Global Bionematicides Market Overview
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. 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.
COVID-19 Impact Analysis of Bionematicides Market
COVID-19 is an unmatched global public health emergency that has affected almost all industry, and the long-term effects are projected to impact the industry growth over projected period.
Market Dynamics and Factors:
Drivers:
Rising the usage of microorganism in crops is offering the organic nutrients to the crops and the quality of the crops is growing, which is further stimulating the growth of the bionematicides market. In addition, growing consumer demand for chemical free products and urging more organic and natural products, bionematicides use in crops may fulfill the demand for fresh and organic vegetables.
The agriculture industry is highly affected by the rising industrialization and supplementary affects soil fertility and crop productivity from which the use of bionematicides increases to protect crops and suggest potential growth for the demand for bionematicides. Moreover, rising the use of micro-organisms in crops offers nutrients to crop and growing the crop quality which leads the growth of the market during forecast period.
Furthermore, high invasion of nematodes in crops and their increasing resistance to the conventional methods is further anticipated to boost the demand for bionematicides over forecast period. Additionally, strict regulations imposed by governments concerns to the unfavorable impact of chemical nematicides on the environment and loss of yield are key factors stimulating the adoption of bionematicides.
Restraints:
The lack of awareness of the bionematicides and their efficiency. In addition, due to highly competitive rivalry various key players offering environment friendly solutions to the crops which are major key factors hampering the market growth during forecast period.
Opportunities:
Bionematicide’s market is urging for various innovation in product in order to their crop resistance, high yield and soil productivity which is expected to growth in upcoming years.
Market Segmentation
Regional Analysis:
North America region is dominating the global bionematicides market with major market share during the forecast period, owing to elimination of inorganic agrochemicals and technological innovations in agriculture industry. North America served 30% of the urging in the global bionematicides market, especially demand in developed countries such as U.S. and Canada. The result of high demand for bionematicides over chemical nematicides, and gaining popularity for agriculture biotechnology leads to market growth.
In Europe, growing organic based product and agricultural bio-based chemicals with respect to environment friendly which leads to growth in bionematicide market.
Asia Pacific is displaying the high development rate during the forecast period in global bionematicides market owing to growing agricultural activity by the agricultural companies as well as government, largest arable agricultural land, high population and government assistance with respect to various schemes and financial subsidies which helps to growth of the market.
The key crops cultivated in the Latin America region are soyabean, sugarcane, rice, coffee among others and nematode are mostly infested for these crops which leads to growth of the market for bionematicides. Brazil is the dominating the country in this region.
In Middle East and Africa, high level of yield infestation by nematodes is factor responsible growth for bionematicide market. However, strict environmental regulation by the government and their policies restrings the growth of the market.
Key Industry Developments
In 2016, first EPS registration and new product launch as a bionematicide by the Marron Bio Innovations.
Players Covered in Bionematicides Market are:
- 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.
Global Bionematicides Market |
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Base Year: |
2021 |
Forecast Period: |
