What is Bioherbicides? Know the Growth Rate and Demands in Agriculture industry
Bioherbicides are the botanical chemical such as phytotoxins, pathogens, fungi and few other bacteria which helps in restricting the unwanted weeds to grow. The bioherbicides are generally obtained from the process of fermentation and submerged fermentation. It has an excellent properties of increasing the longevity and cost efficiency of the herbicide. Bioherbicides are environment friendly agents which helps in eliminating all unwanted weeds and create a space for useful crops. It is used for various purposes in agricultural industry such as seed treatment, soil application, foliar, etc.
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MARKET DYNAMICS
The global bioherbicides market is growing at a significant pace owing to driving factors such as increasing demand for various activities in agriculture industry due to its environment nature. Furthermore, Increasing demand for high food production and shortage of fertile l and is likely to drive the demand for bioherbicides in the coming years. However, health risk due to toxic metabolites from the microbes is projected to hinder the growth of bioherbicides market. Likewise, development and rise in demand for mycoherbicides due to its eco-friendliness may provide a lucrative opportunity for the market players in the near future.
The reports cover key developments in the bioherbicides market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from bioherbicides market are anticipated to lucrative growth opportunities in the future with the rising demand for bioherbicides in the global market. Below mentioned is the list of few companies engaged in the bioherbicides market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the bioherbicides market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Agraquest Inc.
- Agrauxine SA.
- BASF Corporation
- Certis Guarding Services LLC.
- De Sangosse Ltd.
- FMC Corporation
- Isagro
- Monsanto
- Syngenta AG.
- Valent Biosciences Corporation
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