It is anticipated that France, Spain and Italy would dominate the agrochemical market in the region by the end of 2025, owing to high economic activity, crop production activity and presence of main manufacturing facilities of major international players in top European countries.
The Biopesticide Market in the region is expected to register a double digit CAGR, close to 13% on the basis of sales volume between the 2019 and 2025. Companies have been focusing their efforts on development of products in the biopesticide segment.
The growth in the market will be driven by rise in crop production harvested crop production in the region estimated to reach 481,723 thousand metric tonnes by the end of 2025.
Rise in Demand of Biopesticides: The ever-growing population is demanding cleaner food with less chemical residues. The preferences of the customer have gradually shifted from chemical based pesticides to biopesticides. Major players in the agrochemical market have been focusing on developing solutions for the biopesticide segment of the industry. It is further anticipated that EU would relax the regulations on biopesticides thereby ensuring more products being placed in the market.
Expansion of R&D Capability: The key to dominate and stay relevant in the Agrochemical Industry is to continuously invest in developing innovative solutions for farmers. The companies have been investing in strong R&D for development of new products which are expected to be launched in the region in next 2-3 years. Several companies such as Bayer, Syngenta, Adama, BASF, FMC and other international players have lined up their product launches in upcoming years depending on the growing trends and demand in the market.
Upcoming Markets in Europe: Romania, United Kingdom, The Netherlands, have been considered as the upcoming regions for crop protection market in Europe. The countries are expected to witness a positive CAGR between 2019 and 2025 in terms of sales of crop protection products.
The report titled “Europe Agrochemical Market Outlook to 2025- By Herbicides (Based on Phenoxy-Phytohormones, Triazines, Carbamates), By Fungicides (Based on Inorganic, Benzimidazoles, Triazoles), By Insecticides (Based on Pyrethroids, Organophosphates, Carbamates), By Biopesticides (Bioherbicide, Bioinsecticide, Biofungicide), By Country (France, Spain, Italy, Germany, Poland), and By Application (Cereals, Fruits, Vegetables)” by Ken Research suggested that the Europe Agrochemical Market has been increasing due to the growing need of adopting sustainable agriculture practices, increased demand for biopesticides and rise in number of product registrations in the region. The market is expected to register a positive CAGR of 1.8% and 2.3% in terms of sales volume (active substance market) and revenue (total market) respectively during the forecast period 2019F-2025F.
Key Segments Covered
Europe Agrochemical Market
By Revenue of Total Market in Euro Million
By Revenue of Active Substance Market in Euro Million
By Sales Volume of Active Substance Market in Metric Tonnes
By Herbicide
Based on Phenoxy-Phytohormones
Based on Triazines
Based on Amides
Based on Carbamates
By Insecticide
Based on Pyrethroids
Based on Carbamates
Based on Organophosphates
By Fungicide
Based on Inorganic Compounds
Based on Dithiocarbamates
Based on Benzimidazoles
Based on Diazoles or Triazoles
By Biopesticide
Bioherbicides
Bioinsecticides
Biofungicides
By Country
France
Germany
Spain
Italy
Poland
By Form
Liquid
Granule
Powder
By Application
Cereals
Fruits
Vegetables
Other Crops such as Sugarbeet, Potatoes, Olives, Almonds and other crops grown in European Countries
Europe Biopesticide Market
Europe Biopesticide Market By Revenue in Euro Million
Europe Biopesticide Market By Sale Volume in Metric Tonnes
Europe Biopesticide Market Segmentation by Type of Biopesticide (Bioherbicides, Bioinsecticides and Biofungicides) on the Basis of Sales Volume in Metric Tonnes and Revenue in Euro Million
Key Target Audience
Venture Capitalist Firms
Agrochemical Manufacturers
Raw Material Suppliers
Research & Development Institutes
Government Bodies & Regulatory Authorities
Agriculture Co-Operatives and Pesticide Associations
Time Period Captured in the Report:
Historical Period: 2014-2019
Forecast Period: 2020F-2025F
Companies Covered:
Europe Agrochemical Market
Syngenta
Bayer
BASF
Corteva Agriscience
FMC Corporation
Adama Agricultural Solutions
UPL
Nufarm
Key Topics Covered in the Report
Crop Protection Products Registration and Approval Process in European Union
Value Chain Analysis in Europe Agrochemicals Market
Country Profiles of Spain, Germany, France, Italy and Poland)
Mergers, Acquisitions, Disinvestments and Partnerships in Agrochemical Industry
SWOT Analysis of Europe Agrochemical Market
Competitive Landscape in Europe Agrochemical Market
Business Strategies
Strengths & Weakness of Major Players (Syngenta, Bayer, BASF, Corteva, FMC Corporation, Adama, UPL and Nufarm) in Europe Agrochemical market
Cross Comparison of Major Players (Syngenta, Bayer, FMC Corporation, Corteva, Upl, Adama, BASF and Nufarm) in Europe Agrochemical Market, 2019
Company Profiles of Major Players Operating in Europe Agrochemical Market (Syngenta, Bayer, FMC Corporation, Corteva Agriscience, Adama, UPL, BASF and Nufarm)
Analyst Recommendations for Europe Agrochemical Market
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Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
