Market Study Report LLC adds new research on Bio herbicides market, which is a detailed analysis of this business space inclusive of the trends, competitive landscape, and the market size. Encompassing one or more parameters among product analysis, application potential, and the regional growth landscape, Bio herbicides market also includes an in-depth study of the industrys competitive scenario.
The global Bio herbicides market was valued at 1490 million US$ in 2018 and will reach 3430 million US$ by the end of 2025, growing at a CAGR of 11.0% during 2019-2025.
The following manufacturers are covered:
- BHA (BioHerbicides Australia)
- Certified Organics Australia
- Emery Oleochemicals
- Hindustan Bio-Tech Chemicals & Fertilizers
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Chemical based herbicides are known to create water and soil pollution. These chemicals affect human health through food consumption. Bio-herbicide is compound derived from microbes including fungi, bacteria, and protozoa. Organic farming has gained popularity among consumers demanding for organically produced vegetables and food grains. Increasing awareness programs to educate consumers regarding noxious chemical impacts is anticipated to trigger the global product usage.
Manufacturers in collaboration with local governing bodies have been focusing on educating farmers for increasing the bio-herbicides consumption. The shift in consumer preference towards healthier and nutritional food products is also expected to positively impact overall product demand. Low prices of synthetic herbicides are expected to remain a key challenge for its penetration in the global market.
Additionally, chemical based herbicides are known to show better results on account of which farmers tend to use them more than bio-herbicides. Lack of awareness among the farmers is also anticipated to restrain the industry development in the near future. Integration of bio-herbicides with chemical herbicides increases the impact of bio based products on weed and helps in enhancing the process efficiency.
Regionally, this report categorizes the production, apparent consumption, export and import of Bio herbicides in North America, Europe, China, Japan, Southeast Asia and India. For each manufacturer covered, this report analyzes their Bio herbicides manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market. This report focuses on Bio herbicides volume and value at global level, regional level and company level. From a global perspective, this report represents overall Bio herbicides market size by analyzing historical data and future prospect.
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