Brazil Crop Protection Market Outlook to 2027F

Brazil Crop Protection Market Outlook to 2027F

The report provides a comprehensive analysis of the potential of the Crop Protection market in Brazil. The report covers an overview and genesis of the industry, and market size in terms of revenue generated.

Its market segmentations include by Pesticides and Bio-pesticides, crop type, market source and by market structure, by form; growth enablers and drivers; challenges and bottlenecks; trends driving adoption trends; regulatory framework; end-user analysis, industry analysis, competitive landscape including competition scenario and market shares of major players. The report concludes with future market projections of each market segmentation and analyst recommendations.

Market Overview:

According to Ken Research estimates, the Brazil Crop Protection Market which grew from approximately USD ~ Bn in 2017 to approximately USD ~ Bn in 2022 is forecasted to grow further into a USD ~ Bn opportunity by 2027F, owing to more natural resources in the country and the high agronomic knowledge on tropical conditions.

Brazil ranks among the top nations in the world for agricultural productivity and output. Brazilian agriculture brought in multi-billion USD in revenue in 2022, ranking sixth globally in terms of revenue, according to the world bank.

Statistics provided by the Brazilian government show that soybeans make up roughly 95% of all oilseeds grown there, with cotton and peanuts coming in second and third.

There are two types of pesticides available on the market: synthetic and biological. A rise in the use of bio-pesticides is being caused by growing worries about environmental and food safety.

Key Trends by Market Segment:

By Type: The government has recently cleared 40 products in the country that has highly toxic chemicals as their ingredients. This had boosted the use of bio-pesticides across the country.

By Type of Crop: Brazil is the largest exporter of soy in the globe. Soybeans, Cotton, and peanuts are the major oilseeds grown in the country.

Competitive Landscape

Future Outlook

Brazil Crop Protection market is projected to witness a CAGR of ~% between 2022 to 2027F. This is majorly due to the growing population, increasing focus on food security, increased investment in research and development, increase in crop protection products and increase in farming income.

The Crop Protection marketin Brazil is expected to witness a drive towards sustainable, cost-effective crop protection chemicals to ensure that input costs remain as low as possible due to limited financing and high operating expenses.

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