North America Market is Molluscicides expected to reach USD 271.47 million by 2021 from USD 217.74 billion in 2016, growing at a CAGR of 4.51%.
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The Molluscicides market is forecasted to show great potential over the mentioned period. The market has continued to gain momentum with the rising awareness among farmers related to the benefits of using Molluscicides to prevent molluscs attacking the crops.
To maintain the health and productivity of crops it is important to use Molluscicides frequently in farms.
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Molluscs are one of the worst enemies for the crops.
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They are responsible for damage in the crops by feeding on them. Thus, Molluscicides is an important product to tackle the problem of molluscs among farms.
They are used to counter gastropod pests like snails and slugs, which feed on crops and thus damage them. They are usually produced in the form of pellets or baits to attract molluscs.
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The rain-fast characteristic of the Molluscicides have resulted in a sharp rise in the product sales over recent years. Other factors driving the market include, adoption of agrochemicals around the globe, high demand for better quality horticulture crops and rising awareness about danger of molluscs.
There are some restraints faced by the market as well. These include regulatory restrictions, environmental threat of chemical use, lack of adequate resources and geographical limitations on Molluscicides use.
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The North America Molluscicides market is segmented by source, application, type, and mode of application. The market segmentation based on type is done into Methiocarb, Metaldehyde, and ferrous phosphate.
On the basis of source, the segmentation is done under biological and chemical. Based on applications the market is segmented under field crops, turf & ornaments, horticulture crops, and industrial.
Lastly, based on mode of application the segments are sprays, pellets, and powders. The Molluscicides market is dominated by chemical segment under segmentation by source, whereas based on type, the Metaldehyde segment holds the largest share in the market.
On the basis of geography, the North America market is analysed under various regions namely United States and Canada.
Lonza Group AG, Certis Europe B.V, Bayer Cropscience AG, De Sangosse SAS, BASF SE, Marrone Bio Innovations, Inc., Adama Agricultural Solutions Ltd., American Vanguard Corporation, Neudorff GmbH Kg, Doff Portland Ltd., are some of the major companies dominating the Molluscicides market.
Scope of the Report
- Regional and country-level analysisand forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
- Segment-level analysisin terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities, and challenges (DROC)in the market and their impact on shifting market dynamics
- Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
- Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysisfor analysing the level of competition and business strategy development
- A comprehensive list of key market playersalong with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
- Competitive landscape analysislisting out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
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- Expertly devised analyst overview along with Investment opportunitiesto provide both individuals and organizations a strong financial foothold in the market
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