#Vietnam Bionematicides Market
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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 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)
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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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Sustainable Growth Opportunities in the Nematicides Market
The global nematicides market size is estimated to account for a value of USD 1.3 billion in 2020 and is projected to grow at a CAGR of 3.4% from 2020, to reach a value of USD 1.6 billion by 2025. The growing demand for high-value crops alongside the increasing infestation of nematodes on crops are some of the factors driving the growth in the market.
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COVID-19 impact on Nematicides market
The nematicides market includes major Tier I and II suppliers like Syngenta AG, Bayer AG, BASF SE, UPL Ltd,FMC Corporation, Marrone Bio Innovations and Isagro S.p.A. These suppliers have their manufacturing facilities spread across various countries across Asia Pacific, Europe, North America, South America, and RoW. COVID-19 has impacted their businesses upto some extent. Though this pandemic situation has impacted their businesses, there is no significant impact on the global operations and supply chain of their nematicides. Multiple manufacturing facilities of players are still in operation.
Constraint: Pesticide residue problems
One key restraint in the crop protection chemicals market is the pesticide residue problem due to the non-judicious use of pesticides by the farmers. Pesticide residue problems are highly found in the crops grown in developing or under-developed countries. Countries such as Vietnam, Ghana, and the Philippines are known for such low-quality crop production, affected by pesticide residues. Though intensive farming is inevitable without the use of pesticides, farmers in developing countries tend to use excess pesticides, which then damage the crops. Thus, improper use and illegal import-export of pesticides, and lack of proper government regulations have resulted in pesticide residue issues and excessive application of toxic pesticides, thereby hindering the growth of the crop protection chemicals market.
Opportunity: 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. The use of biologicals and related alternative management products is increasing. R&D teams of major global players are also engaged in discovering target-specific innovative products by using biological insecticides, which promote organic agriculture.
By crop type, vegetables are projected to dominate the nematicides market.
The vegetables segment is projected to hold the largest market share owing to the increasing cases of infestation on vegetables such as potatoes, tomatoes, peas, cauliflower, and carrots, by nematode species such as root-knot, lesion, and cyst nematodes. The increasing acreage being brought under vegetable cultivation and the growing demand for organic vegetables drive the growth of this segment.
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North America to be the largest market for nematicides during the forecast period.
The region is a host to some of the major players in the nematicides market such as BASF SE (Germany), Bayer AG (Germany), Syngenta (Switzerland), and Nufarm Ltd (Australia) who actively invest on new product launches that would cater to nematode attacks on field crops such as soybean, corn, and cotton which are majorly produced in countries such as the US and Mexico. The acreage which is being brought under field crops is growing due to increased international and domestic demand for these field crops. The adoption of genetically modified seeds has also increased the cases of nematode infestation on crops such as soybean and corn, thereby driving growth in the market.
Key Market Players:
Some of the major players operating in the market include Bayer AG (Germany), Syngenta Crop Protection AG (Switzerland), Corteva Agriscience (US), BASF SE (Germany), Adama Agricultural Solutions Ltd (Israel), FMC Corporation (US), Nufarm (Australia), UPL Limited (India), Isagro Group (Italy), Valent USA (US), Chr. Hansen (Denmark), Certis USA LLC (US), Marrone Bio Innovations (US), American Vanguard Corporation (US), Crop IQ Technology (UK), Real IPM Kenya (Kenya), Horizon Group (India), Agri Life (India), Crop IQ Technology Ltd (UK), and T. Stanes & Company Limited (India).
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Biopesticides Market 2021 | Covid19 Impact Analysis | Size, Share, Sales and Forecast to 2026: BASF, Koppert, Arysta LifeScience, Bayer, Marrone Bio Innovations, etc.
Global Biopesticides Market 2021 report is comprised of an in-depth analysis of the global industry which aims to deliver comprehensive market intelligence study associated with major market components. The report includes an overview of these markets on different fronts such as market size, market share, market penetration of the product and services, market downstream fields, key vendors operating within the territory, market price analysis and more. This might help readers across the worldwide business industry to comprehend a lot about the regional as well as key domestic markets for Biopesticides. Reports include an overview and examination of the major companies operating within the industry which are considered to be revenue drivers for the market.
