Market Size of South America Biopesticides Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 13.80 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Latin America Biopesticides Market Analysis
The Latin American biopesticides market is projected to register a CAGR of 13.8% during the forecast period(2020-2025). The restrictions imposed on chemical fertilizers and increasing awareness on environmental impact and the government supporting the use of biological pesticides act as a driver for increasing demand for biopesticides market. In South America, countries like Argentina, and Brazil are showing a steady growth rate in the biopesticide market, as the demand and awareness regarding the consumption of healthier foods and organic farming are increasing. Moreover, the development of biological technologies for pest control in South American markets has been growing at an impressive rate over the last few years. The major players include - Valent Biosciences Corporation, Koppert BV, Certis USA LLC, Bayer Cropscience AG, BASF SE, Promip, and Syngenta.
