In 2023, Italy led the European market for insecticides produced by fermentation with a 32.95% share in kilograms. Spain followed with 26.25%, despite a 3.05% decline from the previous year. France and Portugal displayed growth, with 10.59% and 7.76% respectively, while smaller markets like Slovenia and Sweden experienced the highest growth rates, at 17.08% and 39.22%. Countries such as Greece, Poland, and Romania showed consistent upward trends, with significant growth rates of 3.6%, 17.94%, and 15.5%. In contrast, Germany and the Netherlands were relatively stable, with growth rates around 5% and 0.3%.
Looking ahead, the European market for fermentation-produced insecticides is expected to see continued growth, particularly in emerging markets like Eastern Europe and the Nordics. Innovative fermentation technologies and increasing regulatory pressures on chemical insecticides are likely to drive this market expansion. Monitoring changes in agricultural practices and consumer preferences will be crucial.
Top countries in Insecticides produced by fermentation Sales Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 32.95 | 2023 | +9.61% | +3.44% | View data |
| 2 | 2 Spain | 26.25 | 2023 | -2.23% | -3.05% | View data |
| 3 | 3 France | 10.59 | 2023 | +5.6% | +4.59% | View data |
| 4 | 4 Portugal | 7.76 | 2023 | +4.78% | +30.45% | View data |
| 5 | 5 Netherlands | 6.19 | 2023 | +2.69% | +0.3% | View data |
| 6 | 6 Germany | 4.35 | 2023 | +3.8% | +4.99% | View data |
| 7 | 7 Greece | 4.11 | 2023 | +4.69% | +3.6% | View data |
| 8 | 8 Poland | 3.77 | 2023 | +33.25% | +17.94% | View data |
| 9 | 9 Belgium | 3.58 | 2023 | +5.93% | +0.3% | View data |
| 10 | 10 Czech Republic | 1.6 | 2023 | +19.4% | +23.45% | View data |
