Global Nematicide Market: Snapshot

Nematicide can be defined as chemical pesticide which is used to kill nematodes. Namotodes are parasitic worms which feeds on living material. These worms are found in soil or water. Nematodes feed on plant roots, which harms the plant growth further causing losses in vegetables, fruits, grains, oilseeds etc. Nematicide is highly toxicant in nature and has high volatile properties. Various forms are adopted to apply nematicide on crops. Nematicide can be used in solid, liquid and gaseous form. In the gaseous form the nematicide is dispersed through the spaces in soil, thus killing nematodes in that sprayed area. Nematicide in solid and liquid form can be applied on the surface or mixed with the soil.  

Fruits & vegetables and cereals & grains are the major crop type for the nematicide market. GDP, disposable income of the people, and the preference of the consumers have shifted towards consumption of quality food. The rising population in Asia Pacific has led to more demand for food stuff contributing to the expansion of nematicide market. Rapid technological advancements in the sectors like agriculture have highly impacted practices for conventional agriculture of irrigation and fumigation.

Nematicide is employed primarily on oilseeds & pulses, cereals & grains and fruits & vegetables. These insecticide protect the crops from harmful nematodes and keep it durable. The nematicide industry has been significantly impacted by globalization. Demand for technologically developed insecticide that deliver higher level of performance has been rising. These technologically developed products create value in the market. Technological developments are being carried out for cost reduction, improvement in quality of crops, and reduction in the environmental impact. Leading companies of nematicide market are primarily focusing on technological developments. Companies have established teams with technical expertise to lower the environmental burden caused by their products. The companies are also striving to improve quality with varied properties to attract customers. Increasing need for yield-enhancing agrochemicals led by food security concerns among booming global population and rising demand for fruits and vegetables and eventually fungicides due to changing dietary patterns are boosting the market for nematicide.

nematicide market

Market Likely to Benefit from Rising Demand from Quality Fruits and Vegetables

Global nematicide market are segmented into product such as fumigant, carbamate, organophosphate and others. Nematicide market is further bifurcated into crop such as oilseeds & pulses, cereals & grains, fruits & vegetables and others. Carbamate segment held a lower share in the market compared to fumigant segment across the globe.

Fruits & vegetables and cereal & grains are the major crops of the nematicide market. The fruits & vegetables segment held the leading share of the global market in 2016. Rise in demand for quality fruits & vegetables is likely to boost the market for nematicide market for fruits & vegetables. Increase in quality food requirements, rise in food safety regulations, are driving the nematicide market.

Rising Demand from North America to Augur Well

North America is one of the prominent regions in the global nematicide market. It held major share of the global market in 2016. The nematicide market in North America is anticipated to expand at a fast pace during the forecast period due to the rise in standard of living and growth in population in the region. North America and Europe follow Asia Pacific. The nematicide market in Middle East & Africa and Latin America held lower share in 2016. The nematicide market in these regions is estimated to anticipate expand at a sluggish pace during the forecast period.

Key players operating in the nematicide market are DowDuPont Inc, Bayer AG, Monsanto Company, Syngenta International AG, FMC Corporation, Nufarm Ltd.

Global Nematicide Market: Overview

Nematicide is a kind of pesticide used to control the growth of nematodes on various crops. Nematodes are parasites which affects the growth of crops by feeding on the plants roots and tissues. As with the damage caused by nematodes, nematicide companies are working towards technological development and launching new products in the market. Due to their volatile properties the companies have shifted their focus from manufacturing synthetic nematicide to natural nematicide.

The report estimates and forecasts the nematicide market on the global, regional, and country levels. The study provides forecast between 2017 and 2025 based on volume (Kilo Tons) and revenue (US$ Mn) with 2016 as the base year. The report comprises an exhaustive value chain analysis for each of the product segments. It provides a comprehensive view of the market. Value chain analysis also offers detailed information about value addition at each stage. The study includes drivers and restraints for the nematicide market along with their impact on demand during the forecast period. The study also provides key market indicators affecting the growth of the market. The report analyzes opportunities in the nematicide market on the global and regional level. Drivers, restraints, and opportunities mentioned in the report are justified through quantitative and qualitative data. These have been verified through primary and secondary resources.

Global Nematicide Market: Scope of the Study

The report includes Porter’s Five Forces Model to determine the degree of competition in the nematicide market. The report comprises a qualitative write-up on market attractiveness analysis, wherein applications and countries have been analyzed based on attractiveness for each region. Growth rate, market size, raw material availability, profit margin, impact strength, technology, competition, and other factors (such as environmental and legal) have been evaluated in order to derive the general attractiveness of the market. The report comprises price trend analysis for nematicide between 2017 and 2025.

The study provides a comprehensive view of the nematicide market by dividing it on the basis of product, crops and geography segments. The nematicide market has been segmented into product - fumigant, carbamate, organophosphate and others and based on crops the market is segmented into oilseeds & pulses, cereals & grains, fruits & vegetables and others. The segments have been analyzed based on historic, present, and future trends.

Secondary research sources that were typically referred to include, but were not limited to company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings. Other sources such as statistical databases and market reports, news articles, national government documents, and webcasts specific to companies operating in the market have also been referred for the report.

In-depth interviews and discussions with a wide range of key opinion leaders and industry participants were conducted to compile this research report. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. Key players’ product literature, annual reports, press releases, and relevant documents were reviewed for competitive analysis and market understanding. This helped in validating and strengthening secondary research findings. Primary research further helped in developing the analysis team’s expertise and market understanding.

Global Nematicide Market: Regional Outlook

Regional segmentation includes the current and forecast demand for nematicide in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). Additionally, the report comprises country-level analysis in terms of volume and revenue for application segments. Key countries such as the U.S., Canada, Germany, France, the U.K., Spain, Italy, India, China, Japan, Mexico, and Brazil have been included in the study. Market segmentation includes demand for individual applications in all the regions and countries.

Companies Mentioned in Report

The report covers detailed competitive outlook that includes market share and profiles of key players operating in the global market. Key players profiled in the report includes Syngenta International AG, DowDuPont Inc., Bayer AG, Monsanto Company, FMC Corporation, Nufarm Ltd. Company profiles include attributes such as company overview, number of employees, brand overview, key competitors, business overview, business strategies, recent/key developments, acquisitions, and financial overview (wherever applicable).

The global nematicide market has been segmented as follows:

Nematicide Market – Product Analysis

  • Fumigant
  • Carbamate
  • Organophosphate
  • Others

Nematicide Market – Crop Analysis

  • Oilseeds & Pulses
  • Cereals & Grains
  • Fruits & Vegetables
  • Others

Nematicide Market – Regional Analysis

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America