Latin America Bioinsecticides Market was worth USD 0.680 Billion in 2021 and is expected to reach USD 1.12 Billion by 2026 with a CAGR of 19.2 %.
Bioinsecticides are a type of biological pesticides used to kill insects that feed on crops. Bioinsecticides have shorter shelf lives so they don’t persist long in the environment. They are very effective in small quantities; they are very specific and have a specific mode of action, and the timing of their application is very critical. These Bioinsecticides are mostly used as alternatives to the current chemical insecticides which pollute the environment and effects the life of human beings.
Rise in crop loss due to insects and diseases, changing farming practices, and the development of pest resistance to various chemicals are strengthening the growth market. However, some of the factors like the Stringent Regulations on pesticide use are hindering the growth of the market.
LATIN AMERICA BIOINSECTICIDES MARKET REPORT COVERAGE:
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REPORT METRIC |
DETAILS |
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Market Size Available |
2021 – 2026 |
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Base Year |
2020 |
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Forecast Period |
2021 – 2026 |
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CAGR |
19.2 %. |
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Segments Covered |
By Type, By Crop Type, By Formulation, By Mode of Application, By Mechanism |
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Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
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Regions Covered |
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Market Leaders Profiled |
Valent Biosciences Corporation, Syngenta AG, Bayer Crop Science AG, E. I. du Pont de Nemours and Company, Novozymes A/S, and Koppert B.V. |
Market Segmentation:
Latin America Bioinsecticides Market - By Type:
Predators
Latin America Bioinsecticides Market - By Crop Type:
Latin America Bioinsecticides Market - By Mode of Application:
Geographical Analysis:
Geographically, the Latin America bioinsecticides market is further segmented in to
Major Key Players:
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