Italy Crop Protection Chemicals Market Introduction and Overview
According to SPER Market Research, the Italy Crop Protection Chemicals Market is estimated to reach USD 1.73 billion by 2033 with a CAGR of 4.71%.
The report includes an in-depth analysis of the Italy Crop Protection Chemicals Market, including market size and trends, product mix, applications, and supplier analysis. The technique used to shield crops from weeds, plant diseases, and other pests is known as crop protection. Insects, birds, rats, bacteria, and other factors could harm the crop. These agricultural products include fruits, vegetables, grains, wheat, maize, and rice, among others. The expanding population has led to a rise in demand for food security, traditional farming methods, and an assessment of the transition. In order to increase production, crop protection chemicals are being used more often in agricultural fields. They are widely used throughout the world to increase agricultural output and decrease crop loss in order to meet the growing population's demand for food.
- March 2024; Sonavio is a new PPO herbicide that Adama Agricultural Solutions Ltd. has brought to the Italian market. Sonavio is formulated to inhibit protoporphyrinogen oxidase enzyme, providing efficient weed control in a variety of vegetables. It does this by using the exclusive active component Bifenox. With this launch, Adama continues to demonstrate its dedication to offering cutting-edge solutions that improve agricultural sustainability and productivity across all of Italy's varied cropping systems.
- July 2023; A strategic alliance has been formed between BASF SE and Vivagro to distribute the bifungicide Essen'ciel® in Italy. Through this partnership, farmers in Italy will have more access to cutting-edge crop protection products, enabling them to better manage fungal infections and increase crop yields. The collaboration demonstrates the dedication of both businesses to increasing productivity and sustainability in agriculture.
Market Opportunities and Challenges
Opportunities- Biopesticides are insecticides made mostly from natural sources with little to no chemical input. The demand for biopesticides has been expanding rapidly throughout the world due to increased environmental concerns, the potential for contamination, and health risks associated with many traditional pesticides. Since they are less hazardous than synthetic pesticides, biopesticides are becoming more and more popular. Furthermore, biopesticides provide more targeted activity to targeted pests, unlike conventional pesticides that can have a wide range of impacts on insects, birds, and mammalian species. Furthermore, when used in small amounts, biopesticides can be quite successful as they offer minimal exposure, decompose quickly, and leave almost no toxic residue behind.
Challenges- As biotechnology and microbiology advance, one of the biggest obstacles facing the crop protection chemicals business is the creation of genetically modified (GM) crops. Gene modification can be used to create new genetically modified seeds that have an inherent pest-repelling property. It has been noted that the advent of genetically modified crops in recent years, particularly those with insect resistance, has reduced the demand for conventional crop protection agents.
Market Competitive Landscape
The Italy Crop Protection Chemicals Market is a highly competitive arena due to the presence of multiple global and regional companies in the competitive environment. Leading companies in the industry are Adama Agricultural Solutions Ltd., Arysta LifeScience, BASF SE, Bayer CropScience AG, Corteva AG, FMC Corporation, Nufarm Italia, Sipcam Oxon S.p.A., Syngenta Italia, and UPL Ltd.
Scope of the report:
Report Metric | Details |
Market size available for years | 2020-2033 |
Base year considered | 2023 |
Forecast period | 2024-2033 |
Segments covered | By Type, By Application, By Origin |
Regions covered | Northern, Central, Southern, Insular
|
Companies Covered | Adama Agricultural Solutions Ltd., Arysta LifeScience, BASF SE, Bayer CropScience AG, Corteva AG, FMC Corporation, Nufarm Italia, Sipcam Oxon S.p.A., Syngenta Italia, and UPL Ltd, Others. |
COVID-19 Impact on Italy Crop Protection Chemicals Market
The COVID-19 pandemic had a major effect on the crop protection industry in Italy, disrupting the supply chain and making things difficult for farmers and distributors to operate. Crop management and output were negatively impacted by trade logistics and mobility restrictions that delayed timely access to agrochemicals. Farmers' cautious spending as a result of economic uncertainty affected the market for crop protection products. In spite of these obstacles, increasing understanding of food security strengthened long-term resilience and led to a rise in the use of digital technologies in Italian agriculture for remote monitoring and pest control.
Key Target Audience:
- Farmers and Growers
- Agricultural Cooperatives
- Agrochemical Distributors
- Government Agricultural Agencies
- Research Institutions and Universities
- Agrochemical Manufacturers
Our in-depth analysis of the Italy Crop Protection Chemicals Market includes the following segments:
By Type
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Herbicides
Insecticides
Fungicides
Other Pesticides
|
By Application
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Grains and Cereal
Pulses and Oilseeds
Fruits and Vegetable
Turf and Ornamental
Other Applications
|
By Origin
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Synthetic
Bio Based
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Key Topics Covered in the Report:
- Italy Crop Protection Chemicals Market Size (FY’2024-FY’2033)
- Overview of Italy Crop Protection Chemicals Market
- Segmentation of Italy Crop Protection Chemicals Market by Type (Construction, Machinery, Mining, Agricultural)
- Segmentation of Italy Crop Protection Chemicals Market by Application (Grains and Cereal, Pulses and Oilseeds, Fruits and Vegetable, Turf and Ornamental, Other Applications)
- Segmentation of Italy Crop Protection Chemicals Market by Origin (Synthetic, Bio Based)
- Statistical Snap of Italy Crop Protection Chemicals Market
- Expansion Analysis of Italy Crop Protection Chemicals Market
- Problems and Obstacles in Italy Crop Protection Chemicals Market
- Competitive Landscape in the Italy Crop Protection Chemicals Market
- Impact of COVID-19 and Demonetization on Italy Crop Protection Chemicals Market
- Details on Current Investment in Italy Crop Protection Chemicals Market
- Competitive Analysis of Italy Crop Protection Chemicals Market
- Prominent Players in the Italy Crop Protection Chemicals Market
- SWOT Analysis of Italy Crop Protection Chemicals Market
- Italy Crop Protection Chemicals Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst