The South America molluscicides market size is estimated to register a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to rising demand for high-quality food, as well as an increase in the frequency of snail and slug infestations, primarily in cereal crops such as rice, maize, and wheat.
Mollusks are a type of pest that feeds on crops. Snails and slugs are the most common mollusks. Snails and slugs eat plant leaves, stems, and roots. Snails and slugs have been known to eat complete young seedlings in huge infestations. They prey on and eat a broad range of plants. Mollusk attacks on plants cause a considerable reduction in plant production and may even end in the death of the plant. Molluscicides are used to kill mollusks in crops and plants.
Farmers are increasingly using molluscicides in their crops as crop losses from snails and slugs rise. Molluscicides are insecticides that kill mollusks, a phylum of invertebrates that includes tens of thousands of species. Molluscicides are used to kill octopi and squid, as well as snails and slugs. Pesticides against mollusks are sometimes known as snail baits, snail pellets, or slug pellets, are typically used in agriculture or gardening to manage gastropod pests, particularly slugs and snails.
During the pandemic, a sudden and unexpected increase in demand for pest control left manufacturers, suppliers, and retailers scrambling to keep active chemicals on the shelves. Labor shortages and a reduction in the availability of raw materials are the result of movement restrictions and sickness.
Market Trends, Drivers, Restraints, and Opportunities
- Rising demand for high-quality food, as well as an increase in the frequency of snail and slug infestations, primarily in cereal crops such as rice, maize, and wheat are projected to propel the market during forecast period.
- Increasing adoption of agrochemicals is major factor fueling the market in the coming years.
- Regulatory restrictions on the use of molluscicide products are anticipated to hinder the market growth.
- Lack of awareness among the farmers act as main challenge that can hamper the market during the forecast period.
- The introduction of green and eco-friendly molluscicide solutions, as well as a rising awareness of the need to manage mollusks control is expected to create significant opportunities for the market players.
Scope of the Report
The report on the South America molluscicides market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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South America Molluscicides Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2020
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Historic Data
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2018–2019
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Forecast Period
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2021–2028
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Segmentation
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Product Group (Ferric Phosphate, Metaldehyde, Methiocarb, and Niclosamide), Application Type (Grains and Cereals, Pulse and oil seeds, Fruits and Vegetables, Plantation Crops and Others)
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Geographical Scope
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Brazil, Argentina, and Rest of South America
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Huagro, rizobacter s.a, Bequisa, Lonza Cologne Gmbh, and Bayer Crop Science AG.
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Market Segment Insights
The metaldehyde segment is projected hold a large market share
On the basis of product group, the South America molluscicides market is fragmented into ferric phosphate, metaldehyde, methiocarb, and niclosamide. The metaldehyde segment is expected to represent a key share of the market during the forecast period. Metaldehyde is a pesticide that is permitted for use on a range of vegetable and ornamental crops in the field and greenhouse, as well as on fruit trees, small fruit plants, avocado and citrus orchards, berry plants, banana plants, and in restricted residential areas. It is marketed as a molluscicide under a variety of brand names. Slug pellets, which usually include a wheat bait, are the most common type of application.
The plantation crop segment is expected to grow at a rapid pace
On the basis of application type, the South America molluscicides market is segregated into grains and cereals, pulse and oil seeds, fruits and vegetables, plantation crops and other applications. The plantation crop segment is anticipated to represent a key share of the market during the forecast period. A plantation is a large-scale estate, usually centered on a plantation house, that is used for cash crop production. Cotton, coffee, tea, chocolate, sugar cane, opium, sisal, oil seeds, oil palms, fruits, rubber trees, and forest trees are among the crops cultivated. Snails and slugs are major pests of cereal crops including wheat, barley, oats, and oilseed rape, as well as ornamental and vegetable plants. They eat on seeds, seedlings, and plants above and below ground, causing damage to shoots, roots, leaves, flowers, and limiting plant growth.
Brazil is anticipated to dominate the market
On the basis of regions, the South America molluscicides market is classified as Brazil, Argentina, and Rest of South America. Brazil is anticipated to dominate the market during the forecast period. Growth of the market in the region is attributed to increasing farmer knowledge about crop protection chemicals. Snails and slugs are abundant, and they may be found on nearly any cropping scheme. Mollusk reproduction is aided by moist circumstances, plant leftovers, and organic manures on the soil surface. The amount of harm these species inflict varies depending on the crop. Wheat seedlings, corn, soybeans, and wide leaf crops are all severely harmed by slugs and snails.
Segments
Segments Covered in the Report
The South America molluscicides market has been segmented on the basis of
Product group
- Ferric Phosphate
- Metaldehyde
- Methiocarb
- Niclosamide
Application type
- Grains and Cereals
- Pulse and oil seeds
- Fruits and Vegetables
- Plantation Crops
- Others
Geography
- Brazil
- Argentina
- Rest of South America
Key Players
- Huagro
- rizobacter s.a
- Bequisa
- Lonza Cologne Gmbh
- Bayer Crop Science AG.
Competitive Landscape
Key players competing in the South America molluscicides market include Huagro, rizobacter s.a, Bequisa, Lonza Cologne Gmbh, and Bayer Crop Science AG.
Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
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