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Brazil Crop Protection Chemicals Market Size

The Brazil Crop Protection Chemicals Market is projected to experience growth over the forecast period, driven by the increasing challenges posed by insect pests, diseases, and weeds in the agricultural sector. Farmers in Brazil primarily rely on pesticides to combat these threats, with herbicides holding a significant portion of the market. The demand for crop protection chemicals, particularly in pulses and oilseeds, underscores the need to enhance crop yields, which is expected to propel the market's expansion.

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Market Size of brazil crop protection chemicals Industry

Brazil Crop Protection Chemicals Market Summary
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svg icon Study Period 2017 - 2029
svg icon Market Size (2024) USD 19.2 Billion
svg icon Market Size (2029) USD 24.2 Billion
svg icon Largest Share by Function Herbicide
svg icon CAGR (2024 - 2029) 4.73 %
svg icon Fastest Growing by Function Molluscicide
svg icon Market Concentration Medium

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

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Brazil Crop Protection Chemicals Market Analysis

The Brazil Crop Protection Chemicals Market size is estimated at 19.2 billion USD in 2024, and is expected to reach 24.2 billion USD by 2029, growing at a CAGR of 4.73% during the forecast period (2024-2029).

19.2 Billion

Market Size in 2024 (USD)

24.2 Billion

Market Size in 2029 (USD)

7.28 %

CAGR (2017-2023)

4.73 %

CAGR (2024-2029)

Largest Segment By Function

40.82 %

value share, Herbicide, 2023

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The market for herbicides in Brazil witnessed a positive trend between 2017-2022, due to the increasing weed infestations and subsequent yield losses in the country.

Fastest-growing Segment by Function

8.52 %

Projected CAGR, Molluscicide, 2024-2029

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The giant African snail and golden apple snail are invasive species with voracious appetites and the ability to reproduce rapidly, posing a serious threat to various crops, tends to increased market share.

Largest Segment by Crop Type

49.62 %

value share, Pulses & Oilseeds, 2023

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Soybean, a pulse and oilseed crop, comprised more than a third of the sector's production value in Brazil in 2021. It is prone to Asian soybean rust and southern armyworm.

Leading Market Player

11.59 %

market share, Syngenta Group, 2022

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The company invests more than USD 1.3 billion per year in global R&D to develop advanced, innovative technologies and products to address farmers' crop protection challenges.

Second Leading Market Player

11.51 %

market share, Bayer AG, 2022

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Bayer AG has important production units of agribusiness in Brazil located in the Baixada Fluminense region of Rio de Janeiro, the company's first production plant in Brazil.

Insecticides occupy the largest share of the Brazilian crop protection chemicals market

  • Insect pests, diseases, and weeds are emerging as significant problems in Brazil's agriculture sector. To counter these threats effectively, farmers predominantly depend on pesticides as the primary defense against these pests. Herbicides held the largest share of 40.6% of the Brazilian crop protection chemicals market in 2022.
  • The market for herbicides in Brazil witnessed a positive trend during the historical period (2017-2022), which rose to USD 7.18 billion in 2022. The prevalence of resistant weeds in certain areas, coupled with estimated production losses of 10-20% due to crop-weed competition, results in annual losses exceeding USD 1.0 billion for each crop
  • Pulses & oilseeds dominate the consumption of crop protection chemicals in Brazil, with a share of 49.5% in 2022. Soybean cultivation in Brazil faces numerous pest challenges, with lepidopterans and stink bugs being the primary pests requiring special attention. Particularly, the southern armyworm is known to inflict a significant 17.0% yield loss on soybean production.
  • Soybean production in the Southern Amazon region is at risk from the Phakopsora pachyrhizi fungus, recognized as Asian soybean rust. This pathogen induces staggering yield reductions, with estimates reaching as high as 90%. Since its initial outbreak in 2000, it has consistently led to annual yield diminutions ranging between 360,000 and 4.6 million ton. Additionally, the nematode's impact on soybean cultivars varies based on the region and genetic background, resulting in yield losses as high as 30%.
  • The need to increase crop yields in Brazil is anticipated to drive the market for pesticides during 2023-2029 at a CAGR of 4.7%, in terms of value.
Brazil Crop Protection Chemicals Market

Brazil Crop Protection Chemicals Industry Segmentation

Fungicide, Herbicide, Insecticide, Molluscicide, Nematicide are covered as segments by Function. Chemigation, Foliar, Fumigation, Seed Treatment, Soil Treatment are covered as segments by Application Mode. Commercial Crops, Fruits & Vegetables, Grains & Cereals, Pulses & Oilseeds, Turf & Ornamental are covered as segments by Crop Type.

