Market Size of brazil biopesticides Industry
Icons | Lable | Value |
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Study Period | 2017 - 2029 | |
Base Year For Estimation | 2022 | |
CAGR | 9.54 % | |
Largest Share by Form | Bioherbicides | |
Fastest Growing by Form | Bioinsecticides | |
Market Concentration | High | |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Brazil Biopesticides Market Analysis
The Brazil Biopesticides Market is projected to register a CAGR of 9.54%
- Bioherbicides is the Largest Form : Among bioherbicides, Fusarium oxysporum and Alternaria cuscutacidae are important microorganisms used as biological pesticides against the weeds Opuntia and Cuscata.
- Bioinsecticides is the Fastest-growing Form : The market for bioinsecticides in Brazil is valued at USD 38.9 million in 2022, with a share of 57.7%. The Bioinsecticides market has increased by 27.6% during 2017-2022.
- Row Crops is the Largest Crop Type : Brazil's main row crops are soybean, maize, and rice. The dominance of row crops is due to an increase in organic acreage of 23.3% from 2017 to 2022 in the country.
- Row Crops is the Fastest-growing Crop Type : Row crops accounted for 78.9% of overall market value and 78.8% of total volume in 2022. Brazil is one of the largest producers and exporter of soybean, maize, and rice.