Latin America BioPesticide Market Research Report – Segmented By Crop Type, Ingredients Type, Microorganism’s Type, Application Type And Country (Brazil, Argentina, Mexico, Chile and Rest of Latin America) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029)

Updated On: January, 2024
ID: 450
Pages: 145

Latin America Biopesticides Market Size (2023 to 2028)

The size of the Latin American biopesticides market is expected to be valued at USD 1.85 billion in 2023 and USD 4.11 billion by 2028, growing at a CAGR of 17.28% during the forecast period from 2023 to 2028.

The growth of the biopesticides market in Latin America has been substantial since the early 1990s. Local, small-scale production for local use has been a significant factor in this, especially for viral- and fungal-based products. There are, however, a number of larger companies throughout Latin America that are exporting products within the region and beyond. Brazil and Cuba are the largest biopesticide markets in the region, followed by Colombia. All three are characterized by the fact that there are few, if any, biopesticide imports. In fact, the Latin American biopesticide market as a whole is characterized by government and NGO-encouraged local production.

Biopesticides are substances derived from plants (plant-incorporated protectants or PIPs), micro-organisms (microbial pesticides), and certain minerals (biochemical pesticides). The biopesticides control diseases or pests through a broad-spectrum approach and even through a selective approach. These are replacing conventional pesticides from the market due to their non-toxic quality and target-specific behavior. Biopesticides are usually inherently less toxic than conventional biopesticides, they are comparatively cheaper and effective, decompose well without leaving any harmful residues, have a substantially nullified impact on non-targeted species and can greatly reduce the use of conventional pesticides with high yield. 

The growth of the Latin America market is driven by the high prevalence of crop diseases and rising demand for organic both in both developed and developing regions. Various research centers all around the world are taking initiatives to improve techniques for the augmentation and application of biopesticides. Farmers are unaware of the benefits of biopesticides and are also reluctant to change from the existing practices of chemical pesticides, which are restraining the growth of the market.

This research report on the Latin America biopesticides market is segmented and sub-segmented into the following categories.

Latin America Biopesticides Market - By Ingredients:

  • Biochemical pesticides
  • Plant pesticides
  • Microbial pesticides

Latin America Biopesticides Market - By Microorganism’s Type:

  • Bioherbicides
  • Bio fungicides
  • bionematicides
  • Bio insecticide

Latin America Biopesticides Market - By Based on Crop Type:

  • Forage & turf grasses
  • Greenhouse crops

Latin America Biopesticides Market - By Application:

  • Seed treatment
  • Post-harvest application

Biofungicide and bionematicide segments are anticipated to witness the highest growth in the global biopesticide market.

Latin America Biopesticides Market – By Country:

  • Mexico
  • Brazil
  • Argentina
  • Chile
  • Rest of Latin America


Parry America, Andermatt Biocontrol Ag, Marrone Bio Innovations Inc, Agbitech Pty Limited, Bioworks Inc., Som Phytopharma Limited, Camson Bio Technologies Limited, Hebei Veyong Bio-Chemical Co. Limited, Becker Underwood Inc., Agraquest Inc., Growth Products Limited, Valent Biosciences Corp, Biocare, Natural Industries and Novoenzymes A/S. Are some of the major companies involved in the Latin America biopesticides market.

Please wait. . . . Your request is being processed

Frequently Asked Questions

What is the current market size of the Biopesticide market in Latin America?

As of the latest report, the Latin America Biopesticide market is valued at USD 1.85 billion in 2023.

Which countries in Latin America contribute significantly to the Biopesticide market?

Brazil and Mexico are major contributors to the Latin American biopesticide market.

Which crops are predominantly driving the demand for biopesticides in Brazil?

Soybeans and coffee are the primary crops fueling the demand for biopesticides in Brazil, contributing significantly to the overall market growth.

who are the key market players involved Biopesticide market in Latin America?

Parry America, Andermatt Biocontrol Ag, Marrone Bio Innovations Inc, Agbitech Pty Limited, Bioworks Inc., Som Phytopharma Limited, Camson Bio Technologies Limited, Hebei Veyong Bio-Chemical Co, etc....

Related Reports

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 1200

Didn’t find what you’re looking for?

Need something within your budget?


Call us on: +1 888 702 9696 (U.S Toll Free)

Write to us: [email protected]

Click for Request Sample