The Middle East and Africa molluscicides market size is expected to reach USD 44.43 million in 2024 and reach USD 52.92 million by 2029, growing at a CAGR of 3.56% from 2024 to 2029.
The molluscicides market is showcasing significant potential over the mentioned forecast period. The market continues to build up momentum with the farmers getting more aware about the outcomes of molluscs feeding on crops and the importance of use of molluscicides. The use of molluscicides has increased significantly over the recent times and is predicted to follow the same trend.
Molluscicides play a crucial part in helping farmers keep the crops away from damage due to pests. They are responsible for controlling gastropod pests like slugs and snails from feeding over the crops and thus damaging them. The main forms in which the molluscicides are found are snail baits and snail pellets, which attract pests and get rid of them.
The major factors driving the growth of the molluscicides market include the growing adoption of agrochemicals around various regions, rise in product sales as a result of rain-fast characteristics, demand for better quality horticulture crops, and growing awareness about mollusk control. On the other hand, the factors restraining the market are regulatory restrictions, limitations on usage due to geography, lack of proper resources, and lastly, the environmental risk due to excessive chemical use.
The market is dominated by the chemical segment and metaldehyde in their respective segments.
The major companies showing interest in the market lately include Bayer CropScience AG, Lonza Group AG, Adama Agricultural Solutions Ltd., BASF SE, Marrone Bio Innovations, Inc., De Sangosse SAS, American Vanguard Corporation, Doff Portland Ltd., Neudorff GmbH Kg, Certis Europe B.V.
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