The Nematicides Market is set to show a growth rate of about 5.5% during the forecast period (2025-2033F).
A nematicide is a form of chemical or biological substance specifically formulated to manage or destroy plant-parasitic nematodes, or microscopic roundworms that infest the roots of agricultural crops, reducing their growth and yield, as well as lowering their quality. Nematicides may also be synthetic, naturally occurring, or bio-based products, and their application can be in the form of soil treatment, seed coating, or foliar sprays. They act by interfering with the nervous system, metabolism, or reproductive system of the nematodes.
The global nematicide market is on an upward trend because of the increasing threat of the plant-parasitic nematodes that result in significant losses of yield and quality of important crops, including cereals, fruits, and vegetables, and commercial crops. The increasing world food demand, coupled with the need to have sustainable agriculture, is pushing farmers to use efficient nematode management practices. Also, the innovation of bio-based and environmentally friendly nematicides, combined with government subsidies for using crop protection systems, is driving market growth. The rise of high-value crops, the use of modern methods of farming, and raising awareness regarding integrated pest management are also contributing to the increase in the demand for nematicides across the globe.
List of Top Companies Operating in Nematicides Worldwide:
The global nematicides market has several major players, including Bayer AG, BASF SE, American Vanguard Corporation, Sumitomo Chemical Co., Ltd., and Novonesis Group. More information about these companies has been provided below:
1. Bayer AG
Bayer Aktiengesellschaft operates as a life science company worldwide. The company operates through Pharmaceuticals, Consumer Health, and Crop Science segments. The company's Crop Science segment offers chemical and biological crop protection products, improved plant traits, seeds, digital solutions, and pest and weed management products, as well as customer services for agriculture. It also engages in the breeding, propagation, and production/processing of seeds, including seed dressing. The company distributes its products through wholesalers, pharmacies and pharmacy chains, supermarkets, online and other retailers, and hospitals, as well as directly to farmers.
2. BASF SE
BASF SE operates as a global chemical company. It operates through six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition Care, and Agricultural Solutions. The agricultural solutions segment provides seeds and traits, and seed treatment products; fungicides, herbicides, insecticides, and biological crop protection products; and digital solutions. The company engages in engineering and other rental and leasing and commodity trading activities.
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3. American Vanguard Corporation
American Vanguard Corporation, through its subsidiaries, develops, manufactures, and markets chemical, biological and biorational products for agricultural, commercial, and consumer uses in the United States and internationally. It synthesizes and formulates chemicals, and ferments and extracts microbial products, including insecticides, fungicides, herbicides, soil health, plant nutrition, molluscicides, growth regulators, soil fumigants, and biorationals in liquid, powder, and granular forms for crops, turf, ornamental plants, and human and animal health protection. The company also markets, sells, and distributes end-use chemical and biological products for crop applications, and distributes products for turf and ornamental markets. It distributes its products through national distribution companies, buying groups or co-operatives, and through sales offices, sales force executives, sales agents, and wholly owned distributors.
4. Sumitomo Chemical Co., Ltd.
Sumitomo Chemical Company, Limited engages in Agro Life Solutions, ICT Mobility Solutions, Advanced Medical Solutions, Essential Green Materials, and Sumitomo Pharma. The Agro Life Solutions segment offers crop protection chemicals, fertilizers, agricultural materials, household insecticides, products for control of infectious diseases, and feed additives. The Sumitomo Pharma segment offers small-molecule pharmaceuticals. Sumitomo Chemical Company, Limited was founded in 1913 and is headquartered in Tokyo, Japan.
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5. Novonesis Group
Novonesis Group is a global leader in bio-solutions, formed in January 2024 through the merger of Novozymes and Chr. Hansen. The company specializes in harnessing the power of microorganisms to develop sustainable products across various industries, including agriculture, food, and health. In the agricultural sector, Novonesis offers a range of bio-solutions aimed at enhancing soil and plant health. These products help farmers improve plant growth, increase crop yields, and manage pests and diseases more sustainably.
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