A comprehensive report on Global Bioherbicides Market

Market-Research
Global Bioherbicides Market


The global bioherbicides market is predicted to witness a compound annual growth rate of 21.34% during the forecast period to reach a total market size of  US$1438.39 million by 2023, increasing from US$450.66 million in 2017. Herbicides are a type of pesticides used for killing unwanted plants, also known as weeds,  which consume water, sunlight, nutrients, and space meant for crops.

In recent years, farmers have started using bioherbicides which are bio-based weed control agents made from microbes and certain types of insects. They are environment-friendly and incur a lesser cost than conventional herbicides. Other than this,  bioherbicides do not have a negative effect on crops or human health. With the emerging trend of organic farming, bioherbicides are gaining immense popularity across the globe.

In the report, the global bioherbicides market has been segmented by source, application, and geography.