The Latin America agricultural biological testing market size is expected to reach USD 133.52 million in 2024 and reach USD 217.98 million by 2029, growing at a CAGR of 10.3% from 2024 to 2029. The agricultural biological testing market is predicted to showcase huge potential in the forecasting period.
Agricultural biologicals are typically topical or seed treatment products produced using or containing natural materials, which can complement or replace Agricultural chemical products. They shield crops from pests, weeds and sicknesses and keep crops Healthy. Biological Testing means to find efficacy, toxicity, stability and concentrations of natural materials before letting them into the field.
Some of the factors like high production of organic crops, use of stringent regulation policies in agriculture, and increased expenditure on R&D by biological product manufacturers are primarily driving the growth of the market.
Biotechnologies BT, Eurofins Scientific SE, SGS S.A, RJ Hill Laboratories Ltd, Anadiag Group, Staphyt SA, SynTech Research, I2L Research, Apal Agricultural Laboratory, Laus GmbH, Bionema Limited. Some of the market players dominate the Latin American agricultural biological testing market.
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