Nematicides Market – Global Industry Analysis and Forecast (2023-2029)

Nematicides Market was valued at US$ 1.26 Bn in 2022 and is projected to reach US$ 1.62 Bn at a CAGR of 3.66%.

The report includes the analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.To know about the Research Methodology :- Request Free Sample Report
Nematicides Market Dynamics
Biotechnology innovation has increased the value of some fields crop seed by introducing new traits, end-user has demanded better protection of the seedling to maximize their return on investment posing an opportunity to nematicides market.

The growing need to increase crop yield and quality due to reduction in arable land, coupled with the benefit of higher crop quality and yield with the use of nematicides is driving the global nematicides market. An increase in the cost of high-quality seeds, like the hybrid, and genetically modified seeds, cost efficiency of seed treatment systems, the temperature on the product of crop protection chemicals limitations linked to soil structure, and encouraging government regulations are driving the market growth for nematicides.

However, environmental and human hazards with the use of chemical nematicides, strict government regulations on pesticides, and the development of transgenic crops are the factors restraining the market growth. Innovative active ingredients have been introduced that present new opportunities for seed protection. The insect protection genetics in corn and cotton have changed the spectrum of pests to protect against, resulting in the need to rethink crop protection strategies.
Nematicides Market Segment Analysis
Fumigant dominated the market in 2022 as it has benefits like no residue leftover, no resistance development, and excellent activity. While the bionematicides segment is projected to grow rapidly during the forecast period, owing to growing environmental and public health concerns with the use of chemical nematicides. Increasing demand for organic farming, demand for chemical residue-free agricultural products, and government support to use biological nematicides across the globe further impels the growth of the biological nematicides market.

Solid form dominated the nematicides market. Air contamination disadvantage of solid form overcomes by liquid-based nematicides also are cost-effective in terms of material and handling. Nematicides in the liquid form have the flexibility for more accurate and direct placement of the nematicides to the target crop.
Nematicides Market Regional Insights
North America dominated the global nematicides market in 2022 followed by Europe and Latin America. North America is blessed with large arable land. Increasing demand for crop yield & efficiency and growing organic farming thus drives the nematicides market growth. Asia Pacific region registers the fastest growth during the forecast period due to the growing population in the region which increases the use of nematicides to control the losses due to nematodes and enhance crop yield.

The report covers the total market for nematicides has been analyzed based on Porter's five forces model. The impact of the different market factors, such as drivers, restraints, and opportunities, challenges key issues SWOT analysis, and technology forecasting is also illustrated in the report. This gives an idea about the key drivers, such as high growth and demand in emerging economies countries. A highly reliable and independent assessment of the competitive positions of the major suppliers of nematicides in terms of product sales and market share within each country is provided in the report.
Nematicides Market, Key Highlights:
Global Nematicides Market analysis and forecast, in terms of value.
Comprehensive study and analysis of market drivers, restraints, and opportunities influencing the growth of the global nematicides market.
Global Nematicides Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
Global Nematicides Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.
Global Nematicides Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA), and Latin America along with country-wise segmentation.
Profiles of key industry players, their strategic perspective, market positioning, and analysis of core competencies are further profiled.
Competitive developments, investments, strategic expansion, and competitive landscape of the key players operating in the Global Nematicides Market are also profiled.
Nematicides Market Scope : Inquire before buying



Nematicides Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 1.26 Bn.


Forecast Period 2023 to 2029 CAGR:
3.66%
Market Size in 2029:
US $ 1.62 Bn.


 Segments Covered:
by Product
Fumigant
Carbamate
Organophosphate
Bionematicide


by Form
Liquid
Solid


by Chemical Type
Halogen Compounds and Other Fumigants
Organophosphates
Carbamates
Bio-based Nematicides



Nematicides Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Nematicides Market Key Players are:
1. Bayer CropScience AG
2. BASF SE
3. The Dow Chemical Company
4. Syngenta
5. FMC Corporation
6. Sumitomo Chemical Co., Ltd.
7. Monsanto Company
8. Nufarm Limited
9. UPL Limited
10.ADAMA Agricultural Solutions Ltd.
11.AMVAC Chemical Corporation
12.Brandt Consolidated, Inc.
13.Isagro S.p.A.
14.Marrone Bio Innovations Inc.
15.Certis USA L.L.C.

Frequently Asked Questions:

1. Which region has the largest share in Global Nematicides Market?
Ans: North America region held the highest share in 2022.

2. What is the growth rate of Global Nematicides Market?
Ans: The Global Nematicides Market is growing at a CAGR of 3.66% during forecasting period 2023-2029.

3. What is scope of the Global Nematicides market report?
Ans: Global Nematicides Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Nematicides market?
Ans: The important key players in the Global Nematicides Market are – Bayer CropScience AG, BASF SE, The Dow Chemical Company, Syngenta, FMC Corporation, Sumitomo Chemical Co., Ltd., Monsanto Company, Nufarm Limited, UPL Limited, ADAMA Agricultural Solutions Ltd., AMVAC Chemical Corporation, Brandt Consolidated, Inc., Isagro S.p.A., Marrone Bio Innovations Inc., and Certis USA L.L.C.

5. What is the study period of this market?
Ans: The Global Nematicides Market is studied from 2022 to 2029.