Global Biofungicides Market Analysis & Trends - Industry Forecast to 2030
The Global Biofungicides Market is poised to grow at a CAGR of around 18.2% over the next decade to reach approximately $7.5 billion by 2030. Some of the prominent trends that the market is witnessing include increasing preference for organic products, advancements in microbial research, and growing use of integrated pest management solutions.
Based on the type, the market is bifurcated into botanical and microbial.
By form, the market is fragmented into dry/pellets, water dispersible granules, wettable powder, and liquid/aqueous solution.
On the basis of the source, the market is classified into biochemical, plant-incorporated protectants, and biorationals.
With respect to the species, the market is segmented into pseudomonas, bacillus, trichoderma, streptomyces, and other species. The other species segment is further divided into aureobasidium, coniothyrium, and saccharomyces.
Depending upon the mode of application, the market is divided into soil treatment, foliar spray, seed treatment, and other modes of application. The other modes of application segment is further divided into drip & sprinkler irrigation, post-harvest, and root dipping.
On the contrary of the crop type, the market is fragmented into fruits & vegetables, oilseeds & pulses, cereals & grains, and other crop types. The other crop types segment is further classified into turf & ornamentals and lawns.
By product, the market is segregated into fungi fungicide, agricultural antibiotic, virus fungicide, and bacterium fungicide. The agricultural antibiotic segment is further segregated into biopesticides and biofungicides.
With respect to the application, the market is classified into crop based, non crop based, and on farm.
By end user, the market is segregated into farmers and agriculture based industries.
This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2022, 2023 revenue estimations are presented for 2024 and forecasts from 2025 till 2030. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.
The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.
This report provides data tables, includes charts and graphs for visual analysis.
Regional Analysis:
North America
- US
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- Spain
- UK
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- New Zealand
- Rest of Asia Pacific
Middle East
- Saudi Arabia
- UAE
- Rest of Middle East
Latin America
- Argentina
- Brazil
- Rest of Latin America
Rest of the World
- South Africa
- Others
Report Highlights:
- The report provides a detailed analysis on current and future market trends to identify the investment opportunities
- Market forecasts till 2030, using estimated market values as the base numbers
- Key market trends across the business segments, Regions and Countries
- Key developments and strategies observed in the market
- Market Dynamics such as Drivers, Restraints, Opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2030
- Market opportunities and recommendations for new investments