France Crop Protection Chemicals Market Outlook
The France Crop Protection Chemicals Market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 2.8% during 2023–2031. The growth of the market is attributed to increasing requirements for solutions to improve agricultural productivity.
Crop protection chemicals are used for improving crop yields from different agents including insects, pests, diseases, weeds, and organisms that are damaging the agricultural crops. Crop protection chemicals are cost-effective and maintain crop yields.
The COVID-19 pandemic negatively impacted the crop protection chemicals industry due to disruptions in the supply chain. Moreover, the relaxation in restriction is estimated to propel the market growth.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing population and urbanization is anticipated to drive the market growth during the forecast period.
- Rising demand for agricultural commodities is projected to boost the market growth in the coming years.
- Growing efficiency of pesticides is estimated to spur the market growth in the coming years.
- Increasing requirement for food security is anticipated to drive the market growth during the forecast period.
- Rising demand of pesticides for better yield is projected to boost the market growth in the coming years.
- Lack of skilled labor to handle fertilizers can act as a a major challenge for the market growth during the forecast period.
- Environmental impact resulting in changes in regulatory policies can create challenges for the market.
- Ongoing advancements in the development of new emerging economics can create lucrative opportunities during the forecast period.
- Rapid growth in the biopesticides market and organic agriculture has led to new opportunities in the market.
Scope of France Crop Protection Chemicals Market Report
The report on the France crop protection chemicals market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Crop Protection Chemicals Market - France Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Chemistry (Synthetic Crop Protection Chemicals and Biopesticides), Product Types (Herbicides, Fungicides, Insecticides, and Others), and Crop Types (Grains and Cereals [Rice, Wheat, Maize, and Others], Pulses and Oilseeds, Commercial Crops [Cotton and Sugarcane], Fruits and Vegetables, and Others)
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Country Scope
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France
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Bayer CropScience; Syngenta; UPL Limited; Corteva Agriscience; Sumitomo Chemical; and Novozymes.
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France Crop Protection Chemicals Market Segment Insights
Biopesticides segment to hold a significant market share
Based on chemistry, the market is divided into synthetic crop protection chemicals and biopesticides. The synthetic crop protection chemicals segment is anticipated to hold a key share of the market in the coming years due to increasing demand for healthy and toxic free crops. On the other hand, the biopesticides segment is anticipated to expand at a rapid pace during the forecast period owing to improvement in plant growth.
Herbicides segment is anticipated to hold a large market share
On the basis of product types, the market is segmented into herbicides, fungicides, insecticides, and others. The herbicides segment is projected to constitute a major market share during the forecast period. However, the fungicides segment is expected to grow at a robust rate as they help to inhibit or prevent the growth of fungi on plants, roots, or seeds.
Pulses and oilseeds segment to hold a significant market share
Based on crop types, the market is divided into grains and cereals, pulses and oilseeds, commercial crops, fruits and vegetables, and others. The grains and cereals segment is segregated into rice, wheat, maize, and others. The commercial crops segment is further fragmented into cotton and sugarcane.
The grains and cereals segment is anticipated to hold a key share of the market in the coming years due to rich source of nutrients and bulk fiber, and prevent colorectal cancer. On the other hand, the pulses and oilseeds segment is anticipated to expand at a rapid pace during the forecast period owing to rising usage in functional foods or supplements, and reduces the risk of soil erosion.
Segments
The France crop protection chemicals market has been segmented on the basis
Chemistry
- Synthetic Crop Protection Chemicals
- Biopesticides
Product Types
- Herbicides
- Fungicides
- Insecticides
- Others
Crop Types
- Grains and Cereals
- Pulses and Oilseeds
- Commercial Crops
- Fruits and Vegetables
- Others
Country
Key Players
Competitive Landscape
Key players competing in the France crop protection chemicals market includes Bayer CropScience; Syngenta; UPL Limited; Corteva Agriscience; Sumitomo Chemical; and Novozymes.
Some of these players are engaging in business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market share.