In 2013, only 107 biopesticides were registered in Brazil, indicating that the country has taken the lead in adopting these pesticide alternatives. In addition, as of March of this year, 502 agricultural biopesticides had been registered in Brazil, a trend that is set to continue.
According to Blink Consulting, Brazilian soybean growers spent BRL 829 million on biological pest control last year, while only BRL 391 million was invested in 2019. Today the soybean crop accounts for nearly half of the country’s biopesticide applications.
Anthracnose, target spot, white mold and Asian rust are some of the major foliar diseases that damage soybean crops in Brazil. To control these diseases, Brazilian growers apply chemical fungicides multiple times per year, with resistance to the pathogens requiring the development of new active substances to control them in each cycle.
To achieve greater efficiency, profitability and sustainability, growers are investing more in integrated management and biopesticides to control crop diseases.
Blink says the development of advanced formulation technology biopesticide applications has driven 75% of the growth in this market in Brazil over the past two years, rising from BRL 946 million in 2019 to BRL 1.79 billion in 2021.
An IHS Markit study also predicts that the industry will be worth BRL 16.9 billion by 2030.
Source: World Agrochemical Network
Post time: Dec-08-2022