Ban on usage of synthetic pesticides & increasing demand for agricultural productivity are some of the factors driving growth.
High Demand for Bio-Pesticides: France is the 3rd largest biopesticide market in European Union holding around 20.5% share of the total European biopesticide market in 2019. The country has historically known to be one of the most dominant agricultural centers in Europe. Despite decades of research on biological control and a significant number of biopesticides shown to be efficient in laboratory conditions, few products are currently registered for use in France. The country introduced a scheme called “Ecophyto 2018”, which aimed at reducing 50% of synthetic pesticide consumption over the period 2008-2018. The presence of synthetic pesticides in agrochemicals is a major concern for the environment and human and animal health & could play a significant role in driving the growth of biopesticides. The French R&D network, including INRA, covers various aspects of biopesticide research, such as developing new products, understanding the determinants of their effectiveness, obtaining information on their mode of action, and carefully managing their use once they become commercially available.
Fungicides being the largest segment: France is the largest consumer of fungicides, within Europe, with ideal wet conditions for the growth of fungicides, especially Septoria tritici blotch (STB). The major factors affecting the pattern of consumption are changes in crop acreage, pest resistance, pesticide regulation, and adoption of technology. Increased adoption and high efficiency of fungicides have fueled industry growth. In the recent years, the popularity of bio-fungicides has increased among farmers, producers, and end consumers. Factors such as rising demand for food safety and security and government support are the major factors driving growth in the recent years. The development of bio-pesticides or eco-friendly crop protection products have become a significant priority for research and funding agencies around the world. Growing profits in organic farming influence farmers to look for synthetic chemical alternatives to control plant health.
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
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