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South & Central America Miticides Market Forecast to 2028 -Regional Analysis - by Source (Bio-Based and Synthetic), Form (Dry and Liquid), and Crop Type (Fruits and Vegetables, Cereals and Grains, Oilseeds and Pulses, and Others)
Market Report I 2023-08-17 I 114 Pages I The Insight Partners
The South & Central America miticides market is expected to grow from US$ 171.73 million in 2022 to US$ 231.59 million by 2028. It is estimated to grow at a CAGR of 5.1% from 2022 to 2028.
Increasing Use of Miticides for Crop Protection and Yield Improvement Drive South & Central America Miticides Market
Pesticides, which are used to control insects and weeds, are indispensable in agricultural practices. It has also led to a surge in the agricultural sector due to increasing food demand. With a rise in the population and a subsequent rise in the demand for food, agriculturists across the world are focusing on modifying farming practices to obtain high crop yields from smaller cultivation areas. Thus, crop protection and yield enhancement are the key focus areas of the agricultural sector, which signifies the continuous need for fertilizers and pesticides in farming.
Miticides help keep crops healthy and disease free by killing ticks and mites. Mites are invertebrate organisms that usually feed on plants and animals. They attack several crops such as canola, pulses, and legumes, causing distorted leaves and cracked stems. Miticides kill mites and prevent plants from various contagious diseases, and their function significantly aids in the growth of the South & Central America miticides market.
South & Central America Miticides Market Overview
Expanding agricultural facilities across South & Central America are contributing to the growth of the South & Central America miticides market in the region. The utilization of miticides in the agricultural process helps boost productivity, which propels the demand for miticides. Soybeans, corn, and sugarcane are the top three crops grown in South & Central America, and their production has increased significantly over the last two decades. As farmers in countries such as Brazil continue to increase planted areas and strive for higher yields is expected to rise in the coming years. This factor will drive the South & Central America miticides market growth in the region during the forecast period. The area harvested under major food crops in South & Central America has been steadily increasing, owing to rising population and corresponding increases in demand for food grains. According to the Food and Agriculture Organization of the United Nations, in Argentina, cereal crop area increased from 11.7 million hectares in 2015 to 15.1 million hectares in 2020. Therefore, a rise in land area under agriculture across South & Central America propels the usage of pesticides and fertilizers.
South & Central America Miticides Market Revenue and Forecast to 2028 (US$ Million)
South & Central America Miticides Market Segmentation
The South & Central America Miticides market is segmented into source, form, crop type, and country.
Based on source, the South & Central America miticides market is bifurcated into bio-based and synthetic. In 2022, the synthetic segment registered a larger share in the South & Central America miticides market.
Based on form, the South & Central America miticides market is segmented into dry and liquid. In 2022, the liquid segment registered a larger share in the South & Central America miticides market.
Based on crop type, the South & Central America miticides market is segmented into fruits and vegetables, cereals and grains, oilseeds and pulses, and others. In 2022, the fruits and vegetables segment registered a largest share in the South & Central America miticides market.
Based on country, the South & Central America miticides market is segmented into Brazil, Argentina, and the Rest of South & Central America. In 2022, Brazil segment registered a largest share in the South & Central America miticides market.
