Market Size of south america biopesticides Industry
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 449.42 Million |
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Market Size (2029) | USD 735.55 Million |
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Largest Share by Form | Bioherbicides |
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CAGR (2024 - 2029) | 10.36 % |
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Largest Share by Country | Brazil |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
South America Biopesticides Market Analysis
The South America Biopesticides Market size is estimated at 449.42 million USD in 2024, and is expected to reach 735.55 million USD by 2029, growing at a CAGR of 10.36% during the forecast period (2024-2029).
449.42 Million
Market Size in 2024 (USD)
735.55 Million
Market Size in 2029 (USD)
4.80 %
CAGR (2017-2023)
10.36 %
CAGR (2024-2029)
Largest by Form
35.10 %
value share, Bioherbicides, 2023
Bioherbicides dominated the South America biopesticides market in 2022. Bioherbicides were predominantly used in row crops with a volume share of 81.2% in the year 2022.
Fastest by Form
11.02 %
Projected CAGR, Bioinsecticides, 2024-2029
Bacillus thuringiensis and Beauveria bassiana are common biopesticides used in the region. Brazil dominated the bioinsecticide market with a share of 68.7% in 2022.
Largest by Crop Type
80.57 %
value share, Row Crops, 2023
Corn, soyabean and wheat are the major row crops grown in South Amerca. Brazil dominated the row crops segment of the biopesticides market with a share of 65.9% in 2022.
Largest by Country
57.61 %
value share, Brazil, 2023
The growing awareness about healthy food with less impact on environment is anticipated to drive the biopesticides use in organic farming in Brazil during the forecast period.
Leading Market Player
5.96 %
market share, Coromandel International Ltd, 2022
Coromandel International Limited offers various biopesticides derived from Azadirachtin that can control insects during all life stages such as egg, larva, pupa and adult.
- Biopesticides are naturally occurring substances or agents derived from animals, plants, insects, and microorganisms, including bacteria and fungi, used to manage agricultural pests and infections.
- The biopesticides market was dominated by field crops, which accounted for about 80.5% and were valued at about USD 302.9 million in 2022. The dominance of field crops was mainly due to their large cultivation area in South America.
- Bioherbicides accounted for 35.0% of South America's biopesticides market in 2022. Bioherbicides consist of microorganisms such as pathogens and other microbes or phytotoxins derived from microbes, insects, or plant extracts that act as a natural means of weed control.
- Biofungicides accounted for 24.2% of the South American biopesticides market in 2022. Bacillus species have wide applications in pest control. The formation of spores makes them adaptable and resistant to stress, making it easy to industrialize production and storage, thus increasing the potential for the application of Bacillus species. Bacillus subtilis can effectively control the plant pathogenic bacteria Fusarium and Rhizoctonia. It can also prevent diseases and promote crop growth.
- Bioinsecticides accounted for 17.8% of South America's biopesticides market in 2022. Brazil dominated the bioinsecticides market with a share of 57.7% in the same year. In Brazil, there is a complex of insects that attack soybean crops. Lepidopterans and stink bugs are the most common insects that require extensive care. These insects cause direct damage (yield reduction) and indirect damage (reduced grain quality) to soybean and other crops.
- The South American biopesticides market has seen significant growth and dominance in recent years, particularly in Brazil, which accounted for 82.7% of the market share in 2022. This growth is due to the registration of 433 biopesticides in Brazil as of March 2022, representing a 404% increase over the past nine years. Bioherbicides are the most consumed biopesticides in Brazil, which accounted for 38.15% of the market share in 2022, followed by biofungicides, other biopesticides, and bioinsecticides.
- The success of bioherbicides can be attributed to their target-specific weedicide action, which does not harm the crops they are applied to. Argentina accounted for 28.4% of the South American biopesticides market in 2022, with row crops dominating the market with a share of 88.5%. The consumption volume of biopesticides by row crops was 19.3 thousand metric tons in 2022, and it is expected to reach 36.0 thousand metric tons by the end of the forecast period.
- The Rest of South America accounted for 13.5% of the market share in 2022, with bioherbicides being the most consumed type in crop cultivation at 31.8%, followed by biofungicides and bioinsecticides at 23.2% and 18.6%, respectively. The ban on several chemical pesticides in the region presents an opportunity for the growth of the biopesticides market, as seen with the Ministry of Agriculture and Irrigation in Peru banning highly toxic pesticides and training over 120,000 people on proper pesticide use, marketing, and production.
