Nematicide Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2019-2029, Segmented By Type ; By Crop ; By Formulation ; By Mode of Application ; By Region

Description

Global Nematicide Market Size Grows Steadily to Touch USD 2.3 Billion by 2029

Global nematicide market is flourishing because of an increasing focus on food security, improved crop yields, and controlling growing incidences of plant-parasitic nematodes.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated global nematicide market size at USD 1.54 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects Global Nematicide Market size to grow at a significant CAGR of 5.92% reaching a value of USD 2.26 billion by 2029. Major growth drivers for the global nematicide market include increasing environmental concerns worldwide, growing demand for food security and improved crop yields and increasing incidence of plant-parasitic nematodes. Rising consumer preference for organic food products across the globe. The market is growing faster as a result of the rising trend of bio-nematicides brought on by the push for the adoption of sustainable agricultural methods. The market is further influenced by the increased focus on integrated pest management strategies and government funding for the creation of bio-nematicides as alternatives to traditional synthetic pesticides. Also, the market for nematicides is positively impacted by the growth in pollution cases, increasing demand for high-value crops, increased usage of various biological products, rising environmental concerns, and agricultural losses from pest infestations. Likewise, the market players will have lucrative prospects because to the rise in demand for customized solutions targeted at certain pests and the use of biological to gain traction during the forecast period. However, environmental concerns related to chemical substances are anticipated to restrain the growth of global nematicide market.

Global Nematicide Market - Overview:

Chemical substances called nematicides are employed to manage parasitic worms like threadworms and roundworms. They are among the most widely used pesticides on the planet and have been used for ages in various forms. Nematocides is another name for nematicides. Nematicides are normally administered equally across a field, however the distribution and population density of plant-parasitic nematodes are not. In addition, nematicide, a kind of chemical pesticide, is employed to eradicate worms that parasitize plants. Nematicides have a history of being highly volatile, broad-spectrum poisons that promote soil mobility. A carbamate insecticide called aldicarb (Temik) is primarily utilized in commercial nematicide. Nematicides, which are chemically produced substances that kill or harm nematodes, are another option. These products enable nematicidal or metastatic effects against nematodes. Nematicidal substances are extremely poisonous and kill exposed worms, whereas metastatic substances impede or delay the hatching of nematode eggs rather than killing nematodes.

Impact of COVID -19 on Global Nematicide Market

COVID-19 had a detrimental impact on the market for nematicides. Lockdown restrictions imposed globally caused supply chain interruptions, which in turn upset the parties involved in the delivery of goods to the intended locations. Production efficiency has decreased as a result of factors including scarcity of workforce and a restricted supply of raw materials.

Global Nematicide Market - By Crop:

Based on crop, global nematicide market is divided into Vegetable, Field Crops, and Fruits segments. The vegetables segment is expected to hold the highest market share due to the increasing rates of nematode infection on several vegetables, including carrots, potatoes, and tomatoes. Roots that have been infected by nematodes become deformed and injured, which lowers the product's quality and yield. Nematodes also intensify the negative effects of bacteria and fungi. Therefore, to cure nematodes and prevent product losses, vegetable crop growers utilize nematicide treatments. In the upcoming years, demand for bio-based nematicide products is anticipated to increase due to farmers' growing preference for growing organic fruits, vegetables, and grains. Similarly, the fruit segment is expected to witness growth during the forecast period due to the potential presence of plant-parasitic nematodes on the roots and leaves of fruit crops. In fruit orchards, a number of nematode species are known to produce severe root necrosis, which has a considerable negative impact on the economy. Citrus, burrowing, and root-knot nematodes are the three main nematode pests that attack different types of fruit crops. Nematode control is crucial for producing fruit with excellent yields and quality, which further fuels market expansion.

