The global nematocide market size is expected to reach USD 2.33 billion in 2024 and reach USD 3.63 billion by 2029, growing at a CAGR of 9.3% from 2024 to 2029.
The market is showcasing evident potential in the mentioned forecasting period. The market continues to gain momentum with the rapid development in the fertilizer industry. A nematocide is a kind of chemical pesticide which is used to get rid of plant-parasitic nematodes. Nematocides are known to be broad-spectrum toxic substances that have high volatility and other features that promote migration through the soil.
Increasing industrialization that has resulted in a decrease of arable land is predicted to propel the market for nematocides. Hence the demand for high yielding crops has risen to. Also, the rising population leading to greater food demand is estimated to drive market growth. Moreover, the awareness of the benefits of nematicides is also responsible for the prospering market. However, environmental restrictions are predicted to hinder market growth.
REPORT COVERAGE:
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REPORT METRIC |
DETAILS |
|
Market Size Available |
2023 to 2029 |
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Base Year |
2023 |
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Forecast Period |
2024 to 2029 |
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CAGR |
9.3% |
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Segments Covered |
By Product, End Users and Region. |
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Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities |
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Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
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Market Leaders Profiled |
ASF SE, Bayer CropScience AG, Adama Agricultural Solutions Ltd, FMC Corporation, Monsanto, Syngenta AG, Dow AgroSciences, E.I. DU Pont De Nemours and Company, Valent among and Others. |
This research report on the nematocide market is segmented and sub-segmented into the following categories:
Global Nematocide Market - By Product:
Global Nematocide Market - By End Users:
Global Nematocide Market – By Regions:
The global nematocide market was dominated by North America. Asia Pacific is expected to show the highest CAGR during the forecast period.
KEY MARKET PLAYERS:
ASF SE, Bayer CropScience AG, Adama Agricultural Solutions Ltd, FMC Corporation, Monsanto, Syngenta AG, Dow Agrosciences, E.I. DU Pont De Nemours and Company, Valent among others. Are some of the market players dominating the global nematocide market.
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