BASF SE; Bayer AG; Certis USA LLC; FMC Corp; Gowan Co; Kemin Industries Inc.; Nihon Nohyaku Co. Ltd.; Oro Agri International BV; Syngenta AG; and UPL Ltd are the leading companies operating in the South & Central America miticides market.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 South & Central America Miticides Market, by Source
1.3.2 South & Central America Miticides Market, by Form
1.3.3 South & Central America Miticides Market, by Crop Type
1.3.4 South & Central America Miticides Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. South & Central America Miticides Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Threat of New Entrants:
4.2.2 Threat of Substitutes:
4.2.3 Bargaining Power of Buyers:
4.2.4 Bargaining Power of Suppliers:
4.2.5 Competitive Rivalry:
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers:
4.3.2 Manufacturers:
4.3.3 Distributors or Suppliers:
4.3.4 End Use Industry:
4.4 Expert Opinions
5. South & Central America Miticides Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Use of Miticides for Crop Protection and Yield Improvement
5.1.2 Growing Demand for Fruits and Vegetables
5.2 Market Restraints
5.2.1 Regulations Focused on Harmful Effects of Miticides
5.3 Opportunities
5.3.1 Ongoing Developments in Crop Protection Practices
5.4 Future Trends
5.4.1 Bio-Based Miticides
5.5 Impact Analysis
6. Miticides Market - South & Central America Market Analysis
6.1 South & Central America Miticides Market -Volume and Forecast to 2028 (Tons)
6.2 South & Central America Miticides Market -Revenue and Forecast to 2028 (US$ Million)
7. South & Central America Miticides Market Analysis - By Source
7.1 Overview
7.2 South & Central America Miticides Market, By Source (2021 and 2028)
7.3 Bio-Based
7.3.1 Overview
7.3.2 Bio-Based: South & Central America Miticides Market - Volume and Forecast to 2028 (Tons)
7.3.3 Bio-Based: South & Central America Miticides Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Synthetic
7.4.1 Overview
7.4.2 Synthetic: South & Central America Miticides Market - Volume and Forecast to 2028 (Tons)
7.4.3 Synthetic: South & Central America Miticides Market - Revenue and Forecast to 2028 (US$ Million)
8. South & Central America Miticides Market Analysis - By Form
8.1 Overview
8.2 South & Central America Miticides Market, By Form (2021 and 2028)
8.3 Dry
8.3.1 Overview
8.3.2 Dry: South & Central America Miticides Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Liquid
8.4.1 Overview
8.4.2 Liquid: South & Central America Miticides Market - Revenue and Forecast to 2028 (US$ Million)
9. South & Central America Miticides Market Analysis - By Crop Type
9.1 Overview
9.2 South & Central America Miticides Market, By Crop Type (2021 and 2028)
9.3 Fruits and Vegetables
9.3.1 Overview
9.3.2 Fruits and Vegetables: South & Central America Miticides Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Cereals and Grains
9.4.1 Overview
9.4.2 Cereals and Grains: South & Central America Miticides Market - Revenue and Forecast to 2028 (US$ Million)
9.5 Oilseeds and Pulses
9.5.1 Overview
9.5.2 Oilseeds and Pulses: South & Central America Miticides Market - Revenue and Forecast to 2028 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: South & Central America Miticides Market - Revenue and Forecast to 2028 (US$ Million)
10. South & Central America Miticides Market - Country Analysis
10.1 Overview
10.1.1 South & Central America: Miticides Market, by Key Country
10.1.1.1 Brazil: Miticides Market -Volume and Forecast to 2028 (Tons)
10.1.1.2 Brazil: Miticides Market -Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Brazil: Miticides Market, by Source
10.1.1.2.2 Brazil: Miticides Market, by Source
10.1.1.2.3 Brazil: Miticides Market, by Form
10.1.1.2.4 Brazil: Miticides Market, by Crop Type
10.1.1.3 Argentina: Miticides Market -Volume and Forecast to 2028 (Tons)
10.1.1.4 Argentina: Miticides Market -Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 Argentina: Miticides Market, by Source
10.1.1.4.2 Argentina: Miticides Market, by Source
10.1.1.4.3 Argentina: Miticides Market, by Form
10.1.1.4.4 Argentina: Miticides Market, by Crop Type
10.1.1.5 Rest of South & Central America: Miticides Market -Volume and Forecast to 2028 (Tons)
10.1.1.6 Rest of South & Central America: Miticides Market -Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of South & Central America: Miticides Market, by Source
10.1.1.6.2 Rest of South & Central America: Miticides Market, by Source
10.1.1.6.3 Rest of South & Central America: Miticides Market, by Form
10.1.1.6.4 Rest of South & Central America: Miticides Market, by Crop Type
11. Company Profiles
11.1 Nihon Nohyaku Co. Ltd.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Kemin Industries Inc.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 BASF SE
