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Molluscicides Market worth $909 million by 2026 - Exclusive Report by MarketsandMarkets™

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MarketsandMarkets

12 May, 2021, 12:30 GMT

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CHICAGO, May 12, 2021 /PRNewswire/ -- According to the new market research report "Molluscicides Market by Type (Chemical [Metaldehyde, Methiocarb, Ferric Phosphate] And Biological Molluscicides), Application (Agricultural and Non-Agricultural), Form (Pellets, and Liquid & Gel), and Region - Global Trends & Forecast to 2026", published by MarketsandMarkets™, the Molluscicides Market is estimated to be USD 711 million in 2021 and is projected to reach USD 909 million by 2026, at a CAGR of 8.5% during the forecast period. The high commercial losses incurred due to snail attacks on horticulture crops have increased the usage of molluscicides for these crops. Further, the golden apple snail (GAS) is among the growing species of snails that attack rice crops in Asian countries such as China and Japan. For this reason, the demand for biological molluscicides is increasing significantly across all regions. 

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=177621172

The agricultural segment is estimated to account for the larger share of the molluscicides market, by application, in 2020.

On the basis of application, the agricultural segment is estimated to hold the larger share of the molluscicides market in 2020. The agricultural application of molluscicides includes cereals & grains; fruits & vegetables; and oilseeds & pulses, while the non-agricultural application includes residential and commercial uses. The applicability of molluscicides is mainly limited to low-lying crops that are susceptible to attacks by snails and slugs that travel through water bodies. 

Browse in-depth TOC on "Molluscicides Market"
73 – Tables
41 – Figures
147 – Pages

The chemical molluscicides segment is estimated to hold the larger share in 2020, by type.

On the basis of type, the chemical molluscicides segment dominated the global molluscicides market in 2020. Metaldehyde and methiocarb are the main active ingredients used in chemical molluscicides. For many decades, chemical molluscicides have been widely used in the market. However, the US EPA restricts the use of metaldehyde as a pesticide due to its negative impact on the environment and on the health of animals and humans.

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North America is estimated to dominate the molluscicides market in 2020.

North America is estimated to be the largest market for molluscicides in 2020. The high production of corn, oilseeds, and horticulture crops in the region is the major driver for the molluscicides market. Bulk production of these crops creates the need for molluscicides to control insects, pests, and weeds for better and efficient production. The key players in the US market include AMVAC Chemical Corporation (US) and Marrone Bio Innovations Inc. (US). To gain market share, these companies are adopting strategies such as innovative product developments, partnerships, mergers & acquisitions, and expansions of existing facilities.

This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies. It includes profiles of leading companies such as Lonza Group (Switzerland), Bayer AG (Germany), American Vanguard Corporation (US), BASF SE (Germany), Adama Agricultural Solutions (Israel), Marrone Bio Innovations (US), De Sangosse (UK), Doff Portland (UK), Certis Europe (Netherlands), PI Industries (India), Syngenta Group (Switzerland), Animal Control Technologies Ltd (Australia), Agro-Unitek (China), Impex Europa S.L.(Spain), Industriachimca (Italy), Garden Safe (US), Nufarm (Australia)and Neudorff GmbH (Germany).

Related Reports:

Insect Pest Control Market by Insect Type (Termites, Mosquitoes, Cockroaches, Bedbugs, Ants, Flies), Control Method (Chemical, Physical, Biological), Application (Commercial & Industrial, Residential, Livestock Farms), and Region - Global Forecast to 2023 
https://www.marketsandmarkets.com/Market-Reports/insect-pest-control-market-26785207.html

Rodenticides Market by Type (Non-anticoagulants, Anticoagulants (FGAR, SGAR)), End use (Agricultural fields, Warehouses, Residential, Commercial), Mode of application (Pellet, Spray, and Powder), Rodent type, and Region - Global Forecast to 2026
https://www.marketsandmarkets.com/Market-Reports/rodenticides-market-189089498.html

Browse Adjacent Reports: Agrochemicals Market Research Reports & Consulting

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC. 
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/molluscicide-market.asp 
Visit Our Web Site: https://www.marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/molluscicide.asp 

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