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Brazil Crop Protection Market is primarily driven by the adoption of contemporary agricultural technologies and the growth of organic food on the market: Ken Researchqrcode

Jan. 13, 2023

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Jan. 13, 2023

Driven by the various initiatives by the government for increasing the crop protection industry and increasing focus on food security, the crop protection market in Brazil has ample growth potential in the coming years.

Expansion of the industry: Brazil is one of the top-producing countries in the world for agriculture. According to the World Bank, Brazilian agriculture generated 261.6 million tons in 2022, ranking it fifth internationally in terms of value. Following the global trend, Brazil is experiencing a decline in arable land, which is further exacerbated by an expanding population. These two aspects help the market and spur demand for higher yields, which fuels market expansion. The industry is expanding as a result of the financial advantages that crop protection usage provides.

Changing climate and the Acceleration of global warming: The country's agricultural modernization has also spurred the market for crop protection to expand. The Brazilian market has recently been driven by consumers as a result of crop diseases and pest cases rising due to the changing environmental climate and the acceleration of global warming. On the other hand, the strict and constantly evolving regulations regarding the use of chemicals are having both a good and bad effect on the market. The market is negatively impacted by these new policies since they make it difficult for new firms to enter, but on the other side, they encourage the existing players to invest in R&D, which leads to a better product for the consumer.

Bio pesticides in place of traditional chemicals: The growing public awareness of the use of chemicals on food products is a hindrance to industry expansion. Additionally, incorrect use of these goods has led to a rise in illnesses among end users. This is one of the major factors obstructing the growth of the market. To address this issue, the government organizes an awareness campaign among agricultural farmers to inform them of the proper application and quantity of the product. The shift in consumer behaviour toward health consciousness also affects the increase in demand for organically cultivated produce such as fruits and vegetables, for which farmers use bio-pesticides rather than traditional chemicals. As a result, Brazil is using fewer crop protection chemicals.


For more insights on market intelligence, refer to the link below:
https://www.kenresearch.com/agriculture-and-animal-care/crop-protection/brazil-crop-protection-market-outlook-to-2027/596260-104.html


Source: Ken Research

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