Bionematicides Market evaluates the
market share held by the key Players of the industry and offers a full
assessment of the competitive landscape. This market is fragmented into
different segments with the insightful analysis of each segment with respect to
the geography for the study period. Based on the historical data, the report
evaluation future prospects and provides the market trends, size, growth, and
estimation for the period 2018-2025.
Bionematicides are biobased
nematicides which protect crops from insects, fungus and nematodes. Unlike
conventional nematicides these bionematicides are ecofriendly and do not pose
any threat to the fertility of soil and quality of crop. Bionematicides are
widely used in agriculture to yield high quantity and superior quality crops.
Basic function of bionematicide
is to prevent crops from damage and facilitate its growth. It has several
benefits over the conventional nematicides and is widely used in modern
agriculture to prevent both crop and environment. Global bionematicides market
is segmented on the basis of crop as fruits & vegetables that include leafy
vegetables, tomato pepper and other fruits & vegetables (including banana,
potato, citrus, etc.); corn, soybean, cotton and others (including oil crops,
cereals, pulses, etc.). Cotton and fruits and vegetables are dominating application
segments which augment growth of global bionematicides market.
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Increase in agricultural
activities and crop production in developing economies is a significant factor
fueling the growth of this market. Demand for high quality fruits and
vegetables grown under biobased nematicides and pesticides is another factor to
upsurge growth of this market. Government regulations regarding the use of
bionematicides mandatorily so as to prevent environment and health related
diseases from conventional nematicides is expected to be the key factor to open
new opportunities for this market. Less availability of bionematicides and use
of conventional ad harmful nematicides by farmers for huge profits are major
restraints of this market.
This report is segmented by geography as
Europe, Asia Pacific, North America, Latin America and Middle East and Africa.
North America is the leading geography of this market. Adoption of new
agricultural techniques in US and Canada support market growth of North
America. Asia Pacific is a fast growing region with substantial market growth.
Ever increasing population in India and China and high demand for fruits and
vegetables will drive market growth of Asia Pacific region. Latin America and
MEA are emerging markets expected to show steady growth for the forecast. Key
participants in the global bionematicides market include Dow AgroSciences LLC,
FMC Corporation, Marrone Bio Innovations, Inc., Valent BioSciences Corporation,
Bayer CropScience AG, BASF SE, Monsanto Company, Syngenta AG and Certis USA
LLC.
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