Press release
Meticulous Research® Forecasts Nematicides Market to Exceed $3.58 Billion by 2030
[Redding, California, March 12, 2024] - Meticulous Research®, a premier provider of market intelligence solutions, announces the publication of its latest report titled 'Nematicides Market.' The report projects the nematicides market to soar to $3.58 billion by 2030, showcasing an impressive Compound Annual Growth Rate (CAGR) of 8.9% from 2023 to 2030. Moreover, in terms of volume, the market is anticipated to reach 182,932.2 tons by 2030, growing at a CAGR of 8.5% during the forecast period.Download Free Research PDF @ https://www.meticulousresearch.com/download-sample-report/cp_id=3687
Nematicides, chemical or biological agents utilized to control nematodes, microscopic worms detrimental to plants and crops, play a pivotal role in safeguarding agricultural productivity. With roots in agriculture practices spanning centuries, nematicides continue to be indispensable in modern agriculture, aiding farmers in nematode population management, thereby ensuring crop health and yield. The market's growth is attributed to surging demand for organic foods, escalating environmental concerns, and intensified focus from market players on product innovation and acquisitions.
Key Players in the Market:
Leading players driving innovation in the global nematicides market include American Vanguard Corporation (U.S.), BASF SE (Germany), Bayer AG (Germany), Biobest Group NV (Belgium), Corteva, Inc. (U.S.), FMC Corporation (U.S.), Gowan Company, LLC. (U.S.), Nufarm Limited (Australia), Pro Farm Group Inc. (U.S.), Syngenta AG (Switzerland), Sumitomo Chemical Co., Ltd. (Japan), and UPL Limited (India).
Browse in depth @ https://www.meticulousresearch.com/product/nematicides-market-3687
Market Dynamics and Key Findings:
The report presents a comprehensive analysis, including historical market data (2021 and 2022), estimated current data (2023), and forecasts up to 2030. Notable findings include:
• The biological nematicides segment is poised to register a higher CAGR during the forecast period, propelled by escalating environmental and public health concerns, increasing adoption of organic farming practices, and government initiatives promoting sustainable agriculture.
• The liquid segment is expected to dominate the market, attributed to benefits such as ease of application, superior performance, and relevance in modern irrigation techniques.
• Root-knot nematodes are anticipated to witness the highest CAGR, driven by advancements in nematicide formulations and increased awareness of their benefits.
• Soil treatment is projected to account for the largest market share among all modes of application, owing to its effectiveness in preventing nematode spread and minimizing crop damage risk.
• Fruits & vegetables segment is expected to register the highest CAGR, fueled by rising global production, prevalence of nematode infestations, and growing demand for organic produce.
Geographical Insights:
North America is anticipated to command the largest market share in 2023, driven by factors such as increasing population, decreasing arable land area, and adoption of precision farming techniques.
Quick Buy - Nematicides Market - Global Opportunity Analysis and Industry Forecast (2023-2030), Research Report: https://www.meticulousresearch.com/Checkout/75298008
Contact:
Mr. Khushal Bombe
Meticulous Market Research Inc.
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California, 96001, U.S.
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Email- sales@meticulousresearch.com
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We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition.
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