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Bayer AG
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 FMC Corp
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Gowan Co
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Syngenta AG
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 UPL Ltd
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Oro Agri International BV
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Certis USA LLC
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
LIST OF TABLES
Table 1. South & Central America Miticides Market -Volume and Forecast to 2028 (Tons)
Table 2. South & Central America Miticides Market -Revenue and Forecast to 2028 (US$ Million)
Table 3. Brazil Miticides Market, by Source - Volume and Forecast to 2028 (Tons)
Table 4. Brazil Miticides Market, by Source - Revenue and Forecast to 2028 (US$ Million)
Table 5. Brazil Miticides Market, by Form - Revenue and Forecast to 2028 (US$ Million)
Table 6. Brazil Miticides Market, by Crop Type - Revenue and Forecast to 2028 (US$ Million)
Table 7. Argentina Miticides Market, by Source - Volume and Forecast to 2028 (Tons)
Table 8. Argentina Miticides Market, by Source - Revenue and Forecast to 2028 (US$ Million)
Table 9. Argentina Miticides Market, by Form - Volume and Forecast to 2028 (Tons)
Table 10. Argentina Miticides Market, by Crop Type - Revenue and Forecast to 2028 (US$ Million)
Table 11. Rest of South & Central America Miticides Market, by Source - Volume and Forecast to 2028 (Tons)
Table 12. Rest of South & Central America Miticides Market, by Source - Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of South & Central America Miticides Market, by Form - Revenue and Forecast to 2028 (US$ Million)
Table 14. Rest of South & Central America Miticides Market, by Crop Type - Revenue and Forecast to 2028 (US$ Million)
Table 15. Glossary of Terms, South & Central America Miticides Market
LIST OF FIGURES
Figure 1. South & Central America Miticides Market Segmentation
Figure 2. South & Central America Miticides Market Segmentation: By Country
Figure 3. South & Central America Miticides Market Overview
Figure 4. South & Central America Miticides Market, By Source
Figure 5. South & Central America Miticides Market, by Country
Figure 6. Porter's Five Forces Analysis
Figure 7. Ecosystem: South & Central America Miticides Market
Figure 8. Expert Opinions
Figure 9. South & Central America Miticides Market Impact Analysis of Drivers and Restraints
Figure 10. South & Central America Miticides Market - Volume and Forecast to 2028 (Tons)
Figure 11. South & Central America Miticides Market - Revenue and Forecast to 2028 (US$ Million)
Figure 12. South & Central America Miticides Market Revenue Share, By Source (2021 and 2028)
Figure 13. Bio-Based: South & Central America Miticides Market - Volume and Forecast To 2028 (Tons)
Figure 14. Bio-Based: South & Central America Miticides Market - Revenue and Forecast To 2028 (US$ Million)
Figure 15. Synthetic: South & Central America Miticides Market - Volume and Forecast To 2028 (Tons)
Figure 16. Synthetic: South & Central America Miticides Market - Revenue and Forecast To 2028 (US$ Million)
Figure 17. South & Central America Miticides Market Revenue Share, By Form (2021 and 2028)
Figure 18. Dry: South & Central America Miticides Market - Revenue and Forecast To 2028 (US$ Million)
Figure 19. Liquid: South & Central America Miticides Market - Revenue and Forecast To 2028 (US$ Million)
Figure 20. South & Central America Miticides Market Revenue Share, By Crop Type (2021 and 2028)
Figure 21. Fruits and Vegetables: South & Central America Miticides Market - Revenue and Forecast To 2028 (US$ Million)
Figure 22. Cereals and Grains: South & Central America Miticides Market - Revenue and Forecast To 2028 (US$ Million)
Figure 23. Oilseeds and Pulses: South & Central America Miticides Market - Revenue and Forecast To 2028 (US$ Million)
Figure 24. Others: South & Central America Miticides Market - Revenue and Forecast To 2028 (US$ Million)
Figure 25. South & Central America: Miticides Market Revenue Share, by Key Country (2021)
Figure 26. South & Central America: Miticides Market Revenue Share, by Key Country (2021 and 2028)
Figure 27. Brazil: Miticides Market -Volume and Forecast to 2028 (Tons)
Figure 28. Brazil: Miticides Market -Revenue and Forecast to 2028 (US$ Million)
Figure 29. Argentina: Miticides Market -Volume and Forecast to 2028 (Tons)
Figure 30. Argentina: Miticides Market -Revenue and Forecast to 2028 (US$ Million)
Figure 31. Rest of South & Central America: Miticides Market -Volume and Forecast to 2028 (Tons)
Figure 32. Rest of South & Central America: Miticides Market -Revenue and Forecast to 2028 (US$ Million)
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