Latin America Biorational Market was worth USD 0.42 billion in 2021 and estimated to be growing at a CAGR of 21.4%, to reach USD 0.95 billion by 2026.
Biorationals are essentially insecticides that are effective against the target but are not very harmful to natural enemies. These products are generally derived from the natural sources such as plant extracts, insects pathogens etc. Biorational pesticides have witnessed increasing acceptance among agricultural farm owners as these are efficient in managing pest resistance. This has steered significant demand for major products such as pheromones, neem extracts, essential oils, and repellants over the past few years.
Latin America Biorational Market Drivers:
The pest management system is expected to drive the market during the forecast period. The pesticides which are currently available in the market are synthetic based and cause infections and are harmful if taken internally. As a result, there is an increased need for biobased products. There also has been a rise in the demand for organic food products which in turn fuels the growth of the market. There has an increased awareness among people regarding the hazardous effects of chemical pesticides. However, people are still not aware about the biorational products and their usage which might be a hindrance to the growth of the market.
Latin America Biorational Market - By Product:
Botanical products
Latin America Biorational Market - By Crop Type:
Latin America Biorational Market - By Method of Propagation:
Geographical Analysis:
On the basis of geography, the global market is analysed under various regions namely
Key Players:
Some of the key players dominating the market are Koppert B.V., Marrone Bio Innovations, Monsanto Company, The Dow Chemical Company, and Gowan Company LLC, Valent U.S.A. Corporation, Russell IPM limited, Agralan limited, Monsanto Company, Gowan company LLC, Suttera, Syngenta, BASF SE, Isagro S.P.A, and Bayer AG.
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Product
5.1.1 Introduction
5.1.2 Botanical products
5.1.3 Microbial pesticides
5.1.4 Semiochemicals
5.1.5 Other biorational products
5.1.6 Y-o-Y Growth Analysis, By Product
5.1.7 Market Attractiveness Analysis, By Product
5.1.8 Market Share Analysis, By Product
5.2 Crop type
5.2.1 Introduction
5.2.2 Grains and oilseeds
5.2.3 Fruits and vegetables
5.2.4 Others
5.2.5 Y-o-Y Growth Analysis, By Crop type
5.2.6 Market Attractiveness Analysis, By Crop type
5.2.7 Market Share Analysis, By Crop type
5.3 Method of propagation
5.3.1 Introduction
5.3.2 Foilar spray
5.3.3 Seed treatment
5.3.4 Soil treatment
5.3.5 Others
5.3.6 Y-o-Y Growth Analysis, By method of propagation
5.3.7 Market Attractiveness Analysis, By method of propagation
5.3.8 Market Share Analysis, By method of propagation
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Product
6.1.3.3 By Crop Type
6.1.3.4 By Method of propagation
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Product
6.1.4.3 By Crop Type
6.1.4.4 By Method of propagation
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Product
6.1.5.3 By Crop Type
6.1.5.4 By Method of Propagation
6.2 Brazil
6.3 Mexico
6.4 Rest of Latin America
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Koppert B.V
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Marrone Bio Innovations
8.3 Monsanto Company
8.4 The Dow Chemical Company
8.5 Gowan Company LLC
8.6 Valent U.S.A. Corporation
8.7 Russell IPM limited
8.8 BASF SE
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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