Bioherbicides type market, Future Estimations and Key Industry Segments Poised for Strong Growth in Future 2027

Market Overview

By Source, the Global Bioherbicides type market has been segmented into microbial, biochemicals, and others. The biochemicals segment is leading the market and are largely preferred as compared to microbial herbicides and beneficial insects as it controls pests by non-toxic mechanism. Although, the microbial herbicides are cost-effective, exposure to UV radiation reduces the effectiveness of microbial pesticides and therefore is not preferred.

Based on the Application, the market is segmented into cereals & grains, oilseeds & pulses, fruits & vegetables, turfs & ornaments, and plantation crops. The increasing demand for nutritious food due to the consumer awareness coupled with the increasing rate of working population drives the demand for Bioherbicides type market. The fruits & vegetables segment lead the market as they are highly perishable and therefore prone to get damaged at a faster rate.

Key Players

Some of the manufacturers operating in the Global Bioherbicides type market are Emery Oleochemicals (Malaysia), Deer Creek Holdings (US), Verdesian Life Sciences (US), Marrone Bio Innovations (US), ACO Certification Ltd (Australia), EcoPesticides (US), BHA (Australia), Special Biochem (India), and Hindustan Bio-Tech Chemicals & Fertilizers Ltd. (India).

Market Segmentation:

On the basis of the Formulation, the market is segmented into granular, liquid, pellets, and others. the liquid formulation of Bioherbicides type market are preferred due to their ease of application and effectiveness. These formulations mix well with the water and attack the target for a long time. Dry formulations, such as granular and pellets are generally sold as ready-to-use products (dusts) or concentrate forms that must be mixed with water when applied. They are not highly preferred as they drift off the target easily and hence are not reliable.

By mode of Application, the Bioherbicides type market has been segmented into seed treatment, soil application, foliar, and post-harvest. Foliar spray is dominating the global Bioherbicides type market as the plants are able to absorb essential elements through their leaves, bark, stomata, and epidermis in this method. It is a method of feeding plants by applying liquid fertilizer directly to the plants, especially to the leaves. Use of foliar spray technique reduces the risk of damage to the non-targeted parts from application of fertilizer. This technique offers persistent spraying of organic droplets on leaf surface and an increased uptake of nutrients by the plants.

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 Regional Analysis

Regionally, the global Bioherbicides type market has been segmented into five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.

Asia Pacific dominated the market with a major market share in 2017 due to the presence of agricultural driven countries such as India, China, Thailand, Malaysia, and others.

North America accounted for the second largest Bioherbicides type market share due to the extensive production of crops such as barley, corn, cotton, oats, peanuts, rice sorghum, soybeans, and wheat in this region.

The European region is likely to witness a significant growth owing to the rising demand for organic food products to drive the demand for seed treatment in the region.

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