Bioherbicides Market By Mode of Application (Seed Treatment, Soil Application, Foliar, and Post-Harvest), By Source (Microbial, Biochemical, and Others (Plant Phytotoxic Residues and Other Botanical Extracts)), By Formulation (Granular, Liquid, and Others (Pellets, Dust, and Powder Form)), By Application (Agricultural Crops, Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Non-Agricultural Crops, Turf & Ornamentals, and Plantation Crops), and By Region - Trends, Analysis, and Forecast till 2030

Report Code: PMI440620 | Publish Date: May 2023 | No. of Pages: 170

Global Bioherbicides Market Size

Market for bioherbicides was valued at US$ 1.74 billion in 2020 and is projected to grow at a compound annual growth rate (CAGR) of 14.2% to reach US$ 6.50 billion by 2030.

Herbicides that are used to eradicate unwanted plants are known as bioherbicides. These biologically based control agents, which include bacteria, fungi, parasitic plants, and insects, are made of microbes as the active component. Bioherbicides assist in killing weeds without harming other plants or in inhibiting the growth of unwanted weed plants. When compared to synthetic herbicides, bioherbicides have a higher degree of weed specificity and do not harm non-target or beneficial plants. Additionally, it works well to control herbicide-resistant weed populations, which is expected to increase demand for bioherbicides over the course of the forecast period.