IMARC Group, a leading market research company, has recently releases report titled “Nematicides Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global nematicides market growth, share, size, trends, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report HighlightsHow Big is the Nematicides Market?The global nematicides market size reached US$ 1.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.9 Billion by 2028, exhibiting a growth rate (CAGR) of 4.4% during 2023-2028.What are Nematicides?Nematicides are chemical substances or pesticides specifically designed to control or eliminate nematodes, which are microscopic worms that can cause damage to plants, crops, and agricultural systems. They work by various mechanisms to control nematode populations. They are applied to the soil before or during planting to target nematodes in the root zone. They can act as vectors for certain plant diseases, which transmit pathogens that can cause additional damage to crops.Request Free Sample Copy of This Report: https://www.imarcgroup.com/nematicides-market/requestsampleWhat are the growth prospects and trends in the nematicides industry?The increasing awareness about crop losses due to pest attacks represents one of the primary factors driving the demand for nematicides around the world. Moreover, the rising need for nematicides to enhance overall agricultural production and protect adequate food availability for the continuously growing global population is favoring the growth of the market.In addition, the growing usage of non-fumigant nematicides that can be applied before, during, or after planting through drip irrigation, soil drenching, or spraying onto the crop foliage to minimize population densities of nematodes and protect crops from damage is influencing the market positively.Apart from this, leading players are introducing bionematicides that are environment friendly, selective, less toxic, and safer to use. Along with this, significant growth in the agriculture industry and the increasing adoption of organic farming practices worldwide are strengthening the market growth.What is included in market segmentation?The report has segmented the market into the following categories:Breakup by Chemical Type: