Bioherbicides Market to Grow with a CAGR of 7.02% through 2029
Increase in the incidence of Bioherbicides deficiencies and increase in the aging population is expected to drive the Global Bioherbicides Market growth in the forecast period, 2025-2029
According to TechSci Research report, “Bioherbicides
Market – Global Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2029”, the Global Bioherbicides Market stood at USD 2.32
billion in 2023 and is anticipated to grow with a CAGR of 7.02% in the forecast
period, 2025-2029. The awareness among individuals regarding Bioherbicides has
led to favorable market conditions for the global Bioherbicides market. Several
factors contribute to the growth of various Bioherbicides products.
The growth of the Global Bioherbicides Market is due
to the rising demand for organic farming practices. Consumers are becoming more
conscious of the impact of conventional agricultural methods on the environment
and human health. Bioherbicides, being derived from natural sources such as
microbes, fungi, and other bio-based materials, align with the principles of
organic farming. The growing awareness and preference for organic products have
led to an increased adoption of bioherbicides by farmers globally.
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Governments and environmental agencies worldwide are
imposing stringent regulations on the use of synthetic herbicides due to their
negative environmental and health impacts. Bioherbicides, being inherently more
eco-friendly and posing fewer risks to non-target organisms, are gaining favor
among regulators and policymakers. The need for sustainable and environmentally
responsible agricultural practices has accelerated the adoption of
bioherbicides as an alternative to chemical herbicides, which will further fuel
market growth.
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The widespread use of synthetic herbicides has led to
the development of herbicide-resistant weeds, posing a significant challenge to
conventional weed control methods. Farmers are increasingly recognizing the
limitations of chemical herbicides and are seeking alternative solutions.
Bioherbicides offer a sustainable approach by utilizing different modes of
action, which reduces the likelihood of herbicide resistance. As the issue of
herbicide resistance becomes more critical, the demand for bioherbicides as
part of integrated weed management strategies is on the rise.
In today's fast-paced world, With the advent of
precision agriculture technologies, bioherbicides can be integrated seamlessly
into modern farming practices. Precision agriculture utilizes data, sensors,
and automation to optimize the use of inputs, including bioherbicides, resulting
in more targeted and efficient application. This adaptability to precision
agriculture aligns with the demands of a fast-paced world where
technology-driven solutions are essential for maximizing productivity. In a
world where consumers are increasingly conscious of the food they consume,
bioherbicides play a role in meeting the growing demand for organic and
sustainably produced crops. Consumers are more likely to choose products grown
with environmentally friendly practices, and bioherbicides contribute to
meeting this demand by allowing farmers to adhere to organic farming
principles. The rapid pace of modern agriculture has led to concerns about
herbicide resistance. Bioherbicides, with their diverse modes of action, offer
a strategic approach to managing and mitigating herbicide-resistant weed
populations. This proactive stance is crucial in maintaining the efficacy of
weed control measures and sustaining agricultural productivity.
The Ongoing advancements in biotechnology,
microbiology, and agricultural research have led to the development of more
effective and targeted bioherbicide products. Researchers are continuously
exploring new strains of beneficial microorganisms and optimizing formulations
to enhance the efficacy of bioherbicides.
In recent times, The surge in demand for organic
produce has made bioherbicides increasingly useful in recent times. Consumers
are more conscious of the food they consume, seeking products grown without
synthetic chemicals. Bioherbicides, being compatible with organic farming
practices, play a vital role in weed management without compromising the
organic integrity of crops. This aligns with the preferences of consumers who
prioritize organic and sustainably produced food. In recent times, the rise of
herbicide-resistant weeds has become a significant concern in agriculture.
Conventional herbicides often target specific biochemical pathways, leading to
the development of resistant weed populations. Bioherbicides, with their
diverse modes of action, offer an effective strategy for managing
herbicide-resistant weeds. Their unique mechanisms reduce the likelihood of
resistance development, making them valuable tools in integrated weed
management programs. However, Limited Efficacy And Consistency may hinder market
growth. Moreover, challenges related to High Development Costs and Regulatory
Hurdles may pose obstacles to the Bioherbicides market in the near future.
The Global Bioherbicides Market is segmented into
formulation, application, source, mode of application, regional distribution,
and company.
Based on its formulation, the Granular bioherbicides
segment has emerged as the predominant market leader, Granular bioherbicides
are relatively easy to apply, as they can be spread using conventional
agricultural equipment. Granular bioherbicides have a long shelf life, as they
are less susceptible to degradation than liquid bioherbicides. Granular
bioherbicides are less prone to drift, which can reduce the risk of off-target
damage to non-target plants. The granular segment is expected to continue to
dominate the market, as granular bioherbicides offer a number of advantages
over other types of bioherbicides. However, the liquid bioherbicides segment is
also expected to grow, as new and more effective products are developed.
Based on region, Europe segment is expected to grow
during the forecast period. Europe has a well-established regulatory
framework for bioherbicides, which encourages innovation and ensures the safety
and efficacy of these products. Europe has a strong demand for organic food,
which drives the adoption of bioherbicides as a sustainable alternative to
synthetic herbicides. European consumers are generally more environmentally
conscious and willing to pay a premium for products that are produced
sustainably, which further supports the demand for bioherbicides.
The Asia-Pacific market is poised to be the
fastest-growing market, offering lucrative growth opportunities for
Bioherbicides players during the forecast period. Factors such as the Asia
Pacific region is experiencing rapid growth in agricultural production, which
increases the need for effective weed control solutions. The awareness of
bioherbicides and their benefits is increasing among farmers in the Asia
Pacific region, leading to a growing adoption rate. Governments in the Asia
Pacific region is providing support for the development and adoption of
bioherbicides, which is further accelerating market growth.
Major
companies operating in Global Bioherbicides Market are:
- Emery Oleochemicals GmbH
- Deer Creek Holdings
- Verdesian Life Sciences LLC
- Marrone Bio Innovations Inc.
- Certified Organics Australia Pty. Ltd.
- EcoPesticides International Inc.
- Bioherbicides Australia Pty. Ltd.
- Hindustan Bio-tech Ltd.
- Special biochem Pvt. Ltd
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“The Advancements in biotechnology and research &
development and increasing concerns about herbicide resistance are key drivers
of the Bioherbicides market. In recent years, The overuse of synthetic
herbicides has led to the emergence of herbicide-resistant weed species, posing
a significant challenge to traditional weed management practices. Moreover, the
growing consumer emphasis on preventative products has enhanced production and
marketing efforts. To meet the demands of the market, manufacturers are increasingly
incorporating cutting-edge technologies with high production efficiency. Rising
consumer acceptance and continuous product innovation will further ensure the
growth of the Bioherbicides market in the coming years., said Mr. Karan Chechi,
Research Director with TechSci Research, a research-based management consulting
firm.
“Bioherbicides Market – Global Industry Size,
Share, Trends, Opportunity, & Forecast 2019-2029 Segmented By Source
(Microbial, Biochemical, Others), By Formulation (Granular, Liquid, Others), By
Mode of Application (Seed Treatment, Soil Application, Foliar, Post-Harvest),
By Application (Agricultural Crops, Cereals & Grains, Oilseed & Pulses,
Fruits & Vegetables, Non-agricultural Crop, Turf & Ornamental,
Plantation Crops), By Region, Competition”, has evaluated the future growth
potential of Global Bioherbicides Market and provides statistics &
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in Global Bioherbicides Market.
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