Ken Research - Spain Crop Protection Market Forecast

Spain Crop Protection Market Competition
The 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.
The 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