Surge in the Number of New Product Launches Coupled with Expansion of R&D Capability will Positively Impact Agrochemical Market in Europe: Ken Research

0


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.

Europe Agrochemical Market-

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

For More Information, refer to below link:

Agrochemical Market Europe

Related Reports

Brazil Agrochemical Market Outlook to 2025 – By Type of Pesticides (Herbicides, Insecticides, Fungicides and others), By Generic and Patented, By Form of Pesticides (Liquid, Granules and Powder), By Market Structure (Organized and Unorganized Sector), By Type of Crops (Cereal Crops, Fruit Crops and Vegetable Crops), By Region (Mato Grosso, Parana, Sao Paulo, Rio Grande do Sul and Others)

Indonesia Agrochemicals Market Outlook to 2025- By Type of Pesticides (Herbicides, Insecticides, Fungicides, Bio Pesticides and Others), By Type of Crop Protection Product (Generic and Patented), By Application (Cereals, Vegetables, Fruits and Plantations) and By Sales Regions (Java & Bali Region, Sulawesi, Sumatra and Kalimantan)

South Africa Crop Protection Market Outlook to 2022 – By Herbicides, Insecticides, Fungicides, Biopesticides and others; By Generic and Patented Pesticides; By Technicals and Formulations; By Crops (Cereal Crops, Fruit Crops and Vegetable Crops)

Contact Us:

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com
+91-9015378249

Share.

Comments are closed.