(EMAILWIRE.COM, December 20, 2017 ) 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.

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.

Market Segmentation
Type
Introduction
Bio pesticides
Bio insecticides
Bio nematicides
Bio Herbicides
Bio fertilizers
Bio stimulants

Application
Introduction
Cereals & Grains
Oilseeds & Pulses
Fruits & Vegetables
Others
Sources
Introduction
Microbials
Biorationals and Others
Biorationals
Others
Mode of Application
Introduction
Soil Treatment
Seed Treatment
Foliar Spray

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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, ArystaLifescience Limited, ArystaLifeScience Corporation, ValentBioScience Corporation, Marrone Bio Innovations Inc., Certis U.S.A and Koppert B.V, Sagro.

Scope of the Report:

•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 that are still untapped
•Segment-level analysis in terms of type,Application,sources, 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 Regional 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 analysing 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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