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Bionematicides Market: Forthcoming Trends and Share Analysis by 2030
Global Bionematicides Market was valued at USD 442.08 million in 2021 and is expected to reach USD 1366.9 million by the year 2028, at a CAGR of 17.5%.
The Bionematicides Market has been experiencing substantial growth owing to the increasing demand for sustainable agricultural practices and the rising awareness about the harmful effects of chemical pesticides on the environment and human health. Bionematicides, derived from natural sources such as microbes, plants, and organic compounds, are gaining popularity as effective alternatives to synthetic nematicides. These bio-based solutions offer targeted pest control while minimizing adverse ecological impacts, making them attractive to both farmers and regulatory bodies. Additionally, the escalating need for higher crop yields to feed the growing global population further propels the market growth.
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Scope For 2024
Brief Introduction to the research report.
Table of Contents (Scope covered as a part of the study)
Top players in the market
Research framework (structure of the report)
Research methodology adopted by Worldwide Market Reports
Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years.
Leading players involved in the Bionematicides Market include:
Bayer Crop Sciences AG, Valent Biosciences Corporations, Brandt, Marron Bio Innovations, Agri Life, Monsanto, The Real IPM Company, Bio Huma Netics Inc., T. Stanes and Company, Syngenta, Certis USA, Dow Agro Sciences, Horizon Agrotech, BASF SE, FMC Corporation and other major players.
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Segmentation of Bionematicides Market:
By Crop Type
Cereals
Pulses & Oilseeds
Cash Crops
Fruits & Vegetables
Others
By Application
Foliar Spray
Seed Treatment
Soil Treatment
By Form
Liquid
Powder
By Regions: -
North America (US, Canada, Mexico)
Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
South America (Brazil, Argentina, Rest of SA)
Highlights from the report:
Market Study: It includes key market segments, key manufacturers covered, product range offered in the years considered, Global Bionematicides Market, and research objectives. It also covers segmentation study provided in the report based on product type and application.
Market Executive Summary: This section highlights key studies, market growth rates, competitive landscape, market drivers, trends, and issues in addition to macro indicators.
Market Production by Region: The report provides data related to imports and exports, revenue, production and key players of all the studied regional markets are covered in this section.
Bionematicides Profiles of Top Key Competitors: Analysis of each profiled Roll Hardness Tester market player is detailed in this section. This segment also provides SWOT analysis of individual players, products, production, value, capacity, and other important factors.
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#Bionematicides#Bionematicides Market#Bionematicides Market Size#Bionematicides Market Share#Bionematicides Market Growth#Bionematicides Market Trend#Bionematicides Market segment#Bionematicides Market Opportunity#Bionematicides Market Analysis 2023
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Vietnam Bionematicides Market Industry Trends, Forecast 2022-2029
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Vietnam bionematicides market size at USD 1.45 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects Vietnam bionematicides market size to grow at a significant CAGR of 15.9% reaching a value of USD 4.07 million by 2029. Major growth factors for Vietnam bionematicides market include increasing use of microorganisms in crops provides nutrients to crops, and the transitioning of chemical fumigant nematicides due to environmental concerns. An increase in crop quality is expected to fuel the expansion of the bionematicides market. Likewise, the massive crop infestation by nematodes, as well as sustainability initiatives and increased usage of agricultural biological products, are expected to boost the bionematicides market. Also, stringent environment regulations against chemical/traditional nematicides will create further chances for the bionematicides industry to flourish during the forecast period.
Vietnam Bionematicides Market ��� Overview
Bionematicides are biopesticides employed to protect plants against nematode infestation. These bionematicides are safe for the environment and have no negative effects on soil fertility or crop quality. Bionematicides are commonly utilized in agriculture to achieve the best crop quality possible. Bionematicides are produced by a variety of microorganisms, including fungi, bacteria, and inert materials. Bionematicides are available in both dry and liquid forms and can be applied at any point of the plant's life cycle. Bionematicides work best when used before planting. R&D activities in Vietnam are mostly focused on breeding novel crop types and creating appropriate production technology for such crops based on IPM. However, nothing has been done to promote organic agriculture, which is required if the biopesticides business is to expand substantially. Agricultural land currently accounts for 80% of the country's total land area, and the country, as a major agricultural producer, provides numerous prospects for agrochemical companies. Furthermore, Vietnam is transitioning towards high-tech agriculture practices, with the government investing VN 156.3 billion in 15 such initiatives. Vipesco, a Vietnam-based company, is a global leader in biopesticides and the pioneer in biopesticide manufacturing.
