The market value of biorationals in Latin America is forecast to reach approximately 880 million U.S. dollars by 2023, up from an estimated 340 million U.S. dollars in 2018. A compound annual growth rate (CAGR) of 21.4 percent is expected for the period. Biorationals are targeted inseticides, meaning they are effective against their target while not causing harm to humans, the environment, or other animals.
Biorational market value in Latin America from 2018 to 2023
(in billion U.S. dollars)
* Forecasts. An exponential development of the values was assumed to estimate the annual values between 2018 and 2023, based on the CAGR provided by the source.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista. (February 15, 2020). Biorational market value in Latin America from 2018 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1175404/biorational-market-value-latin-america/
Statista. "Biorational market value in Latin America from 2018 to 2023 (in billion U.S. dollars)." Chart. February 15, 2020. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1175404/biorational-market-value-latin-america/
Statista. (2020). Biorational market value in Latin America from 2018 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1175404/biorational-market-value-latin-america/
Statista. "Biorational Market Value in Latin America from 2018 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 15 Feb 2020, https://www.statista.com/statistics/1175404/biorational-market-value-latin-america/
Statista, Biorational market value in Latin America from 2018 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1175404/biorational-market-value-latin-america/ (last visited December 22, 2024)
Biorational market value in Latin America from 2018 to 2023 (in billion U.S. dollars) [Graph], Statista, February 15, 2020. [Online]. Available: https://www.statista.com/statistics/1175404/biorational-market-value-latin-america/
