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(MoneyNewsWire.Net, October 31, 2017 ) Latin America Bioherbicides Market was worth USD 125.77 Million in 2016 and is expected to reach USD 252.96 Million by 2021 with a CAGR of 15.0 %.
The use of bioherbicides is one of the few methods for controlling weeds without ecological perils posed by synthetic herbicides. Bioherbicides are made from microorganisms and certain insects that can target particular weeds. Longevity, eco-friendliness, and cost-efficiency are the primary features of bio herbicide. Apart from the striking, these bio herbicides benefit do not affect other organisms which are essential for a significant crop yield.
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Rising demand for natural products, less demanding residue management, decreased chemical hazards, enhanced outcomes in yield, quality, and productivity, and support from the government are some of the factors driving the market. High growth potential in developing markets and untapped regions are providing new opportunities to the market players. However, shortage of product to consumer in developing countries and risk of chemical secretions are some of the major factors restricting the market.
Key points from TOC:
Introduction
Research Methodology
Overview
Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
Market Segmentation
Strategic Analysis
Market Leaders' Analysis
Competitive Landscape
Market Outlook and Investment Opportunities
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Scope of the report:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Latin America 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 Brazil, Argentina and Mexico.
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Key players in the market include Deer Creek Holdings, Verdesian Life Sciences, LLC, Emery Oleochemicals, Marrone Bio Innovations Inc., EcoPesticides International, Inc., MycoLogic Inc. Innovative Biologicals, Certified Organics Australia Pty Ltd, Bioherbicides Australia Pty Ltd., Hindustan Bio-tech, and Special Biochem Pvt. Ltd.
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