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Impact of COVID-19 on Vietnam Bionematicides Market
COVID-19 had a detrimental impact on the market for bionematicides. Lockdown restrictions imposed in Vietnam caused supply chain interruptions, which in turn upset the parties involved in the delivery of goods to the intended locations. Production efficiency has decreased as a result of factors including a manpower scarcity and a restricted supply of raw materials.
Vietnam Bionematicides Market – By Crop Type
Based on crop type, Vietnam bionematicides market is divided into Cereals & Grains, Oilseeds & Pulses, and Fruits & Vegetables segments. The fruits and vegetables segment held the highest market share in 2022. Pesticides are required during vegetable cultivation to protect against insects, fungi, weeds, and viruses. Biopesticides are required to safeguard potato crops, and this will help estimate the need for biopesticide products. Bio stimulants are used in potatoes to increase nutritional value and productivity. Increased demand for potatoes from the food industry due to their numerous end-use applications, such as chips and nuggets, will drive economic growth and benefit the biopesticide market.
Competitive Landscape
Major players operating in Vietnam bionematicides market include Bayer Cropscience AG, T. Stanes and Company, Dow Agro Sciences, BASF SE, Syngenta AG, Bio Huma Netics, Monsanto, Marrone Bio Innovations, Valent Biosciences, and FMC Corporation. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
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Bionematicides are biopesticides used for treating nematode infestation of crops. Nematodes are pests that are known to attack the roots of all types of crops such as field crops, fruits and vegetables and others. Usage of bionematicides to eradicate nematodes of all stages in their lifecycle. Furthermore, bionematicides are environmentally friendly and does not hamper the soil fertility and productivity of different crops. In addition, bionematicides are produced especially by different microorganisms such as bacteria, fungus, and other inert materials and which helps to reduces the loss of yield and leads to growth of the bionematicides market during forecast period. Furthermore, M. javanica, M. hapla, M. incognita, M. arenaria, and are of major economic importance, which is responsible for about 90% of all damage caused by root knot nematodes. Root knot nematodes (Meloidogyne spp.) are the dominant group of plant parasitic nematodes in nearly all vegetable fields and cause extensive losses which leads helps growth of bionematicides market in projected period.
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Biorational Pesticides Market Overview, Growth Factors, Opportunities, and Top Companies
The biorational pesticides market size is expected to expand from USD 7.5 billion in 2023 to USD 15.1 billion by 2028, with a compound annual growth rate (CAGR) of 15.2% during this period. Growing awareness of the harmful impacts of synthetic chemical pesticides on ecosystems, biodiversity, and human health has driven a shift toward more environmentally friendly alternatives. Regulatory authorities are increasingly supporting biorational pesticides due to their lower toxicity and reduced environmental persistence compared to synthetic chemicals, which is fueling market growth.
Biorational Pesticides Market Drivers: Government Initiatives on Chemical Pesticide Bans and Public Awareness Programs
The detrimental impact of chemical pesticides on soil, the environment, and water bodies globally has driven a growing focus on promoting biopesticides in agriculture. This push includes awareness campaigns and supportive policies that encourage private sector involvement. Regions like South America, Asia Pacific, and Europe are witnessing rapid market growth, thanks to initiatives that promote the use and production of biorational pesticides among farmers and producers.
In North America, the Environmental Protection Agency (EPA) regulates bioinsecticides, biofungicides, and bionematicides—key categories of biopesticides—overseeing their registration and monitoring their effects on human health and the environment. The sale and distribution of biopesticides are governed by the Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA), which ensures food and feed remain residue-free under the Federal Food, Drug, and Cosmetic Act (FFDCA).
In India, the government has integrated bioinsecticides into its Integrated Pest Management (IPM) approach, which combines cultural, mechanical, and biological pest control techniques. Central Integrated Pest Management Centers (CIPMCs) promote this strategy, along with the judicious use of chemical pesticides when necessary, through programs like Farmers Field Schools and training initiatives. These government efforts play a pivotal role in advancing the biorational pesticides market, especially bioinsecticides, by underscoring the importance of sustainable pest management practices.
