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Climate conditions and environmental factors also determine the way the molluscicide industry works. Most mollusks are known to thrive well under moist environments; hence, areas receiving much rainfall and high humidity levels have more cases involving crop destruction by these pests than any other parts in this sector across continents. This leads to an increased demand for molluscicides especially in climates where there exist conditions conducive to growth of these pests like warm rains etcetera surrounding them with water bodies such as oceans making it possible for them multiply exponentially when breeding seasons come around again thus creating challenges within local food supplies because there will always be shortage if not enough amount produced due insufficient production caused poor storage methods or lack appropriate technology required preserve large quantities harvested produce before they go bad; hence requiring more sustainable solutions including roll-out innovative inputs such as new chemical combinations pesticides formulations aimed at curbing losses arising out this situation regular investments made into research programs addressing needs concerning integrated pest management interventions being applied field against different insect pests diseases affecting both staple cash crops complex yet fruitful manner.
The kind of crops grown in a particular area is another key determinant affecting the market of molluscicides. Some specific plants get damaged by mollusks than others; hence, farmers who grow these crops will buy molluscicides either for prevention or treatment. The variety of crops plus cropping patterns across regions influences the difference in demand between them. Also, it affects how the molluscicide quantities vary from place to place within such areas. In contrast, the adaptability and efficiency of Molluscicides vary depending on what they are used for, which consequently impacts their total market size.
The dynamic transformations in the field of formulation and application techniques for molluscicides are incredibly contributory to changing market trends. The actual ongoing research mainly seeks to improve the efficiency, safety, and ecological effects of molluscicides. Moreover, global trade dynamics, as well as economic conditions, have an impact on the size of molluscicide markets. Economic factors affect agricultural practices in different regions, including the availability of pest control options such as molluscicides. This means that economic conditions change, trade relationships transform, and currency exchanges fluctuate, thereby affecting accessibility to and affordability of molluscicides, which determine market demand and size, respectively. Molluscicides' regulatory environment is an important market driver. Government regulations, together with approvals required for using molluscicides in agriculture, significantly impact its entry into the market.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Segment Outlook | Type, Form, Crop Type, and Region |
Molluscicides Market Highlights:
Molluscicides Market Overview
Molluscicides Market Size was valued at USD 0.5 Billion in 2022. The Molluscicides market industry is projected to grow from USD 0.54 Billion in 2023 to USD 1.06 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 8.69% during the forecast period (2024 - 2032). Boosting the use of agrochemicals and growing the cultivation of high-value horticultural crops in emerging nations, are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Molluscicides Market Trends
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Increase in adoption of agrochemicals in developing countries is driving the market growth.
A change in farming practises has resulted from the agriculture industry's constant technological improvements. New kinds of dangerous organisms have evolved as a result of the increased export and import of agricultural commodities across diverse geographies, particularly in developing nations, which has boosted the demand for products with innovative active ingredients to protect crops. The Asian crop protection markets are significantly impacted by the globalisation of the agrochemical industry. The need for various agrochemicals including pesticides and herbicides is rising as a result of the world's fastest population growth, rising food production needs, and economic expansion. While the demand for food items is rising in the Asia-Pacific emerging nations, the amount of land that can be used for farming is decreasing as a result of the increased impact of urbanisation, which forces farmers to use a variety of agrochemicals to preserve soil health and boost land productivity.
The threat posed by the significant rise in world population and the need to feed it has forced farmers to use cutting-edge technologies, such as the usage of molluscicides, to protect their crops from damage and meet consumer demand. According to the UN Population Division, individuals today are taking every possible step to boost farm output. The Asia region has witnessed the fastest population growth, and by 2050, it will account for 60% more of the world's population. Consequently, there is a demand for the molluscicides market in order to boost food output.
Additionally, the demand for horticultural crops as well as increased agricultural advancements are fueling the growth of the molluscicides market. Because of their expanding populations, developing nations like China and India are implementing more modern technology, which is driving up demand for molluscicides worldwide. The molluscicides market is expanding as a result of government initiatives for agricultural improvements and incentives for agricultural operations. Thus, driving the Molluscicides market revenue.
Molluscicides Market Segment Insights
Molluscicides Type Insights
The Molluscicides market segmentation, based on Type, includes Chemical Metaldehyde, Methiocarb, Ferric Phosphate, Biological, and Others. Chemical metaldehyde segment dominated the market in 2022. The market for chemical molluscicides is expanding as a result of the growing use of agrochemicals in high-value horticultural crops. Chemical molluscicides are readily available, reasonably priced, and exported to many parts of the world. These elements considerably contribute to the widespread high demand for chemical molluscicides.
Molluscicides Form Insights
The Molluscicides market segmentation, based on Form, includes Dry and Liquid. Dry segment dominated the Molluscicides market in 2022. Due to their convenience in handling, dry form now has a bigger market share than liquid and gel form. The most popular and reliable method for slug and snail control is pelleting. The chemical composition of pellets, particularly the presence of components that attract slugs, and their longevity under field settings determine how successful they are.
Molluscicides Crop Type Insights
The Molluscicides market segmentation, based on Crop Type, includes Vegetables & Fruits, Cereals & Grains, Oilseeds & Pulses, Ornaments and Turf, and Others. Cereals & grains segment dominated the market in 2022. This is a result of more products being used to protect crops from harm and boost output. As a result, the market has seen a rise in product demand due to the effective application in cereal and grains.