2022-2028 |
Historical Data: |
2016 to 2020 |
Market Size in 2021: |
USD 442.08 Mn. |
Forecast Period 2022-28 CAGR: |
17.5% |
Market Size in 2028: |
USD 1366.9 Mn. |
Segments Covered: |
By Crop Type |
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By Application |
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By Form |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Crop Type
3.2 By Application
3.3 By Form
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Bionematicides Market by Crop Type
5.1 Bionematicides Market Overview Snapshot and Growth Engine
5.2 Bionematicides Market Overview
5.3 Cereals
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Cereals: Grographic Segmentation
5.4 Pulses & Oilseeds
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Pulses & Oilseeds: Grographic Segmentation
5.5 Cash Crops
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2016-2028F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Cash Crops: Grographic Segmentation
5.6 Fruits & Vegetables
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size (2016-2028F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Fruits & Vegetables: Grographic Segmentation
5.7 Others
5.7.1 Introduction and Market Overview
5.7.2 Historic and Forecasted Market Size (2016-2028F)
5.7.3 Key Market Trends, Growth Factors and Opportunities
5.7.4 Others: Grographic Segmentation
Chapter 6: Bionematicides Market by Application
6.1 Bionematicides Market Overview Snapshot and Growth Engine
6.2 Bionematicides Market Overview
6.3 Foliar Spray
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2016-2028F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Foliar Spray: Grographic Segmentation
6.4 Seed Treatment
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2016-2028F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Seed Treatment: Grographic Segmentation
6.5 Soil Treatment
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2016-2028F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Soil Treatment: Grographic Segmentation
Chapter 7: Bionematicides Market by Form
7.1 Bionematicides Market Overview Snapshot and Growth Engine
7.2 Bionematicides Market Overview
7.3 Liquid
7.3.1 Introduction and Market Overview
7.3.2 Historic and Forecasted Market Size (2016-2028F)
7.3.3 Key Market Trends, Growth Factors and Opportunities
7.3.4 Liquid: Grographic Segmentation
7.4 Powder
7.4.1 Introduction and Market Overview
7.4.2 Historic and Forecasted Market Size (2016-2028F)
7.4.3 Key Market Trends, Growth Factors and Opportunities
7.4.4 Powder: Grographic Segmentation
Chapter 8: Company Profiles and Competitive Analysis
8.1 Competitive Landscape
8.1.1 Competitive Positioning
8.1.2 Bionematicides Sales and Market Share By Players
8.1.3 Industry BCG Matrix
8.1.4 Ansoff Matrix
8.1.5 Bionematicides Industry Concentration Ratio (CR5 and HHI)
8.1.6 Top 5 Bionematicides Players Market Share
8.1.7 Mergers and Acquisitions
8.1.8 Business Strategies By Top Players
8.2 BAYER CROP SCIENCES AG
8.2.1 Company Overview
8.2.2 Key Executives
8.2.3 Company Snapshot
8.2.4 Operating Business Segments
8.2.5 Product Portfolio
8.2.6 Business Performance
8.2.7 Key Strategic Moves and Recent Developments
8.2.8 SWOT Analysis
8.3 VALENT BIOSCIENCES CORPORATIONS
8.4 BRANDT
8.5 MARRON BIO INNOVATIONS
8.6 AGRI LIFE
8.7 MONSANTO
8.8 THE REAL IPM COMPANY
8.9 BIO HUMA NETICS INC.
8.10 T. STANES AND COMPANY
8.11 SYNGENTA
8.12 CERTIS USA
8.13 DOW AGRO SCIENCES
8.14 HORIZON AGROTECH
8.15 BASF SE
8.16 FMC CORPORATION
8.17 OTHER MAJOR PLAYERS
Chapter 9: Global Bionematicides Market Analysis, Insights and Forecast, 2016-2028
9.1 Market Overview
9.2 Historic and Forecasted Market Size By Crop Type
9.2.1 Cereals
9.2.2 Pulses & Oilseeds
9.2.3 Cash Crops
9.2.4 Fruits & Vegetables
9.2.5 Others
9.3 Historic and Forecasted Market Size By Application
9.3.1 Foliar Spray
9.3.2 Seed Treatment
9.3.3 Soil Treatment
9.4 Historic and Forecasted Market Size By Form
9.4.1 Liquid
9.4.2 Powder
Chapter 10: North America Bionematicides Market Analysis, Insights and Forecast, 2016-2028
