Germany Crop Protection Market Outlook to 2027F

Germany Crop Protection Market Outlook to 2027F

The report provides a comprehensive analysis of the potential of the Crop Protection Market in Germany. The report covers an overview and genesis of the industry, market size in terms of revenue generated.

The Germany Crop Protection Market segmentations include by origin, by type, and by application; growth enablers and drivers; challenges and bottlenecks; trends driving adoption trends; regulatory framework; end-user analysis, industry analysis, competitive landscape including competition scenario and market shares of major players. The report concludes with future market projections of each market segmentation and analyst recommendations.

Market Overview:

According to Ken Research estimates, the Germany crop protection market is forecasted to grow at a robust CAGR in the period of 2022P-2027F, owing to Rise in Adoption of Bio pesticides and modernization of agriculture.

The emerging habit of Veganism is increasing the need for developing plant-based food which in turn drives the market for agriculture and crop protection.

There is an increasing demand for organic food and farming in the country over the last few years.

Key Trends by Market Segment:

By Type: Germany is one of the largest contributors to the sales of insecticide products in the country. The sales of active ingredients of insecticide in the country reached a record high, accounting for around half of the market share. Carbamates and pyrethroids are the most commonly used insecticide active ingredients in the country.

By Origin: There is an increasing demand for organic food and farming in the country over the last few years. As biopesticides are chemical-free, they are found to be used in large scale farming in the region. The country also plans to ban the use of chemical pesticides such as weed killer glyphosate because it wipes out insect populations.

Competitive Landscape

The German crop protection chemicals market is highly competitive, with the presence of a number of international crop protection chemical companies in the region are some of the major players who are operating in this market. These players are investing heavily in R D activities and are launching crop protection chemical products that caters to the needs of the farmers in this region.

Future Outlook

The Germany Crop Protection Market is projected to show a significant growth of CAGR ~% in the forecasted period of 2022P-2027F, with rise in adoption of Bio pesticides and modernisation of agriculture.

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