Molluscicides Market size was valued at US$ 985.33 Mn. in 2023 and the total revenue is expected to grow at a CAGR of 8.5% through 2024 to 2030, reaching nearly US$ 1744.19 Mn.
Molluscicides Market Overview
The Molluscicides market is witnessing steady growth, primarily driven by the increasing need for effective pest management in agriculture and horticulture. Molluscicides, which are chemical or biological agents used to control molluscan pests such as snails and slugs, play a crucial role in protecting crops and maintaining agricultural productivity. The rising global demand for food, coupled with the growing awareness of the economic damage caused by these pests, is fueling the adoption of molluscicides across various regions. Additionally, advancements in formulation technologies and the development of eco-friendly and sustainable molluscicides are gaining traction, as consumers and regulators increasingly prioritize environmental safety.
Market Forecast and Key Dynamics:
The Molluscicides market is poised for robust growth over the forecast period, driven by several key dynamics that underscore the importance of effective pest management in agriculture. The increasing global demand for food production, coupled with the rising economic losses caused by molluscan pests, is propelling the adoption of molluscicides across various agricultural sectors. Innovations in product formulations, including the development of environmentally friendly and organic molluscicides, are gaining traction as consumers and farmers prioritize sustainability and safety. Additionally, the integration of advanced technologies in pest control, such as precision agriculture and targeted application methods, is enhancing the effectiveness and efficiency of molluscicide use.
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Molluscicides Market Regional Insights
The Molluscicides market exhibits diverse regional dynamics, influenced by agricultural practices, pest management strategies, and regulatory frameworks across different areas. North America, particularly the United States, leads the market due to the widespread cultivation of high-value crops and a strong emphasis on effective pest control measures. Farmers in this region increasingly adopt molluscicides as part of integrated pest management (IPM) programs to mitigate the economic impact of molluscan pests. Europe follows closely, with countries like France and Germany focusing on sustainable agriculture and environmentally friendly pest control solutions, leading to a growing demand for biological and organic molluscicides.
Molluscicides Market Segmentation
by Application
Agricultural
Fruits & vegetables
Cereals & grains
Oilseeds & pulses
Non-agricultural
Commercial
Residential
by Type
Chemical molluscicides
Biological molluscicides
by Form
Pellet
Liquids & gels
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Molluscicides Market Key Players
BASF SE (Germany)
Bayer AG (Germany)
Syngenta Group (Switzerland)
Lonza Group (Switzerland)
UPL Limited (India)
Adama Agricultural Solutions (Israel)
Marrone Bio Innovations (US)
De Sangosse (UK)
Doff Portland (UK)
Certis Europe (Netherlands)
PI Industries (India)
Neudorff GmbH (Germany)
Liphatech (US)
Monterey Lawn & Garden (US)
Agro Advanced International Ltd (China)
Westland Horticulture (UK)
Key questions answered in the Molluscicides Market are:
- What is Molluscicides?
- What was the Molluscicides market size in 2021?
- What is the growth rate of the Molluscicides Market?
- Which are the factors expected to drive the Molluscicides market growth?
- What are the different segments of the Molluscicides Market?
- What growth strategies are the players considering to increase their presence in Molluscicides?
- What are the upcoming industry applications and trends for the Molluscicides Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Molluscicides Market?
- What segments are covered in the Molluscicides Market?
- Who are the leading companies and what are their portfolios in Molluscicides Market?
- What segments are covered in the Molluscicides Market?
- Who are the key players in the Molluscicides market?
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by Different Segment | 2022-2027
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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