The size of the European crop protection pesticides market size is expected to reach USD 32.19 billion in 2024 and is projected to reach USD 41.28 billion by 2029, growing at a CAGR of 5.1% during the forecast period from 2024 to 2029.
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 safeguard plants from various diseases.
Growing demand for food safety & Quality amidst the stringent regulation procedures is driving the market. Biopesticide adoption is also occurring all over the region, especially in developed and some developing countries. Demand for organic and completely natural foods is increasing, which is causing biopesticide consumption to increase. The eurozone 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 synthetic pesticides.
The pesticide market Is also segmented into types, which are further subdivided into Synthetic and Bio-pesticides. Each of these is further subdivided into Herbicides, Insecticides, Fungicides, Other Synthetic Pesticides and Bio-herbicides, Bio-insecticides, Bio-fungicides, and Other Bio-pesticides, respectively. The crop protection chemicals market is being dominated by herbicides, followed by synthetic fungicides.
Synthetic pesticides in Europe are growing at a slower rate compared to bio-pesticides. Bio-herbicides are the largest segment within Bio-pesticides, followed by bio fungicides, the fastest growing.
Germany is the largest European consumer of Pesticides and Spain is the fastest growing pesticide market in Europe. Coming out of slow growth in 2008 and 2009 owing to the economic downturn and bad weather conditions, the herbicide market in Europe started recovery.
Marrone Bio Innovations, DuPont, Arysta Life Sciences, BASF, and Dow AgroSciences are the most active companies in the Europe crop protection pesticides market 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 are some of the major key players involved in the European crop protection pesticides market
Frequently Asked Questions
Europe's crop protection pesticides market has been estimated at USD 30.63 Billion in 2023.
It is expected to grow at a CAGR of 5.1% during the forecast period, and the Europe crop protection pesticides market value is is projected to reach USD 39.27 Billion by 2028.
Growing demand for food safety & Quality amidst the stringent regulation procedures is driving the market.
The crop protection chemicals market is being dominated by herbicides, followed by synthetic fungicides.
Marrone Bio Innovations, DuPont, Arysta Life Sciences, BASF, and Dow AgroSciences are the most active companies in the Europe Crop Protection Pesticides market.
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