Market Size of South America Molluscicides Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.50 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
South America Molluscicides Market Analysis
South America Molluscicides Market is projected to grow at a CAGR of 3.5% during the forecast period (2020-2025). The increase in demand for quality food produce and given the increasing occurrence of snail and slug infestations, mainly in cereal crops like rice, maize, and wheat is driving the market. Lack of awareness among the farmers in some parts of the regions about the benifits of using Mollucicides is restraining the market growth.
South America Molluscicides Industry Segmentation
Molluscicides are the pesticides used for controlling mollusks (snails and slugs). The mollusc species have been noted to cause huge agricultural losses and has become one of the major threats. Damage caused by snails and slugs to crops varies considerably with the season and year. Snails and slugs are serious pests, especially of cereals such as wheat, barley, oats and oilseed rape, and also of ornamental and vegetable plants. They feed both above and below the surface of the ground, on seeds, seedlings, and plants, damaging shoots, roots, leaves, and flowers, therefore reducing plant stand and crop yield.
| Product Type | |
| Ferric Phosphate | |
| Metaldehyde | |
| Methiocarb | |
| Niclosamide |
| Application | |
| Grains and Cereals | |
| Pulse and oil seeds | |
| Fruits and Vegetables | |
| Plantation Crops | |
| Other Applications |
| Geography | |
| Brazil | |
| Argentina | |
| Rest of South America |
South America Molluscicides Market Size Summary
The South America molluscicides market is experiencing growth driven by the increasing demand for high-quality food production and the rising incidence of snail and slug infestations, particularly in staple crops such as rice, maize, and wheat. This growth is supported by the region's significant role as an exporter of key agricultural products like sugar, rice, coffee, orange juice, soybean, and soybean oil. Molluscicides are essential in protecting these crops from molluscs that cause damage by feeding on them. However, the market faces challenges due to a lack of awareness among some farmers about the benefits of using these chemicals, which can hinder market expansion. The emphasis on food safety and sustainable agriculture further propels the demand for molluscicides as part of the broader crop protection strategy.
Brazil stands out as a major market within the region, with increasing awareness among farmers about the importance of crop protection chemicals contributing to market growth. The presence of leading agrochemical companies in Brazil enhances the market's development, as they focus on product innovation to meet the needs of local farmers. The prevalence of snails and slugs in various cropping systems, exacerbated by moist conditions and organic residues, underscores the necessity of molluscicides in mitigating crop damage. Key players in the market, such as Lonza Cologne GmbH, Bequisa, Rizobacter S.A., and Huagro, are actively engaged in addressing these challenges and leveraging opportunities to expand their market presence.
South America Molluscicides Market Size - Table of Contents
-
1. MARKET DYNAMICS
-
1.1 Market Overview
-
1.2 Market Drivers
-
1.3 Market Restraints
-
1.4 Porter's Five Forces Analysis
-
1.4.1 Bargaining Power of Suppliers
-
1.4.2 Bargaining Power of Buyers
-
1.4.3 Threat of New Entrants
-
1.4.4 Threat of Substitute Products and Services
-
1.4.5 Intensity of Competitive Rivalry
-
-
-
2. MARKET SEGMENTATION
-
2.1 Product Type
-
2.1.1 Ferric Phosphate
-
2.1.2 Metaldehyde
-
2.1.3 Methiocarb
-
2.1.4 Niclosamide
-
-
2.2 Application
-
2.2.1 Grains and Cereals
-
2.2.2 Pulse and oil seeds
-
2.2.3 Fruits and Vegetables
-
2.2.4 Plantation Crops
-
2.2.5 Other Applications
-
-
2.3 Geography
-
2.3.1 Brazil
-
2.3.2 Argentina
-
2.3.3 Rest of South America
-
-
South America Molluscicides Market Size FAQs
What is the current South America Molluscicides Market size?
The South America Molluscicides Market is projected to register a CAGR of 3.5% during the forecast period (2024-2029)
Who are the key players in South America Molluscicides Market?
Lonza Cologne GmbH, Bequisa, Bayer Crop Science AG, rizobacter s.a and Huagro are the major companies operating in the South America Molluscicides Market.
