Europe Agrochemicals Market was Valued at US$ XX Mn in 2018, Due to Growing Demand for High Food Production and Increasing Need for Crop Protection Solutions
Analyst Speak:
“The Europe Agrochemicals Market was valued around US$ XX Mn by 2018 and growing at a significant CAGR over seven years forecast period 2019-2025” owing to increasing demand for food safety and support from government for agricultural production.
The Europe agrochemicals market was valued at US$ XX Mn in 2018 and growing at a significant CAGR over the forecast period due to increasing awareness among the farmers regarding the benefits of agrochemicals and rising need for food safety are major driving factors of the market over the forecast period. In addition, government support to enhance the agricultural production boosts the growth of the market. However, toxicity of the products and stringent regulatory for product approval restrains the growth of the market.
Europe agrochemicals market segmented on the basis of product, technology, crop type, formulation, and application.
A sample of this report is available upon request @
Fruits and Vegetables Segment, by Crop Type Leads the Agrochemicals Market with highest revenue share
Based on crop type, Europe agrochemicals market segmented into cereals and grains, oilseeds and pulses, fruits and vegetables, forage crops and pastures, and others. Fruits and vegetables segment registered highest revenue share in 2018 and expected to dominate over the forecast period due to increased demand for extensive food production and rise in fruits and vegetables crops across the region boosts the growth of the market. In addition, strategic collaborations such as acquisition and mergers along with the launch of new products fuels the growth of the market over the forecast period.
Germany and France Leads the Europe Agrochemicals Market
PBI’s Europe agrochemicals market report analyses the market in different countries such as Germany, France, U.K., Italy, Spain, Russia, Poland, and Rest of Europe. According to geographical analysis, Germany and France holds larger revenue share in 2018 and the same trend is projected to follow over 2019-2025 due to rise in R&D activities by the companies for the development of new products and high awareness among the farmers along with the increasing demand for high agriculture production drives the growth of the market over forecast years. United Kingdom expected to exhibit highest growth rate over forecast period due to growing number of livestock industries and expansion by the market players fuels the growth of the market.
To view TOC of this report is available upon request @
Launch of New Products and Strategic Alliances are the key strategies adopted by the market players
Market Players are increasingly adopting the strategies such as higher investment in R&D to develop a new product and enhance their presence and strengthen their position in the market. For instance, In November 2017, In November 2017, BASF SE launched BP 2017 Allstar fungicide in U.K used for in-furrow treatment of potatoes.
Key player’s profiles in the report are Monsanto Company (U.S.), BASF SE (Germany), The Dow Chemical Company (U.S.), Bayer CropScience AG (Germany), I. DuPont De Nemours & Company (U.S.), Syngenta AG (Switzerland), Marrone Bio Innovations Inc. (U.S.), Archer Daniels Midland Company (U.S.), and FMC Corporation (U.S.).
Precision Business Insights (PBI) in its report titled “Europe Agrochemicals Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.
Need more information about this report @
Detailed Segmentation
By Product Type
- Fertilizers
- Pesticides
- Herbicides
- Insecticides
- Fungicides
- Others
By Technology
- Synthetic
- Biological
By Crop Type
- Cereals and Grains
- Oilseeds and Pulses
- Fruits and Vegetables
- Forage Crops and Pastures
- Others
By Formulation
- Powder
- Granular
- Liquid
By Application
- Seed Treatment
- Soil Treatment
- Post-Harvest
- Foliar Spray
Country
- Germany
- France
- Italy
- Spain
- Russia
- K.
- Poland
- Rest of Europe
Get access to full summary @
https://www.precisionbusinessinsights.com/market-reports/europe-agrochemicals-market/
About Precision Business Insights
Precision Business Insights is one of the leading market research and business consulting firm, which follow a holistic approach to solve needs of the clients. We adopt and implement proven research methodologies to achieve better results. We help our clients by providing actionable insights and strategies to make better decisions. We provide consulting, syndicated and customised market research services based on our client needs.
Contact to Precision Business Insights,
Kemp House,
152 – 160 City Road,
London EC1V 2NX
Email: sales@precisionbusinessinsights.com
Toll Free (US): +1-866-598-1553