Bioherbicides Market: By Source (Microbials, Biochemical, Others), By Application (Soil, Seed, Foliar, Post-harvest), By Formulation (Liquid, Granular, Powder, Others), By Distribution Channel (Vitamins, Minerals), and Geography  

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Bioherbicides Market size was valued at USD 1,251.7 Mn in 2022, growing at a CAGR of 13.8 % during the forecast period 2023-2029. Herbicide is a pesticide that is used to kill unwanted plants. Bioherbicides Market is derived from microbes to prevent the growth of unnecessary plants of weed during the yield of crop. Bioherbicides are majorly derived from fungi, protozoa, bacteria, and phytotoxic extracts of plants. Bioherbicides have several advantages compared with synthetic herbicides. For instance, synthetic herbicides cause soil and water pollution and affect human health through food consumption. Bioherbicides do not cause any harm to farmers during handling process. In addition, crops harvested by using bioherbicides are safe for consumption. The Market is growing at a significant CAGR owing to increase in the awareness about the benefits of bioherbicides over the synthetic herbicides among farming comunity. Increase in the R&D activities by small and big firms for the innovation of newer bioherbicides propels the market revenue. Diversification of business segments by registration of bioherbicides in the various markets is a key opportunity for the market players. In addition, government support for the smaller companies for the synthesis of bioherbicides might upsurge the revenue growth of the market. Moreover, acquisitions and mergers, collaborations, patent fillings and product launchings are the strategies followed by companies for dominating the market. 


Bioherbicides Market Key Developments:
  • In addition, in May 2014, Emery Oleochemicals received Canadas Health Pest Management regulatory Agency approval for Emerion 7005, a bioherbicide used in weed and crop management.
  • For instance, in May 2012, Marrone Bio Innovations received U.S. Environmental Protection Agency approval for MBI-005, a broad-spectrum bioherbicide used on variety of crops.

Bioherbicides Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

13.8%

Largest Market

North America

Fastest Growing Market

Europe
Bioherbicides Market Dynamics

Increase in demand for organic products, need for higher product yield and quality with reduced chemical hazards, government initiations for the eco-friendly farming practices, and increase in awareness among the farmers about the bioherbicides are anticipated to propel the market over the forecast period. Moreover, due to synthetic herbicide tolerance on soybean and maize, stringent regulations posed by developed countries on importing such crops, leads to higher adoption of bioherbicides usage. In addition, advantages over the synthetic herbicides, low R&D costs, and easier residue management are expected to boost the market over the forecast timeframe. However, risk of secreted toxic metabolites by microbes, high cost of bioherbicides, and lesser availability of products are expected to hinder the growth of the market over the forecast period.

Bioherbicides Market Segmentation

By Source
  • Microbials
  • Biochemical
  • Others
By Mode of Application
  • Soil
  • Seed
  • Foliar
  • Post-harvest
By Formulation
  • Liquid
  • Granular
  • Powder
  • Others
By Geography
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East
  • North America

Frequently Asked Questions

The key segments covered in the Bioherbicides Market are: by Source, Application, Formulation, Distribution channel

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

Key Features of the Reports

  • The bioherbicides market report provides granular level information about the market size, regional market share, historic market and forecast.
  • The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup's details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porters Five Force Analysis in addition to recent technology advancements and innovations in the market
  • Deer Creek Holdings (U.S.)
  • Emery Oleochemicals (Malaysia)
  • Marrone Bio Innovations Inc. (U.S.)
  • Verdesian Life Sciences, LLC (U.S.)
  • EcoPesticides International, Inc. (U.S.)
  • Innovative Biologicals (Canada)
  • MycoLogic Inc. (U.S.)
  • Bioherbicides Australia Pty Ltd. (Australia)
  • Hindustan Bio-tech (India)

Adjacent Markets