Bioherbicides Market Trends Top Manufacturers Opportunities and Forecast to 2028

The "Bioherbicides Market" is expected to grow from US$ 1,747.83 million in 2021 to US$ 3,889.73 million by 2028; it is estimated to grow at a CAGR of 12.1% from 2021 to 2028.

Farmers prefer bioherbicides over traditional herbicides because they are effective in a productive growing season and do not threaten human health or crops. The global bioherbicides market is categorized into different segments based on the mode of application, including soil application, seed treatment, foliar, and others. In 2020, the leading segment in the bioherbicides market was seed treatment. This method involves using natural fungal molecules or active fungal ingredients to treat seeds, thereby reducing the need for chemical-based herbicides. Bioherbicides contain native fungi that are environmentally friendly and biodegradable, which reduces their potential spread and persistence and prevents soil pollution.

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Companies Profiled in this report includes:

• Seipasa
• Bioherbicides Australia
• Green Vision Life Sciences
• Marrone Bio Innovations, Inc.
• Valent Biosciences LLC
• Weedout Ltd
• Aristo Bio-Tech and Lifescience Ltd
• BIOSTADT India Limited
• BASF SE
• Hindustan Bio-Tech

The global bioherbicides market is segmented by geography, including North America, Europe, Asia Pacific (APAC), South and Central America , and the Middle East & Africa (MEA). In 2020, North America held the largest share of the global market. The changing consumer lifestyle and the increasing focus on organic farming have driven the demand for bioherbicides in North America. Additionally, the growing application of bioherbicides in various crops, such as cereals and grains, oilseeds and pulses, fruits and vegetables, turf, and ornamentals, has further fuelled market growth in this region. The Asia Pacific region is anticipated to witness the fastest growth, followed by South and Central America.

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Bioherbicides Market Segmentation:

By Source:
• Microbial
• Biochemical

By Mode of Application:
• Seed Treatment
• Soil Treatment
• Foliar

By Application:
• Cereals and Grains
• Fruits and Vegetables
• Oilseeds and Pulses
• Turf and Ornamentals

The COVID-19 pandemic posed significant challenges for various industries, including the chemicals and materials sector. The bioherbicides market was also affected by the pandemic, as it faced issues such as shortage of raw materials and labor, factory shutdowns, and operational difficulties due to COVID-19 safety protocols. These factors negatively impacted the growth of the bioherbicides market. However, with the ongoing vaccination drives and the resumption of business activities, the demand for bioherbicides is expected to increase globally in the coming years. Key manufacturers have resumed their operations, leading to the restoration of production capacity for bioherbicides.

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