The
report titled “Brazil Agrochemical Market Outlook to 2025 – By Type
of Pesticides (Herbicides, Insecticides, Fungicides and others), By Generic and
Patented, By Form of Pesticides (Liquid, Granules and Powder), By Market
Structure (Organized and Unorganized Sector), By Type of Crops (Cereal Crops,
Fruit Crops and Vegetable Crops), By Region (Mato Grosso, Parana, Sao
Paulo, Rio Grande do Sul and Others)"
provides a comprehensive analysis of
the Agrochemical market in Brazil. The report also covers the overview and
genesis, market size in terms of revenues from formulants and technical’s,
trends and developments, issues and challenges and government
regulations in Brazil regarding agrochemicals. The
report provides value chain and SWOT analysis, buying decision parameters,
competitive scenario and company profiles. The report concludes with market
projection and analyst recommendations highlighting the major opportunities and
cautions.
Brazil Agrochemical Market Overview and Size
Brazil is the largest agrochemicals consumer in South America
accompanying 40-50% of total consumption. Brazil Agrochemical market is
dominated by imports. With few technical’s being manufactured in Brazil, the
country has been majorly dependent on several countries such as US, India and
China for the procurement of technical which are used in crop protection. Brazil Agrochemical Market
in terms of sales volume increased at a single digit CAGR over the review
period 2013-2019P. In 2015, the Brazilian market declined considerably due to
inventories from 2014, as well as a strong exchange rate fluctuation and a
reduction in the availability of credit, causing the market to remain flat
until 2017. The agrochemical business in the country has been significantly
growing since 2017 owing to the rising population, increase in producer prices,
rise in farming income and increasing awareness of agrochemicals among farmers
and producers. The presence of global players in the market has ensured
that Brazil has access to quality products and innovations in the agrochemical
industry. However,
agrochemicals induced health and environmental concerns might create risk for
market growth.
Brazil Agrochemical Market Segmentation
By Types of Pesticides: Herbicides are a preferred choice of
farmers in Brazil to control weed and attain optimum crop production.
Therefore, rise in wheat, soy, and cereals production is forcing the adoption
of herbicides among the consumers. The increase in adoption of glyphosate in
Brazil due to rise in adoption of glyphosate-resistant soybeans is one of the
major growth driver. Fungicides are stated to increase in the future as it is
used as integration with Bio pesticides. Insecticides along with Seed
Treatments and Miticides also have a significant contribution owing to
increasing number of pests and insects affecting crop production. The demand
for biopesticides and biocompatible products to control pests, diseases and
weeds has been increasing in Brazil in recent years, with increases in concern
about the environment and contamination of food with synthetic chemical
pesticides. The Brazilian biopesticide is estimated to record a CAGR of
14.1% during 2019(P)-2025F (forecast period).
By Types of Herbicides: Herbicides which are
largely used in Brazil are Glyphosate, 2.4-D, Atrazine, Paraquat and others.
By Types of Fungicides: Fungicides which
are largely used in Brazil includes Mancozeb, Prothioconazol, Elatus and
others.
By Types of Insecticides: Insecticides
which are largely used in Brazil are Pyrethroids, Lambda-cyhalothrin,
Chlorpyrifos, Acephate and others.
By
Type of Product: In Brazil, the share of generic market has been increasing
over the years owing to the depreciation of currency in the Brazilian market
forcing the farmers to switch to relatively cheaper products. In the herbicide
market, glyphosate plays a major role in generic products. In the
fungicide market, patented products account for four-fifth of the market, which
provides great opportunities for the future. Similarly, in the seed coating
market, patented products have a larger proportion, which also provides great
potential for generic products with the expiration of more and more patented
products.
By
Form of Pesticides: Liquid
pesticides have a majority share in terms of revenues in the agrochemical
products. Since the use of liquid pesticides is relatively easier, farmers
prefer to use liquid pesticides.
The share of granules and powder form of pesticides are expected to decrease in
the future as farmers are often misguided about the usage of pesticides
which are in granules & powder form.
By Type of Market: The share of the
organized market is higher owing to robust government regulations and number of
checks performed at every stage. As the farmers prefer pesticides which
authorized by the government of Brazil, companies go through the regulatory
process in order to sell the agrochemical products in the country.
By Types of Crops: Cereal crops has
contributed the most in the overall agrochemical market revenues in 2019(P),
with soybean grown the most. The maximum demand for agrochemical products are
from cereal crops. The major
pesticides used in cereal crops are Glyphosate, 2.4D, and Atrazine. In case of
Fruit crops both herbicides and insecticides are used for crop protection.
