ID: MRFR/AGR/3735-HCR | 110 Pages | Author: Sakshi Gupta | June 2023
Nematicides Market register a CAGR of 4.69% from 2022 to 2030 and reach USD 2.1 billion by the end of 2030.
Nematodes are a scientific term used for roundworms compromising more than 15,000 species. Mostly the species of nematodes which attack crops are microscopic. Nematodes attack the flowers, foliage, stem, and roots of plants. Nematodes are attacking root causes root lesions, root knots, and stunted root systems, which results in declining of the crop.
Nematodes attack plants to feed on them. Thus, nematodes can cause severe damage to plants by eating fruits and flowers, resulting in decreased productivity. Nematicides are used to control and kill nematodes. Nematicides also help to increase the nutrient uptake and water use efficiency, resulting in reduced cost of fertilizers and irrigation, which is expected to drive the growth of the global nematicides market. Moreover, increasing adoption of integrated pest management all over the globe, coupled with growing awareness about the benefits of nematicides is anticipated to boost the growth of global nematicides market. However, the harmful effects of synthetic nematicides on soil may hinder the growth of global nematicides market.
The global nematicides market has been segmented based on type, form, crop type, mode of application, and region. Based on type, the global nematicides market has been categorized as fumigants, carbamates, organophosphates, and others. The global nematicides market has been classified, based on form, as liquid and dry. The global nematicides market has been bifurcated, on the basis of crop type, into fruits & vegetables, cereals & grains, oilseeds & pulses, and others. Based on the mode of application, the global nematicides market has been divided into fumigation, irrigation, seed treatment, and others.
The global nematicides market has been analyzed for four key regions—North America, Europe, Asia-Pacific, and the rest of the world. The North American nematicides market has further been segmented into the US, Canada, and Mexico. The European nematicides market has been classified as the UK, Germany, France, Italy, Spain, and the rest of Europe. The nematicides market in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The nematicides market, in the rest of the world, has been segmented into South America, the Middle East, and Africa.
BASF SE (Germany), Bayer Cropscience AG (Germany), The DOW Chemical Company (US), The Monsanto Company (US), Syngenta AG (Switzerland), FMC Corporation (US), ADAMA Agricultural Solutions Ltd. (Israel), Ishihara Sangyo Kaisha Ltd. (Japan), Valent USA (US), Simbiose Agrotecnologia Biologica (Brazil), Marrone Bio Innovations Inc. (US), American Vanguard Corporation (US), Isagro Group Spa (Italy), Nufram Limited (Australia), and Sumitomo Chemical Co., Ltd (Japan) are some of the key players in the global nematicides market.
The market in North-America is expected to dominate the global nematicides market during the forecast period due to the decreasing availability of arable land coupled with increasing demand for food. Moreover, the rising adoption of modern agricultural practices is anticipated to boost the growth of the nematicides market in this region.
Asia-Pacific, region is projected to grow at the highest CAGR in global nematicides market, due to the increase in population, leading to increased food demand. Additionally, the farmers in developing countries like India and China are now focusing on cultivating vegetables and fruits on a commercial scale, which is projected to support the growth of nematicides market in this region. The market in the rest of the world is expected to grow at impressive growth rate as the demand for nematicides is increasing in various countries like Argentina and Brazil, due to increase in adoption of sustainable farming practices.
|Market Size||USD 2.1 Billion|
|Forecast Units||Value (USD Billion)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||by Type, Form, Crop Type, Mode of Application, and Region|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||BASF SE (Germany), Bayer Cropscience AG (Germany), The DOW Chemical Company (US), The Monsanto Company (US), Syngenta AG (Switzerland), FMC Corporation (US), ADAMA Agricultural Solutions Ltd. (Israel), Ishihara Sangyo Kaisha Ltd. (Japan), Valent USA (US), Simbiose Agrotecnologia Biologica (Brazil), Marrone Bio Innovations Inc. (US), American Vanguard Corporation (US)|
|Key Market Opportunities||used to control and kill nematodes|
|Key Market Drivers||Increase the Nutrient Uptake, Water Use Efficiency|
nematicides market valuation would be USD 2.1 billion by 2030.
nematicides market CAGR would be 4.69% during the forecast period.
nematicides market report includes forms like liquid and dry.
nematicides market report includes crop types like fumigants, carbamates, organophosphates, and others.
North America would enjoy its upper hand in the global nematicides market.
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