The nematicides market has seen considerable growth due to a variety of factors.
• There has been a significant expansion in the size of the nematicides market in the past few years. It is expected to rise from $1.69 billion in 2024 to $1.81 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 7.6%.
Factors contributing to this growth during the historic period include crop protection, enhanced agricultural productivity, improved soil health, rising global food demand, and supportive regulatory frameworks.
The nematicides market is expected to maintain its strong growth trajectory in upcoming years.
• The market size for nematicides is predicted to witness significant expansion in the forthcoming years, with a projected worth of $2.53 billion by 2029 and a compound annual growth rate (CAGR) of 8.7%.
This growth during the forecast period can be linked to factors such as organic farming, precision agriculture, the effects of climate change, integrated pest management (ipm), and alternative pest control techniques. Major trends for this forecast period consist of sustainable agriculture certification, biological nematicides, advancements in research and innovation, data-driven decision-making, and chemical nematicides.
The nematicides market is expected to expand, driven by the rising demand for high-value crops. High-value crops are defined as those that offer farmers a higher net return per hectare than high-yielding winter rice, including such items as vegetables, potatoes, hybrid maize, fruits, and spices. The need to eradicate nematodes from a variety of crops is often a requirement for exporting high-value agricultural products. As an example, in February 2024, data from the Department for Environment, Food, and Rural Affairs (Defra), a government department in the UK, revealed a 2.8% increase in domestic human and industrial wheat requirements for flour milling, including starch and bio-ethanol, from 2022 to 2021, amounting to nearly 6 million tonnes. As a result, the escalating demand for high-value crops is contributing to the development of 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
In the nematicides market, progress in technology has become a prevalent trend. Technological advancement represents a process of discovery that pushes technology forward. Numerous prominent firms in the nematicides industry are endeavoring to create unique technological solutions to bolster their standing. For example, a life science company from Germany, Bayer Inc., introduced Velum and Emesto in September 2023. These innovative products offer comprehensive defences against pests and diseases, improve crop quality and yield, and support sustainable farming methods with their low dosage rates and effective application. This progress indicates a dedication to integrated pest management, providing Canadian potato farmers with robust tools to tackle pest resistance issues and secure a more consistent harvest.
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
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.