Molluscicides Market: Global Industry Analysis, Size, Share, Growth, Trend and Forecast 2018-2028

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Molluscicides Market: Global Industry Analysis, Size, Share, Growth, Trend and Forecast 2018-2028

Status : October, 2020 | Food and Beverages | PPT format

Report Digest


Molluscicides Market: An Overview

Molluscicides are special type of pesticides which are used to kill mollusks, specifically slugs and snails. Of the various end users, demand for these pesticides continues to remain concentrated for agricultural and gardening industries. Molluscicides are sometimes referred as bait as they are also used to entice mollusks. When molluscicides are ingested or touched by the snail or slug, then the chemicals contained in molluscicides alter their water balance, and it inhibits some of their body functions resulting in their demise. Molluscicides’s benefits encourage their demand among the farmers and gardeners.

Farmers are focusing on implementing novel crop management techniques such as high organic build and direct drilling to improve their quality of crop production. However, implementation of these techniques has encouraged the growth of the slugs and snail on the crops and soil, which has significantly hampered crop productivity. To prevent the growth of snails and slugs, farmers are investing in effective pesticides such as molluscicides. These factors are expected to drive the growth of the global molluscicides market over the coming years.     

Molluscicides Market: Dynamics

Molluscicides are used to stimulate plant health by killing mollusks present in farms. Molluscicides are used to protect crops such as pulses, grains, cereals, oilseeds, fruit & vegetables and others. This factor is expected to drive the global molluscicides market during the forecast period. Growing application of agrochemicals in various countries such as China, Brazil, India and Argentina due to the rising threat of mollusks and other pests. Mollusks can eat crops and perpetrate maximum damage during the early growth of crops. Also, the introduction of eco-friendly molluscicides products in the market and growing awareness about mollusks control among farmers and gardeners is expected to contribute towards the growth of global molluscicides market. There are two types of molluscicides available in the global molluscicides market - oxidizing and non-oxidizing. Of these molluscicides, non-oxidizing molluscicides continue to remain the most preferred product attributed to its cost-efficient feature. Besides agricultural activities, molluscicides also witness considerable demand in the commercial industry. As mollusks can damage industrial equipment and clog pipes, end users are spending on molluscicides to prevent losses.

However, the imposition of regulatory restrictions and limited usage of molluscicides in various countries due to its adverse effects might hamper the growth of molluscicides market during the next decade. Overall, the outlook for global molluscicides market is expected to be positive.

Molluscicides Market: Segmentation

Globally, the molluscicides market has been segmented on the basis of type, material used, and application:

On the basis of type, the global molluscicides market has been segmented as:

  • Oxidizing molluscicides
  • Non-oxidizing molluscicides

On the basis of material used, the global molluscicides market has been segmented as:

  • Metaldehyde
  • Methiocarb
  • Ferrous phosphate

On the basis of application, the global molluscicides market has been segmented as:

  • Agricultural activities
  • Ornaments and turfs
  • Industrial & commercial purposes

On the basis of region, the global molluscicides market is segmented as –

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan
  • Middle East & Africa
  • Japan

North America is expected to account for the largest share in the global molluscicides market with the growing presence of leading manufacturers in the U.S. Moreover, with the statistics provided by the U.S Department of Agriculture, which states that about 40% of the U.S. is considered to be a farmland. This factor is expected to contribute in the global molluscicides market to a significant extent. Countries of Asia Pacific region such as China and India are among the leading contributor to the global agricultural output, are also affected by mollusks which is expected to drive the growth of global molluscicides market during the forecast period.

Molluscicides Market: Key players

Few of the leading players operating in the global molluscicides market are –

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

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

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

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?