The global molluscicide market size is forecast to increase from USD 126.4 million in 2023 to USD 247.4 million by 2033. Over the assessment period from 2023 to 2033, global sales of molluscicides are likely to surge at 6.9% CAGR.
In 2022, the worldwide molluscicide industry valuation totaled USD 117.6 million. For the forecast period, global molluscicide demand is predicted to rise rapidly, resulting in the market generating an absolute $ opportunity of USD 121.0 million.
Demand is expected to remain high for molluscicides derived from biological sources. This is due to growing preference for natural & safe molluscicides and increasing awareness about the harmful effects of chemical molluscicides on the environment.
According to Future Market Insights (FMI), demand for biological molluscicides grew at 8.4% CAGR historically. For the assessment period, the biological segment is forecast to thrive at a 6.8% CAGR.
To gain maximum profits and walk with the tide, key molluscicide companies are concentrating on developing more safe and eco-friendly products derived from biological sources.
Key Market Shaping Factors:
Molluscicides are pesticides used to manage and control the mollusk population. These pesticides are also referred to as snail pellets or snail baits. They help farmers to kill mollusks and improve crop protection.
Although mollusks are generally beneficial and play key roles in ecosystems, certain species can become agricultural pests. They can destroy crops and reduce crop quality as well as yields. To address this, crop growers use molluscicides.
Rising usage of molluscicides in agriculture to improve crop protection and yields is expected to boost the global market during the forecast period. Subsequently, widening applications in gardening and aquaculture is likely to bolster molluscicide sales through 2033.
Molluscicides are being widely employed to manage mollusk populations that pose threats to crops, aquatic systems, gardens, and human health. They help farmers in improving agricultural productivity as well as pest management.
Increasing focus of farmers to protect their crops and maximize yields for meeting global food demand is expected to fuel adoption of effective solutions such as molluscicides.
Rising concerns about food insecurity is acting as a catalyst triggering growth in the global molluscicide industry, and the trend is expected to continue through 2033.
Increase in crop pests & diseases is becoming a global threat resulting in crop losses and food insecurity. For instance, as per the Food and Agricultural Organization (FAO), about 40% of global crop production is lost annually to pests.
To counter crop loss due to pests, farmers are increasingly using pesticides such as molluscicides. This is anticipated to foster market development over the assessment period.
Crop growers are mostly employing chemical molluscicides and biological molluscicides for controlling snail and slug menace in fields.
Leading molluscicide manufacturers are committed to developing eco-friendly solutions to meet requirements of organic and sustainable agriculture. This is likely to bode well for the overall market performance.
Attributes | Key Insights |
---|---|
Estimated Global Molluscicide Market Value (2023) | USD 126.4 million |
Projected Size (2033) | USD 247.4 million |
Value-based CAGR (2023 to 2033) | 6.9% |
United States Market CAGR (2023 to 2033) | 6.9% |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
According to Future Market Insights (FMI), global molluscicide sales increased at around 8.6% CAGR historically from 2018 to 2022. Total market value USD 84.4 million in 2018 to about USD 117.6 million by the end of 2022.
Looking forward, the global market for molluscicides is predicted to expand at a CAGR of 6.9% through 2033. It is set to generate an absolute $ opportunity of USD 121.0 million during the assessment period.
Increasing demand for molluscicides from agricultural and non-agricultural sectors is driving the global market forward, and the trend is likely to continue through 2033.
Rising awareness about the impact of mollusk populations that pose threats to crops is prompting them to use molluscicides. These substances or agents are specifically designed to control or kill mollusks.
Growing usage of molluscicides by crop growers to manage and control snail & slug infestation will therefore continue to provide impetus for market expansion through 2033.
Different measures are being employed by farmers, gardeners, and other end users to control pest populations. These include biological control (biological molluscicides) and chemical control (chemical molluscicides).
Metaldehyde, methiocarb, and iron EDTA are few of the commonly used chemicals for controlling slugs and snails. However, these chemicals have a negative impact on human health and the environment. As a result, end users are shifting their preference towards biological molluscicides.
Rapid shift towards eco-friendly and sustainable pest control solutions such as biological molluscicides for managing and controlling mollusks is expected to foster market development.
Another prominent factor impacting molluscicide sales is the rising food insecurity caused by population explosion and reduction in arable land.
