Brazil Agrochemicals Market - By Type and Application - Market Shares, Forecasts and Trends 2017 - 2022

  • ID: 4385190
  • Report
  • Region: Brazil
  • 84 pages
  • Mordor Intelligence
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South America is one of the world’s fastest-growing agrochemicals market given its strengthening agribusiness sector and improving economy. Being one of the important importers and consumers of agrochemicals, South America holds significance in the world trade. The Brazilian agrochemicals market is estimated to grow at a CAGR of 6.0% during 2015-2020.

Brazil Agrochemicals Market Dynamics

Agricultural sector growth with increasing demand for food productivity and land management make it essential for the farming community to use more agrochemicals. Mechanized farming is also making usage of agrochemicals popular. The high cost of agrochemicals and low farmer awareness are the major constraints for the segment’s growth in the country. Economic growth of the country would help the industry positively in the future.

Brazil Agrochemicals Market Segmentation

In product segment, nitrogenous fertilizers form the largest share of fertilizer market. Pesticides market is currently lead by herbicides products (covering 41.560%) followed by fungicides and insecticides. Further, the market is discussed as per application in various crop and non-crop-based plants. Increased production of cereals, soya bean and sugarcane in Latin America is driving the growth in agrochemicals consumption in the region.

Brazil is the largest agrochemicals consuming country in the South American region consuming around 40-50% of total agrochemicals. It is emerging as an agricultural superpower due to increased use of mechanized agriculture. Investing in mechanization has resulted in extremely large-scale farming operations. Argentina is an emerging market and is showing high growth rate for the industry as the economy is recovering.

Key Players in the Brazilian Agrochemicals Market

Given the large operational area and never ending need of the agrochemical industry, many market players and companies have entered the industry. Bayer Crop Science is a key player in Brazil covering the majority of market share. Yara Internationals (Norway) holds the largest share in the fertilizer market. The leading seven companies comprise Syngenta, Bayer, BASF, FMC, DuPont, Dow and Monsanto covering the majority of shares in the region. With liberalization, the agrochemical market is more open and more numbers of Chinese agrochemical manufacturers are partnering with the local players for lucrative business and more profit.
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1.1 Research Methodology
1.2 Definition of the Market
1.3 Assumptions
3.1 Introduction
4.1 Drivers
4.1.1 Agriculture sector growth
4.1.2 Growing Demand for food safety & Quality
4.1.3 Need for increased land productivity
4.2 Constraints
4.2.1 High cost of agrochemicals
4.2.2 Low farmer awareness
4.3 Opportunities
4.3.1 Economic growth
4.3.2 Integrated Farming Practices
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5.1 By Type
5.1.1 Fertilizers Market
5.1.2 Pesticides Market
5.1.3 Adjuvants Market
5.1.4 Plant Growth Regulators Market
5.2 By Application
5.2.1 Crop-based Grains & Cereals Oil seeds Fruits & Vegetables
5.2.2 Non-Crop based Turf & Ornamental Grass Others
6. Competitive Landscape
6.1 Mergers & Acquisitions
6.2 Joint Ventures
6.3 New Product Launches
6.4 Most active companies in the past five years
6.5 Market Share Analysis
7. Company Profiles
7.1 Bayer Crop Science
7.2 BASF
7.3 Agrium
7.4 CF Industries Holdings
7.5 Potash Corporation of Saskatchewan
7.6 The Mosaic Company
7.7 Yara International
7.8 Bunge (BG)
7.9 Archer-Daniels-Midland (ADM)
7.10 Cargill
7.11 Terra Nitrogen Company
7.12 Monsanto Company
7.13 Mosaic Company
7.14 Potash Corporation of Saskatchewan
7.15 E.I. Du Pont De Nemours & Company
7.16 Makhteshim Agan Industries Ltd.
7.17 Nufarm Ltd.
7.18 FMC
7.19 Dow Agrosciences Llc.
7.20 Israel Chemicals Ltd.
7.21 Syngenta AG.
7.22 K+S AG
7.23 Uralkali
7.24 IsAgro Spa
7.25 Marrone Bio Innovations Inc
8. Appendix
9. Disclaimer
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