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The global bioherbicides market reached a value of US$ 2.09 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4.35 Billion by 2027, exhibiting at a CAGR of 13.2% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Herbicides are a type of pesticides used for killing unwanted plants, also known as weeds, which consume water, sunlight, nutrients and space meant for crops. In recent years, farmers have started using bioherbicides which are bio-based weed control agents made from microbes and certain types of insects. They are environment-friendly and incur a lesser cost than conventional herbicides. Other than this, bioherbicides do not have a negative effect on crops or human health. With the emerging trend of organic farming, bioherbicides are gaining immense popularity across the globe.
Global Bioherbicides Market Drivers:
Over the past few years, the sales of synthetic herbicides have witnessed a decline as they have been shown to harm the beneficial flora in the soil. These chemicals have also been linked to an increased risk of cancer, birth defects and respiratory problems. In line with this, the governments of several nations have introduced strict regulations and awareness programs to encourage organic farming. This has led to a rise in the overall production of bioherbicides across the globe. Moreover, advances in genetic engineering have enabled the development of new-age bioherbicides which act against weeds in a more effective way. Apart from this, the rapid expansion of the food and beverage sector has also contributed to the demand for better-quality bioherbicides.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global bioherbicides market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on crop type, source, mode of application, mode of action and formulation.
Breakup by Crop Type:
Based on the crop type, the market has been segmented into agricultural crops and non-agricultural crops. Agricultural crops currently have a larger share.
Breakup by Source:
Based on the source, the market has been segmented into microbial, biochemical and others.
Breakup by Mode of Application:
Based on the mode of application, the market has been segmented into seed treatment, soil application, foliar and post-harvest.
Breakup by Mode of Action:
Based on the mode of action, the market has been segmented into MOA involving photosynthesis, MOA targeting enzymes and others.
Breakup by Formulation:
Based on the formulation, the market has been segmented into granular, liquid and others.
Breakup by Region:
Region-wise, the market has been segmented into Asia Pacific, North America, Europe, Middle East and Africa, and Latin America. Amongst these, Asia Pacific is the biggest market, accounting for the majority of the global share.
The competitive landscape of the market has also been examined with some of the key players being 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. and Engage Agro USA.
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2021 |
| Historical Period | 2016-2021 |
| Forecast Period | 2022-2027 |
| Units | US$ Billion |
| Segment Coverage | Crop Type, Source, Mode of Application, Mode of Action, Formulation, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Companies Covered | 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 and Engage Agro USA |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global bioherbicides market was valued at US$ 2.09 Billion in 2021.
We expect the global bioherbicides market to exhibit a CAGR of 13.2% during 2022-2027.
The emerging trend of organic farming, along with the rising demand for bioherbicides over
conventional counterparts, as they are environment-friendly, cost-effective, and avoid the adverse
impact on crops and human health, is primarily catalyzing the global bioherbicides market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown
regulations across several nations resulting in temporary halt in various production processes for
bioherbicides.
Based on the crop type, the global bioherbicides market can be segmented into agricultural crops and
non-agricultural crops. Currently, agricultural crops hold the majority of the total market share.
Based on the source, the global bioherbicides market has been divided into microbial, biochemical, and
others. Among these, microbial exhibits a clear dominance in the market.
Based on the mode of application, the global bioherbicides market can be categorized into seed
treatment, soil application, foliar, and post-harvest. Currently, foliar accounts for the majority of the
global market share.
Based on the mode of action, the global bioherbicides market has been segregated into MOA involving
photosynthesis, MOA targeting enzymes, and others. Among these, MOA targeting enzymes currently
hold the largest market share.
Based on the formulation, the global bioherbicides market can be bifurcated into granular, liquid, and
others. Currently, liquid exhibits a clear dominance in the market.
On a regional level, the market has been classified into Asia Pacific, North America, Europe, Middle East
and Africa, and Latin America, where Asia Pacific currently dominates the global market.
Some of the major players in the global bioherbicides market include 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., and Engage Agro USA.
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