Molluscicides Market

Molluscicides Market Size & Growth (2022 - 2027):

Molluscicides Market was worth USD 620 million in 2021 and estimated to be growing at a CAGR of 4.2%, to reach USD 760 million by 2026.

The Molluscicides market is showing evident potential in the mentioned forecasting period. The market continues to gain momentum with the rising awareness regarding the use of Molluscicides to control the mollusc population. The market has seen interest from various companies recently and is expected the same in upcoming years. Molluscicides play an important role in the agriculture sector for the purpose of crop protection. They act as pesticides against molluscs to control gastropod pests, such as slugs or snails which are responsible for damaging crops by feeding on them. They are usually used in the form of baits or pellets to attract pests and get rid of them.

Market Drivers:

The rising adoption of agrochemicals across developing countries has been one of the key factors driving the market for Molluscicides. Other major factors responsible for market growth are the increase in product sales due to rain-fast characteristics, demand for higher-value horticulture crops and growing awareness about mollusc control. However, there are some factors that hinder the growth of the market. These include geographical limitations in usage, regulatory restrictions, lack of adequate resources and environmental threats due to excessive use.

MOLLUSCICIDES MARKET REPORT COVERAGE:

Market Segmentation:

Molluscicides Market – By Source:

• chemical

• biological

Molluscicides Market – By Type:

• Metaldehyde
• Methiocarb
• ferrous phosphate

Molluscicides Market – By Application:

• field crops
• horticulture crops
• turf & ornaments
• industrial

Molluscicides Market – By Mode of Application:

• pellets
• sprays
• powders

The market share of the Molluscicides market is dominated by chemical segment based on source, while under type, the Metaldehyde segment accounts for the largest market share.

Molluscicides Market – By Region:

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

The Molluscicides market was dominated by North America, with an overall market share of over 36% globally. North America was followed by Europe and the Asia Pacific. North America region is also predicted to grow at a more rapid pace while compared to other regions in the coming few years.

Key Players:

• Lonza Group AG
• Bayer CropScience AG
• BASF SE
• Adama Agricultural Solutions Ltd
• Marrone Bio Innovations, Inc
• American Vanguard Corporation
• De Sangosse SAS
• Neudorff GmbH Kg
• Doff Portland Ltd
• Certis Europe B.V

Reasons to Purchase Molluscicides Market Report

• Market analysis of the globally Molluscicides Market, with region-specific assessments and competition analysis on a global and regional scale
• Analyze various perspectives of the industry with the help of Porter’s five forces analysis
• The treatment type that is expected to dominate the market
• Regions that are expected to witness the fastest growth during the forecast period
• Identify the latest developments, market shares, and strategies employed by the major market players
• 3 months of analyst support, along with the Market Estimate sheet (in excel).