According to the report Europe Crop Protection Pesticides Industry, published by Market Data Forecast, The Industry has been estimated at USD 19.6 Billion in 2015 and is projected to reach USD 24.9 Billion by 2020, at a CAGR of 4.90% during the forecast period from 2015 to 2020.
Protection chemicals are widely used across Europe in safeguarding crops against various insects, diseases, and pests. Pesticides are very important as they improve the quality and yield of agricultural produce.
Insecticides are applied to provide plants with protection against various insects and fungicides safeguards plants from various diseases.
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Growing demand for food safety & Quality amidst the stringent regulation procedures is driving the Industry.
Demand for organic and completely natural foods is increasing due to which the bio pesticides consumption is said to increase. The euro zone crisis has largely reduced the credit access to the farmers, thus largely reducing the inputs needed for the growers in the European region.
Another major restrain is the burgeoning research and development costs of the synthetic pesticides.
Europe Industry for Pesticides is segmented into Crop-based Application and Non-crop-based Application. Each of these segments is further sub segmented as follows: based on Crop-Based Applications- Grains & Cereals, Oilseeds and Fruits & Vegetables, based on Non-Crop-Based Applications- Turf & Ornamental Grass and Other Applications.
Pesticide Industry Is also segmented into type which is further subdivided into Synthetic and Bio-pesticides. Each of these is further sub divided into Herbicides, Insecticides, Fungicides, Other Synthetic Pesticides and Bio-herbicides, Bio-insecticides, Bio-fungicides Other Bio-pesticides respectively.
Crop protection chemicals Industry is being dominated by herbicides, followed by synthetic fungicides.
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Geographically, Europe Industry for Pesticides is segmented into Spain, Germany, Italy, UK, Russia, France and others. Synthetic Pesticides in Europe is at a slower growth compared to Bio-pesticides.
Bio-Herbicides is the largest segment with in Bio-pesticides followed by bio fungicides, fastest growing. Germany is the largest European consumer of Pesticides and Spain is the fastest growing pesticide Industry in Europe.
Coming out of slow growth in 2008 and 2009 owing to economic downturn and bad weather conditions, herbicide Industry in Europe started recovery.
Marrone Bio Innovations, DuPont, Arysta Life sciences, BASF, and Dow Agrosciences are the most active companies in Europe Crop Protection Pesticides Industry along with American Vanguard, Cheminova, Chemtura Corp, Monsanto, Natural Industries, Bayer CropScience, Novozymes A/S, Nufarm Ltd, Sumitomo Chemical, Syngenta AG, Valent Biosciences, FMC Corp, Isagro SpA, Ishihara Sangyo Kaisha, Makhteshim Agan, Chr Hansen, and BioWorks
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Key Points from Table of Contents
- Executive Summary
- Key Inferences
- New Developments
Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
Europe Crop Protection Pesticides Industry: Segmentation
- By Application
- o By Crop-based Application
- o By Non-Crop-Based Application
- By Type
- o Synthetic
- o Bio-pesticides
- PESTLE analysis
- Porter’s Five analysis
Industry Leaders' Analysis
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