Market Snapshot:
Metaldehyde is known as an organic compound with the formula of (CH3CHO)4. Metaldehyde is basically a molluscicide used in the variety of vegetables and crops in the field, greenhouses, and gardens. It is been applied in the form of liquid, dust, granules, sprays, or pelleted/grain bait to kill snails, slugs, and other garden pests. In a very small amount. a metaldehyde can be caused to a situation of poisoning or death. The major organs which are targeted for metaldehyde toxicity include central nervous system (CNS), kidney, liver, and lung.
Highlights from Metaldehyde Market Study
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 1.62% |
The key Vendors profiled in the report are Lonza Group (Switzerland), Bayer Cropscience (Germany), American Vanguard Corporation (US), BASF (Germany), Adama Agricultural Solutions (Israel), De Sangosse (UK), Doff Portland (UK), Certis Europe (Netherlands) and PI Industries (India). Additionally, other players that are part of this comprehensive study are Syngenta (Switzerland) and Neudorff GmbH (Germany).
Geographic Breakdown and Segment Analysis
The Global Metaldehyde market presents a comprehensive analysis of the Metaldehyde market by product type (99% Metaldehyde and 98% Metaldehyde), by end-user/application (Agricultural, Gardening and Others), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Metaldehyde industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Metaldehyde market
Analyst at AMA have segmented the market study of Global Metaldehyde market by Type, Application and Region.
Influencing Trend:
Demand for High-Value Horticulture Crops
Market Growth Drivers:
Increasing Adoption of Agrochemicals in Developing Countries and Infestation of Golden Apple Snail in the Rice Fields of Asia
Challenges:
Excessive Use of Harmful Chemicals Causing A Threat to the Environment
Restraints:
Geographical Limitation on Metaldehyde Usage, Regulatory Restrictions on the Use of Metaldehyde Products and Traditional Pest Control Methods Used By Farmers
Opportunities:
Emerging Markets for Metaldehyde in Asia Pacific
Market Developments Activities:
In June 2023,Lonza to acquire Synaffix B.V., an innovative biotech company focused on antibody-drug conjugates (ADCs)Acquisition will further strengthen Lonza’s bioconjugates offering through the integration of the industry-leading proprietary Synaffix technology platform and R&D capabilities, including payload and site-specific linker technology
In March 2016 ,Lonza, the global market leader in molluscicide business, and Nulandis, a division of AECI and a major player in the South African plant and soil health business, announced today that they have signed a distribution agreement to distribute Axcela®, Lonza's innovative slug control pellet for agro applications in South Africa.
Regulatory Insights:
On 19 December 2018, the British government banned the use of metaldehyde outdoors from spring 2020; after this date, it will only be legal to use it in permanent greenhouses.
The market is fragmented by key vendors who are focusing on production technologies, improving efficiency and shelf life. Growth opportunities can be captured by tracking the ongoing process improvement and financial flexibility to invest in optimal strategies
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Metaldehyde Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries