On April 19, CropLife Brazil estimated that sales of biopesticide in Brazil are expected to grow 33% to R$ 1.789 billion in 2021 and R$ 3.699 billion by 2030, based on data collected by Consultancy Blink.
Currently, about 33% of the crop area is totally or partially treated with biopesticides and 20% of the growers are constant users. In recent 5 years, the market size has doubled every 2 years.
Because of the capitalization level and high incidence of pests and diseases, soybean has been a gateway by the industry. It is estimated that the soybean biopesticide market will grow from R$ 596 million in 2020 to R$ 829 million in 2021.
Sugarcane businesses also have promising projections, a segment where the organic market tends to grow from R$ 264 million in 2020 to R$ 353 million this year, according to the survey.
| 2019 | 2020 | 2021 | |||
| Value (R$. M.) | Percentage (%) | Value (R$. M.) | Percentage (%) | Value (R$. M.) | Percentage (%) |
Soybean | 391 | 41 | 596 | 44 | 829 | 46 |
Sugar cane | 191 | 20 | 264 | 20 | 353 | 20 |
Maize | 88 | 9 | 128 | 10 | 169 | 9 |
Horticultural fruits | 93 | 10 | 114 | 8 | 131 | 7 |
Cotton | 56 | 6 | 72 | 5 | 85 | 5 |
Coffee | 16 | 2 | 22 | 2 | 22 | 2 |
Others | / | 11 | / | 11 | / | 11 |
