Molluscicides are pesticides used for prevention of crops from slugs and snail which can damage the crops. The rising horticulture industry coupled is expected to drive the market for molluscicides. Further, rising cases of crop damage coupled with increased awareness regarding slugs and snail infestation amongst the farmers is anticipated to fuel the market during the forecast period. Moreover, rising research and development activities in the crop protection industry coupled with increased investments in the form of expansion and acquisitions is estimated to widen up the growth opportunity in the coming years. The market has been segmented on the basis of type, application, form and geography. In the type segment, chemical molluscicide is expected to hold a significant share in the market on account of rising usage of agricultural chemicals for prevention of infestation along with easy availability as compared to biological molluscicide. Geographically, Asia Pacific is projected to grow at a significant rate owing to the presence of developing economies such as China and India with huge agricultural industry along with presence of raw materials for molluscicides in the region.
Increasing demand for horticulture crops.
Stringent regulations for use of harmful chemicals.
In March 2019, Adama Agriculture Solution UK Ltd expanded their business by opening a new research and development centre in Israel.
The major players profiled in the Molluscicide market include Marrone Bio Innovations, Lonza, BASF SE, DE SANGOSSE, Doff Portland Ltd., Syngenta, AMVAC Chmeical Corporation, Adama Agriculture Solution UK Ltd., Bayer AG, Neudorff, Certis Europe, PI Industries.
The Molluscicide market has been analyzed through the following segments:
Iron Phosphate Molluscicide
Middle East and Africa