Crop Protection Chemicals Market In Latin America 2024-2028
The crop protection chemicals market in Latin America is forecasted to grow by USD 6414.2 mn during 2023-2028, accelerating at a CAGR of 5% during the forecast period. The report on the crop protection chemicals market in Latin America provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing use of herbicides, growing demand from developing countries of crop protection chemicals, and technological advancements of agriculture.
Technavio's crop protection chemicals market in Latin America is segmented as below:
- By Type
- Herbicides
- Insecticides
- Fungicides
- Adjuvant
- By Crop Type
- Cereals and grains
- Oilseeds and pulses
- Fruits and vegetables
- Others
- By Geographical Landscape
- Latin America
This study identifies the implementation of integrated pest management (IPM) as new method of crop protection as one of the prime reasons driving the crop protection chemicals market in Latin America growth during the next few years. Also, introduction of biopesticides and increasing product launches will lead to sizable demand in the market.
The report on the crop protection chemicals market in Latin America covers the following areas:
- Crop protection chemicals market in Latin America sizing
- Crop protection chemicals market in Latin America forecast
- Crop protection chemicals market in Latin America industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading crop protection chemicals market in Latin America vendors that include Albaugh LLC, Atticus LLC, BASF SE, Bayer AG, Bioceres Crop Solutions Corp., China National Chemical Corp., DuPont de Nemours Inc., FMC Corp., Gowan Co., HELM AG, Novozymes AS, Nufarm Ltd., Nutrien Ag Solutions Inc., Ourofino Agrociencia, SINON CORP., Sipcam Oxon Spa, Sumitomo Chemical Co. Ltd., Syngenta Crop Protection AG, Tide Group, and UPL Ltd.. Also, the crop protection chemicals market in Latin America analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.