic products such as organic fruits, vegetables, and other organic food products. The rise in demand for organic foods is mostly due to an increase in the number of health-conscious people and a rise in awareness about the health risks posed by the use of chemical herbicides. Bioherbicides have no side effects on beneficial plants or human health.
Which region is anticipated to grow with the fastest CAGR for the bioherbicides market?
Asia Pacific (APAC) is anticipated to grow with the fastest CAGR at rate of 12.9% from 2021 to 2028. In this region, bioherbicides are, nowadays, being used in the treatment of golf courses by controlling unwanted types of grass. Besides, the growth of the organic food industry is bolstering the demand for bioherbicides, along with organic manures, as these are the prerequisites of organic farming.
What is the impact of COVID-19 on the bioherbicides market?
Due to the COVID-19 pandemic, bioherbicides manufacturers witnessed a slight disruption in the supply chain of bioherbicides during the first two quarters of 2020. However, the supply chain of bioherbicides materials has been restored, and production activities have regained normalcy in late 2020. Later, the market was not significantly negatively impacted by the pandemic. Further, with the growing COVID-19 vaccinations and eased in lockdown restrictions, the global economy is resuming, and subsequently, the bioherbicides market is regaining its growth.
On the basis of application, which segment accounted for the largest share in the global bioherbicides market?
Based on application, the fruits and vegetables segment accounted the largest share of the global bioherbicides market. Due to the high levels of nutrients and sugars and low values of pH, fruits and vegetables crops are prone to weed, pest and disease attack. Therefore, the application of bioherbicides becomes essential to maintain the quality and minimize the chemical residue level.
Can you list some of the major players operating in the global bioherbicides market?
The major players operating in the global bioherbicides market are Seipasa; Bioherbicides Australia; Green Vision Life Sciences; Marrone Bio Innovations, Inc.; Valent Biosciences LLC; Weedout Ltd.; Aristo Bio-Tech And Lifescience Ltd; BIOSTADT India Limited; BASF SE; And Hindustan Bio-Tech.
During the forecast period, which region is anticipated to account for the largest share of the global bioherbicides market?
During the forecast period, North America is anticipated to account for the largest share in the global bioherbicides market. The growth of the market in the region can be attributed to the rising health awareness among consumers and growing demand for organic food.
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The List of Companies - Bioherbicides Market
- Seipasa
- Bioherbicides Australia
- Green Vision Life Sciences
- Marrone Bio Innovations, Inc.
- Valent Biosciences LLC
- Weedout Ltd
- Aristo Bio-Tech and Lifescience Ltd
- BIOSTADT India Limited
- BASF SE
- Hindustan Bio-Tech
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