  • Insect pests, diseases, and weeds are emerging as significant problems in Brazil's agriculture sector. To counter these threats effectively, farmers predominantly depend on pesticides as the primary defense against these pests. Herbicides held the largest share of 40.6% of the Brazilian crop protection chemicals market in 2022.
  • The market for herbicides in Brazil witnessed a positive trend during the historical period (2017-2022), which rose to USD 7.18 billion in 2022. The prevalence of resistant weeds in certain areas, coupled with estimated production losses of 10-20% due to crop-weed competition, results in annual losses exceeding USD 1.0 billion for each crop
  • Pulses & oilseeds dominate the consumption of crop protection chemicals in Brazil, with a share of 49.5% in 2022. Soybean cultivation in Brazil faces numerous pest challenges, with lepidopterans and stink bugs being the primary pests requiring special attention. Particularly, the southern armyworm is known to inflict a significant 17.0% yield loss on soybean production.
  • Soybean production in the Southern Amazon region is at risk from the Phakopsora pachyrhizi fungus, recognized as Asian soybean rust. This pathogen induces staggering yield reductions, with estimates reaching as high as 90%. Since its initial outbreak in 2000, it has consistently led to annual yield diminutions ranging between 360,000 and 4.6 million ton. Additionally, the nematode's impact on soybean cultivars varies based on the region and genetic background, resulting in yield losses as high as 30%.
  • The need to increase crop yields in Brazil is anticipated to drive the market for pesticides during 2023-2029 at a CAGR of 4.7%, in terms of value.
Function
Fungicide
Herbicide
Insecticide
Molluscicide
Nematicide
Application Mode
Chemigation
Foliar
Fumigation
Seed Treatment
Soil Treatment
Crop Type
Commercial Crops
Fruits & Vegetables
Grains & Cereals
Pulses & Oilseeds
Turf & Ornamental
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Brazil Crop Protection Chemicals Market Size Summary

The Brazil Crop Protection Chemicals Market is experiencing a robust expansion, driven by the increasing need to combat insect pests, diseases, and weeds that pose significant challenges to the agricultural sector. Farmers in Brazil predominantly rely on pesticides, with herbicides holding a substantial portion of the market share. The demand for crop protection chemicals is further fueled by the prevalence of resistant weeds and the substantial production losses attributed to crop-weed competition. Pulses and oilseeds, particularly soybean cultivation, dominate the consumption of these chemicals, as they face numerous pest challenges, including lepidopterans and stink bugs. The impact of pathogens like the Phakopsora pachyrhizi fungus and nematodes also contributes to the pressing need for effective crop protection solutions to mitigate yield losses.

The market is characterized by a significant reliance on imported agrochemical products, with the European Union being a major supplier. This dependency on imports subjects the market to fluctuations influenced by currency exchange rates and import tariffs. The prices of key active ingredients such as cypermethrin, atrazine, glyphosate, malathion, and mancozeb are witnessing upward trends due to rising demand and increased production costs. The market is moderately consolidated, with major players like BASF SE, Bayer AG, Corteva Agriscience, FMC Corporation, and Syngenta Group holding significant shares. Recent developments, such as new partnerships and facility openings, indicate ongoing efforts to innovate and enhance crop protection solutions in Brazil, addressing both current challenges and future market demands.

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Brazil Crop Protection Chemicals Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)

    1. 1.1 Function

      1. 1.1.1 Fungicide

      2. 1.1.2 Herbicide

      3. 1.1.3 Insecticide

      4. 1.1.4 Molluscicide

      5. 1.1.5 Nematicide

    2. 1.2 Application Mode

      1. 1.2.1 Chemigation

      2. 1.2.2 Foliar

      3. 1.2.3 Fumigation

      4. 1.2.4 Seed Treatment

      5. 1.2.5 Soil Treatment

    3. 1.3 Crop Type

      1. 1.3.1 Commercial Crops

      2. 1.3.2 Fruits & Vegetables

      3. 1.3.3 Grains & Cereals

      4. 1.3.4 Pulses & Oilseeds

      5. 1.3.5 Turf & Ornamental

Brazil Crop Protection Chemicals Market Size FAQs

The Brazil Crop Protection Chemicals Market size is expected to reach USD 19.20 billion in 2024 and grow at a CAGR of 4.73% to reach USD 24.20 billion by 2029.

In 2024, the Brazil Crop Protection Chemicals Market size is expected to reach USD 19.20 billion.

Brazil Crop Protection Market Report Snapshots

Brazil Crop Protection Chemicals Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029