Major crops such as Coffee, citrus and apples, account for nearly half of the
production of fruits. The pesticides are effective in combating against pests
and increase the yield of the fruits. Vegetable crops are mostly root crops,
absorbs most of the pesticides that is sprayed on them.
By Region: Mato Grosso and Parana are the
cities with the largest arable land contributing highest revenue share whereas
the remaining share were captured by other areas such as Sao Paulo and Rio
Grande do Sul.
Competitive
Landscape
Brazil Agrochemical market is moderately
concentrated with the leading 8 players collectively capturing more than 80.0%
of the total market share in terms of revenue in the year 2019(P). The global players with their recent
mergers or acquisitions have consolidated their position in the global level
with a view to increase their market share further. Major players
operating in the industry are Sygenta, Bayer, Corteva, BASF, FMC, UPL, Nufarm
and Iharabras.
Brazil Agrochemical Market Future Outlook
The future prospects of the agrochemicals
market in Brazil is expected to grow at a CAGR of 4.9% during the period
2019(P)-2025F. Rising demand to improve crop yields, the emergence of plant
health as a distinct market segment and increasing demand for biologically based
new products are expected to drive the demand for agrochemicals in the future.
Key
Segments Covered
By Types of Pesticides
Herbicides
Insecticides
Fungicide
Seed Treatment
Miticides
Others
By Type of Herbicides
Glyphosate
2.4-D
Atrazine
Paraquat
Others
By
Type of Fungicides
Mancozeb
Prothioconazol
Elatus
Others
By
Type of Insecticides
Pyrethroids
Lambda-cyhalothrin
Chlorpyrifos
Acephate
Others
By
Type of Product
Generic
Patented
By
Type of Generic Products
Herbicides
Insecticides
Fungicide
Seed Treatment
Miticides
Others
By
Type of Patented Products
Herbicides
Insecticides
Fungicide
Seed Treatment
Miticides
Others
By
Form of Pesticide
Liquid
Granules
Powder
By
Type of Market
Organized
Unorganized
By
Types of Crops
Cereal Crops
Fruit Crops
Vegetable Crops
Others
By
Type of Cereal Crops
Soybean
Sugarcane
Corn
Cotton
Others
By
Type of Fruit Crops
Coffee
Citrus
Apples
Grapes
Others
By
Type of Vegetable Crops
Potato
Tomato
Onion
Garlic
Others
By
Region
Mato Grosso
Parana
Sao Paulo
Rio Grande do Sul
Others
Key
Target Audience
Venture Capitalist Firms
Agrochemical Manufacturers
Raw Material Suppliers
Research & Development Institutes
Government Bodies & Regulating
Authorities
Time
Period Captured in the Report:
Historical
Period: 2013-2019P
Forecast
Period: 2019P-2025F
Companies
Covered:
Syngenta
Bayer Ag
Corteva
BASF
FMC
UPL
Nufarm
Ihara Brazil
Key Topics Covered in the
Report
Brazil Agrochemical Market Overview and
Genesis (Overview and Genesis including Market Stage, Market Nature and Growth
Drivers, Business Cycle Graph)
Brazil Agrochemical Market Value Chain
Analysis
Overview of Brazil Agricultural Scenario
(Agricultural Overview, Contribution to GDP, Planted Area And Production,
Mechanization Rate, Major Crops, Climate, Challenges and Sources of Credit)
Introduction to Brazil Agrochemical
Market (Revenue from Formulants, Revenue from Sale of Technical Products and
Sale of Active Ingredients in Thousand Tonnes)
Brazil Agrochemical Market Segmentation
Snapshot of Bio pesticides in Brazil Agrochemicals
Market
Trade Scenario in Brazil Agrochemicals
Market (By Value, By Volume and By Countries)
Decision Making Process Used by Farmers
before Purchasing Agrochemical Products
Trends and Developments in Brazil
Agrochemicals Market
Issues and Challenges in Brazil
Agrochemicals Market
Brazil Agrochemicals Market Regulations
SWOT Analysis Brazil Agrochemicals Market
Brazil Agrochemicals Market Competition
Scenario (Competition Scenario, Strength and Weakness, Market Share,
Competition Scenario of Major Players)
Brazil Agrochemicals Market Future
Projection, 2019P-2025F
Future Outlook of Brazil Agrochemicals
Market Segmentations, 2019P-2025F
Analyst Recommendations
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