Latin America Agrochemicals Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012 to 2016 and Forecast 2017 to 2023

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Latin America Agrochemicals Market: By Product Type (Fertilizers, Pesticides, Others), By Technology (Synthetic, Biological), By Crop Type (Cereals and Grains, Oilseeds and Pulses, Fruits and Vegetables, Forage Crops and Pastures, Others), By Formulation (Powder, Granular, Liquid), By Application (Seed Treatment, Soil Treatment, Post-Harvest, Foliar Spray), and Geography – Latin America Agrochemicals Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012-2016 and Forecast 2017-2023


Market Dynamics: Latin America Agrochemicals Market


Agrochemicals enhances the crop productivity and protect the crops from insects, pests, fungi, weeds, and others. Agrochemicals can be prepared by either chemical or biological methods. Rise in demand for the food products with better yield and quality, increase in the agriculture farming in Brazil and Mexico, expansion of business by the companies into Latin America region, and government support for the agriculture production are expected to boost the Latin America agrochemicals market. However, stringent regulatory guidelines for product approvals, high cost of agrochemicals, availability of natural fertilizers, and lack of awareness about crop diseases are restrain the growth of Latin America agrochemicals market.


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Market Scope: Latin America Agrochemicals Market

Latin America agrochemicals market is segmented based on product type, technology, crop type, formulation, application, and country

Based on the product type, the market is segmented into the following:

·         Fertilizers

·         Pesticides

·         Herbicides

·         Insecticides

·         Fungicides

·         Others

Based on technology, the market is segmented into the following:

·         Synthetic

·         Biological

Based on the crop type, the market is segmented into the following:

·         Cereals and Grains

·         Oilseeds and Pulses

·         Fruits and Vegetables

·         Forage Crops and Pastures

·         Others

Based on the formulation, the market is segmented into the following:

·         Powder

·         Granular

·         Liquid

Based on the application, the market is segmented into the following:

·         Seed Treatment

·         Soil Treatment

·         Post-Harvest

·         Foliar Spray

Based on the country, the market is segmented into the following:

·         Brazil

·         Mexico

·         Argentina

·         Venezuela

·         Rest of Latin America


Country Analysis:  Agrochemicals Market

Latin America agrochemicals market is segmented into Brazil, Mexico, Argentina, Venezuela, and Rest of Latin America. Brazil agrochemicals market is growing due to increase in the agricultural production, fluctuations in the environment, and adoption of newer agrochemicals are propel the market. Mexico agrochemicals market has a lucrative growth owing to government support for the agriculture, rise in awareness about the agrochemicals, and rise in agricultural produce due to increase in population are fuel the market. Argentina agrochemicals market is exhibiting prominent growth, which is attributed to expansion of business by the companies, launching of newer products into the market, increase in prevalence of crop diseases are bolster the market.


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Competition Assessment: Latin America Agrochemicals Market

Some of the players in the Latin America agrochemicals market include:

·         Monsanto Company (U.S.)

·         BASF SE (Germany)

·         The Dow Chemical Company (U.S.)

·         Bayer CropScience AG (Germany)

·         I. DuPont De Nemours & Company (U.S.)

·         Syngenta AG (Switzerland)

·         Marrone Bio Innovations Inc. (U.S.)

·         Cargill Inc. (U.S.)

·         Archer Daniels Midland Company (U.S.)

·         FMC Corporation (U.S.)


Notable Market Developments: Latin America Agrochemicals Market

·         In May 2017, Syngenta AG launched Adepidyn, a fungicide used to treat the major crop diseases such as Botrytis, Sclerotinia, Fusarium, and Corynespora in Argentina and Uruguay.


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Key Features of the Report:

·         The report provides granular level information about the market size, regional market share, historic market (2012-2016) and forecast (2017-2023)

·         The report covers in-detail insights about the competitor’s overview, company share analysis, key marketdevelopments, and their key strategies

·         The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market

·         The report tracks recent innovations, key developments and startup’s details that are actively working in the market

·         The report provides plethora of information about market entry strategies and regulatory framework

·         The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market


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