The Asia Pacific bio nematicides market size is expected to reach USD 81.07 million in 2024 and reach USD 185.46 million by 2029, growing at a CAGR of 18% from 2024 to 2029. Bionematicides are being utilized to prevent or treat crop infestation by nematodes.
Bionematicides are bio-based nematicides that protect crops from fungi, insects, and nematodes. Dissimilar to routine nematicides, these bionematicides are eco-friendly and don't represent any risk to the fertility of the soil and the nature of the crop. Bionematicides are generally utilized in farming to yield high amounts of high-quality crops.
The stringent ecological regulations by government organizations in the utilization of chemical nematicides are expected to further increase the demand for bionematicides. Chemical nematicides have been 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 in bionematicides sooner rather than later. Due to the increasing population in India and China, the Asia-Pacific region is experiencing the fastest growth with a substantial growth rate. There is high demand for vegetables and fruits, which will drive market growth for the Asia-Pacific region.
On the basis of geography, the Asia-Pacific market is analysed under various regions namely Japan, China, Australia, India and South Korea.
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.
Related Reports
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2000
Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM
Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]
Reports By Region