Press Release Description
USD 4.32 Billion Brazil Insecticides Market to Register at a CAGR of Around 6.6% During 2025-30
The Brazil Insecticides Market size is valued at around USD 4.32 billion & is projected to grow at a CAGR of about 6.6% during the forecast period of 2025-30, cites MarkNtel Advisors in the recent research report. Insecticides are those chemicals that assist in controlling and or eliminating insects. Veterinary insecticides can be classified into repellent, organic, and inorganic insecticides which farmers use to protect their crops. It is effective in many crop productions such as; commercial crops, cereals & grains, fruits & vegetables, etc. Therefore, insecticides are one of the major tools for the food production industry.
Also, the factors that are acting as inhibitors to generate the insecticide market are population growth, demand for food, and new technologies and techniques in farming practices. Furthermore, other factors explaining the growth of the market for insecticides include low arable acreage, increase in chemical use, attractive rates of returns to scale, and use of modern technological methods of production.
Not only this, but the requirement to ensure premium quality food in the sector of agriculture, and the rise of regulatory interventions for safe farming practices contribute to the maximization of the insecticide industry. Plus, the spike in insect management, rising demand in developing countries, and research and development initiatives to launch new products provide a profitable prospectus to the market players of the insecticides industry all over the projection period. Hence, the drivers that are driving the expansion of the brazil insecticides market over the expected period include the development in farming practices, rapid growth of population, and higher production in the agriculture sector to fulfill the need for food.
Additionally, various herbicide industry companies are making huge investments in research and development to evolve a few other substitutes that are environment-friendly because there are a variety of chemical insecticides available in the market that cause harm if inhaled, swallowed, or absorbed through the skin. Therefore, several countries are thinking of banning these hazardous insecticides which cause harm to the environment.
However, the constant challenge for the industry is the strict rules and regulations of the government. The entire growth of Brazil's insecticides industry is anticipated to be hampered because of the strict guidelines of the government, further states the research report, “Brazil Insecticides Market Analysis, 2025.”
Brazil Insecticides Market Segmentation Analysis
Organophosphate Dominates the Brazil Insecticides Market
Based on the product type, the market is further bifurcated into, Pyrethroids, Organophosphate, Carbamates, Neonicotinoids, Botanicals, and Others. The organophosphate segment of the market is expected to have a steep market growth rate as compared to the other segments of the market. The above growth is because of flexibility and the multiple applications of the organophosphate insecticides, which are extensively used for pest control on all types of crops.
Organophosphates also are one of the most widely used synthetic insecticides; to create the above-listed preparations, the following reagents are used, namely methyl parathion, malathion, diazinon, and parathion, because these chemicals are quite effective against various sorts of insect pests. These are expected to increase the segmental revenue growth and also provide worthy opportunities for the market players in the coming years.
Cereals & Grains Segment Holds the Largest Market Share
The largest crop type of the Brazil Insecticides Market is cereals & grains due to the big area of cultivation coupled with Brazil being the largest producer of grains globally. Soybeans, corn, and wheat are some of the crops grown in Brazil, which are some of the many relevant crop types essential in Brazil’s domestic market and export market as well.
Also, because of increased global demand for grains particularly soybeans where Brazil is a leading producer and exporter more capital is invested in pest control systems. Present trends of land acquisition for further agriculture and high production rates of cereal and grain crops point out that the continued use of insecticides is compulsory for Brazilian agriculture and economy.
Competitive Landscape
With strategic initiatives such as mergers, collaborations, and acquisitions, the leading market companies, including Syngenta Group, Bayer AG, Corteva Agriscience, BASF SE, UPL Ltd., Adama Agricultural Solution Ltd., Nortox S/A, Iharabras, FMC Corporation, Nufarm, and others are looking forward to strengthening their market positions.
Key Questions Answered in the Research Report
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What key factors would propel and impede the industry across Brazil?
- How has the industry been evolving in terms of geography & insecticide adoption?
- How has the competition been shaping across Brazil?
- How have buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2020-30?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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