The Global Bioherbicides Market accounted for $12.8 billion in 2014 and is expected to grow at a CAGR of 17.46% reaching a value of $46.4 billion by 2022. The factors that are influencing the growth of the market are escalating demand for environmental friendly herbicides, low R&D costs, adoption of organic farming practices and growing demand for food safety & quality. Whereas, factors such as low consumer adoption of Biopesticides, risk of secreted metabolites by the microbes, high costs and low availability are restraining the growth of the market. However, advancements in genetic engineering, sustainable and integrated pest management techniques are considered as major opportunities for the market. Bioherbicide finds applications in crop control chemicals and leisure industry.