Global Nematicides Market Comprehensive Study: Forecasted Market Size And Growth Rate | Adama Agricultural Solutions Ltd., BASF SE, Bayer Crop Science AG, Certis L.L.C, Corteva Inc., Crop IQ Technology Group, Horizon Group, Isagro Group, Marrone Bio Innov

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The Business Research Company offers in-depth market insights through Nematicides Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The nematicides market size has grown strongly in recent years. It will grow from $1.57 billion in 2023 to $1.7 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to crop protection, agricultural productivity, soil health, global food demand, regulatory support.

The nematicides market size is expected to see strong growth in the next few years. It will grow to $2.31 billion in 2028 at a compound annual growth rate (CAGR) of 8.0%. The growth in the forecast period can be attributed to organic farming, precision agriculture, climate change impacts, integrated pest management (ipm), alternative pest control methods. Major trends in the forecast period include sustainable agriculture certification, biological nematicides, research and innovation, data-driven decision-making, chemical nematicides.

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Market Segmentation:
The main types of nematicides market are fumigants, bio nematicides, organophosphates, carbamates, and others. The term "fumigants" refers to highly volatile nematicides. They move quickly through the air gaps between soil particles, but if soil pore spaces or pore necks are filled with water, their mobility may be limited. The different forms include granular or powder, liquid and involve various crop types such as fruits and vegetables, oilseeds, cereals and grains, and other crops. It is used in several applications including fumigation, soil dressing, drenching, seed treatment, and others.

Major Driver - Surging Demand For High-Value Crops Fuels Growth In The Nematicides Market
The increasing demand for high-value crops is expected to propel the growth of the nematicides market going forward. High-value crops are those that give the farmer a better net return per hectare than high-yielding winter rice. This includes vegetables, potatoes, hybrid maize, fruits, and spices. Certain export criteria, particularly for high-value agricultural products, necessitate the removal of nematodes from various crops. For instance, according to The Economic Times, an India-based newspaper, the export demand for vegetables has increased by roughly 20% in the first quarter of 2020-21 compared to the pre-COVID level (2019). Moreover, according to Vegetable Growers Weekly, a US-based news magazine, fresh produce such as frozen fruits and vegetables, shelf-stable fruits, and shelf-stable vegetables generated $7.1 billion in sales in May 2021, up to $790 million from the previous year. Therefore, the increasing demand for high-value crops is driving the growth of the nematicides market.

Competitive Landscape:
Major companies operating in the nematicides market include Adama Agricultural Solutions Ltd., BASF SE, Bayer Crop Science AG, Certis L.L.C, Corteva Inc., Crop IQ Technology Group, Horizon Group, Isagro Group, Marrone Bio Innovations Inc., Nufarm Limited, Syngenta AG, Dow Inc., UPL Limited, Valent L.L.C, Agri Life, BioWorks Inc., Brandt Consolidated Inc., Chr. Hansen Holding A/S, American Vanguard Corporation, FMC Corporation, Monsanto Company, Sumitomo Chemical Co. Ltd., Camson Bio Technologies Limited, Terramera Inc., Gowan Company LLC, AgBiome Inc., Novozymes A/S, Verdesian Life Sciences LLC, NemaLife Sciences LLC, AgroLiquid LLC, BioSafe Systems LLC

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Top Trend - Technological Advancements To Sustain Market Position
Technological advancements have emerged as a key trend gaining popularity in the nematicides market. Technological advancement is a discovery of knowledge that advances technology. Major companies operating in the nematicides sector are focused on developing new technological solutions to reinforce their position. For instance, in May 2021, Syngenta, a Switzerland-based agrochemical company introduced the TYMIRIUM technology platform brand, a new nematicide and fungicide technology that's being developed for seed and soil applications. TYMIRIUM technology, which is based on the active component cyclobutrifluram, provides long-term protection against a wide range of nematode pests and illnesses across all significant crops and geographies.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Nematicides Market Characteristics
3. Nematicides Market Trends And Strategies
4. Nematicides Market - Macro Economic Scenario
5. Nematicides Market Size And Growth
…..
27. Nematicides Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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