Biorational Pesticides Market Opportunities: Advancements in microbial research undertaken by key players across regions
Companies like Bayer AG (Germany) have made significant advancements in microbial and RNA interference (RNAi) technology, creating promising opportunities in the biorational pesticides market. Major industry players in crop protection have invested heavily in research, leading to the use of biological signals to trigger RNAi-specific genes. This innovation has the potential to enhance disease and pest resistance while improving crop yield and quality. A key development is the focus on creating sprayable RNAi products for biological crop protection. For example, Monsanto Company (before its acquisition by Bayer) received EPA approval in 2017 for a genetic engineering technology that uses RNA interference to combat insect pests. Additionally, Corteva Agriscience (US) secured licenses for two insect traits from Monsanto, including an RNAi rootworm trait. The growing adoption of this technology in the industry offers a novel solution, especially for managing rootworm traits.
What are the key benefits of using microbials in biorational pesticide production?
The growth of the biorational pesticides market is driven by the use of microbials such as bacteria, fungi, viruses, and protozoa to create environmentally sustainable pest control solutions. These microorganisms work through specific modes of action, effectively targeting pests while reducing the impact on the environment and non-target species. They are formulated into various products, including microbial-based insecticides, fungicides, and nematicides.
For example, Bacillus thuringiensis (Bt), a well-known microbial insecticide, highlights the market's commitment to eco-friendly solutions. Bt produces insect-toxic proteins that specifically target certain pests without posing risks to humans, animals, or beneficial insects. Bt-based products, widely used in agriculture and mosquito control programs around the world, illustrate the market's shift toward sustainable pest management practices.
Asia Pacific's Biorational Pesticides Market Expected to Experience the Highest CAGR During the Forecast Period.
The Asia Pacific region is expected to experience the highest Compound Annual Growth Rate (CAGR) in the market from 2023 to 2028, driven by the increasing adoption of eco-friendly pest control solutions. Japan's "Organic Village" initiative, spearheaded by the Ministry of Agriculture, Forestry and Fisheries (MAFF), aims to boost the organic farming share to 25 percent by 2050. This initiative reflects a strategic push toward organic practices, likely fueling the demand for biorational pesticides in the region.
Similarly, China's “14th Five-Year Plan for National Economic and Social Development” underscores a growing focus on organic and sustainable agriculture. The plan highlights efforts to enhance green agricultural standards and strengthen certification for green food, organic products, and geographical indications. This commitment to eco-friendly farming is expected to increase demand for biorational pesticides in China, positively impacting the growth trajectory of the Asia Pacific market.
Top Biorational Pesticides Companies:
The key players in this include BASF SE (Germany), Bayer AG (Germany), UPL (India), FMC Corporation (US), Syngenta AG (Switzerland), Novozymes A/S (Denmark), Sumitomo Chemical Co., Ltd (Japan), Pro Farm Group Inc (US), Koppert (Netherlands), Valent BioSciences LLC (US), Gowan Company (US), Certis Biologicals (US), Biobest Group (Belgium), BIONEMA (UK), and Vestaron Corporation (US).
Key Questions Addressed by the Biorational Pesticides Market Report:
Which are the major companies in the biorational pesticides market? What are their major strategies to strengthen their market presence?
What are the drivers and opportunities for the biorational pesticides market?
Which region is expected to hold the highest market share?
Which are the key technology trends prevailing in the biorational pesticides market?
What is the total CAGR expected to be recorded for the biorational pesticides market during 2023-2028?
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#Biorational Pesticides Market#Biorational Pesticides#Biorational Pesticides Market Size#Biorational Pesticides Market Share#Biorational Pesticides Market Growth#Biorational Pesticides Market Trends#Biorational Pesticides Market Forecast#Biorational Pesticides Market Analysis#Biorational Pesticides Market Report#Biorational Pesticides Market Scope#Biorational Pesticides Market Overview#Biorational Pesticides Market Outlook#Biorational Pesticides Market Drivers#Biorational Pesticides Industry#Biorational Pesticides Market Companies
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Biopesticides Market by Type (Bioinsecticides, Biofungicides, Bionematicides), Crop Type (Cereals & Grains, Oilseeds & Pulses), Formulation (Liquid and Dry), Source (Microbials, Biochemicals) Mode of Application, Region - Global Forecast to 2028
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Key Trends in the Agricultural Biologicals Market
The agricultural biologicals market is on a trajectory of substantial growth, with projections indicating a CAGR of 13.7% from USD 14.7 billion in 2023 to USD 27.9 billion by 2028. Several key drivers, including increased awareness of organic food, environmental concerns, and favorable regulations, are propelling this expansion. Let's explore the key trends driving this market.
