ID: MRFR/AGR/3813-HCR | January 2023 | Region: Global | 110 Pages
Molluscicides Market size is projected to reach approximately USD 889 million by 2030, at a CAGR of 8.67% from 2022 to 2030.
$889 Million
8.67%
Europe
2022-2030
Market Scenario
The global Molluscicides Market is expected to register a CAGR of 8.67% from 2022 to 2030 and reach USD 889 million by the end of 2030. Mollusks are pests which feed on crops. Most common mollusks are snails and slugs. Snail and slugs feed on leaves, stems, and roots of plants. The large infestation of snails and slugs are also known to consume whole young seedling. They attack and feed on a wide variety of plants. Mollusks attacks on plants result in significantly decreased productivity of plant and may also cause the death of the crop. Molluscicides are applied to crops and plants to kill the mollusks. Increasing cultivation of high-value horticultural crops, which are widely attacked by mollusks, is predicted to drive the growth of the global molluscicides market. The growing awareness coupled with increased adoption of integrated pest management is expected to fuel the growth of global molluscicides market. However, stringent rules and regulations on the use of molluscicides may hamper the growth of the global molluscicides market. Product development and innovations in molluscicides such as the introduction of eco-friendly molluscicides provides an excellent opportunity for the players in the global molluscicides market.
Segmentation
The global molluscicides market has been segmented based on type, form, crop type, and region. The global molluscicides market has been bifurcated, based on type, into chemical (metaldehyde, methiocarb, ferric phosphate, and others) and biological. On the basis of form, the global molluscicides market has been divided into dry and liquid. The global molluscicides market has been classified, based on crop type, as vegetables & fruits, cereals & grains, oilseeds & pulses, ornaments and turf, and others. The global molluscicides market has been analyzed for four key regions—North America, Europe, Asia-Pacific, and the rest of the world. The North American molluscicides market has further been segmented into the US, Canada, and Mexico. The European molluscicides market has been classified as the UK, Germany, France, Italy, Spain, and the rest of Europe. The molluscicides market in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The molluscicides market, in the rest of the world, has been segmented into South America, the Middle East, and Africa.
Key Players
Lonza Group AG (Switzerland), Bayer Cropscience AG (Germany), BASF SE (Germany), ADAMA Agricultural Solutions (Israel), Marrone Bio Innovations (US), American Vanguard Corporation (US), De Sangosse Ltd (UK), W. Neudorff GmbH KG (Germany), Doff Portland Ltd (UK), Certis Europe (Netherlands), Syngenta AG (Switzerland), PI Industries Ltd. (India), Amvac Chemical Corporation (US), and Chiltern Farm Chemicals Ltd. (UK), and Westland Horticulture Ltd (UK) are some of the key players in the global molluscicides market.
Regional Market Summary Global Molluscicides Market Share (%), by Region, 2021 Type: Secondary Types and MRFR Analysis
The market in Europe is expected to dominate the global molluscicides market during the forecast period due to increased cultivation of high-value horticultural crops. Moreover, a favorable climate for the growth of mollusks has increased the demand for molluscicides, which is anticipated to boost the growth of global molluscicides market in this region. Asia-Pacific region is projected to grow at the highest CAGR in global molluscicides market during the review period, due to the introduction of golden apple snail in rice fields of Asia. Moreover, rising adoption of modern agricultural practices, including integrated pest management, is anticipated to boost the growth of molluscicides market in this region. The market in the rest of the world is expected to grow at steady growth rate as the demand for molluscicides is increasing in various countries of South America like Argentina and Brazil, due to increased agricultural activities.
Global Molluscicides Market, by Type
Global Molluscicides Market, by Form
Global Molluscicides Market, by Crop Type
Global Molluscicides Market, by Region
Intended Audience
Report Attribute/Metric | Details |
---|---|
Market Size | USD 889 Million |
CAGR | 8.67% |
Base Year | 2021 |
Forecast Period | 2022-2030 |
Historical Data | 2020 |
Forecast Units | Value (USD Million) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | By Type, Form, Crop Type, and Region |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | Lonza Group AG (Switzerland), Bayer Cropscience AG (Germany), BASF SE (Germany), ADAMA Agricultural Solutions (Israel), Marrone Bio Innovations (US), American Vanguard Corporation (US), De Sangosse Ltd (UK), W. Neudorff GmbH KG (Germany), Doff Portland Ltd (UK), Certis Europe (Netherlands), Syngenta AG (Switzerland), PI Industries Ltd. (India), Amvac Chemical Corporation (US), and Chiltern Farm Chemicals Ltd. (UK), and Westland Horticulture Ltd (UK) |
Key Market Opportunities | Product development and innovations in molluscicides |
Key Market Drivers | Increasing cultivation of high-value horticultural crops, Increased adoption of integrated pest management |
Molluscicides industry size can touch USD 889 million by 2030.
Molluscicides market can progress at 8.67% CAGR from 2022 to 2030.
Amvac Chemical Corporation, Lonza Group AG, Certis Europe, ADAMA Agricultural Solutions, Marrone Bio Innovations, Westland Horticulture Ltd, PI Industries Ltd., American Vanguard Corporation, Syngenta AG, Doff Portland Ltd, BASF SE, De Sangosse Ltd, W. Neudorff GmbH KG, Chiltern Farm Chemicals Ltd., and Bayer Cropscience AG are major players of the global molluscicides industry.
Europe can exhibit an eye-popping growth rate in the global molluscicides market owing to cultivation of high-value horticultural crops.
Increasing cultivation of high-value horticultural crops can drive the global molluscicides market.