Market Insights

The South American molluscicides market is 17.38% of global molluscicides market. The estimated molluscicides market value was USD 168.07 million in 2016 and is expected to grow at a CAGR of XX% during 2017-2022.

Market Dynamics

Snails have invaded almost all countries of South America. The threat lies in its ability to multiply at enormous speed. It can produce 200-300 eggs a month, leading to huge infestations among various agricultural crops within a short period of time. With rising crop losses due to slugs and snails farmers are inclined to use molluscicides as they cannot be substituted by other insecticides. The main reason for market growth lies in the increased crop planting area and great demand for agrochemical products against field crop pests.

Market Segmentation

Based on the chemical type, the market is segmented into metaldehyde, methiocarb, niclosamide and ferric phosphate and others.  Metaldehyde based products are more effective in a tropical climate. The presence of niclosamide and methiocarb based products are very less in the market. Due to lesser harmful effects of ferric phosphate as compared to metaldehyde and other molluscicide groups, it is expected to have the highest growth rate during the coming decade.

By application, the molluscicides market has been segmented into grains and cereals, oilseeds, fruits and vegetables, ornamentals and others. Brazil is the largest market in the region and accounts for XX% share.

The top 20 Brazilian agrochemical companies’ account for more than 99% of the total agrochemical market share and none of the top 20 firms are into molluscicide business. Argentina, Colombia, Ecuador, Peru and Suriname also constitute significant market share and form XX% of the molluscicides market.

Key Industry Players

Major companies covered in the report include:

• Lonza
• Lipatech
• W Neudorff
• Rizobacter
• Acay Agro
• Huagro
• Bequisa

Key Deliverables in the Study

• Market analysis for the South America molluscicides market, with region specific assessments and competition analysis.
• Market definition along with the identification of key drivers and restraints.
• Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market.
• Extensively researched competitive landscape section with profiles of major companies along with their market shares.
• Identification and analysis of the macro and micro factors that affect the South America molluscicides market.
• A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
• Wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
• Insights into the major countries/regions in which this industry is growing and identifying the regions which are still untapped.