| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 61.5 Million |
| Market Size (2030) | USD 80.60 Million |
| CAGR (2025 - 2030) | 5.60 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
South America Acaricides Market Analysis
The Acaricides Market size is estimated at USD 61.5 million in 2025, and is expected to reach USD 80.60 million by 2030, at a CAGR of 5.60% during the forecast period (2025-2030).
The South American acaricides market is witnessing significant growth due to factors such as agricultural expansion, pest management requirements, and supportive governmental policies. The increase in agricultural land usage has played a major role in driving this growth. The continuous increase in the population necessitates higher food production, thereby driving the demand for acaricides to protect crops from pests and ensure food security. Data from IBGE - Municipal Agricultural Production indicates that the agricultural planted area expanded from 85.8 million hectares in 2022 to 90 million hectares in 2023. Moreover, ticks, which transmit diseases that severely impact livestock reliant on cereal-based feed, have further increased the demand for acaricides. Chemical acaricides remain the most effective method for tick control, thereby supporting market growth.
Government initiatives are also playing a crucial role in supporting the market. In 2024, the Argentine government introduced a new credit mechanism to assist farmers in purchasing agricultural inputs and machinery. This initiative, named "Pagaré Valor Producto" (Product Value Promissory Note) by the Ministry of Economy, allows farmers to access term credit and acquire inputs, including acaricides, through promissory notes tied to the value of soybeans or other commodities. These notes are linked to the Rosario Stock Exchange (BCR). Such measures encourage farmers to invest in acaricides, helping them mitigate losses caused by pests and improve crop yields. Therefore, the combined impact of increasing crop production demands, rising pest infestations, and strong government support is driving the growth of the acaricides market in South America during the forecast period.
South America Acaricides Market Trends
Increasing Insecticide Usage Boosts Market Growth
Ticks and mites are significantly impacting crop yields in South America, leading to substantial losses in agricultural production and threatening food security in the region. South America, recognized for its diverse agricultural output, is facing increasing pest-related challenges, particularly from mites and ticks. A 2024 study by the Mato Grosso Cotton Institute revealed that the two-spotted spider mite (Tetranychus urticae) can cause up to 20% losses in Brazilian cotton crops, equating to over 1,000 kg of fiber per hectare. This has driven the adoption of acaricides in horticulture, which are effective in reducing fruit damage and preventing pest infestations, thereby contributing to market growth.
Urbanization has also led to a reduction in arable land across South America. For example, FAOSTAT data shows that land used for cereals decreased from 18.0 million hectares in 2022 to 16.2 million hectares in 2023. To maximize production on the remaining land, producers are increasingly using crop protection chemicals like acaricides, a type of insecticide, to combat mite infestations. According to FAOSTAT, insecticide usage in South America rose from 145 thousand metric tons in 2021 to 170 thousand metric tons in 2022. The growing need to enhance crop yields to meet rising food demand is driving the increased use of acaricides, supporting market growth during the forecast period.
The emphasis on acaricides in South American agriculture reflects a broader trend toward efficient farming practices, which is encouraging global manufacturers to expand into the regional market. For instance, in 2023, Syngenta acquired Ultrafine, a Brazil-based manufacturing subsidiary, as part of an investment project that includes expanding the Paulinia-SP plant. This expansion enhances Syngenta's production capacity in Brazil, particularly for acaricides. Therefore, the combination of increasing pest infestations, declining arable land, and strategic expansions is driving market growth.
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Rising Demand for Acaricides in Horticultural Crops Fuels Growth in Brazil
Brazil's agricultural sector, known for its vastness and vitality, is a cornerstone of the country's economy. The growing demand for food and agricultural products is a key driver of market expansion. The region is characterized by significant areas dedicated to horticultural crop harvesting. However, these crops face severe infestations from pests such as the Two-spotted Spider Mite, Red Spider Mite, and Broad Mites. For example, FAOSTAT data indicates that the area under fruit crop cultivation in South America increased from 231 thousand hectares in 2022 to 235 thousand hectares in 2023. The combination of extensive horticultural crop harvesting and high mite infestations has led to increased acaricide usage, which is expected to drive market growth during the forecast period.
