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The growth of a crop is inhibited by the presence of weeds. Weeds are unwanted plants that grow in a crop. Bioherbicides provide a unique solution for this problem by inhibiting the growth of weeds in the crop. Bioherbicides are made of formulated microbial agents as an active ingredient. Microbial agents include fungi, protozoa, bacteria and nematodes. Since the ingredients in the Bioherbicides are not chemical in nature, it is seen as nature friendly and safer to use product. The end products of the crop are deemed much safer when Bioherbicides are used. Bioherbicides help in targeting the specific weeds and they will not affect the other parts of the crop. They are mainly used in agricultural production and turf management.
End-user/Technology
The end-users of these Bioherbicides are farmers and agriculture based industries. They use these Bioherbicides to produce eco-friendly products that have high demand due to better health benefits associated with these products.
Market Dynamics
The prime driver of the Bioherbicides market is the increase in demand of natural products. The other factors that influence the Bioherbicides market are the support from the governments to use ecofriendly products, safer usage of the Bioherbicides and the awareness campaigns which target both the farmers and consumers to use natural products. Synthetic herbicides leave residues in food crops which are deemed harmful and governments have started to ban this type of product imports. This will affect the synthetic herbicide market but will boost the use of the Bioherbicides.
The low availability of Bioherbicides makes it difficult for farmers to use them frequently. The risk of secreted metabolites by the microbes inhibits the growth of the Bioherbicides market. The increase in awareness of the usage of Bioherbicides will surge the demand of the Bioherbicides market.
Market Segmentation
Bioherbicides market is segmented based on the source used in the herbicide, formulation types and application Mode. The prime segmentation is based on Source which is further classified into Microbial, Bio chemicals and others. Formulation type is segregated based upon the state of usage such as Liquid, granular and others. Seed, Soil, Foliar and Post-harvest are the different type of application modes in which the bioherbicide market is segmented.
Regional/Geographic Analysis
Asia-Pacific region especially countries like India and China are expected to dominate the Bioherbicides market due to the increasing awareness regarding the usage of the Bioherbicides. North America occupies a major chunk of the Bioherbicides market due to the initiatives taken by the local government bodies to use eco-friendly products. The growing interest in the R&D field of the Bioherbicides is also one of the drivers of the bioherbicide market.
Opportunities
The Biopesticide market is expected to grow by short cutting the usage of traditional synthetic pesticides. This will provide a huge opportunity for the new and existing players to catch hold of the majority of the pesticide market.
Key Players
Some of the major players in the Global Bioherbicides market include Emery Oleochemicals, Verdesian Life Sciences, Marrone BioInnovations, Monsanto, Novozyme biological, Valent Biosciences Corporation, Koppert Biological systems, Hindustan Bio-tech, Special Biochem Pvt. Ltd.
Report Contents:
> Global Market segments
> Global Market Drivers, Restraints and Opportunities
> Global Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Global Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key Players
Regional Analysis:
> North America
>>US and Canada
> Latin America
>> Mexico, Brazil, Argentina and Rest of Latin America
> Western Europe
>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Westren Europe
> Eastern Europe
>> Russia
>> Poland
>> Rest of Eastren Europe
> Asia Pacific
>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific
> Middle East and Africa
>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa
It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
Report Highlights:
> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage
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