Latin America Crop Protection Chemicals Market Report 2021-26: Share, Size, Trends, Growth and Forecast
Latin America Crop Protection Chemicals Market Report 2021-26: Share, Size, Trends, Growth and Forecast
Published by IMARC Services Private Limited
Posted on October 8, 2021
The Latin America Crop Protection Chemicals Market to grow at a CAGR of around 6% during 2021-2026. The report provides a detailed analysis of the market by Origin, Product Type, Crop Type, Form, Mode of Application, Country.Also, the report analysis the market’s competitive landscape.
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.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends and Drivers:
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.
Who are the Major Latin America Crop Protection Chemicals Market Key players?
The report provides a detailed analysis of latin america crop protection chemicals market leaders, including.
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.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Contact Us
Olivia Anderson Marketing Manager 30 N Gould St, Ste R Sheridan, WY 82801, USA Email: sales@imarcgroup.com Website: https://www.imarcgroup.com LinkedIn: https://in.linkedin.com/company/imarc-group
The Latin America Crop Protection Chemicals Market to grow at a CAGR of around 6% during 2021-2026. The report provides a detailed analysis of the market by Origin, Product Type, Crop Type, Form, Mode of Application, Country.Also, the report analysis the market’s competitive landscape.
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.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends and Drivers:
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.
Who are the Major Latin America Crop Protection Chemicals Market Key players?
The report provides a detailed analysis of latin america crop protection chemicals market leaders, including.
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.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Contact Us
Olivia Anderson Marketing Manager 30 N Gould St, Ste R Sheridan, WY 82801, USA Email: sales@imarcgroup.com Website: https://www.imarcgroup.com LinkedIn: https://in.linkedin.com/company/imarc-group