Market Outline: Global Bioherbicides MarketHerbicide is a pesticide which is used to kill the unwanted plants. Bioherbicides are derived from microbes to prevent the growth of unnecessary plants of weed during the yield of crop. Bioherbicides are majorly derived from fungi, protozoa, bacteria, and phytotoxic extracts of plants. Bioherbicides have several advantages compared with synthetic herbicides.
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Market Scope: Bioherbicides Market
Bioherbicides market is segmented on the basis of source, mode of application, and formulation
Based on the source, bioherbicides market is segmented into the following:
• Microbials
• Biochemical
• Phytotoxic plant residues
• Others
Based on the mode of application, bioherbicides market is segmented into the following:
• Soil
• Seed
• Foliar
• Post-harvest
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Market Summary: Bioherbicides Market
Bioherbicides market is growing at a significant CAGR owing to increase in the awareness about the benefits of bioherbicides over the synthetic herbicides among farming comunity. Increase in the R&D activities by small and big firms for the innovation of newer bioherbicides propels the bioherbicides market revenue. Diversification of business segments by registration of bioherbicides in the various markets is a key opportunity for the market players.
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Regional Analysis: Bioherbicides Market
Geographically, Bioherbicides market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America bioherbicides market growing at significant rate due to increase in awareness about organic farming, rise in adoption towards eco-friendly farming techniques, increase in the demand for healthy food products, and rise in government support for bioherbicides usage.
Market Participants: Bioherbicides Market
Some of the players in bioherbicides market are 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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