Aug 10, 2018 (Heraldkeeper via COMTEX) -- Market Overview:
Increasing demand for agricultural products is driving the growth of the market due to increased crop production along with food security and crop-damage.
Nematicides are widely used in the agricultural segment to restrict the nematode attack on the agricultural produce by inhibiting or killing the nematodes responsible for the crop diseases.
Apart from the agriculture use, nematicides are increasingly used in the horticulture, floriculture, domestic, and commercial pest management program.
Additionally, rising demand for organic fruits, vegetables, and cereals and pulses is projected to drive the growth of the global nematicides market over the forecast period.
The market players are responding to these new opportunities by expanding their service offerings/product lines, which has boosted the share of the nematicides in the global market.
The global integrated pest management (IPM) market is anticipated to cross USD 151.0 billion by 2025.
Integrated pest management is an approach toward preventing any harm done by pests in the farm.
Integrated pest management industry is driven by factors such as rise in adoption of modern pest management approach and the rising concern for hazardous effects on environment and regulatory affairs.Extensive farming and agricultural practices with an objective to produce more than three to four crops a year is gaining a wide traction, which, in turn, triggers the use of pest management to protect the crops from unwanted weeds and insects.
The integrated pest management market is expected to gain a strong foothold during the forecast period owing to the rise in use of pesticides in commercial and residential sector.Download Free Sample Report @ https://www.millioninsights.com/industry-reports/integrated-pest-management-ipm-market/request-sampleIntegrated pest management (IPM) industry is segmented into weeds, pathogens, invertebrates, pathogens, and vertebrates.
By control, the integrated pest management (IPM) market is segmented into cultural, physical, chemical, and biological.
Biological segment is expected to account for a significant market share in the forecast period due to change in environment.Application segment for integrated pest management (IPM) industry includes agriculture, commercial and residential.“Agriculture” segment is expected to account for a higher CAGR in the forthcoming period due to rise in development of various pest control products for different crop type.