Title: Growth in the Crop Protection Industry of Spain
1Spain Pesticides Demand
2The growth in the crop protection industry of
Spain can be attributed to the rising trend for
organic farming in the country, increase in
overall production of crops and rise in export of
pesticides to other countries. Spain is one of
the largest consumers of crop protection products
in Europe. The overall consumption of pesticides
and bio-pesticides has gradually increased in the
country. Major crops produced in Spain are
olives, grapes, cereals, oilseeds, protein crops,
and various citrus fruits. A range of different
pesticides and bio-pesticides are used for these
crops. The demand for fungicides and bactericides
was highest in the country followed by the demand
for herbicides, haulm destructors and moss
killers. Insecticides and acaricides were also
consumed in substantial amounts. The key growth
drivers of the crop protection market have been
the increase in domestic consumption and export
of pesticides to other African countries.
3The competition in the local market has been
intense due to the presence of a large number of
local and global players producing high quality
crop protection products. Increase in organic
farming culture is gradually augmenting the
demand for bio-pesticides in the country.
Companies are introducing newer products in the
market that result in higher yield of crop. The
demand for crop protection products in the
country have also increased due to multiple
cropping patterns and temperature fluctuation.
The Common Agricultural Policy (CAP) initiated by
the European Union has supported the overall
agriculture sector in countries in Europe. This
direct benefits provided to farmers under CAP has
supported the overall agriculture sector in
Europe and has indirectly supported the growth of
the crop protection industry as well. Spain
complies with the European Unions legislation
for usage of pesticides and other crop protection
products. These regulations promote the use of
environment friendly products that have a minimum
impact on human health. Owing to this the
consumption of bio-pesticides is also gradually
increasing in the country.
4The report titled Spain Crop Protection Market
by Type (Pesticides (Herbicides, Insecticides,
Fungicides, others) and Bio-pesticides
(Bio-chemical pesticides, Microbial Pesticides,
others) by Crop Type (Cereal, Vegetable and
Forage Crops) - Outlook to 2022 by Ken Research
suggested a growth at a positive CAGR in revenues
in Spain Crop protection market in the next 5
years till 2022, due industry friendly policies
of the government and increase in demand for
crops by the increasing population of the
country.
5For more information on the research report,
refer to below link https//www.kenresearch.com/a
griculture-and-animal-care/crop-protection/spain-c
rop-protection-market-research-report/142605-104.h
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2022 Contact UsKen ResearchAnkur Gupta, Head
Marketing CommunicationsAnkur_at_kenresearch.com
91-9015378249
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