Press Release

Dec, 05 2024

Growing Demand for Organic and Sustainable Farming is Driving Market Growth

As consumers become more environmentally conscious, the shift towards organic food products and sustainable agricultural practices has accelerated. This change is largely motivated by concerns over health, environmental sustainability, and the detrimental effects of synthetic chemicals on ecosystems. Bioherbicides, which are derived from natural sources such as fungi, bacteria, and plant extracts, offer a safer and more eco-friendly alternative to traditional chemical herbicides. Their natural composition aligns perfectly with the principles of organic farming, making them an attractive option for farmers looking to minimize their environmental footprint.

One of the key factors fueling the demand for bioherbicides is the increasing awareness of the harmful effects of synthetic herbicides on soil health, biodiversity, and human health. Conventional herbicides often contain toxic chemicals that can contaminate water sources, reduce soil fertility, and lead to the development of herbicide-resistant weeds. In contrast, bioherbicides are biodegradable, reduce chemical residues in the soil, and help maintain soil health, making them a preferred choice for sustainable farming.

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Data Bridge Market Research analyzes that Global Bioherbicides Market is expected to reach 2.50 billion by 2031 from USD 1.67 billion in 2023, growing with a substantial CAGR of 5.26% in the forecast period of 2024 to 2031.

Key Findings of the Study

Bioherbicides Market

Regulatory Support and Government Initiatives to Boost the Use of Bioherbicides

As environmental concerns rise and the demand for chemical-free farming increases, the government worldwide are increasingly turning to bioherbicides as viable alternatives to synthetic herbicides. This shift is driven by the necessity to ensure food security while minimizing environmental impact and preserving biodiversity.

One of the key drivers in this landscape is the introduction of supportive regulatory frameworks that streamline the approval and commercialization processes for bioherbicides. Government is recognizing the importance of bioherbicides in combating the adverse effects of traditional herbicides, which include soil degradation, water contamination, and the development of herbicide-resistant weed species. By providing a conducive regulatory environment, authorities are encouraging research and development in bioherbicide formulations, resulting in innovative products that are both effective and environmentally friendly.

Moreover, government initiatives promoting organic farming and sustainable agriculture practices play a crucial role in driving market demand. Many countries are implementing policies that incentivize farmers to adopt bioherbicides as part of their integrated pest management strategies. For instance, subsidies, grants, and technical support programs are being introduced to educate farmers about the benefits of bioherbicides, thus enhancing their adoption rates. These initiatives facilitate the transition to organic farming and also help reduce the economic burden on farmers, enabling them to implement sustainable practices without compromising productivity.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022  (Customizable to 2016 - 2021)

Quantitative Units

Revenue in USD Billion

Segments Covered

Global Bioherbicides Market Segmentation, By Type (Microbial, Biochemical, and Others), Mode of Action (Selective Bioherbicides and Non-Selective Bioherbicides), Form (Liquid and Dry), Application (Foliar Spray, Seed Treatment, Soil Treatment, Post-Harvest, Chemigation, and Others), Crop Type (Cereals & Grains, Fruits & Vegetables, Oilseeds & Pulses, Turf & Ornamentals, and Other Crops), Distribution Channel (Direct and Indirect)

Countries Covered

U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Switzerland, Netherlands, Russia, Belgium, Turkey, rest of Europe, China, Japan, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia,

Philippines, rest of Asia-Pacific, Brazil, Argentina, rest of South America, South Africa, Saudi Arabia, U.A.E., Israel, Egypt, and rest of Middle East and Africa

Market Players Covered

BioHerbicides Australia (Australia), FMC Corporation (U.S.), BASF (Germany), Coromandel International Limited (India), Herbanatur (Canada), Emery Oleochemicals (U.S), Certis USA L.L.C. (U.S.), and Andermatt Biocontrol Suisse (Switzerland)

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Segment Analysis

The global bioherbicides market is segmented into six notable segments based on type, mode of action, form, application, crop type, and distribution channel.

