Argentina Biopesticides Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 7.70 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Argentina Biopesticides Market Analysis
The Argentina biopesticide market is projected to register a CAGR of 7.7% during the forecast period 2020-2025. One of the major drivers for the biopesticide market in Argentina has been the increasing demand for organically grown produce as a result of changing dietary preferences amongst the consumers. It has been estimated that almost 70% of the domestically grown food consumed is highly contaminated with pesticide residues. As a result, the growing demand for ecologically-safe produce has been ramping up the demand for bio-based pesticides in the market. Principle factors driving the same include greater adoption of biopesticides in place of traditional chemical-based pesticides as a consequence of increasing efficacy and enhanced consumer confidence in their performance output.
Argentina Biopesticides Market Trends
This section covers the major market trends shaping the Argentina Biopesticides Market according to our research experts:
Increased Adoption of Organic Farming
The growing movement for sustainable agriculture has emerged in the region over the past few years, promoting practices that contribute to reducing social and environmental concerns over agricultural practices. The increasing support and acceptance within mainstream agriculture of sustainable agricultural techniques have led to safer field applications of products like biopesticides. Sustainable farming drives farmers toward minimizing the use of chemical pesticides, thereby saving costs, productivity, and the environment. The use of biopesticides in sustainable agriculture not only addresses several environmental and social concerns, but also offers innovative and economically viable opportunities for growers, laborers, and consumers. These are some of the major drivers for the market growth of the biopesticide industry in the country.
Increasing Demand for Organically Grown Products
In response to the growing need to meet food sufficiency and the importance of safe farming practices, the organic food industry is growing exponentially at a double-digit growth rate. The growing health-conscious consumer base in the region is opting for organic food in place of conventional food, in order to avoid adverse health effects caused by chemical preservatives or genetically modified ingredients present in inorganic food. In response to consumers' demands for healthy food products with minimal environmental impacts, growers are looking for more efficient ways to use synthetic chemicals and mineral fertilizers. Organic food and related agriculture account for a major share of the total food market, varying from country to country. Since organic food products are produced using biological kinds of pesticides or fertilizers, there is a growing use of biopesticide for its production. Consequently, the increasing popularity of organic farming drives the demand for biopesticides.
Argentina Biopesticides Industry Overview
The market for biopesticides in Argentina is fragmented with each player vying for a larger market share in the Brazilian industry. Some of the major players in the country include Marrone Bio Innovations, Valent Biosciences Corporation, Koppert Biological Systems, Andermatt Biocontrol, American Vanguard Corporation, and BASF SE, among others. The global players have been acquiring regional companies in order to expand their base and product portfolio in the country. New product launches following extensive R&D activities have been part of the strategic moves by the players.
Argentina Biopesticides Market Leaders
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Marrone Bio Innovations
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Valent Biosciences
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Koppert Biological Systems
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American Vanguard Corporation
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Andermatt Biocontrol
*Disclaimer: Major Players sorted in no particular order
Argentina Biopesticides Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
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4.4 Porters Five Force Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 Product Type
- 5.1.1 BioHerbicides
- 5.1.2 BioInsecticides
- 5.1.3 BioFungicides
- 5.1.4 Others
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5.2 Application
- 5.2.1 Crop based
- 5.2.2 Non Crop based
6. COMPETITIVE LANDSCAPE
- 6.1 Most Adopted Strategies
- 6.2 Market Share Analysis
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6.3 Company Profiles
- 6.3.1 Bayer crop science
- 6.3.2 BASF
- 6.3.3 American Vanguard Corporation
- 6.3.4 Valent Biosciences
- 6.3.5 FMC Corporation
- 6.3.6 Koppert Biological System
- 6.3.7 Corteva Agriscience
- 6.3.8 Marrone Bio innovations
- 6.3.9 Andermatt Biocontrol
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. IMPACT OF COVID-19
** Subject To AvailablityArgentina Biopesticides Industry Segmentation
According to EPA, 'Biopesticides are certain types of pesticides, derived from such natural materials as animals, plants, bacteria, and certain minerals.' The Argentina Biopesticide Market is Segmented by Product (Bioherbicides, Bioinsecticides, Bio Fungicides, Other Products), Application (Crop-based, and Non-Crop-based).
| Product Type | BioHerbicides |
| BioInsecticides | |
| BioFungicides | |
| Others | |
| Application | Crop based |
| Non Crop based |
Argentina Biopesticides Market Research FAQs
What is the current Argentina Biopesticides Market size?
The Argentina Biopesticides Market is projected to register a CAGR of 7.70% during the forecast period (2024-2029)
Who are the key players in Argentina Biopesticides Market?
Marrone Bio Innovations, Valent Biosciences, Koppert Biological Systems, American Vanguard Corporation and Andermatt Biocontrol are the major companies operating in the Argentina Biopesticides Market.
What years does this Argentina Biopesticides Market cover?
The report covers the Argentina Biopesticides Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Argentina Biopesticides Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Argentina Biopesticides Industry Report
Statistics for the 2024 Argentina Biopesticides market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Argentina Biopesticides analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
