Growing organic farming and demand for organic food: Nematicides Market
The Global Nematicides Market will grow at a CAGR of 3.0% from 2018 to 2023 to reach USD 1,344.5 million by 2023, according to the latest publication from Meticulous Research®.
The consumer demand is rising for
healthy organic food without using chemicals, produced in the environmental
friendly and sustainable way. The chemical residue in food causes various
harmful diseases to human being; hence, food safety has become the primary
concern for the consumers. As consumers are increasingly becoming aware of
chemicals used in food production and the potential hazards of chemical residue
on food, consumers are supporting chemical free production alternatives.
These factors drive the growers
to organic farming and this leads to increase in adoption of organic nematicide
as it is safe alternative for chemicals used for pest protection in crops. In organic
agriculture the products must be produced without the use of toxic and
persistent pesticides and synthetic nitrogen fertilizers, antibiotics,
synthetic hormones, and genetic engineering.
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Nematicides is
present in two forms liquid as chemicals and solid. Organic nematicides are the key components of integrated pest management in
organic agriculture. Organic nematicide including neem cake, press mud,
groundnut oil cake, neem mark, and cotton seed oil have inhibitory effect
against the soil nematodes.
The report also includes the
competitive landscape based on an extensive assessment of the key strategic
developments adopted by leading market participants in the industry over the
past 3 years (2014-2017). The study has also incorporated the detailed profiles
of 14 top market players across the value chain of the industry, including
detailed financial performance, product offerings, and strategic growth
initiatives of each player.
The key players operating in the
global nematicides market are Bayer CropScience AG, BASF SE, The Dow Chemical
Company, Syngenta, FMC Corporation, Sumitomo Chemical Co., Ltd., Monsanto
Company, Nufarm Limited, ADAMA Agricultural Solutions Ltd., AMVAC Chemical
Corporation, Brandt Consolidated, Inc., Isagro S.p.A., Marrone Bio Innovations
Inc., and Certis USA L.L.C.
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limited company under the Companies Act, 1956. Since its incorporation, the company
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