Market Size of United States Nematicides Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 5.60 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
US Nematicides Market Analysis
United States Nematicides market is projected to grow at a CAGR of 5.6% during the forecast period (2020-2025). Owing to the presence of various nematode species attacking a wide range of economically important crops and awareness of farmers regarding the chemical nematicides application, the country has garnered the highest share in the North American market.
- In 2019, by chemical type, the fumigants segment dominated the market. Soil fumigation is the most widely accepted practice for crop treatment against nematodes. In United States, Meloidogyne, Heterodera, Tylenchulus, Rotylenchulus, and Protylenchulus are the common agricultural pest nematodes. Due to their high volatility, chemical fumigants are used in enclosed spaces, like greenhouses, warehouses, etc.
- Bayer AG, American Vanguard Corporation, Corteva Agriscience and Syngenta International AG are some of the major players who have their presence in the region.
US Nematicides Industry Segmentation
Nematodes are parasitic worms that feed on living material. They can often be detrimental to plant growth and health as they attack and feed on plant roots. It can infest on all parts of the plant leading to severe crop damages. Nematicides are a type of chemical pesticide that is used to kill nematodes.
Chemical Type | |
Halogen Compounds and Other Fumigants | |
Organophosphate | |
Carbamate | |
Bio-Based Nematicide |
Formulation | |
Gaseous Formulations | |
Liquid | |
Granules or Emulsifiable Liquid | |
Other Formulations |
Application Type | |
Grains & Cereals | |
Pulses & Oilseeds | |
Commercial Crops | |
Fruits & Vegetables | |
Other Application Types |
United States Nematicides Market Size Summary
The United States nematicides market is experiencing significant growth, driven by the prevalence of various nematode species that threaten economically important crops and the increasing awareness among farmers about the application of chemical nematicides. The country holds the largest share in the North American market, with the fumigants segment leading due to its widespread acceptance for soil treatment against nematodes. Common agricultural pest nematodes in the U.S. include Meloidogyne, Heterodera, Tylenchulus, Rotylenchulus, and Protylenchulus, with fumigants being utilized primarily in enclosed spaces like greenhouses and warehouses. Major industry players such as Bayer AG, American Vanguard Corporation, Corteva Agriscience, and Syngenta International AG are actively operating in the region, contributing to the market's expansion.
The management of nematodes in vegetable crops is crucial, as these crops offer higher returns compared to conventional ones. States like Florida and Georgia, leading producers of vegetables, rely heavily on nematicide applications to protect crops such as tomatoes, eggplants, and cucumbers from root-knot nematodes. The use of fumigant nematicides, including Telone II and Telone, has proven beneficial for vegetable growers, and this trend is expected to continue due to the economic importance of vegetable production. The demand for fumigation to control nematodes has been robust, particularly in Georgia, which is a top producer of various vegetables. The availability of numerous fumigant products is anticipated to further drive market growth, supported by the strategic expansions of key players like Bioworks Inc, which has enhanced its biological production capabilities in the U.S.
United States Nematicides Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Chemical Type
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2.1.1 Halogen Compounds and Other Fumigants
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2.1.2 Organophosphate
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2.1.3 Carbamate
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2.1.4 Bio-Based Nematicide
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2.2 Formulation
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2.2.1 Gaseous Formulations
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2.2.2 Liquid
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2.2.3 Granules or Emulsifiable Liquid
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2.2.4 Other Formulations
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2.3 Application Type
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2.3.1 Grains & Cereals
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2.3.2 Pulses & Oilseeds
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2.3.3 Commercial Crops
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2.3.4 Fruits & Vegetables
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2.3.5 Other Application Types
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United States Nematicides Market Size FAQs
What is the current United States Nematicides Market size?
The United States Nematicides Market is projected to register a CAGR of 5.60% during the forecast period (2024-2029)
Who are the key players in United States Nematicides Market?
American Vanguard Corporation, Bayer CropScience AG, Syngenta International AG, Adama Ltd and Nufarm Ltd are the major companies operating in the United States Nematicides Market.