PUBLISHER: Value Market Research | PRODUCT CODE: 1264222
PUBLISHER: Value Market Research | PRODUCT CODE: 1264222
The global demand for Nematicides Market is presumed to reach the market size of nearly USD 9.32 BN by 2030 from USD 5.62 BN in 2022 with a CAGR of 5.52% under the study period 2023 - 2030.
Nematicides are pesticides that are used to kill plant-parasitic nematodes. Nematicides have historically been broad-spectrum toxicants with high volatility or other qualities facilitating soil movement. Nematicides products can have nematode nematicidal or nemastatic effects. Nematicidal compounds are very toxic and kill exposed nematodes. In contrast, nemastatic compounds do not kill nematodes but restrict nematode migration toward host plant roots or cause nematode egg hatching to be delayed.
The increasing demand for high-value crops, and the increasing infestation of nematodes on crops, are some of the factors driving market expansion. The fast development of urbanization, deterioration of soil quality, and rising demand for food goods are putting further strain on agriculture. Furthermore, expanding commercialization and large-scale farming have shown promise in increasing yields while remaining cost-effective. Again, with a favourable legislative framework, various countries worldwide are pushing food security measures, including the usage of bio-nematicides. These reasons are projected to aid the worldwide nematicide market's rise. Nematicides also help in nutrient uptake and water use efficiency, resulting in lower fertilizer and irrigation costs, which is projected to fuel growth in the worldwide nematicides market. Furthermore, increased global use of integrated pest control, combined with growing awareness about the benefits of nematicides, is expected to drive the growth of the global nematicides market. However, the negative impacts of synthetic nematicides on soil may stymie the worldwide nematicides market's expansion.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of nematicides. The growth and trends of nematicides industry provide a holistic approach to this study.
This section of the nematicides market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Nematicides market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the nematicides market include Syngenta Crop Protection AG, Bayer AG, BASF SE, Horizon Group, Adama Agricultural Solutions Ltd, UPL Limited, Valent USA, Certis USA LLC, Real IPM Kenya, T. Stanes & Company Ltd . This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.
Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies