“Top 10 Companies in Nematicides Market”
Added: (Wed Nov 29 2023)
Pressbox (Press Release) -
The global Nematicides Market is anticipated to witness substantial growth, with a projected value of $3.58 billion by 2030, showcasing a robust Compound Annual Growth Rate (CAGR) of 8.9% during the forecast period from 2023 to 2030.
In terms of volume, the market is expected to reach 182,932.2 tons by 2030, growing at a CAGR of 8.5%. The surge in demand for organic foods, coupled with increasing environmental concerns, is driving market growth, with key players focusing on strategic product launches and acquisitions. However, challenges such as low adoption of bionematicides and regulatory constraints are expected to hinder the market's progress.
Key Growth Drivers:
Rising demand for organic foods
Growing environmental concerns
Focus on product launches and acquisitions by market players
Emerging markets in Asia-Pacific and Latin America
Adoption of biological seed treatments
Challenges:
Lack of awareness and low adoption of bionematicides
Stringent and non-standardized regulations
Opportunities:
Growth potential in Asia-Pacific and Latin America markets
Increasing adoption of biological seed treatments
Top 10 Companies Shaping the Nematicides Market: https://meticulousblog.org/top-10-companies-in-nematicides-market/
Bayer AG: A leading agro-tech company with a focus on crop protection, biotechnology research, and agriculture technology solutions.
Syngenta AG: A global provider of agricultural science and technology, operating in crop protection and seeds segments.
BASF SE: Engaged in manufacturing and supplying various products, including nematicides through its Agricultural Solutions segment.
Corteva, Inc.: Offers seeds, crop protection products, software solutions, and digital services, with a strong global presence.
UPL Limited: Manufacturer and marketer of agrochemicals, industrial chemicals, and specialty chemicals globally.
FMC Corporation: Specializes in agricultural crop protection products, including insecticides, nematicides, herbicides, and biostimulants.
American Vanguard Corporation: Manufactures chemical, biological, and biorational products for agricultural, commercial, and consumer uses.
Sumitomo Chemical Co., Ltd.: Diverse chemical company offering nematicides through its Health & Crop Sciences segment.
Nufarm Limited: Develops, manufactures, and sells crop protection solutions, including nematicides, herbicides, and fungicides.
Biobest Group NV: Specializes in biological crop protection, pollination, disease and pest control, with a global presence.
The Nematicides Market is expected to witness a major trend in the growing utilization of sustainable agricultural inputs. Furthermore, the limited availability of bionematicides poses a challenge for market stakeholders. Companies are focusing on comprehensive integrated pest management solutions, including beneficial insects, predatory mites, and biopesticides.
For more in-depth insights into the Nematicides Market, refer to the comprehensive report by Meticulous Research®:
Download Free Sample Report:- https://www.meticulousresearch.com/download-sample-report/cp_id=3687
Nematicides Market – Global Opportunity Analysis and Industry Forecast (2023-2030). The report covers recent financial performance, key products, significant company strategies, partnerships, acquisitions, and a detailed analysis of each company mentioned.
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