Jan. 18, 2023
Netherland Crop Protection Market is expanding as a result of shifting consumer preferences, rising crop protection product investment, and the use of cutting-edge agricultural technology in the country. Major players in the Crop Protection market in Netherland include BASF, Bayer and Dow Agrosciences.
Energy savings will be a priority for the Dutch (greenhouse) horticulture sector, while the livestock sector will need to focus on animal welfare and the environment over the next few years.
During the projection period, the market segment for biopesticides is anticipated to grow at a faster rate than that of synthetic pesticides.
The major companies are bolstering their footprint across the nation by engaging in a variety of activities like mergers and acquisitions, expanding their manufacturing facilities, distribution networks, and warehouses, investing in R&D, and creating new products.
Increased area under organic farmland: In response to the growing need to meet food sufficiency and importance of safe farming practices, the organic food industry has recorded exponential double-digit growth rates. Over the last three decades, organic food and farming have continued to grow across country. Since biopesticides are chemical-free, they are used in a large scale in organic farming. Hence, the market demand for biopesticides is increasing with the growing popularity of organic food & beverage products across the country.
Rising awareness regarding harmful chemicals: The agricultural industry has demonstrated an increase in understanding of the dangerous compounds in pesticides and the need to produce sustainable chemicals from mineral, plant, animal, and bacterial sources, lowering contamination of agricultural products and soil pollution. The primary market participants are concentrating on producing environmentally friendly chemicals for the agrochemical industries, which will enhance crop protection chemicals sales and perhaps increase the market's demand for crop protection chemicals.
Adoption of GM technology: Netherland is the producer of GM (Genetically modified), with commercialized crops. With the adoption of GM technology, the adoption of crops will be fastening up the use of pesticides due to the rise of superweeds and the increase in the difficulty to kill insects. This will increase the use of more products for crop protection in the market in Netherland and will further drive its growth.
Analysts at Ken Research in their latest publication "Netherland Crop Protection Market Outlook to 2027F - Segmented by Type (Pesticides (Herbicides, Insecticides, Fungicides, others) and Bio-pesticides (Bio-chemical pesticides, Microbial Pesticides, others)) by Crop Type (Cereal, Vegetable and Forage Crops)" by Ken Research observed the potential of the Crop Protection Market in Netherlands. The rising government policies, demand for biopesticides, growing population, increasing focus on food security and increased investment in research and development along with government incentives are expected to contribute to the market growth over the forecast period. The market is expected to grow at a ~% CAGR during 2022-2027F.
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