Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
The global biofungicides market attained a value of nearly USD 773.45 Million in 2023. The market is further expected to grow at a CAGR of 14.50% during the forecast period of 2024-2032 to reach a value of USD 2616.26 Million by 2032.
Base Year
Historical Year
Forecast Year
Global Biofungicides Market Report Summary | Description | Value |
Base Year | USD Million | 2023 |
Historical Period | USD Million | 2018-2023 |
Forecast Period | USD Million | 2024-2032 |
Market Size 2023 | USD Million | 773.45 |
Market Size 2032 | USD Million | 2,616.26 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 14.5% |
CAGR 2024-2032 - Market by Region | Asia Pacific | 17.1% |
CAGR 2024-2032 - Market by Country | India | 18.0% |
CAGR 2024-2032 - Market by Country | Canada | 16.9% |
CAGR 2024-2032 - Market by Source | Microbial | 16.2% |
CAGR 2024-2032 - Market by Formulation | Liquid | 17.8% |
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The effect of organic, clean label, and residue-free customer preferences has led to an increase in the demand for biofungicides, particularly in the agricultural industry, which is driving the global biofungicides market. Incorporating sustainable products and services has positively affected the farmers around the globe, further aiding the industry growth. The shift towards the use of products derived from natural pest control has generated an enhanced demand for biofungicides and bioinsecticides.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Biofungicides refers to those fungicides that contain the active ingredient of a microorganism and are used in crop control of fungal pathogens. The global biofungicides market can be divided on the basis of segments like source, application, and formulation. On the basis of its source, the market can be categorised as microbial, biochemical, and plant-incorporate protectants.
Based on its application, the biofungicides market can be segmented as:
Based on its formulation, the biofungicides market can be bifurcated into:
The regional biofungicides markets like:
CAGR 2024-2032 - Market by | Country |
India | 18.0% |
Canada | 16.9% |
China | 15.1% |
USA | 14.6% |
Australia | 11.6% |
Japan | 10.2% |
UK | XX% |
Germany | XX% |
France | XX% |
Italy | XX% |
Saudi Arabia | XX% |
Brazil | XX% |
Mexico | XX% |
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Sustainable farming has become a main focus for the agricultural sector, ranging from increasing acceptance of traditional plants to biological crop protection. Biofungicides are used in the cultivation of cereals, grains, fruits and vegetables, oilseeds, and pulses as pest control. The shift in customers’ preference towards organic fruits and vegetables has led to a spike in the demand for biofungicides in the past few years. Product development and innovation policies in the biofungicides market have resulted in the increasing demand for bio-based agro-products that not only boost crop yields but also guarantee food safety, thus, further aiding the industry growth.
The report presents a detailed analysis of the following key players in the global biofungicides market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Source |
|
Breakup by Formulation |
|
Breakup by Application |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
In 2023, the global biofungicides market attained a value of nearly USD 773.45 Million.
The market is estimated to grow at a CAGR of 14.50% between 2024 and 2032.
The major drivers of the market include the rising environmental concern and the increasing demand for organic and clean labelled products.
The increasing shift towards sustainable agricultural practices is expected to be a key trend guiding the growth of the industry.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Microbial, biochemical, and plant-incorporated protectants are the different sources of the product in the market.
Dry and liquid form are the different formulations of the product in the market.
Cereals and grains, oilseeds and pulses, and fruits and vegetables, among others are the major applications of the product.
The major players in the industry are Bayer AG, Gujarat State Fertilizers and Chemicals Ltd., FMC Corporation, Certis USA LLC, Symborg S.L, and Biotech International Ltd., among others.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 2616.26 Million by 2032.
Purchase Full Report
Datasheet
Single User License
One User
Five User License
Five Users
Corporate License
Unlimited Users
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
Share