Nematicides Market Forecasts to 2028 – Global Analysis By Nature (Biological and Chemical), Form (Emulsifiable Concentrates, Liquid and Solid/Granules), Nematode Type, Type, Mode of Application, Application and By Geography
According to Stratistics MRC, the Global Nematicides Market is accounted for $1.30 billion in 2020 and is expected to reach $1.98 billion by 2028 growing at a CAGR of 5.4% during the forecast period. Strong demand for high-value crops, advancements in farming practices and technology and crop losses due to pest attacks are driving the market growth. However, pesticide residue problems is hampering the growth of the market.
Nematicides are a type of chemical pesticides which are used to kill plant-parasites nematodes. They are used on fruits & vegetables such as potatoes, tomatoes, pineapples and so on. Other than providing protection from the parasites it also helps in increasing fertility of soil.
Based on the type, the bionematicides segment is going to have lucrative growth during the forecast period owing to the increasing awareness among consumers about the importance of organic foods. The adoption of sustainable agriculture and integrated pest management solutions has increased which has led to the demand for biocontrol products such as biopesticides, biofungicides, pheromones, and bionematicides. A number of major players in the market are introducing bionematicide solutions for seed treatment.
By geography, North America is going to have high growth during the forecast period. The region is a host to some of the major companies in the nematicides market who actively invest on new product launches that would cater to nematode attacks on field crops such as cotton, corn and soybean which are majorly produced in countries such as the US and Mexico.
Some of the key players profiled in the Nematicides Market include Adama Agricultural Solutions, American Vanguard Corporation, BASF SE, Bayer CropScience, Dow Chemical Company, DuPont, FMC Corporation, Isagro Group Spa, Marrone Bio Innovations, Inc., Monsanto Company, Nufarm Limited, Simbiose Agro, Stoller, Sumitomo Chemical and Syngenta International AG.
Estimated Market Size in 2020:
Compound Annual Growth Rate (CAGR) from 2020 to 2028:
Predicted 2028 Value:
USD 1.98 billion
Tables, Graphs& Figures
Nature, Form, Nematode Type, Type, Mode of Application, Application and Region
Core Drivers and Opportunities:
Restraining Factors & Market Threats:
• Emulsifiable Concentrates
Nematode Types Covered:
• Root-Knot Nematode
• Other Nematode Types
• Other Types
Modes of Application Covered:
• Seed Treatment
• Soil Dressing
• Non Agricultural
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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Key Questions Answered In The Report
The Global Nematicides Market is majorly driven by strong demand for high-value crops, advancements in farming practices and technology and crop losses due to pest attacks.
The bionematicides segment is growing at a highest CAGR owing to increasing awareness among consumers about the importance of organic foods.
North America dominated with a significant market share due to the factors such as the region is a host to some of the major companies in the nematicides market who actively invest on new product launches.
Asia Pacific market is growing at a highest CAGR owing to increasing agriculture, population and hence, demand of food.
Key players in Nematicides Market include Adama Agricultural Solutions, American Vanguard Corporation, BASF SE, Bayer CropScience, Dow Chemical Company, DuPont, FMC Corporation, Isagro Group Spa, Marrone Bio Innovations, Inc., Monsanto Company, Nufarm Limited, SimbioseAgro, Stoller, Sumitomo Chemical and Syngenta International AG.
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