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Domination of Biocontrols Segment: The biocontrols segment is set to dominate the agricultural biologicals market, offering eco-friendly alternatives to chemical pesticides. Driven by growing awareness of pesticide residue levels in food, biocontrols are gaining popularity for their ability to enhance crop quality and yield while preserving the environment.
Rapid Growth of Bionematicides Segment: Expectations point towards the bionematicides segment experiencing the highest growth rate in the market. With global agricultural losses attributed to root-knot nematodes, the under-commercialized bionematicides market presents significant opportunities for growth in preventing soil-borne insect damage.
Surge in Bioinsecticides Segment: The bioinsecticides segment is anticipated to witness rapid growth as well. Increasing instances of insect infestations, exacerbated by climate stress, drive the demand for bioinsecticides. Their sustainability and cost-effectiveness compared to traditional chemicals make them an attractive option for farmers.
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Regional Insights: North America leads the agricultural biologicals market, driven by factors such as the growth of the organic industry and rising awareness of soil nutrient preservation. Extensive research and development efforts in the region further propel market growth, supported by significant patents awarded for biocontrol and biostimulants.
Key Players: Major players in the agricultural biologicals market, including BASF SE, Syngenta AG, Pro Farm Inc., Isagro S.p.A., UPL, Evogene Ltd, Bayer AG, and Vegalab S.A., play a pivotal role in driving innovation and sector development. Their contributions fuel the market's growth trajectory, shaping its future.
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Nematicides
The global Nematicides market is projected to reach a valuation exceeding USD 1,073 million in 2019, demonstrating a steady CAGR of 4.3% during the forecast period. This class of pesticides is specifically designed to eliminate plant parasitic nematodes, which, among various microorganisms and multicellular organisms present in soil, can pose a threat to plant health. Although the majority of these organisms are harmless, certain nematodes have the potential to cause diseases in humans and animals, particularly by feeding on living plant roots and significantly impacting overall crop production. Consequently, the use of nematicides has become crucial for farmers seeking to enhance productivity, leading to a consistent upward trajectory in demand.
Factors such as diminishing arable land, heightened demand for crop protection, and the necessity for increased yields collectively drive the global nematicides market. The decline in commodity prices in recent years has prompted agriculturists to opt for value-based pesticides, with nematicides meeting these expectations. Additionally, government policies worldwide, offering subsidies on pesticide usage, contribute to increased sales. On a macroeconomic level, rising per capita income, coupled with a health-conscious attitude, has led consumers to demand healthier food products, further influencing nematicide sales globally.
While the industry exhibits positive trends, certain negative sentiments have limited its full potential. Concerns regarding adverse effects on human and animal health, as well as environmental degradation, have prompted engaged companies to conduct timely product campaigns aimed at creating consumer awareness.
Global Nematicides Market Size and Forecast: Regional Analysis
Nematicides consumption is notably higher in developed regions globally, with North America dominating the market share in 2018 by 39%. The region has a higher consumption of agrochemicals compared to the rest of the world. Although Asia Pacific represents the largest pesticides market, the use of nematicides is relatively lower due to higher prices and increased demand for alternative pesticides. In Asia Pacific, India saw the highest consumption, driven by its extensive arable land and increased spending capacity of farmers. As a result, the demand for nematicides in the region is expected to witness a significant push during the forecast period. China-based and regional players actively capture the Asia Pacific market, leading to market fragmentation in the region.
Global Nematicides Market Size and Forecast: Competition Landscape
Key players in the Nematicides market include:
Syngenta AG
Bayer AG
Monsanto
FMC Corporation
Adama Agricultural Solutions Ltd.
