The Report “Latin America Biocontrol Market By Type (Bio insecticides, Bio fungicides, Bio herbicides, and Bionematicides), By Origin (Microbials, Beneficial Insects, and Bio chemicals), By Mode of Application, By Formulation, By Crop Type & By Country – Trends & Forecast to 2021” is estimated to reach $1,050.7 million by 2021, growing at a CAGR of 16.5% from 2016 to 2021.
Browse through the TOC of the Latin America Biocontrol Market for an analysis of industry trends and segments, with the help of various tables and figures.
Early buyers will receive 10% customization on this report
The biofungicides segment of the Latin American biocontrol market is projected to grow at the highest CAGR during the period 2016–2021
Biofungicides are widely used for organic farming of vegetables and orchard crops to control foliar and soil-borne diseases. Biofungicides can be applied as a stand-alone treatment to control a targeted disease, provided the application is done before the disease starts. Due to these factors, the biofungicides segment dominates the Latin American biocontrol market.
The microbials segment is the major shareholder in the Latin American biocontrol market
Microbial biocontrols are non-toxic and non-pathogenic substances used to control pests & diseases. They contain microorganisms as the main active ingredient that functions as a biological control agent, affecting the pathogen and pests directly or indirectly. The microbials segment has been further subsegmented to bacteria, fungi, virus, and nematodes.
Among modes of application, the foliar segment led the Latin American biocontrol in 2015
Foliar spray or foliar feeding is a technique of feeding plants by applying liquid biocontrols directly to their leaves. There is an increasing usage of foliar sprays in the Latin American region for applying biocontrols to plants. Foliar spray is used mainly on grains & oilseeds and fruits & vegetables for spraying bioinsecticides to curb the infections caused by insecticides.
The liquid formulations segment of the Latin American biocontrol market is projected to grow at the highest CAGR during the forecast period, 2016 to 2021
Liquid formulations can be water-based, oil-based, polymer-based, or their combinations. Liquid formulations are cost-effective, eco-friendly, and sustainable. They offer a long shelf life with easy handling, transportation, and application. Various companies are investing in the technological development of liquid formulation-based biocontrols.
Among crop types, the fruits & vegetables segment led the Latin America biocontrol market in 2015
The fruits & vegetables segment accounted for the largest share of the Latin American biocontrol market in 2015. Increasing consumption of fruits & vegetables and growing demand for tropical and exotic fruits & vegetables in the emerging economies across the globe are the factors fueling the growth of this segment during the forecast period. The others segment that includes turf & ornamental crops accounted for the second-largest share in the Latin American biocontrol market in 2015.
Brazil dominated the Latin American biocontrol market in 2015
The geographic analysis of the Latin American biocontrol market covers five countries, namely, Brazil, Mexico, Argentina, Colombia, and Chile. The others segment consists of Peru, Bolivia, and Ecuador. The analysis shows that the demand for biocontrols is increasing in most of the Latin American countries. Brazil held the largest share in the Latin American biocontrol market in 2015.
This report includes a study of marketing and development strategies, along with the product portfolio of leading companies. It includes profiles of various leading companies, such as BASF SE (Germany), Bayer CropScience AG (Germany), The Dow Chemical Company (U.S.), Syngenta AG (Switzerland), the BioAg alliance between Monsanto Company and Novozymes A/S (Denmark), Marrone Bio Innovations, Inc. (U.S.), Certis USA L.L.C. (U.S.), Valent BioSciences Corporation (U.S.), and Koppert B.V. (Netherlands), among others.
Study Coverage:
In terms of insights, this research report has focused on various levels of analyses—industry analysis, market share analysis of top players, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging & high-growth segments of the Latin American biocontrol market, high-growth countries, and their respective regulatory policies, government initiatives, drivers, restraints, and opportunities.
About MicroMarket Monitor:
MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.
Contact:
Mr. Priyank Tiwari
UNIT no 802, Tower No. 7, SEZ
Magarpatta City, Hadapsar
Pune, Maharashtra 411013, India
Tel: +1-888-502-0539
Email: sales@micromarketmonitor.com