The support from the government for the inputs is aiding the market growth. For instance, in 2024, the Minister of Agriculture and Livestock in Brazil introduced the 2023/2024 Crop Plan, allocating BRL 364.22 billion (USD 72.9 billion) to support agricultural production nationwide. This plan offers a 0.5 percentage point reduction in interest rates for inputs, including acaricides, to producers who implement sustainable agricultural practices. This initiative encourages the adoption of acaricides with a lower carbon footprint, thereby enhancing agricultural productivity.
Advancements in acaricides with effective pest-killing mechanisms are contributing to market growth in Brazil. These innovations play a crucial role in improving farm productivity. For instance, in 2023, Syngenta launched Verdavis, an acaricidal insecticide in Brazil. It contains two highly effective active ingredients, Plinazolin and Lambda Cyhalothrin, designed for use on soybeans and corn. The product employs a traditional knock-down effect to eliminate pests. Consequently, the rising mite and tick infestations in horticultural crops, combined with government support and product innovations, are driving market growth during the forecast period.
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South America Acaricides Industry Overview
The agricultural acaricides market is primarily consolidated, with a few major players accounting for the majority share. Prominent companies in the market include Corteva Agriscience, UPL Limited, Bayer AG, Syngenta, and BASF SE. Alongside these global leaders, several smaller local players are actively working to secure a portion of the growing market. The market is rapidly advancing, driven by product innovation and an increased focus on improving the retail availability of various acaricide products.
South America Acaricides Market Leaders
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Corteva Agriscience
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Syngenta
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Bayer AG
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BASF SE
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UPL Limited
- *Disclaimer: Major Players sorted in no particular order
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South America Acaricides Market News
- November 2024: Alta Defensivos introduced Vilora, an acaricide specifically developed for the Brazilian market, which effectively manages pests in key crops like coffee and citrus. It targets leprosy mites and red mites in coffee, as well as leprosy mites, false rust mites, red mites, purple mites, and white mites in citrus.
- December 2023: In Brazil, Ascenza, a Portuguese multinational, unveiled its acaricide, Cloud. Cloud, harnessing spirodiclofen from the Ketenol chemical family, targets mites detrimental to crops like coffee, coconut, apple, papaya, rubber, and tomato. Delivered as a Suspension Concentrate (SC), Cloud effectively contacts and eradicates multiple mite species.
South America Acaricides Industry Segmentation
Acaricides are crop protection chemicals used to control mites and ticks. The South American Acaricides Market is segmented by Type into Organophosphates, Carbamates, Organochlorines, Pyrethrins, Pyrethroids, and Other Chemical Types, by Application into Spray, Dipping, Hand Dressing, and Others Applications and Geography into Brazil, Argentina, and Rest of South America. The report offers market estimates and forecasts in value (USD) for all the above segments.
| Chemical Type | Organophosphates |
| Carbamates | |
| Organochlorines | |
| Pyrethrins | |
| Pyrethroids | |
| Other Chemical Types | |
| Application | Spray |
| Dipping | |
| Hand Dressing | |
| Other Applications | |
| Geography | Brazil |
| Argentina | |
| Rest of South America |
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South America Acaricides Market Research Faqs
What is the current South America Acaricides Market size?
The South America Acaricides Market is projected to register a CAGR of 4.4% during the forecast period (2025-2030)
Who are the key players in South America Acaricides Market?
Corteva Agriscience, Syngenta, Bayer AG, UPL and Nufarm are the major companies operating in the South America Acaricides Market.
What years does this South America Acaricides Market cover?
The report covers the Acaricides Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the South America Acaricides Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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South America Acaricides Industry Report
Statistics for the 2025 South America Acaricides market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South America Acaricides 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.
