Molluscicides, also known as snail baits, snail pellets, or slug pellets, are mollusk insecticides used in agriculture or gardening to control gastropod pests such as slugs and snails that eat crops or other valuable plants. Molluscicides have applications in agriculture, fruits and vegetables, cereals and grains, oilseeds and pulses, non-agricultural, commercial, and residential. The report on the Molluscicides Market examines and forecasts values for segments based on type, form, application, and region.
Molluscicides Market Report Scope and Research Methodology:
The report clearly depicts a Molluscicides Market structure, including current market trends and forecasts to identify potential investment areas. It includes a variety of market-influencing factors such as historical data, recent technological advancements, the competitive landscape, and government policy. The Molluscicides Market report informs clients about major drivers, restraints, challenges, and opportunities. The market has been divided into three major segments for ease of understanding, and these major segments of the Molluscicides Market have been further divided into various sub-segments. The report also includes a segment-by-segment analysis of the factors influencing market growth, as well as a competitive analysis of major market players based on their expansion plans, product, investments, pricing, and presence in the Molluscicides industry.
The data collected for the Molluscicides Market report using these methods was combined to draw accurate and error-free inferences. Interviews with subject-matter experts, Molluscicides industry participants, high-level executives of key market players, industry consultants, and other experts were conducted as part of the primary research. The PESTLE analysis in the market report aids in the development of company strategies. The Molluscicides Market’s strengths and weaknesses were determined using a SWOT analysis.
Molluscicides Market Overview:
The research looks at market growth drivers and challenges, as well as company plans, procedures, and a detailed financial strategy. Customer expectations are met through customization and extensive information about Molluscicides industry potential. The Molluscicides Market research investigates the industry’s competitive landscape and key players. Given current industrial conditions, this Molluscicides market study aids in structure planning.
Molluscicides Market size was valued at US$ 655.30 Mn. in 2020 and the total revenue is expected to grow at a CAGR of 8.5% through 2021 to 2027, reaching nearly US$ 1,159.97 Mn.
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Molluscicides Market Dynamics:
Advances in agricultural technology have resulted in a shift in farming methods. New forms of harmful organisms have emerged as a result of increased export and import of agricultural commodities across diverse geographies, particularly in developing countries, necessitating the development of innovative active component solutions to protect crops. The agrochemical sector’s globalization has had a significant impact on Asian crop protection markets. The demand for various agrochemicals such as herbicides and pesticides is increasing due to the fastest rate of population growth, increasing food production requirements, and industrial growth. The increased demand for agrochemicals is a major driver of the molluscicides market.
Molluscicides Market Segmentation:
The market is divided into two types: chemical molluscicides and biological molluscicides. The growing acceptance of agrochemicals and their use in high-value horticulture crops is linked to the growth of the chemical molluscicides market. Chemical molluscicides are widely available and cheap, and they are shipped all over the world. All of these factors contribute to the global increase in demand for chemical molluscicides.
The molluscicides market is divided into two types: pellets and liquids and gels. Because of their ease of handling, pellets have a larger market share than liquids and gels. Pelletizing is the most popular and effective method of slug and snail control. The chemical composition of pellets, particularly the presence of slug-attracting elements, as well as their longevity in the field, determine their efficiency.
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)
Molluscicides Market Regional Insights
The Molluscicides market is divided into five regions: Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America. The report forecasts revenue growth in USD terms at the regional and country levels from 2021 to 2029. The report includes a regional analysis with the Molluscicides market size of each region. The countries section of the study looks at a number of market elements that are expected to influence current and future Molluscicides market trends, as well as changes in market rules at the country level. Consumption, production location and amount, import/export analysis, pricing analysis, raw material prices, and upstream and downstream value chain analysis are some of the primary components used to forecast each country’s Molluscicides market situation.
Key Questions answered in the Molluscicides Market Report are:
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About Stellar Market Research
Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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