PUBLISHER: The Insight Partners | PRODUCT CODE: 1858549
PUBLISHER: The Insight Partners | PRODUCT CODE: 1858549
The nematicides market size was valued at US$ 2.01 billion in 2024 and is expected to reach US$ 3.84 billion by 2031; it is estimated to register a CAGR of 9.8% from 2025 to 2031.
One of the primary drivers of the nematicide market is the rising demand for higher agricultural productivity due to growing global food needs and shrinking arable land. As the global population continues to rise, particularly in developing regions, there is mounting pressure on farmers to increase crop yields without expanding farmland. However, plant-parasitic nematodes pose a significant threat to agricultural output, causing billions of dollars in crop losses annually. These microscopic pests damage plant roots, impair nutrient uptake, and lead to stunted growth, ultimately reducing both yield and crop quality. To counter these losses, farmers are increasingly turning to nematicides as an essential component of their pest management strategies. This is especially true in intensive farming systems and high-value crop production, where even small yield reductions can have substantial economic impacts. The development of new and improved nematicide products-particularly biological and low-residue formulations-is further driving market growth, aligning with global trends toward sustainable and environmentally responsible agriculture.
Additionally, increasing awareness and access to agricultural extension services are educating farmers about nematode threats and control options. Precision agriculture technologies are also contributing to growth by enabling more targeted and efficient nematicide application. Emerging markets in Asia-Pacific, Latin America, and parts of Africa are witnessing rapid adoption, supported by government initiatives aimed at improving food security and crop resilience. Overall, the urgent need to safeguard crop yields and enhance food production efficiency is a critical force propelling the global nematicide market forward.
By nematode type, the market is segmented into root knot, cyst, and others. The root knot segment held a larger market share in 2024. The root-knot segment is a major focus in the nematicide market due to the widespread impact of Meloidogyne species on various crops. These nematodes cause root galling, disrupting water and nutrient uptake, leading to significant yield losses in vegetables, fruits, and field crops. Their adaptability to diverse climates and soil types makes them a persistent threat globally. Farmers increasingly rely on chemical and biological nematicides for effective control. With rising awareness, improved diagnostic tools, and a shift toward sustainable solutions, demand for targeted root-knot nematicides is growing, especially in high-value crop production and regions with intensive agricultural practices.
Asia Pacific dominated the nematicides market share in terms of revenue in 2024. The nematicide market in Asia-Pacific is growing due to increasing crop losses from nematode infestations, particularly in rice, vegetables, and fruits. Rising demand for food, shrinking arable land, and the need to boost yields are driving farmers to adopt nematicides. Government support for modern farming practices and integrated pest management (IPM) further fuels growth. Additionally, expanding awareness and access to affordable biological and chemical solutions are accelerating adoption, especially in major agricultural economies like India, China, and Southeast Asia.
Some of the key players operating in the global nematicides market include Bayer AG, BASF SE, Syngenta AG, FMC Corp, UPL Ltd, Corteva Inc, Nufarm, ADAMA LTD, Certis USA LLC, American Vanguard Corporation, VIVE CROP PROTECTION, ISHIHARA SANGYO KAISHA LTD, Valent Biosciences LLC, Pro Farm Group, and T.Stanes and Company Limited. Players operating in the nematicides market focus on providing high-quality products to fulfill customer demand. Also, they are focusing on launching new and high-quality products for their customers.
The overall global nematicides market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the nematicides market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers-along with external consultants such as valuation experts, research analysts, and key opinion leaders-specializing in the flooring market.