MarketsandMarkets Report Shows that Bioherbicides Market worth 1,573.7 Million USD by 2021
The market size for bioherbicides is projected to reach USD 1,573.7 Million by 2021, at a CAGR of around 14.5% from 2016.
The report "Bioherbicides Market by source (Microbials, Biochemicals & Others), Application Mode (Seed, Soil, Foliar, Post-harvest), Formulation (Granular, Liquid & Others), Application, & by Region — Global Trends & Forecast to 2021", The bioherbicides market is projected to reach a value of USD 1,573.7 Million by 2021, at a CAGR of 14.5% from 2016.
Browse 73 market data Tables and 48 Figures spread through 100 Pages and in-depth TOC on "Bioherbicides Market by source (Microbials, Biochemicals & Others), by Application Mode (Seed, Soil, Foliar, Post-harvest), Formulation (Granular, Liquid & Others), Application, & by Region — Global Trends & Forecast to 2021"
Get More Information-
Early buyers will receive 10% customization on reports.
The market is driven by factors such as increasing demand for organic products, reduced chemical hazards and easier residue management, improved results in yield, quality, and productivity, and support from the government. The high growth potential in emerging markets and untapped regions provides new growth opportunities for the market players.
Microbials segment is projected to be the fastest-growing market on the basis of source from 2016 to 2021
The microbials segment is projected to grow at the highest CAGR from 2016 to 2021. It provides a wide range of health benefits to the agricultural industry as it provides sustainable and cost-effective solutions to increase plant yield. They preserve and protect the environment and are thus beneficial to the farmers.
Foliar segment, by application mode, depicts high potential in the bioherbicides market
The foliar segment is one of the major segments in the bioherbicides market. Bioherbicides applied through the foliar application are generally absorbed at a faster rate than when applied to the soil. The global demand in the foliar segment is expected to increase in the future, especially in developing regions such as Asia-Pacific and Latin America.
Significant growth for bioherbicides is observed in the Asia-Pacific region
Asia-Pacific has a high growth potential for bioherbicides. This region has many emerging countries, such as China, India, and Japan. Moreover, factors such as adoption of organic farming practices, growing demand for food safety & quality, and Integrated Pest Management (IPM) are driving the growth in the bioherbicides market in this region.
This report includes a study of marketing and development strategies, along with the product portfolio of leading companies, such as Emery Oleochemicals (Malaysia), Deer Creek Holdings (U.S.), Verdesian Life Sciences, LLC (U.S.), Marrone Bio Innovations Inc. (U.S.), Certified Organics Australia Pty Ltd (Australia), EcoPesticides International, Inc. (U.S.), MycoLogic Inc. Innovative Biologicals (Canada), Bioherbicides Australia Pty Ltd. (Australia), Hindustan Bio-tech (India), and Special Biochem Pvt. Ltd. (India).
MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model — GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India