Competitive Landscape:

Major players operating in global nematicide market include BASF SE, Isagro S.p.A, Corteva Agriscience, Syngenta AG, Bayer AG, UPL Limited, American Vanguard Corporation, Nufarm, FMC Corporation, Chr. Hansen, Adama Agricultural Solutions Ltd., Marrone Bio Innovations, Valent Biosciences LLC, and Certis Biologicals. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Global Nematicide Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Global Nematicide Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Product Code: BWC23118

1. Research Framework

1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation

2. Executive Summary

3. Global Nematicide Market Insights

3.1. Industry Value Chain Analysis
- 3.1.1. DROC Analysis
- 3.1.2. Growth Drivers
  - 3.1.2.1. Growing demand for food security and improved crop yields
  - 3.1.2.2. Increasing incidence of plant-parasitic nematodes
- 3.1.3. Restraints
  - 3.1.3.1. Environmental concerns
- 3.1.4. Opportunities
  - 3.1.4.1. Growing demand for sustainable agriculture
- 3.1.5. Challenges
  - 3.1.5.1. Competition from alternative pest control methods
3.2. Technology Advancements/Recent Developments
3.3. Regulatory Framework
3.4. Porter's Five Forces Analysis
- 3.4.1. Bargaining Power of Suppliers
- 3.4.2. Bargaining Power of Buyers
- 3.4.3. Threat of New Entrants
- 3.4.4. Threat of Substitutes
- 3.4.5. Intensity of Rivalry

4. Global Nematicide Market Overview

4.1. Market Size & Forecast, 2019-2029
- 4.1.1. By Value (USD Million)
4.2. Market Share & Forecast
- 4.2.1. By Type
  - 4.2.1.1. Fumigants
  - 4.2.1.2. Organophosphate
  - 4.2.1.3. Carbamate
  - 4.2.1.4. Bio-Based
- 4.2.2. By Crop
  - 4.2.2.1. Vegetable
  - 4.2.2.2. Field Crops
  - 4.2.2.3. Fruits
  - 4.2.2.4. Others
- 4.2.3. By Formulation
  - 4.2.3.1. Liquid
  - 4.2.3.2. Granular
  - 4.2.3.3. Others
- 4.2.4. By Mode of Application
  - 4.2.4.1. Drenching
  - 4.2.4.2. Soil Dressing
  - 4.2.4.3. Seed Treatment
  - 4.2.4.4. Fumigation
  - 4.2.4.5. Other
- 4.2.5. By Region
  - 4.2.5.1. North America
  - 4.2.5.2. Europe
  - 4.2.5.3. Asia Pacific (APAC)
  - 4.2.5.4. Latin America (LATAM)
  - 4.2.5.5. Middle East and Africa (MEA)

5. North America Nematicide Market

5.1. Market Size & Forecast, 2019-2029
- 5.1.1. By Value (USD Million)
5.2. Market Share & Forecast
- 5.2.1. By Type
- 5.2.2. By Crop
- 5.2.3. By Mode of Application
- 5.2.4. By Formulation
- 5.2.5. By Country
  - 5.2.5.1. US
  - 5.2.5.1.1. By Type
  - 5.2.5.1.2. By Crop
  - 5.2.5.1.3. By Formulation
  - 5.2.5.1.4. By Mode of Application
  - 5.2.5.2. Canada
  - 5.2.5.2.1. By Type
  - 5.2.5.2.2. By Crop
  - 5.2.5.2.3. By Formulation
  - 5.2.5.2.4. By Mode of Application

6. Europe Nematicide Market

6.1. Market Size & Forecast, 2019-2029
- 6.1.1. By Value (USD Million)
6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.2. By Crop
- 6.2.3. By Formulation
- 6.2.4. By Mode of Application
- 6.2.5. By Country
  - 6.2.5.1. Germany
  - 6.2.5.1.1. By Type
  - 6.2.5.1.2. By Crop
  - 6.2.5.1.3. By Formulation
  - 6.2.5.1.4. By Mode of Application
  - 6.2.5.2. UK
  - 6.2.5.2.1. By Type
  - 6.2.5.2.2. By Crop
  - 6.2.5.2.3. By Formulation
  - 6.2.5.2.4. By Mode of Application
  - 6.2.5.3. Italy
  - 6.2.5.3.1. By Type
  - 6.2.5.3.2. By Crop
  - 6.2.5.3.3. By Formulation
  - 6.2.5.3.4. By Mode of Application
  - 6.2.5.4. France
  - 6.2.5.4.1. By Type
  - 6.2.5.4.2. By Crop
  - 6.2.5.4.3. By Formulation
  - 6.2.5.4.4. By Mode of Application
  - 6.2.5.5. Spain
  - 6.2.5.5.1. By Type
  - 6.2.5.5.2. By Crop
  - 6.2.5.5.3. By Formulation
  - 6.2.5.5.4. By Mode of Application
  - 6.2.5.6. The Netherlands
  - 6.2.5.6.1. By Type
  - 6.2.5.6.2. By Crop
  - 6.2.5.6.3. By Formulation
  - 6.2.5.6.4. By Mode of Application
  - 6.2.5.7. Rest of Europe
  - 6.2.5.7.1. By Type
  - 6.2.5.7.2. By Crop
  - 6.2.5.7.3. By Formulation
  - 6.2.5.7.4. By Mode of Application

