According to Triton’s report, the Europe biopesticides market is expected to progress at a CAGR of 15.27% during the projected years 2023-2030. Poland, Germany, Spain, the United Kingdom, France, Italy, and the Rest of Europe are assessed in the region’s report.
Germany is taking significant steps to reduce pesticide reliance in agriculture, focusing on integrated pest management (IPM) to enhance consumer and environmental safety. This move aims to create conditions and measures that promote the use of biopesticides, thereby decreasing dependency on conventional pesticides. As of 2020, 10% of its land area is dedicated to organic farming, with a 50% increase over the last five years. As a result, the increasing demand for domestic organic products is driving the utilization of biopesticides, which in turn is propelling the biopesticides market.
France is taking proactive strides to decrease the use of chemical pesticides and encourage the development of biopesticides. Concerns about synthetic pesticide impacts on the environment, human health, and animals drive this shift. Moreover, the nation is advocating for more favorable legislation in the EU to foster biopesticide growth. Additionally, government efforts and innovations by multinational companies are driving the expansion of the biopesticides market in the country.
Competitive Outlook
The notable companies in the biopesticides market include Pro Farm Group, Koppert Biological Systems, BASF SE, The Stockton Group, and Andermatt Group AG.
1. Europe Biopesticides Market - Summary
2. Industry Outlook
2.1. Parent Market Analysis
2.2. Evolution And Transition Of Biopesticides
2.3. Impact Analysis On The Biopesticides Market
2.3.1. Covid-19 Impact
2.4. Key Insights
2.4.1. Using Biopesticides As Part Of Integrated Pest Management (Ipm)
2.4.2. Integration Of Precision Farming And Big Data With Pest Management
2.4.3. Adoption Of New Farming Technologies
2.5. Porter’s Five Forces Analysis
2.5.1. Threat Of New Entrants
2.5.2. Threat Of Substitutes
2.5.3. Bargaining Power Of Suppliers
2.5.4. Bargaining Power Of Buyers
2.5.5. Threat Of Competitive Rivalry
2.6. Regulatory Framework
2.7. Key Market Strategies
2.7.1. Product Launches And Developments
2.7.2. Collaborations
2.7.3. Acquisitions
2.8. Market Drivers
2.8.1. Rising Population Has Raised The Demand For Food Products
2.8.2. Consumer Inclination Towards Organic Produce Pushes Organic Farming
2.8.3. Cost-effective R&D In Biopesticide Manufacturing And Innovation
2.9. Market Challenges
2.9.1. Precision Targeting And Limited Product Availability