Latin America BioPesticide Market flourishes owing to government and agricultural society’s indulgence.
“Latin America Bio Pesticide Market” published by Market Data Forecast, the Latin American market has been estimated at $0.35 billion in 2016 and is projected to reach $0.77 billion with CAGR of 17.28% in the forecast period 2016-2021.
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Growth of the bio pesticides market in Latin America has been substantial since the early 1990s. Local, small-scale production for local use has been a significant factor in this, especially for viral- and fungal-based products. There are, however, a number of larger companies throughout Latin America who are exporting product within the region and beyond. They are comparatively cheaper and effective. They decompose well without leaving any harmful residues. Latin American bio pesticide market as a whole is characterized by government and NGO encouraged local production.
The driving factors for Latin American Market are high prevalence of crop diseases and rising demand for organic pesticides in first world and third world countries. Various research centers all around the world are taking initiatives to improving techniques for the augmentation and application of bio pesticides. Latin American bio pesticide market as a whole is characterized by government and NGO encouraged local production which also fuels the growth of the market.
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• Biochemical pesticides.
• Plant pesticides.
• Microbial pesticides.
By Micro-organism type
• Bio herbicides.
• Bio fungicides.
• Bio nematicides.
• Bio insecticide
By Crop Type
• Arable crops.
• Forage & turf grasses.
• Greenhouse crops.
• Seed treatment.
• On farm
• Post-harvest application.
Latin America bio pesticide market is consolidated with the following major companies operating in the market, these are Parry America, Andermatt Biocontrol Ag, Marrone Bio Innovations Inc, Agbitech Pty Limited, Bioworks Inc., Som Phytopharma Limited, Camson Bio Technologies Limited, Hebei Veyong Bio-Chemical Co. Limited, Becker Underwood Inc., Agraquest Inc., Growth Products Limited, Valent Biosciences Corp, Biocare, Natural Industries and Novoenzymes A/S.
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The Latin America Bio Pesticide Market study offers following deliverables:
• Global Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions those are still untapped.
• Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics.
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis.
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development.
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment.
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies.
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions.
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.
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