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Bioherbicides Market Key Insights
Bioherbicides Market Analysis by Regions
Bioherbicides Market Analysis by Segments
Bioherbicides Market Size (current and future)
Bioherbicides Market Competitive Benchmarking
2 years ago
Bioherbicides Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Source (Microbial, Biochemicals, and Others), Mode of Application (Seed Treatment, Soil Application, Foliar, and Others), and Application (Cereals and Grains, Oil Seeds and Pulses, Fruits and Vegetables, Turf and Ornamentals, and Others)
"The bioherbicides market is expected to grow from US$ 1,747.83 million in 2021 to US$ 3,889.73 million by 2028; it is estimated to grow at a CAGR of 12.1% from 2021 to 2028.
Bioherbicides live long enough in the soil to be effective in a productive growing season. Since they are not a danger to human health or crops, farmers prefer these to traditional herbicides.
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Bioherbicides Market
According to our analysis, the Bioherbicides Market is projected to experience significant growth over the upcoming years. Bioherbicides are non-toxic herbicides made from ingredients sourced from natural and organic sources such as animals, minerals, and plants.
A major driving factor of the Bioherbicides Market is the increase in demand for non-toxic and organic herbicides, as synthetic herbicides continue to be linked to risks of cancer, birth defects, and long-term harm to the soil.
Advancements in Bioherbicides have also made them incredibly effective, which will also fuel the market further. Lack of awareness, lack of adoption in developing nations, and short-shelf-life of Bioherbicides are a few restraints the market is expected to face.
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