A new report from Transparency Market Research, titled ‘Bioherbicide Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,’ states that the global bioherbicide market is expected to expand swiftly during the period between 2014 and 2020 due to its beneficial features such as the environment-friendly nature of bioherbicides and longevity.
Herbicides or weedkillers are pesticides used to kill unwanted plants and weeds. Bioherbicides are a kind of herbicide derived from microbes to monitor the growth of undesirable weeds and plants. Bioherbicides are primarily made up of particular microorganisms and insects that can be targeted against particular weeds. Parasitic wasps and painted lady butterflies are two of the insects used to produce bioherbicide. Some of the microorganisms utilized in the production of bioherbicide are fungi, bacteria, and viruses. The microorganisms are used in the production of bioherbicide possess genes that attack the defense genes of weeds.
Usually, bioherbicides have a selective response and kill only weeds that obstruct the crop produce. Factors such as eco-friendliness, longevity, and cheaper costs have boosted the demand for bioherbicides in the recent past. As bioherbicides target particular weeds, they don’t affect other organisms that are essential for the crop’s growth. Bioherbicides derived from fungi are popularly called as mycoherbicides. Bioherbicides, in the pesticide industry, are commonly referred to as ‘naturals’, due to their eco-friendly nature.
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The environment-friendly nature of bioherbicides is predicted to propel the global bioherbicide market during the period between 2014 and 2020. Pesticides with synthetic chemicals affect the ecosystem adversely. Certain regulatory authorities are restricting the use of pesticides, which is expected to boost the demand for bioherbicides in the coming few years. There are numerous applications where the use of herbicides is restricted due to cost effectiveness and regulatory concerns. Bioherbicides act as the perfect alternative to these herbicides, as they are environment-friendly and do not contaminate water bodies.
Improvements in genetic engineering are predicted to create growth opportunities in the global bioherbicide market in the years to come. Further, new-generation bioherbicides are predicted to be even more effective against weeds. Bioherbicides find their applications in the leisure industry and crop control chemicals. The increasing use of bioherbicides to treat golf courses and other grass fields is predicted to propel the global bioherbicide market in the years to come.
Bioherbicides are applied on numerous crops. Phytophthora palmivora is utilized to control milkweeds in citrus orchids, whereas Alternaria eichhornia finds its applications in managing the growth of water hyacinth.
The global bioherbicide market is divided by geography into Asia Pacific, Europe, North America, and Rest of the World. In 2013, in terms of demand, Asia Pacific dominated the global bioherbicide market and is also expected to register the fastest growth in the coming few years. Increasing demand for bioherbicides across Asia Pacific is expected to propel the Asia Pacific bioherbicide market in the next few years. North America is expected to be the second largest market in the global bioherbicide market throughout the forecast period.
Some of the leading players expected to majorly contribute towards the growth of the global bioherbicide market are Jiangsu Dongbao Agrochemical Co., Ltd., Marrone Bio Innovations, Isagro SpA, Hindustan Bio-tech, and Bayer CropScience AG.
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