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Latin America Biopesticides Market Analysis Report 2023

The Latin America biopesticides market estimated to be valued US$ 433.5 Mn in 2018 and poised to grow at significant CAGR over 2018-2023.
Naveen Reddy | 01.10.2018
The Latin America Biopesticides Market poised to reach US$ 905.5 Mn by 2023 with a significant CAGR over six years forecast period 2018-2023 owing to growing awareness of biopesticides among farmers and launch of innovative products and technology into market

Precision Business Insights (PBI) in its report titled “Latin America Biopesticides Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012-2017 and Forecast 2018-2023” assesses the market performance over six years forecast period from 2018 to 2023. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.

The Latin America biopesticides market was valued at US$ 433.5 Mn in 2018 and projected to reach US$ 905.5 Mn by 2023 owing to increase in awareness of biopesticides among farmers. Additionally, Market players are leading the market by new product launches, newer innovations, rise in awareness about the application of biopesticides on crops are anticipated to propel the Latin America biopesticides market. However, slower rate of action and low shelf life of products expected to hinder the growth of Latin America biopesticides market over forecast years.

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Latin America biopesticides market segmented on the basis of product type, by crop type, by origin type, formulation and, country

Detailed Segmentation

By Product Type
o Fungicides
o Nematicides
o Insecticides
o Herbicides

By Crop Type
o Fruits and Vegetables
o Grains and Oilseeds
o Others

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By Origin
o Botanical
o Microbial
o Plant Incorporated Protectants

By Formulation
o Liquid
o Dry

Geography
o Latin America
• Brazil
• Mexico
• Argentina
• Chile
• Ecuador
• Rest of Latin America

Key player’s profiles in the report are Bayer CropScience AG, Syngenta, The Dow Chemical Company, BASF SE, Isagro SpA, Koppert Biological Systems, Monsanto Company, Valent BioSciences Corporation, and W.Neudorff GmbH Kg

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About the author: Naveen Reddy