Severe food insecurity increased from 10.9% in 2020 to 11.7% in 2021 as per the Food and Agriculture Organization (FAO) of the United Nations. This is prompting farmers throughout the world to use fertilizers and pesticides such as molluscicides.
Increasing efforts towards ensuring food security and preventing introduction of invasive mollusk species is anticipated to uplift demand for molluscicides during the forecast period.
Country | United States |
---|---|
Historical CAGR (2018 to 2022) | 8.5% |
Market Value (2033) | USD 45.6 million |
Projected CAGR (2023 to 2033) | 6.9% |
Country | United Kingdom |
---|---|
Historical CAGR (2018 to 2022) | 7.9% |
Market Value (2033) | USD 8.8 million |
Projected CAGR (2023 to 2033) | 6.8% |
Country | China |
---|---|
Historical CAGR (2018 to 2022) | 8.4% |
Market Value (2033) | USD 43.7 million |
Projected CAGR (2023 to 2033) | 6.9% |
Country | Japan |
---|---|
Historical CAGR (2018 to 2022) | 8.4% |
Market Value (2033) | USD 85.7 million |
Projected CAGR (2023 to 2033) | 6.8% |
Country | South Korea |
---|---|
Historical CAGR (2018 to 2022) | 7.9% |
Market Value (2033) | USD 14.3 million |
Projected CAGR (2023 to 2033) | 6.7% |
The United States molluscicide market expanded at a CAGR of 8.5% during the historical period. Looking forward, molluscicide demand in the United States is projected to rise at 6.9% CAGR during the assessment period.
By 2033, the United States molluscicide industry is anticipated to total a valuation of USD 45.6 million. It is likely to generate an absolute $ opportunity of USD 22.2 million during the projection period.
Rising focus on improving food protection to reduce crop loss and address increasing food insecurity is expected to uplift molluscicide demand across the United States.
In recent years, there has been a sharp increase in crop loss across the United States due to pests and other factors. This in turn is encouraging the adoption of pesticides such as molluscicides, thereby fueling market growth.
The unchecked population of mollusks, particularly those that are considered pests or invasive species, causes significant damage to crops, thereby affecting quality and yields. To address this, American farmers use molluscicides.
Molluscicides help crop growers to manage and control the population of mollusks. They are often used as a part of integrated pest management strategies to control invasive mollusk species.
Japan is expected to remain the most lucrative market for molluscicide manufacturers during the forecast period. According to Future Market Insights (FMI), Japan molluscicide market size is projected to reach USD 85.7 million by 2033.
Over the forecast period, sales of molluscicides in Japan are likely to soar at 6.8% CAGR, creating an absolute $ opportunity of USD 17.2 million. Historically, Japan molluscicide industry expanded at 8.4% CAGR.
Increasing usage of intensive agricultural practices and rising popularity of integrated pest management approaches are key factors influencing molluscicide sales in Japan.
In Japan, rising adoption of intensive agricultural practices in Japan has dramatically increased pest pressures, including mollusks. To cope with this and improve crop yield, farmers are utilizing molluscicides.
Increasing research and development activities for creating new and improved molluscicides with enhanced efficacy and minimum environmental impact is another key factor boosting Japan market.
Top Segment (Source) | Biological |
---|---|
Historical CAGR (2018 to 2022) | 8.4% |
Projected CAGR (2023 to 2033) | 6.8% |
Top Segment (Source) | Pellet |
---|---|
Historical CAGR (2018 to 2022) | 8.2% |
Projected CAGR (2023 to 2033) | 6.7% |
Based on source, the global molluscicide industry is segmented into biological and chemical. Among these, molluscicides derived from biological sources are expected to remain high in demand.
Growth of the biological segment is attributable to rising end user preference for natural molluscicides on account of their safe and effective nature.
As per Future Market Insights (FMI), biological molluscicide segment is expected to thrive at 6.8% CAGR during the assessment period in comparison to 8.4% CAGR registered from 2018 to 2022.
Biological molluscicides are substances or agents derived from living organisms such as fungi, bacteria, plants, or animals. These molluscicides are being increasingly used to manage and control mollusc pollution.
As biological molluscicides are less harmful to non-target organisms and environment, they offer an eco-friendly and sustainable approach to mollusc pest management. These natural molluscicides are becoming safe and effective replacements for traditional chemical molluscicides.
