Global Bio-Herbicides Market Growth 2023-2029

Global Bio-Herbicides Market Growth 2023-2029

Bio-herbicides consist of phytotoxins, pathogens, and other microbes used as biological weed control. Bio-herbicides may be compounds and secondary metabolites derived from microbes such as fungi, bacteria or protozoa; or phytotoxic plant residues, extracts or single compounds derived from other plant species.

LPI (LP Information)' newest research report, the “Bio-Herbicides Industry Forecast” looks at past sales and reviews total world Bio-Herbicides sales in 2022, providing a comprehensive analysis by region and market sector of projected Bio-Herbicides sales for 2023 through 2029. With Bio-Herbicides sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bio-Herbicides industry.

This Insight Report provides a comprehensive analysis of the global Bio-Herbicides landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bio-Herbicides portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bio-Herbicides market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bio-Herbicides and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bio-Herbicides.

The global Bio-Herbicides market size is projected to grow from US$ 1949.1 million in 2022 to US$ 3498.2 million in 2029; it is expected to grow at a CAGR of 3498.2 from 2023 to 2029.

The awareness about bio-herbicide is on the rise among the consumers as an increasing number of people are becoming aware of the hazardous effects of synthetic chemicals on the ecosystem. Also, the evolution of stringent regulatory norms against the use of synthetic chemicals and the phasing out of certain active ingredients, such as glyphosate, in many countries are further accelerating the market for bio-herbicides. Low prices of synthetic herbicides are expected to remain a key challenge for its penetration in the global market. Additionally, chemical based herbicides are known to show better results on account of which farmers tend to use them more than bio-herbicides. Lack of awareness among the farmers is also anticipated to restrain the industry development in the near future. Integration of bio-herbicides with chemical herbicides increases the impact of bio based products on weed and helps in enhancing the process efficiency. The consumption of bio-herbicides is high in North America due to the growing demand for crop protection chemicals in the ornamental horticulture sector. The rise in environmental safety concerns and increase in organic farming will continue to boost the demand for bio-herbicides in the region throughout the forecasted period.

This report presents a comprehensive overview, market shares, and growth opportunities of Bio-Herbicides market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Microbials
Biochemicals
Others

Segmentation by application
Grains and Cereals
Oil Seeds
Fruits and Vegetables
Turf and Ornament

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BHA (BioHerbicides Australia)
Certified Organics Australia
Emery Oleochemicals
Hindustan Bio-Tech Chemicals & Fertilizers
MycoLogic

Key Questions Addressed in this Report

What is the 10-year outlook for the global Bio-Herbicides market?

What factors are driving Bio-Herbicides market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Bio-Herbicides market opportunities vary by end market size?

How does Bio-Herbicides break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.