Middle East and Africa Bioherbicides Market was worth USD 69.87 Million in 2016 and is expected to reach USD 108.56 Million by 2021 with a CAGR of 9.21 %.
Nearly every agricultural pest has natural enemies which can cut down its population. Bioherbicides are weed controlling pesticides that uses such enemies instead of synthetic chemicals.
So, these Bioherbicides have fewer effects on environment compared to Synthetic drugs.
Drivers such as rising demand for natural products, decreased chemical hazards and less demanding residue management, enhanced outcomes in yield, quality, and productivity, and support from the government are boosting the growth of the market.
High growth potential in developing markets and untapped regions are providing new opportunities to the market players. However, risk of chemical secretions and shortage of product to consumer in developing countries are some of the major factors hampering the growth of the market.
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Middle East and Africa Bioherbicides Market is segmented based on Source, Application Mode, Mode of Action, Formulation, and Application. Based on Source, Market is further segmented into Microbials, Biochemicals & Others.
Based on Application Mode, Market is further segmented into Seed, Soil, Foliar, Post-harvest and others. Based on Formulation, Market is further segmented into Granular, Liquid & Others.
Based on Mode of Action, Market is segmented into MOA involving Photosynthesis, MOA Targeting Enzymes, and Others. Based on Application, Market is segmented into Agricultural and Non-Agricultural Crop Types.
Based on Agricultural Crop Type, Market is further segmented into Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables and others. Based on Non-Agricultural Crop Type, Market is further segmented into Turf & Ornamentals, Plantation Crops.
Microbials segment is expected to grow at highest CAGR as it provides sustainable and cost effective yield. Geographically, Market is further segmented into Middle East and Africa.
Key players influencing the Middle East and Africa Bio herbicides market are Emery Oleochemicals, Deer Creek Holdings, Verdesian Life Sciences, LLC, Marrone Bio Innovations Inc., Certified Organics Australia Pty Ltd, EcoPesticides International, Inc., MycoLogic Inc. Innovative Biologicals, Bioherbicides Australia Pty Ltd., Hindustan Bio-tech, and Special Biochem Pvt.
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