Biological Molluscicides Industry Forecasted for Rapid Expansion, Reaching $9.87 Billion by 2029
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How Is the Biological Molluscicides Market Expected to Expand in Terms of Size and Growth?
The biological molluscicides market size has grown strongly in recent years. It will grow from $6.5 billion in 2024 to $6.91 billion in 2025 at a compound annual growth rate (CAGR) of 6.3%. 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 $9.87 billion in 2029 at a compound annual growth rate (CAGR) of 9.3%. 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 Are the Key Market Drivers and Opportunities in the Biological Molluscicides Market?
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 Emerging Segments in the Biological Molluscicides Market?
The biological molluscicidesmarket 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
What Are the Key Industry Trends Transforming the Biological Molluscicides Market?
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.
Which Companies Are Driving Innovation in 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.
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What Are the Regional Insights for the Biological Molluscicides Market Forecast?
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.
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