Technological Innovation To Focusing On Developing New Products: A Defining Factor in the Biological Molluscicides Market’s Growth Trajectory
How big is the biological molluscicides market today, and what are its future growth expectations?
The biological molluscicides market size has grown strongly in recent years. It
will grow from $6.5 billion in 2024 to $7 billion in 2025 at a compound annual
growth rate (CAGR) of 7.7%. The growth
in the historic period can be attributed to agricultural productivity
enhancement, rise in organic farming practices, resurgence of interest in
natural products, public concerns about food safety, increased resistance to
chemicals
The biological molluscicides market size is expected to see strong growth in
the next few years. It will grow to $10.12 billion in 2029 at a compound annual
growth rate (CAGR) of 9.6%. The growth
in the forecast period can be attributed to continued environmental emphasis,
consumer demand for sustainable agriculture, increasing focus on biorational
solutions, climate change impact on pest dynamics, market competitiveness.
Major trends in the forecast period include advancements in formulations,
development of target-specific products, integration into integrated pest
management, collaborations and partnerships.
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What have been the primary factors driving
the biological molluscicides market’s
growth?
The expansion of the agriculture sector is expected to boost the growth of the
biological molluscicides market going forward. The agriculture sector refers to
businesses that include cultivating crops, breeding animals, and gathering fish
and other wildlife from a farm, ranch, or their natural habitats. Biological
molluscicides play a crucial role to prevent snails and slugs, and eliminating
weeds, insects, and fungal pests, as a result, the expansion of the agriculture
sector is expected to boost the biological molluscicides market. For instance,
in February 2024, according to the data from the Department for Environment
Food & Rural Affairs, a UK-based government agency, reported that the total
factor productivity (TFP) of the agricultural industry in the United Kingdom
increased by 3.4% from 2021 to 2022. Therefore, the expansion of the
agriculture sector is driving the growth of the biological molluscicides
market.
What are the key segments within the biological molluscicides market?
The biological molluscicides market covered in this report is segmented –
1) By Type: Metaldehyde, Methiocarb, Ferrous Phosphate, Other Types
2) By Form: Pellet, Liquids, Gels
3) By Application: Field Crops, Horticultural Crops, Turf And Ornamentals,
Industrial, Other Applications
Subsegments:
1) By Metaldehyde: Standard Metaldehyde Formulations, Granular Metaldehyde
Products
2) By Methiocarb: Liquid Methiocarb Solutions, Granular Methiocarb Products
3) By Ferrous Phosphate: Ferrous Phosphate Pellets, Ferrous Phosphate Granules
4) By Other Types: Plant-based Molluscicides, Biological Control Agents,
Essential Oil-based Products
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Which key players are shaping the
biological molluscicides market?
Major companies operating in the biological molluscicides market include BASF SE, Bayer AG, Syngenta AG, Bayer
CropScience Ltd, UPL Limited, Adama Ltd., Nufarm Limited, Arxada AG, PI
Industries Ltd., Amvac Chemical Corporation, De Sangosse Ltd, Westland
Horticulture Ltd, Koppert Biological Systems India Private Limited, Zagro,
Certis UK, Marrone Bio Innovations Inc., W. Neudoff GmbH KG, Vestaron
Corporation, Doff Portland Ltd, Bioworks Inc., Ensystex Inc., Pro Farm Group
Inc., Phyteurop, Sinochem Crop Protection (phil.) Inc., Veterinary &
Agricultural Product Manufacturing Co. Ltd.(VAPCO), Industrialchimica S.r.l.
How will emerging trends drive the biological molluscicides market throughout the forecast period?
Major companies operating in the biological molluscicides market are adopting a
strategic collaboration approach to strengthen their market presence and offer
innovative solutions to their customers. Strategic collaboration refers to a
purposeful and planned partnership or alliance between two or more entities,
such as organizations, companies, or institutions, to achieve mutually
beneficial goals or objectives that align with their long-term strategies. For
instance, in March 2022, AMVAC Chemical Corp., a US-based agricultural
chemicals corporation, extended its collaboration agreement with Biotor Labs,
S.A., a Nicaragua-based biological molluscicide and other biopesticide
manufacturer, to create advanced products utilizing respective microbial
libraries. The extension of their Global Product Evaluation and Exclusive
Option contract until July 2024 accompanies the commencement of product
registrations in Mexico under the signed exclusive distribution agreement. This
contract extension presents an advantageous chance to strengthen the commercial
bond between Biotor and American Vanguard, enabling the exploration of new
markets and the identification of future microbial products for pest control
development.
How do regional factors impact the biological molluscicides market, and which region is the largest
contributor?
North America was the largest region in the biological molluscicides market in
2024. The regions covered in the biological molluscicides market report are
Asia-Pacific, Western Europe, Eastern Europe, North America, South America,
Middle East, Africa.
What Does The Biological Molluscicides
Market Report 2025 Offer?
The biological molluscicides market
research report from The Business Research Company offers global market size,
growth rate, regional shares, competitor analysis, detailed segments, trends,
and opportunities.
Biological molluscicides are substances of natural or biological origin
designed to manage or eradicate mollusks like slugs and snails in agriculture
or gardening. These agents are typically eco-friendly, using microorganisms or
plant-based extracts to specifically target mollusks while minimizing harm to
other organisms.
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