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Rising Greenhouse Farming To Boost Bionematicides Market Growth: The Driving Engine Behind Bionematicides Market Evolution in 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Bionematicides Market Size Growth Forecast: What to Expect by 2025?
In the last few years, the bionematicides market has seen swift expansion, and it's predicted to increase from $0.47 billion in 2024 to $0.54 billion in 2025, with a compound annual growth rate (CAGR) of 13.3%. The historic growth can be attributed to various factors such as growing consciousness about chemical pesticides' environmental impact, leading to a shift towards biological alternatives. Other factors include the development in microbial technology, enhancing the production of effective bionematicides, regulatory pressures and bans on specific chemical nematicides, which have facilitated the market's growth for biological replacements, and the escalating consumer demand for organic produce.
How Will the Bionematicides Market Size Evolve and Grow by 2029?
In the coming years, the bionematicides market is predicted to experience a rapid expansion, reaching $0.88 billion by 2029 with a composite annual growth rate (CAGR) of 13.2%. The growth during the forecast period is believed to be due to a surge in sustainable farming methods, growth of commercial farming in developing markets leading to increased usage of biological solutions, partnerships among biotech firms and farming establishments, incorporation of biocontrol factors in crop safety strategies, and an intensified emphasis on soil health and microbiome maintenance. Major trends projected during the forecast period include an increase in demand for eco-friendly solutions, inspiring significant advancements in bio-based formulas, integration of biotech, a rise in the adoption of preventive plans for managing nematodes, and maintaining agricultural sustainability.
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What Drivers Are Propelling the Growth of Bionematicides Market Forward?
The expected surge in the bionematicides market is attributed to the growing uptake of greenhouse farming. This manner of agriculture involving the cultivation of crops in structures offering full or partial transparency is gaining popularity due to its capacity to boost crop yields and allow for constant production regardless of external weather conditions. Bionematicides provide a means to control plant-parasitic nematodes (PPNs) in greenhouse agriculture, offering an eco-friendly substitute to harmful chemical nematicides. For example, the Agriculture and Agri-Food Canada which regulates agriculture, reported in October 2023 that the country had 934 active commercial greenhouse vegetable operations which produced 752,685 metric tons of vegetables in 2022 - an increase of 5% in operations and 7% in production compared to 2021. Consequently, the anticipated rise in greenhouse farming adoption is predicted to fuel the bionematicides market growth.
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What Long-Term Trends Will Define the Future of the Bionematicides Market?
Leading corporates in the bionematicides market are spearheading the development of unique products such as plant-parasitic nematicide, intended to offer superior benefits to consumers. The product, a specialized pesticide, is devised to combat plant-parasitic nematodes - minuscule roundworms that invade plants, leading to substantial crop damage. As a case in point, Corteva Inc., an American firm specializing in agricultural chemicals, introduced Reklemel Active in September 2023. This innovative nematicide aims to shield a broad range of food and row crops from the detrimental effects of plant-parasitic nematodes, without interfering with the ecological equilibrium of helpful organisms in the soil. Marking a milestone, it's among the inaugural active ingredients to have received authorization under the revamped EPA policies, inclusive of considerations for the Endangered Species Act in the pesticide approval mechanism.
What Are the Key Segments in the Bionematicides Market?
The bionematicides market covered in this report is segmented -
1) By Type: Microbials, Biochemical
2) By Form: Dry Bionematicides, Liquid Bionematicides
3) By Crop: Cotton, Corn, Soybean, Fruits And Vegetables, Other Crops
4) By Application: Foliar Spray, Soil Treatment, Seed Treatment, Others Applications
Subsegments:
1) By Microbials: Bacteria-Based, Fungi-Based, Actinomycetes-Based, Virus-Based, Protozoa-Based
2) By Biochemical: Natural Plant Extracts, Organic Acids, Biochemical Enzymes, Phytoalexins, Other Biochemical Compounds
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Who Are the Key Players Shaping the Bionematicides Market's Competitive Landscape?
Major companies operating in the bionematicides market are BASF SE, Bayer AG, Syngenta AG, Corteva Agriscience, UPL Limited, FMC Corporation, Adama Agricultural Solutions Ltd., Novozymes A/S, Nufarm Limited, Chr. Hansen Holding A/S, Brandt, Isagro S.p.A., Koppert Biological Systems, T. Stanes and Company Limited, Certis USA LLC, Valent BioSciences Corporation, Marrone Bio Innovations Inc., The Real IPM Company, Andermatt Biocontrol AG, Bioworks Inc., Bio Huma Netics Inc., Horizon Agrotech
What Geographic Markets Are Powering Growth in the Bionematicides Market?
North America was the largest region in the bionematicides market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the bionematicides market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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