Bioherbicides Market: Global Industry Analysis and Forecast (2024-2030)

The Bioherbicides Market size was valued at USD 2.06 Billion in 2023 and the total Bioherbicides Market revenue is expected to grow at a CAGR of 14.6 % from 2024 to 2030, reaching nearly USD 5.35 Billion by 2030.


Bioherbicides Market Overview:

This research paper categorizes the Bioherbicides Market, forecasting revenues and analyzing trends across various sub-markets. The Competition Strategic Window assesses the competitive landscape across markets, applications, and regions to help vendors align their strengths with future growth opportunities. It identifies the optimal strategies for vendors to pursue mergers and acquisitions, geographic expansion, R&D, and new product introductions to drive business growth during the forecast period.

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Bioherbicides Market Scope:

The report on the Bioherbicides Market provides readers with a comprehensive understanding of the market and competitive landscape, facilitating better decisions related to market growth and expansion. Key features include an overview of market participants, revenue results, capital investments, and global Bioherbicides market growth rates.

Bioherbicides Market Drivers:

Rising consumer awareness about health and environmental concerns, there's a growing demand for organic products, including bioherbicides driving the growth of Bioherbicides Market. For instance, in the US, the Organic Trade Association reported a 12% increase in organic food sales in 2020. This trend is driving farmers to seek alternatives to chemical herbicides, thus boosting the market for bioherbicides. The emergence of herbicide-resistant weeds is a significant concern for farmers worldwide. As chemical herbicides become less effective, farmers are turning to bioherbicides for sustainable weed management solutions. In the US, the spread of glyphosate-resistant weeds like Palmer amaranth has prompted farmers to explore bioherbicide options such as biocontrol agents and allelopathic crops.

Developing countries are witnessing rapid expansion in agriculture to meet the growing food demand of their populations. With a focus on sustainable farming practices, farmers in these regions are increasingly adopting bioherbicides. For instance, in India, the government's initiatives to promote organic farming and reduce chemical inputs are driving the adoption of bioherbicides among farmers.

Bioherbicides Market Segmentation:

by Source

Microbial
Biochemical
Others

by Formulation

Granular
Liquid
Others

by Mode of Application

Seed treatment
Soil application
Foliar
Post-harvest
Others

by Application

Agricultural crops
Fruits & vegetables
Non-agricultural crops
Turf & ornamentals
Plantation crops
Others

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Bioherbicides Market Key Players:

1. Marrone Bio Innovations Inc. (MBI), Davis, California, USA
2. Valent BioSciences Corporation, Libertyville, Illinois, USA
3. Certis USA LLC, Columbia, Maryland, USA
4. BioWorks Inc., Victor, New York, USA
5. MycoLogic Inc., Corvallis, Oregon, USA
6. Engage Agro USA, Greenville, South Carolina, USA
7. WeedGuardPlus, Petaluma, California, USA
8. Phyllom BioProducts Corporation, Houston, Texas, USA
9. Vestaron Corporation, Kalamazoo, Michigan, USA
10. Bayer CropScience, Monheim am Rhein, Germany
11. Syngenta, Basel, Switzerland
12. Isagro S.p.A, Milan, Italy
13. Andermatt Biocontrol AG, Grossdietwil, Switzerland
14. AgBioResearch Srl, Italy
15. Hindustan Bio-Tech, Bangalore, India
16. Camson Bio Technologies Limited, Bangalore, India
17. Bharat Group, India
18. UPL, India
19. BASF India, India
20. Sumitomo Chemical India

Bioherbicides Market Regional Analysis:

The Bioherbicides market forecast report analyzes several geographical regions including Asia-Pacific, Europe, North America, and other parts of the world. North America holds the largest market share and is expected to remain the leading region in the global Bioherbicides market.

COVID-19 Impact Analysis on Bioherbicides Market:

The COVID-19 pandemic is an unprecedented global public health emergency that has affected nearly every industry. The long-term impacts are expected to influence industry growth throughout the forecast period. Our ongoing study incorporates fundamental COVID-19 concerns and potential next steps, providing insights on the pandemic's impact on consumer behavior and demand, purchasing patterns, supply chain re-routing, contemporary market dynamics, and significant government initiatives.

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Key Questions Answered in the Bioherbicides Market Report:

  • Which application segment is expected to lead in the Bioherbicides  market?
  • Who are the key players in the Bioherbicides  market?
  • What key trends are likely to emerge in the Bioherbicides  market in the coming years?
  • What is the major restraint for the Bioherbicides  Market growth?
  • What segments are covered in the Bioherbicides  Market report?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Bioherbicides  Market?

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