Bionematicides Market Research Report, Trends, Analysis and Forecast to 2026

Bionematicides are the biopesticides which are used for treating the crops from nematode infection. These products are eco-friendly in nature and do not harm the fertility of the soil and quality of the different crops. Bionematicides are extensively used in the agriculture industry to produce the premium quality crops. These are mainly produced by different microorganisms such as fungus, bacteria, and other inert materials. Bionematicides are available in both forms dry and liquid and can be used at each stage of the lifecycle of plants. It works best when used during the pre-plantation stage. Bionematicides are the eco-friendly fertilizers which are considered to be the better option to protect the crops than other chemical fertilizer. Unlike the chemical, fertilizer bionematicides offers organic nutrient and does not pollute the soil. 

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Bionematicides consists of the microorganism which generates more organic nutrients as well as increases the fertility of the soil. As the organic and high quality crop production is growing, the utilization of bionematicides is increasing. Bionematicides are referred to as bio pesticides which are intended for controlling and treating nematode infestation in agricultural crops. These types of pesticides include microorganisms such as fungus and bacteria. Furthermore, bio fertilizers are extracted from renewable resources such as plant and animal extracts and are also low in cost. The application of bionematicides starts from the pre-plantation stage for it to work better. Bionematicides are bio based nematicides which protect crops from insects, fungus and nematodes. These products are widely used in agriculture to yield high quantity and superior quality crops. The primary function of bionematicide is to avoid crops from spoilage and assist its growth. It has many advantages over the conventional nematicides and is extensively used in modern agriculture to prevent both crop and environment. Cotton, fruits, and vegetables are the leading application segments which boost the growth of bionematicides market worldwide. The “Global Bionematicides Market” is accounted for $15.96 million in 2017 and is expected to reach $254.28 million by 2026 growing at a CAGR of 5.4% during the forecast period.

Bionematicides provides environment friendly fortification to the crops and soil without compromising the fertility of soil and quality of crops, therefore utilization of bionematicides may get enhanced in future which will provide the better opportunities to the manufacturers of bionematicides to have a potential growth in bionematicides market. Furthermore, crop production is increasing in most of the developing countries which can further develop the growth for the market participants of bionematicides. The growth of the global bionematicides market is likely to be supported by vigorous industrialization leading to reduction in the fertility of the agricultural lands. Moreover, high invasion of nematodes in crops and their increasing resistance to the traditional methods is further expected to fuel the demand for bionematicides over the coming years. 

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Stringent  rules and regulations introduced by governments pertaining to the harmful effects of chemical nematicides on the environment and loss of yield are factors triggering the adoption of bionematicides. With the global population growing exponentially, the demand for food is expected to gain momentum. As a result of this, the need for effective land and high yielding fertilizer, seed and crop management is also expected to increase, thus benefitting the market in return. The applications of bionematicides are likely to expand owing to its environment friendly nature.

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North America is dominating the global bionematicides market with highest market share during the forecast period owing to the technological advancement in the agriculture sector and elimination of chemical fertilizer. The market in North American region is also likely to grow considerably which can be attributed to the growing acceptance of bionematicides. Implementation of novel agricultural techniques in countries like US and Canada support market growth of North America. The United States bionematicides market is primarily driven by increasing biopesticide acceptance over chemical pesticides. For instance, the Department of Environmental Toxicology (U.S.) lays emphasis on biopesticides as a viable solution to crop protection and this is likely to help boost bionematicide sales in the region. Moreover, growing popularity of agriculture biotechnology such as application of microbe-based pest control and yield enhancers, particularly in the U.S will drive growth. Also, corn and fruits & vegetables are major crop for the regional industry growth. The U.S has major corn processing companies which may further boost the market growth.

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