According to the latest report by IMARC Group, titled “Bioherbicides Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on bioherbicides market size. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

The global bioherbicides market size reached US$ 2.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.0 Billion by 2028, exhibiting a growth rate (CAGR) of 12.8% during 2023-2028.

Bioherbicides are a class of herbicides that are derived from microbes such as bacteria, fungi, viruses, or natural substances. They are designed to target and suppress unwanted vegetation, specifically weeds, without causing harm to the environment, humans, or non-target plant species. There are several types of bioherbicides based on their mode of action, including microbials that use living organisms and biochemical that rely on naturally occurring compounds. These eco-friendly alternatives to chemical herbicides offer the advantage of being biodegradable, thereby reducing environmental contamination and the potential for developing herbicide-resistant weed strains. Along with this, bioherbicides tend to be specific to target weed species, which minimizes the impact on surrounding flora and fauna. The use of bioherbicides is a component of integrated weed management systems, which combine various agronomic practices with the goal of sustainable crop production.

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Market Trends:

The global bioherbicides market is majorly driven by the increasing global emphasis on sustainable agriculture practices and the reduction of chemical pesticide use. The market is responding to a growing awareness of the environmental impacts of synthetic herbicides, including soil degradation and water contamination. This consciousness is driving the adoption of bioherbicides across both organic and conventional farming operations. Along with this, stringent regulatory frameworks are encouraging the reduction of synthetic herbicide residues in food, which in turn bolsters the demand for bioherbicide solutions. In addition, advances in biotechnology are facilitating the development of more effective and reliable bioherbicide products, expanding their application scope.

Moreover, the industry is witnessing a rise in investments in research and development activities aimed at discovering novel strains and substances with herbicidal properties. Another trend is the collaboration between academic institutions and agrochemical companies to harness synergies in bioherbicide development. Apart from this, the rising trend of precision agriculture, which relies on advanced technologies for efficient weed control, offers significant potential for the integration of bioherbicides into these systems. Furthermore, the global movement towards environmental conservation and sustainable farming is creating a positive market outlook.

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Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

  • Marrone Bio Innovations Inc.
  • Emery Oleochemicals
  • Deer Creek Holdings
  • Verdesian Life Sciences
  • Certified Organics Australia PTY Ltd
  • Ecopesticides International, Inc.
  • Special Biochem Pvt. Ltd
  • MycoLogic, Hindustan Bio-Tech
  • Bioherbicides Australia PTY Ltd
  • Engage Agro USA

Bioherbicides Market Segmentation:

Our report has categorized the market based on region, crop type, integration and end use industry.

Breakup by Crop Type:

  • Agricultural crops
  • Non-Agricultural crops

Breakup by Source:

  • Microbial
  • Biochemical
  • Others

Breakup by Mode of Application:

  • Seed Treatment
  • Soil Application
  • Foliar
  • Post-harvest

Breakup by Mode of Action:

  • MOA involving photosynthesis
  • MOA targeting enzymes
  • Others

Breakup by Formulation:

  • Granular
  • Liquid
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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