Molluscicide Market Size, Share & Trends Analysis Report By Source (Chemical, Biological), By Form (Pellets, Liquid & Gel), By Application (Agricultural, Non-Agricultural), By Region, And Segment Forecasts, 2023 - 2030

Molluscicide Market Growth & Trends

The global molluscicide market size is expected to reach USD 198.3 Million by 2030, expanding at 6.8% CAGR from 2023 to 2030, according to a new report by Grand View Research, Inc. The growth is majorly driven by increasing demand for high-value food supply owing to the rapidly growing population globally.

Molluscicides are pesticides used to control and eliminate mollusks, specifically snails, slugs, and their eggs. These pests cause significant damage to crops, gardens, and other plant life. Hence, these products are widely used in agriculture, horticulture, and home gardening.

One of the most commonly used chemicals is metaldehyde which is widely used as a bait to control slugs and snails in home gardens and commercial agriculture. Metaldehyde is a highly effective product, but its use has been linked to harming non-target organisms, especially birds. Additionally, metaldehyde can contaminate soil and water, leading to long-term ecological problems. Therefore, regulators and industry stakeholders are looking for safer and more sustainable alternatives.

Methiocarb-based products are another common type of chemical product used to control populations of snails and slugs. These substances work by blocking the action of the acetylcholinesterase enzyme, leading to muscle spasms and death. Methiocarb-based products are available in several forms such as pellets and liquids.

Biological or sustainable product types have seen a sharp rise in demand in recent years, due to the growing concerns over the use of chemical pesticides and their impact on the environment. Biological products are a safer and more sustainable alternative to chemical products, as they are based on living organisms that can selectively target mollusks while leaving other non-target organisms unharmed.

The demand for the product in Asian countries like India & China is growing, and research and development in the field of molluscicides is gaining momentum. Researchers are exploring more sustainable options to control snail and slug populations, by the use of natural compounds.

Molluscicide Market Report Highlights

• The chemical is the largest source segment accounting for a revenue share of over 65% in 2022 owing to due to their ability to eliminate snail and slug infestations quickly
• The most commonly used chemical products include metaldehyde, methiocarb, and iron phosphate
• The agricultural application segment is anticipated to grow at a CAGR of 6.9% from 2023 to 2030 by revenue owing to increasing consumption of cereals & grains, such as rice, barley, corn, oats, wheat, and sorghum due to their nutritional benefits
• Pellet form is the largest segment accounting for a revenue share of over 62% in 2022 owing to the easy, convenient, and most commonly used method of delivering molluscicides for mollusks control in the agricultural industry
• Asia Pacific dominated the regional product market with a revenue share of over 38% in 2022 due to increasing. This is attributed to the increasing adoption rates of products in countries such as China and India. which are major producers and consumers of agricultural products
• The major industry participants of molluscicide globally are Certis USA L.L.C.; Bayer AG; Agchem Manufacturing Corporation; and Adma Agricultural Solutions

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