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Biological Molluscicides Market Report: Latest Insights, Growth Rate, Future Trends And Forecast To 2033
Biological Molluscicides Market Report
The Business Research Company presents an extensive market research report on the Biological Molluscicides Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The biological molluscicides market size has grown strongly in recent years. It will grow from $6.05 billion in 2023 to $6.54 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. 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 $9.06 billion in 2028 at a compound annual growth rate (CAGR) of 8.5%. 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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Key Market Players:
Major companies operating in the biological molluscicides market report are BASF SE, Bayer AG, Syngenta AG, Bayer CropScience Ltd, Lonza Group AG, UPL Limited, Adama Ltd., Nufarm Limited, Arxada AG, PI Industries Ltd., Solenis LLC, Amvac Chemical Corporation, De Sangosse Ltd, Westland Horticulture Ltd, Koppert Biological Systems India Private Limited, Zagro, Certis UK, Liphatech Inc., Marrone Bio Innovations Inc., W. Neudoff GmbH KG, Vestaron Corporation, DBA DoMyOwn, 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.
Market Drivers:
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 2022, according to a report published by the California Department of Food and Agriculture (CDFA), a US-based government organization, the sales value of agriculture in California, between the crop years of 2020 and 2021, increased by 3.6%. Additionally, California's agricultural export value increased to $22.5 billion, which is 7.0 percent more than in 2020. Further, organic sales in California climbed by 16.4% from $12.0 billion in 2020 to $14.0 billion in 2021. Therefore, the expansion of the agriculture sector is driving the growth of the biological molluscicides market.
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https://www.thebusinessresearchcompany.com/report/biological-molluscicides-global-market-report
The biological molluscicides market 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
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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