United Kingdom Crop Protection Chemicals Market to Grow with a CAGR of 4.27% through 2028
Growth in research and development activities is expected
to drive the United Kingdom Crop Protection Chemicals Market growth in the
forecast period, 2024-2028.
According to TechSci Research report, “United
Kingdom Crop Protection Chemicals Market– By Region, Competition, Forecast and
Opportunities, 2018-2028F”, the United Kingdom Crop Protection Chemicals
Market stood at USD321.46 million in 2022 and is anticipated to grow with a
CAGR of 4.27% in the forecast period, 2023-2028. The initiatives taken by
government based on crop protection chemicals has led to favorable market
conditions for the United Kingdom Crop Protection Chemicals Market. Several
factors contribute to the growth of various crop protection chemicals market products.
The UK government, in recognition of the
importance of crop protection, acknowledges the need for a well-rounded and
forward-thinking strategy that addresses both current and future challenges in
this field. This comprehensive strategy is designed to foster the adoption of
innovative approaches to crop protection that not only demonstrate
effectiveness, but also prioritize sustainability and reduce reliance on
traditional pesticides. By promoting the use of alternative methods and
technologies, the UK government aims to ensure the long-term health and
productivity of agricultural and horticultural sectors, while also safeguarding
the environment and human health.
To support the
implementation of this strategy, the UK government has entrusted the Health and
Safety Executive (HSE) with the responsibility of providing extensive guidance
on the authorization, use, storage, and safe disposal of pesticides in various
contexts such as agriculture, horticulture, and home gardens. This
comprehensive guidance aims to ensure that the use of pesticides is carried out
in a manner that minimizes risks to both human health and the environment,
while also promoting best practices and adherence to relevant regulations. By
providing clear and accessible information, the UK government seeks to empower
farmers, growers, and individuals alike to make informed decisions and take
necessary precautions when it comes to pesticide use.
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In recent years,
there has been a significant and noteworthy surge in investment in research and
development (R&D) activities specifically focused on crop protection
chemicals within the United Kingdom. This increase in funding and resources is
not only limited to governmental bodies but also extends to private companies,
all of which are actively engaged in the pursuit of developing new and more
effective products in this field. This growing
trend can be attributed to the ever-increasing demand for innovative solutions
to combat emerging pest and disease threats. Factors such as the impact of
climate change and the evolving patterns of pest resistance have further
propelled the need for advanced and cutting-edge approaches in crop protection.
As a result, researchers, scientists, and industry professionals alike are
directing their efforts towards uncovering novel methodologies and technologies
that can address these challenges head-on. By doing so, they aim to ensure the
long-term sustainability and productivity of agricultural systems while
minimizing the potential negative impacts on the environment.
The United
Kingdom Crop Protection Chemicals Market is segmented in product type, mode of
application, regional distribution, and company.
Based on its product type, the herbicide segment held
the largest share in the market. Weeds pose a significant challenge for farmers
in the UK, as they not only compete with crops for essential resources such as
water, nutrients, and sunlight, but also hinder their growth and productivity.
This can ultimately result in decreased crop yields and heightened expenses for
farmers, impacting their overall profitability. To combat this issue,
herbicides have emerged as the most effective solution for weed control,
creating a surge in demand for these products within the UK market. The need
for efficient weed management practices continues to drive innovation and
advancements in herbicide technologies, as farmers strive to optimize their
crop production and minimize the detrimental impact of weeds on their
agricultural operations.
Based on region, London segment is expected to grow
during the forecast period. The presence of world-class universities and research
institutions in London contributes significantly to the city's dominance in the
field of crop protection. These institutions, renowned for their excellence in
research, actively engage in cutting-edge studies that explore innovative
approaches to crop protection. Through fruitful collaborations with industry
partners, they strive to develop novel products that address emerging
challenges in agriculture.
Moreover, the research conducted by these institutions
not only focuses on product development but also emphasizes the effective and
sustainable utilization of existing crop protection solutions. By exploring new
techniques, refining application methods, and promoting best practices, these
research endeavors contribute to the overall improvement of crop protection
strategies, ensuring the long-term viability and sustainability of agriculture.
Major companies operating in United Kingdom Crop
Protection Chemicals Market are:
- BASF UK Limited
- Bayer UK Limited
- Syngenta (UK) Limited
- Nufarm UK Limited
- PelGar International Limited
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“Growing application of crop protection chemicals in
various end user industries are key drivers of the crop protection chemicals market.
Growth in competitive landscape and presence of well-established companies in
the market who are dedicated to enhance their productivity of crop protection
chemicals with every passing year are anticipated to register an impressive
growth to United Kingdom Crop Protection Chemicals Market in the forecast
period.,” said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based management consulting firm.
“Crop Protection Chemicals Market By Product Type
(Fungicide, Insecticide, Nematicide, Herbicide, Others), By Mode of Application
(Foliar Spray, Seed Treatment, Soil Treatment, Others), By Region, By Competition Forecast & Opportunities, 2018-2028F”, has evaluated
the future growth potential of United Kingdom 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 United Kingdom Crop Protection Chemicals
Market.
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