Molluscicides Market Research Report 2022-2028
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..
Major firms are now producing eco-friendly molluscicides with sustainable and non-harmful by-products. There is no effective biological control in place to combat invading mollusks. Non-target creatures are harmed by synthetic molluscicides, which also generate algal blooms and pesticide residue issues. The polyherbal molluscicide created by Platcom Ventures Sdn Bhd in Malaysia is a biocontrol technique with low toxicity towards non-target organisms, in contrast to synthetic molluscicides which harm non-target organisms.
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Report Overview:
As part of our quantitative analysis, we have provided regional market forecasts by type and application, market sales forecasts and estimates by type, application and region by 2028, and global sales and production forecasts and estimates for Molluscicides by 2028. For the qualitative analysis, we focused on political and regulatory scenarios, component benchmarking, technology landscape, important market topics as well as industry landscape and trends.
We have also focused on technological lead, profitability, company size, company valuation in relation to the industry and analysis of products and applications in relation to market growth and market share.
Competitive Landscape:
The report also focuses on details of each market player including its global position, financial standing, revenue generation, company overview, product & service portfolio. The Molluscicides market is extremely competitive and consists of several key players at regional and global level. Key players are focused on adopting various strategies such as new product launches, mergers and acquisitions, investments in R&D, partnerships, joint ventures and collaborations to strengthen their market position and enhance product portfolio.
Leading companies operating in the market 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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The report also offers detailed insights about market segmentation based on type, application and regional bifurcation:
Molluscicides Market Segmentation:
Type Outlook (Revenue, USD Million; 2018-2028)
- Chemical Molluscicides
- Biological Molluscicides
Form Outlook (Revenue, USD Million; 2018-2028)
- Pellets
- Liquid & Gel
- Others
Regional Outlook:
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- Italy
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- A.E.
- South Africa
- Rest of MEA
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