Nematicide Market Size, Share, Trends, Growth Opportunities, and Leading Players

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Nematicide Market Size, Share, Trends, Growth
Opportunities, and Leading Players The
nematicide market is projected to reach USD
3.0 billion by 2027, recording a CAGR of
9.9 during the forecast period. The global
industry is estimated to be valued at USD 1.9
billion in 2022. Nematodes are non-segmented,
bilaterally symmetric worm-like invertebrates
that lack respiratory and circulatory systems but
have a body cavity and a fully functional
digestive system. It is difficult to create
chemical countermeasures against worms that
infests plants. It is challenging to administer a
chemical to a nematodes immediate surroundings
since most Phyto-parasitic nematodes spend
their whole lives isolated to the soil or inside
plant roots.
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The nematicides market is witnessing
high growth because of increasing demand in
the developing countries, easy availability of
crop protection products, growing area under
high-value cash crops such as fruits
vegetables, as well as rise demand for food
products on account of increasing
population. Several chemicals and
mechanical biological measures were
explored to control the growing nematode
population, globally. Various chemical
formulations are registered under the
US Environmental Protection Agency (US EPA)
for application in the commercial and
agriculture sectors. Due to the increasing
concerns associated with chemical methods
over the years, the advent of biological
nematicide products has presented numerous
benefits such as, biologicals typically do not
linger in the environment. Since they rapidly
degrade, possible harmful exposure risk to humans
and the environment is reduced. Biological
products are often exempted from Maximum
Residue Limits (MRLs) helping to improve
the global marketability of crops treated
with biologicals, owing to which, biologicals
are preferred over their chemical counterparts in
North American and European regions. Nematicide
Market Trends Here are some recent trends in the
nematicide market 1. Growing Demand for
Organic Solutions With increasing concerns
about chemical residues in food and
environmental impact, theres a notable
shift towards organic nematicides.
Consumers are seeking safer and
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• environmentally friendly options, driving the
  growth of organic nematicides in the market.
• Biological Nematicides on the
  Rise Biological nematicides, derived from
  natural sources such as bacteria, fungi, and
  plant extracts, are gaining traction. They
  offer effective control of nematodes while being
  less harmful to beneficial organisms and
  the environment. This trend aligns with
  the overall movement towards sustainable
  agriculture practices.
• Innovations in Formulations
  Manufacturers are investing in research
  and development to create more efficient
  and targeted formulations. This
  includes microencapsulation technologies to
  improve the delivery and longevity of
  active ingredients, as well as novel
  application methods to enhance efficacy
  and reduce environmental impact.

4. Integrated Pest Management Approaches
Integrated pest management which combine
various control methods
(IPM) strategies, including
biological, cultural, and chemical measures,
are becoming more prevalent. Nematicides are
being used as part of comprehensive IPM
programs to manage nematode populations
sustainably and effectively. 5. Regulatory
Changes and Compliance Stringent
regulations regarding the use of chemical
nematicides are influencing the market dynamics.
Manufacturers are facing
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• pressure to develop products that
  meet regulatory requirements while maintaining
  efficacy. This has led to the phasing out or
  restriction of certain chemical nematicides and
  the introduction of new active
  ingredients with improved safety profiles.
• Increased Adoption in Developing Regions Growing
  awareness about the economic impact of nematode
  damage on crop yields is driving the
  adoption of nematicides in developing
  regions. Farmers are recognizing
  the importance of nematode management
  practices to ensure sustainable agricultural
  productivity, fueling demand for nematicide
  products.
• Focus on Precision Agriculture Precision
  agriculture technologies, such as soil sensors
  and remote sensing tools, are being integrated
  with nematicide application practices to
  optimize usage and minimize
  over-application. This allows for targeted
  treatment of affected areas, reducing overall
  usage and environmental impact while maximizing
  efficacy.
• Nematicide Market Opportunities
  Providing customized solutions targeted toward
  specific pests
• With the growing environmental and pollution
  concerns and health hazards from many
  conventional agrochemicals, the demand for
  natural biologicals is rising steadily
  across regions. Customers are witnessing a
  high demand for new biological products
  such as bionematicides to use against nematodes
  on standing crops, which cause crop damages,
  thereby reducing the overall farm yield and