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Top Key players of Biopesticides Market Covered In The Report: BASF Koppert Arysta LifeScience Bayer Marrone Bio Innovations Certis Stockton Group Monsanto BioAg BioWorks Isagro Valent BioSciences Camson Bio Technologies Key Market Segmentation of Biopesticides:
on the basis of types, the Biopesticides market from 2015 to 2025 is primarily split into:
Bioinsecticides Biofungicides Bioherbicides Bionematicides on the basis of applications, the Biopesticides market from 2015 to 2025 covers:
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The Biopesticides report includes the study of these ventures on parameters such as market share, company profile, revenue figures, sales data, market presence, product or service portfolio, past performance, expected performance, and more. This may assist those who are willing to enhance their know-how of the competitive scenario of the Biopesticides Market.
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Key Highlights from Biopesticides Market Study:
Income and Sales Estimation – Historical Revenue and deals volume is displayed and supports information is triangulated with best down and base up ways to deal with figure finish market measure and to estimate conjecture numbers for key areas shrouded in the Biopesticides report alongside arranged and very much perceived Types and end-utilize industry. Moreover, macroeconomic factors and administrative procedures are discovered explanation in Biopesticides industry advancement and perceptive examination.
Assembling Analysis – The Biopesticides report is presently broken down concerning different types and applications. The Biopesticides market gives a section featuring the assembling procedure examination approved by means of essential data gathered through Industry specialists and Key authorities of profiled organizations.
Competition Analysis – Biopesticides Leading players have been considered relying upon their organization profile, item portfolio, limit, item/benefit value, deals, and cost/benefit.
Demand and Supply and Effectiveness –
Biopesticides report moreover gives support, Production, Consumption and (Export and Import).
Biopesticides Market Region Mainly Focusing: — Europe Biopesticides Market (Austria, France, Finland, Switzerland, Italy, Germany, Netherlands, Poland, Russia, Spain, Sweden, Turkey, UK), — Asia-Pacific and Australia Biopesticides Market (China, South Korea, Thailand, India, Vietnam, Malaysia, Indonesia, and Japan), — The Middle East and Africa Biopesticides Market (Saudi Arabia, South Africa, Egypt, Morocco, and Nigeria), — Latin America/South America Biopesticides Market (Brazil and Argentina), — North America Biopesticides Market (Canada, Mexico, and The USA)
The Biopesticides Market report concludes with sharing vital report findings with readers. Here on the basis of study of historical data, examination of the current scenarios overserved in various markets including regional and domestic and trends recorded, it delivers forecast of the market. This includes segmental forecast, regional market forecast, market size forecast, consumption forecast.
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Biopesticides, Biopesticides Market, COVID19 Impact on Biopesticides Market, Biopesticides Forecast, Biopesticides Market Growth, Biopesticides Market Sales, Biopesticides Market Size, Biopesticides Market Regional Analysis
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Global Biopesticides Market By Type (Bioinsecticides, Biofungicides, Bionematicides, Bioherbicides), Source (Microbials, Biochemicals, Beneficial Insects), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2027.
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Global Bionematicides Market 2027 Growth Analysis By Manufacturers, Regions, Type And Application, Forecast Analysis
Market Analysis and Insights: Global Bionematicides Market
The agriculture industry is highly affected by the growing industrialization and further affects soil fertility and also crop quality from which the use of bionematicides increases to protect crops and implies potential growth for the demand for bionematicides. In addition increasing the use of micro-organisms in crops offers nutrients to crop and growing the crop quality. This further fuels the growth of the market for bionematicides because the consumer would be able to buy chemical-free products and required more organic and natural products. Low level of operation on large pests and short shelf-life along with barriers to the use of bionematicides are the restrictions of this drug.
Bionematicides are the biopesticides that deal with nematode infection treatment of the crops. Such bionematicides are environmentally friendly and do not affect soil fertility and the quality of different crops. Bionematicides are commonly used to grow the top-quality crop in the agriculture industry. Bionematicides are produced primarily by various microorganisms such as bacteria, fungus, and other inert materials.
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Global bionematicides market is expected to reach USD 340.1 million by 2027 growing at a growth rate of 17.4% in the forecast period of 2020 to 2027. Increasing implementation of bioinsecticides to provide better opportunities to the manufacturers, as bioinsecticides provides protection to the crops and soil without compromising the fertility of soil and quality of crops. The increasing usage of bioinsecticides to grow more healthy crops is acting as an opportunity for the market.
Competitive Landscape and bionematicides Market Share Analysis
Bionematicides market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to bionematicides market.
