Vietnam Bionematicides Market Trend Analysis, Trends, Forecast 2022-2029
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Vietnam bionematicides market size at USD 1.45 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects Vietnam bionematicides market size to grow at a significant CAGR of 15.9% reaching a value of USD 4.07 million by 2029. Major growth factors for Vietnam bionematicides market include increasing use of microorganisms in crops provides nutrients to crops, and the transitioning of chemical fumigant nematicides due to environmental concerns. An increase in crop quality is expected to fuel the expansion of the bionematicides market. Likewise, the massive crop infestation by nematodes, as well as sustainability initiatives and increased usage of agricultural biological products, are expected to boost the bionematicides market. Also, stringent environment regulations against chemical/traditional nematicides will create further chances ...