The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The nematicides market has experienced robust growth in recent years, with its size escalating from $1.57 billion in 2023 to a projected $1.7 billion in 2024, reflecting a compound annual growth rate (CAGR) of 7.9%. This growth surge in the historic period can be attributed to several factors:

• Crop Protection and Agricultural Productivity
• Soil Health Maintenance
• Global Food Demand
• Regulatory Support

Looking Ahead: Projections and Factors Driving Growth
The trajectory of the nematicides market is poised for continued expansion, with expectations to reach $2.31 billion by 2028, boasting a CAGR of 8.0%. In the forecast period, the following factors are anticipated to fuel growth:

• Organic Farming Initiatives
• Precision Agriculture Adoption
• Climate Change Impacts
• Integrated Pest Management (IPM) Strategies
• Rise in Alternative Pest Control Methods

Surging Demand For High-Value Crops Fuels Growth In The Nematicides Market
The escalating demand for high-value crops emerges as a significant driver propelling the nematicides market forward. High-value crops, including vegetables, potatoes, hybrid maize, fruits, and spices, promise better net returns per hectare compared to high-yielding winter rice. Notable insights driving this surge include:

• Export Criteria for High-Value Agricultural Products
• Increased Demand for Vegetables
• Rise in Sales of Fresh Produce

View More On The Nematicides Market Report 2024 – https://www.thebusinessresearchcompany.com/report/nematicides-global-market-report

Technological Advancements To Sustain Market Position
Technological advancements stand out as a pivotal trend reshaping the landscape of the nematicides market. Key players in the sector are actively engaged in developing innovative technological solutions to fortify their market standing. Noteworthy advancements include:

• Introduction of TYMIRIUM Technology Platform by Syngenta
• Strategic Acquisitions and Investments in Research & Development

ADAMA Ltd. Secures Majority Stake In Jiangsu Huifeng Bio Agriculture Co., Ltd., Bolstering Its Position In The Chinese Crop Protection Industry
In May 2021, ADAMA Ltd., an Israel-based manufacturer, and distributor of crop protection products, acquired a 51% stake in Jiangsu Huifeng Bio Agriculture Co., Ltd., a major player in the Chinese crop protection industry. This strategic move is poised to enhance ADAMA’s commercial presence in China.

Segmentation Insights
The nematicides market is segmented based on various parameters:

1. By Type: Fumigants, Bio Nematicides, Organophosphates, Carbamates, Other Types
2. By Form: Granular or Powder, Liquid
3. By Crop Type: Fruits and Vegetables, Oilseeds, Cereals and Grains, Other Crop Types
4. By Application: Fumigation, Soil Dressing, Drenching, Seed Treatment, Other Applications

Regional Dynamics
In 2023, North America emerged as the largest region in the nematicides market. However, Asia-Pacific is expected to witness the fastest growth in the forecast period.

Request A Sample Of The Global Nematicides Market Report 2024:
https://www.thebusinessresearchcompany.com/sample_request?id=6061&type=smp

The Nematicides Global Market Report 2024  provides comprehensive insights on the nematicides market size, trends and drivers, opportunities, strategies, and competitor analysis. The countries covered in the nematicides market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –
Emulsifiers Global Market Report 2024
AgroScience Global Market Report 2024
Agricultural Implement Global Market Report 2024

Learn More About The Business Research Company
The Business Research Company has published over 3000+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info

Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model