The major players covered in the bionematicides report are Bayer AG,, Monsanto Company, Syngenta AG , BASF SE , Dow AgroSciences LLC , FMC Corporation., Valent BioSciences LLC, Marrone Bio Innovations., , Syngenta, Certis USA L.L.C., , T.STANES & COMPANY LIMITED,among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
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Bionematicides Market Country Level Analysis
Bionematicides market is analyses and market size, volume information is provided by country, type, crop type, form, mode of application and infestation as referenced above.
The countries covered in the bionematicides market report are U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa.
North America dominates the bionematicides market because of growing the latest technology in agriculture field and also elimination the chemical fertilize in crops in the forecast period of 2020-2027.
Global Bionematicides Market Scope and Market Size
Bionematicides market is segmented on the basis of type, crop type, form, mode of application and infestation. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of type, the bionematicides market is segmented into microbials and biochemicals.
Based on the crop type, the bionematicides market is segmented into cereals & grains, oilseeds & pulses, and fruits & vegetables.
Based on the form, the bionematicides market is segmented into dry and liquid.
Based on the mode of application, the bionematicides market is segmented into seed treatment, soil treatment, foliar spray and others
Based on the infestation, the bionematicides market is segmented into root-knot nematodes, cyst nematodes, lesion nematodes and others
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Global Biopesticides Market to Reach US$ 10.19 Bn by 2026; Increase in Demand for Bio-based Products to Drive Market
The global biopesticides market is anticipated to reach USD 10.19 Billion by 2026, as against USD 3.36 Billion in 2018. As per the Research Institute of Organic Agriculture, around 50.9 million hectares of land used for agriculture was under organic farm practices in 2015 and exhibited a CAGR of 7.4% between 2010 and 2015. Increasing land under organic farming is expected to fuel demand for biopesticide products in the forecast years. The demand for biopesticides is likely to outpace synthetic chemical pesticides in the forecast years. This is primarily owing to the benefits offered by these products while protecting crops from diseases and pests. Other advantages offered by biopesticides include residual management, biodegradability, and product development. These advantages are expected to drive the growth of the market in the years to come.
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Some major points from Table of Content:
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Overview on Agrochmicals Use Trend – For Key Countries
4.2.Supply Chain Analysis
4.3. Recent Industry Developments - Mergers & Acquisitions and New Product Launches
4.4. Biopesticides Patent Analysis
5. Global Biopesticides Market Analysis, Insights and Forecast, 2014-2025
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast – By Type
5.2.1. Biofungicides
5.2.2. Bioinsecticides
5.2.3. Bionematicides
5.2.4.Others
5.3. Market Analysis, Insights and Forecast – By Source
5.3.1. Microbials
5.3.1.1.Bacteria
5.3.1.2.Fungi
5.3.1.3.Others
5.3.2.Biochemicals
5.3.2.1. Semiochemicals
5.3.2.2. Plant Extracts
5.3.2.3.Others
5.4. Market Analysis, Insights and Forecast – By Mode of Application
5.4.1. Foliar Spray
5.4.2. Soil Application
5.4.3. Seed Treatment
5.4.4. Others
5.5. Market Analysis, Insights and Forecast – By Crop
5.5.1. Cereals
5.5.2. Oilseeds
5.5.3. Fruits & Vegetables
5.5.4. Others
5.6. Market Analysis, Insights and Forecast – By Geography
5.6.1.North America
5.6.2.Europe
5.6.3.Asia Pacific
5.6.4.South America
5.6.5.Middle East & Africa
6. North America Biopesticides Market Analysis, Insights and Forecast, 2014-2025
6.1. Key Findings / Summary
6.2. Market Analysis, Insights and Forecast – By Type
6.2.1. Biofungicides
6.2.2. Bioinsecticides
6.2.3. Bionematicides
6.2.4.Others
6.3. Market Analysis, Insights and Forecast – By Source
6.3.1. Microbials
6.3.1.1.Bacteria
6.3.1.2.Fungi
6.3.1.3.Others
6.3.2.Biochemicals
6.3.2.1. Semiochemicals
6.3.2.2. Plant Extracts
6.3.2.3. Others
6.4. Market Analysis, Insights and Forecast – By Mode of Application
6.4.1. Foliar Spray
6.4.2. Soil Application
6.4.3. Seed Treatment
6.4.4. Others
6.5. Market Analysis, Insights and Forecast – By Crop
6.5.1. Cereals
6.5.2. Oilseeds
6.5.3. Fruits & Vegetables
6.5.4. Others
6.6. Market Analysis, Insights and Forecast – By Country
6.6.1.U.S.