  • On the basis of type, the market is segmented into microbial, biochemical, and others
  • On the basis of mode of action, the market is segmented into selective bioherbicides, and non-selective bioherbicides
  • On the basis of form, the market is segmented into liquid and dry
  • On the basis of application, the market is segmented into foliar spray, seed treatment, soil treatment, post-harvest, chemigation, and others
  • On the basis of crop type, the market is segmented into cereals & grains, fruits & vegetables, oilseeds & pulses, turf & ornamentals, and other crops
  • On the basis of distribution channel, the market is segmented into direct and indirect.

Major Players

Data Bridge Market Research analyzes BASF (Germany), FMC Corporation (U.S.), Coromandel International Limited (India), Certis USA L.L.C. (U.S.), and Emery Oleochemicals (U.S) as major market players.

Bioherbicides Market

Market Developments

  • In May 2023, BASF introduced two new herbicides, Facet and Duvelon, to aid Indian rice and tea farmers in managing problematic weeds. Facet targets the grassy weed Echinochloa spp in rice crops, while Duvelon, powered by Kixor Active, combats broadleaf weeds in tea plantations. This launch expands BASF’s offerings, addressing key challenges faced by rice and tea growers in India, further emphasizing the company's commitment to sustainable agricultural practices
  • In March 2022, BASF introduced Vesnit for sugarcane farmers in India to protect their crops. This new herbicide offers enhanced post-emergent weed control, empowering farmers to manage weeds more effectively. By using Vesnit® Complete, farmers can expect improved yields for their sugarcane crops, ensuring better productivity and quality in their harvests
  • In October 2019, BASF has launched Zidua, a new pre-emergent herbicide designed for wheat, providing farmers with an effective solution to combat the troublesome weed Phalaris. As India is the second-largest wheat producer globally, farmers have struggled to maintain yields due to Phalaris resistance to conventional herbicides. Zidua offers a novel mode of action, ensuring immediate field protection upon application while delivering superior, long-lasting control of Phalaris with excellent safety for the crop
  • In October 2024, FMC corporation announced the launch of Ambriva herbicide in Chandigarh, India, aimed at helping wheat farmers combat the resistant weed Phalaris minor. Featuring Isoflex active, a novel group 13 herbicide, Ambriva offers effective early post-emergence control and long-lasting residual protection. The herbicide has been rigorously tested and provides a powerful new solution for farmers in Punjab, Haryana, Uttar Pradesh, and Rajasthan, addressing significant challenges posed by this destructive weed
  • In May 2024, FMC Corporation announced a multi-year research collaboration with AgroSpheres, a biotechnology firm specializing in sustainable crop protection. This partnership aims to enhance the development of novel bioinsecticides, leveraging AgroSpheres’ production technology and FMC’s testing capabilities. The collaboration underscores FMC’s commitment to sustainable agriculture and innovation in crop protection, particularly utilizing RNA interference (RNAi) technology. The partnership is expected to accelerate the delivery of effective biological solutions to address agricultural challenge
  • In September 2024, Coromandel International Limited announced its achievement of ISO 30408:2016 certification, awarded by Bureau Veritas. This certification highlights the company’s commitment to best practices in human resource management and underscores its focus on fostering a sustainable and employee-centric work environment. The certification process involved a thorough audit of HR policies, showcasing Coromandel's dedication to strategic HR planning and operational excellence

As per Data Bridge Market Research analysis:

North America is the dominant region in Global bioherbicides market

In 2024, North America  is expected to dominate the market due to several factors, including strict environmental regulations that limit synthetic herbicide use, driving demand for eco-friendly alternatives. The region’s advanced biotech industry and strong public-private partnerships foster innovation in bioherbicide development. In addition, the growth of organic farming and consumer demand for sustainable agricultural products are key drivers. Precision agriculture technologies enable efficient application, while diverse cropping systems and concerns over herbicide-resistant weeds further fuel the adoption of bioherbicides in the region.

Asia- Pacific is estimated to be the fastest-growing region in Global bioherbicides market

The Asia-Pacific (APAC) region is the fastest-growing market for bioherbicides due to increasing demand for sustainable agriculture driven by environmental concerns and the need for safer alternatives to chemical herbicides. Rapid agricultural expansion, especially in countries like China and India, is boosting demand for eco-friendly solutions.

For more detailed information about Global bioherbicides market report, click here – https://www.databridgemarketresearch.com/reports/global-bioherbicides-market


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