Latin America Agricultural Biologicals Market Growth And Analysis Forecast-2021
The Latin American Agricultural Biologicals market was worth USD 2.25 billion in 2016 and is predicted to grow at a CAGR of 5.8%, to reach USD 2.98 billion by 2021.
(EMAILWIRE.COM, October 23, 2017 )
During the past few years, majority of farmers prefer to use chemicals and inorganic fertilizers to improve the nutrients in the soil and thereby resulting in weakening of soil health. This led to migration of farmers slowly towards agricultural biological products. These products are eco-friendly and also boost the soil fertility which results in the enhancement of crop productivity. Moreover, consumers shift towards organic food products is fueling the growth of the market.
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Increasing demand for organic products, improving yield and productivity, growing number of population, rapid growth in the use of these products in seed treatment, increasing spending’s in R&D efforts, support from the government and increasing health consciousness are the drivers propelling the growth of the market. Lack of awareness among the farmers and reluctant to change from existing practices of chemical pesticides are the restraints limiting the market.
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Agricultural biologicals market is segmented on the basis of Type, Application, Sources, and Mode of Application. Based on type, market is segmented into Bio pesticides, Biofertilizers and Bio stimulants. Bio Pesticides are further segmented into Bio insecticides, Bio nematicides, Bio Herbicides. Based on Application, market is segmented into Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables and Others. Based on sources, market is further segmented into Microbial, Biorationals and Others. On the basis of Mode of application, market is segmented Soil Treatment, Seed Treatment, and Foliar Spray. On the basis of geography, the Latin America market is analyzed under various regions namely Brazil, Argentina, and Mexico. Brazil is the biggest market in Latin America with a share of more than forty percent followed by Argentina. Bio-pesticides held a major in the Latin American Agricultural Biologicals market.
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Some of the major companies dominating the market, by their products and services include BASF, Bayer Crop Science, Syngenta, Novozymes A/S, Isagro, Arysta Lifescience Limited, Arysta LifeScience Corporation, Valent BioScience Corporation, Marrone Bio Innovations Inc., Certis U.S.A and Koppert B.V, Sagro.
About us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and sksillset dedicatedly serve clients from various industries and regions.
During the past few years, majority of farmers prefer to use chemicals and inorganic fertilizers to improve the nutrients in the soil and thereby resulting in weakening of soil health. This led to migration of farmers slowly towards agricultural biological products. These products are eco-friendly and also boost the soil fertility which results in the enhancement of crop productivity. Moreover, consumers shift towards organic food products is fueling the growth of the market.
View Full Report: http://www.marketdataforecast.com/market-reports/latin-america-agricultural-biologicals-market-2003/
Increasing demand for organic products, improving yield and productivity, growing number of population, rapid growth in the use of these products in seed treatment, increasing spending’s in R&D efforts, support from the government and increasing health consciousness are the drivers propelling the growth of the market. Lack of awareness among the farmers and reluctant to change from existing practices of chemical pesticides are the restraints limiting the market.
Request for Sample: http://www.marketdataforecast.com/market-reports/latin-america-agricultural-biologicals-market-2003/request-sample
Agricultural biologicals market is segmented on the basis of Type, Application, Sources, and Mode of Application. Based on type, market is segmented into Bio pesticides, Biofertilizers and Bio stimulants. Bio Pesticides are further segmented into Bio insecticides, Bio nematicides, Bio Herbicides. Based on Application, market is segmented into Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables and Others. Based on sources, market is further segmented into Microbial, Biorationals and Others. On the basis of Mode of application, market is segmented Soil Treatment, Seed Treatment, and Foliar Spray. On the basis of geography, the Latin America market is analyzed under various regions namely Brazil, Argentina, and Mexico. Brazil is the biggest market in Latin America with a share of more than forty percent followed by Argentina. Bio-pesticides held a major in the Latin American Agricultural Biologicals market.
Inquire Before Buying: http://www.marketdataforecast.com/market-reports/latin-america-agricultural-biologicals-market-2003/inquire
Some of the major companies dominating the market, by their products and services include BASF, Bayer Crop Science, Syngenta, Novozymes A/S, Isagro, Arysta Lifescience Limited, Arysta LifeScience Corporation, Valent BioScience Corporation, Marrone Bio Innovations Inc., Certis U.S.A and Koppert B.V, Sagro.
About us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and sksillset dedicatedly serve clients from various industries and regions.
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results