Global Bionematicides Market Size By Type (Microbials, Biochemical), By Application (Foliar Spray, Soil Treatment), By Crop Type (Cotton, Corn), By Geographic Scope And Forecast
Published on: 2024-08-04 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
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. <span data-sheets-userformat='{"2"12865,"3"{"1"0},"9"0,"12"0,"15""Calibri","16"12}' data-sheets-value='{"1"2,"2""Global Bionematicides Analysis\r\nAccording to Market Research, Global Bionematicides Market is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2020 to 2027.\r\nGlobal Bionematicides Definition\r\nBio nematicides are biopesticides utilized for treating nematode infestation of crops. Nematodes are pests that are known to infect all kinds of crops, including vegetables and fruits. Bio nematicides are utilized to eradicate nematodes at all stages of their lifecycle, although their application during the pre-plantation stage of crops is found to be the most productive. Bio nematicides are utilized in both powder and liquid form. The prime strains utilized in bio nematicides are Paecilomyces lilacinus and Bacillus Firmus and they can be applied via soil application and drip system. \r\nBio nematicides are the eco-friendly fertilizers which are presumed to be the better option to protect the crops than other chemical fertilizer. Unlike the chemical, fertilizer bio nematicides offer organic nutrients and don’t pollute the soil. Bio nematicides contain the microorganism which produces more organic nutrient and as well as increase the soil fertility. As the organic and high-quality crop production is increasing, the utilization of bio nematicides is increasing.\r\nGlobal Bionematicides Overview\r\nThe agriculture sector is highly affected by the increasing industrialization which is further impacting the fertility of the soil and also the quality of crops, from which use of bio nematicides is increasing to protect the crops and implying the potential growth for the bio nematicides market. Moreover, the increasing use of microorganisms in crops is offering organic nutrients to the crops and the quality of the crops is growing, which is further fueling the growth of the bio nematicides market. As the consumers are preferring chemical-free products and demanding more organic and natural products, bio nematicides use in crops may fulfill the demand for fresh and organic vegetables.\r\nBio nematicides are facing a lack of awareness and low-efficiency issues which is one of the restraining factors of the global bio nematicides market. Additionally, bio nematicides are experiencing stiff competition from the numerous chemical fertilizers even offering environment-friendly solutions to the soil and crops, which is one of the major challenges for the bio nematicides market which needs to be overcome.\r\n\r\nGlobal BionematicidesSegmentation Analysis\r\nThe Global Bionematicides is segmented based on Materials, Process, End User and Geography.\r\nGlobal Bionematicides by Type\r\nBased on Type, the market is bifurcated into Biochemical and Microbials. Biochemical signals contain information about changes in the concentration of various chemical agents in the body. The concentration of various ions, such as calcium and potassium, in cells can be measured and recorded.\r\n\r\nGlobal Bionematicides by Application\r\nBased on Application, the market is segmented into Foliar Spray, Soil Treatment, Seed Treatment, and Others. Soil treatment mode of application accounted for the largest share in the bio nematicides market. The soil treatment mode of application promotes seed germination, enables faster plant growth, provides more efficient use of moisture and nutrients thus improving crop yields which is one of the factors driving the growth of soil treatment application.\r\n\r\nGlobal Bionematicides by crops type\r\nBased on crops type, the market is bifurcated into Cotton, Corn, Fruit & Vegetables, Soybean, and Others. Fruits & vegetables accounted for the largest market in the bio nematicides market. The demand for organic fruits & vegetables is increasing worldwide and this has led to the demand for biopesticides which holds a positive market outlook for bio nematicides.\r\n\r\nGlobal Bionematicides by Geography\r\nBased on regional analysis, the Global Bionematicides is classified into North America, Europe, Asia Pacific, and Rest of the world. Amongst these, North America led the market, holding a share of over 30%. This region will continue to maintain its superiority in the coming years, trailed by Europe and the Asia Pacific based on demand for bio nematicides. The Asia Pacific is predicted to be the most swiftly developing reg