In terms of value, Nematicides Market is projected to reach $3.58 billion by 2030, at a CAGR of 8.9% during the forecast period of 2023–2030. In terms of volume, the nematicides market is projected to reach 182,932.2 tons by 2030, at a CAGR of 8.5% during the forecast period of 2023–2030. The growth of the nematicides market is driven by the rising demand for organic foods, growing environmental concerns, and market players’ focus on product launches and acquisitions. However, the lack of awareness and low adoption of bionematicides and stringent and non-standardized regulations restrain the growth of this market.
Moreover, emerging markets in Asia-Pacific and Latin America and the growing adoption of biological seed treatments are expected to generate growth opportunities for the players operating in this market. However, the limited availability of bionematicides is a challenge for market stakeholders. Additionally, the growing utilization of sustainable agricultural inputs is a major trend in the nematicides market.
Here are the top 10 companies operating in the Nematicides Market
Bayer is an agro-tech company that emphasizes the development of technology in agriculture by providing crop protection, biotechnology research, and agriculture technology solutions to farmers in transforming their farming business. The company operates through three business segments: Pharmaceuticals, Crop Science, and Consumer Health. The company offers nematicide products through its Crop Science segment. The company also offers products, including fungicides, herbicides, insecticides, seeds, and seed growth solutions, and services for sustainable agriculture.
Some of its subsidiaries are DeKalb Genetics Corporation (U.S.), Seminis (U.S.), Asgrow Seed Co LLC (U.S.), and Monsanto Technology LLC (U.S.). With its subsidiaries and strong distribution network in more than 83 countries, the company has a geographical presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Syngenta AG
Syngenta is a global provider of agricultural science and technology. The company operates through two segments: Crop Protection and Seeds. The crop protection segment provides nematicides, fungicides, herbicides, plant growth regulators, seed treatment, and insecticides. The company operates in the high-value commercial sectors of field crops (including corn, oilseeds, cereals, and sugar beet) and vegetables.
With its subsidiary and strong distribution network in more than 100 countries, the company has a geographical presence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
BASF is involved in the manufacturing and supplying of various products. The company operates through six business segments: Chemicals; Materials; Industrial Solutions; Surface Technologies; Nutrition & Care; and Agricultural Solutions. The company provides nematicides through its Agricultural Solutions segment. The company provides its products for agriculture, automotive & transportation, chemicals, coatings solutions, construction, electronics & electric, energy & resources, furniture & wood, nutrition, personal care & hygiene, pharmaceuticals, and other industries.
With its subsidiaries and strong distribution network in more than 90 countries, the company has a geographical presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Corteva, Inc.
Corteva became an independent public company on June 1, 2019, and was previously the Agriculture Division of DowDuPont. The company offers seeds and crop protection products, software solutions, and digital services. Corteva operates through two segments: Seed and Crop Protection. Its Crop Protection segment offers herbicides, fungicides, insecticides, nematicides, biologicals, and seed-applied technologies. The company also offers various natural products, such as biologicals. The biologicals portfolio from Corteva helps farmers meet these standards with products that can often be used right up until harvest to control diseases and pests when maximum residue limits are a concern.
With its subsidiaries and a strong distribution network in more than 140 countries and 100 manufacturing and production units, the company has a geographical presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
UPL is engaged in the manufacturing and marketing of agrochemicals, industrial chemicals, chemical intermediates, and specialty chemicals across the globe. The company operates through six business segments: Seeds, Crop Protection, Plant Stress and Simulation, Post-Harvest Solutions, Aquatics, and Soil Health and Water Technologies. Its crop protection business segment offers various products, including soil and seed health, fungicides, herbicides, ProNutiva, nematicides, insecticides, adjuvants, and acaricides. In October 2013, the company changed its name from United Phosphorus Limited to UPL Limited.
With 44 manufacturing facilities and 1,238 product formulations, the company has a geographical presence in more than 138 countries across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Meticulous Research in its latest publication on Nematicides Market has predicted the growth of 8.9% during the forecast year 2023-2030.
FMC Corporation
FMC Corporation is a chemical company that specializes in agricultural crop protection products. The company’s agricultural solutions segment develops, manufactures, and sells crop protection solutions, including both synthetic and biological, such as insecticides, nematicides, herbicides, fungicides, and biostimulants that are used in agriculture to enhance crop yield by controlling a range of insects, weeds, and diseases, as well as in non-agricultural markets for pest control. The company operates through five business segments: Insecticides, Herbicides, Fungicides, Plant Health, and Others.
FMC operates in more than 50 countries and has a geographical presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
American Vanguard Corporation manufactures chemical, biological, and biorational products and markets solutions for agricultural, commercial, and consumer uses. The company’s product portfolio includes insecticides, nematicides, fungicides, herbicides, soil health, plant nutrition, molluscicides, growth regulators, and soil fumigants.
The company has a geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Sumitomo Chemical Co., Ltd.
Sumitomo Chemical is a chemical company that offers a diverse range of chemical products. The company operates through five business segments: Essential Chemicals & Plastics, Energy & Functional Materials, IT-related Chemicals, Health & Crop Sciences, and Pharmaceuticals. The company offers nematicides through its Health & Crop Sciences business segment. The Health & Crop Sciences segment manufactures and sells crop protection chemicals, fertilizers, feed additives, household insecticides, products to control infectious diseases, and active pharmaceutical ingredients and intermediates.
The company also offers nematicide products through Valent BioSciences LLC (U.S.), a wholly-owned subsidiary of Sumitomo Chemical. Valent BioSciences is involved in the research, development, and commercialization of highly effective, low-risk, and environmentally compatible technologies and products for agriculture, public health, and forest health.
With its subsidiaries and a strong distribution network, the company has a geographical presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Nufarm develops, manufactures, and sells crop protection solutions, including herbicides, insecticides, and fungicides, that protect crops against weeds, pests, and diseases. The company operates through two business segments: Crop Protection (Non-selective Herbicides, Other Selective Herbicides, Phenoxies, Fungicides, and Insecticides) and Seed Technology. The company offers nematicide products through the Seed Technologies segment. The crop protection segment deals in manufacturing and selling crop protection products used by farmers to protect crops from damage caused by weeds, pests, and disease.
The Seed Technologies segment deals with the seed treatment portfolio and the Nuseed business. The seed treatment products offered by the company provide protection and treatment for damage caused by insects, fungi, and plant diseases. The company’s offerings focus on five core crops: cereals, vines and vegetables (trees, nuts), corn, pasture (turf & ornamental), and soybean.
With its subsidiaries and a strong distribution network, the company has a presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Biobest Group NV
Biobest develops biological crop protection, pollination, disease and pest control, scouting, and hive accessories. The company offers a wide range of integrated pest management solutions, including beneficial insects, predatory mites, bumblebees, insect pathogenic nematodes, biopesticides, biostimulants, and pheromone products.
Biobest Group NV is a part of Floridienne S.A. (Belgium). Floridienne operates through three business segments, namely Life Sciences, Food, and Chemicals. The company offers Biobest integrated pest management solutions through the Life Sciences business segment.
The company has a network of 40 subsidiaries, 16 plants, and has a distribution network in more than 72 countries. The company has a geographic presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Authoritative Research on the Nematicides Market – Global Opportunity Analysis and Industry Forecast (2023-2030)
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