Few examples of biological molluscicides include nematodes, bacteria, fungi, and plant extracts. Molluscicides such as Heterorhabditis spp (nematode) and Bacillus thuringiensis (bacteria) are being used as biological control agents against molluscs.
Molluscicides derived from biological sources often contain compounds that are toxic to molluscs. They help growers to effectively control mollusc population without impacting the environment.
Growing preference for natural and eco-friendly molluscicides for managing and controlling mollusc populations is expected to fuel biological molluscicide sales during the assessment period.
Similarly, implementation of stringent regulations on the usage of harmful chemicals is likely to boost the target segment through 2033.
Based on form, the worldwide market for molluscicides is categorized into pellet and liquid/gel. Among these, pellet segment is expected to hold a dominant market share by 2033 owing to rising usage of molluscicide pellets by end users on account of their multiple advantages.
According to Future Market Insights’ (FMI’s) latest analysis, pellet segment witnessed a CAGR of 8.2% during the historical timeframe. For the projection period, the target segment is likely to progress at 6.7% CAGR.
The pellet form of molluscicides offers several benefits which is encouraging their adoption. These include ease of use, slow release, longer residual activity, targeted application, flexibility, and less environmental impact.
Pellets are also easy to store and transport which is adding to their popularity. Growing usage of molluscicide pellets or snail pellets due to their attractive benefits is expected to boost the target segment during the projection period.
Leading manufacturers of molluscicides listed in the report include Certis USA L.L.C., Lonza, Bayer, Zagro, Adama Agricultural Solutions, Agchem Manufacturing Corporation, Philagro, AMGUARD Environmental Technologies, Neudorff, and Marrone Bio Innovations among others.
These top molluscicide manufacturing companies are concentrating on developing novel solutions to meet rising end user demand. They also use tactics such as mergers, partnerships, agreements, acquisitions, facility expansions, and collaborations to solidify their positions.
Recent developments
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Attribute | Details |
---|---|
Estimated Market Value (2023) | USD 126.4 million |
Projected Market Value (2033) | USD 247.4 million |
Anticipated Growth Rate (2023 to 2033) | 6.9% CAGR |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | Revenue in USD Million/Billion, Volume in Units, and CAGR from 2023 to 2033 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered | Source, Form, Application, and Region |
Regions Covered | North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; and the Middle East & Africa |
Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, United Kingdom, France, Italy, Spain, Nordic, Russia, Poland, China, India, Thailand, Indonesia, Australia and New Zealand, Japan, GCC countries, North Africa, South Africa, and others. |
Key Companies Profiled | Lonza; Certis USA L.L.C.; Bayer; Zagro; Agchem Manufacturing Corporation; Adama Agricultural Solutions; AMGUARD Environmental Technologies; Neudorff; Philagro; Marrone Bio Innovations |
The global molluscicide market value totaled USD 117.6 million in 2022.
The global molluscicide market size is expected to reach USD 126.4 million in 2023.
The global industry is predicted to reach a valuation of USD 247.4 million by 2033.
The global market exhibited a CAGR of 8.6% from 2018 to 2022.
Global molluscicide demand is forecast to increase at 6.9% CAGR through 2033.
Thriving at 6.7% CAGR, pellet form segment is expected to lead the market.
With a valuation of USD 85.7 million in 2033, Japan is set to dominate the global market.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Source 5.1. Biological 5.2. Chemical 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Form 6.1. Pellet 6.2. Liquid/Gel 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 7.1. Agricultural 7.1.1. Fruits and Vegetables 7.1.2. Oilseed and Pulses 7.1.3. Cereals & Grains 7.1.4. Others 7.2. Non-Agricultural 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. North America 8.2. Latin America 8.3. Western Europe 8.4. Eastern Europe 8.5. South Asia and Pacific 8.6. East Asia 8.7. Middle East and Africa 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 16. Key Countries Market Analysis 17. Market Structure Analysis 18. Competition Analysis 18.1. Lonza 18.2. Certis USA L.L.C. 18.3. Bayer 18.4. Zagro 18.5. Agchem Manufacturing Corporation 18.6. Adma Agricultural Solutions 18.7. AMGUARD Environmental Technologies 18.8. Neudorff 18.9. Philagro 18.10. Marrone Bio Innovations 19. Assumptions & Acronyms Used 20. Research Methodology
Explore Chemicals & Materials Insights
View Reports