- The South American biopesticides market is poised for continued growth and expansion, particularly in Brazil, as more farmers adopt sustainable and eco-friendly pest control methods.
South America Biopesticides Industry Segmentation
Biofungicides, Bioherbicides, Bioinsecticides are covered as segments by Form. Cash Crops, Horticultural Crops, Row Crops are covered as segments by Crop Type. Argentina, Brazil are covered as segments by Country.
- Biopesticides are naturally occurring substances or agents derived from animals, plants, insects, and microorganisms, including bacteria and fungi, used to manage agricultural pests and infections.
- The biopesticides market was dominated by field crops, which accounted for about 80.5% and were valued at about USD 302.9 million in 2022. The dominance of field crops was mainly due to their large cultivation area in South America.
- Bioherbicides accounted for 35.0% of South America's biopesticides market in 2022. Bioherbicides consist of microorganisms such as pathogens and other microbes or phytotoxins derived from microbes, insects, or plant extracts that act as a natural means of weed control.
- Biofungicides accounted for 24.2% of the South American biopesticides market in 2022. Bacillus species have wide applications in pest control. The formation of spores makes them adaptable and resistant to stress, making it easy to industrialize production and storage, thus increasing the potential for the application of Bacillus species. Bacillus subtilis can effectively control the plant pathogenic bacteria Fusarium and Rhizoctonia. It can also prevent diseases and promote crop growth.
- Bioinsecticides accounted for 17.8% of South America's biopesticides market in 2022. Brazil dominated the bioinsecticides market with a share of 57.7% in the same year. In Brazil, there is a complex of insects that attack soybean crops. Lepidopterans and stink bugs are the most common insects that require extensive care. These insects cause direct damage (yield reduction) and indirect damage (reduced grain quality) to soybean and other crops.
| Form | |
| Biofungicides | |
| Bioherbicides | |
| Bioinsecticides | |
| Other Biopesticides |
| Crop Type | |
| Cash Crops | |
| Horticultural Crops | |
| Row Crops |
| Country | |
| Argentina | |
| Brazil | |
| Rest of South America |
South America Biopesticides Market Size Summary
The South America biopesticides market is experiencing robust growth, driven by the increasing adoption of sustainable agricultural practices and the rising demand for eco-friendly pest control solutions. Biopesticides, derived from natural sources such as plants, animals, and microorganisms, are gaining traction as effective alternatives to chemical pesticides. The market is predominantly led by field crops, with bioherbicides, biofungicides, and bioinsecticides playing significant roles in pest management. Brazil stands out as a key player in this market, with a substantial share attributed to its extensive registration of biopesticides and the adoption of these products in crop cultivation. The ban on highly toxic chemical pesticides in several countries within the region further propels the demand for biopesticides, offering a lucrative opportunity for market expansion.
The region's organic farming sector is also contributing to the growth of the biopesticides market, as countries like Argentina and Uruguay lead in organic crop production. The increasing consumer awareness and demand for organically grown products are encouraging farmers to adopt biopesticides as part of their pest management strategies. Despite the fragmented nature of the market, with major players like Certis USA LLC, Coromandel International Ltd, and Koppert Biological Systems Inc. holding significant shares, collaborations and acquisitions are shaping the competitive landscape. The focus on developing innovative biopesticide solutions and expanding biological portfolios is expected to drive further growth in the South American biopesticides market, aligning with the global shift towards sustainable agriculture.
South America Biopesticides Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
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1.1 Form
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1.1.1 Biofungicides
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1.1.2 Bioherbicides
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1.1.3 Bioinsecticides
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1.1.4 Other Biopesticides
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1.2 Crop Type
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1.2.1 Cash Crops
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1.2.2 Horticultural Crops
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1.2.3 Row Crops
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1.3 Country
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1.3.1 Argentina
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1.3.2 Brazil
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1.3.3 Rest of South America
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South America Biopesticides Market Size FAQs
How big is the South America Biopesticides Market?
The South America Biopesticides Market size is expected to reach USD 449.42 million in 2024 and grow at a CAGR of 10.36% to reach USD 735.55 million by 2029.
What is the current South America Biopesticides Market size?
In 2024, the South America Biopesticides Market size is expected to reach USD 449.42 million.
