Latin America bio nematicides market size is expected to reach USD 29.87 million in 2024 and reach USD 62.74 million by 2029, growing at a CAGR of 16% from 2024 to 2029.
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.
On the basis of geography, the Europe market is analyzed under various regions namely
Some of the major companies dominating the bio nematicides 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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