The report Titled “Brazil Agrochemical Market Outlook to 2025 – By Type of Pesticides (Herbicides, Insecticides, Fungicides and others), By Generic and Patented, By Form of Pesticides (Liquid, Granules and Powder), By Market Structure (Organized and Unorganized Sector), By Type of Crops (Cereal Crops, Fruit Crops and Vegetable Crops), By Region (Mato Grosso, Parana, Sao Paulo, Rio Grande do Sul and Others)” by Ken Research suggested that the Brazil Agrochemical Market has been increasing due to the rising population, increasing expenditure on R&D by major companies, rise in farming income and increasing awareness of agrochemicals among farmers coupled with rising demand of biopesticides in the country. The market is expected to register a positive CAGR of 4.9% in terms of sales revenue during the forecast period 2019P-2025F.
“Increasing Demand for Bio-Based Agrochemicals coupled with growing population and increasing soybean production have driven the Brazil Agrochemical Market”
High Adoption of Herbicides: Brazil is the fourth largest agriculture economy and also the largest exporter of coffee and soybeans in 2018. Brazilian government has mandated the use of pesticides more specifically herbicides to reduce soil erosion; thereby, preventing the weed impact on the soil. Herbicides are a preferred choice of farmers in Brazil to control weed and attain optimum crop production. Therefore, rise in wheat, soy, and cereals production also forces the adoption of herbicides among the consumers. The increase in adoption of glyphosate in Brazil due to rise in adoption of glyphosate-resistant soybeans is one of the major growth drivers of the economy.
Growing Demand for Bio-Based Agrochemicals: The demand for biopesticides and biocompatible products to control pests, diseases and weeds has been increasing in Brazil in recent years, with increases in concern about the environment and contamination of food with synthetic chemical pesticides. There are currently (as o 30th November 2019) 166 commercial bio pesticides products approved in Brazil with 30 biological control assets. Furthermore, there are several new active ingredients for bio insecticides, which were launched by various companies contributing to the growth of the market.
Adoption of GM Technology: Brazil is the leading producer of GM (Genetically modified) crops in Latin America, with three commercialized crops: soybean, maize and cotton and is the second largest producer of biotech crops in the world, next to the US, planting 50.2 million hectares of biotech crops in 2017. The value of the GM seed market at the ex-manufacturer level in Brazil was USD 3.8 billion in 2017. Brazil has expanded the area cultivated with genetically modified (GM) crops by 1.1 million hectares in 2018. With the adoption of GM technology, the adoption of these crops has fastened up the use of pesticides due to rise of superweeds and the increase in difficulty to kill insects.
Key Segments Covered
By Types of Pesticides
Herbicides
Insecticides
Fungicide
Seed Treatment
Miticides
Others
By Type of Herbicides
Glyphosate
2.4-D
Atrazine
Paraquat
Others
By Type of Fungicides
Mancozeb
Prothioconazol
Elatus
Others
By Type of Insecticides
Pyrethroids
Lambda-cyhalothrin
Chlorpyrifos
Acephate
Others
By Type of Product
Generic
Patented
By Type of Generic Products
Herbicides
Insecticides
Fungicide
Seed Treatment
Miticides
Others
By Type of Patented Products
Herbicides
Insecticides
Fungicide
Seed Treatment
Miticides
Others
By Form of Pesticide
Liquid
Granules
Powder
By Type of Market
Organized
Unorganized
By Types of Crops
Cereal Crops
Fruit Crops
Vegetable Crops
Others
By Type of Cereal Crops
Soybean
Sugarcane
Corn
Cotton
Others
By Type of Fruit Crops
Coffee
Citrus
Apples
Grapes
Others
By Type of Vegetable Crops
Potato
Tomato
Onion
Garlic
Others
By Region
Mato Grosso
Parana
Sao Paulo
Rio Grande do Sul
Others
Key Target Audience
Venture Capitalist Firms
Agrochemical Manufacturers
Raw Material Suppliers
Research & Development Institutes
Government Bodies & Regulating Authorities
Time Period Captured in the Report:
Historical Period: 2013-2019P
Forecast Period: 2019P-2025F
Companies Covered:
Syngenta
Bayer Ag
Corteva
BASF
FMC
UPL
Nufarm
Ihara Brazil
Key Topics Covered in the Report
Brazil Agrochemical Market Overview and Genesis (Overview and Genesis including Market Stage, Market Nature and Growth Drivers, Business Cycle Graph)
Brazil Agrochemical Market Value Chain Analysis
Overview of Brazil Agricultural Scenario (Agricultural Overview, Contribution to GDP, Planted Area And Production, Mechanization Rate, Major Crops, Climate, Challenges and Sources of Credit)
Introduction to Brazil Agrochemical Market (Revenue from Formulants, Revenue from Sale of Technical Products and Sale of Active Ingredients in Thousand Tonnes)
Brazil Agrochemical Market Segmentation
Snapshot of Biopesticides in Brazil Agrochemicals Market
Trade Scenario in Brazil Agrochemicals Market (By Value, By Volume and By Countries)
Decision Making Process Used by Farmers before Purchasing Agrochemical Products
Trends and Developments in Brazil Agrochemicals Market
Issues and Challenges in Brazil Agrochemicals Market
Brazil Agrochemicals Market Regulations
SWOT Analysis Brazil Agrochemicals Market
Brazil Agrochemicals Market Competition Scenario (Competition Scenario, Strength and Weakness, Market Share, Competition Scenario of Major Players)
Brazil Agrochemicals Market Future Projection, 2019P-2025F
Future Outlook of Brazil Agrochemicals Market Segmentations, 2019P-2025F
Analyst Recommendations
For more information, refer to below link:
Brazil Agrochemical Industry Research Report
Related Reports
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Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
