| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Historical Data Period | 2019 - 2023 |
| CAGR | 13.80 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Latin America Biopesticides Market Analysis
The South America Biopesticides Market is expected to register a CAGR of 13.8% during the forecast period.
Latin America Biopesticides Market Trends
Growing Adoption of Organic Farming Practices
There is a growing demand for biocontrol products in the region, owing to consumer demand for chemical-free products and increased agricultural activities in the region. Brazil and Argentina are the growing markets for biocontrol applications owing to higher organic production. New ideas and technological solutions that are commonly accompanied by Integrated Pest Management and organic farming which involve the use of biopesticides drives the growth of the market. According to the Research Institute of Organic Agriculture (FiBL), in 2018, Approximately 8.0 million hectares were under organic production as compared to7.49 million ha. Argentina has the largest organic agricultural area with 3.6 million hectares followed by Brazil with 1.18 million hectares in 2018. Thus the increasing adoption of organic farming practice will drive the market for biopesticide during the study period.
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Brazil to be the Fastest Growing Market.
Brazil, where the demand for organic agriculture is growing enormously, the market for biological pesticides is in full development, especially in crops such as sugarcane, soybeans, corn, and beans. The applications of biological organic fertilizer products increased with the adoption of sustainable farming practices and organic ingredients. According to FiBL, in 2016, the area under organic cultivation was 1.09 million ha that has increased to 1.18 million ha in 2018, where the organic retail sales in the country were USD 875.07 million. With the growing per capita expenditure consumer spending on healthy food products is also on the rise. As per the Organic Trade Association in 2016 per capita expenditure was USD 5,844.4 that increased to USD 6,171.8 in 2018. With these enormous growth prospects, the companies are increasingly interested in opening biological control product lines, especially with an emphasis on microorganisms. For instance, in 2018, Biovalens launched two new products, Tricho-Turbo (Trichoderma asperellum BV10) and No-Nema (Bacillus amyloliquefaciens), aiming at the biological pest control in Brazil. With the launch of new products the firm expanded the product portfolio for the target market
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Latin America Biopesticides Industry Overview
In the South American biopesticide market, companies are not only competing based on product quality and promotion but are also focused on strategic moves, to hold larger market shares. New product launches, partnerships, and acquisitions are the major strategies adopted by the leading companies in the global biopesticide market. The results of the market share analysis indicate a highly fragmented market. The major players include - Valent Biosciences Corporation, Koppert BV, Certis USA LLC, Bayer Cropscience AG, BASF SE, Promip, and Syngenta. The major acquisitions taking place between companies to develop biopesticides indicate that the focus on bio-based products is increasing rapidly. The players in the market are investing heavily in this market, to diversify their biological research divisions in the expanding market place.
Latin America Biopesticides Market Leaders
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BASF SE
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Syngenta AG
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Bayer Crop Science AG
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Promip
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Koppert Biological Systems
- *Disclaimer: Major Players sorted in no particular order
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Latin America Biopesticides Industry Segmentation
According to EPA, 'Biopesticides are certain types of pesticides, derived from such natural materials as animals, plants, bacteria, and certain minerals.' The present study takes into consideration both microbial and organic pesticides. The market is broadly segmented into bioinsecticide, bioherbicide, bio fungicide, and others. The report presents a wide-ranging analysis of market share, size, and volume of the biopesticide market of South America. The corporations in the biopesticide market operate in B2B, as well as B2C, format. However, to eliminate any 'double-count' error in market estimations, bulk buyers procuring these biopesticides for retail sale are, after value-addition through further processing, not considered within the market studied.
| Product | Bioherbicide | ||
| Bioinsecticide | |||
| Biofungicide | |||
| Others | |||
| Formulation | Liquid Formulation | ||
| Dry Formulation | |||
| Ingredient | Microbial Pesticide | ||
| Plant Pesticide | |||
| Biochemical Pesticide | |||
| Mode of Application | Foliar Spray | ||
| Seed Treatment | |||
| Soil Treatment | |||
| Post-harvest | |||
| Application | Crop-based | ||
| Non-crop based | |||
| Geography | Latin America | Brazil | |
| Argentina | |||
| Mexico | |||
| Chile | |||
| Colombia | |||
| Rest of Latin America | |||
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Latin America Biopesticides Market Research FAQs
What is the current Latin America Biopesticides Market size?
The Latin America Biopesticides Market is projected to register a CAGR of 13.8% during the forecast period (2025-2030)
Who are the key players in Latin America Biopesticides Market?
BASF SE, Syngenta AG, Bayer Crop Science AG, Promip and Koppert Biological Systems are the major companies operating in the Latin America Biopesticides Market.
What years does this Latin America Biopesticides Market cover?
The report covers the Latin America Biopesticides Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Latin America Biopesticides Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Latin America Biopesticides Industry Report
Statistics for the 2025 South America Biopesticides market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. South America Biopesticides analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
