North America Bioherbicides Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Source (Microbial, Biochemicals, and Others), Mode of Application (Seed Treatment, Soil Application, Foliar, and Others), and Application (Cereals and Grains, Oil Seeds and Pulses, Fruits and Vegetables, Turf and Ornamentals, and Others)
The bioherbicides market in North America is expected to grow from US$ 558.82 million in 2021 to US$ 1,239.85 million by 2028; it is estimated to grow at a CAGR of 12.1% from 2021 to 2028.
There is an increasing interest of people across the region in organic products such as organic fruits, vegetables, and other organic food products. The rise in demand for organic foods is mostly due to an increase in the number of health-conscious people and a rise in awareness about the health risks posed by the use of chemical herbicides. Bioherbicides have no side effects on beneficial plants or human health. The changing preference of the majority of people for healthier food products is increasing the demand for organic products, which encourages farmers to produce crops using organic methods. Farmers are also shifting from harmful chemical-dependent conventional agriculture to more sustainable and greener farm practices to cope with the rising demand from consumers. Such development resulted in the advent of more sustainable and environmentally friendly weed control alternatives. Sustainable weed management consists of different weed management methods, including the use of bioherbicides, which preclude the use of chemical herbicides. The use of bioherbicides is an important component in integrated weed management strategies to increase crop yield in organic agriculture, which is propelling the bioherbicides market growth. In addition, the sales of organic products consistently increased over the last decades. Rising growth in the organic food industry is triggering the demand for bioherbicides. Hence, the growing demand for organic food, including grains, pulses, fruits, and vegetables, is driving the growth of North America bioherbicides market.
North America Bioherbicides Market Revenue and Forecast to 2028 (US$ Million)
North America Bioherbicides Market Segmentation
The North America bioherbicides market is segmented into source, mode of application, application, and country. Based on source, the North America bioherbicides market is segmented into microbial, biochemical, and others. In 2020, the microbial segment held the largest share North America bioherbicides market. Based on mode of application, the North America bioherbicides market is segmented into seed treatment, soil application, foliar, and others. In 2020, the seed treatment segment held the largest share North America bioherbicides market. Based on application, the North America bioherbicides market is segmented into cereals and grains, oilseeds and pulses, fruits and vegetables, turf and ornamentals, and others. In 2020, the fruits and vegetables segment held the largest share North America bioherbicides market. Similarly, based on country, the market is segmented into the US, Canada, and Mexico. The US contributed a substantial share in 2020. BASF SE, Green Vision Life Sciences, Marrone Bio Innovations, Seipasa, and Valent Biosciences LLC are among the leading companies in the North America bioherbicides market
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