Nematicides market biggest revenue growth USD 1.6 billion by 2028

Date:04-05-2021

The global Nematicides Market size is estimated to account for a value of USD 1.3 billion in 2021 and is projected to grow at a CAGR of +3% from 2021, to reach a value of USD 1.6 billion by 2028, according to a report. 

Nematodes are a scientific term used for roundworms compromising more than 15,000 species. Mostly the species of nematodes which attacks crops are microscopic. Nematodes attack the flowers, foliage, stem, and roots of plants. Nematodes are attacking root causes root lesions, root knots, and stunted root systems, which results in declining of the crop. Nematodes attack plants to feed on them. Thus, nematodes can cause severe damage to plants by eating the fruits, flowers, resulting in decreased productivity. Nematicides are used to control and kill nematodes. Nematicides also help to increase the nutrient uptake and water use efficiency, resulting in reduced cost of fertilizers and irrigation, which is expected to drive the growth of the global nematicides market.

Report Consultant proclaims the addition of another new report on account of the global Nematicides market for 2021-2028. The report summaries the noticeable players in the global market with a precise end goal to give a rational position of the genuine forces of the market, while the provincial and product sections of the market are likewise anticipated in detail, keeping in mind the end goal to give a granular illustration of the market’s collapse.