Europe Bioherbicides Market worth USD 330.01 Million by 2021 | Market data forecast.

Europe Bioherbicides Market was worth USD 167.69 Million in 2016 and is expected to reach USD 330.01 Million by 2021 with a CAGR of 14.5 %. Bioherbicides market is growing tremendously owing to rising demand for organic products.

Herbicide is a pesticide that is used to kill undesirable plants while keeping the desired crops intact. Bioherbicide is a kind of herbicide, which is derived from microbes. Bio herbicide are to control the growth of undesired plants of weed during yield of crop.

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Driver such as rising demand for natural products, decreased chemical hazards and less demanding residue management, enhanced outcomes in yield, quality, and productivity, and support from the government are propelling the market. High growth potential in developing markets and untapped regions are providing new opportunities to the market players. However, risk of chemical secretions and shortage of product to consumer in developing countries are some of the major factors hampering the market.
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Europe Bioherbicides Market is segmented based on Source, Application Mode, Mode of Action, Formulation, and Application. Based on Source, Market is further segmented into Microbials, Biochemicals & Others. Based on Application Mode, Market is further segmented into Seed, Soil, Foliar, Post-harvest and others. Based on Formulation, Market is further segmented into Granular, Liquid & Others. Based on Mode of Action, Market is segmented into MOA involving Photosynthesis, MOA Targeting Enzymes, and Others. Based on Application, Market is segmented into Agricultural and Non-Agricultural Crop Types. Based on Agricultural Crop Type, Market is further segmented into Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables and others. Based on Non-Agricultural Crop Type, Market is further segmented into Turf & Ornamentals, Plantation Crops. Microbials segment is expected to grow at highest CAGR as it provides sustainable and cost effective yield. Geographically, Market is further segmented into UK, Italy, France, Germany and Spain.

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Major Players dominating the Europe bioherbicides market are Emery Oleochemicals, Deer Creek Holdings, Verdesian Life Sciences, LLC, Marrone Bio Innovations Inc., Certified Organics Australia Pty Ltd, EcoPesticides International, Inc., MycoLogic Inc. Innovative Biologicals, Bioherbicides Australia Pty Ltd., Hindustan Bio-tech, and Special Biochem Pvt. Ltd.

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