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quality. One such innovative method is seed
treatment, which is gaining traction due to
its less or non-toxic nature, reduced cost of
cultivation, and favourable effect on the yield
and quality of crops. Moreover, seed treatment is
targeted toward the desired pests and improve
efficiency in nutrient uptake. The use of
biologicals and related alternative management
products is increasing. RD teams of major global
players are also engaged in discovering
target-specific innovative products by using
biological insecticides, which promote organic
agriculture. For instance, Crop IQ Technology
announced the release of NEMA-DEAD in 2018, the
worlds first organic nematicide combining
chemicals and natural nematicides in a
single formula. NEMA-DEAD is therapeutic
like chemical nematicides and preventive like
biological nematicides, with no residuals. It
does not produce stress on treated plants and
contains bio stimulants that help wounded
bio-stimulants biotic challenges. Similarly,
Zelto, a biological nematicide developed by
Marrone Bio Innovations, is based on a non-living
bacterium that provide grass protection by
employing a revolutionary method of action for
safely reducing insect pests that destroy
turfs, such as chinch bugs, weevils,
and caterpillars. Also, some biological
insecticides, such as bacteria, fungi, and
other microorganisms, are used in research
experiments to invent new biological products.
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Request Sample Pages https//www.marketsandmarket
s.com/requestsampleNew.asp?id1 93252005 North
America dominated the nematicide market, with a
value of USD 0.54 billion in 2021 it is
projected to reach USD 0.91 billion by 2027,
at a CAGR of 9.4 during the forecast
period. The US is one of the largest soybean
producers and its by-products and contributes to
a significant share in the oilseeds market. While
a major portion of the demand for oilseeds is
from the food and feed industries, the regulatory
framework for the biofuel sector of Mexico has
been changing. The scope for oilseeds in the
biofuel sector is also changing. Canada has been
experiencing a high demand for grains, stemming
from the livestock industry. The countries
are not self- sufficient entirely and depend on
imports from the South American countries such as
Brazil and Argentina. The market for
bionematicides has been growing in the
North American countries such as the US and
Mexico companies have been focusing on the
introduction of microorganisms that can be
used as bionematicides. For instance,
Syngenta (Switzerland) introduced TYMIRIUM
technology platform brand in 2020. It is a
revolutionary nematicide and fungicide
technology that is being
developed for both seed and technology, which is
based
soil applications. on the active
TYMIRIUM component
cyclobutrifluram, provides long-term
protection against a wide range of
nematode pests and illnesses across all
major crops and geographies.
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• According to the US District Court report,
  2021 for the Columbia Bayer (Germany) has a
  monopoly in nematicide seed treatment for corn
  and for soybean.
• Nematicide Market Share
• BASF SE (Germany)
• Isagro s.p.a (Italy)
• CORTEVA AGRISCIENCE (US)
• SYNGENTA AG (Switzerland)
• BAYER AG (Germany)
• UPL LIMITED (India)
• American vanguard corporation (US)
• Nufarm (Australia)

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• Which region is projected to account for the
  largest share in the global nematicide market?
• What is the current size of the global nematicide
  market?
• Which are the key players in the market, and how
  intense is the competition?
• What is a nematicide?
• What are the major factors driving the
  growth of the nematicide market?
• What are the major challenges facing the nematicid
  e market?
• Download PDF Brochure https//www.marketsandmarke
  ts.com/pdfdownloadNew.asp?id19 3252005
• Nematicide Market Segmentation
• This research report categorizes the
  nematicides market, based on type,
  formulation, crop type, mode of application,
  nematode type, and region
• By Type

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• Organophosphates
• Carbamates
• Other types (acetoprole, benclothiaz, DBCP, and
  chitosan)
• By Formulation
• Granular
• Liquid
• Other Formulations
• By Nematode Type

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• South America
• Rest Of the World (Row)
• By Mode of Application
• Drenching
• Soil Dressing
• Seed Treatment
• Fumigation
• Other Mode of Application (dripping and
  sprinklers)
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