North American Crop Protection Chemicals Market & Latin American Crop Protection Chemicals Market Overview
The crop protection chemicals market refers to the market for chemicals used to protect crops from pests, diseases, and weeds. These chemicals include insecticides, herbicides, fungicides, and other types of pesticides. The market for crop protection chemicals has grown in recent years due to the increasing demand for food worldwide and the need to improve crop yields. The market is expected to continue growing in the coming years, driven by factors such as population growth, urbanization, and the increasing adoption of advanced technologies in agriculture. The North American Crop Protection Chemicals Market & Latin American Crop Protection Chemicals Market report includes Industry Trends, Share, Size, Growth, Opportunity, competitor and regional analysis with expert review. The major purpose of this North American Crop Protection Chemicals Market & Latin American Crop Protection Chemicals Market report is to provide an in-depth view and strategic analysis of the parent industry.
North American Crop Protection Chemicals Market & Latin American Crop Protection Chemicals Market Segmentation
The North American crop protection chemicals market and the Latin American crop protection chemicals market are two distinct markets within the larger agricultural industry. Both markets involve the production and sale of chemicals and other products designed to protect crops from pests, diseases, and other threats.
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In North America, the crop protection chemicals market is highly consolidated, with a few large companies dominating the market. These companies produce a wide range of products, including insecticides, herbicides, fungicides, and other chemicals. The market is driven by the need to increase crop yields and protect against pests and diseases, as well as by government regulations and consumer demand for safe and sustainable agricultural practices.
In Latin America, the crop protection chemicals market is somewhat less consolidated and is characterized by a mix of large multinational companies and local players. The market is driven by factors such as the region’s growing population, increasing demand for food, and the need for more efficient and sustainable agricultural practices. The Latin American market is also influenced by factors such as climate change and the availability of arable land.
Overall, both the North American and Latin American crop protection chemicals markets are important for the global agricultural industry, and are likely to continue to grow in the coming years.
Glyphosate: One of the most popular herbicides
Glyphosate is one of the most popular herbicides in North America and accounts for over 30% of the total herbicides market. Key herbicide suppliers in North and Latin America include Dow AgroSciences (U.S.), Bayer Corporation (Germany) and Monsanto Company (U.S.). The market is dominated by herbicides, which accounted for around 42 % of the overall crop protection chemicals market.
Grains & cereals: Major application driving market
The market for crop protection chemicals is dominated by grains and cereals which accounted for 30% of the overall market in 2011. Grains and cereals such as wheat, rice, corn and so on are not only extensively used as food sources, but find significant demand in feed production, alcohol and beer production, and as feedstock to produce bio-based chemicals and bio-fuels. Corn is the most critical component of this segment and the demand for crop protection chemicals
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Latin America: Market place for crop protection chemicals
Although, Asia-Pacific is one of the most critical regions for agriculture, Latin American countries such as Brazil and Argentina are expected to emerge as food-exporting powerhouses in the near future, owing to large availability of fertile land and suitable climatic conditions. In recent years, agricultural heartlands of Brazil (the Cerrados) and Argentina (the Pampas) have been experiencing a growing number of highly skilled progressive and operating farmers. Expansion of the farmland has also proved to be one of the major driving factors of South Americas agriculture.
North American Crop Protection Chemicals Market & Latin American Crop Protection Chemicals Market Key Players
- Bayer CropScience (Germany)
- BASF (Germany), Monsanto (U.S.)
- Dow Agrosciences (U.S.)
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