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Bioherbicide Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2014 - 2020



2024-12-26 08:01:57 Lifestyle

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Herbicides also known as weedkillers are type of pesticides used to kill weeds and unwanted plants. Bioherbicide is a type of herbicide that is derived from microbes to control the growth of undesirable plants or weeds. Bioherbicide are made up of certain insects and microorganisms which can be targeted for specific weeds. The insects used for producing bioherbicide include painted lady butterfly and parasitic wasps. The microorganisms used in the production of bioherbicide comprise bacteria, fungi and viruses. The microorganisms possess genes which attacks the defense genes of the weeds. Bioherbicides have selective response and will kill only certain weeds which obstruct the crop yield. Bioherbicides only targets the particular weed thus leaving the environment unharmed. Longetivity, eco-friendly and cheaper costs are some of the main features of bioherbicide. Additionally, bioherbicide will not affect other organisms which are essential for the growth of the crop. The bioherbicide derived from fungus are known as mycoherbicides. In the pesticide industry bioherbicide are referred as ?naturals? due to its eco-friendly performance.

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The market for bioherbicide was mainly driven by increasing demand for environmental friendly herbidices. Pesticides with synthetic chemicals have hazardous effects on the eco-system. Certain regulatory are discouraging the use of pesticides thus increasing demand for bioherbicides. There are various application areas where usage of herbicide is not possible due to regulations and cost effectiveness. Bioherbicide are preferred over other herbicides as they do not pollute or contaminate water bodies nor they are harmful to the human beings. Advances in genetic engineering are considered among one of the major opportunity for the bioherbicide market. New generation bioherbicide will be more effective against weeds. Bioherbicide finds applications in crop control chemicals and leisure industry. Bioherbicide are used to treat golf courses as well as other grass types. Phytophthora Plamivora is used to control milk weed units in citrus orchards. Alternaria Eichhorniae finds applcaitions in controlling the growth of water hyacinth. Bioherbicide can be applied on variety of crops. One of the major restraints for the market is the risk of secreted metabolites by the microbes. Some of the secreted metabolites are toxic in nature and can be harmful to human beings and other organisms.

In terms of demand, Asia Pacific was the dominant region in bioherbicide market in 2013. It is also considered among one of the fastest growing markets for bioherbicide. The demand is huge in this region owing to increasing demand for high quality and quantity yield. China and India had the highest demand in bioherbicide market in Asia Pacific region. Other countries such as Japan, Taiwan, South Korea and Australia are likely to exhibit higher demand for bioherbicide over the forecast period. Asia Pacific was followed by North America. Increasing demand from crop protection chemicals and leisure & ornamental gardening industry is driving the market for bioherbicide in this region. U.S. had the highest demand for bioherbicide in North America. Europe had the third-largest demand for bioherbicide market in 2013. Crop protection chemicals and ornamental gardening had been the major contributors for bioherbicide market in Europe. Western Europe dominated the demand for bioherbicide in Europe. Other European countries are likely to offer stable demand for bioherbicide in next few years. Rest of the World market is estimated to robust growth for bioherbicide over the forecast period. Countries such as Brazil, Argentina and South Africa are anticipated to offer better opportunities for the bioherbicide market over the forecast period.

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Some of the key manufacturers in the bioherbicide market are Jiangsu Dongbao Agrochemical Co., Ltd., Hindustan Bio-tech, Marrone Bio Innovations, Bayer CropScience AG and Isagro SpA among others.

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
North America
Asia Pacific
Europe
Rest of the World

This report provides comprehensive analysis of

Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter?s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

Reasons for Buying this Report

This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
It provides distinctive graphics and exemplified SWOT analysis of major market segments

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