LATIN AMERICA BIOSTIMULANTS MARKET 2019-2027

Agriculture | Agrochemicals & Pesticides

LATIN AMERICA BIOSTIMULANTS MARKET 2019-2027

Market By Type, Crop Type, Application And Geography | Forecast 2019-2027

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According to Triton, the biostimulants market in Latin America is expected to proliferate with a CAGR of 12.72% in terms of revenue and a CAGR of 11.27% in terms of volume in the forecast period of 2019-2027.

The countries that have been considered in the report on Latin America’s biostimulants market are:

•           Brazil

•           Mexico

•           Rest of Latin America

Owing to the increasing concerns of farmers over land productivity and agrochemical toxicity, the applications of plant biostimulants gained traction in Brazil. As an export-oriented market, the applications of biostimulant products have increased with the adoption of sustainable farming practices and organic ingredients. The cost-efficient product offerings further augment the market expansion in the country. The natural plant biostimulants segment is expected to witness a faster CAGR, as compared to the biosynthetic segment, during the forecast period. In Argentina, the biostimulant products are applied as complementary to various pesticides and fertilizers, in order to maintain the quality & quantity of agricultural output, without affecting the environment. The amino acid and seaweed extract segments are likely to witness robust growth rates, given their popularity and safe application. The adoption of sustainable farming and organic practices has paved the way for the growth of countries such as Chile, Peru, Paraguay, Colombia, Bolivia, Uruguay, etc.

Valagro S.p.A., with the help of its subsidiaries, offers nutrition & wellbeing solutions for plants. It provides farm products, such as biostimulants, foliar fertilizers, micronutrients, fertigation and other products; professional solutions for the maintenance of lawns and ornamental plants; and a range of industrial products from amino acids to chelated trace elements and from adjuvant to seaweed extracts. It also provides gardening products, such as ONE - that accelerates the plants’ growth in a natural way for healthy & lush plants and flowers; MAX, which ensures the health and well-being of plants; Maxicrop, a natural fertilizer; and Actiwin Prato for professional turf fertilization. Valagro S.p.A. was formerly known as Farmer SNC and changed its name to Valagro S.p.A. in January 1993. The company was founded in 1980 and is based in Atessa, Italy with subsidiaries in Spain, Greece, Mexico, Columbia, Brazil, the United States, Norway, the United Kingdom, New Zealand, Turkey and France.


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Table of Content

1.    LATIN AMERICA BIOSTIMULANTS MARKET - SUMMARY

2.    INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. KEY INSIGHTS

2.2.1.   RESEARCH & DEVELOPMENT - KEY FOR MARKET GROWTH

2.2.2.   BIOSTIMULANTS HELP IN HIGHER YIELDS AND PRODUCTIVITY

2.3. PORTER’S FIVE FORCE ANALYSIS

2.3.1.   THREAT OF NEW ENTRANTS

2.3.2.   THREAT OF SUBSTITUTE

2.3.3.   BARGAINING POWER OF SUPPLIERS

2.3.4.   BARGAINING POWER OF BUYERS

2.3.5.   THREAT OF COMPETITIVE RIVALRY

2.4. MARKET ATTRACTIVENESS INDEX

2.5. VENDOR SCORECARD

2.6. REGULATORY FRAMEWORK

2.7. MARKET DRIVERS

2.7.1.   RISING SUSTAINABLE FARMING HELPS INCREASE ADOPTION OF THE MARKET

2.7.2.   GROWING DEMAND FOR ORGANIC FOOD

2.8. MARKET RESTRAINTS

2.8.1.   LACK OF AWARENESS

2.9. MARKET OPPORTUNITIES

2.9.1.   ENCOURAGEMENT FROM EUROPEAN GOVERNMENTS

2.9.2.   NEED FOR BIO-BASED AGROCHEMICALS

2.10. MARKET CHALLENGES

2.10.1.                LACK OF STANDARDIZATION

3.    LATIN AMERICA BIOSTIMULANTS MARKET OUTLOOK - BY TYPE (IN TERMS OF VALUE: $ MILLION & IN TERMS OF VOLUME: THOUSAND HECTARES)

