The Asia pacific Bionematicides Market was worth USD 49.34 million in 2021 and estimated to be growing at a CAGR of 18%, to reach USD 99.85 million by 2026. Bionematicides are being utilized to prevent or treat crop infestation by nematodes.
Bionematicides are bio-based nematicides which protects crops from fungus, insects, and nematodes. Dissimilar to routine nematicides, these bionematicides are eco-friendly and don't represent any risk to the fertility of soil and nature of the crop. Bionematicides are generally utilized as a part of farming to yield high amount and predominant quality crops.
Asia pacific Bionematicides Market Drivers:
The stringent ecological regulations by government organizations in the utilization of chemical nematicides is expected to further increase in the demand for bionematicides. Chemical nematicides are being utilized for the past numerous years now; However, they are experiencing a designed phase out because of their poisonous quality and unfriendly effect on the earth. This reality is expected to help the interest for bionematicides sooner rather than later. Due to the increasing population in India and China, the Asia-Pacific region experiencing fastest growth with substantial growth rate. There is high demand for vegetables and fruits will drive market growth for Asia-Pacific region.
Asia pacific Bionematicides Market – By Crop Type:
fruits and vegetables that incorporate leafy vegetables
Asia pacific Bionematicides Market – By Mode of Application:
Asia pacific Bionematicides Market – By Infestation:
Asia pacific Bionematicides Market – By Type:
On the basis of geography, the Asia-Pacific market is analysed under various regions namely Japan, China, Australia, India and South Korea.
Major Key Players:
Some of the major companies dominating the bionematicides market, by their products and services include Bayer CropScience AG, Monsanto Company, BASF SE, Certis USA L.L.C, Syngenta AG, FMC Corporation, Dow AgroSciences LLC, Valent BioSciences Corporation and Marrone Bio Innovations, Inc.
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