Market Size of Argentina Biopesticides Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 7.70 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Argentina Biopesticides Market Analysis
The Argentina biopesticide market is projected to register a CAGR of 7.7% during the forecast period 2020-2025. One of the major drivers for the biopesticide market in Argentina has been the increasing demand for organically grown produce as a result of changing dietary preferences amongst the consumers. It has been estimated that almost 70% of the domestically grown food consumed is highly contaminated with pesticide residues. As a result, the growing demand for ecologically-safe produce has been ramping up the demand for bio-based pesticides in the market. Principle factors driving the same include greater adoption of biopesticides in place of traditional chemical-based pesticides as a consequence of increasing efficacy and enhanced consumer confidence in their performance output.
