South America Nematicides Market Size (2024 - 2029)

The South America nematicides market is experiencing growth driven by increased demand due to nematode infestations affecting major crops like soybean, coffee, and maize. This demand is exacerbated by challenges such as poor soil management and double cropping patterns. Additionally, there is a notable interest in bio-based nematicides, particularly in countries like Chile, where they are commonly used on crops such as tomatoes.

Market Size of South America Nematicides Industry

Market snapshot
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 5.90 %
Market Concentration High

Major Players

South America Nematicides Market Major Players

*Disclaimer: Major Players sorted in no particular order

South America Nematicides Market Analysis

The South America Nematicides Market is projected to grow at a CAGR of 5.9% during the forecast period (2020-2025),

  • There is an increase in the demand for nematicides due to the rise in nematodes attacks on major crops such as soybean, coffee, maize, and others. These crops are easily infested by nematodes due to poor soil management and double cropping pattern.
  • The demand for bio-based nematicides is observed in countries such as Chile where its application is widely used on crops such as tomatoes. Key players like Syngenta international AG are offering nematicides products catering to the needs of farmers in this region.

South America 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
By Country
Brazil
Argentina
Rest of South America
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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.

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South America Nematicides Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

    3. 1.3 Market Restraints

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Chemical Type

      1. 2.1.1 Halogen Compounds and Other Fumigants

      2. 2.1.2 Organophosphate

      3. 2.1.3 Carbamate

      4. 2.1.4 Bio-Based Nematicide

    2. 2.2 Formulation

      1. 2.2.1 Gaseous Formulations

      2. 2.2.2 Liquid

      3. 2.2.3 Granules or Emulsifiable Liquid

      4. 2.2.4 Other Formulations

    3. 2.3 Application type

      1. 2.3.1 Grains & Cereals

      2. 2.3.2 Pulses & Oilseeds

      3. 2.3.3 Commercial Crops

      4. 2.3.4 Fruits & Vegetables

      5. 2.3.5 Other Application Types

    4. 2.4 By Country

      1. 2.4.1 Brazil

      2. 2.4.2 Argentina

      3. 2.4.3 Rest of South America

South America Nematicides Market Size FAQs

The South America Nematicides Market is projected to register a CAGR of 5.90% during the forecast period (2024-2029)

Bayer CropScience AG, Syngenta International AG, Adama LTD and Agrivalle are the major companies operating in the South America Nematicides Market.

South America Nematicides Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)