The growing concern of transferable diseases carried by insects, the rising demand for food cereals as a result of the rising population, and the escalation of crop damage incurred by insects and pests are some of the factors which support the growth of the European market in insecticide products.
Moreover, the growing commercial pest control services, the advancement of technology in agricultural practices, and reduced per capita cropland are some other factors augmenting the growth of the insecticides market in Europe. To satisfy growing consumer needs, various players also actively invest in research and development to launch new and beneficial products. However, the harmful environmental effects of insecticides and resistance development in insects are important factors that are likely to limit the market growth during the projected period.
The market report on Europe Insecticides market comprises of the following in-depth analysis:
- The estimated value of the market in 2021 was USD 11 billion.
- Based on type, the bio-insecticides segment emerged out as a key segment in the Europe Insecticides market across the globe.
- Based on the active ingredient, the pyrethroids compounds segment came out to be the leading segment of the market.
- Based on the type of crop, the fruits & vegetable segment emerged to be the key segment in the market for Insecticides in Europe.
- Region-wise, the market in Italy is witnessed to be the key market segment in the growth of the market.
- Key players are likely to focus on product innovations and expansion through mergers to maintain their positions in developed markets.
“Increased crop productivity and efficiency are the driving forces for the insecticide market. The population in the area is increasing, but agricultural lands are declining, thus farmers are pressing the yield to increase”, said a lead analyst at Fatpos Global.
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The insecticide is a chemical that is used to destroy or regulate insect growth. These chemicals are mainly used to avoid pests infesting plants or to kill insects in particular areas that carry the disease. The application of insecticides in the medical, agricultural, and industrial fields is large. They can change environmental components drastically and are destructive for both animals as well as humans. Many insecticides are distributed in the food chain. Insecticides can be systemic (that are persistent or long-term in nature) or contact (that are not recurrent in nature). For the plant roots to absorb, the systemic insecticide is incorporated directly into the soil. When the insecticide reaches the roots, it is transferred into outer areas including the leaves, fruits, branches, and flowers. This forms a crust on the plant surface which serves as a venom for every insect that tries to eat the plant. Contact insecticides behave as arrows that seek to destroy specific insects. Home insect spray typically acts as contact insecticides, as it has to touch the insect directly to kill it. Yet there are many significant technical and environmental concerns about the growing concentration of such insecticides as they pass up the food chain.
The Europe Insecticides market is segmented by type into synthetic insecticides and bio-insecticides. Among these, the bio-insecticides segment emerged as the key segment, holding a market share of xx% in 2019. The market is segmented by active ingredients into organophosphorus compounds, pyrethroids compounds, neonicotinoids, and insect growth regulators. Among these, the pyrethroids compounds segment came out to be the key segment of the market, capturing xx% of the total market share in 2019. Based on the type of crop, the market for Insecticides in Europe is segmented into fruits & vegetables, pulses & oilseeds, and cereals & grains. The fruits & vegetable segment emerged as the leading segment in the market, holding xx% of the total market share in the year 2019. Region-wise, the Europe Insecticides market is segmented into the UK, Germany, France, Spain, Italy, and the Rest of Europe. Among these, the market in Italy is witnessed to be the key segment, acquiring xx% of the total market share in 2019.
Key Players
Some of the key players in the Europe Insecticides market are BIODEGMA GmbH, BTA International GmbH, Nehlsen AG, FCC Austria Abfall Service AG, Veolia, REMONDIS SE & Co. KG, Biffa, AMEY PLC, LafargeHolcim Ltd., and Renewi PLC.
Get Valuable Insights into Europe Insecticides Market
In the new report, Fatpos Global thrives to present an unbiased analysis of the Europe Insecticides market that covers the historical demand data as well as forecast figures for the period i.e. 2020–2030. The study includes compelling insights into growth that is witnessed in the market. The Europe Insecticides market is segmented by type into synthetic insecticides and bio-insecticides. The market is divided by crop type into fruits & vegetables, pulses & oilseeds, and cereals & grains. Based on application mode, the market for Insecticides in Europe is divided into toxic bait, dichlorvos vaporizer, outdoor space-spraying, larvicide sprayers, and others. Based on the active ingredient, the market is segmented into organophosphorus, pyrethroids, neonicotinoids, and insect growth regulators. Region-wise, the European insecticides market is segmented into UK, Germany, France, Spain, Italy, and the Rest of Europe.
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The Business Research Company published its Insecticides Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global insecticides market.
The report covers the insecticides market’s segments- synthetic insecticides, bio-insecticides, cereals and grains, oilseeds & pulses, fruits & vegetables, and others.Insecticides Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country.
It covers all the regions, key developed countries and major emerging markets.
The major regions included in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.Companies in the insecticides industry are developing new products and improving product composition to make them safer for workers, farmers, plants, and the soil.
Every year, companies globally introduce new products or brands to cater to different sets of audiences, insects, and industries.
Insecticides Market Overview:The report studies Insecticides in Global market Professional Survey 2019: Industry Trends, Industry Growth, Size, Share, Drivers, Restraints, Opportunities, Production, Segmentation, Pricing, Value, Volume, Company Profiling, Competitive Landscape, Product Portfolio, and Specifications for the Forecast Period till 2026.This market intelligence study curates an exhaustive database of industrial essentials for formulating favorable strategies.
A thorough investigation of the value chain and the distribution channel is provided in this study by business professionals.
The Insecticides Market study offers detailed information pertaining to the extent and application of the market, which helps better understand the global sector.
This report on the Global Insecticides Market discusses several growth prospects, including the industry sectors, current trends, up-to-date outlines, driving factors, and hurdles, overall offering market projections for the coming years.The global insecticides market was valued at about 14 billion in 2018 and is expected to grow at a CAGR of nearly 5.5% in the forecast years.Get Access to Report Sample: https://www.reportsanddata.com/sample-enquiry-form/1809Major Key Players of the Insecticides Market are:ADAMA, AMVAC Chemical Corp., BASF SE, Bayer CropScience, Corteva Agriscience, FMC Corporation, Isagro, Nufarm Limited, Syngenta, Sumitomo Chemical Corp., UPL Limited Market segment based on Type:OrganophosphatesPyrethroidsMethyl CarbamatesNeonicotinoidsBio-InsecticidesMarket segment based on Crop Type:Cereals & GrainsOilseeds & PulsesFruits & VegetablesMarket segment based on End-User:AgricultureMedicineIndustrial SectorPersonalThe Insecticides market is heavily consolidated owing to a large number of global, regional, and local key contenders having already established a significant footing.
The key participants dominate the operations in the industry with their extensive geographical coverage and huge production facilities.
To gain a competitive edge over the other competitors in the Insecticides industry, the leading players are focusing more on ways to offer products at attractive prices.Get Discount on this Report: https://www.reportsanddata.com/discount-enquiry-form/1809Regional Insecticides Market (Regional Output, Demand & Forecast by Countries):-North America (United States, Canada, Mexico)South America (Brazil, Argentina, Ecuador, Chile)Asia Pacific (China, Japan, India, Korea)Europe (Germany, UK, France, Italy)Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) and More.What are the market factors that are explained in the report?Market dynamics: The Insecticides report also assesses the various commercial possibilities that are expected to be revealed in the near future and the positive revenue forecasts in the years ahead.