10.1 Key Market Trends, Growth Factors and Opportunities
10.2 Impact of Covid-19
10.3 Key Players
10.4 Key Market Trends, Growth Factors and Opportunities
10.4 Historic and Forecasted Market Size By Crop Type
10.4.1 Cereals
10.4.2 Pulses & Oilseeds
10.4.3 Cash Crops
10.4.4 Fruits & Vegetables
10.4.5 Others
10.5 Historic and Forecasted Market Size By Application
10.5.1 Foliar Spray
10.5.2 Seed Treatment
10.5.3 Soil Treatment
10.6 Historic and Forecasted Market Size By Form
10.6.1 Liquid
10.6.2 Powder
10.7 Historic and Forecast Market Size by Country
10.7.1 U.S.
10.7.2 Canada
10.7.3 Mexico
Chapter 11: Europe Bionematicides Market Analysis, Insights and Forecast, 2016-2028
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Crop Type
11.4.1 Cereals
11.4.2 Pulses & Oilseeds
11.4.3 Cash Crops
11.4.4 Fruits & Vegetables
11.4.5 Others
11.5 Historic and Forecasted Market Size By Application
11.5.1 Foliar Spray
11.5.2 Seed Treatment
11.5.3 Soil Treatment
11.6 Historic and Forecasted Market Size By Form
11.6.1 Liquid
11.6.2 Powder
11.7 Historic and Forecast Market Size by Country
11.7.1 Germany
11.7.2 U.K.
11.7.3 France
11.7.4 Italy
11.7.5 Russia
11.7.6 Spain
11.7.7 Rest of Europe
Chapter 12: Asia-Pacific Bionematicides Market Analysis, Insights and Forecast, 2016-2028
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Crop Type
12.4.1 Cereals
12.4.2 Pulses & Oilseeds
12.4.3 Cash Crops
12.4.4 Fruits & Vegetables
12.4.5 Others
12.5 Historic and Forecasted Market Size By Application
12.5.1 Foliar Spray
12.5.2 Seed Treatment
12.5.3 Soil Treatment
12.6 Historic and Forecasted Market Size By Form
12.6.1 Liquid
12.6.2 Powder
12.7 Historic and Forecast Market Size by Country
12.7.1 China
12.7.2 India
12.7.3 Japan
12.7.4 Singapore
12.7.5 Australia
12.7.6 New Zealand
12.7.7 Rest of APAC
Chapter 13: Middle East & Africa Bionematicides Market Analysis, Insights and Forecast, 2016-2028
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Crop Type
13.4.1 Cereals
13.4.2 Pulses & Oilseeds
13.4.3 Cash Crops
13.4.4 Fruits & Vegetables
13.4.5 Others
13.5 Historic and Forecasted Market Size By Application
13.5.1 Foliar Spray
13.5.2 Seed Treatment
13.5.3 Soil Treatment
13.6 Historic and Forecasted Market Size By Form
13.6.1 Liquid
13.6.2 Powder
13.7 Historic and Forecast Market Size by Country
13.7.1 Turkey
13.7.2 Saudi Arabia
13.7.3 Iran
13.7.4 UAE
13.7.5 Africa
13.7.6 Rest of MEA
Chapter 14: South America Bionematicides Market Analysis, Insights and Forecast, 2016-2028
14.1 Key Market Trends, Growth Factors and Opportunities
14.2 Impact of Covid-19
14.3 Key Players
14.4 Key Market Trends, Growth Factors and Opportunities
14.4 Historic and Forecasted Market Size By Crop Type
14.4.1 Cereals
14.4.2 Pulses & Oilseeds
14.4.3 Cash Crops
14.4.4 Fruits & Vegetables
14.4.5 Others
14.5 Historic and Forecasted Market Size By Application
14.5.1 Foliar Spray
14.5.2 Seed Treatment
14.5.3 Soil Treatment
14.6 Historic and Forecasted Market Size By Form
14.6.1 Liquid
14.6.2 Powder
14.7 Historic and Forecast Market Size by Country
14.7.1 Brazil
14.7.2 Argentina
14.7.3 Rest of SA
Chapter 15 Investment Analysis
Chapter 16 Analyst Viewpoint and Conclusion
Global Bionematicides Market |
|||
Base Year: |
2021 |
Forecast Period: |
2022-2028 |
Historical Data: |
2016 to 2020 |
Market Size in 2021: |
USD 442.08 Mn. |
Forecast Period 2022-28 CAGR: |
17.5% |
Market Size in 2028: |
USD 1366.9 Mn. |
Segments Covered: |
By Crop Type |
|
|
By Application |
|
||
By Form |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
|
Frequently Asked Questions :
The forecast period in the Bionematicides Market research report is 2022-2028.
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.
The Bionematicides Market is segmented into crop type, application, form, and region. By Crop Type, the market is categorized into Cereals, Pulses & Oilseeds, Cash Crops, Fruits & Vegetables, and Others. By Application, the market is categorized into Foliar Spray, Seed Treatment, and Soil Treatment. By Form, the market is categorized into Liquid and Powder. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
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.
The Bionematicides Market was valued at USD 442.08 Million in 2021 and is projected to reach USD 1366.9 Million by 2028, growing at a CAGR of 17.5% from 2022 to 2028.