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Bionematicides Market Analysis

  • Report ID: GMI783
  • Published Date: Aug 2024
  • Report Format: PDF

Bionematicides Market Analysis

The fruits and vegetables crop segment in the market is projected to experience substantial growth through 2032, with an expected market size reaching USD 85.4 million. This expansion is driven by increasing demand for sustainable and eco-friendly pest management solutions in the agriculture sector. The adoption of bionematicides in fruits and vegetables is fuelled by their effectiveness in controlling nematode infestations while minimizing environmental impact.
 

As growers seek innovative methods to enhance crop health and yield, the bionematicides industry is poised for significant advancement, reflecting a broader trend towards integrated pest management and sustainable agricultural practices. Bionematicides contribute to maintaining the health of fruits and vegetables crops by controlling nematode populations, leading to improved yield quality and quantity. Increasing awareness about sustainable agricultural practices and environmental concerns is driving demand for bionematicides, particularly in these key crop categories. Regulatory support and policies favoring bio-based solutions further propel market growth, encouraging adoption among farmers globally.
 

Asia Pacific Bionematicides Market Size, 2021 - 2032 (USD Million)

Asia-Pacific bionematicides market size is poised to witness 4.3% CAGR during the forecast period. Increased awareness of sustainable agricultural practices and environmental concerns has fueled the demand for bionematicides. The region's diverse and extensive agriculture, including major crops like rice and vegetables, has favored the adoption of nematode management solutions. Government initiatives promoting organic farming further boost the product usage. The rising need for effective, eco-friendly pest control solutions in the agriculture sector will continue to create lucrative opportunities for the industry players in the APAC region.

Authors: Kunal Ahuja, Manish Verma

Frequently Asked Questions (FAQ) :

Global market size for bionematicides reached USD 199.9 million in 2023 and will grow at 4.3% CAGR from 2024 to 2032, due to increasing awareness and the strong demand for sustainable agricultural practices.

The cotton crop segment in the bionematicides market is anticipated to grow at a rapid pace through 2032, owing to the benefits like crop health & yield improvement.

Asia-Pacific market size is poised to witness 4.3% CAGR through 2032, driven by increased awareness of sustainable agricultural practices.

Valent Biosciences, Cortava Agriscience, Andermatt Biocontrol AG, T. Stanes & Company Limited, Protection AG, FMC Corporation, and Nufarm among others.

Bionematicides Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 12
  • Tables & Figures: 172
  • Countries covered: 24
  • Pages: 200
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