Global Nematicides market size is estimated to be valued over US$ 1 Bn in 2019Posted by Hannah Brown on July 13th, 2019 Declining arable land, increased demand for crop protection, and need for higher yield has collectively driven the nematicides market worldwide. Over the last few years, the commodity prices are witnessing declining trend. This has led agriculturists to opt for value-based pesticides. Nematodes stands on the expectations. The industry growth is further supported by government policies globally. Various government provides subsidies on use of pesticides, resulting in higher sales. On macroeconomic level, rise in per capita income along with health-conscious attitude has led consumer to demand for healthy food products. All these trends play a key role in sales of nematicides worldwide. To know more, click here: https://bekryl.com/industry-trends/nematicides-market-share-analysis Global Nematicides Market Size and Forecast: Regional Analysis Globally, nematicides consumption is relatively higher in developed regions. In 2018, North America dominated the global nematicides market share by 39%. Consumption of agrochemicals is on higher note in the region as compared to rest of the world. While Asia Pacific represented the largest pesticides market, nematicides usage is relatively lower due to higher prices and higher demand of alternative pesticides. In Asia Pacific, highest consumption was from India. India holds high arable land. Moreover, the spending capacity of farmers has increased. As a result, the demand for nematicides in the region is expected to witness significant push during the forecast period. China based players and regional players are actively capturing the Asia Pacific market. Market fragmentation could be seen in the region. Global Nematicides Market Size and Forecast: Competition Landscape Key Nematicides players are:
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