Global Molluscicides Market Size By Type (Metaldehyde, Methiocarb), By Application (Field crops, Horticultural crops), By Region, And Segment Forecasts, 2023 to 2032

The Global Molluscicides Market was valued at USD 2.4 billion in 2023 and is projected to reach USD 4.6 billion by 2031, growing at a CAGR of 8.6% during the forecast period. This growth is driven by increasing awareness about crop protection, the rising demand for high-yield agricultural practices, and the expansion of horticultural activities globally. Molluscicides are essential in controlling slugs and snails, which are major agricultural pests, ensuring higher crop quality and yield.

Drivers

Rising Agricultural Productivity Demand: As the global population continues to grow, the demand for food and agricultural products is increasing, prompting the adoption of advanced pest control methods like molluscicides.

Expansion of Horticulture Practices: The growing popularity of horticulture, particularly in urban and semi-urban areas, is creating a demand for pest management solutions tailored to specific crops.

Innovative Formulations: Advancements in environmentally friendly and biodegradable molluscicides are supporting market growth by addressing environmental concerns.

Restraints

Environmental Impact of Chemical Molluscicides: The use of certain chemical molluscicides raises concerns about soil and water contamination, potentially limiting adoption.

Regulatory Challenges: Strict regulations and approval processes for chemical molluscicides can delay market entry for new products.

Opportunity

Growth in Organic Farming: The rising popularity of organic farming offers opportunities for natural and eco-friendly molluscicides.

Expansion in Emerging Markets: Increased agricultural activities in Asia-Pacific, Latin America, and Africa present significant opportunities for market growth.

Market by Type Insights

The Chemical Molluscicides segment accounted for the largest revenue share in 2023, driven by their effectiveness in controlling pest populations. However, the Biological Molluscicides segment is expected to witness the highest growth due to the growing preference for sustainable farming practices.

Market by Application Insights

The Agricultural Segment dominated the market in 2023, owing to the widespread adoption of molluscicides to protect crops such as wheat, maize, and rice. The Non-Agricultural Segment, including gardens and recreational areas, is also witnessing substantial growth, driven by increased landscaping and gardening activities.

Market by Regional Insights

North America held the largest share in 2023 due to advanced farming techniques and awareness about pest control.

Asia-Pacific is expected to register the highest growth rate during the forecast period, driven by increasing agricultural activities and population growth in countries like India and China.

Competitive Scenario

Key players in the market include Bayer AG, BASF SE, Syngenta AG, Lonza Group AG, Adama Agricultural Solutions, and De Sangosse. Companies are focusing on developing eco-friendly formulations and expanding their presence in emerging markets through strategic partnerships and acquisitions.

Scope of Work – Global Molluscicides Market

Key Market Developments

2023: Bayer AG launched an eco-friendly molluscicide targeting high-value crops, focusing on reducing environmental impact.

2024: BASF SE entered into a strategic partnership with agricultural cooperatives in Asia-Pacific to expand its molluscicide product line.

2025: Lonza Group AG introduced a biodegradable molluscicide specifically for organic farming applications.

FAQs

What is the current market size of the Global Molluscicides Market?

The market was valued at USD 2.4 billion in 2023.

What is the major growth driver of the Global Molluscicides Market?

The primary driver is the increasing demand for advanced pest control solutions to improve agricultural productivity.

Which is the largest region during the forecast period in the Global Molluscicides Market?

North America held the largest share in 2023, while Asia-Pacific is projected to grow the fastest.

Which segment accounted for the largest market share in the Global Molluscicides Market?

The Chemical Molluscicides segment led the market in 2023.

Who are the key market players in the Global Molluscicides Market?

Major players include Bayer AG, BASF SE, Syngenta AG, Lonza Group AG, and Adama Agricultural Solutions.

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