BASF SE
Valent
Dow Agrosciences
Industry Segmentation
By Type:
Fumigant
Carbamate
Organophosphate
Bionematicide
By Application:
Seed Treatment
Fumigation
Irrigation
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FMC Corporation (NYSE: FMC) Price has shown a massive downfall and indicates seller dominance for the past sessions. Moreover, the Price action shows that FMC Stock has broken its crucial support zone, indicating short buildup activity in the last Trading sessions. Furthermore, FMC Stock has persisted in dragging the gains and failed to hold the gains, resulting in a massive decline over the past weeks. Moreover, the chart structure favors the sellers and suggests a follow on selling, which may head toward the immediate support mark of $60. FMC Stock signals bearishness and faces selling pressure, forming a bearish rounding top pattern on the charts. Moreover, the Price action signals that sellers persisted in gaining traction and attained momentum by decisively smashing below the ongoing clusters for the past sessions. At press time, FMC Stock Price is Trading at $75.46 with an intraday drop of 0.84%, showing bearishness on the charts. Moreover, the Trading volume increased by 1.98% to 3.065 Million, and the Market cap is $9.412 Billion. However, Analysts maintained a buy rating with a yearly target Price of $111.66, suggesting a growth outlook. However, the Stock faced selling pressure and lost the initial gains, hovering below the primary support of $80. FMC Corp. is an agricultural sciences company that provides solutions to growers and pipeline development in crop Protection, plant health, precision agriculture, and professional pest and turf management. It offers insect control products under the Rynaxypyr and Cyazypyr brands, herbicides under the Authority, Boral, Centium, Command, and Gamit brands, insecticides under the Talstar and Hero brands, flutriafol-based fungicides, and bionematicides under the Quartzo and Presence brands. FMC Stock Shows Bear Dominance On Daily Charts Source: FMC Stock Price Chart At TradingView On the daily charts, FMC Stock Price showed a breakdown and is Trading below the significant moving average, showing bearishness for the past sessions. Moreover, the Price has slipped below the 38.2% Fib level, is heading toward the 23.6% Fib zone, and is on the verge of the lower Bollinger band. The RSI curve stayed below the oversold region and showed a bearish divergence, indicating a negative outlook on the charts. The MACD indicator showed a bearish crossover and formed red bars on the histogram, suggesting a follow on selling in the upcoming sessions. Summary FMC Stock Price is Trading below the significant moving averages, showing bearishness on the charts. Moreover, the Price is now near the critical zone, which, if it breaks, leads to a free fall toward $60. Conversely, the RSI curve suggests a rebound, with trendline near $80 being retested. However, sellers persisted in making short buildup and suggested a negative outlook for the following sessions. Technical Levels Support Levels: $70 and $60 Resistance Levels: $80 and $90
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Biological Seed Treatment Market: Innovations for Sustainable Pest and Disease Management
The biological seed treatment market refers to the use of biological agents, such as beneficial microorganisms and natural substances, to protect seeds from pests, diseases, and other harmful factors. Biological seed treatments are gaining popularity as an alternative to chemical treatments due to their environmentally friendly nature and potential for sustainable agriculture practices.
Market Overview:
The global biological seed treatment market has been experiencing significant growth in recent years. The demand for sustainable agricultural practices, coupled with the increasing need for crop protection and yield enhancement, has driven the adoption of biological seed treatments. These treatments offer several benefits, including improved germination, enhanced plant growth, disease resistance, and increased stress tolerance.
Key Players:
The market is highly competitive and comprises several major players, including:
Bayer CropScience AG Syngenta AG BASF SE Novozymes A/S Monsanto Company DowDuPont Inc. Koppert Biological Systems Valent Biosciences LLC Arysta LifeScience Corporation Certis USA LLC
Types of Biological Seed Treatments:
a. Microbial-based Treatments: ⋆ Biofungicides: These are microbial-based treatments that protect seeds from fungal diseases, such as damping-off and seedling blights. ⋆ Bioinsecticides: Microorganisms are used to control insects and pests that damage seeds and seedlings. ⋆ Bionematicides: Beneficial microorganisms are employed to suppress nematode populations that can harm seeds and roots.
b. Botanical-based Treatments:
⋆ Plant Extracts: Natural extracts derived from plants are used as seed treatments to control pests and diseases. ⋆ Essential Oils: Essential oils obtained from herbs, spices, and other plants are utilized for their antimicrobial and insecticidal properties.
