Market Overview

The Latin America crop protection chemicals market was valued at USD 15,345.6 Million in 2024 and is projected to reach USD 24,060.3 Million by 2033, growing at a CAGR of 4.60% during the forecast period of 2025-2033. This growth is driven by increasing agricultural intensification, rising demand for high-yield crops, and the need to manage pests and diseases effectively. The market is supported by expanding export-oriented production and consumer demand for residue-free produce.

Study Assumption Years

• Base Year: 2024
• Historical Year/Period: 2019-2024
• Forecast Year/Period: 2025-2033

Latin America Crop Protection Chemicals Market Key Takeaways

• The market size was valued at USD 15,345.6 Million in 2024, with a forecast to reach USD 24,060.3 Million by 2033.
• The market is expected to grow at a CAGR of 4.60% during 2025-2033.
• Brazil dominates the market in 2024 with the largest share due to its extensive agricultural activities.
• The market growth is driven by rising demand for high-yield crops such as cereals, oilseeds, and fruits and vegetables.
• Increasing adoption of bio-based and environmentally friendly chemicals is promoting sustainable agriculture.
• Technological advancements like precision agriculture and smart spraying techniques are enhancing application efficiency.
• Urbanization and limited arable land are pushing for higher output per hectare using crop protection chemicals.

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Market Growth Factors

The Latin America crop protection chemicals market is primarily driven by the increasing demand for high-yield crops to support the region's growing population. For example, corn production for the marketing year 2025/26 is projected to reach 131 million metric tons, highlighting the need for efficient pest and disease management to secure yields. The expansion of commercial agriculture, particularly in soybean, maize, and sugarcane cultivation, is fueling the adoption of advanced crop protection solutions. Additionally, increasing awareness of sustainable agricultural practices and integrated pest management is encouraging the use of bio-based and environmentally friendly chemicals.

Government initiatives and subsidies aimed at improving farm productivity are another critical factor increasing chemical adoption in the region. The proliferation of modern irrigation systems, combined with improved logistics and storage infrastructure, facilitates wider distribution and application of crop protection chemicals. This supportive environment helps farmers access and use advanced agrochemical products effectively.

Technological advancements such as precision agriculture and smart spraying techniques are also significant market growth drivers. These innovations enhance application efficiency, enabling accurate and timely delivery of crop protection chemicals with reduced environmental impact. The introduction of platforms like PestDisPlace by the International Center for Tropical Agriculture enables real-time pest and disease monitoring, further facilitating responsive crop management. Moreover, increasing incidences of pest outbreaks, plant diseases, and climate variability push farmers to adopt adaptive pest management solutions, thereby accelerating product penetration.

Market Segmentation

Analysis by Origin

• Synthetic: Synthetic crop protection products lead the market due to high effectiveness, reliability, and broad action against pests, diseases, and weeds. They are extensively used on large-scale cereal, oilseed, and fruit operations.
• Bio-Based: Bio-based chemicals are gaining traction as environmentally friendly substitutes. Extracted from plants, microorganisms, and minerals, they provide residue-free pest and disease management and are often used in integrated practices alongside synthetics.

Analysis by Product Type

• Herbicide: Major segment focusing on weed control that competes with crops for essential resources, facilitating crop rotation and eco-friendly farming while ensuring high productivity.
• Fungicide: Important in preventing fungal diseases affecting fruits, cereals, vegetables, and oilseeds, especially in humid tropical climates, maintaining crop health and quality.
• Insecticide: Essential for managing insect pests that damage a broad spectrum of crops such as cereals, fruits, vegetables, and oilseeds, thus supporting food security.

Analysis by Crop Type

• Cereals and Grains: Backbone of Latin American agriculture, including corn, wheat, and rice, requiring continuous protection from pests, weeds, and diseases.
• Oilseeds and Pulses: Crops like soybeans, sunflowers, and beans need specialized crop protection measures to enhance productivity and market competitiveness.
• Fruits and Vegetables: High-value crops vulnerable to pests and diseases, demanding insecticide, fungicide, and herbicide applications to maintain yield and quality.

Analysis by Form

• Liquid: Dominant due to ease of use, fast uptake, and compatibility with modern spraying technologies, making it highly effective for foliar application.
• Solid: Important for stability, longer shelf life, and cost-effectiveness, often used on soil or seeds with slow-release action for sustained protection.

Analysis by Mode of Application

• Foliar Spray: Market leader in 2024 because of precision, fast absorption, and efficacy, suitable for various high-value crops, ensuring uniform coverage and reduced wastage.

Regional Insights

Brazil dominates the Latin America crop protection chemicals market in 2024 due to its vast agricultural land and extensive use of agrochemicals for staple and export crops like soybeans, corn, sugarcane, and coffee. Brazil leads consumption of herbicides, followed by fungicides and insecticides, reflecting the country's focus on stable agricultural output and growing sustainable practices. Its strategic role as an agricultural export hub underscores its significance in driving regional market trends and innovation.

Recent Developments & News

In August 2025, ADAMA Argentina registered its novel fungicide Maxentis for barley and wheat, combining preventive and curative actions with 20% Azoxystrobin and 15% Prothioconazole. Corteva Agriscience launched Ligate, a new herbicide in Argentina, potentially replacing glyphosate. Syngenta introduced Crestivo herbicide in Brazil in June 2025, targeting broadleaf and narrow-leaf weeds. FMC Corporation received authorization for Fidresa fungicide in Argentina for combating leaf spots and scald. UPL launched Thunder herbicide in Brazil with the new molecule asulam, nearing registration completion.

Key Players

• Adama Ltd. (China National Chemical Corporation Limited)
• BASF SE
• Bayer AG
• Corteva, Inc.
• FMC Corporation
• Marrone Bio Innovations, Inc.
• Novozymes A/S
• Sumitomo Chemical Co. Ltd
• Syngenta (China National Chemical Corporation Limited)
• UPL Limited

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