The Latin American fruits and vegetables crop protection market size is expected to reach USD 654.99 million in 2024 and reach USD 765.47 million by 2029, growing at a CAGR of 2.30% from 2024 to 2029.
Crop protection is the subject of dealing with plant science and practice of managing plant diseases, weeds, and other pests that damage crops and forestry, which leads to a decrease in crop production. Fruit crops include bananas, apples, lemon, coconut, guava, etc., whereas vegetable crops include potatoes, cabbages, etc. The crops are exposed to many problems like damage by insects and birds, climate conditions and other factors.
There are various pesticide-based approaches, such as herbicides, insecticides, and fungicides, in order to control pests or weeds. By using these crop protection products, it is easy to control pests and plant disease vectors, human and livestock disease vectors and organisms that harm other human activities and structures. Although pesticides have various advantages, there are some drawbacks such as potential toxicity to humans and other species. It also raises a number of environmental concerns like air pollution and water pollution, and some pesticides, which are persistent organic pollutants and contribute to soil contamination.
Factors driving the growth of the Latin America fruits and vegetables crop protection market are growing demand for fruits and vegetables, rising population, increasing health concerns, reduction in arable land, growing awareness for food security and vegetarian foods, changes in farming practices, increase in disposable income, various government policies for the use of biopesticides, product innovations and technology advancements. However, toxicity on humans and livestock, stringent rules by authorities, and specific fruits and vegetables have resulted in increasing sugar levels of individuals, which can have serious consequences for diabetics and rising of crop protection alternatives like biotechnology and genetic engineering.
This research report on the Latin American fruits and vegetables crop protection market is segmented and sub-segmented into the following categories.
Latin America Fruits and Vegetables Crop Protection Market – By Product Type:
Fungicides were the largest segment among products and this trend will continue up to 2022.
Latin America Fruits and Vegetables Crop Protection Market – By Form:
Latin America Fruits and Vegetables Crop Protection Market – By Application:
Fruits and vegetables in the second largest revenue segment after grain and cereals.
Latin America Fruits and Vegetables Crop Protection Market – By Distribution:
Latin America Fruits and Vegetables Crop Protection Market – By Country:
Latin America market region includes countries such as Brazil, Mexico, Argentina, and the remaining countries of South America. Brazil is one of the largest markets in this region followed by Mexico, Argentina, and Columbia, which are also intensifying their investments in the market.
KEY MARKET PLAYERS:
Key companies dominating the Latin America fruits and vegetables crop protection market are Bayer Crop Science, Adama Agricultural Solutions, DuPont, BASF SE, Dow Agro Sciences, Syngenta International, Nufarm, Valent Biosciences, Monsanto Company, Arysta Life Science, Natural Industries and IsAgro Spa.
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