Crop Types:
Biological seed treatments are applicable to a wide range of crops, including: Cereals and Grains (wheat, corn, rice, barley) Oilseeds and Pulses (soybean, sunflower, canola, chickpea) Fruits and Vegetables (tomato, potato, cucumber, lettuce) Other Crop Types (cotton, sugar beet, turf and ornamentals)
Application Methods:
Seed Coating: The biological agents are applied directly to the seed surface, providing protection during germination and early growth stages. Seed Pelleting: The biological treatments are mixed with a binder and adhered to the seed surface, offering prolonged protection. Seed Dressing: The seed is treated with liquid formulations containing biological agents. Soil Treatment: Biological treatments are applied to the soil before planting, providing long-term protection against soil-borne diseases and pests.
Market Drivers:
⋆ Growing demand for sustainable and eco-friendly agricultural practices. ⋆ Increasing concerns about the environmental and health impacts of chemical seed treatments. ⋆ Rising need for crop yield improvement and disease resistance. ⋆ Government support and regulations promoting the use of biological seed treatments. ⋆ Advancements in biotechnology and microbial research.
Market Challenges:
⋆ Limited shelf life and inconsistent performance of biological agents. ⋆ Lack of awareness among farmers about the benefits and effectiveness of biological seed treatments. ⋆ High development and production costs compared to chemical treatments. ⋆ Regulatory challenges and product registration processes.
Regional Analysis:
The biological seed treatment market is segmented into various regions, including North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. North America and Europe currently dominate the market due to the high adoption of sustainable agricultural practices and stringent regulations on chemical use. However, the Asia-Pacific region is expected to witness substantial growth due to increasing awareness, expanding agriculture industry, and rising population.
Future Outlook:
The biological seed treatment market is projected to experience significant growth in the coming years. Factors such as the increasing demand for organic food, sustainable agriculture practices, and the need for crop protection are expected to drive market expansion. Technological advancements in microbial research and formulation techniques will likely lead to the development of more efficient and stable biological seed treatment products.
In conclusion, the biological seed treatment market is witnessing substantial growth as farmers and agricultural stakeholders recognize the benefits of sustainable and environmentally friendly practices. With the potential to enhance crop productivity, disease resistance, and overall plant health, biological seed treatments are poised to play a crucial role in the future of agriculture.
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Bionematicides Market: Forthcoming Trends and Share Analysis by 2030
Global Bionematicides Market was valued at USD 442.08 million in 2021 and is expected to reach USD 1366.9 million by the year 2028, at a CAGR of 17.5%.
Bionematicides are biopesticides used for treating nematode infestation of crops. Nematodes are pests that are known to attack the roots of all types of crops such as field crops, fruits and vegetables and others. Usage of bionematicides to eradicate nematodes of all stages in their lifecycle. Furthermore, bionematicides are environmentally friendly and does not hamper the soil fertility and productivity of different crops. In addition, bionematicides are produced especially by different microorganisms such as bacteria, fungus, and other inert materials and which helps to reduces the loss of yield and leads to growth of the bionematicides market during forecast period. Furthermore, M. javanica, M. hapla, M. incognita, M. arenaria, and are of major economic importance, which is responsible for about 90% of all damage caused by root knot nematodes.
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The latest research on the Bionematicides market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Bionematicides industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Bionematicides market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
Leading players involved in the Bionematicides Market include:
Bayer Crop Sciences AG, Valent Biosciences Corporations, Brandt, Marron Bio Innovations, Agri Life, Monsanto, The Real IPM Company, Bio Huma Netics Inc., T. Stanes and Company, Syngenta, Certis USA, Dow Agro Sciences, Horizon Agrotech, BASF SE, FMC Corporation and other major players.
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Segmentation of Bionematicides Market:
By Crop Type
Cereals
Pulses & Oilseeds
Cash Crops
Fruits & Vegetables
Others
By Application
Foliar Spray
Seed Treatment
Soil Treatment
By Form
Liquid
Powder
By Regions: -
North America (US, Canada, Mexico)
Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
South America (Brazil, Argentina, Rest of SA)
Highlights from the report:
Market Study: It includes key market segments, key manufacturers covered, product range offered in the years considered, Global Bionematicides Market, and research objectives. It also covers segmentation study provided in the report based on product type and application.
Market Executive Summary: This section highlights key studies, market growth rates, competitive landscape, market drivers, trends, and issues in addition to macro indicators.
Market Production by Region: The report provides data related to imports and exports, revenue, production and key players of all the studied regional markets are covered in this section.
