Nematicides Market by Type (Fumigants, Organophosphate, Carbamate, Bio-based), by Crop (Vegetables, Field Crops, Fruits, Others), by Formulation (Liquid, Granular or Emulsifiable Liquid, Others), by By Type (Fumigants, Organophosphate, Carbamate, Bio-based) Forecast 2024-2032
The Nematicides Market size was valued at USD 1.50 USD billion in 2023 and is projected to reach USD 3.27 USD billion by 2032, exhibiting a CAGR of 11.78 % during the forecast period. Nematicides are chemicals or biological agents that target nematodes which are small worms destroying plants. Chemical nematicides cover such substances as carbamates, organophosphates, and fumigants, while the other nomenclature consists of living things like those used in the biological nematicides (microorganisms and/or their utilization). These drugs can be via disturbing nematode development or shutting off them. Nematicides find a place within agriculture to protect the crop from the nematode parasite, which in turn makes yields increase and ensures food security The degree of effectiveness will shift with the nematode species, as well as the environmental background. Spreading insecticides and fertilizers correctly is important to realize the full effect and safety issues. Briefly, nematicides have implemented the essential aim of battling nematode-induced crop reductions and food sustainability.
Type:
Crop:
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The Asia-Pacific region holds a commanding market share due to its extensive agricultural landscapes and high prevalence of nematodes. China and India are the major contributors to the region's dominance. North America and Europe also exhibit significant market growth owing to advanced agricultural practices and the presence of key nematicide manufacturers.
South America is projected to witness a steady growth trajectory, driven by expanding agricultural production and increasing awareness of nematode management. Africa, with its vast agricultural potential, is poised for future growth as it embraces modern farming techniques and seeks to enhance crop yields.
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 11.78% from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 11.78% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
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