Molluscicides Market

Molluscicides Market was valued at USD 795 Million in 2020 and expected to expand at 5.8% CAGR during forecast period.

Introduction of the Molluscicides Market Report

Mollusks are organisms that destroy the crops as they feed on them, thus slowing down productivity. Molluscicides are pesticides that kill pests like slugs, snails, etc. These are mainly found in the form of snail baits and snail pellets. With the increasing losses in crops due to snails and slugs, farmers are increasingly applying molluscicides to the crops.

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Market Dynamic

Key Drivers and Emerging Trends

The global molluscicides market is primarily driven by the rising application of agrochemicals in developing countries like China and India. Furthermore, the ability of molluscicides to stimulate plant heal by killing the mollusks is also a factor driving the growth of the market. In addition to that, demand for horticulture crops across the globe is driving the growth rate of the global molluscicides market during the forecast period. Moreover, introducing green eco-friendly molluscicide products and growing awareness regarding mollusks control will likely produce growth opportunities for the global mollusks market during the forecast period.

Impact of COVID-19 on the Molluscicides Market

The COVID-19 pandemic and the lockdown measures taken to control the pandemic are having a crippling effect on the agriculture sector globally. Although the demand for pest control products like insecticides and molluscicides has increased, the supply has been considerably impacted by the COVID-19 outbreak.

Restraint in the Molluscicides Market

However, the stringent regulations for the use of molluscicides are a major restraining factor that is hampering the Molluscicides Market growth.

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Type – Segment Analysis

Based on the Type, the Chemical molluscicides segment is expected to grow at a higher CAGR during the forecast period. Moreover, the growth of this segment can be attributed to the rising adoption of agrochemicals and their application in cultivating high-value horticultural crops. In addition, these type of molluscicides are easily available and economical; they are exported to various regions all around the globe. Hence, these factors significantly contribute to the high demand for chemical molluscicides across the globe during the forecast period.

Form – Segment Analysis

Based on the Form, the Pellet segment is expected to grow at a higher CAGR during the forecast period. Due to their ease of handling, pellets have gained the larger molluscicides market share as compared to the liquid & gel form. It is the most common and effective approach used to control slugs and snails. The effectiveness of pellets depends upon their chemical content, especially the presence of constituents that attract slugs and their durability under field conditions.

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Regional – Segment Analysis:

Based on the region, the North-America region is projected to dominate the market during the forecast period. The presence of a large number of agricultural fields in the U.S. is triggering the molluscicides market in this region. Snails are present largely in America. Hence, the threat that exists is that it can reproduce multiple times, resulting in the production of 200 to 500 eggs per month, resulting in extensive damage to crops in a short period of time. Declining crop productivity due to increasing slugs and snails has resulted in the inclination towards applying molluscicides to crops among the farmers. The market growth lies in the growing planting area of crops and rising demand for agrochemicals that are applied to deal with crop pests.

Top Market Players

Various notable players operating in the market include BASF SE, Bayer AG, Syngenta Group, Lonza, UPL, ADAMA Ltd., Marrone Bio Innovations, DE SANGOSSE BIOSOLUTIONS, Doff Portland Ltd, Certis Europe BV, among others. 

Key Developments:

• • In 2020, BASF SE launched its new crop protection facility in Singapore to raise its production capacity in the Asia-Pacific region. This will serve to the increasing demand from the farmers in the region for quality products for cultivation.
  • In 2019, ADAMA Ltd. procured the French-Swiss crop protection company, SFP. This would allow the company to produce some of the active ingredients of SFP.
  • In 2018, Bayer AG procured Monsanto (US) for USD 128 per share in an all-cash transaction. The acquisition would bring both companies’ innovation capabilities and R&D technology platforms to provide enhanced seed business operations.

Segments covered in the Report:

The global Molluscicides market has been segmented on the basis of Type, Form, Application, and regions. Based on Type, the market is segmented into Chemical molluscicides and Biological molluscicides. Based on Form, the market is segmented into Pellet and Liquids & gels. Based on Application, the market is segmented into Agricultural, Fruits & vegetables, Cereals & grains, Oilseeds & pulses, Non-agricultural, Commercial and Residential. 

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Key questions answered in this research report:

• • At what pace is global Molluscicides market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Molluscicides market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Molluscicides market?
  • Which Type generated maximum revenues in 2020 and identify the most promising Type during the forecast period?
  • What are the various Form areas of global Molluscicides market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Global Molluscicides Market by Type

• • Chemical molluscicides
  • Biological molluscicides

Global Molluscicides Market by Form

• • Pellet
  • Liquids & gels

Global Molluscicides Market by Application

• • Agricultural
  • Fruits & vegetables
  • Cereals & grains
  • Oilseeds & pulses
  • Non-agricultural
  • Commercial
  • Residential

Global Molluscicides Market by Region

• • North America Molluscicides Market (Option 1: As a part of the free 25% customization)
    • North America Molluscicides Market by Type
    • North America Molluscicides Market by Form
    • North America Molluscicides Market by Application
    • US Molluscicides Market All-Up
    • Canada Molluscicides Market All-Up
  • Europe Molluscicides Market (Option 2: As a part of the free 25% customization)
    • Europe Molluscicides Market by Type
    • Europe Molluscicides Market by Form
    • Europe Molluscicides Market by Application
    • UK Molluscicides Market All-Up
    • Germany Molluscicides Market All-Up
    • France Molluscicides Market All-Up
    • Spain Molluscicides Market All-Up
    • Rest of Europe Molluscicides Market All-Up
  • Asia-Pacific Molluscicides Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Molluscicides Market by Type
    • Asia-Pacific Molluscicides Market by Form
    • Asia-Pacific Molluscicides Market by Application
    • China Molluscicides Market All-Up
    • India Molluscicides Market All-Up
    • Japan Molluscicides Market All-Up
    • Rest of APAC Molluscicides Market All-Up
  • RoW Molluscicides Market (Option 4: As a part of the free 25% customization)
    • RoW Molluscicides Market by Type
    • RoW Molluscicides Market by Form
    • RoW Molluscicides Market by Application
    • Brazil Molluscicides Market All-Up
    • South Africa Molluscicides Market All-Up
    • Saudi Arabia Molluscicides Market All-Up
    • UAE Molluscicides Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Molluscicides Market All-Up

Major Players Operating in the Molluscicides (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • BASF SE
  • Bayer AG
  • Syngenta Group
  • Lonza
  • UPL
  • ADAMA Ltd.
  • Marrone Bio Innovations
  • DE SANGOSSE BIOSOLUTIONS
  • Doff Portland Ltd
  • Certis Europe BV