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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Bioherbicides Market Share
Agricultural Crops To Gain Traction Owing To Sustainable Agriculture Practices
Plant crops, such as agricultural crops, are likely to propel the bioherbicides market growth. It is being driven by the continuous and growing demand for sustainable agriculture practices coupled with weed control requirements in major crops like cereals, legumes, and vegetables. Due to increased pressure from regulatory authorities and consumer demand, farmers are looking for eco-friendly herbicides that could replace chemical herbicides.
Moreover, as per bioherbicides industry analysis, it will promote the utilisation of bioherbicides within the agricultural realm by giving more attention to the issues of increasing crop yield and improving soil health.
Bioherbicides Are Going To Be Mostly Used For Seed Treatment For Better Yield
Among the application industries, seed treatment is projected to register considerable growth. The process involves the direct application of bioherbicides onto the seeds before planting, improving its health and promoting early growth. Doing this would ensure proper management of the weeds right at the very start, improving crop yield with lesser use of post-emergence herbicides. Interest in seed treatment solutions is growing, which is backed by an increased focus on sustainable agriculture and integrated pest management; these provide a proactive way to weed control and guarantee health for crops and soil, thereby boosting the bioherbicides market revenue.
Bioherbicides Market Report Snapshots
Bioherbicides Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global bioherbicides market attained a value of nearly USD 2.31 billion.
The market is projected to grow at a CAGR of 12.8% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 6.83 billion by 2032.
The major drivers of the market are the growing demand for high-quality yield, the increasing demand for the product from the ornamental gardening sector, and agriculturally-dependent emerging economies.
The key trends guiding the growth of the market include the developments in genetic engineering, the production of highly effective bioherbicides, and rising population.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The significant crop types using bioherbicides include agricultural crops and non-agricultural crops.
The major sources of the product are microbial and biochemical, among others.
The different applications of bioherbicides are seed treatment, soil application, foliar, and post-harvest.
The major players in the global bioherbicides market are Verdesian Life Sciences, Emery Oleochemicals, Hindustan Bio-Tech, Deer Creek Holdings, Barmac Pty Ltd, and BioHerbicides Australia, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124