Global Nematicides Market 2017-2021

Overview of the global nematicides market

Seed treatment systems help in the protection of seeds and aid in the growth of healthier crops. They involve the application of chemical and biological agents and physical techniques. Technavio’s research analysis on the global nematicides market identifies that the increase in seed treatment practices will be one of the major factors driving the demand for nematicides during the next four years. The adoption of seed treatment practices enables significant control over microorganisms, pests, and nematodes. With the increase in global population, there is a rise in the adoption of crop alternation practices. This in turn, fuels the demand for seed treatment products, subsequently driving the growth of the nematicides market. According to our industry research analysts, this market will generate a revenue of more than USD 1.5 billion by 2021.

The growing preference for organic farming will be one of the latest trends that will gain traction in the nematicides market during the next four years. Organically produced crops contain less amounts of toxic metals and minerals. The European Commission has already specified certain minimally acceptable contamination levels for various metallic contaminants such as lead, cadmium, and mercury. Organic harvest and crop-based foods contain 19%-68% of higher antioxidants such as polyphenolics, when compared to conventionally grown crops. These antioxidants help in reducing the risk of chronic diseases such as cardiovascular and neurogenerative diseases and even few types of cancers.