Latin America Agrochemicals Market Size, Share, Growth, Trends and Industry Analysis: By Product Type, By Technology, By Crop Type, By Formulation, By Application, and Country Forecast 2020-2031
Latin America Agrochemicals Market size was valued at US$ 48,316 million in 2024 and is expected to reach US$ 67,533 million by 2031, growing at a significant CAGR of 4.9% from 2025-2031.
Agrochemicals enhances the crop productivity and protect the crops from insects, pests, fungi, weeds, and others. Agrochemicals can be prepared by either chemical or biological methods. Rise in demand for the food products with better yield and quality, increase in the agriculture farming in Brazil and Mexico, expansion of business by the companies into Latin America region, and government support for the agriculture production are expected to boost the market. However, stringent regulatory guidelines for product approvals, high cost of agrochemicals, availability of natural fertilizers, and lack of awareness about crop diseases are restrain the growth of the market.
Latin America agrochemicals market is segmented into Brazil, Mexico, Argentina, Venezuela, and Rest of Latin America. Brazil agrochemicals market is growing due to increase in the agricultural production, fluctuations in the environment, and adoption of newer agrochemicals are propel the market. Mexico agrochemicals market has a lucrative growth owing to government support for the agriculture, rise in awareness about the agrochemicals, and rise in agricultural produce due to increase in population are fuel the market. Argentina agrochemicals market is exhibiting prominent growth, which is attributed to expansion of business by the companies, launching of newer products into the market, increase in prevalence of crop diseases are bolster the market.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Market Size in 2024 |
US$ 48,316 million |
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Market Size in 2031 |
US$ 67,533 million |
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By Product Type |
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By Crop Type |
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By Formulation |
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By Application |
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The Latin America agrochemicals market size was valued at US$ 48,316 million in 2024 and is projected to grow at a significant CAGR of 4.9% from 2025-2031.
The market coverage are the Brazil, canada, Rest of LA
The market key players are the Latin America agrochemicals market, Monsanto Company, BASF SE, The Dow Chemical Company, Bayer CropScience AG, I. DuPont De Nemours & Company, Syngenta AG, Marrone Bio Innovations Inc., Cargill Inc., Archer Daniels Midland Company, FMC Corporation
| 1.Executive Summary |
| 2.Latin America Agrochemicals Market Introduction |
| 2.1.Latin America Agrochemicals Market - Taxonomy |
| 2.2.Latin America Agrochemicals Market - Definitions |
| 2.2.1.Product Type |
| 2.2.2.Application |
| 2.2.3.Crop Type |
| 2.2.4.Formulation |
| 2.2.5.Country |
| 3.Latin America Agrochemicals Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Latin America Agrochemicals Market Analysis, 2020 - 2024 and Forecast 2025 - 2031 |
| 4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Latin America Agrochemicals Market By Product Type, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 5.1. Fertilizers |
| 5.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Pesticides |
| 5.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Herbicides |
| 5.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Insecticides |
| 5.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Fungicides |
| 5.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 5.6. Others |
| 5.6.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.6.3. Market Opportunity Analysis |
| 6.Latin America Agrochemicals Market By Application, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 6.1. Seed Treatment |
| 6.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Soil Treatment |
| 6.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Post-Harvest |
| 6.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Foliar Spray |
| 6.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 7.Latin America Agrochemicals Market By Crop Type, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 7.1. Cereals and Grains |
| 7.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Oilseeds and Pulses |
| 7.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Fruits and Vegetables |
| 7.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Forage Crops and Pastures |
| 7.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Others |
| 7.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.Latin America Agrochemicals Market By Formulation, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 8.1. Powder |
| 8.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Granular |
| 8.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Liquid |
| 8.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 9.Latin America Agrochemicals Market By Country, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 9.1. Brazil |
| 9.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.1.3. Market Opportunity Analysis |
| 9.2. canada |
| 9.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.2.3. Market Opportunity Analysis |
| 9.3. Rest of LA |
| 9.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.3.3. Market Opportunity Analysis |
| 10.Brazil Agrochemicals Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 10.1. Product Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Fertilizers |
| 10.1.2.Pesticides |
| 10.1.3.Herbicides |
| 10.1.4.Insecticides |
| 10.1.5.Fungicides |
| 10.1.6.Others |
| 10.2. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Seed Treatment |
| 10.2.2.Soil Treatment |
| 10.2.3.Post-Harvest |
| 10.2.4.Foliar Spray |
| 10.3. Crop Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Cereals and Grains |
| 10.3.2.Oilseeds and Pulses |
| 10.3.3.Fruits and Vegetables |
| 10.3.4.Forage Crops and Pastures |
| 10.3.5.Others |
| 10.4. Formulation Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Powder |
| 10.4.2.Granular |
| 10.4.3.Liquid |
| 11.canada Agrochemicals Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Fertilizers |
| 11.1.2.Pesticides |
| 11.1.3.Herbicides |
| 11.1.4.Insecticides |
| 11.1.5.Fungicides |
| 11.1.6.Others |
| 11.2. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Seed Treatment |
| 11.2.2.Soil Treatment |
| 11.2.3.Post-Harvest |
| 11.2.4.Foliar Spray |
| 11.3. Crop Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Cereals and Grains |
| 11.3.2.Oilseeds and Pulses |
| 11.3.3.Fruits and Vegetables |
| 11.3.4.Forage Crops and Pastures |
| 11.3.5.Others |
| 11.4. Formulation Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.Powder |
| 11.4.2.Granular |
| 11.4.3.Liquid |
| 12.Rest of LA Agrochemicals Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Fertilizers |
| 12.1.2.Pesticides |
| 12.1.3.Herbicides |
| 12.1.4.Insecticides |
| 12.1.5.Fungicides |
| 12.1.6.Others |
| 12.2. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Seed Treatment |
| 12.2.2.Soil Treatment |
| 12.2.3.Post-Harvest |
| 12.2.4.Foliar Spray |
| 12.3. Crop Type Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Cereals and Grains |
| 12.3.2.Oilseeds and Pulses |
| 12.3.3.Fruits and Vegetables |
| 12.3.4.Forage Crops and Pastures |
| 12.3.5.Others |
| 12.4. Formulation Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.Powder |
| 12.4.2.Granular |
| 12.4.3.Liquid |
| 13. Competition Landscape |
| 13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 13.2.1.Monsanto Company |
| 13.2.2.BASF SE |
| 13.2.3.The Dow Chemical Company |
| 13.2.4.Bayer CropScience AG |
| 13.2.5.I. DuPont De Nemours & Company |
| 13.2.6.Syngenta AG |
| 13.2.7.Marrone Bio Innovations Inc. |
| 13.2.8.Cargill Inc. |
| 13.2.9.Archer Daniels Midland Company |
| 13.2.10.FMC Corporation |
| 14. Research Methodology |
| 15. Appendix and Abbreviations |
Key Market Players
Author
Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of animal health and agriculture. His passion lies in unraveling the complexities of these domains through rigorous research and practical insights. Manoj Kumar’s journey has been marked by several key achievements: as a market analyst and competitive intelligence expert, he dissects data to provide actionable insights for global clients. Simultaneously, he champions animal healthcare, diagnosing ailments, and designing preventive care strategies. In the realm of agriculture, his focus on sustainable practices, emphasizing crop nutrition, soil health, and precision agriculture. His holistic approach and commitment to advancing science make him a respected figure in the ever-evolving landscape of life sciences.
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