Surging Demand For High-Value Crops Fuels Growth In The Nematicides Market Emerges as a Core Driver of the Nematicides Market in 2025

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What Is the Expected CAGR for the Nematicides Market Through 2025?
The market size for nematicides has experienced significant growth in the past few years. The market is projected to expand from $1.69 billion in 2024 to $1.81 billion in 2025, experiencing a compound annual growth rate (CAGR) of 7.6%. Factors such as crop protection, agricultural productivity, soil health, the global demand for food, and regulatory support have contributed to the growth witnessed during the historical period.

What's the Projected Size of the Global Nematicides Market by 2029?
The market size for nematicides is anticipated to experience significant expansion in the forthcoming years. The market is predicted to increase to $2.53 billion by 2029 with an 8.7% compound annual growth rate (CAGR). The projected growth during the forecasted period can be credited to factors such as organic farming, precision agriculture, impacts of climate change, integrated pest management (IPM), and alternative methods of pest control. Key emerging trends during the forecast period encompass sustainable agriculture certification, biological nematicides, research and innovation, data-centric decision making, and chemical nematicides.

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Top Growth Drivers in the Nematicides Industry: What's Accelerating the Market?
The growth trajectory of the nematicides market is projected to escalate due to the increasing interest in high-value crops. High-value crops refer to crops that offer a superior net profit per hectare to farmers compared to high-yielding winter rice, including vegetables, potatoes, hybrid maize, fruits, and spices. Guidelines for exporting, particularly concerning high-value agricultural produce, require the elimination of nematodes from multiple crops. For instance, data from the Department for Environment, Food, and Rural Affairs (Defra), a UK-based governmental body, revealed in February 2024 that the demand for domestic human and industrial wheat used for flour milling, starch, and bio-ethanol purposes saw an increase of 2.8% in 2022 compared to 2021, amounting to nearly 6 million tonnes. This burgeoning demand for high-value crops is hence stimulating the expansion of the nematicides market.

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What Trends Will Shape the Nematicides Market Through 2029 and Beyond?
Improvements in technology are emerging as a primary trend gaining traction in the nematicides industry. Technological progress refers to the discovery of new knowledge that furthers technology. Major corporations in the nematicides domain are concentrating on creating new technological solutions to strengthen their standing. For example, in September 2023, Bayer Inc., a well-known life science company based in Germany, introduced Velum and Emesto. These introduce groundbreaking formulas that provide comprehensive protection against pests and diseases, boosting crop yield and quality while encouraging sustainable farming practices through low dosage rates and effective application. This progress displays a dedication to integrated pest management, providing Canadian potato farmers with the necessary tools to tackle the issue of pest resistance and ensure a more dependable crop yield.

What Are the Main Segments in the Nematicides Market?
The nematicides market covered in this report is segmented -

1) By Type: Fumigants, Bio Nematicides, Organophosphates, Carbamates, Other Types
2) By Form: Granular Or Powder, Liquid
3) By Crop Type: Fruits and Vegetables, Oilseeds, Cereals and Grains, Other Crop Types
4) By Application: Fumigation, Soil Dressing, Drenching, Seed Treatment, Other Applications

Subsegments:
1) By Fumigants: Methyl Bromide, Chloropicrin, Phosphine, 1,3-Dichloropropene
2) By Bio Nematicides: Bacterial-Based Bio Nematicides, Fungal-Based Bio Nematicides, Plant-Based Bio Nematicides
3) By Organophosphates: Oxamyl, Terbufos, Methamidophos, Dimethoate
4) By Carbamates: Carbofuran, Methomyl, Aldicarb
5) By Other Types: Pyrethroids, Neonicotinoids, Essential Oils, Inorganic Compounds

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Which Top Companies are Driving Growth in the Nematicides Market?
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

Which Regions Will Dominate the Nematicides Market Through 2029?
North America was the largest region in the nematicides market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the nematicides market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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