Bayer to Launch 17 Biologicals in Latin America

Bayer plans to introduce seventeen new biological products across Latin America by the end of the decade. The company targets a regional market expanding faster than the global average. New biopesticides and enhancers will focus heavily on Brazil.

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FILE PHOTO: The logo of German pharmaceutical and chemical maker Bayer AG is seen outside the industrial park "Chempark" of the chemical industry in Leverkusen, Germany, September 23, 2023. REUTERS/Wolfgang Rattay/File Photo

Bayer AG will launch 17 new biological products in Latin America by 2030, targeting a regional market outpacing global growth. The expansion includes biopesticides and crop performance enhancers tailored for major agricultural producers. The strategy aims to capture surging regional demand as adoption rates accelerate past worldwide averages.