Dublin, Jan. 23, 2024 (GLOBE NEWSWIRE) -- The "Europe Pathogen or Plant Disease Detection and Monitoring Market: Analysis and Forecast, 2023-2028" report has been added to ResearchAndMarkets.com's offering.
The recently published market research report, which analyzes the vital segments of pathogen and plant disease detection and monitoring within the European territory (excluding U.K.), has unveiled an expected Compound Annual Growth Rate (CAGR) of 9.33% from 2023 to 2028.
This surge is indicative of a market that is increasingly conscious of the need for food security and the quality of produce emanating from agriculture and horticulture sectors. The current valuation of the European pathogen or plant disease detection and monitoring market stands at $480.0 million as of 2023, with projections estimated to reach $749.6 million by 2028.
The report lays out detailed segmentation by application, including controlled environments and open fields, as well as by product, entailing diagnostic kits, digital solutions, and laboratory services. Furthermore, a country-specific analysis encapsulates the market dynamics in core European nations such as Germany, France, Italy, and several others.
Innovation at the Forefront of Agricultural Resilience
Advancements are materializing through the incorporation of IoT, drones, and data analytics, each playing a pivotal role in crop health assessment and optimization of agricultural workflows. The allure of real-time monitoring platforms and AI-powered predictive analysis is enhancing productivity and shaping sustainable practices within Europe's agriculture landscape.
Growth Trajectories Fueling Market Dynamics
Key market players are employing strategic maneuvers encompassing business expansions, collaborations, and partnerships, thus catalyzing the evolving pathogen and plant disease detection and monitoring market landscape. The synthesis of technological advancements with domain expertise is cultivating next-generation tools for effective plant disease supervision.
Competitive Strategies Enrich Market Offerings
Manufacturers are diligently working to diversify their portfolios, addressing an array of crops and farming needs through robust solutions and services dedicated to soil, disease, and climate analysis. Competitive benchmarking has become essential, emphasizing unique value propositions and regional prominence of market participants.
- Increased engagement with agricultural organizations and research entities is fueling innovation and precision in pathogen and disease detection methodologies.
- Strategic joint ventures are heralding the convergence of multi-disciplinary knowledge, enhancing market penetration of these trailblazing technologies.
- The report acts as a beacon for organizations to chart effective product and growth strategies tailored to the distinct needs of the European market.
The uninterrupted focus on technological innovation and strategic market augmentation suggests a resilient and forward-thinking approach to securing the longevity and sustainability of Europe's vital agriculture sector. The comprehensive analysis and forecast provided by the recent publication endeavors to arm stakeholders with pivotal insights for decision-making and strategic positioning in the rapidly evolving landscape of pathogen and disease detection and monitoring.
For further information, the insightful research publication offers a deep dive into the growing need for advanced agriculture practices in the backdrop of increasing food security demands and the pivotal role of cutting-edge detection and monitoring in maintaining crop health and productivity.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 77 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value (USD) in 2023 | $480 Million |
| Forecasted Market Value (USD) by 2028 | $749.6 Million |
| Compound Annual Growth Rate | 9.3% |
| Regions Covered | Europe |
Companies Mentioned
- Abingdon Health
- BIOREBA AG
- Drone Ag
- Libelium Comunicaciones Distribuidas S.L.
- Agricolus
- GeoPard Agriculture
- Dronegy
- FIXAR-AERO, LLC
For more information about this report visit https://www.researchandmarkets.com/r/me3iop
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