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2014 - 2020
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REPORT DESCRIPTION:
Brazilian market for Pesticides is the largest in Latin America, with estimated volume and
value shares of over 45% in 2014. The region is also forecast as the fastest growing Latin
American market for Pesticides, with Synthetic Pesticides leading the overall consumption
and demand in the region. In terms of growth, though consumption and demand for
Biopesticides are likely to outpace other segments by posting 2014-2020 CAGRs of 17% and
17.7%, respectively. The Brazilian market for pesticides has a few unique characteristics,
making it different from other markets, which include higher margins, high concentration,
longest payment terms and continuous and sustainable agricultural growth. The leading eight
companies comprising Syngenta, Bayer, BASF, FMC, DuPont, Dow, Monsanto and Iharabras
corner more than 72% of the share in the country. Over the last decade, Chinese and Indian
companies have been entering Brazil through distribution systems and/or as registration
holders, moves that are considered much more lucrative that just supplying products to local
distributors. Know more.
TABLE OF CONTENTS:
1. Introduction
1.1 Methodology
1.2 Definition of the Market
4. Market Segmentation
4.1 Synthetic Pesticides
5. Competitive Overview
7. Appendix
7.1 Secondary Sources
7.2 Disclaimers
By Region
Value demand for Pesticides in Latin America is slated to post a robust CAGR of 7.8% between 2014 and
2020 to reach a projected US$8.8 billion by 2020 from an estimated US$5.6 billion in 2014.
Brazil once again forms the largest and the fastest growing value market for Pesticides in the region.
Latin America Pesticides Market Value by Region for 2010-2020 (In US$ Million)
Region
2010
2011
2012
2013
2014
2020
% CAGR (2014-2020)
Argentina
XX
XX
XX
XX
1,566.04
XX
XX
Brazil
XX
2,108.18
XX
XX
XX
XX
XX
XX
XX
XX
1,394.84
XX
XX
XX
Total
XX
XX
XX
XX
XX
XX
XX
By Product Group/Segment
Though demand for Synthetic Pesticides is the highest and is likely to remain highest up to 2020, growth
is anticipated to be faster in demand for Biopesticides in Latin America.
COMPETITIVE OVERVIEW
MARKET SHARE ANALYSIS
The following table lists the top 10 global pesticide companies pertinent to market share during 2013:
Share%
Syngenta (Switzerland)
Dow AgroSciences (USA)
Makhteshim Agan (Israel)
Nufarm (Australia)
Sumitomo Chemical (Japan)
In 2013, Switzerland-based Syngenta led the global market for pesticides with a share of 18.09% and was
followed by Bayer with a share of 17.1%.
The top 10 key players accounted for a market share in excess of 82% dominating the global pesticides
market in 2013. Despite being engaged in the food and farming sectors for a long time-period, these MNCs
could only achieve the present levels of consolidation and control over the last couple of decades.
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