6.6.2.Canada
6.6.3.Mexico
7. Europe Biopesticides Market Analysis, Insights and Forecast, 2014-2025
7.1. Key Findings / Summary
7.2. Market Analysis, Insights and Forecast – By Type
7.2.1. Biofungicides
7.2.2. Bioinsecticides
7.2.3. Bionematicides
7.2.4.Others
7.3. Market Analysis, Insights and Forecast – By Source
7.3.1. Microbials
7.3.1.1.Bacteria
7.3.1.2.Fungi
7.3.1.3.Others
7.3.2.Biochemicals
7.3.2.1.Semiochemicals
7.3.2.2.Plant Extracts
7.3.2.3.Others
7.4. Market Analysis, Insights and Forecast – By Mode of Application
7.4.1.Foliar Spray
7.4.2.Soil Application
7.4.3.Seed Treatment
7.4.4.Others
7.5. Market Analysis, Insights and Forecast – By Crop
7.5.1.Cereals
7.5.2.Oilseeds
7.5.3.Fruits & Vegetables
7.5.4.Others
7.6. Market Analysis, Insights and Forecast – By Country
7.6.1.Germany
7.6.2.France
7.6.3.Italy
7.6.4.Spain
7.6.5.U.K.
7.6.6.Russia
7.6.7.Rest of Europe
8. Asia Pacific Biopesticides Market Analysis, Insights and Forecast, 2014-2025
8.1. Key Findings / Summary
8.2. Market Analysis, Insights and Forecast – By Type
8.2.1.Biofungicides
8.2.2.Bioinsecticides
8.2.3.Bionematicides
8.2.4.Others
8.3. Market Analysis, Insights and Forecast – By Source
8.3.1.Microbials
8.3.1.1.Bacteria
8.3.1.2.Fungi
8.3.1.3.Others
8.3.2.Biochemicals
8.3.2.1.Semiochemicals
8.3.2.2.Plant Extracts
8.3.2.3.Others
8.4. Market Analysis, Insights and Forecast – By Mode of Application
8.4.1.Foliar Spray
8.4.2.Soil Application
8.4.3.Seed Treatment
8.4.4.Others
8.5. Market Analysis, Insights and Forecast – By Crop
8.5.1.Cereals
8.5.2.Oilseeds
8.5.3.Fruits & Vegetables
8.5.4.Others
8.6. Market Analysis, Insights and Forecast – By Country
8.6.1.China
8.6.2.India
8.6.3.Japan
8.6.4.Australia
8.6.5.Thailand
8.6.6.Malaysia
8.6.7.Vietnam
8.6.8.Rest of Asia Pacific
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#Biopesticides#Biopesticides Market#Biopesticides Industry#Biopesticides Market Size#Biopesticides Market Share#Biopesticides Market 2026
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PHI Group Partners with Vietnamese Bio- Organic Fertilizer Producer
New York, Jan. 11, 2018 (GLOBE NEWSWIRE) -- PHI Group, Inc., (www.phiglobal.com) (OTCQB: PHIL), a company focused on mergers and acquisitions and investments in natural resources, energy, agriculture and special situations, announced today that it has signed a Memorandum of Understanding ("MOU") with Vietnam Green Agriculture Company, Ltd. ("VinaXanh") to cooperate in the manufacture and sale of bio-organic fertilizer products developed by VinaXanh, both in Vietnam and in international markets.
VinaXanh has successfully formulated and tested proprietary bio-organic fertilizer and obtained the required governmental licenses to produce about half a dozen products using amino acids, peptides, fulvic acid, organic chelates, and other organic ingredients. VinaXanh fertilizer products have been effectively applied to numerous plants and crops in Vietnam, including black pepper, coffee, orange, lime, tangerine, grapefruit, jackfruit, dragon fruit, red pepper, tea, rice, etc. and have been granted fifteen different awards for excellence from 2015 to 2017. VinaXanh fertilizer has shown to be especially potent in combatting the deadly greening disease, which reportedly infected 80 percent of citrus trees in Florida in 2016 and made a huge dent in the state's $10.7 billion citrus industry.
PHI Group intends to work with VinaXanh to boost the production and sale of these bio-organic fertilizer products in Vietnam and also integrate certain applicable aspects of VinaXanh's methodologies into Abundant Farms, Inc.'s organic fertilizer program in the U.S. and Romania. In addition, the Company plans to incorporate the special water treatment system by PHI EZ Water Tech, Inc., a subsidiary of PHI Group, (www.phiezwater.com) with VinaXanh's products to optimize plant health and crop yields for farmers in Vietnam.
