Nematicides Market is expected to reach US$ 3.84 Billion by 2031


PRESS RELEASE BY The Insight Partners 18 Apr 2024

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Increasing Demand for High-Yield and High-Quality Agricultural Produce Fuels Nematicides Market Growth

According to our latest study on " Nematicides Market Size and Forecast (2021–2031), Global and Regional Growth Opportunity Analysis – by Nematode Type, Nematicides Type, Mode Application, Farming Type, and Crop Type," the market value is expected to surge from US$ 2.01 billion in 2024 to US$ 3.84 billion by 2031; the market is estimated to register a CAGR of 9.8% during 2025–2031. The nematicides market report highlights factors driving the growth of the nematicides market and prominent players, along with their developments in the market.

One of the primary drivers propelling the nematicides market growth is the increasing global demand for high-yield and high-quality agricultural produce amid shrinking arable land and rising population pressure. With global food security becoming a concern, farmers and agribusinesses are intensifying efforts to protect crops from pests, particularly nematodes—microscopic roundworms that damage plant roots, reduce nutrient uptake, and compromise yields. Nematode infestations can lead to economic losses in crops such as soybeans, potatoes, tomatoes, bananas, and sugar beets. As a result, the demand for effective nematode management solutions is escalating. The shift toward sustainable farming practices and integrated pest management (IPM) is influencing the adoption of newer, safer, and more environmentally friendly nematicide formulations. Bio-based nematicides are gaining traction due to regulatory pressure against highly toxic chemical variants and consumer awareness of food safety and environmental sustainability. In tandem, advancements in agricultural technologies—such as precision farming and soil health monitoring- enable more targeted and efficient use of nematicides, reducing waste and improving efficacy. Commercializing high-value crops and expanding protected cultivation systems (e.g., greenhouses, vertical farming) amplifies the need for nematode control to ensure consistent productivity and quality. Emerging economies, particularly in the Asia Pacific and Latin America, are witnessing the adoption of crop protection chemicals as part of modernizing their agricultural sectors. Overall, the combination of economic imperatives, technological innovation, evolving regulatory frameworks, and ecological concerns reinforces the importance of nematicides in global agriculture. This multifaceted demand sustains robust growth in the nematicides market.

Nematicides Market Breakdown – By Region

Nematicides Market Breakdown – By Region


Nematicides Market Scope, Growth, Size by 2031

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Nematicides Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Nematode Type (Root Knot, Cyst, and Others), Nematicides Type (Chemicals and Biologicals), Mode Application (Fumigation, Seed Treatment, Soil Treatment, and Others), Farming Type (Open Field and Greenhouse), and Crop Type (Fruits and Vegetables [Tomato, Peppers, Potato, Carrots, Strawberries, and Others], Grains and Cereals [Wheat, Maize, Rice, Barley, Sorghum, and Others], Pulses and Oilseeds [Soybean, Sunflower, Beans, Canola, and Others], and Others)

The nematicides market analysis has been performed by considering the following segments: nematode type, nematicide type, mode of application, farming type, and crop type. Based on the nematode type, the market is segmented into root knot, cyst, and others. The cyst segment is expected to register a significant CAGR from 2025 to 2031. Per nematicide type, the nematicides market is bifurcated into chemicals and biologicals. The chemicals segment held a significant Treshare in 2024. Based on the mode of application, the market is segmented into fumigation, seed treatment, soil treatment, and others. The seed treatment segment is expected to register a significant CAGR from 2025 to 2031. Per farming type, the nematicides market is bifurcated into open field and greenhouse. The open field segment held a significant nematicides market share in 2024. By crop type, the market is segmented into fruits and vegetables, grains and cereals, pulses and oilseeds, and others. The fruits and vegetables segment is expected to register a significant CAGR from 2025 to 2031.

The cyst segment holds a significant share in the nematicide market due to the persistent and damaging nature of cyst nematodes, which form protective cysts that can survive in soil for years. These pests, particularly harmful to crops such as soybeans, potatoes, and sugar beets, reduce root efficiency and yield. Rising awareness among farmers and advancements in targeted nematicide formulations drive demand in this segment. Increasing infestation cases, especially in North America and Europe, contribute to the segment's steady growth.

