Monday, January 23, 2023

The France crop protection chemicals market size is anticipated to expand at a substantial CAGR in the upcoming years owing to increasing requirement for solutions to improve agricultural productivity: Ken Research

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The France crop protection chemicals market is moderately fragmented with major global and national players occupying almost half of the market. The key players operating in the market are not only competing based on product quality and promotion but are also focusing on strategic moves to hold larger market shares. The major companies dominating the France Crop protection market for its products, services, and continuous product developments are Bayer CropScience, Syngenta, UPL Limited, Corteva Agriscience, Sumitomo Chemical, and Novozymes among others.

The France crop protection chemicals market is projected to witness a CAGR of ~ % during the forecast period FY’22 & FY’27.

  • As of 2022, insecticides remain the most popular chemical crop protection medium. In the upcoming years, the scope for introduction of herbicide-tolerant seeds could see a dramatic shift in the use of chemical crop protection products.
  • In 2016, France banned the usage of synthetic pesticide, such as neonicotinoid pesticides, which are reported to plunge the bee’s population. Bee is crucial for pollination of crops, and continuous usage of synthetic pesticide would result in the bee’s population. Bee is crucial for pollination of crops, and continuous usage of synthetic pesticide would result in the decrease of a number of bees, thereby lowering yield of crops.

Increasing demand for agricultural productivity: The world population is seeing an uptick in the ongoing scenario. France, following the ongoing global trend is witnessing a decrease in arable land, which is further coupled with the increasing population. These two factors work in the favour of the market and create the need for better yields, which drives the market growth. Moreover, increasing demand for healthy food choices has also resulted in the crop growers being compelled to grow crops in a healthier way.

Covid-19 Impact: The pandemic was a worldwide phenomenon which affected almost every industry vertical in some way or the other. The Crop protection Chemical market was no exception to this. The market was affected moderately as the agricultural practices never really came to a halt. But the negative effect was felt with respect to the supply chain and manufacturing process which was created due to lockdowns and travels restrictions.

Analysts at Ken Research in their latest publication, France Crop protection Market Outlook 2027F- Driven by government regulations & technological innovations by Ken Research observed that France Crop protection Market is in a growth phase & is expected to witness a growth rate of ~% in the upcoming years owing to a ban on synthetic pesticides & increasing demand for agricultural productivity. It is to be noted that the France crop protection chemicals market is moderately fragmented with major global and national players occupying almost half of the market with companies competing not only on the basis of product quality and promotion but also on the basis of strategic moves with the aim of capturing a larger market share.

Key segments covered:-

By Type of Chemicals FY’22 & FY’27

Synthetic

Biopesticide

By Type of product FY’22 & FY’27

Herbicide

Insecticide

Fungicide

Others

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By Type of Crop FY’22 & FY’27

Grains & Cereals

Pulses & Oilseeds

Commercial Crops

Others

Key Target Audience:-

Crop Protection Companies

Crop Protection Associations

International Investors

Chemical Companies

International Crop Protection Companies

Venture Capitalist Firms

Agrochemical Manufacturers

Raw Material Suppliers

Research & Development Institutes

Government Bodies & Regulating Authorities

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Time Period Captured in the Report:-

Historical Period: FY’17- FY’22P

Base Year: FY’22P

Forecast Period: FY’22P – FY’27F

Companies Covered:-

Bayer Crop Science

UPL Limited

Syngenta

Sumitomo Chemicals

Corteva Agriscience

Key Topics Covered in the Report:-

Executive Summary of France Crop Protection Market

Market Size of France Crop Protection Market

Market Segmentation of France Crop Protection Market

SWOT Analysis of France Crop Protection Market

Trends and Developments in France Crop protection Market

Regulatory Bodies of France Crop Protection Market

Overview of France Crop Protection Challenges and restrains

End User Analysis of France Crop Protection Market

Competitive Analysis of France Crop protection Market

Future Outlook of France Crop Protection Market

COVID-19 Analysis of France Crop Protection Market

Analyst Recommendations

For more insights on the market intelligence, refer to below link:-

France Crop Protection Market

Related Reports by Ken Research:-

Nigeria Crop Protection Market Outlook 2027F

Brazil Crop protection Market Outlook to 2027F

Netherland Crop Protection Market Outlook to 2027F

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