Chile Crop Protection Chemicals Market Trends

Statistics for the 2023 & 2024 Chile Crop Protection Chemicals market trends, created by Mordor Intelligence™ Industry Reports. Chile Crop Protection Chemicals trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

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Team License

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Corporate License

$8750

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Market Trends of Chile Crop Protection Chemicals Industry

This section covers the major market trends shaping the Chile Crop Protection Chemicals Market according to our research experts:

Technological Innovation in the Crop Protection Sector

Various ongoing innovations in agriculture are expected to have a positive impact on the crop protection chemicals market in Chile. For instance, the application of epigenetics in developing new fungicide formulation, digital farming tools, and precision farming with a precise amount of chemicals for getting proper yield among others, are likely to drive the demand for pesticides in Chile.

Chile Crop Protection Chemicals Market Trends

Crop-based Products Dominate Market

The Ministry of Agriculture's Agricultural and Livestock Protection Service (SAG) must approve the use of pesticides. This agency regulates the use of pesticides in Chile. In Chile, the agrochemicals market is quite competitive, with Bayer occupying the topmost position, followed by Syngenta and Agricola National S.A.C (ANASAC). The market for crop-based pesticide application occupies a larger market share of 85%, with grains and cereals dominating this segment.

Chile Crop Protection Chemicals Market: Revenue in USD million, by Crop-Based Application, Chile, 2020-2025

Chile Crop Protection Chemicals Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)