The Brazil Agricultural Biologicals Market size is estimated at USD 0.76 billion in 2024, and is expected to reach USD 1.24 billion by 2029, growing at a CAGR of 10.29% during the forecast period (2024-2029).
Key Highlights
- Crop Nutrition is the Largest Function : The crop nutrition segment dominated Brazil's agricultural biologicals market in 2022. Organic fertilizers are the most consumed with a share of 53.4% in the country in 2022.
- Seaweed Extracts is the Largest Form : The dominance of the seaweed extracts is mainly due to their ability to provide phytohormones and to promote plant resistance against diseases, pests, and abiotic stresses
- Biostimulants is the Largest Type : Seaweed extracts and humic acid are the most commonly used biostimulants in Brazil. Seaweed extracts dominated the market which is valued at USD 26.8 million in the year 2022.
- Row Crops is the Largest Crop Type : The major row crops grown in Brazil include soybean, corn, rice, oats, and wheat. The biocontrol agents market for row crops held a market share of 4.5% by value in 2022.
Brazil Agricultural Biologicals Market Trends
Crop Nutrition is the largest Function
- The crop nutrition segment accounted for 58.2% of the Brazilian agricultural biologicals market in 2022. Organic fertilizers are the most consumed biological inputs in the country.
- Biostimulants accounted for 68.6% of the total crop nutrition segment in 2022, valued at USD 246.9 million. Seaweed extracts dominated the market, valued at USD 143.2 million in 2022. The market value of seaweed extracts is anticipated to reach USD 307.1 million by the end of the forecast period.
- Crop protection accounted for 41.8% of the Brazilian agricultural biologicals market in 2022. The market share of crop protection products is anticipated to increase by 71.2% and reach USD 489.2 million by the end of the forecast period. Biopesticides dominated the crop protection segment, accounting for 60.9% in 2022.
- Bioherbicides are the most consumed biopesticides in Brazil, accounting for 38.15% in 2022, followed by biofungicides, other biopesticides, and bioinsecticides, with a market share of 25.6%, 18.42%, and 17.8%, respectively.
- Karen Friederich of the Brazilian Association of Collective Health stated that agrochemicals contaminate approximately 70% of the food consumed by Brazilians. Therefore, the growing awareness about healthy food products with minimal environmental impacts is anticipated to drive the use of biologicals in organic farming across the country during the forecast period.
Brazil Agricultural Biologicals Industry Overview
The Brazil Agricultural Biologicals Market is fragmented, with the top five companies occupying 7.90%. The major players in this market are FMC Corporation, Novozymes, Rizobacter, Trade Corporation International and Vittia Group (sorted alphabetically).Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
Table of Contents
1 EXECUTIVE SUMMARY & KEY FINDINGS2 REPORT OFFERS7 KEY STRATEGIC QUESTIONS FOR AGRICULTURAL BIOLOGICALS CEOS
3 INTRODUCTION
4 KEY INDUSTRY TRENDS
5 MARKET SEGMENTATION
6 COMPETITIVE LANDSCAPE
8 APPENDIX
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Andermatt Group AG
- Corteva Agriscience
- FMC Corporation
- Haifa Group
- Novozymes
- Rizobacter
- Trade Corporation International
- Valagro
- Vittia Group
Methodology
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