Global Nematicides Market Forecast: From USD 1.79 Billion in 2023 to USD 2.6 Billion by 2030
Nematicides Market Overview
The global nematodes market was estimated to be worth USD 1.79 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 5.17 percent from 2024 to 2030, reaching USD 2.6 billion.
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Nematicides Market Regional Insights
Regional analysis is conducted to assess the status of the Nematicides market in countries belonging to North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report provides a comprehensive analysis of several factors such as market size, growth rate, and import-export activities, across different regions. The Nematicides market is segmented broadly into these regions, allowing for a detailed understanding of the market landscape and dynamics in each geographical area.
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Nematicides Market Segmentation :
by Type
Fumigants
Carbamates
Organophosphates
Bionematicides
Others
Nematicides fall into several categories, including carbamates, bionematicides, fumigants, and organophosphates. The active ingredient of fumigants, which are broad-spectrum nematodes, travels through the soil as a gas. Fumigants are neither absorbed by plants nor bound by soil. As a result, they are much more effective than other kinds like carbamate and organophosphate and have a brief duration of residual pesticide activity. They work well against a variety of soil-borne diseases and pests, as well as plant-parasitic nematodes. In high-value crops like fruits and vegetables, they are used to disinfect the soil and lower the chance of yield loss from soil-borne pests.
by Form
Liquid
Granular or Emulsifiable Liquid
Others
by Nematode Types
Root-Knot
Cyst
Lesion
Others
by Application
Soil Dressing
Fumigation
Drenching
Seed Treatment
Nematicides are further divided into four categories: seed treatment, soil dressing, fumigation, and damping.
Due in large part to its efficacy in lowering soil-borne nematode populations and enhancing crop yield, nematode application by soil dressing accounted for the majority of the market in 2023. The market for nematodes is dominated by soil dressing because it effectively targets nematodes in the soil, where they mostly reside and damage plant roots, ensuring comprehensive and long-term pest management. These aid in quicker crop germination and can be administered both before and after planting by soaking the soil. Soil dressing is a technique that removes contaminants from soil to renew and purify it. Many pollutants, such as pesticides, petroleum hydrocarbons, lead, and other heavy metals, can generate impurities in soil.
Nematicides Market Key Players :
1. Bayer CropScience AG (Germany)
2. BASF SE (Germany)
3. The Dow Chemical Company (US)
4. Syngenta AG (Switzerland)
5. FMC Corporation (US)
6. Sumitomo Chemical Co., Ltd. (Japan)
7. Nufarm Limited (Australia)
8. UPL Limited (India)
9. ADAMA Agricultural Solutions Ltd. (Israel)
10. American Vanguard Corporation (US)
11. Brandt Consolidated, Inc. (US)
12. Isagro S.P.A. (Italy)
13. Marrone Bio Innovations Inc. (US)
14. Certis USA L.L.C. (US)
15. Corteva Agriscience (US)
16. Chr. Hansen (Denmark)
17. Marrone Bio Innovations (US)
18. Valent Biosciences LLC (US)
19. T. Stanes & Company Limited (India)
20. Agri Life (India)
21. Bio Huma Netics, Inc (US)
22. Real IPM Kenya (Kenya)
23. Horizon Group (India)
24. Crop IQ Technology Ltd (UK)
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