Market Size of Europe Molluscicides Industry
Study Period | 2018 - 2028 |
Base Year For Estimation | 2021 |
Forecast Data Period | 2024 - 2028 |
Historical Data Period | 2018 - 2020 |
CAGR | 3.90 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Europe Molluscicides Market Analysis
The Europe molluscicides market is projected to witness a CAGR of 3.9%. Europe is the second-largest molluscicides market globally. Europe is a matured market for pesticides. Fruits and vegetables are widely grown in the region and are affected by various pests including mollusks. Insecticides account for (50%) of the pesticide market, followed by fungicides (20%), and molluscicides (15 %) of the pesticides market in Europe.
Currently, the European market is dominated by synthetic molluscicides. However, due to strict regulatory structure, growth of the bio-based molluscicides will remain higher over the coming decade. Snails are a major pest to rice seedlings and broadleaf vegetables in the European region. Metaldehyde covers the major share in the segment of the active ingredient.