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    Home > Food News > Food Articles > Brazil's soybean pesticide market shrinks, AgBiTech's bio-insecticide development gains opportunities

    Brazil's soybean pesticide market shrinks, AgBiTech's bio-insecticide development gains opportunities

    • Last Update: 2021-06-16
    • Source: Internet
    • Author: User
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    Agrochemicals.
    com.
    cn report: Recently, the Brazilian market intelligence consulting company Spark Smarter Decisions (Spark) released the first batch of results of the BIP Soja (Business Intelligence Panel) research
    .
     
    According to the survey results, the market value of Brazilian soybean pesticides , including chemical and biological matrix pesticides, dropped by 12% in the 2020-21 season, from US$468 million to US$413 million
    .
     
    AgBiTech has a dominant position in the Brazilian soybean caterpillar bio-insecticide market
    .
    According to Spark’s recent integrated data, this company has increased its market share in bio-pesticides from 17% to 37%, and has become the 12th-ranked caterpillar control pesticide company including traditional brands in the crop protection field
    .

     
    According to Murilo Moreira, AgBiTech's marketing director and agronomist, the company has gradually emerged on the basis of increased dealer sales after three crop harvest years in Brazil
    .
     
    At present, the number of manufacturers developing biological pesticides has increased more than fourfold
    .
    And AgBiTech has strengthened its biological management strategy for caterpillars
    .

     
    Moreira also said that farmers often encounter difficulties in preventing and controlling harmful soybean caterpillars, especially the caterpillars of Spodoptera frugiperda
    .
    This allowed AgBiTech to seize the opportunity and obtain a good performance in the 2020-21 harvest season
    .
    AgBiTech developed in the context of the decline in the pesticide market, the increase in the number of genetically modified Intacta soybeans planted by producers compared to the previous season, and the need to better prevent and control caterpillars
    .
     
      Moreira finally concluded that the results of years of field harvests show that AgBiTech has gained more trust from manufacturers and partners
    .
    The baculovirus strain produced by AgBiTech has high technical content and is unique in the market.
    It has achieved good results in biological control and control of caterpillar resistance to chemical insecticides
    .


     
      According to the survey results, the market value of Brazilian soybean pesticides , including chemical and biological matrix pesticides, dropped by 12% in the 2020-21 season, from US$468 million to US$413 million
    .
    Soybean insecticide bio
     
      AgBiTech has a dominant position in the Brazilian soybean caterpillar bio-insecticide market
    .
    According to Spark’s recent integrated data, this company has increased its market share in bio-pesticides from 17% to 37%, and has become the 12th-ranked caterpillar control pesticide company including traditional brands in the crop protection field
    .

     
      According to Murilo Moreira, AgBiTech's marketing director and agronomist, the company has gradually emerged on the basis of increased dealer sales after three crop harvest years in Brazil
    .
     
      At present, the number of manufacturers developing biological pesticides has increased more than fourfold
    .
    And AgBiTech has strengthened its biological management strategy for caterpillars
    .

     
      Moreira also said that farmers often encounter difficulties in preventing and controlling harmful soybean caterpillars, especially the caterpillars of Spodoptera frugiperda
    .
    This allowed AgBiTech to seize the opportunity and obtain a good performance in the 2020-21 harvest season
    .
    AgBiTech developed in the context of the decline in the pesticide market, the increase in the number of genetically modified Intacta soybeans planted by producers compared to the previous season, and the need to better prevent and control caterpillars
    .
     
      Moreira finally concluded that the results of years of field harvests show that AgBiTech has gained more trust from manufacturers and partners
    .
    The baculovirus strain produced by AgBiTech has high technical content and is unique in the market.
    It has achieved good results in biological control and control of caterpillar resistance to chemical insecticides
    .

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