Italy Crop Protection Chemicals (Pesticides) Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 1.15 Billion |
Market Size (2029) | USD 1.44 Billion |
CAGR (2024 - 2029) | 4.50 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Italy Crop Protection Chemicals (Pesticides) Market Analysis
The Italy Crop Protection Chemicals Market size is estimated at USD 1.15 billion in 2024, and is expected to reach USD 1.44 billion by 2029, growing at a CAGR of 4.5% during the forecast period (2024-2029).
The growth in food production can be achieved with more farmland and an increase in yield per hectare (ha). An important means for high yield per ha is using plant protection products (PPPs), such as herbicides, insecticides, and fungicides, which help protect plants from harmful pests, diseases, and weeds.
In Europe, field crops use precision agriculture methods. New plant breeding techniques have shown widespread benefits for crop protection on all indicators apart from biodiversity, indicating a neutral impact. Due to ethical issues, the European Union will be unable to use new genetic and breeding technology by 2050. This suggests that there will be a huge demand for agrochemicals in the future.
Italy Crop Protection Chemicals (Pesticides) Market Trends
Change in Farming Practices and Technology
In many OECD countries, such as Italy, farmers face consumers who are skeptical about the sustainability of modern farming systems. Farmers are sensitive to these concerns, and most are actively involved in various strategies to achieve greater agricultural sustainability. The use of pesticides has been reduced dramatically, and the use of integrated crop protection methods has increased, pushing the country to grow in the future.
Companies with innovative strategies are developing products in all areas of pesticides to reduce the environmental impact of farming systems. However, modern farms and agricultural operations work far differently than previously, primarily because of technological advancements, including sensors, devices, machines, and information technology. This situation strengthens producers in developing innovative products based on consumer preference and boosts the country's drive during the forecast period.
Agricultural robots, temperature and moisture sensors, aerial images, and GPS technology are gaining momentum in the country. Because of these innovations in modern agriculture, new tools, such as precision applicators, advanced spray nozzles, and data analytics, help farmers use pesticides most efficiently. Consequently, this efficient use of pesticides is aiding the market's growth, as growers can measure the number of pesticides required and avoid using toxic amounts.
Shrinking Arable Land in the Country
The FAO defines arable land (in hectares) as land under temporary crops. There is a decline in arable land across the country, including the major farmland-based states of Puglia, Sicily, and Calabria. Urbanization and related land consumption are the main causes of ecosystem services loss. In Italy, land degradation due to land consumption is increasing, especially in agricultural and peri-urban areas. Land taken due to urbanization nullifies the land's capacity to cultivate and produce the resulting goods and benefits. According to the Italian Institute for Environmental Protection and Research (ISPRA), in Italy, a loss of approximately 4,154,55.9 tons of agricultural products due to land consumption in the period 2012-2020 was estimated (0.45% of the percentage loss).
According to a report by the World Bank, in 2020, arable land as a share of the land area in Italy was 23.1%. Arable land as a share of the land area of Italy fell gradually from 42.1% in 1967 to 23.1% in 2020. It is estimated to decrease further in the near future. Many factors, such as climate change, pest outbreaks, and lack of investments, make it challenging to produce enough food. Hence, to meet the increasing food demand, the production of crops, such as cereals and pulses, needs to increase despite the limited availability of arable land. The availability of efficient and eco-friendly crop protection chemicals is a vital part of sustainable agriculture in the country and is expected to boost the market's growth during the forecast period.
Italy Crop Protection Chemicals (Pesticides) Industry Overview
The Italian crop protection chemicals market is consolidated, with major players, including Adama Agricultural Solutions Ltd, Bayer Crop Science AG, Corteva AgriScience, BASF SE, and UPL Limited, accounting for more than 50% share in the global market. New product launches, mergers and acquisitions, and partnerships are the major strategies adopted by these leading companies in the market. These companies are also focusing on investing in innovations, collaborations, and expansions in order to increase their market share.
Italy Crop Protection Chemicals (Pesticides) Market Leaders
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BASF SE
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Corteva AG
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Adama Agricultural Solutions Ltd.
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UPL Ltd.
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Bayer CropScience AG
*Disclaimer: Major Players sorted in no particular order
Italy Crop Protection Chemicals (Pesticides) Market News
- April 2024: Adama launched Sonavio, a unique PPO herbicide (inhibiting the enzyme protoporphyrinogen oxidase), to use in additional vegetables based on the proprietary active ingredient Bifenox in Italy.
Italy Crop Protection Chemicals (Pesticides) Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitutes
4.4.5 Degree of Competition
5. MARKET SEGMENTATION
5.1 Product
5.1.1 Herbicides
5.1.2 Insecticides
5.1.3 Fungicides
5.1.4 Molluscicides
5.1.5 Nematicides
5.2 Application
5.2.1 Chemigation
5.2.2 Foliar
5.2.3 Fumigation
5.2.4 Seed Treatment
5.2.5 Soil Treatment
5.3 Crop Type
5.3.1 Grains and Cereals
5.3.2 Oilseeds and Pulses
5.3.3 Fruits and Vegetables
5.3.4 Commercial Crops
5.3.5 Turf and Ornamental
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Competitor Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Bayer Crop Science AG
6.3.2 BASF SE
6.3.3 Corteva AG
6.3.4 Adama Agricultural Solutions Ltd
6.3.5 Syngenta AG
6.3.6 UPL Ltd
6.3.7 Sumitomo Chemical Co. Ltd
6.3.8 Chemia SPA
6.3.9 XEDA Italia
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Italy Crop Protection Chemicals (Pesticides) Industry Segmentation
Crop protection chemicals cover all the practical aspects of protecting crops from damage from pests, diseases, and weeds.
The Italian crop protection chemical market is segmented by product (herbicides, insecticides, fungicides, molluscicides, and nematicides), application (chemigation, fumigation, foliar, seed treatment, and soil treatment), and crop type (grains and cereals, pulses and oilseeds, fruits and vegetables, commercial crops, and turf and ornamental). The report offers market estimation and forecasts in value (USD) for the above-mentioned segments.
Product | |
Herbicides | |
Insecticides | |
Fungicides | |
Molluscicides | |
Nematicides |
Application | |
Chemigation | |
Foliar | |
Fumigation | |
Seed Treatment | |
Soil Treatment |
Crop Type | |
Grains and Cereals | |
Oilseeds and Pulses | |
Fruits and Vegetables | |
Commercial Crops | |
Turf and Ornamental |
Italy Crop Protection Chemicals (Pesticides) Market Research FAQs
How big is the Italy Crop Protection Chemicals Market?
The Italy Crop Protection Chemicals Market size is expected to reach USD 1.15 billion in 2024 and grow at a CAGR of 4.5% to reach USD 1.44 billion by 2029.
What is the current Italy Crop Protection Chemicals Market size?
In 2024, the Italy Crop Protection Chemicals Market size is expected to reach USD 1.15 billion.
Who are the key players in Italy Crop Protection Chemicals Market?
BASF SE, Corteva AG, Adama Agricultural Solutions Ltd., UPL Ltd. and Bayer CropScience AG are the major companies operating in the Italy Crop Protection Chemicals Market.
What years does this Italy Crop Protection Chemicals Market cover, and what was the market size in 2023?
In 2023, the Italy Crop Protection Chemicals Market size was estimated at USD 1.10 billion. The report covers the Italy Crop Protection Chemicals Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Italy Crop Protection Chemicals Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Italy Crop Protection Chemicals (Pesticides) Industry Report
Statistics for the 2024 Italy crop protection chemicals (Pesticides) market market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Italy crop protection chemicals (Pesticides) market analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.