On another note, Lam T. Duong, Chief Technology Officer of Abundant Farms, Inc. (also a subsidiary of PHI Group, Inc.) has successfully developed and produced bio-organic fertilizers by incorporating certain live microorganisms such as beneficial bacteria, resistant fungus, bionematicide fungi, and micronutrient-rich organic ingredients to increase plant's abilities to resist adverse conditions for all crops to improve soil nutrients, environment, crop yields and quality of products.
About PHI Group
PHI Group (www.phiglobal.com) primarily focuses on mergers and acquisitions and invests in select industries and special situations that may substantially enhance shareholder value. PHI Group also provides M&A and consulting services through its wholly owned subsidiary, PHI Capital Holdings, Inc. (www.phicapitalholdings.com)
About Abundant Farms
Abundant Farms is engaged in organic farming activity and grows select crops and medicinal plants that potentially command superior return on investment. It also plans to produce proprietary bio-organic fertilizer and provide special water treatment systems by PHI EZ Water Tech for its own organic farming program and for sale to farmers worldwide.
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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.
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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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Sustainable Growth Opportunities in the Nematicides Market
The report "Nematicides Market by Type (Fumigants, Carbamates, Organophosphates, Bionematicides), Mode of Application (Fumigation, Drenching, Soil Dressing, Seed Treatment), Nematode Type (Root Knot, Cyst), Crop Type, Form, and Region - Global Forecast to 2025", size is estimated to be valued at USD 1.3 billion in 2020 and is expected to reach a value of USD 1.6 billion by 2025, growing at a CAGR of 3.4% during the forecast period. Factors such as the growing demand for biological products and increasing number of product launches catering to the requirement of crop-specific nematodes drive the growth of the market.
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COVID-19 impact on Nematicides market
The nematicides market includes major Tier I and II suppliers like Syngenta AG, Bayer AG, BASF SE, UPL Ltd,FMC Corporation, Marrone Bio Innovations and Isagro S.p.A. These suppliers have their manufacturing facilities spread across various countries across Asia Pacific, Europe, North America, South America, and RoW. COVID-19 has impacted their businesses upto some extent. Though this pandemic situation has impacted their businesses, there is no significant impact on the global operations and supply chain of their nematicides. Multiple manufacturing facilities of players are still in operation.
Driver: Strong demand for high-value crops
High-value agricultural products are generally defined as agricultural products with a high economic value per kilogram (or pound), per hectare, or per calorie, which includes fruits, vegetables, meat, eggs, milk, and fishes. The key factors driving the demand for high-value crops (fruits, vegetables, and plantation crops) are the rise in the income of consumers, rapid urbanization, and the increase in awareness about health benefits associated with fruits & vegetables. Besides, an increase in foreign direct investment (FDI) has led to a surge in the production of high-value crops. The demand for nematodes is mostly found in high-value crops, such as pome fruits, grapes, cotton, tomato, maize, cotton, and other vegetable and ornamental crops, as they improve the crop quality and yield.
Constraint: Pesticide residue problems
One key restraint in the crop protection chemicals market is the pesticide residue problem due to the non-judicious use of pesticides by the farmers. Pesticide residue problems are highly found in the crops grown in developing or under-developed countries. Countries such as Vietnam, Ghana, and the Philippines are known for such low-quality crop production, affected by pesticide residues. Though intensive farming is inevitable without the use of pesticides, farmers in developing countries tend to use excess pesticides, which then damage the crops. Thus, improper use and illegal import-export of pesticides, and lack of proper government regulations have resulted in pesticide residue issues and excessive application of toxic pesticides, thereby hindering the growth of the crop protection chemicals market.
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North America to be the largest market for nematicides during the forecast period.
The region is a host to some of the major players in the nematicides market such as BASF SE (Germany), Bayer AG (Germany), Syngenta (Switzerland), and Nufarm Ltd (Australia) who actively invest on new product launches that would cater to nematode attacks on field crops such as soybean, corn, and cotton which are majorly produced in countries such as the US and Mexico. The acreage which is being brought under field crops is growing due to increased international and domestic demand for these field crops. The adoption of genetically modified seeds has also increased the cases of nematode infestation on crops such as soybean and corn, thereby driving growth in the market.
