Crop protection market in Latin America as has the fastest growing in recent years. According to the statistics of world famous agricultural consulting company Phillips McDougall, crop protection market in Latin America in 2013 was worth 14.5 billion, which increased 27% comparing with the year of 2012.

In 2013, the area of the market growth is mainly due to the overall economic development; growing global demand for soybean and corn; GMO crop planting area continues to expand and the higher price of global crop.

The rapid development of the market absorbed by Multi-National Corporation naturally and they become the pioneer and first to carve up the market. According to a rough calculation of regional sales data ranking among the world's leading agricultural Multi-National Corporation in 2012, only 7 of those MTI companies in Latin America crop protection products sales sum accounted for more than the total market value of 90% in Latin America. They are Bayer, BASF, Dow, Monsanto, FMC and Dupont. Based on that, the market space for other company is not so big in Latin American region.