Market Size of South America Nematicides Industry
| 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
*Disclaimer: Major Players sorted in no particular order |
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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.