In terms of revenue, the Asia Pacific dominated the nematicide market share in 2024. China contributes significantly to the nematicide market growth in APAC. The demand for nematicides in the nation is driven by its large-scale agricultural activities and focus on improving crop productivity. With a vast population to feed and limited arable land, Chinese farmers are under pressure to maximize yields, making crop protection a critical priority. Nematode infestations, particularly in high-value crops such as vegetables, fruits, and tobacco, are becoming more prevalent, prompting greater adoption of nematicides. The Chinese government is actively promoting modern and sustainable farming practices, including integrated pest management (IPM), which supports the use of chemical and biological nematicide solutions. Domestic production of nematicides is expanding, supported by advancements in agricultural technology and R&D investment. Further, rising awareness about soil health and food safety encourages the use of environmentally friendly and bio-based nematicides. As a result, China is expected to remain a key contributor to the global nematicides market in the coming years.

One prominent trend is the growing demand for bio-based and microbial nematicides, as farmers and regulators seek alternatives to traditional chemical solutions that pose risks to human health and the environment. Another trend is the advancement in formulation technologies, leading to more efficient, targeted, and long-lasting nematicide products. Precision agriculture enables farmers to apply nematicides more accurately, reducing usage and minimizing environmental impact. Additionally, integrated pest management (IPM) practices are gaining traction, encouraging the combined use of biological and chemical controls for better nematode management. Expansion of high-value crops under protected cultivation, particularly in the Asia Pacific and Latin America, further drives demand. Overall, nematicides market trends reflect a clear move toward innovation, sustainability, and efficiency in addressing the growing threat of nematode infestations worldwide.

The nematicides market forecast can help stakeholders plan their growth strategies effectively. Bayer AG, BASF SE, Syngenta AG, FMC Corp, UPL Ltd, Corteva Inc, Nufarm, ADAMA LTD, Certis USA LLC, American Vanguard Corporation, VIVE CROP PROTECTION, ISHIHARA SANGYO KAISHA LTD, Valent Biosciences LLC, Pro Farm Group, and T.Stanes and Company Limited are among the prominent players profiled in the nematicides market report. These market players are focusing on providing high-quality products to fulfill customer demand. To stay competitive, they are adopting strategies such as product launches, capacity expansions, partnerships, and collaborations. In August 2022, Syngenta's TYMIRIUM® technology was approved in Argentina, providing farmers with a novel nematicide and fungicide for seed and soil use. It offers long-lasting protection against nematodes and soil-borne diseases, particularly Fusarium species. The technology is simple to apply, compatible with crop inputs, and preserves soil biodiversity and health.

The nematicides market is segmented on the basis of nematode type, nematicide type, mode of application, farming type, crop type, and geography. Based on nematode type, the market is segmented into root knot, cyst, and others. By nematicide type, the nematicides market is bifurcated into chemicals and biologicals. Based on the mode of application, the market is divided into fumigation, seed treatment, soil treatment, and others. Per farming type, the nematicides market is bifurcated into open field and greenhouse. By crop type, the market is segmented into fruits and vegetables, grains and cereals, pulses and oilseeds, and others. The fruits and vegetables segment is sub-segmented into Tomato, Peppers, Potato, Carrots, Strawberries, and Others. The grains and cereals segment is segmented into wheat, maize, rice, barley, sorghum, and others. The pulses and oilseeds segment is divided into soybean, sunflower, beans, canola, and others.

By geography, the nematicides market is broadly segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. The market in North America is divided into the US, Canada, and Mexico. The market in Europe is classified into Germany, France, Italy, Greece, Portugal, Spain, the UK, and the Rest of Europe. The market in Asia Pacific is categorized into Australia, China, Japan, South Korea, New Zealand, and the Rest of Asia Pacific. The nematicides market in the Middle East & Africa is segmented into South Africa, Saudi Arabia, the UAE, Turkey, and the Rest of the Middle East & Africa. The market in South & Central America is divided into Brazil, Argentina, Colombia, and the Rest of South & Central America.

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