North America Molluscicide Market – Growth & Forecast (2024 – 2032)

Published : 30 Aug 2024
Report Type : Regional

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North America Molluscicide Market - Size
Study Period
2018 - 2030
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
CAGR
7 %
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Molluscicides otherwise called snail traps and snail pellets, are pesticides against molluscs, which are generally utilised as a part of farming or cultivating, keeping in mind the end goal to control gastropod bugs particularly slugs and snails which harm crops or other esteemed plants by encouraging on them. The various chemicals can be utilised as a molluscicides are metal salts including iron III phosphate, ferric sodium EDTA, aluminium sulphate, Metaldehyde, methiocarb and acetylcholinesterase inhibitors, acts as a contact poison which are highly toxic to the animals and humans whereas metal salts are non-toxic and methiocarb can cause the intense toxicity to the individuals exposed to it and will likewise harm water organisms.

North America Molluscicide Market Segments Size & Growth:

North America Molluscicide Market size is projected to reach approximately $XX billion by the end of 2024 with a CAGR of close to XX% from $XX billion in 2017 during the forecast timeline 2018-2024. The major factors that propel the growth of the North America Molluscicide Market are increasing adoption of agrochemicals in developing countries, rainfast characteristic of molluscicides and demand for high-value horticulture crops are the key factors that are driving the market growth. However, the high cost of development and strict government legislation, limited investment in R&D, health hazards related to using of chemical molluscicides, excessive use of harmful chemicals causing a threat to the environment, need for efficient distribution systems, and geographical limitation in usage are the factors that are hindering the growth of the market. On the other hand, emerging markets for molluscicides in Asia-Pacific is

North America Molluscicide Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
the major opportunity that drives the market during the forecast period.

North America Molluscicide Market Segments Share:

North America Molluscicide Market is segmented by the source which consists of chemical and biological molluscicides. Among these segments, chemical molluscicides have the largest market share, since these are extensively used in the manufacturing of molluscicides which are available in the market and the main growth of the market is because of the growing customer attention towards increasing the crop value of fruits, vegetables, ornaments and others. By type, the market is segmented into metaldehyde, methiocarb, ferrous phosphate and others. Among these segments, metaldehyde contributes the largest market share since it is widely used in the molluscicide products and these are easily available and reasonable at cost. On the basis of the method of application, the market is segmented into pellets, sprays, and powders, in which powder segment is the fastest growing segment since it can be used in various levels of active ingredient concentrations and it is gaining more popularity among agricultural procedure owing to the ease of application of this method.

By application, the market is segmented in to field crops, horticulture crops, turf & ornaments, industrial and others. Among these segments, field crops account for the largest market share, under this strawberry crop is anticipated to grow at the highest CAGR during the forecast period owing to the growing demand from various food industries that require higher yields of cultivation. By Geography, U.S., Canada, and Mexico are the major producers of corn, rapeseed and horticulture crops, and chemical molluscicides are

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North America Molluscicide Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
widely used in North America owing to the increased usage of metaldehyde and methiocarb for the production of molluscicides in this region.

North America Molluscicide Market Trends:

  • Lonza Group AG announces the launch of Meta Metaldehyde, which is the leading active ingredient against slugs and snails and specifically targets molluscs.
  • Mesurol 2 RB by Bayer CropScience AG, which is a high-quality molluscicide pellet which is resistant to weather conditions and mould.

North America Molluscicide Market Research Report:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.

Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact in altering the market dynamics.

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

The major key players in the North America Molluscicide Market are:

  • Lonza Group AG
  • Bayer CropScience AG
  • Unichem Limited
  • Amvac Chemical Corporation
  • Adama Agricultural Solutions Ltd.

Along with these companies, there were many other companies considered/cited in the report while analysing the North America Molluscicide Market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.

 

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