Global Nematicides Market Report 2022 – Market Forecast, Trends And Strategies

The global nematicides market size is expected to grow from $1.31 billion in 2021 to $1.41 billion in 2022 at a compound annual growth rate (CAGR) of 8.2%. The global nematicide market size is expected to grow to $1.69 billion in 2026 at a CAGR of 4.6%.

What is the Global Nematicides Market?

The nematicides market consists of sales of nematicides by entities (organizations, sole traders, and partnerships) that are chemically derived compounds that kill or hurt nematodes. Nematicides have generally been broad-spectrum toxicants with high volatility or other qualities that facilitate soil movement. These are used to kill parasitic worms including roundworms and threadworms.

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What drives the Global 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.

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Global Nematicides Market Segments
The global nematicides market is segmented:
By Type: Fumigants, Bio Nematicides, Organophosphates, Carbamates, Others
By Form: Granular or Powder, Liquid
By Crop Type: Fruits and Vegetables, Oilseeds, Cereals and Grains, Others
By Application: Fumigation, Soil Dressing, Drenching, Seed Treatment, Others
By Geography: The regions covered in the nematicides market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest share in the global nematicides market.

Nematicides Global Market Report 2022provides market size and growth forecasts for the global nematicides market, global nematicides market share, nematicides market segments and geographies, nematicides market competitive landscape including leading competitors’ revenues, profiles and market shares. The nematicides market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Nematicides Industry Playersinclude Adama Agricultural Solutions Ltd, Nufarm Limited, Bayer Crop Science AG, Certis USA L.L.C, Corteva Agriscience, Crop IQ Technology, Horizon Group, Isagro Group, Marrone Bio innovations Inc., Valent USA, Syngenta, The Dow Chemical Company, UPL Limited, Chr. Hansen, Agri Life, Bioworks Inc, and Brandt Consolidated Inc. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.