Seed Treatment Segment to Dominate South and Central America Bioherbicides Market during 2019–2028

According to a new market research study on “South and Central America Bioherbicides Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Source, Mode of Application, and Application,” is expected to reach US$ 461.18 million by 2028 from US$ 201.91 million in 2021. The market is estimated to grow at a CAGR of 12.5% from 2021 to 2028. Increasing use of turf grass in commercial applications is the major factor driving the growth of the South and Central America bioherbicides market. However, availability of alternate weed control methods may hinder the growth of South and Central America bioherbicides market. The report provides trends prevailing in the South and Central America bioherbicides market along with the drivers and restraints pertaining to the market growth.

The South and Central America bioherbicides market is segmented into source, mode of application, application, and country. Based on source, the South and Central America bioherbicides market is segmented into microbial, biochemical, and others. In 2020, the microbial segment held the largest share South and Central America bioherbicides market. Based on mode of application, the South and Central America bioherbicides market is segmented into seed treatment, soil application, foliar, and others. In 2020, the seed treatment segment held the largest share South and Central America bioherbicides market. Based on application, the South and Central America bioherbicides market is segmented into cereals and grains, oilseeds and pulses, fruits and vegetables, turf and ornamentals, and others. In 2020, the fruits and vegetables segment held the largest share South and Central America bioherbicides market. Similarly, based on country, the market is segmented into the Brazil, Argentina, and the rest of South and Central America . Brazil contributed a substantial share in 2020. 

BASF SE, Marrone Bio Innovations, Seipasa, and Valent Biosciences LLC are among the leading companies in the South and Central America bioherbicides market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.

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