Key Market Players:
Some of the major players operating in the market include Bayer AG (Germany), Syngenta Crop Protection AG (Switzerland), Corteva Agriscience (US), BASF SE (Germany), Adama Agricultural Solutions Ltd (Israel), FMC Corporation (US), Nufarm (Australia), UPL Limited (India), Isagro Group (Italy), Valent USA (US), Chr. Hansen (Denmark), Certis USA LLC (US), Marrone Bio Innovations (US), American Vanguard Corporation (US), Crop IQ Technology (UK), Real IPM Kenya (Kenya), Horizon Group (India), Agri Life (India), Crop IQ Technology Ltd (UK), and T. Stanes & Company Limited (India).
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Nematicides Market Will Hit Big Revenues In Future
The report "Nematicides Market by Type (Fumigants, Carbamates, Organophosphates, Bionematicides), Mode of Application (Fumigation, Drenching, Soil Dressing, Seed Treatment), Nematode Type (Root Knot, Cyst), Crop Type, Form, and Region - Global Forecast to 2025", size is estimated to be valued at USD 1.3 billion in 2020 and is expected to reach a value of USD 1.6 billion by 2025, growing at a CAGR of 3.4% during the forecast period. Factors such as the growing demand for biological products and increasing number of product launches catering to the requirement of crop-specific nematodes drive the growth of the market.
COVID-19 impact on Nematicides market
The nematicides market includes major Tier I and II suppliers like Syngenta AG, Bayer AG, BASF SE, UPL Ltd,FMC Corporation, Marrone Bio Innovations and Isagro S.p.A. These suppliers have their manufacturing facilities spread across various countries across Asia Pacific, Europe, North America, South America, and RoW. COVID-19 has impacted their businesses upto some extent. Though this pandemic situation has impacted their businesses, there is no significant impact on the global operations and supply chain of their nematicides. Multiple manufacturing facilities of players are still in operation.
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Driver: Strong demand for high-value crops
High-value agricultural products are generally defined as agricultural products with a high economic value per kilogram (or pound), per hectare, or per calorie, which includes fruits, vegetables, meat, eggs, milk, and fishes. The key factors driving the demand for high-value crops (fruits, vegetables, and plantation crops) are the rise in the income of consumers, rapid urbanization, and the increase in awareness about health benefits associated with fruits & vegetables. Besides, an increase in foreign direct investment (FDI) has led to a surge in the production of high-value crops. The demand for nematodes is mostly found in high-value crops, such as pome fruits, grapes, cotton, tomato, maize, cotton, and other vegetable and ornamental crops, as they improve the crop quality and yield.
Constraint: Pesticide residue problems
One key restraint in the crop protection chemicals market is the pesticide residue problem due to the non-judicious use of pesticides by the farmers. Pesticide residue problems are highly found in the crops grown in developing or under-developed countries. Countries such as Vietnam, Ghana, and the Philippines are known for such low-quality crop production, affected by pesticide residues. Though intensive farming is inevitable without the use of pesticides, farmers in developing countries tend to use excess pesticides, which then damage the crops. Thus, improper use and illegal import-export of pesticides, and lack of proper government regulations have resulted in pesticide residue issues and excessive application of toxic pesticides, thereby hindering the growth of the crop protection chemicals market.
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Asia Pacific is projected to grow at the highest CAGR during the forecast period
The market for nematicides is projected to grow at the highest CAGR in the Asia Pacific region owing to the growing nematode infestation in vegetables such as tomatoes, potatoes, carrots, peas, and cauliflower in the major vegetable-growing countries such as China and India. The regulatory scenario in the Asia Pacific region is comparatively more favorable for the launch of nematicides as compared to that of Europe and North America. There is also growing awareness among farmers about the use of bionematicides since the market for organic farming, and sustainable agriculture is growing with more consumers demanding organic fruits & vegetables.
This report includes a study on the marketing and development strategies, along with a study on the product portfolios of the leading companies operating in the nematicides market. It consists of the profiles of leading companies such as Bayer AG (Germany), Syngenta Crop Protection AG (Switzerland), Corteva Agriscience (US), BASF SE (Germany), Adama Agricultural Solutions Ltd (Israel), FMC Corporation (US), Nufarm (Australia), UPL Limited (India), Isagro Group (Italy), Valent USA (US), Chr. Hansen (Denmark), Certis USA LLC (US), Marrone Bio Innovations (US), American Vanguard Corporation (US), Crop IQ Technology (UK), Real IPM Kenya (Kenya), Horizon Group (India), Agri Life (India), and T. Stanes & Company Limited (India).
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