7. Asia-Pacific Nematicide Market

7.1. Market Size & Forecast, 2019-2029
- 7.1.1. By Value (USD Million)
7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By Crop
- 7.2.3. By Formulation
- 7.2.4. By Mode of Application
- 7.2.5. By Country
  - 7.2.5.1. China
  - 7.2.5.1.1. By Type
  - 7.2.5.1.2. By Crop
  - 7.2.5.1.3. By Formulation
  - 7.2.5.1.4. By Mode of Application
  - 7.2.5.2. India
  - 7.2.5.2.1. By Type
  - 7.2.5.2.2. By Crop
  - 7.2.5.2.3. By Formulation
  - 7.2.5.2.4. By Mode of Application
  - 7.2.5.3. Japan
  - 7.2.5.3.1. By Type
  - 7.2.5.3.2. By Crop
  - 7.2.5.3.3. By Formulation
  - 7.2.5.3.4. By Mode of Application
  - 7.2.5.4. South Korea
  - 7.2.5.4.1. By Type
  - 7.2.5.4.2. By Crop
  - 7.2.5.4.3. By Formulation
  - 7.2.5.4.4. By Mode of Application
  - 7.2.5.5. Australia & New Zealand
  - 7.2.5.5.1. By Type
  - 7.2.5.5.2. By Crop
  - 7.2.5.5.3. By Formulation
  - 7.2.5.5.4. By Mode of Application
  - 7.2.5.6. Indonesia
  - 7.2.5.6.1. By Type
  - 7.2.5.6.2. By Crop
  - 7.2.5.6.3. By Formulation
  - 7.2.5.6.4. By Mode of Application
  - 7.2.5.7. Malaysia
  - 7.2.5.7.1. By Type
  - 7.2.5.7.2. By Crop
  - 7.2.5.7.3. By Formulation
  - 7.2.5.7.4. By Mode of Application
  - 7.2.5.8. Singapore
  - 7.2.5.8.1. By Type
  - 7.2.5.8.2. By Crop
  - 7.2.5.8.3. By Formulation
  - 7.2.5.8.4. By Mode of Application
  - 7.2.5.9. Philippines
  - 7.2.5.9.1. By Type
  - 7.2.5.9.2. By Crop
  - 7.2.5.9.3. By Formulation
  - 7.2.5.9.4. By Mode of Application
  - 7.2.5.10. Vietnam
  - 7.2.5.10.1. By Type
  - 7.2.5.10.2. By Crop
  - 7.2.5.10.3. By Formulation
  - 7.2.5.10.4. By Mode of Application
  - 7.2.5.11. Rest of APAC
  - 7.2.5.11.1. By Type
  - 7.2.5.11.2. By Crop
  - 7.2.5.11.3. By Formulation
  - 7.2.5.11.4. By Mode of Application

