South America Nematicides Market Size (2024 - 2029)

South America Nematicides Market Size Summary

The South America nematicides market is experiencing growth driven by the increasing prevalence of nematode infestations in key crops such as soybean, coffee, and maize. This rise in demand is largely due to poor soil management practices and the double cropping pattern, which have made these crops more susceptible to nematode attacks. The market is witnessing a notable shift towards bio-based nematicides, particularly in countries like Chile, where products are being used extensively on crops such as tomatoes. Major industry players, including Syngenta International AG, are actively catering to the needs of farmers in the region by offering targeted nematicide solutions. The vegetable segment holds a significant share of the market, with nematodes impacting crops like tomatoes and tobacco in Argentina, leading to reduced yields and driving the demand for effective nematicide products.

In Brazil, the nematicide market is bolstered by the presence of nematodes in regions like the Brazilian Cerrado and Savanna, where key crops such as soybeans, sugarcane, and coffee are cultivated. Inadequate crop rotation practices have created a conducive environment for nematode proliferation, prompting the need for effective control measures. Major nematode species in these soils include Heterodera, Pratylenchus, and Meloidogyne. Leading companies such as Syngenta, FMC, Bayer CropScience AG, and Adama Ltd are dominating the market, with product innovation being a key strategy to enhance their market position. For instance, FMC's launch of Rugby 200 CS nematicide specifically targets nematode attacks on soybean crops in Brazil, reflecting the ongoing efforts to address the challenges posed by nematodes and boost market growth.