According to IMARC Group’s latest report, titled “Molluscicide Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028. the study provides a detailed analysis of the industry, including the global molluscicide market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How Big is the Molluscicide Market?

The global molluscicide market size reached US$ 773 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,288 Million by 2028, exhibiting a growth rate (CAGR) of 8.6% during 2023-2028.

Factors Affecting the Growth of the Molluscicide Industry:
Agricultural Productivity and Crop Protection:

One of the primary drivers of the molluscicides market is the need to ensure food security by protecting crops from mollusk pests. Mollusks, such as snails and slugs, are voracious herbivores that can devastate crops, leading to significant yield losses. Farmers rely on molluscicides to safeguard their crops and mitigate potential economic losses, making them an essential component of modern agriculture. The continuous expansion of agricultural activities to meet the growing global population's food demands contributes to the demand for molluscicides. As more land is brought under cultivation, the risk of mollusk infestations increases, necessitating the use of molluscicides to sustain crop production.

Advancements in Molluscicide Formulations and Application Methods:

The increasing research and development (R&D) efforts are leading to the creation of more effective and environmentally friendly molluscicide formulations. Manufacturers are developing molluscicides with reduced environmental impact, lower toxicity to non-target organisms, and improved persistence. These innovations enhance the market's attractiveness by addressing concerns about ecological and human safety. Advancements in application methods and technologies have improved the efficiency of molluscicide use. Precision agriculture techniques, such as variable rate application and the use of drones, enable precise and targeted molluscicide distribution. This minimizes wastage and reduces the quantity of molluscicides required, making pest control more cost-effective and sustainable.

Environmental and Regulatory Factors:

The increasing environmental awareness and concerns about the impact of chemical pesticides on ecosystems are leading to a growing interest in environmentally friendly pest control methods. This shift in consumer and regulatory sentiment is driving the development and adoption of molluscicides with reduced environmental toxicity. Regulatory bodies worldwide are imposing stricter regulations on the use of molluscicides to protect the environment, non-target species, and human health. Compliance with these regulations is essential for market players, encouraging them to develop safer and more sustainable molluscicide products. The promotion of Integrated Pest Management (IPM) practices, which emphasize the use of multiple pest control methods, including biological control, cultural practices, and reduced chemical inputs, is influencing the molluscicides market. Molluscicides are integrated into holistic pest management strategies that aim to minimize chemical use while effectively controlling mollusk pests.

Request for a sample copy of this report: https://www.imarcgroup.com/molluscicide-market/requestsample

Molluscicide Market Report Segmentation:

Breakup by Source:

Chemical Molluscicides
Metaldehyde
Ferric Phosphate
Methiocarb
Niclosamide
Biological Molluscicides

Chemical molluscicides dominate the market due to their effectiveness in mollusk pest control, wide availability, and proven track record in safeguarding agricultural and horticultural crops.

Breakup by Form:

Pellets
Liquids and Gels
Others

Pellets are the preferred form of molluscicides because of their ease of application, uniform distribution, and reduced risk of environmental contamination, making them the primary choice for pest control.

Breakup by Application:

Agricultural
Fruits and Vegetables
Cereals and Grain
Oilseeds and Pulses
Others
Non-Agricultural
Commercial
Residential

Agricultural enterprises face significant threats from mollusk pests that can damage crops, leading to a high demand for molluscicides in this sector to protect agricultural yields and ensure food security.

Breakup By Country Insights:

Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru, Others)
Middle East and Africa ( Turkey, Saudi Arabia, Iran, United Arab Emirates, Others)

Asia Pacific leads the global molluscicides market due to its vast agricultural activities, extensive crop cultivation, and the presence of mollusk pests that pose a substantial threat to agricultural productivity in the region.

Global Molluscicide Market Trends:

The rising trend towards the development and adoption of molluscicides with reduced environmental impact represents one of the key factors driving the growth of the molluscicide market across the globe. Manufacturers are investing in the research and development (R&D) of bio-based and biodegradable molluscicides that are less harmful to non-target organisms and ecosystems, aligning with the increasing demand for sustainable pest control solutions.

Integrated Pest Management practices are gaining prominence in agriculture. Molluscicides are being used as part of comprehensive IPM strategies that incorporate biological control methods, cultural practices, and reduced chemical reliance. This approach aims to minimize the use of molluscicides while effectively managing mollusk pests. While agriculture remains a significant market for molluscicides, their use is expanding into non-agricultural sectors.

Leading Companies Operating in the Global Molluscicide Industry:

ADAMA Ltd.
American Vanguard Corporation
Brandt Consolidated Inc.
Certis Europe BV (Mitsui & Co. Ltd.)
De Sangosse Ltd
Industrialchimica S.r.l. (Induchim Group)
Nufarm
PI Industries Ltd.

Ask An Analyst: https://www.imarcgroup.com/request?type=report&id=8021&flag=C

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Media Contact:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: [email protected]
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163