8. Latin America Nematicide Market

8.1. Market Size & Forecast, 2019-2029
- 8.1.1. By Value (USD Million)
8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Crop
- 8.2.3. By Formulation
- 8.2.4. By Mode of Application
- 8.2.5. By Country
  - 8.2.5.1. Brazil
  - 8.2.5.1.1. By Type
  - 8.2.5.1.2. By Crop
  - 8.2.5.1.3. By Formulation
  - 8.2.5.1.4. By Mode of Application
  - 8.2.5.2. Mexico
  - 8.2.5.2.1. By Type
  - 8.2.5.2.2. By Crop
  - 8.2.5.2.3. By Formulation
  - 8.2.5.2.4. By Mode of Application
  - 8.2.5.3. Argentina
  - 8.2.5.3.1. By Type
  - 8.2.5.3.2. By Crop
  - 8.2.5.3.3. By Formulation
  - 8.2.5.3.4. By Mode of Application
  - 8.2.5.4. Peru
  - 8.2.5.4.1. By Type
  - 8.2.5.4.2. By Crop
  - 8.2.5.4.3. By Formulation
  - 8.2.5.4.4. By Mode of Application
  - 8.2.5.5. Rest of LATAM
  - 8.2.5.5.1. By Type
  - 8.2.5.5.2. By Crop
  - 8.2.5.5.3. By Formulation
  - 8.2.5.5.4. By Mode of Application

9. Middle East & Africa Nematicide Market

9.1. Market Size & Forecast, 2019-2029
- 9.1.1. By Value (USD Million)
9.2. Market Share & Forecast
- 9.2.1. By Type
- 9.2.2. By Crop
- 9.2.3. By Formulation
- 9.2.4. By Mode of Application
- 9.2.5. By Country
  - 9.2.5.1. Saudi Arabia
  - 9.2.5.1.1. By Type
  - 9.2.5.1.2. By Crop
  - 9.2.5.1.3. By Formulation
  - 9.2.5.1.4. By Mode of Application
  - 9.2.5.2. UAE
  - 9.2.5.2.1. By Type
  - 9.2.5.2.2. By Crop
  - 9.2.5.2.3. By Formulation
  - 9.2.5.2.4. By Mode of Application
  - 9.2.5.3. Qatar
  - 9.2.5.3.1. By Type
  - 9.2.5.3.2. By Crop
  - 9.2.5.3.3. By Formulation
  - 9.2.5.3.4. By Mode of Application
  - 9.2.5.4. Kuwait
  - 9.2.5.4.1. By Type
  - 9.2.5.4.2. By Crop
  - 9.2.5.4.3. By Formulation
  - 9.2.5.4.4. By Mode of Application
  - 9.2.5.5. South Africa
  - 9.2.5.5.1. By Type
  - 9.2.5.5.2. By Crop
  - 9.2.5.5.3. By Formulation
  - 9.2.5.5.4. By Mode of Application
  - 9.2.5.6. Nigeria
  - 9.2.5.6.1. By Type
  - 9.2.5.6.2. By Crop
  - 9.2.5.6.3. By Formulation
  - 9.2.5.6.4. By Mode of Application
  - 9.2.5.7. Algeria
  - 9.2.5.7.1. By Type
  - 9.2.5.7.2. By Crop
  - 9.2.5.7.3. By Formulation
  - 9.2.5.7.4. By Mode of Application
  - 9.2.5.8. Rest of MEA
  - 9.2.5.8.1. By Type
  - 9.2.5.8.2. By Crop
  - 9.2.5.8.3. By Formulation
  - 9.2.5.8.4. By Mode of Application

10. Competitive Landscape

10.1. List of Key Players and Their Types
10.2. Global Nematicide Company Market Share Analysis, 2022
10.3. Competitive Benchmarking, By Operating Parameters
10.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)

11. Impact of Covid-19 on Global Nematicide Market

12. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)

12.1. BASF SE
12.2. Isagro S.p.A
12.3. Corteva Agriscience
12.4. Syngenta AG
12.5. Bayer AG
12.6. UPL Limited
12.7. American Vanguard Corporation
12.8. Nufarm
12.9. FMC Corporation
12.10. Chr. Hansen
12.11. Adama Agricultural Solutions Ltd.
12.12. Marrone Bio Innovations
12.13. Valent Biosciences LLC
12.14. Certis Biologicals
12.15. Other Prominent Players

13. Key Strategic Recommendations

14. Research Methodology

14.1. Qualitative Research
- 14.1.1. Primary & Secondary Research
14.2. Quantitative Research
14.3. Market Breakdown & Data Triangulation
- 14.3.1. Secondary Research
- 14.3.2. Primary Research
14.4. Breakdown of Primary Research Respondents, By Region
14.5. Assumptions & Limitations