Global Bacillus Firmus Bionematicides Market, By Crop Type (Cereals and Grains, Oilseeds and Pulses, and Fruits and Vegetables and Rest of the Crops), Form (Dry and Liquid), Mode of Application (Seed Treatment, Soil Treatment, Foliar Spray and Others), Infestation (Root-Knot Nematodes, Cyst Nematodes, Lesion Nematodes and Others), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights of Bacillus Firmus Bionematicides Market
Data Bridge Market Research analyses that the bacillus firmus bionematicides market will project a compound annual growth rate (CAGR) of 12.50% during the forecast period of 2021-2028. Rising utilization of integrated pest management techniques, increasing growth of the biological control seed treatment solutions and rapidly increasing industry competitiveness are attributable to the growth of bacillus firmus bionematicides market. This means that the bacillus firmus bionematicides market value, which was USD 0.76 billion in 2020 will climb up to USD 1.94 billion by the year 2028.
The bionematicides are nothing but a type of bio pesticides that is used for the infestation of crops. In other words, the bacillus firmus bionematicides are widely accepted by the farmers which assist in controlling moths, mosquito larvae, and butterflies. Available in both dry and liquid forms, the bacillus firmus bionematicides are utilized to eradicate nematodes at all stages of their lifecycle.
Rising awareness regarding the eco-friendly nature of bacillus firmus bionematicides will multiply its demand in the future. Rising demand for non-toxin based pesticides coupled with concerns for the environment is another factor fostering the growth of bacillus firmus bionematicides market. Growth and expansion of the biochemical and bio pesticides industries will also act as an important bacillus firmus bionematicides market growth determinants. Increasing implementation of bioinsecticides to provide better opportunities to the manufacturers coupled with increasing personal disposable income will further create lucrative and remunerative growth opportunities for the bacillus firmus bionematicides market.
However, low adoption rate coupled with low shelf life of the product will pose a major challenge to the bacillus firmus bionematicides market. Lack of appropriate research and development infrastructure in the underdeveloped economies will further create hindrances for the bacillus firmus bionematicides market growth. Slow speed of action against large pests will also act as a bacillus firmus bionematicides market restraint.
This bacillus firmus bionematicides market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on bacillus firmus bionematicides market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Bacillus Firmus Bionematicides Market Scope and Market Size
The bacillus firmus bionematicides market is segmented on the basis of crop type, form, mode of application and infestation. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on the crop type, the bacillus firmus bionematicides market is segmented into cereals and grains, oilseeds and pulses, fruits and vegetables and rest of the crops. Rest of the crops segment is sub-segmented into sugar beet, cotton, and others.
- Based on the form, the bacillus firmus bionematicides market is segmented into dry and liquid.
- Based on the mode of application, the bacillus firmus bionematicides market is segmented into seed treatment, soil treatment, foliar spray and others.
- Based on the infestation, the bacillus firmus bionematicides market is segmented into root-knot nematodes, cyst nematodes, lesion nematodes and others.
Global Bacillus Firmus Bionematicides Market Country Level Analysis
Global bacillus firmus bionematicides market is analyses and market size, volume information is provided by country by crop type, form, mode of application and infestation as referenced above.
The countries covered in the bacillus firmus bionematicides market report are the U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the bacillus firmus bionematicides market and will continue to flourish its dominance during the forecast period owing to the high rate of acceptance of bacillus firmus bionematicides by the farmers. Asia-Pacific region is undergoing substantial gains and the region is set to project the highest CAGR for the forecast period owing to the increasing adoption of organic agriculture and biopesticides.
The country section of the bacillus firmus bionematicides market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Bacillus Firmus Bionematicides Market Share Analysis
The bacillus firmus bionematicides market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to bacillus firmus bionematicides market.
The major players covered in the bacillus firmus bionematicides report are BASF SE, Bayer AG, Novozymes, Cargill, Incorporated, Syngenta Crop Protection AG, BioWorks Inc., Marrone Bio Innovations, Hebei Weiyuan Biochemical Co., Ltd., Koppert Biological Systems, STAR BIO SCIENCE, Andermatt Biocontrol AG, Valent BioSciences LLC, Certis USA L.L.C, Dow, Varsha Bioscience and Technology India Pvt Ltd., Monsanto Company, FMC Corporation, T.Stanes and Company Limited and SEIPASA, S.A. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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