Market Size of europe crop protection chemicals Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 15.20 Billion |
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Market Size (2029) | USD 18.59 Billion |
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Largest Share by Function | Herbicide |
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CAGR (2024 - 2029) | 4.11 % |
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Largest Share by Country | Germany |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Europe Crop Protection Chemicals Market Analysis
The Europe Crop Protection Chemicals Market size is estimated at 15.20 billion USD in 2024, and is expected to reach 18.59 billion USD by 2029, growing at a CAGR of 4.11% during the forecast period (2024-2029).
15.20 Billion
Market Size in 2024 (USD)
18.59 Billion
Market Size in 2029 (USD)
1.62 %
CAGR (2017-2023)
4.11 %
CAGR (2024-2029)
Largest Segment By Function
34.89 %
value share, Herbicide, 2023
The rise in weed infestations, which has greatly impacted the increasing domestic and international demand and increased concerns about food security, is driving the herbicide market.
Fastest-growing Segment by Function
5.45 %
Projected CAGR, Molluscicide, 2024-2029
Slugs like Arion, Milax, and Tandonia spp are the destructive pests of wheat crops in the United Kingdom. Indoxacarb and abamectin are effective molluscicides against these slugs.
Largest Segment by Crop Type
60.56 %
value share, Grains & Cereals, 2023
Europe is a major producer of grains and cereal crops such as wheat, maize, and barley. Glyphosate is one of the herbicides mostly used in cereal cultivation.
Largest Segment by Country
21.73 %
value share, Germany, 2023
The demand for crop protection chemicals is high in the country as pests and diseases pose a significant threat to the farmers, causing economic and yield losses.
Leading Market Player
22.96 %
market share, Bayer AG, 2022
Bayer has partnered with Oerth Bio with an aim to develop next-generation crop protection products based on Oerth Bio's innovative protein degradation technology.
Herbicides and fungicides dominate the market owing to their increased use in pest control
- Agriculture in Europe is diverse and plays a significant role in the economies of many countries. The region encompasses a wide range of climates and is known for cultivating wheat, barley, soybean, and various fruits and vegetables. In 2022, Europe occupied a share of 15.3% by value.
- The population growth in the region has encouraged the use of pesticides in agriculture to achieve better yields and meet the increasing demand for food crops. At the same time, technological advancements have changed the way of farming and eased the pest control process.
- Herbicides occupied the largest share of 40.1% by value in 2022. Weed attacks in staple, commercial, and horticultural crops pose a significant challenge to the region's agricultural productivity. As there is a significant contribution by the fruit sector to the region's economic growth, weeds cause substantial economic damage by attacking fruits. Amaranthus retroflexus (redroot pigweed), Echinochloa crus-galli (Barnyard grass), Conyza canadensis (Canadian fleabane), Digitaria sanguinalis (large crabgrass), Cyperus rotundus (purple nutsedge) are the most common weeds in the region. Therefore, herbicide use has increased to combat these weed attacks and maintain agricultural productivity.
- Additionally, fungicides occupied the second-highest share of 31.36%. Being one of the top regions for grains and pulses production, it is highly susceptible to fungal diseases, which are mitigated using fungicides.
- Increased concerns for food security and various developments have facilitated the efficient and sustainable production of food by farmers while minimizing the impact of pests on their crops. This has driven the market, which is anticipated to register a CAGR of 4.1% over the forecast period.
Understand The Key Trends Shaping This Market
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Germany dominated the market due to increasing weed infestation in major crops
- European farmers cultivate various crops, including grains (wheat, barley, oats, etc.), oilseeds (rapeseed, sunflower, etc.), fruits, vegetables, and various industrial crops. The Mediterranean region is known for olive and citrus production, while northern European countries focus on cereals and root crops.
- Among the countries, Germany dominated the market and accounted for a share of 21.7% in 2022. According to the FAO, the total agricultural usage for insecticides accounted for 20,966 metric ton, followed by herbicides with 14,618 metric ton, and fungicides with 9,483 metric ton in 2020. According to Eurostat, Germany occupied 47,973,969 kg of pesticides produced during 2020, higher than 45,181,227 kg from the previous year. Increasing weed infestation in major crops and the need for crop protection to protect the yields are estimated to drive the market at a CAGR of 4.3% during the forecast period (2023-2029).
- Grains and cereal crops dominated the consumption of crop protection chemicals in the region, which accounted for 60.5% in 2022. The dominance of grains and cereals is attributed to the higher cultivation area and increased pest infestations. In 2022, these crops accounted for 63.0% of the agricultural land.
- The European crop protection chemicals market is driven by the need to increase crop yield and efficiency. The region's population is drastically growing, but the farmlands are diminishing. As a result, farmers are being pushed to increase their yield. Therefore, new farming practices are being adopted by farmers to increase crop yield, which is paving the way for the crop protection chemicals market. The market is anticipated to record a CAGR of 3.5% during the forecast period.
