North America Bioherbicides Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

North America Bioherbicides Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Overview:

The North America bioherbicides market size reached US$ 580 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,266 Million by 2028, exhibiting a growth rate (CAGR) of 13.8% during 2023-2028.

Bioherbicides are a type of pesticides that are applied to the plants for preventing the growth of weeds. They are composed of fungi, bacteria and viruses, and insects such as painted lady butterfly and parasitic wasps. Bioherbicides are sustainable, cost-effective, environment-friendly, and they control the rising level of soil and crop toxicity. Owing to these factors, bioherbicides are widely utilized in foliar feeding, soil applications, seed treatment and post-harvest in the agriculture sector.

At present, North America represents as one of the largest markets for bioherbicides owing to the rising environmental awareness in confluence with the increasing preferences for organic farming. Bioherbicides are formulated in such a way that they do not generate residue build-up in the environment, thereby reducing their related effects and residue management costs. Apart from this, bioherbicides are also employed in the treatment of gardens, golf courses and railway tracks in the region.

IMARC Group’s latest report provides a deep insight into the North America bioherbicides market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the North America bioherbicides market in any manner.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the North America bioherbicides market report, along with forecasts at the regional and country level from 2023-2028. Our report has categorized the market based on crop type, source, application, mode of action and formulation.

Key Regions Analysed
United States
Canada
Mexico

Analysis for Each Country

Market by Crop Type
Agricultural Crops
Non-Agricultural Crops

Market by Source
Microbial
Biochemical
Others

Market by Application
Seed Treatment
Soil Application
Foliar
Post-Harvest

Market by Mode of Action
MOA Involving Photosynthesis
MOA Targeting Enzymes
Others

Market by Formulation
Granular
Liquid
Others

Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
Competitive Structure
Key Player Profiles

Key Questions Answered in This Report:
How has the North America bioherbicides market performed so far and how will it perform in the coming years?
What are the key regions in the North America bioherbicides market?
What has been the impact of COVID-19 on the North America bioherbicides market?
What is the breakup of the North America bioherbicides market on the basis of crop type?
What is the breakup of the North America bioherbicides market on the basis of source?
What is the breakup of the North America bioherbicides market on the basis of application?
What is the breakup of the North America bioherbicides market on the basis of mode of action?
What is the breakup of the North America bioherbicides market on the basis of formulation?
What are the various stages in the value chain of the North America bioherbicides industry?
What are the key driving factors and challenges in the North America bioherbicides industry?
What is the structure of the North America bioherbicides industry and who are the key players?
What is the degree of competition in the North America bioherbicides industry?
What are the profit margins in the North America bioherbicides industry?