Global Biological Molluscicides Market 2023 - By Size, Market Innovations, Growth Prospects And Outlook By 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Biological Molluscicides Global Market Report 2023 identifies expansion of the agriculture sector as the major driver for the Biological Molluscicides market's growth in the forecast period. 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.

The global biological molluscicides market is expected to grow from $5.62 billion in 2022 to $6.05 billion in 2023 at a compound annual growth rate (CAGR) of 7.73%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The biological molluscicides market is expected to reach $8.27 billion in 2027 at a CAGR of 8.11%.

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Major competitors in the Biological Molluscicides market are BASF SE, Bayer AG, Syngenta AG, Bayer CropScience Ltd, Lonza Group AG, UPL Limited, Adama Ltd., Nufarm Limited, Arxada AG.

A key trend in the Biological Molluscicides market includes technological innovation. Major companies operating in the biological molluscicides market are focusing on developing new products to sustain their position in the market. For instance, in November 2020, AgNova Technologies Pty Ltd, an Australia-based business that sources create, and sells specialized crop protection products, launched Metarex Inov, a new formulation of the already popular slug and snail bait Metarex. The unique feature of this product is the integration of Colzactive technology. The product excels in terms of attractiveness, better palatability, and speed of kill while maintaining well-known long-lasting protection, being IPM-friendly, and having superb ballistics. The effectiveness of Metarex Inov has been thoroughly tested under Australian circumstances.

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The Biological Molluscicides market is segmented -

• By Type: Metaldehyde, Methiocarb, Ferrous Phosphate, Other Types
• By Form: Pellet, Liquids, Gels
• By Application: Field Crops, Horticultural Crops, Turf And Ornamentals, Industrial, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Biological Molluscicides market.

The Business Research Company's "Global Biological Molluscicides Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Biological Molluscicides Market Include:

1. Executive Summary
2. Biological Molluscicides Market Characteristics
3. Biological Molluscicides Market Trends And Strategies
4. Biological Molluscicides Market - Macro Economic Scenario
5. Global Biological Molluscicides Historic Market Size and Growth, 2017 - 2022, Value ($ Billion)
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32. Global Biological Molluscicides Market Competitive Benchmarking
33. Global Biological Molluscicides Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Biological Molluscicides Market
35. Biological Molluscicides Market Future Outlook and Potential Analysis
36. Appendix

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