3.1. ACID-BASED

3.1.1.   HUMIC ACID

3.1.2.   FULVIC ACID

3.1.3.   AMINO ACID

3.2. EXTRACT-BASED

3.2.1.   SEAWEED EXTRACTS

3.2.2.   OTHER PLANT EXTRACTS

3.3. OTHERS

3.3.1.   B-VITAMINS

3.3.2.   CHITIN & CHITOSAN

3.3.3.   MICROBIAL SOIL AMENDMENTS

4.    LATIN AMERICA BIOSTIMULANTS MARKET OUTLOOK - BY CROP TYPE (IN TERMS OF VALUE: $ MILLION & IN TERMS OF VOLUME: THOUSAND HECTARES)

4.1. ROW CROPS & CEREALS

4.2. FRUITS & VEGETABLES

4.3. TURFS & ORNAMENTS

4.4. OTHER CROPS

5.    LATIN AMERICA BIOSTIMULANTS MARKET OUTLOOK - BY APPLICATION (IN TERMS OF VALUE: $ MILLION & IN TERMS OF VOLUME: THOUSAND HECTARES)

5.1. FOLIAR

5.2. SOIL

5.3. SEED

6.    LATIN AMERICA BIOSTIMULANTS MARKET - REGIONAL OUTLOOK (IN TERMS OF VALUE: $ MILLION & IN TERMS OF VOLUME: THOUSAND HECTARES)

6.1. BRAZIL

6.2. MEXICO

6.3. REST OF LATIN AMERICA

7.    COMPETITIVE LANDSCAPE

7.1. EASTMAN CHEMICAL COMPANY

7.2. ARYSTA LIFESCIENCE CORPORATION (ACQUIRED BY UPL)

7.3. ISAGRO S.P.A.

7.4. LALLEMAND PLANT CARE

7.5. AGRINOS A.S.

7.6. BRANDT CONSOLIDATED, INC.

7.7. ITALPOLLINA S.P.A.

7.8. KOPPERT B.V.

7.9. MICROMIX PLANT HEALTH LTD.

7.10. OMEX AGRIFLUIDS LTD.

7.11. TRADECORP INTERNATIONAL

7.12. VALAGRO S.P.A.

7.13. AGROENZYMAS GROUP

7.14. VERDESIAN LIFE SCIENCES

7.15. MICROBIAL DISCOVERY GROUP

8.    RESEARCH METHODOLOGY & SCOPE

8.1. RESEARCH SCOPE & DELIVERABLES

8.2. SOURCES OF DATA

8.3. RESEARCH METHODOLOGY

List of table

TABLE 1: LATIN AMERICA BIOSTIMULANTS MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 2: LATIN AMERICA BIOSTIMULANTS MARKET, BY COUNTRY, 2019-2027 (IN THOUSAND HECTARES)

TABLE 3: VENDOR SCORECARD

TABLE 4: REGULATORY FRAMEWORK

TABLE 5: LATIN AMERICA BIOSTIMULANTS MARKET, BY TYPE, 2019-2027 (IN $ MILLION)

TABLE 6: LATIN AMERICA BIOSTIMULANTS MARKET, BY TYPE, 2019-2027 (IN THOUSAND HECTARES)

TABLE 7: LATIN AMERICA BIOSTIMULANTS MARKET, BY ACID-BASED, 2019-2027 (IN $ MILLION)

TABLE 8: LATIN AMERICA BIOSTIMULANTS MARKET, BY ACID-BASED, 2019-2027 (IN THOUSAND HECTARES)

TABLE 9: LATIN AMERICA BIOSTIMULANTS MARKET, BY EXTRACT-BASED, 2019-2027 (IN $ MILLION)

TABLE 10: LATIN AMERICA BIOSTIMULANTS MARKET, BY EXTRACT-BASED, 2019-2027 (IN THOUSAND HECTARES)

TABLE 11: LATIN AMERICA BIOSTIMULANTS MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)

TABLE 12: LATIN AMERICA BIOSTIMULANTS MARKET, BY OTHERS, 2019-2027 (IN THOUSAND HECTARES)

