Crop Protection Chemicals Market In Latin America 2023-2027
The crop protection chemicals market in Latin America is forecasted to grow by USD 6084.14 mn during 2022-2027, 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, and technological improvements leading to efficient methods of agriculture.
Technavio's crop protection chemicals market in Latin America is segmented as below:
By Crop Type
- Cereals and grains
- Oilseeds and pulses
- Fruits and vegetables
- Other crop
By Type
- Herbicides
- Insecticides
- Fungicides
- Adjuvant
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, the introduction of biopesticides and an increasing number of new 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, 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, UPL Ltd., and Atticus LLC. 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 research - both primary and secondary. 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 the accurate market growth.