29 November 2023

The ‘Colombia Agrochemicals Market Size, Share, Growth, Trends, Analysis, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the Colombia agrochemicals market, assessing the market on the basis of its segments like type, nature, and application.

Colombia Agrochemicals Market Share, Size, Trends, Industry Report, Key Player, Major Segments, and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

  • Forecast CAGR (2023-2028): 3.20%

Increasing population and expanding agriculture industry are the key factors driving the growth of the Colombia agrochemicals market. The increasing population is resulting in a higher focus on improving agricultural output to meet the domestic food needs. With a diverse climate and extensive fertile land, Colombia supports the cultivation of a wide range of crops, surging the demand for agrochemicals to boost crop yields and provide protection from pests.

Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/colombia-agrochemicals-market/requestsample

Advancements in agrochemicals have led to increased efficiency, further bolstering the Colombia agrochemicals market demand. Their role in boosting crop growth, controlling pests, and optimising crop yields have increased the adoption of agrochemicals by various farmers in Colombia. Government initiatives supporting the adoption of modern agricultural techniques are also heightening the use of agrochemicals as well as improving their accessibility. Implementation of precision agriculture and rising usage of genetically modified crops are anticipated to surge the demand for agrochemicals in Colombia further.

Partnerships between agricultural companies, research institutes, and farmers are increasing the development of specialised agrochemicals that cater to targeted crops or regions. In the coming years, the Colombia agrochemicals market expansion would be aided by increasing research and development efforts to develop agrochemicals targeted for local use, particularly for high-value speciality crops.

Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/colombia-agrochemicals-market

Colombia Agrochemicals Industry Definition and Major Segments

Agrochemicals are those chemicals that are used in agricultural applications, to aid in crop growth and provide protection against pests. Common agrochemicals include adjuvants, fertilisers, plant growth regulators, and pesticides, and are designed to be safe for use on crops grown for consumption. Typically, agrochemicals contain active ingredients for the desired impact, and inert ingredients to stabilise the active ingredients.

Based on type, the market is divided into:

  • Pesticides
    • Breakup by Type
      • Herbicides
      • Insecticides
      • Fungicides
  • Fertilisers
    • Breakup by Type
      • Nitrogenous
      • Phosphatic
      • Potassic
  • Adjuvants
  • Plant Growth Regulators

On the basis of nature, the market is bifurcated into:

  • Synthetic
  • Bio-Based

By application, the market is segmented into:

  • Grains and Cereals
  • Pulses and Oilseeds
  • Fruits and Vegetables
  • Turf and Ornamentals
  • Others

Colombia Agrochemicals Market Trends

The rising focus on sustainability and environmentally-friendly agricultural practices are a key trend in the Colombia agrochemicals market increasing the demand for bio-based agrochemicals. These chemicals are derived from natural sources such as plant extracts, fungi, and bacteria, due to which they have a minimal negative impact on the environment and surroundings. As farmers in the country become more concerned about the sustainability of agriculture and its environmental impact, the demand for bio-based agrochemicals are rising.

In Colombia, crops are significantly susceptible to pests, with infestations capable of causing massive damage. Accordingly, there is an increasing demand for integrated pest management solutions, including agrochemicals for improved protection against pests. Integrated pest management solutions combine the use of targeted agrochemicals with other cultural and biological pest protection methods to preserve crops.

Rising awareness regarding safe usage of agrochemicals is another crucial trend in the Colombia agrochemicals market. Hesitation regarding the dangers of chemical usage can pose as a deterrent for using agrochemicals. To combat this hesitation, various initiatives and campaigns take place in the country to educate farmers about the safe use of agrochemicals and suitable agrochemicals for specific applications. Increasing adoption of digitalisation and various technologies by farmers would also surge the demand for agrochemicals at the earliest signs of poor crop performance.

Key Market Players

The major players in the Colombia agrochemicals market report are Bayer (Pty) Ltd, Syngenta Colombia, Corteva Agriscience, Sumitomo Chemical Colombia S.A.S., INVESA S.A., Fedearroz, Talanu Chemical, SiembraCo, and SODIAK S.A., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective, and intelligent business strategies and ensure their leadership in the market.

Media Contact:

Company Name: Claight Corporation
Contact Person: Edward Dugger, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com
LinkedIn:- https://www.linkedin.com/company/expert-market-research

Leave a Reply

Your email address will not be published. Required fields are marked *