Polaris Market Research today announced findings from its latest report, projecting the global nematicide market to grow from USD 1,966.50 million in 2022 to USD 5,017.71 Million by 2032, at a CAGR of 9.8%. The report profiles 19 leading companies across four segmentation lenses: type, crop, formulation, and region.
Analyst Commentary on Nematicide Market Growth
“Nematode infestations are spreading while demand for high-value fruits and vegetables keeps rising, and that combination is accelerating market growth as growers look for effective, sustainable crop protection,” said a senior analyst at Polaris Market Research. “The clearest opportunity lies in bio-based nematicides and advanced liquid formulations, which align with integrated pest management and tightening environmental expectations.”
Nematicide Market Statistics at a Glance
- 2022 Market Size: USD 1,966.50 million
- 2023 Market Size: USD 2,156.07 million
- 2032 Projected Size: USD 5,017.71 million
- CAGR (2023–2032): 9.8%
- Largest Region (2022): North America
- Fastest-Growing Region: Asia Pacific
- Largest Type (2022): Fumigants; Fastest-Growing Type: Bio-based
Key Growth Drivers, Major Companies and Segments Covered
Growth Drivers: Rapidly spreading nematode infestations, rising demand for high-value crops such as vegetables and fruits, and growing environmental and health concerns over synthetic agri-inputs are the primary forces behind the market’s expansion, alongside growing demand for bio-based nematicides and integrated pest management. Government support for alternatives to conventional synthetic pesticides adds momentum. In August 2021, Sumitomo Chemical unveiled Aveo, a bionematicide for seed treatment in Brazil, and in March 2022 BIOCONSORTIA introduced two microbial nematicides for row crops. Varying government regulations remain the main restraint, and pandemic-era supply chain disruption, labor shortages, and scarce raw materials also weighed on manufacturers.
Major Companies Covered: Bayer AG, UPL Limited, FMC Corporation, Corteva Agriscience, Syngenta, BASF SE, Sumitomo Chemical, Nufarm Limited, Marrone Bio Innovations, American Vanguard Corporation, Adama Agricultural Solutions, Certis Biologicals, Agri Life, Bio Huma Netics, Horizon Group, Vive Crop Protection, Ecowin, Isagro S.p.A., and Real IPM Kenya.
Segments Covered: By Type (Fumigants, Organophosphate, Carbamate, Bio-based), By Crop (Vegetables, Field Crops, Fruits, Others), By Formulation (Liquid, Granular/Emulsifiable Liquid, Others), and By Region. Fumigants accounted for the largest type share in 2022 on their efficiency against soil-borne pests, while bio-based products are expected to grow fastest as farmers recognize their eco-friendliness and cost-effectiveness. Fruits are projected to hold the largest crop share as nematodes cause root damage in orchards. Liquid formulations dominated in 2022 and are expected to grow fastest thanks to ease of application, convenient handling and transport, and lower risk of spoilage or wastage from contamination.
𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐓𝐡𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐞𝐫𝐞 :
https://www.polarismarketresearch.com/industry-analysis/nematicide-market
Recent Developments in the Nematicide Market
- March 2025: FMC Corporation expanded its biological crop protection platform in Canada through a collaboration with Novonesis.
- February 2025: BASF pre-launched Votivo Prime, a biological contact nematicide based on Bacillus firmus strain I-1582, at the EnBio event in Argentina.
- January 2025: American Vanguard, through AMVAC, signed a regional distribution agreement with DPH Biologicals to expand its GreenSolutions biocontrol portfolio.
- February 2024: Corteva Agriscience introduced Salibro nematicide in India to control nematodes while supporting soil health.
- December 2023: Syngenta launched Certano, a microbiological bionematicide and its first biological product developed for sugarcane.
Regional Snapshot: North America Leads, Asia Pacific Fastest-Growing
North America led in 2022 and is expected to hold its position, supported by declining arable land, high awareness of product benefits, and strong use of bionematicides as organic farming and organic food demand rise in the U.S. and Canada. Asia Pacific is projected to be the fastest-growing region, driven by expanding cultivation of high-value vegetables and fruits, nematode attacks on maize, soybean, and coffee, and a strong base of active suppliers. The report also covers Europe, Latin America, and the Middle East & Africa, with country-level analysis across Germany, France, Brazil, India, China, and Saudi Arabia, among others.
Why It Matters for Buyers Evaluating Crop Protection Sourcing
For stakeholders researching the top companies and the Nematicide market forecast to 2032, the underlying report benchmarks market share, company positioning, and segment-level forecasts to support sourcing, partnership, and investment decisions through 2032.
With regulation, sustainability, and biological innovation reshaping crop protection, the report’s Porter’s Five Forces, value chain, and PESTEL analysis help producers, distributors, and investors identify where bio-based products and liquid formulations are most likely to pay off. Segment revenue is tracked from 2019 to 2032.
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