According to a new market report by Lucintel, the future of the bionematicide market looks promising with opportunities in seed treatment, soil treatment, and foliar spray applications. The bionematicide market is expected to grow with a CAGR of 17% from 2019 to 2024. The major growth drivers for this market are high level of crop infestation by nematodes, rapid growth in biocontrol seed treatment solutions, and increased adoption of agricultural biological products.
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In this market, dry and liquid are the major product forms of bionematicides. Bionematicides are majorly used in cereals & grains, oilseeds & pulses, and fruits & vegetables. Fruits and vegetables are expected to remain the largest market over the forecast period due to growing demand for tropical fruits and vegetable in developing countries.
Europe will remain the largest market over the forecast period due to growing acceptance of agriculture microbials and integrated pest management procedure.
Syngenta AG, Monsanto Company, BASF SE, Dow AgroSciences LLC, Marrone Bio Innovations, Inc., T.Stanes & Company Limited, and Valent BioSciences Corporation are among the major manufacturers of bionematicides.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the bionematicide market by mode of application, type, form, crop type, infestation, and region. Lucintel has prepared a comprehensive research report entitled "Bionematicide Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the bionematicide market by mode of application, type, form, crop type, infestation, and region as follows:
By Mode of Application [$M shipment analysis for 2013 – 2024]:
Seed treatment
Soil treatment
Foliar sprays
Others
By Product Type [$M shipment analysis for 2013 – 2024]:
By Form [$M shipment analysis for 2013 – 2024]:
By Crop Type [$M shipment analysis for 2013 – 2024]:
Cereals & grains
Oilseeds & pulses
Fruits & vegetables
Rest of crops (sugarbeet, cotton, and others)
By Infestation [$M shipment analysis for 2013 – 2024]:
Root knot
Cyst nematodes
Lesion nematodes
Others
By Region [$M shipment analysis for 2013 – 2024]:
North America
Europe
Asia Pacific
Rest of the World (RoW)
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/bionematicide-market.aspx or helpdesk@lucintel.com.
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