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.
Prominent players analyzed in the report 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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Chemical and manufacturing industry largely caters to a broad range of commodity-related manufacturing and include a wide variety of materials such as sand, gravel, stone, and chemicals. Increasing focus on development of sustainable chemicals and materials, advancements in the development of smart materials such as nanocomposites and other advanced composites, and growing popularity of 3D printing have significantly contributed to revenue growth of the market. In addition, rising emphasis on green building and construction have increased use of renewable resources and this is also a key factor driving market growth.
Key companies are engaged in developing advanced materials having robust characteristics and forming strategic alliances such as mergers and acquisitions, joint ventures, collaborations, and product launches among others to gain a robust footing in the market. The competitive landscape section offers a comprehensive analysis of the competitive landscape along with profiles of the companies, their product portfolios, and lucrative business strategies undertaken by them.
The report further segments the Molluscicides market based on product types, applications, technology, end-use, and region, among others. The report also offers insights into key factors influencing the revenue growth of each segment and sub-segment along with market revenue share and CAGR.
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The report also offers a detailed regional analysis along with information about which region is expected to account for largest revenue share or register the fastest revenue growth and the key factors contributing to their growth. The regions are analyzed with regards to supply and demand, import/export, production and consumption pattern, market share, revenue contribution, market size, along with a stringent analysis of the key players present in the key regions.
Regional analysis covers the following key regions:
North America (U.S.A., Canada, Mexico)
Europe (U.K., Italy, Germany, France, Rest of Europe)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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