Brazil Agricultural Biologicals Market Size

Statistics for the 2023 & 2024 Brazil Agricultural Biologicals market size, created by Mordor Intelligence™ Industry Reports. Brazil Agricultural Biologicals size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

INSTANT ACCESS

Market Size of brazil agricultural biologicals Industry

Brazil Agricultural Biologicals Market Summary
share button
Icons Lable Value
https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2017 - 2029
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2024) USD 0.76 Billion
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2029) USD 1.24 Billion
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Function Crop Nutrition
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2029) 10.23 %
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Fastest Growing by Function Crop Nutrition

Major Players

major-player-company-image

*Disclaimer: Major Players sorted in no particular order

Key Players

WHY BUY FROM US?

1. CRISP & INSIGHTFUL
2. TRUE BOTTOM-UP
3. EXHAUSTIVENESS
4. TRANSPARENCY
5. CONVENIENCE

Brazil Agricultural Biologicals Market Analysis

The Brazil Agricultural Biologicals Market size is estimated at 0.76 billion USD in 2024, and is expected to reach 1.24 billion USD by 2029, growing at a CAGR of 10.23% during the forecast period (2024-2029).

share button

0.76 Billion

Market Size in 2024 (USD)

1.24 Billion

Market Size in 2029 (USD)

5.53 %

CAGR (2017-2023)

10.23 %

CAGR (2024-2029)

Largest Segment by Function

58.93 %

value share, Crop Nutrition, 2023

Icon image

The crop nutrition segment dominated Brazil's agricultural biologicals market in 2022. Organic fertilizers are the most consumed with a share of 53.4% in the country in 2022.

Largest Segment by Form

23.62 %

value share, Seaweed Extracts, 2023

Icon image

The dominance of the seaweed extracts is mainly due to their ability to provide phytohormones and to promote plant resistance against diseases, pests, and abiotic stresses

Largest Segment by Type

40.01 %

value share, Biostimulants, 2023

Icon image

Seaweed extracts and humic acid are the most commonly used biostimulants in Brazil. Seaweed extracts dominated the market which is valued at USD 26.8 million in the year 2022.

Largest Segment by Crop Type

71.85 %

value share, Row Crops, 2023

Icon image

The major row crops grown in Brazil include soybean, corn, rice, oats, and wheat. The biocontrol agents market for row crops held a market share of 4.5% by value in 2022.

Leading Market Player

5.61 %

market share, Vittia Group, 2022

Icon image

Vittia Group offers a wide range of biological crop protection and crop production products, which include biofertilizers, biopesticides, biostimulants and biocontrol agents.

  • The crop nutrition segment accounted for 58.2% of the Brazilian agricultural biologicals market in 2022. Organic fertilizers are the most consumed biological inputs in the country.
  • Biostimulants accounted for 68.6% of the total crop nutrition segment in 2022, valued at USD 246.9 million. Seaweed extracts dominated the market, valued at USD 143.2 million in 2022. The market value of seaweed extracts is anticipated to reach USD 307.1 million by the end of the forecast period.
  • Crop protection accounted for 41.8% of the Brazilian agricultural biologicals market in 2022. The market share of crop protection products is anticipated to increase by 71.2% and reach USD 489.2 million by the end of the forecast period. Biopesticides dominated the crop protection segment, accounting for 60.9% in 2022.
  • Bioherbicides are the most consumed biopesticides in Brazil, accounting for 38.15% in 2022, followed by biofungicides, other biopesticides, and bioinsecticides, with a market share of 25.6%, 18.42%, and 17.8%, respectively.
  • Karen Friederich of the Brazilian Association of Collective Health stated that agrochemicals contaminate approximately 70% of the food consumed by Brazilians. Therefore, the growing awareness about healthy food products with minimal environmental impacts is anticipated to drive the use of biologicals in organic farming across the country during the forecast period.
Brazil Agricultural Biologicals Market

Brazil Agricultural Biologicals Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029