TABLE 13: LATIN AMERICA BIOSTIMULANTS MARKET, BY CROP TYPE, 2019-2027 (IN $ MILLION)

TABLE 14: LATIN AMERICA BIOSTIMULANTS MARKET, BY CROP TYPE, 2019-2027 (IN THOUSAND HECTARES)

TABLE 15: LATIN AMERICA BIOSTIMULANTS MARKET, BY APPLICATIONS, 2019-2027 (IN $ MILLION)

TABLE 16: LATIN AMERICA BIOSTIMULANTS MARKET, BY APPLICATIONS, 2019-2027 (IN THOUSAND HECTARES)

TABLE 17: LATIN AMERICA BIOSTIMULANTS MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 18: LATIN AMERICA BIOSTIMULANTS MARKET, BY COUNTRY, 2019-2027 (IN THOUSAND HECTARES)

List of Figures

FIGURE 1: PORTER’S FIVE FORCE ANALYSIS

FIGURE 2: MARKET ATTRACTIVENESS INDEX

FIGURE 3: LATIN AMERICA BIOSTIMULANTS MARKET, BY ACID-BASED, 2019-2027 (IN $ MILLION)

FIGURE 4: LATIN AMERICA BIOSTIMULANTS MARKET, BY HUMIC ACID, 2019-2027 (IN $ MILLION)

FIGURE 5: LATIN AMERICA BIOSTIMULANTS MARKET, BY FULVIC ACID, 2019-2027 (IN $ MILLION)

FIGURE 6: LATIN AMERICA BIOSTIMULANTS MARKET, BY AMINO ACID, 2019-2027 (IN $ MILLION)

FIGURE 7: LATIN AMERICA BIOSTIMULANTS MARKET, BY EXTRACT-BASED, 2019-2027 (IN $ MILLION)

FIGURE 8: LATIN AMERICA BIOSTIMULANTS MARKET, BY SEAWEED EXTRACTS, 2019-2027 (IN $ MILLION)

FIGURE 9: LATIN AMERICA BIOSTIMULANTS MARKET, BY OTHER PLANT EXTRACTS, 2019-2027 (IN $ MILLION)

FIGURE 10: LATIN AMERICA BIOSTIMULANTS MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)

FIGURE 11: LATIN AMERICA BIOSTIMULANTS MARKET, BY B-VITAMINS, 2019-2027 (IN $ MILLION)

FIGURE 12: LATIN AMERICA BIOSTIMULANTS MARKET, BY CHITIN & CHITOSAN, 2019-2027 (IN $ MILLION)

FIGURE 13: LATIN AMERICA BIOSTIMULANTS MARKET, BY MICROBIAL SOIL AMENDMENTS, 2019-2027 (IN $ MILLION)

FIGURE 14: LATIN AMERICA BIOSTIMULANTS MARKET, BY ROW CROPS & CEREALS, 2019-2027 (IN $ MILLION)

FIGURE 15: LATIN AMERICA BIOSTIMULANTS MARKET, BY FRUITS & VEGETABLES, 2019-2027 (IN $ MILLION)

FIGURE 16: LATIN AMERICA BIOSTIMULANTS MARKET, BY TURFS & ORNAMENTS, 2019-2027 (IN $ MILLION)

FIGURE 17: LATIN AMERICA BIOSTIMULANTS MARKET, BY OTHER CROPS, 2019-2027 (IN $ MILLION)

FIGURE 18: LATIN AMERICA BIOSTIMULANTS MARKET, BY FOLIAR, 2019-2027 (IN $ MILLION)

FIGURE 19: LATIN AMERICA BIOSTIMULANTS MARKET, BY SOIL, 2019-2027 (IN $ MILLION)

FIGURE 20: LATIN AMERICA BIOSTIMULANTS MARKET, BY SEED, 2019-2027 (IN $ MILLION)

FIGURE 21: LATIN AMERICA BIOSTIMULANTS MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)

FIGURE 22: BRAZIL BIOSTIMULANTS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 23: MEXICO BIOSTIMULANTS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 24: REST OF LATIN AMERICA BIOSTIMULANTS MARKET, 2019-2027 (IN $ MILLION)

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