Biological Molluscicides Market to Grow with a CAGR of 4.65% through 2029
Surge in research and development activities is expected to drive the Global Biological Molluscicides Market growth in the forecast period, 2025-2029.
According to TechSci Research report, “Biological
Molluscicides Market - Global Industry Size, Share, Trends, Competition
Forecast & Opportunities, 2029F”, the Global Biological Molluscicides
Market stood at USD 381.04 Million in 2023 and is anticipated to grow with a CAGR
of 4.65% through 2029. Government initiatives focused on biological molluscicides have created favorable market conditions for the Global Biological Molluscicides Market. Several factors contribute to the growth of various biological molluscicide products. Governments worldwide are increasingly funding and supporting research on invasive species and their control. For instance, the US Geological Survey is dedicated to studying the ecological and economic impacts of invasive mussels. Through comprehensive research, scientists gain deeper insights into these invasive species and develop effective mitigation strategies. This knowledge often leads to the development and promotion of biological molluscicides, which aid in managing and controlling invasive mussels and similar species. Commitment to research and innovation in this field is essential for preserving ecosystems and protecting biodiversity for future generations. Research and development (R&D) efforts have been pivotal in advancing molluscicide formulations. These advancements have not only improved the efficacy of these products but also made them more user-friendly, increasing their appeal among farmers. Consequently, more farmers are adopting and utilizing these innovative products, driving overall market demand.
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The Global Biological Molluscicides Market is
segmented into type, application, regional distribution, and company.
Based on Type, Methiocarb have emerged as the dominating segment in Global Biological Molluscicides Market during the forecast period. Methiocarb is highly effective in controlling a wide range of mollusks, including snails and slugs, making it a preferred choice among farmers and agricultural professionals. Its versatility allows it to be used in various crops and environments, providing broad-spectrum mollusk control. This adaptability to different agricultural settings contributes to its widespread use. Methiocarb is often more cost-effective compared to other molluscicides, offering an optimal balance between price and performance. This affordability makes it an attractive option for farmers seeking to manage costs while maintaining pest control efficacy. With its long-standing market presence, methiocarb has built a reputation for reliability and effectiveness, enhancing its acceptance and trust among users.
Based on Region, North America have emerged as the fastest growing region in Global Biological Molluscicides Market during the forecast period. There is an increasing awareness and demand for environmentally friendly and sustainable agricultural practices. Farmers and agricultural professionals are progressively turning to biological molluscicides as a safer alternative to traditional chemical pesticides for managing mollusk infestations. Stringent environmental regulations and government initiatives promoting eco-friendly products have created favorable market conditions. Policies aimed at reducing chemical pesticide use and encouraging integrated pest management practices are driving the adoption of biological molluscicides. North America hosts significant research and development activities in the agricultural sector. Advances in biotechnology and the development of more effective and user-friendly biological molluscicide formulations have made these products more accessible and appealing to farmers.
Major companies operating in Global Biological
Molluscicides Market are:
·
Lonza Group Ltd.
·
Bayer CropScience Limited
·
AMVAC Chemical Corporation
·
BASF SE
·
Adama Agricultural Solutions Ltd
·
De Sangosse Ltd
·
Syngenta Crop Protection AG
· QINGDAO HISIGMA CHEMICALS CO., LTD
·
INDUSTRIALCHIMICA S.R.L.
·
Doff Portland Ltd
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“The global shift towards organic farming is gaining momentum as consumers increasingly demand organic produce, driven by health concerns and environmental awareness. Biological molluscicides, derived from natural sources, align perfectly with organic farming principles by offering a safer, non-toxic alternative to chemical pesticides, reducing the risk of soil and water contamination. This trend is expected to significantly boost the demand for biological molluscicides in the coming years”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.
“Biological Molluscicides Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Metaldehyde, Methiocarb, Ferrous Phosphate, Others), By Application (Field Crops, Horticultural Crops, Turf & Ornamentals, Industrial, Other), By Region and Competition, 2019-2029F”, has evaluated
the future growth potential of Global Biological Molluscicides Market and
provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Biological Molluscicides Market.
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