Global Fungal Based Pesticides Market Growth 2024-2030
Fungal-based pesticides, also known as mycoinsecticides or mycopesticides, are a type of biopesticide derived from naturally occurring fungi that target and control specific pests. These pesticides work by infecting and killing insects, mites, or other pests, offering an environmentally friendly alternative to chemical pesticides. The fungi used in these biopesticides typically invade the pest's body, multiply inside it, and eventually cause the pest's death through mechanisms like toxin production or nutrient depletion. Fungal-based pesticides are selective, meaning they usually target specific pests without harming non-target organisms, including beneficial insects, animals, and humans. They are increasingly used in agriculture as a sustainable pest management strategy, reducing the reliance on synthetic chemicals and minimizing environmental impact.
The global Fungal Based Pesticides market size is projected to grow from US$ 1003 million in 2024 to US$ 1961 million in 2030; it is expected to grow at a CAGR of 11.8% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Fungal Based Pesticides Industry Forecast” looks at past sales and reviews total world Fungal Based Pesticides sales in 2023, providing a comprehensive analysis by region and market sector of projected Fungal Based Pesticides sales for 2024 through 2030. With Fungal Based Pesticides sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Fungal Based Pesticides industry.
This Insight Report provides a comprehensive analysis of the global Fungal Based Pesticides landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Fungal Based Pesticides portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Fungal Based Pesticides market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Fungal Based Pesticides and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Fungal Based Pesticides.
United States market for Fungal Based Pesticides is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Fungal Based Pesticides is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Fungal Based Pesticides is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Fungal Based Pesticides players cover Bayer, BASF, Certis Biologicals, Valent BioSciences, Syngenta, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Fungal Based Pesticides market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Beauveria Bassiana
Metarhizium Anisopliae
Others
Segmentation by Application:
Fruits and Vegetables
Cereals and Pulses
Other Crops
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Bayer
BASF
Certis Biologicals
Valent BioSciences
Syngenta
Koppert
BioWorks
Andermatt Biocontrol
Greenation
Key Questions Addressed in this Report
What is the 10-year outlook for the global Fungal Based Pesticides market?
What factors are driving Fungal Based Pesticides market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Fungal Based Pesticides market opportunities vary by end market size?
How does Fungal Based Pesticides break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.