Tuesday 22 October 2019

Bioherbicides Market Insights | Size, Status & Growth Factors | Forecast To 2028


Million Insights Market Research Released A New Research Report On Global Bioherbicides Market - Forecast Up To 2025. Report Provide Overview Of Top Key Players, Share Analysis, Size, Stake, Progress, Trends And Their Strategic Profiling In The Market, Comprehensively Analyzing Their Core Competencies, And Drawing A Competitive Landscape For The Market.

Pune, India - Bioherbicides Market was valued at USD 1.12 billion in 2015. Rising consumer awareness combined with strict government regulatory policies towards food & environment to develop organic farming in North America, Asia Pacific, and Europe is anticipated to drive the global bio-herbicides market over the forecast period.

Herbicides based chemical are known to pollute water and soil. These chemicals enter the human body through food consumption and have several adverse impacts on human health. Bio herbicides are derived from microbes including bacteria, protozoa, and fungi.
Bio herbicides are used for a variety of vegetables and fruits cultivation which makes them the top application segment. Rising organic farming combined with the high demand for quality fruits and vegetables is anticipated to be the leading factor driving the product growth.
Other application segment includes turf & ornamental grass; it’s been projected to experience the maximum growth rate shortly. Ornamental & Turf segment is estimated to grow at an estimated CAGR of 16% over the forecast period. Various application of bio-herbicides such as its use in maintaining the gardens, clearing unwanted weeds around the railway tracks is anticipated to drive the segment growth overall substantially.
Regional Insights
North America was the largest bio-herbicides market and accounted for around 30% of the global revenue in 2015. Positive attitude towards organic farming and safety concerns towards the environment are the key factors driving the regional growth. Initiatives taken by the local governing bodies to educate the consumers towards health and environmental impact are expected to play a vital role especially in countries like Canada and U.S.
Europe is the largest emerging market as of regional demand. Countries like Germany, UK, Spain, Italy, and France are using bio-herbicides for high-quality fruits cultivation. Asia Pacific is expected to experience the strongest growth over the forecast period. Rising awareness towards the adverse environmental impact among the farmers is anticipated to propel the regional growth in the countries including China, Indonesia, and India. Development of rural market is expected to drive the bio-herbicides demand in SAARC nations.
Industries key players include Hindustan Biotech, Fits Chem Corporation, Bioherbicides Australia (BHA), Marrone Bio Inventions, Mycologic Inc., Engage Agro USA and Emery Oleochemicals.
On the basis of Application, the Global Bioherbicides Market is segmented into:
         Grains and Cereals
         Oil Seeds
         Fruits and Vegetables
         Turf and Ornament
Get in touch
At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person:
Ryan Manuel
Research Support Specialist, USA

Million Insights
Office No. 302, 3rd Floor, Manikchand Galleria,
Model Colony, Shivaji Nagar, Pune, MH, 411016 India
tel: 91-20-65300184
Email: sales@millioninsights.com

No comments:

Post a Comment