The Report “Latin America Agriculture Biologicals Market by Type (Biopesticides, Bio fertilizers And Biostimulants), Application, Geography - Analysis and Forecast to 2019”, is estimated to reach $1,178.42 million by 2019, growing at a CAGR of 15.8% from 2014 to 2019.
Browse through the TOC of the Latin America Agriculture Biologicals Market for an analysis of industry trends and segments, with the help of various tables and figures.
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The population increase has resulted in increase in demand for qualitative food. Population and income are growing in tandem, and according to the United Nation’s Food and Agriculture Organization, the world will have more than 9 billion people within the next 40 years. The Latin American population increase as well as increasing awareness about qualitative food is resulting in increasing pressure on agricultural production. Thus, environment-friendly agricultural biological products, such as biopesticides, biofertilizers, and biostimulants, which affect the plant development process, are expected to witness growth in coming years.
Brazil is a major market with the largest market share in the Latin American region. It constituted 39.66% market share and is an important market for global agricultural biologicals producers. The market for organic products is growing at a substantial rate due to the increasing consumer interest. The main reasons for the increased demand in the organic food market are growth in the number of health-conscious individuals, increasing concern about the environment, and support provided by the government.
The agricultural biologicals market is segmented and projected on the basis of application, namely, cereals & grains, fruits & vegetables, and rest (crops). The study has been conducted to explore the types of biologicals, namely, biopesticides, biostimulants, and biofertilizers. The market is further segmented and forecasted on the basis of major countries, such as Brazil, Argentina, and others.
This report also comprises market shares, supply chain and value chain analyses, and market metrics such as drivers and restraints. In addition, it also presents a country-level competitive landscape and company profiles of key players in the Latin American agricultural biologicals market.
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