Brazil Biopesticides Market Share, Size, Growth, Opportunity and Forecast 2021-2026

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Brazil Biopesticides Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The Brazil biopesticides market exhibited strong growth during 2015-2020. Biopesticide refers to an agricultural product that is manufactured by using various naturally occurring substances, such as plants, microbes, biochemicals, etc. Some of the common product variants include bioherbicides, bio-fungicides, and bioinsecticides. In comparison with their chemical-based counterparts, biopesticides are lesser toxic, provide long-term control of pests, and offer higher efficiency even when applied in minimal quantities. As a result, these products find extensive applications in foliar spray, seed treatment, soil treatment, and post-harvest procedures.

In Brazil, the expanding agriculture industry along with the rising demand for plant-based food products is augmenting the market growth. Furthermore, the growing popularity of organic farming methods due to the increasing consumer concerns towards negative health impact of chemical-based pesticides is also propelling the product demand. Additionally, the limited availability of agricultural farms across the country is also driving the need for biopesticides for improving soil fertility and enhancing crop yield. In line with this, the rising focus by the Ministry of Agriculture, Brazil, on promoting agricultural sustainability and maintaining environmental safety is further bolstering the product demand in Brazil. A number of training programs are being conducted to educate the farmers about the adverse impact of chemical fertilizers that may lead to microbial imbalance, soil pollution, and reduced levels of biocontrol agents in the soil in the country. Furthermore, the introduction of favorable government policies to promote sustainable and organic farming practices is also bolstering the demand for biopesticides in Brazil. In the coming years, extensive R&D activities in the field of agriculture sciences to manufacture safe and clean product variants are expected to drive the market for biopesticides in Brazil. Looking forward, IMARC Group expects the Brazil biopesticides market to grow at a CAGR of around 9% during the forecast period (2021-2026).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Brazil biopesticides market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on product type, formulation, source, mode of application and crop type.

Breakup by Product Type:

Bioherbicide
Bioinsecticide
Biofungicide
Others

Breakup by Formulation:

Dry
Liquid

Breakup by Source:

Microbials
Plant Extracts
Biochemicals

Breakup by Mode of Application:

Foliar Spray
Seed Treatment
Soil Treatment
Post-Harvest

Breakup by Crop Type:

Cereals and Grains
Oilseeds and Pulses
Fruits and Vegetables
Others

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being AMVAC Chemical Corporation., Andermatt Biocontrol AG, BASF SE, Bayer AG, Corteva Agriscience, FMC Corporation, Koppert Biological Systems, Marrone Bio Innovations. and Valent Biosciences LLC

Key Questions Answered in This Report:

How has the Brazil biopesticides market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the Brazil biopesticides market?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the formulation?
What is the breakup of the market based on the source?
What is the breakup of the market based on the mode of application?
What is the breakup of the market based on the crop type?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the Brazil biopesticides market and who are the key players?
What is the degree of competition in the industry?