Bionematicides Market Projected to be Resilient During 2030Posted by Aparna P on September 23rd, 2022  Bionematicides are referred to as bio pesticides which are employed for controlling and treating nematode infestation in agricultural crops. These type of pesticides comprise 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. The bionematicides market is chiefly influenced by robust industrialization which results in the decline of availability of fertile land for agriculture.
The agriculture sector is highly affected by leading industry players focusing on the use of organic and biological methods employing bio fertilizers in order to improve the crop yield, thus avoiding chemical fertilizers. Moreover, the excessive use of chemical fertilizers, contaminate the soil thus resulting in soil pollution. The market will be thus driven by the rising use of microorganisms in order to manufacture organic nutrients to enhance the soil fertility.
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Region-wise, the global market for bionematicides can segmented into North America, Asia Pacific, Europe, and the Rest of the World. Asia Pacific is expected to witness strong growth over the coming years owing to factors such as environmental concerns, climate change, sustainability, affordability, demographic shifts, overpopulation, and robust industrialization. The market in North America is also likely to significantly expand owing to the growing acceptance of bionematicides.
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