Market Size of South America Biopesticides Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 13.80 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Latin America Biopesticides Market Analysis
The Latin American biopesticides market is projected to register a CAGR of 13.8% during the forecast period(2020-2025). The restrictions imposed on chemical fertilizers and increasing awareness on environmental impact and the government supporting the use of biological pesticides act as a driver for increasing demand for biopesticides market. In South America, countries like Argentina, and Brazil are showing a steady growth rate in the biopesticide market, as the demand and awareness regarding the consumption of healthier foods and organic farming are increasing. Moreover, the development of biological technologies for pest control in South American markets has been growing at an impressive rate over the last few years. The major players include - Valent Biosciences Corporation, Koppert BV, Certis USA LLC, Bayer Cropscience AG, BASF SE, Promip, and Syngenta.
Latin America 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 present study takes into consideration both microbial and organic pesticides. The market is broadly segmented into bioinsecticide, bioherbicide, bio fungicide, and others. The report presents a wide-ranging analysis of market share, size, and volume of the biopesticide market of South America. The corporations in the biopesticide market operate in B2B, as well as B2C, format. However, to eliminate any 'double-count' error in market estimations, bulk buyers procuring these biopesticides for retail sale are, after value-addition through further processing, not considered within the market studied.
| Product | |
| Bioherbicide | |
| Bioinsecticide | |
| Biofungicide | |
| Others |
| Formulation | |
| Liquid Formulation | |
| Dry Formulation |
| Ingredient | |
| Microbial Pesticide | |
| Plant Pesticide | |
| Biochemical Pesticide |
| Mode of Application | |
| Foliar Spray | |
| Seed Treatment | |
| Soil Treatment | |
| Post-harvest |
| Application | |
| Crop-based | |
| Non-crop based |
| Geography | ||||||||
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South America Biopesticides Market Size Summary
The Latin American biopesticides market is experiencing significant growth, driven by increasing restrictions on chemical fertilizers and a rising awareness of environmental impacts. Government support for biological pesticides further fuels this demand. Countries like Argentina and Brazil are at the forefront of this growth, with a burgeoning interest in healthier food consumption and organic farming practices. The development of biological technologies for pest control has been particularly robust in these regions, supported by major industry players such as Valent Biosciences Corporation, Koppert BV, Certis USA LLC, Bayer Cropscience AG, BASF SE, Promip, and Syngenta. The market is characterized by a growing demand for biocontrol products, spurred by consumer preferences for chemical-free agricultural products and the expansion of organic farming.
In Brazil, the market for biological pesticides is rapidly developing, especially in crops like sugarcane, soybeans, corn, and beans, as sustainable farming practices gain traction. The adoption of organic farming is expected to drive further market growth, with significant areas under organic cultivation in both Brazil and Argentina. The market is highly fragmented, with companies competing not only on product quality but also through strategic initiatives such as new product launches, partnerships, and acquisitions. These strategies are aimed at capturing larger market shares and expanding product portfolios in the biopesticide sector. The focus on bio-based products is evident in the increasing investments by market players to diversify their biological research divisions, reflecting the promising growth prospects in the region.
South America Biopesticides Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porters Five Force Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Product
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2.1.1 Bioherbicide
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2.1.2 Bioinsecticide
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2.1.3 Biofungicide
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2.1.4 Others
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2.2 Formulation
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2.2.1 Liquid Formulation
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2.2.2 Dry Formulation
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2.3 Ingredient
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2.3.1 Microbial Pesticide
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2.3.2 Plant Pesticide
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2.3.3 Biochemical Pesticide
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2.4 Mode of Application
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2.4.1 Foliar Spray
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2.4.2 Seed Treatment
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2.4.3 Soil Treatment
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2.4.4 Post-harvest
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2.5 Application
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2.5.1 Crop-based
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2.5.2 Non-crop based
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2.6 Geography
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2.6.1 Latin America
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2.6.1.1 Brazil
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2.6.1.2 Argentina
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2.6.1.3 Mexico
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2.6.1.4 Chile
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2.6.1.5 Colombia
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2.6.1.6 Rest of Latin America
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South America Biopesticides Market Size FAQs
What is the current South America Biopesticides Market size?
The South America Biopesticides Market is projected to register a CAGR of 13.80% during the forecast period (2024-2029)
Who are the key players in South America Biopesticides Market?
BASF SE, Syngenta AG, Bayer Crop Science AG, Promip and Koppert Biological Systems are the major companies operating in the South America Biopesticides Market.
