Global Nematicides Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

Global Nematicides Market, Segmentation by Type

The Global Nematicides Market, Segmented by Type into Fumigants, Organophosphate, Carbamate, Bio-based.

Fumigants are broad-spectrum nematicide products where the active component transfers through the soil as a gas. Fumigants are not bound by soil or taken up by plants. Thus, they have a short period of residual pesticide activity and are highly effective compared to other types such as organophosphate and carbamate. In addition to killing plant-parasitic nematodes, they are effective against various soil-borne pests and pathogens. They are used to disinfect soil and reduce the risk of yield loss due to soil-borne pests in high-value crops like vegetables and fruits. Numerous advantages of fumigants are likely to support the segment's steady growth.

The bio-based segment is growing at the highest pace in the global market. The increasing popularity and adoption rate of bio-based nematocide products is predicted to be a favorable factor for market growth. The use of bio-based products is eco-friendlier and economical than chemical-based products, which is expected to increase the utilization of bio-based nematicide products in the forthcoming years.

Global Nematicides Market, Segmentation by Crop Type

Global Nematicides Market, Segmented by Crop Type into Vegetables, Field Crops, Fruits, and Others.

The vegetables segment is predicted to hold the largest market share due to the rising incidences of nematode infestation on numerous vegetables such as carrots, potatoes, and tomatoes. Nematode-infected roots become damaged and distorted, which hamper the quality and quantity of the product. Moreover, nematodes also aggravate the harmful effects of fungi and bacteria. Hence, vegetable crop growers use nematocide products to treat nematodes and avoid product losses. The increasing farmer inclination toward cultivating organic fruits, vegetables, and cereals is expected to boost the demand for bio-based nematicide products in the coming years.

The fruit segment is expected to witness significant growth, owing to the risk of plant-parasitic nematodes on the roots and leaves of fruit crops. Several types of nematodes are known to cause extensive root necrosis in fruit orchards, which results in significant economic losses. Major nematode pests that infect the fruit crop type are citrus, burrowing, and root-knot nematodes. Thus, nematode management is important for high yields and quality of fruit production, which further propels market growth.

Global Nematicides Market, Segmentation by Formulation

Global Nematicides Market , Segmented by Formulation into Liquid, Granular or Emulsifiable Liquid, and Others.

The global nematicides market is segmented by formulation into liquid, granular or emulsifiable liquid, and others. The liquid formulation is widely used due to its ease of application and efficient penetration into the soil, which ensures better efficacy in controlling nematodes. Liquid nematicides are preferred in crop protection as they can be easily mixed with irrigation systems or applied through spraying techniques. This form allows for uniform distribution, offering consistent results across large agricultural fields.

Granular or emulsifiable liquid formulations are another prominent segment, especially favored for their slow-release properties. These formulations offer long-lasting protection as they break down gradually, releasing active ingredients over an extended period. Granular nematicides are particularly beneficial for crops that require prolonged nematode control and are often used in soil treatments before planting. Their effectiveness is heightened by the ability to target the soil directly, providing localized treatment to infested areas.

The "others" segment includes various formulations such as powder and gas-based nematicides, which are employed in specific applications or regions. While not as common as liquid or granular formulations, these alternative types can be effective in unique agricultural settings or for certain types of nematodes. The development of new and innovative formulations is expected to drive the growth of this segment, catering to niche markets and specialized farming practices.

Global Nematicides Market, Segmentation by Application Mode

The Global Nematicides Market, Segmented by Application Mode into Chemigation, Foliar, Fumigation, Seed Treatment, and Soil Treatment.

The global nematicides market can be segmented based on the application mode, which plays a key role in determining the method by which nematicides are applied to crops. One of the primary segments is chemigation, where nematicides are mixed with irrigation water and applied directly to the soil through the irrigation system. This method is effective for treating large agricultural areas and ensures that the nematicide reaches the root zone where nematodes typically reside. Chemigation is widely used in regions with extensive irrigation infrastructure and is especially popular in crop production systems such as field crops and vegetables.