Bionematicides Profiles of Top Key Competitors: Analysis of each profiled Roll Hardness Tester market player is detailed in this section. This segment also provides SWOT analysis of individual players, products, production, value, capacity, and other important factors.
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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About us:
Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assisting our clients to grow and have a successful impact on the market. Our team at IMR is ready to assist our clients to flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, that specializes in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyse extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.
Contact us:
Introspective Market Research
3001 S King Drive,
Chicago, Illinois
60616 USA
Ph no: +1-773-382-1049
Email: [email protected]
#Bionematicides#Bionematicides Market#Bionematicides Market Size#Bionematicides Market Share#Bionematicides Market Growth#Bionematicides Market Trend#Bionematicides Market segment#Bionematicides Market Opportunity#Bionematicides Market Analysis 2023
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Bionematicides Market Impressively Grow in Future by Top Companies Analysis
The bionematicides market is expected to witness market growth at a rate of 11.20% in the forecast period of 2022 to 2029. Data Bridge Market Research report on bionematicides market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the biocontrol seed treatment…
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Nematicide Market Projected to Garner Significant Revenues by 2027
The nematicide market is projected to reach USD 3.0 billion by 2027, recording a CAGR of 9.9% during the forecast period. The global industry is estimated to be valued at USD 1.9 billion in 2022. Nematodes are non-segmented, bilaterally symmetric worm-like invertebrates that lack respiratory and circulatory systems but have a body cavity and a fully functional digestive system. It is difficult to create chemical countermeasures against worms that infests plants. It is challenging to administer a chemical to a nematode's immediate surroundings since most Phyto-parasitic nematodes spend their whole lives isolated to the soil or inside plant roots.
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Drivers: Economic damage such as crop production losses which leads to monetary losses, caused by Phyto parasitic nematodes continues to maintain the interest of private and public research institutes
According to CropLife India, food crops are damaged by more than 10,000 species of insects, 30,000 species of weeds, 100,000 diseases (caused by fungi, viruses, bacteria, and other microorganisms), and 1,000 species of nematodes, globally. The losses caused need to be contained to meet the food requirements to keep crop production from stagnating.
According to the FAO, approximately 20%–40% of crop yield is lost every year due to pest infestation. Crop pests include fungi, bacteria, viruses, insects, nematodes, viroid, and oomycetes. The diversity of crop pests continues to expand, and new strains are continually evolving. The effect of global warming would increase pest infestation further, as most of them thrive in warmer climates. Losses of major crops due to fungi, nematodes, and other such microorganisms are also on the rise. The study suggests that these figures would increase due to an increase in global temperatures, increased cropping intensity, and reduced crop rotations; this will lead to an increased demand for crop protection products such as nematicides.
Opportunities: Providing customized solutions targeted toward specific pests
With the growing environmental and pollution concerns and health hazards from many conventional agrochemicals, the demand for natural biologicals is rising steadily across regions. Customers are witnessing a high demand for new biological products such as bionematicides to use against nematodes on standing crops, which cause crop damages, thereby reducing the overall farm yield and quality. One such innovative method is seed treatment, which is gaining traction due to its less or non-toxic nature, reduced cost of cultivation, and favourable effect on the yield and quality of crops. Moreover, seed treatment is targeted toward the desired pests and improve efficiency in nutrient uptake.
Organic acid-based plant extract biocontrol is one of the major trends
Various key players and start-ups are focusing on developing bionematicides through alternate sources which were previously unexplored. A variety of organic acids, including amino, acetic, butyric, formic, and propionic acids have been shown to be toxic to certain species of plant parasitic nematodes. These are either the result of microbial decomposition of various compounds in the soil or metabolites produced by microorganisms. Several acids, including heptalic acid and hydroxamic acid, have been used successfully against nematodes.
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North America dominated the nematicide market, with a value of USD 0.54 billion in 2021; it is projected to reach USD 0.91 billion by 2027, at a CAGR of 9.4 % during the forecast period.
The US is one of the largest soybean producers and its by-products and contributes to a significant share in the oilseeds market. While a major portion of the demand for oilseeds is from the food and feed industries, the regulatory framework for the biofuel sector of Mexico has been changing. The scope for oilseeds in the biofuel sector is also changing. Canada has been experiencing a high demand for grains, stemming from the livestock industry. The countries are not self-sufficient entirely and depend on imports from the South American countries such as Brazil and Argentina.
