Report Description
Bionematicides is a formulation of bacterial and fungal spores to control crop infestation by nematodes. Nematodes infect almost all the crops sown across the globe, thereby affecting the crop yield. The biological method of controlling nematodes is advantageous as they do not affect the environment by remaining in the soil for a long time. Bionematicides are available in liquid and powder form to be used for soil application and drip irrigation.
This report covers the estimates and forecast of the bionematicides market on a global, regional, and country level. The report includes an estimation of the demand for bionematicides in 2014 and forecast for the period from 2015 to 2023 in terms of volume (Kilograms) and revenue (US$ Thousand) for markets on the country, regional, and global basis.
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Scope
North America dominated the global bionematicides market with a share of more than 30% in 2014. The region is likely to continue its dominance in the next few years. North America was followed by Europe and Asia Pacific in terms of the demand for bionematicides in 2014. Asia Pacific is projected to be the fastest growing region in the near future, led by the rising adoption of biopesticides and organic agriculture in the emerging economies of India and China. Latin America held a significant share of the global bionematicides market in 2015. However, the region is expected to grow at a moderate rate in the next few years. The Middle East & Africa are expected to exhibit a moderate to sluggish growth rate during the forecast period.
Key Players
Key players in the bionematicides market include Bayer CropScience AG, BASF SE, Monsanto Company, Syngenta AG, Novozymes, Certis USA LLC, Dow AgroSciences LLC, FMC Corporation, Marrone Bio Innovations, Inc., and Valent BioSciences Corporation.
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