Germany, following the global trend was witnessing a decrease in arable land, which was further coupled with the increasing population.
Corona Impact: The pandemic was a global phenomenon that had some sort of impact on practically every industrial segment. This also applied to the market for crop protection chemicals. Due to the fact that agricultural techniques never actually stopped, the market got only a little impacted. However, the supply chain and production process were affected negatively as a result of lockdowns and travel restrictions.
Government Initiatives: Improper usage of chemical in farming products by farmers had increased illness amongst the end consumers. The government conducted an awareness drive amongst the agricultural farmers making them aware of the right usage of the product in terms of quantity and application to tackle this problem.
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Decrease in Herbicide Sales: Spring saw greater use of cereal herbicides than the previous year. Due to the ongoing drought, autumn treatments fell behind those of prior years. The entire market for beet herbicides grew as a result of expanding area and rising market pricing. Leaf-active beet herbicide product shortages and the ensuing strong demand defined the market. On the one hand, acreage significantly decreased while stocks were often slow to respond. A large portion of the nation’s rapeseed crops were destroyed in the north and east.
Analysts at Ken Research in their latest publication “Germany Crop Protection Market Outlook to 2027F–By Origin (Synthetic and Bio-based), Type (Herbicide, Fungicide, Insecticide, and Other Types), and Application (Grains and Cereals, Pulses and Oilseeds, Fruits and Vegetables, Commercial Crops, and Other Applications).” observed that Germany Crop Protection Market is expected to showcase considerable growth in the coming five years. It is anticipated to grow more quickly in the next years as a result of rising bio pesticides, and government efforts. The Crop Protection Market in Germany is expected to grow at ~% CAGR over the forecasted period 2022P-2027F.
Key Segments Covered in the report
By Origin
- Synthetic
- Bio-based
By Application
- Grains and Cereals
- Pulses and Oilseeds
- Fruits and Vegetables
- Commercial Crops
- Other Application
By Type
- Herbicide
- Fungicide
- Insecticide
- Other Types
Key Target Audience
- Government Bodies and Regulatory Authority
- Agrichemical Companies
- Biotechnological Companies
- Pesticide Manufacturers
- Investors and Financiers
- Chemical Companies
- Venture Capitalist
- New Market Entrants
Time Period Captured in the Report:
- Historical Period: 2017-2022P
- Base Period: 2022P
- Forecast Period: 2022P-2027F
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Companies Covered:
- Bayer CropScience AG
- Syngenta
- BASF SE
- FMC Corporation
- Corteva Agriscience
- Adama LTD
Key Topics Covered in the Report
- Germany Crop Protection Market Overview
- Germany Crop Protection Market Segmentation
- Germany Domestic Crop Protection Market Overview
- Germany International Crop Protection Market Overview
- Ecosystem of Germany Crop Protection Market
- Competition Scenario of Germany Crop Protection Market
- Market Share of Major Players in Germany Crop Protection Market
- Industry Analysis of Germany Crop Protection Market
- Value Chain of Germany Crop Protection Market
- Key Growth Drivers in Germany Crop Protection Market
- End User Analysis of Germany Crop Protection Market
- Key Challenges of Germany Crop Protection Market
- SWOT Analysis of Germany Crop Protection Industry
- Future Outlook of Germany Crop Protection Market
- Trends and Development of Germany Crop Protection Market
For more insights on the market intelligence, refer to the link below:-
Germany Crop Protection Market
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Asia Crop Protection Industry Outlook to 2016