Europe Crop Protection Chemicals Market to Witness Steady Growth During Forecast Period

Growing need to improve the crop health and rising food demand is expected to drive the growth of Europe crop protection chemicals market.

According to TechSci Research report, “Europe Crop Protection Chemicals Market By Type (Herbicides; Insecticides; Fungicides; and Others), By Origin (Synthetic Vs. Biopesticides), By Form (Liquid and Solid), By Mode of Application (Foliar Spray; Seed Treatment; Soil Treatment; and Others), By Country, Forecast & Opportunities, 2025”, the Europe crop protection chemicals market is expected to grow at a steady rate during the forecast period on account of increasing production of cereals, grains, fruits & vegetables, among others. Additionally, changing climatic conditions are also expected to have a positive impact on the growth of market. Furthermore, technological advancements and adoption of advanced farming techniques such as precision agriculture, smart plantation, etc., are propelling the market growth in the region. Besides, increase in crop losses due to pest and insect attacks, is further anticipated to bolster the growth of market through 2025. Growing popularity of less toxic and ecofriendly crop protection chemicals such as biopesticides, organic fertilizers, is also expected to aid the market growth in the years to come. However, there are certain factors that might act as major impediments to the growth of Europe crop protection chemicals market through 2025 such as increasing research and developmental costs, growing number of health hazards associated with the excessive use of crop protection chemicals and stringent regulations by different government and environmental agencies on their use. Along with this, use of alternative methods for controlling pets/ insects/ weeds might also slow down the growth of market.

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The Europe crop protection chemicals market is segmented based on type, origin, form, mechanism of application, company and region. Based on origin, the market can be bifurcated into synthetic and biopesticides. Here, the biopesticides segment is expected to grow significantly during the forecast period. This can be ascribed to their increasing demand among the farmers on account of their low toxicological profile and eco-friendly characteristics. Furthermore, these biopesticides are less detrimental to humans, available at an affordable price and highly target specific. They do not harm the non-target species. Also, they decompose easily without leaving any residue behind, thereby driving the growth of segment. In terms of type, the market can be categorized into herbicides, insecticides, fungicides and others. Among these, the insecticides segment is expected to register significant growth in the market over the next few years, which can be accredited to their extensive use during staple crop cultivation as these crops are highly attacked by insects.

BASF SE, The Dow Chemical Company, E.I. du Pont de Nemours and Company, Sumitomo Chemical Co., Ltd., Syngenta AG, Bayer Cropscience AG, FMC Corporation, Nufarm Limited, ADAMA Agricultural Solutions Ltd., Makhteshim Agam, Arystya Lifescience, Valent Biosciences Corporation, Koppert BV, Corteva Agri Science, UPL Limited and others are some of the leading players operating in Europe crop protection chemicals market. The companies operating in the market are using organic strategies such as product launches, mergers and collaborations to boost their share and expand their geographic reach.

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“Europe is expected witness significant growth in the crop protection chemicals market during the forecast period, which is attributable to growing acceptance of modern farming techniques in the region. In addition to this, continuous advancements in the crop protection techniques against pests/ insects/ weeds is further expected to propel the market over the next few years. Additionally, key manufacturers are also setting up their manufacturing units in the region, which is anticipated to positively impact the market growth through 2025.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Europe Crop Protection Chemicals Market By Type (Herbicides; Insecticides; Fungicides; and Others), By Origin (Synthetic Vs. Biopesticides), By Form (Liquid and Solid), By Mode of Application (Foliar Spray; Seed Treatment; Soil Treatment; and Others), By Country, Forecast & Opportunities, 2025”,” has evaluated the future growth potential of Europe crop protection chemicals market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in Europe crop protection chemicals market.

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