Global Bionematicides Market Size By Type (Microbials, Biochemical), By Application (Foliar Spray, Soil Treatment), By Crop Type (Cotton, Corn), By Geographic Scope And Forecast

Bionematicides Market Size And Forecast

Bionematicides Market size was valued at USD 281.30 Million in 2021 and is projected to reach USD 451.72 Million by 2030, growing at a CAGR of 5.41% from 2022 to 2030.

Rapid industrialization, which has resulted in a loss of fertile agricultural land, has been a significant factor in the growth of the Bionematicides Market over the last decade. Additionally, high levels of nematode infestation in crops and their increasing resistance to conventional methods will drive industry growth. Environmental regulations against chemical nematicides and yield losses are likely to boost bionematicides demand in the coming years, helping to close the supply-demand gap. The Global Bionematicides Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Bionematicides Market Definition

Bionematicides are biopesticides that are used to protect plants from nematode infection. These bionematicides are environmentally friendly and do not harm the soil fertility or the quality of the various crops. Bionematicides are widely used in agriculture to ensure the highest possible crop quality. Different microorganisms, such as fungus, bacteria, and other inert materials, produce bionematicides. Bionematicides are available in both dry and liquid forms and can be used at any plant’s life cycle stage. Bionematicides are most effective when used before planting.

Bionematicides are environmentally friendly fertilizers that are thought to be a better option for crop protection than chemical fertilizers. Bionematicides, unlike chemical fertilizers, provide organic nutrients and do not pollute the soil. Bionematicides contain a microorganism that increases soil fertility while also producing more organic nutrients. Bionematicides are being used more frequently as organic and high-quality crop production grows.

Global Bionematicides Market Overview

High level of crop infestation by nematodes, rapid growth in biocontrol seed treatment solutions, declining the availability of fertile agriculture, sustainability initiatives, and increased adoption of agricultural biological products and integrated pests’ management techniques. Increased industrialization is having an effect on agriculture, reducing soil fertility and crop quality. As a result, the use of bionematicides to protect crops is increasing, implying potential growth for the Bionematicides Market. Furthermore, increasing the use of microorganisms in crops provides organic nutrients to the crops and improves crop quality, fueling the growth of the Bionematicides Market.

Bionematicides may be used in crops to meet the demand for fresh and organic vegetables, as consumers prefer chemical-free products and demand more organic and natural products. The restraints for the market growth are slow speed of action on target pests and low shelf life and barriers to the adoption of bionematicides. Whereas the opportunities are stringent environmental regulations against chemical/traditional nematicides, constant r&d activities, product launches, and developments and use of plant-based nematicides in organic agriculture and horticulture.

Global Bionematicides Market Segmentation Analysis

The Global Bionematicides Market is segmented on the basis of Type, Application, Crop Type, And Geography.

Bionematicides Market, By Type

• Microbials• Biochemical

Based on Type, The market is bifurcated into Microbials and Biochemical. Biochemical signals contain information about changes in the concentration of different chemical agents in the body. The concentration of different ions in cells, such as calcium and potassium, can be measured and recorded.

Bionematicides Market, By Application

• Foliar Spray• Soil Treatment• Seed Treatment• Others

Based on Application, The market is segmented into Foliar Spray, Soil Treatment, Seed Treatment, and Others. The mode of application for bionematicides was Soil Treatment, which accounted for the largest share of the market. One of the factors driving the growth of Soil Treatment application is that it promotes seed germination, allows for faster plant growth, and makes better use of moisture and nutrients, resulting in higher crop yields.

Bionematicides Market, By Crop Type

• Cotton• Corn• Fruit & Vegetables• Soybean• Others

Based on Crop Type, The market is bifurcated into Cotton, Corn, Fruit & Vegetables, Soybean, and Others. Fruit & Vegetables had the largest market share in the Bionematicides Market. The global demand for organic Fruit & Vegetables is increasing, which has led to an increase in the demand for biopesticides, indicating a positive market outlook for bionematicides.

Bionematicides Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

On the basis of Regional Analysis, The Global Bionematicides Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America led the market with the highest market share. On the basis of demand for bio nematicides, this region will maintain its dominance in the coming years, followed by Europe and the Asia Pacific. The Asia Pacific region is expected to grow at the fastest rate, owing to the growing adoption of organic agriculture and biopesticides in China and India’s developing economies. On the other hand, the Middle East and Africa are expected to expand slowly over the forecast period.

Key Players

The “Global Bionematicides Market” study report will provide valuable insight with an emphasis on the global market. The major players are Syngenta AG, Horizon Agritech, Bayer Cropscience AG, The Real IPM Company, Marrone Bio Innovations Inc., Bio HumaNetics Inc., T. Stanes and Company Limited, Agri Life, Certis USA LLC, Valent Biosciences Corporation.