Market Size of Poland Crop Protection Chemicals Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 2.80 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Poland Crop Protection Chemical Market Analysis
The Poland Crop Protection Chemicals Market is projected to register a CAGR of 2.8% during the forecast period.
- The upsurge in the adoption of biopesticides and favorable government policies supporting the development of new innovative crop protection chemicals are some factors driving the market growth for Poland's crop protection chemicals.
- The growing demand for food safety and quality, increasing consumer demand for organic products, and favorable government policies promoting biocontrol products are some factors driving biopesticides' market growth. Poland is one of the pioneers of biopesticide regulations in Europe and hence implemented several measures to support the commercialization of biopesticide products in the country.
- The Polish market for crop protection chemicals continues to grow over the past few years and is majorly dominated by foreign players with their wide range of products. Herbicides and pesticides are the majorly used crop protection chemicals because of the high percentage of grains in the cultivated area and the considerable importance given to gardening in the region. According to the FAO, the agricultural usage of pesticides accounted for 24,168 metric ton during the year 2020.
- The Polish crop protection chemicals market is highly import-dependent with about 50% of the consumption being met through imports. The lack of sufficient financial resources among local plant protection chemical producers to conduct research on new products, their registration and marketing are some of the factors restraining market growth.