Agriculture & Forestry Industry Market News

Research details developments in the Latin American bionematicides market forecast to 2021

Agriculture Market Research

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.

According to the report Latin America Bionematicides market, published by Market Data Forecast, the Market was worth USD 18.14 million in 2016 and estimated to be growing at a CAGR of 16%, to reach USD 38.11 million by 2021.

It is accessible in fluid and powder form. The upsides of bionematicides incorporate no resistance advancement, no resurgence and no residues.

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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.

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The Latin America Bionematicides market is segmented on the basis of Type, Crop type, Mode of application, Form and Infestation. Based on the crop type, market is segmented into fruits and vegetables that incorporate leafy vegetables, tomato pepper and different fruits and vegetables (including banana, potato, citrus, and so forth.); corn, soybean, cotton and others (including oil crops, pulses, cereals, and so forth).

Based on Mode of Application, market is further segmented into Seed treatment, Soil treatment, Foliar spray and Others. Based on Infestation, market is segmented into (Root-Knot Nematodes, Cyst Nematodes, Lesion Nematodes and Others.

Based on Type, market is segmented into Microbials & Biochemicals. On the basis of geography, the Europe market is analysed under various regions namely Brazil, Argentina, and Mexico.

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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.,

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