Global Bionematicides Market is valued at USD 303.05 Million in 2021 and expected to reach USD 555.76 Million by 2028 with a CAGR of 9.05% over the forecast period.
Bionematicides are the biopesticides which cope with curing the crops from the infection of nematode. These bionematicides are environmental-friendly in nature and does not harm the quality of the different crop or fertility of the soil. Bionematicides are used widely in the agriculture sector to create the best quality of crops. Bionematicides are majorly created by various microorganisms such as bacteria, fungus, and other inert substances. Bionematicides can be seen in both forms liquid and dry and can be employed at every phase of the plant lifecycle. Bionematicides operates best when it used at the time of the pre-plantation phase.
Bionematicides are the environmental-friendly fertilizers which are assumed to be the enhanced option to defend the crops as compared to different chemical fertilizer. Unlike the chemical, fertilizer bionematicides doesn’t pollute the soil and provides organic nutrient. Bionematicides has the microorganism which increases the soil fertility and creates more organic nutrient. As the high-quality and organic crop production is rising, the usage of bionematicides is elevating.
By form, global bionematicides market is divided into dry bionematicides and liquid bionematicides. By type, global bionematicides market is divided as biochemicals and microbials. By application, global bionematicides market is divided as foliar spray, soil treatment, seed treatment, and others. By crops type, global bionematicides market is divided as cotton, corn, fruit & vegetables, soybean, and others.
The agriculture industry is affected highly by the rising industrialization which is additionally affecting the quality of crops and the fertility of the soil, from which employment of bionematicides is rising to defend the crops and implying the possible development for the bionematicides market.
The major players included in the global bionematicides market forecast are,
The agriculture industry is affected highly by the rising industrialization which is additionally affecting the quality of crops and the fertility of the soil, from which employment of bionematicides is rising to defend the crops and implying the possible development for the bionematicides market. Furthermore, rising employment of microorganism in crops is providing the organic nutrients to the crops and the crop quality is increasing, which is further powering the development of the bionematicides market. As the users are asking for more natural & organic products and preferring the chemical free products, bionematicides employment in crops might fulfill the requirement for organic and fresh vegetables.
Bionematicides are facing low-efficiency issues and the shortage of awareness which is one of the limiting factors of the global bionematicides market. Moreover, bionematicides are undergoing the stiff rivalry from the various chemical fertilizers even providing the eco-friendly solutions to the crops and soil, which is one amongst the major hurdles for the bionematicides market which required to be dealt with.
North America Is Dominating The Global Bionematicides Market With Utmost Market Share During The Coming Period
North America is dominating the global bio nematicides market with utmost market share during the coming period due to elimination of chemical fertilizer and technical advancements in the agriculture industry. Moreover, Europe is also displaying the significant share value in global bio nematicides market owing to rising awareness related to environment-friendly and organic food consumption. On the other hand, East and South Asia is displaying a high development rate during the forecast period in global bio nematicides market and the major factor is rising agricultural activity in the area.
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
Report Analysis | Details |
---|---|
Historical data | 2018 - 2021 |
Forecast Period | 2022 - 2028 |
Market Size in 2021: | USD 303.05 Million |
Base year considered | 2021 |
Forecast Period CAGR %: |
9.05% |
Market Size Expected in 2028: | USD 555.76 Million |
Tables, Charts & Figures: | 175 |
Pages | 300 |
Bionematicides Companies | Marrone Bio Innovations, Dow AgroSciences LLC, Bayer CropScience AG, Certis USA LLC., Valent BioSciences Corporation, BASF SE, Horizon Agrotech, LAM International, Agri Life, Monsanto Company, others |
Segments Covered | By Type, By Form Type, By Crop Type, By Mode of Application Type, By Infestation Type |
Regional Analysis | North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa |
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