Latin America Crop Protection Pesticides Market Research Report - Segmented By Crop-based Application, Non-Crop-Based Applications, 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)

Published: January, 2024
ID: 414
Pages: 145

Latin America Crop Protection Pesticides Market (2023 to 2028)

The Latin American crop protection pesticides market is valued at USD 11.27 billion in 2023 and is projected to reach USD 15.25 billion by 2028, growing at a CAGR of 6.23% during the forecast period from 2023 to 2028

Crop protection chemicals, also called Pesticides, protect the farms/crops from insects and diseases that destroy the plants. They constitute a class of agrochemicals used for preventing the destruction of crops by pests, diseases, and weeds.

In recent years in Latin America, the agricultural heartlands of Brazil (the Cerrados) and Argentina (the Pampas) have been experiencing a growing number of highly skilled progressive and operating farmers. Expansion of the farmland has proved to be one of the major driving factors of South America's agriculture and, subsequently, the crop protection market. The increased regulations on the usage of persistent organic pollutants (POPs) are also anticipated to fuel the growth of the market. The low level of awareness among producers and the controversy surrounding the adoption of genetically modified crops are constraining market growth.

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

Latin America Crop Protection Pesticides Market - By Type:

  • Synthetic
  • Bio-pesticides

Latin America Crop Protection Pesticides Market - By Application:

  • Crop-based
    • Grains & Cereals
    • Oilseeds and Fruits & Vegetables
  • Non-crop-based Application
    • Turf & Ornamental Grass
    • Other Applications

Latin America Crop Protection Pesticides Market – By Country:

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

The Latin American market is the second fastest-growing market for pesticides. Brazil is the largest market for pesticides in the region. Argentina introduced regulations for reducing the use of chemical pesticides in the vicinity of cities, which plays a key role raise in the consumption of bio-pesticides. Latin American countries are expected to emerge as food-exporting powerhouses in the near future, owing to the large availability of fertile land and suitable climatic conditions.

KEY MARKET PLAYERS:

In the Latin America Crop Protection Pesticides Market, the leading companies comprise Syngenta, Bayer, BASF, FMC, DuPont, Dow, Monsanto, and Iharabras along with other companies like Marrone Bio Innovations, Arysta Life Sciences, American Vanguard, Cheminova, Chemtura Corp, Monsanto, Natural Industries, Novozymes A/S, Nufarm Ltd, Sumitomo Chemical, Valent Biosciences, FMC Corp, Isagro SpA, Ishihara Sangyo Kaisha, Makhteshim Agan, Chr Hansen, and BioWorks.

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Frequently Asked Questions

What is the current size of the Crop Protection Pesticides market in Latin America?

As of the latest report, the Latin America Crop Protection Pesticides market is valued at 11.27 billion in 2023, reflecting 6.23% growth from the previous year.

Which countries in Latin America contribute significantly to the Crop Protection Pesticides market?

Brazil and Argentina are the major contributors to the Latin America Crop Protection Pesticides market, with xx market share, respectively.

What are the key trends driving the Crop Protection Pesticides market in Mexico?

In Mexico, the increasing adoption of biopesticides and the emphasis on sustainable agriculture practices are key trends shaping the Crop Protection Pesticides market.

What factors are influencing the growth of the Crop Protection Pesticides market in Chile?

In Chile, the growing awareness about the importance of crop protection, coupled with the rising demand for organic products, is driving the Crop Protection Pesticides market.

who are the market key players involve in the Crop Protection Pesticides market in Latin America?

BASF, FMC, DuPont, Dow, Monsanto, and Iharabras, along with other companies like Marrone Bio Innovations, Arysta Life Sciences, American Vanguard, Cheminova, Chemtura Corp, Monsanto, etc....

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