New York, US, Aug. 17, 2022 (GLOBE NEWSWIRE) — Market Overview
According to a Comprehensive Research Report by Market Research Future (MRFR), “Nematicides Market Information by Type, Form, Crop Type, Mode of Application, and Region- Forecast till 2030”, the market is estimated to acquire a size of over USD 2.1 billion by the end of 2030. The report further predicts the market to thrive at a healthy CAGR of over 4.69% during the review timeframe.
Market Synopsis
Nematicides are a pesticide used to eliminate nematodes, which are extremely proliferative plant parasites. As a result, their demand is rising in various agricultural, industrial, and other uses. The need for high-yielding crops to meet the world’s food needs has inversely increased in response to a decline in fertile and arable land. Due to the need to increase crop protection and enhance the yield quality from short crops, this factor has significantly increased the demand for nematicides. More than 15,000 different species of roundworms are collectively referred to as nematodes in science. Nematode species that destroy crops are typically quite small.
Nematodes can severely harm plants by consuming their fruits and blossoms, affecting yield. To manage and eliminate nematodes, utilize nematicides. The global nematicides market is anticipated to develop as a result of nematicides’ ability to boost nutrient uptake and water use efficiency, which lowers the cost of fertilizers and…
