Brazil’s biologicals market to face its biggest challenge and keep growing

The biological pesticides market has stood out among agricultural inputs in Brazil for some time. Increasingly, we see new products being launched and new companies entering the market or being consolidated. This positive environment has significantly contributed to the growth of the market.

Over the past few years, Brazilian producers have also achieved very high operating margins, a result of the good price levels of the main agricultural commodities. However, prices have dropped in recent months, putting pressure on producers’ margins, which are more compressed than they were during the 2020-2023 period. As a result, we expect market growth to slow. The Brazilian biologicals market will continue to grow, albeit at a slower rate than in recent years. Brazilian producers remain committed to the adoption of biological pesticides, convinced of their importance and the benefits for their crops.