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Bioherbicides Market by Source, Application Mode, Formulation, Application, & by Region - Global Trends & Forecast to 2021

Bioherbicides Market: Forecast until 2021

  • June 2016
  • 188 pages
  • ID: 3960014
In this report:
The Mexican bioherbicides market was valued at USD ##.## million in 2015 and is expected to reach USD ##.## million by 2021, growing at a CAGR of ##.##% during the forecast period.
New product launches and new product launches accounted for a share of ~##% of the total strategic developments in the bioherbicides market during January 2011 to June 2016.


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"Bioherbicides market is estimated to rise at a compound annual growth rate of 14.50 percent"

The bioherbicides market is estimated to grow to a value of $1573.70M by 2021 and is expected to grow at a compound annual growth rate (CAGR) of 14.50 percent from 2016 to 2021. The market drivers contain growing demand for organic products, reduced chemical hazards and easier residue management, improved results in yield, quality, and productivity, and support from the government.

"Microbials segment is intended to be the most important and quickest-rising segment, by source, from 2016 to 2021"

The use of microbials as a source of bioherbicide is rising as it offers a wide range of health benefits to the agricultural sector including providing sustainable and cost-effective solutions to rise plant yield. They preserve and protect the environment and are thus beneficial to the farmers.

"Seed, by application mode, is forecasted to be the quickest-increasing from 2016 to 2021"

Seed application is gaining a substantial position in the bioherbicides market as they are highly influential in the reduction and control of several kinds of weeds. The growing GM seed prices and cost effectiveness of seed treatments over other crop protection methods drive the seed application segment.

"Liquid, by formulation, is expected to be the biggest and quickest-rising from 2016 to 2021"

Liquid bioherbicide formulations are emerging as the way forward for cost effective, eco-friendly, and sustainable agriculture. The liquid formulation of bioherbicide affords longer shelf life, and easy handling and application, and thus, the demand of liquid bioherbicide is growing.

"Asia Pacific (APAC) is forecasted to be the quickest-growing segment from 2016 to 2021"

The industry demand for bioherbicides is influenced by the growing demand of natural and organic products by the customers. Increased awareness among consumers about food quality, rised organic food consumption in the territory, and Integrated Pest Management are driving the Asia-Pacific bioherbicides market.

The breakdown of the primaries on the basis of company, description, and area, conducted during the business research study, are like follows:

By Company Type: Tier 1 - 20.0 percent, Tier 2 - 45.0 percent, and 1/3 3 - 35.0 percent

By Description: D-level - 22.0 percent, and C-suite -28.0 percent, Other levels - 50.0 percent

By area: North america (NA) - 18.0 percent, Europe - 25.0 percent, Asia-Pacific - 45.0 percent, and Latin America - 12.0 percent

Why acquiring this study can help you:

From an insight prospect, this market research has emphasized several levels of analyses - industry, value chain, and company descriptions, which together comprise and examine the basic overviews on the competitive landscape; coming out and high-growth segments of the overall bioherbicides market; high-growth areas; and sector drivers, restraint, and alternatives.

This study furnishes highlights on the following points:

- Business entry: Exhaustive information on bioherbicides provided by the top actors in the overall market

- Product improvement/Innovative products: In-depth understanding on up-on-coming technologies, analysis & growth activities, and recent product launches in the bioherbicides market

- Industry development: Highlighted information about lucrative emerging markets-the report examines the industries for bioherbicides across localities

- Industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the overall bioherbicides market

- Opposing assessment: Detailed assessment of strategies, products, and manufacturing competences of the key players in the overall bioherbicides market

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