Bioherbicide Market Growing at a Healthy Rate

Global Bioherbicide Market: Overview

Herbicide is a type of pesticide that is used to kill unwanted plants. In the agricultural sector, selective herbicides are frequently used to kill certain targets while keeping the desired crop relatively unaffected. Bioherbicide is a type of herbicide, which is derived from microbes, and made up of certain insects and microorganisms. Bioherbicide help in controlling the growth of undesired plants of weeds during crop yield. The insects used for producing bioherbicide include parasitic wasps and lady butterfly, while the type of microorganisms used include bacteria, viruses, and fungi.

Eco-friendliness, longevity, and cost-efficiency are some of the primary features of bioherbicide, apart from the striking benefit that bioherbicide do not affect other organisms that are essential for a substantial crop yield. Naturally, as the food and beverage sector expands, the demand for good crop yield is extending, which in turn is escalating the demand in the global market for bioherbicide. According to the report, the global herbicide market is projected for a healthy CAGR during the forecast period of 2016 to 2024. The bioherbicide derived from fungus are also known as mycoherbicides, while in the pesticide industry, bioherbicide are also referred to as ‘naturals’ due to its eco-friendliness.

Global Bioherbicide Market: Trends and Opportunities

For the reason that synthetic chemicals have hazardous effects on the eco-friendly system, the awareness about bioherbicide is on the rise among the consumers. Also, certain regulatory norms against the use of synthetic chemicals is further supporting the transition to bioherbicide. Moreover, there as several application areas were the usage of herbicide is not feasible owing to government regulations and cost factors. Hence, bioherbicide are preferred, as they are less polluting and decrease water contamination.

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Furthermore, the advances in genetic engineering is seen as one of major opportunity in the bioherbicide market as the new generation bioherbicide will be more effective against weeds. Bioherbicide also find application in the industries of leisure and crop control chemicals. For example, bioherbicide are applied to treat golf course as well as other grass types. Phytophthora plamivora help in controlling milk weed units in citrus orchards while Alternaria Eichhorniae are used to control growth of water hyacinth. However, the risk of secreted metabolites by the microbes is one of the most prominent restraint over the growth rate of the global bioherbicide market, as some of the secreted metabolites are toxic in nature and may harm human beings.

The global market for bioherbicide market can be segmented on the basis of crop type, application, and geography. By crop type, the market is divided into permanent crops, arable crops, and others while on the basis of application, the market is divided into grains and cereals, oil seeds, turf and ornamental grass, and fruits and vegetables.

Global Bioherbicide Market: Region-wise Outlook

Geographically, the global market for bioherbicide can be studied into the regional markets of North America, Europe, Asia Pacific, and rest of the world. Currently, Asia Pacific serves the most of the demand for bioherbicide and is expected to remain the dominant regional market due to the increasing demand for high quantity and quality yield. Vastly populated and agriculture-dependent emerging economies of India and China are the most prominent country-wise markets for bioherbicide in the region of Asia Pacific, although Japan, Australia, Taiwan, and South Korea are also expected to exhibit a surge in demand during the forecast period. The North America market for bioherbicide is driven by the demand from ornamental gardening industry and crop protection chemicals.

Companies Mentioned in the Research Report

Some of the key players currently functional in the global bioherbicide market are Jiangsu Dongbao Agrochemical Co., Ltd., Hindustan Bio-tech, Bayer CropScience AG, Marrone Bio Innovations and Isagro SpA.

Bioherbicide Market: Trends and Opportunities by 2020

Global Bioherbicide Market: Overview

Herbicide is a type of pesticide that is used to kill unwanted plants. In the agricultural sector, selective herbicides are frequently used to kill certain targets while keeping the desired crop relatively unaffected. Bioherbicide is a type of herbicide, which is derived from microbes, and made up of certain insects and microorganisms. Bioherbicide help in controlling the growth of undesired plants of weeds during crop yield. The insects used for producing bioherbicide include parasitic wasps and lady butterfly, while the type of microorganisms used include bacteria, viruses, and fungi.

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Eco-friendliness, longevity, and cost-efficiency are some of the primary features of bioherbicide, apart from the striking benefit that bioherbicide do not affect other organisms that are essential for a substantial crop yield. Naturally, as the food and beverage sector expands, the demand for good crop yield is extending, which in turn is escalating the demand in the global market for bioherbicide. According to the report, the global herbicide market is projected for a healthy CAGR during the forecast period of 2014 to 2020. The bioherbicide derived from fungus are also known as mycoherbicides, while in the pesticide industry, bioherbicide are also referred to as ‘naturals’ due to its eco-friendliness.

Global Bioherbicide Market: Trends and Opportunities

For the reason that synthetic chemicals have hazardous effects on the eco-friendly system, the awareness about bioherbicide is on the rise among the consumers. Also, certain regulatory norms against the use of synthetic chemicals is further supporting the transition to bioherbicide. Moreover, there as several application areas were the usage of herbicide is not feasible owing to government regulations and cost factors. Hence, bioherbicide are preferred, as they are less polluting and decrease water contamination.

Furthermore, the advances in genetic engineering is seen as one of major opportunity in the bioherbicide market as the new generation bioherbicide will be more effective against weeds. Bioherbicide also find application in the industries of leisure and crop control chemicals. For example, bioherbicide are applied to treat golf course as well as other grass types. Phytophthora plamivora help in controlling milk weed units in citrus orchards while Alternaria Eichhorniae are used to control growth of water hyacinth. However, the risk of secreted metabolites by the microbes is one of the most prominent restraint over the growth rate of the global bioherbicide market, as some of the secreted metabolites are toxic in nature and may harm human beings.

The global market for bioherbicide market can be segmented on the basis of crop type, application, and geography. By crop type, the market is divided into permanent crops, arable crops, and others while on the basis of application, the market is divided into grains and cereals, oil seeds, turf and ornamental grass, and fruits and vegetables.

Global Bioherbicide Market: Region-wise Outlook

Geographically, the global market for bioherbicide can be studied into the regional markets of North America, Europe, Asia Pacific, and rest of the world. Currently, Asia Pacific serves the most of the demand for bioherbicide and is expected to remain the dominant regional market due to the increasing demand for high quantity and quality yield. Vastly populated and agriculture-dependent emerging economies of India and China are the most prominent country-wise markets for bioherbicide in the region of Asia Pacific, although Japan, Australia, Taiwan, and South Korea are also expected to exhibit a surge in demand during the forecast period. The North America market for bioherbicide is driven by the demand from ornamental gardening industry and crop protection chemicals.

Companies Mentioned in the Research Report

Some of the key players currently functional in the global bioherbicide market are Jiangsu Dongbao Agrochemical Co., Ltd., Hindustan Bio-tech, Bayer CropScience AG, Marrone Bio Innovations and Isagro SpA.

Global Bioherbicide Market Driven by its Environment-friendly Nature

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.