BRUSSELS, October 2, 2013 /PRNewswire/ --
- Europe needs to unlock its innovation potential, reversing this trend and empowering European farmers
Research and development for new crop protection products needed by European farmers is in decline, according to a new analysis of market trends in the EU and around the world. The study, from agribusiness consultants PhillipsMcDougall, reveals that the number of active ingredients being developed and introduced in the EU is steadily decreasing - even as global expenditure on agricultural R&D is on the rise.
The share of global crop protection R&D focused on European markets has decreased from 33% in the 1980s to only 16% today. Moreover, the European market's share of total worldwide R&D expenditure for new product development in agricultural life sciences is just 7.7% today compared to 33% in the 1980s.
For Europe's farmers, this means fewer new crop protection solutions to help them meet the growing demand for healthy and affordable food. In the 1980s and 1990s, there were 4 new agrochemical active ingredient introductions per year in Europe; over the last decade the rate of new product introductions has fallen to just 1.2 per year.
"It's clear that Europe's challenging regulatory environment has led to a decline in R&D on products for use in the EU," said Friedhelm Schmider, Director General of the European Crop Protection Association (ECPA). "Agriculture and agrochemicals are global industries, but the EU has the most severe registration system for crop protection products, which includes a hazard-based assessment. When companies assess the risk involved in committing resources to R&D for new products, they are increasingly looking outside the EU."
Schmider added: "But we can still change this story line.Europe can unlock all its innovation potential in agriculture by encouraging a regulatory environment more suited to innovation and job creation. The crop protection industry is ready to work with stakeholders and regulators to boost R&D solutions for European agriculture, so that Europe's farmers can benefit - like growers in other parts of the world already do - from new tools to help them meet the growing demand for healthy and affordable food while protecting health and the environment. By innovating today, we will meet the challenges of tomorrow."
For the online version please follow this link: http://www.ecpa.eu/news-item/agriculture-today/09-27-2013/794/crop-protection-rd-declining-europe-new-study-shows
Link to report "R&D Trends for Chemical Crop Protection Products and the Position of the European Market": http://www.ecpa.eu/files/attachments/R_and_D_study_2013_v1.8_webVersion_Final.pdf
About the study: This study was commissioned by ECPA and carried out by PhillipsMcDougall, an agribusiness consulting firm that provides independent, accurate and informed data and analysis regarding the agrochemical industry
The European Crop Protection Association (ECPA) represents the crop protection industry interests at European level. Its members include all major companies and national associations across Europe. For more information: http://www.ecpa.eu
For more general information:
SOURCE The European Crop Protection Association (ECPA)