"Yield Higher Revenue with our Exclusive Insights "

Biofungicide Market Size, Share & Industry Analysis, By Type (Microbial Species, Botanical), By Form (Powder, Aqueous Solution, Granules), By Mode of Application (Foliar Spray, Soil Treatment, Seed Treatment, Others), By Crop Type (Fruit & Vegetables, Cereals & Grains, Oilseeds, Others) And Regional Forecast, 2024-2032

Region :Global | Report ID: FBI105234 | Status : Ongoing

 

KEY MARKET INSIGHTS

The global biofungicides market has witnessed growth in recent years due to the increasing awareness about the harmful effects of chemical pesticides on the environment. As producers are looking for a natural alternative of chemical fungicide, bio fungicides provide a better alternative that can be used.


Biofungicides refer to chemical formulations of beneficial bacteria and fungi used to minimize the disease caused in plants.  Some of the common biofungicides used in the market are Bacillus amyloliquefaciens, Bacillus subtilis, Trichoderma harzianum, Streptomyces lydicus, and others. There are four common ways by which biofungicides control the growth of pathogens in the plant body. These four ways are Biofungicides use direct competition by growing a defensive barrier and shielding them against harmful fungi. They also use a method known as antibiosis where they produce antibiotic like chemicals, which are harmful to pathogens. They also feed on the harmful pathogens and boost the plants' immune system to defend against disease-causing pathogens.  

The use of chemical pesticides is harmful for the environment The government has also developed specific guidelines related to the quantity of toxic chemicals that can be used in the pesticides. Biofungicides provide a suitable alternative to chemical pesticides as they use natural microbes to control the growth of fungal diseases. These formulations are also safe to use and they leave low to no residues in the final food product compared to synthetic pesticides. Biofungicides are useful for chemical treatment of crops that take longer to harvest and need to be treated when the harvest approaches. Biofungicides are not harmful for the pollinators and hence they can be used for harvesting flowers as well.  Biofungicides are degradable and renewable resources and hence they don’t leave any harmful residue and are considered environmentally friendly.

The registration process of newer pesticides is slow and cumbersome and takes long time. This in turn increases the cost of the final product, making it an expensive alternative to chemical pesticides that are cheaper and readily available.    

In recent years, new technology is used for improving the application of pesticides on plants. Nano pesticides are usually applied in combination with nanomaterials to increase their reactivity. These nano biofungicides are then used as a powerful alternative against synthetic fungicides.  

Key Market Driver -

Increasing Demand for Natural Alternatives Against Synthetic Fertilizers

Key Market Restraint -

Expensive Compared to Chemical Fertilizers


Key Players Covered:


The key players operating in the global biofungicides market are BASF SE, Bayer AG, Syngenta AG, FMC Corporation, Nufarm, Novozymes, Marrone Bio Innovations, Koppert Biological Systems, Isagro S.P.A, T. Stanes & Company Limited, BioWorks, The Stockton Group, and others.

Biofungicdes are available in different forms such as aqueous solutions, powder and granules. These products can be directly applied into the soil by mixing the powder with the biofungicides. They can also be applied by mixing the seeds with the aqueous solutions and placing them on the soil.

As the demand for food security in the world is increasing, there has been an increase in the use of pesticides to improve the productivity of crops. Also, there is an increasing awareness among the consumers about the use of chemical fungicides and their harmful effects on health; hence, the demand for natural alternatives such as biofungicides is on rise. As per research conducted by organic trade association, the demand for organic food in the market is also increasing with sales of organic products estimated to be around 52.5 USD million as on 2018, the use of biofungicides as an alternative of chemical fungicides is also expected to rise. Governments are also taking initiatives and creating awareness among the farmers about the benefits of using biofungicides, which is also expected to boost the growth of the product in the market.

New product formulations are developed and launched in the market to suit the specific requirements of a particular crop or a specific region. For instance, Marrone Bio Innovations, Inc. (MBI) a company that provides products related to pest management launched a new formulation named – “Reegalia” biofungicide in 2016. This product is aimed for use in both conventional and organic crops and helps the plant fight pathogens by boosting their immune system.

Regional Analysis:


North America is witnessing significant growth in the global biofungicide market due to the increasing preference for organic food. As there is an increasing demand for natural pest management solutions the demand for the market is expected to increase in the region.

To gain extensive insights into the market, Request for Customization


Segmentation   






























  ATTRIBUTE

  DETAILS

By Type



  • Microbial Species

  • Botanical



By Form



  • Powder

  • Aqueous Solution

  • Granules



By Mode of Application



  • Foliar Spray

  • Soil Treatment

  • Seed Treatment

  • Others  



By Crop Type



  • Fruit & Vegetables

  • Cereals & Grains

  • Oilseeds

  • Others



By Geography



  • North America (U.S., Canada, and Mexico)

  • Europe (France, Germany, Italy, Spain, U.K., Russia, and Rest of Europe)

  • Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific)

  • South America (Brazil, Argentina, and Rest of South America)

  • Middle East & Africa (South Africa, UAE, and Rest of ME&A)



Key Industry Developments



  • In 2020, Syngeta in collaboration with Novozymes launched a new biofungicde in the market named as “Taegro” . This new product is used to protect crops against diseases such as powdery mildew and botrytis.





  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Agriculture Clients

Fuji film
Nissin
RMIT
Health Canada
Ferrero

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X