Vietnam Nematicide Market By Type, Trends, Forecast 2022-2029
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Vietnam nematicide market size at USD 18.02 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects Vietnam nematicide market size to grow at a significant CAGR of 10.36% reaching a value of USD 35.55 million by 2029. Major growth factors of Vietnam nematicide market include increasing environmental concerns worldwide, growing demand for food security and improved crop yields and increasing incidence of plant-parasitic nematodes. Rising consumer preference for organic food products. The market is growing at a fast rate as a result of the rising trend of bio-nematicides brought on by the push for the adoption of sustainable agricultural methods. The market is further influenced by the increased focus on integrated pest management strategies and government funding for the creation of bio-nematicides as alternatives to traditional s...