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Biopesticides Market to Witness Unprecedented Growth in Coming Years
The global biopesticides market was experiencing growth driven by increasing awareness about sustainable agriculture practices, concerns over the environmental impact of chemical pesticides, and a growing demand for organic food. Biopesticides are a type of pest control method derived from natural materials such as animals, plants, bacteria, and certain minerals. They are considered environmentally friendly and are often used as alternatives to synthetic chemical pesticides. The global biopesticides market includes various types of biopesticides, such as bioinsecticides, biofungicides, and bionematicides.
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The biopesticides market size is projected to reach USD 13.9 billion by 2028 from USD 6.7 billion by 2023, at a CAGR of 15.9% during the forecast period in terms of value. The growing awareness about the harmful effects of synthetic pesticides on human health and the environment has led to a rising demand for biopesticides.
Europe is expected to hold a significant biopesticides market share during the forecast period
Countries such as the France, Germany, Spain, Italy, UK, Netherlands, Russia and Rest of Europe have been considered in this study. Biopesticides refer to the use of various products and techniques to protect crops from damage caused by environmental factors, heavy foot traffic, and other factors. The demand for biopesticides is driven by several factors, including Biopesticides offer a safer and more sustainable alternative for pest control in agriculture and the increasing adoption of organic farming practices, driven by consumer demand for chemical-free food and sustainable agricultural practices, has boosted the demand for biopesticides.
The demand for biopesticides is particularly strong in developed countries with large and growing sports and landscaping industries. For example, in France, the demand for biopesticides is driving due to governments and regulatory bodies are imposing stricter regulations on the use of synthetic pesticides due to their potential adverse effects. This has created a favorable environment for the biopesticides market to flourish.
The microbial source of the biopesticides segment is driving the market due to target pest specificity
The demand for microbial pesticides is increasing due to their effectiveness in integrated pest management (IPM) strategies. IPM emphasizes the use of multiple pest control methods to achieve sustainable and targeted pest management. Microbial pesticides are a valuable component of IPM as they offer an environmentally friendly alternative to chemical pesticides. This resonates with farmers who seek sustainable and long-term solutions for pest control.
Moreover, microbial pesticides have demonstrated their efficacy against a wide range of pests and diseases. They possess a high level of specificity, allowing them to selectively target pests while minimizing harm to beneficial insects. This precision in pest control is crucial for preserving biodiversity and maintaining ecological balance in agricultural ecosystems. Farmers recognize the importance of using microbial pesticides to protect their crops while minimizing the unintended negative impacts on the environment.
The liquid formulation of biopesticides segment is driving the market in biopesticides in 2023
The increasing demand for liquid biopesticides can be attributed to several key reasons. Firstly, the ease of application is a significant advantage. Liquid biopesticides can be conveniently mixed with water and applied using standard spraying equipment. This allows for efficient and uniform coverage of crops, ensuring effective pest control. Farmers appreciate the convenience and flexibility offered by liquid formulations, as they can seamlessly integrate them into their existing spraying routines. Secondly, liquid biopesticides tend to have a longer shelf life compared to powdered or granular forms. This extended shelf life enables better storage and distribution, reducing the risk of product deterioration. It ensures that the biopesticides remain viable and available when needed, providing farmers with a reliable pest management solution.
Moreover, liquid formulations offer improved adherence to plant surfaces, enhancing their efficacy. They have the ability to penetrate the tissues of plants and provide systemic protection against pests and diseases. This is particularly beneficial when combating pests that target below-ground plant parts or when managing systemic diseases that affect the entire plant. The ability of liquid biopesticides to provide systemic protection contributes to their effectiveness in controlling pests and diseases.
Significant businesses showcased the global biopesticides market
BASF SE (Germany), Bayer AG (Germany), Syngenta AG (Switzerland), UPL (India), FMC Corporation (US), Pro Farm Group Inc. (US), Novozymes (Denmark), Isagro S.p.A (Italy), Nufarm (Australia), and Certis USA L.L.C. (US).
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Key Questions Addressed-
Who will be the leading hub for the global biopesticides industry?
Are there any challenges affecting this industry, as per the global biopesticides market forecasts?
What is the biopesticides market size in years to come?
Which region holds the largest biopesticides market share?
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