Figure 1: Molluscicides Market, by Crop Type, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Molluscicides Regional Insights
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The Asia Pacific Molluscicides market dominated this market in 2022 (45.80%). This is because the golden apple snail was introduced to Asian rice fields. The market for molluscicides in this region is also predicted to develop as contemporary agricultural practises, such as integrated pest management, are being adopted. Moreover, China’s Molluscicides market held the largest market share, and the Indian Molluscicides market was the fastest growing market in the Asia-Pacific region.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: MOLLUSCICIDES MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The North America Molluscicides Market accounted for the healthy market share in 2022. This is a result of the rising demand for foods including fruits, vegetables, cereals, and other grains. A sizeable portion of the population works in agriculture in the area, which also produces some of the main cereal crops. Further, the U.S. Molluscicides market held the largest market share, and the Canada Molluscicides market was the fastest growing market in the North America region.
Europe Molluscicides market is expected to register significant growth from 2024 to 2032. This is a result of increased horticulture crop production of high value. The need for molluscicides has also increased due to the favourable environment for mollusk growth, which is expected to fuel the expansion of the worldwide molluscicides market in this area. Further, the German Molluscicides market held the largest market share, and the U.K Molluscicides market was the fastest growing market in the European region
Molluscicides Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Molluscicides market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Molluscicides Industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Molluscicides Industry to benefit clients and increase the market sector. In recent years, the Molluscicides Industry has offered some of the most significant advantages to medicine. Major players in the Molluscicides market, including Lonza Group AG, Bayer Cropscience AG, BASF SE, ADAMA Agricultural Solutions, Marrone Bio Innovations, American Vanguard Corporation, De Sangosse Ltd, W. Neudorff GmbH KG, Doff Portland Ltd, Certis Europe, Syngenta AG, PI Industries Ltd., Amvac Chemical Corporation, Chiltern Farm Chemicals Ltd., and Westland Horticulture Ltd, are attempting to increase market demand by investing in research and development operations.
Crop protection solutions are offered by Adama Ltd (Adama), previously Hubei Sanonda Co Ltd, a division of China National Chemical Corp. The business creates, manufactures, and distributes non-patent crop protection products. The product line offered by Adama consists of fungicides, insecticides, and herbicides. Additionally, it manufactures and markets non-agricultural goods like lycopene, speciality fragrance compounds, and other high-quality chemicals. The company operates in Europe, North America, Latin America, Israel, Asia Pacific, and Africa and offers scientific and technological support for current production processes like weed control, pest control operations, termiticides, and material preservation, placing an emphasis on quality improvement, efficiency, safety, and environmental protection. The headquarters of Adama are in Jingzhou, Hubei, China. In June 2020, ADAMA introduced Gusto IRON, a new ferric phosphate-based molluscicide designed specifically to manage slug populations in the expanding conditions of the United Kingdom.
The purpose of Arxada's speciality chemical company is to enhance the performance of its clients' products. The business offers a broad portfolio of distinctive products targeted at a variety of end uses, including consumer care products, agro ingredients, coatings, and water treatment ingredients. By specialising in microbial control solutions and specialty product solutions, the business helps customers protect their products from harmful microorganisms, enhance health and safety, and lessen their environmental impact. Axcela speciality chemicals were introduced in January 2022 by Arxada, one of the top producers of speciality chemicals in the world and a subsidiary of Lonza Group Ltd. Wet extrusion is a distinctive process used to create the product.
Key Companies in the Molluscicides market include.
- Lonza Group AG
- Bayer Cropscience AG
- BASF SE
- ADAMA Agricultural Solutions
- Marrone Bio Innovations
- American Vanguard Corporation
- De Sangosse Ltd
- Neudorff GmbH KG
- Doff Portland Ltd
- Certis Europe
- Syngenta AG
- PI Industries Ltd.
- Amvac Chemical Corporation
- Chiltern Farm Chemicals Ltd.
- Westland Horticulture Ltd
Molluscicides Industry Developments
October 2020: The acquisition of Agrinos (US), a privately held technical pioneer in biological crop inputs, by American Vanguard Corporation was announced. The business would then be able to increase the variety of products it offers in North America.
August 2020: An agreement between Marrone Bio Innovations and Vive Crop Protection (Canada) for the extraction of active components for the molluscicides market was announced.
January 2020: To enhance its production capacity in the Asia Pacific area, BASF SE opened a new crop protection facility in Singapore. This will meet the growing demand for high-quality items for farming from the local farmers.
Molluscicides Market Segmentation
Molluscicides Type Outlook
- Chemical Metaldehyde
- Methiocarb
- Ferric Phosphate
- Biological
- Others
Molluscicides Form Outlook
- Dry
- Liquid
Molluscicides Crop Type Outlook
- Vegetables & Fruits
- Cereals & Grains
- Oilseeds & Pulses
- Ornaments and Turf
- Others
Molluscicides Regional Outlook
- North America
- US
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Australia
- Rest of Asia-Pacific
- Rest of the World
- Middle East
- Africa
- Latin America
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