Latin America Bionematicides Market

Latin America Bionematicides Market Size, Growth, Trends and Forecast:

The Latin America Bionematicides Market was worth USD 19.14 million in 2021 and estimated to be growing at a CAGR of 16%, to reach USD 39.11 million by 2026.

Bionematicides, for the most part, contains fungal or bacterial spores and inert material. Spores incorporated into the bionematicide germinate and paralyze the living being in contact with it. It is accessible in fluid and powder form. The upsides of bionematicides incorporate no resistance advancement, no resurgence and no residues.

The increment in agricultural activities and yield production in creating economies is a critical factor fuelling the development of this market. Demand for high quality leafy foods become under biobased nematicides and pesticides is another component to upsurge development of this market. Less availability of bionematicides and utilization of ordinary ad unsafe nematicides by farmers for gigantic profits are significant restrictions of this market.

Latin America Bionematicides Market Segmentation:

Latin America Bionematicides Market – By Crop Type:

• fruits and vegetables that incorporate leafy vegetables

• tomato pepper and different fruits and vegetables (including banana, potato, citrus, and so forth.) corn
• soybean
• cotton and others (including oil crops, pulses, cereals, and so forth)

Latin America Bionematicides Market – By Mode of Application:

• Seed treatment
• Soil treatment
• Foliar spray and Others

Latin America Bionematicides Market – By Infestation:

• (Root-Knot Nematodes, Cyst Nematodes, Lesion Nematodes and Others

Latin America Bionematicides Market – By Type:

• Microbials
• Biochemicals

Geographical Analysis:

On the basis of geography, the Europe market is analysed under various regions namely

• Brazil
• Argentina
• Mexico.

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.