Europe Crop Protection Pesticides Market to hit USD 24.9 Bn by 2020 | Market Data Forecast

According to the report Europe Crop Protection Pesticides Market, published by Market Data Forecast, The Market 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 market. Bio pesticides adoption is also occurring all over the region, especially in developed and some developing countries. 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 Crop Protection Pesticides Market: Segmentation
By Application
• By Crop-based Application
o Grains & Cereals
o Oilseeds
o Fruits & Vegetables
• By Non-Crop-Based Application
o Turf
o Ornamental Grass
By Type
• Synthetic
• Bio-pesticides

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Geographically, Europe market 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 market in Europe. Coming out of slow growth in 2008 and 2009 owing to economic downturn and bad weather conditions, herbicide market 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 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

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Reasons to buy Europe Crop Protection Pesticides Market Report:
• Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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