Another significant application mode in the nematicides market is foliar application. In this method, nematicides are sprayed onto the leaves of the plants. While foliar treatment is more commonly used for other types of pesticides, it can also target nematodes that affect the plant's surface or upper root systems. This application is usually adopted for crops like fruits and vegetables, where direct contact with the above-ground parts is necessary to control pest infestation. Foliar application is typically preferred in situations where rapid pest control is needed and when nematode damage is visible in the aerial parts of the plant.

Fumigation, seed treatment, and soil treatment are other important application methods in the nematicides market. Fumigation involves applying gaseous nematicides to the soil to target pests, and it is often used for high-value crops or in greenhouse environments. Seed treatment involves coating seeds with nematicides before planting, ensuring that the plants are protected from nematodes from the very beginning of their growth. Soil treatment, on the other hand, is applied directly to the soil to target nematodes in the soil itself, often through the use of granular or liquid formulations. This method is especially common in agriculture where nematodes affect the soil's health, leading to crop yield reduction. Each of these application methods has specific advantages depending on the crop type and level of nematode infestation.

Drivers:

• Growing Demand for Food Security
• Expansion of Commercial Agriculture
• Regulatory Support for Nematicide Use

• Rising Investment in R&D Activities to Support Market Growth:- The growing focus of key players on developing innovative and new crop protection solutions has influenced them to invest in research and development, positively impacting the market growth. For instance, in May 2020, Syngenta introduced the TYMIRIUM technology platform brand. It is a revolutionary nematocides and fungicide technology developed for seed and soil applications. Syngenta's investment in innovation, such as TYMIRIUM technology, demonstrates its commitment to providing farmers with tools that help them sustainably increase production.
  
  Rising investment in research and development (R&D) activities is a key driver for the growth of the global nematicides market. Companies are increasingly focusing on developing innovative nematicide formulations and technologies to enhance efficacy, reduce environmental impact, and meet regulatory requirements. This investment in R&D is driving the development of next-generation nematicides, which are expected to offer improved performance and sustainability compared to traditional products.

Restraints:

• Regulatory Restrictions
• Health Risks
• Development of Resistance

• High Environmental Risk Associated with the Use of Chemical Pesticides is Restricting Market Growth:- Pesticides are regarded as one of the most important components of agricultural production. Farmers have used them for centuries to control insects and weeds that reduce overall yield. Pesticide use has increased globally as agricultural production increased, raising concerns about environmental damage and calls to reduce the use of hazardous chemicals. However, repeated use of such chemically synthesized pesticides can negatively affect the environment and human health, potentially impeding the nematicides market growth.
  
  The high environmental risk associated with the use of chemical pesticides, including nematicides, is a significant restraint on the market. Concerns over the negative impact of these chemicals on ecosystems, non-target organisms, and human health have led to stricter regulations and a shift towards more sustainable pest management practices. This has limited the use of chemical nematicides and created opportunities for environmentally friendly alternatives, thereby restricting market growth.

Opportunites:

• Development of Bio-Based Nematicides
• Advancements in Formulation Technologies
• Expansion of Precision Agriculture

• Increasing Adoption of Integrated Pest Management (IPM) Practices:- The increasing adoption of Integrated Pest Management (IPM) practices presents significant opportunities for the nematicides market. IPM emphasizes the use of multiple strategies, including biological control, cultural practices, and chemical treatments, to manage pest populations effectively while minimizing environmental impact. Nematicides that are compatible with IPM principles and offer targeted control of nematodes are likely to see increased demand as farmers seek more sustainable pest management solutions.
  
  The adoption of IPM practices is driving the development of novel nematicide formulations and technologies. Manufacturers are investing in research and development to create nematicides that are effective, environmentally friendly, and compatible with IPM strategies. These innovative products have the potential to capture a larger market share as farmers increasingly prioritize sustainable agriculture practices.