Latin America Crop Protection Chemicals Market 2021: Industry Growth, Size, Analysis, Demand and Forecast 2026
According to the latest report by IMARC Group, titled “Latin America Crop Protection Chemicals Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the latin america crop protection chemicals market to grow at a CAGR of around 6% during 2021-2026.
Crop
protection chemicals represent the agricultural products used to manage plant
diseases and prevent crop damage. These chemicals mainly comprise of
herbicides, fungicides, insecticides, etc. Crop protection chemicals help in
controlling and monitoring pests and diseases that may infect, consume, or
damage crops. Besides this, they also aid farmers in enhancing crop productivity,
increasing overall yield, improving food security, etc. As a result, such
chemicals are used on various crop types, including cereals and grains,
oilseeds, pulses, fruits, vegetables, etc.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Latin America Crop Protection Chemicals Market Trends:
Significant
growth of the agricultural sector and the expansion of farmlands are primarily
driving the market growth in Latin America. Moreover, the elevating levels of
urbanization and limited area of arable land are augmenting the demand for crop
protection chemicals. Owing to this, several government bodies across the
region are focusing on minimizing the conversion of natural areas, such as
forests and native prairies, into farmlands. This, along with the escalating
consumption of plant-based food products, is resulting in the increasing
adoption of these chemicals to maximize agricultural yield per acre.
Additionally, extensive R&D activities and the emergence of bio-based crop
protection chemicals to reduce the adverse environmental impact of synthetic
alternatives will continue to propel the market growth in Latin America over
the forecasted period.
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Latin America Crop Protection Chemicals Market 2021-2026 Analysis and
Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report
with the detailed profiles of the key players operating in the market.
Adama Ltd. (China National
Chemical Corporation Limited), BASF SE, Bayer AG, Corteva, Inc., FMC
Corporation, Marrone Bio Innovations, Inc., Novozymes A/S, Sumitomo Chemical
Co. Ltd, Syngenta (China National Chemical Corporation Limited) and UPL
Limited.
The report has segmented the market on the basis on region, disc type,
material type and end user.
Breakup by Origin:
- Synthetic
- Bio-Based
Breakup by Product Type:
- Herbicide
- Fungicide
- Insecticide
- Others
Breakup by Crop Type:
- Cereals
and Grains
- Oilseeds
and Pulses
- Fruits
and Vegetables
- Others
Breakup by Form:
- Liquid
- Solid
Breakup by Mode of Application:
- Foliar
Spray
- Seed
Treatment
- Soil
Treatment
- Others
Breakup by Country:
- Brazil
- Mexico
- Argentina
- Colombia
- Chile
- Peru
- Others
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List of Figure: https://www.imarcgroup.com/latin-america-crop-protection-chemicals-market
Key highlights of the report:
- Market
Performance (2015-2020)
- Market
Outlook (2021-2026)
- Porter’s
Five Forces Analysis
- Market
Drivers and Success Factors
- SWOT
Analysis
- Value
Chain
- Comprehensive
Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope
of the report, we can provide it to you as a part of the customization.
If you want latest primary and secondary data (2021-2026) with Cost
Module, Business Strategy, Distribution Channel, etc. Click request free sample
report, published report will be delivered to you in PDF format via email
within 24 to 48 hours of receiving full payment.
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