Global Bioherbicides Market Outlook to 2026: A $6.31 Billion Opportunity - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 3, 2018--The “Bioherbicides - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
According to this report, the Global Bioherbicides market accounted for $1.48 billion in 2017 and is expected to reach $6.31 billion by 2026 growing at a CAGR of 17.5% during the forecast period.
Growing demand for environmental friendly herbicides, low R&D costs, adoption of organic farming practices and growing demand for food safety & quality are circumstances that influenced the market growth. However, less availability and low shelf life of Bioherbicides are hindering the market growth.
Based on mode of application, foliar segment has estimated to grow in the market during the forecast period. The foliar segment is rising continuously owing to constant technological advancements along with growing economies. The middle-class income also improved the demand of organic products which in turn is boosting the demand and is expected to increase in the future, mostly in developing regions such as Latin America and Asia-Pacific.
By geography, North America market anticipated growing high owing to government support towards sustainability, health safety and growing demand for organic and pure food is likely to drive expansion of the market in the region. It is likely to expand further on account of consumer awareness about health and environmental issues that are likely to play a vital role in driving the market in the US and Canada.
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Bioherbicides Market, By Mode of Action
6 Global Bioherbicides Market, By Formulation
7 Global Bioherbicides Market, By Source
8 Global Bioherbicides Market, By Mode of Application
9 Global Bioherbicides Market, By Crop Type
10 Global Bioherbicides Market, By Application
11 Global Bioherbicides Market, By Geography
12 Key Developments
13 Company ProfilingBayer Crop Science AG BASF SE Syngenta Monsanto Dow AgroSciences DuPont Marrone Bio Innovations Inc. Novozyme Biological Emery Oleochemicals Andermatt Biocontrol AG Ecopesticides International Inc. ISAGRO Agrochemicals Pvt. Ltd. Jiangsu Dongbao Agrochemical Co. Ltd. Valent Biosciences Corp. Special Biochem Pvt. Ltd. Mycologic Inc. Verdesian Life Sciences Seipasa Hindustan Bio-Tech HerbaNatur Inc.
For more information about this report visit https://www.researchandmarkets.com/research/vjbxg9/global?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181203005539/en/
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Related Topics:Agrochemicals and Fertilizers
INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS NATURAL RESOURCES AGRICULTURE
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 12/03/2018 09:10 AM/DISC: 12/03/2018 09:10 AM