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)” provides a
comprehensive analysis of the Agrochemical Market in Europe. The report covers various aspects including overview
and genesis, value chain analysis, market size in terms of revenue and sale
volume, market
segmentation and snapshot on use of Glyphosate and Biopesticides Market in
Europe. A detailed competitive landscape including competitive scenario, cross
comparison matrix, strengths and weakness of major players, market share on the
basis of revenue and company profiles are also included in the report. The
report concludes with the future projections for the above mentioned market
segments and analyst recommendations that involves key strategies for the
existing players to ensure their profitability for the coming years and
suggestions for potential entrants highlighting the major opportunities and
cautions in the market.
Europe Agrochemical Market
Overview and Size
There has been a decline in the
agrochemical market in Europe, owing to unfavorable climatic conditions and
rise in demand for sustainable agriculture practices in the region. During the
review period, mergers and acquisitions was the most common strategies adopted
by agrochemical companies in order to expand their operations in a particular
region. Over the years various investments have been made by the major players
such as Bayer, Syngenta, Corteva, BASF, FMC, Adama and others which led to a
rise in agrochemical market in Europe.
Europe Agrochemical Market
Segmentation
By Type of Pesticide: Fungicides accounted for highest
market share in Europe Agrochemical market on the basis of sales volume
in 2019. This was followed by herbicides, insecticides and other crop protection products
in region. Major fungicides that are largely used in the region are based on
Inorganic compounds, Carbamates & Dithiocarbamates, Triazoles. Glyphosate
is the most widely used herbicide across the globe. Glyphosate is currently
approved in the European Union. It is anticipated that the approval will expire
on 15th December, 2022 in EU.
By
Country: France and Spain accounted for highest market share in Europe
Agrochemical market on the basis of sale volume in 2019. This was followed by Italy,
Germany, Poland,
United Kingdom, Romania, The Netherlands, Portugal and other European
Countries.
By Form: Crop
Protection products in liquid form have a majority share in terms of revenues
in the agrochemical market in Europe. Farmers prefer to use liquid pesticides
owing to their ease of application as compared to granule and powder based
products.
Europe Biopesticide Market: Biopesticide Market has grown at double digit growth rate between
2015 and 2019, owing to change in customer preference and rise in demand for
sustainable agriculture in the region. The major
players operating in agrochemicals market in Europe have been focusing on
increasing their R&D expenditure for development of biopesticides. All major
international companies namely Bayer, BASF, Syngenta, Adama, UPL, FMC, Corteva,
Certis have placed various biopesticides in the market. Biopesticide Market in
Europe has been further segmented into Bioherbicides, Bioinsecticides and Biofungicides.
In 2019, bioherbicides dominated the biopesticide market. This was followed by bioinsecticides
and biofungicides.
Snapshot on Countries
Spain: The demand for fungicides and bactericides was highest in
the country followed by the demand for herbicides and other crop protection
products in the market. Spain is the major producer of organic products in
Europe. Major crops where crop protection products are applied in Spain are
barley, wheat, maize, olives, almonds and others.
Germany: Two of the major agrochemical companies, Bayer and BASF
have their headquarters in Germany. Therefore, these companies have a
considerable influence on the crop protection space in the country. In Germany,
the agrochemical marker was dominated by herbicides. This was followed by insecticides,
fungicides, and other crop protection products in the market.
Poland: Major crops where crop protection products are applied in
Poland are Winter Wheat, Winter Rice, Spring Barley, and others. In 2019,
cereals captured the maximum share in Poland agrochemical market. This was
followed by others crops such as Sugarbeet, rapeseed, corn and others.
Italy: Major Regions where crop protection products are sold in
Italy are Veneto, Emilia-Romagna, Puglia, Sicilia and Piemonte. More than half
of the fungicides sold in the country are distributed between Sienna and
Florence.
France: In 2018, France banned the use of five neonicotinoid
insecticides owing to its harmful impact on bees and other insects. France was
the first country in Europe to impose ban of this insecticide due to it harmful
impact on bees.
Competitive Landscape
Agrochemical Market in Europe is concentrated owing to top international
players namely Syngenta, Bayer, BASF, Corteva, FMC and Adama. These six major players are present across
all European countries capturing majority market share in terms of sales volume
and revenue. Companies have been competing on factors such as price, brand
name, global and regional presence, R&D capability, national or
international distribution, number & quality of products offered, customer
service quality and others in order to differentiate their service
offering from other players in the market. Local and International Agrochemical
Companies have been focusing on increasing their investment in development of innovative solutions for agriculture segment to generate higher revenues.
Agrochemical Market Future
Outlook and Projections
The total agrochemicals market in Europe is expected to grow
at a CAGR of 2.3% on the basis of revenue during the period 2019-2025F. The
growing need of adopting sustainable agriculture practices, increased demand
for biopesticides and rise in number of product registrations in the region are
expected to supplement growth in the agrochemical market.
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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