Latin America Agriculture Biologicals Market by Type (Biopesticides, Biofertilizers and Biostimulants), Application, Geography - Analysis and Forecast to 2019

The Latin American Agricultural Biologicals market is estimated to grow at a CAGR of 15.8% from 2014 to 2019.

The increased food demand has led to extensive chemical use in agricultural practices, which ensure a rich and qualitative yield. However, along with increased yield, the immense impact of the use of chemicals has become apparent.

Due to chemical hazards, consumers as well as governmental bodies are largely emphasizing on chemical-free agricultural pesticides and fertilizers. In this report, the Latin American Agricultural Biologicals market has been broadly discussed by its application, such as cereals & grains, fruits & vegetables, oilseeds & pulses, and Rest (Crops).

Read full report: https://www.globalmarketreports.com/latin-america-agriculture-biologicals-market-by-type-biopesticides-biofertilizers-and-biostimulants-application-geography-analysis-and-forecast-to-2019 -23996

Cereals and grains are a major application market in Latin America. The market has been further segmented by types of biologicals, namely, biopesticides, biostimulants, and biofertilizers. Among types, biopesticides held a major share in the Latin American Agricultural Biologicals market.

Brazil is the largest market in Latin America with a market share of 72.

47% followed by Argentina. The complex registration systems all over Latin America have curtailed the development of Agricultural biologicals in the region. In Brazil, it currently takes four to five years on an average to register a product, which amounts to a huge expense for developers.

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