The global molluscicides market size is expected to reach USD 1,188.4 Million in 2028 and register a revenue CAGR of 7.9% over the forecast period, according to  latest report by Reports and Data. The key factor driving market revenue growth is rising awareness about the importance of controlling snail and slug infestations in agricultural fields, which is being accompanied by increased adoption of integrated pest management.

As  world population is rapidly increasing, there is an increase in global food demand. As a result, farmers have started prioritizing crop security as a primary approach for meeting global food demand. Feeding an increasing population has become a global concern due to a reduction of agricultural land. The application of pesticides on crops is  a well-established method employed for crop protection, and thus there is a growing demand for molluscicides to boost world food production and prevent crop deterioration..

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Some Key Highlights From the Report

  • The chemical segment accounted for largest revenue share in the global molluscicides market in 2020. The growing market for chemical molluscicides is responsible for the increased utilization of agrochemicals and their usage in growing high-value horticultural crops. Chemical molluscicides include methiocarb, metaldehyde, ferrous phosphate, and others (metal salts and ferric sodium EDTA).
  • The pellets segment is expected to register a rapid revenue growth rate over the forecast period. Pellets, as opposed to liquids and gels, have a huge market share due to their ease of handling. Pelleting is the most popular and successful method of slug and snail management.
  • The agricultural segment is expected to register high revenue growth over the forecast period. The mollusk species are the most serious hazards to crops, causing massive agricultural losses. Crop damage from snails and slugs varies greatly depending on the season and year. Snails and slugs are dangerous pests that wreak havoc on cereal crops like wheat, barley, oats, and oilseeds, as well as ornamental plants and vegetables. Therefore, the use of molluscicides is expected to increase significantly in the agricultural segment.
  • The market in North America is expected to account for significant revenue share in the global molluscicides market over the forecast period. The molluscicides market is primarily driven by the region’s significant output of corn, oilseeds, and horticultural crops. Molluscicides are required in the mass production of these crops to control pests, weeds, and insects for more effective production. Marrone Bio Innovations Inc. and AMVAC Chemical Corporation (US) are two major participants in the US market.. These organizations are using techniques including innovative product fcreation, mergers & acquisitions, partnerships, and extension of their existing facilities to acquire market revenue share.
  • Major companies profiled in the market report are BASF SE, Bayer AG, Syngenta Group, Lonza Group AG, UPL Limited, Adama Agricultural Solutions, Marrone Bio Innovations, De Sangosse SAS, Doff Portland Ltd, and Nufarm.

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Type Outlook (Revenue, USD Million; 2018-2028)

  • Chemical Molluscicides
  • Biological Molluscicides

Form Outlook (Revenue, USD Million; 2018-2028)

  • Pellets
  • Liquid & Gel
  • Others

Application Outlook (Revenue, USD Million; 2018-2028)

  • Agricultural
  • Non-Agricultural

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Regional Outlook

For comprehensive understanding of market dynamics, the global Molluscicides Market is analysed across key geographies namely: North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, and Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). Each of these regions is analysed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

Significant Features that are under Offering and Key Highlights of the Reports:

– Detailed overview of the Molluscicides Market

– Changes in industry market dynamics

– Detailed market segmentation by type, application, etc.

– Historical, current and projected market size in terms of quantity and value

– Recent industry trends and developments

– Competition situation of Molluscicides Market

– Key companies and product strategies

– Potential niche segment/region showing promising growth.

Finally, the Molluscicides Market Report is the authoritative source for market research that can dramatically accelerate your business. The report shows economic conditions such as major locales, item values, profits, limits, generation, supply, requirements, market development rates, and numbers.

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