Bioherbicides Market Size, Key Opportunities, Strategic Assessment Forecast To 2021

Precision Business Insights published a research report on “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 (North America, Latin America, Europe, Middle East and Africa, Asia Pacific) - Global/Region/Country Forecast to 2027".

Weeds in agricultural production reduce yield and increase labor costs. Bioherbicides are natural products and biological materials also including fungi and bacteria that are used in agriculture to target and control weeds. Weed control with bioherbicides is more eco sustainable. Furthermore, as compared to synthetic herbicides, bioherbicides give a high level of selectivity against the target weed while causing no crop damage. They are microbe-derived chemicals such as protozoa, fungi, and bacteria. These chemicals are less toxic and safe to consume. Plantation Crops, Agricultural Crops, Turf & Ornamentals and Forestry, are just a few of the applications. Foliar, Seed Treatment, Post-Harvest and Soil Application, are all examples of bioherbicide applications.

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As synthetic chemicals have harmful impacts on the environment, consumers are becoming more conscious of bioherbicide. Furthermore, many regulatory standards prohibiting use of such synthetic chemicals are aiding the move to bioherbicides. Furthermore, due to government rules and cost considerations, the use of herbicide is not viable in a number of application regions. As a result, bioherbicides are chosen since they are less polluting and less likely to contaminate water. In addition, developments in genetic engineering are considered as a big opportunity in the bioherbicide business, as new generation bioherbicides will be more potent towards weeds. Bioherbicides are also used in the leisure and crop control chemical sectors. Bioherbicides, for example, are used to treat golf courses and other grass kinds.

The global bioherbicides market can be segmented in terms of application, crop type, and geography. On the basis of crop type, the global bioherbicides market is categorized into arable crops, permanent crops, and others whereas in terms of application, the market is segregated into oil seeds, grains and cereals, fruits and vegetables and turf and ornamental grass.

Due to the obvious growing demand for high quantitative as well as qualitative yield, Asia Pacific is likely to be the most important regional market for bioherbicide. The massively populous and agriculture-dependent emerging markets of India and China are the most notable nation markets for bioherbicide in the Asia Pacific region, however need is predicted to rise in Australia, Japan, Taiwan, and South Korea throughout the projection period. The requirement for bioherbicides in North America is driven by the decorative gardening sector and crop protection chemicals.

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There are some major players working in bioherbicides market, which include 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), and Hindustan Bio-tech (India) to name a few.

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