Product Code: AGI 7638
"The biofungicides market Is projected to grow at a CAGR of16.1% from 2020 to 2025."
The global biofungicides market size is estimated to account for USD 1.6billion in 2020 and is projected to grow at a CAGR 16.1%, to reach a value of USD 3.4billion by 2025. The increase in preference for organic farming practices and the rise in the adoption of integrated pest management practices are factors driving the growth of the market. The increasing awareness among farmers about the negative effects of synthetic plant protection products and the cost-effectiveness of biofungicides are also encouraging the adoption of these products across the globe.
The microbial species segment, by type, is projected to be the fastest-growing in the biofungicides market during the forecast period
The increasing importance of sustainable agriculture and awareness among farmers about the toxicity of chemical fungicides and its harmful effects on the environment are some of the factors, due to which microbial biofungicides are becoming popular. The actions of microbial biofungicides are specific to target pests and do not harm beneficial microorganisms, which promotes the growth of the plant.
By crop type, the fruit & vegetables segment is projected to be the fastest-growing in the biofungicides market during the forecast period
Increasing demand for organic fruits and vegetables has resulted in higher use of biofungicides in this segment. Biofungicides not only help in protecting the crops during the growing season but also show the extended activity of protection during post-harvest storage and transport.
By mode of application, the soil treatment is projected to dominate the biofungicides market during the forecast period
One of the major advantages of using biofungicides as soil treatment is they ensure healthy seed germination by removing pathogenic fungal spores and mycelium that might be present in the soil. Increasing instances of the soil-borne fungal pathogen have led to a rise in demand for soil treatment mode of application.
Break-up of Primaries:
- By Company Type: Tier 1 -40%, Tier 2 -35%, and Tier 3 -25%
- By Designation: C-level - 30%, D-level - 20%, and Others*-50%
- By Region: Asia Pacific - 70%, Europe - 15%, North America -10%, Rest of the World (RoW)** - 5%
Others include sales managers, marketing managers, and product managers.
* RoW includes South America, Turkey, and others in RoW.
Leading players profiled in this report:
- BASF SE (Germany)
- Bayer AG (Germany)
- Syngenta AG (Switzerland)
- FMC Corporation (US)
- Nufarm (Australia)
- Novozymes (Denmark)
- Marrone Bio Innovations (US)
- Koppert Biological Systems (Netherlands)
- Isagro S.P.A (Italy)
- T. Stanes & Company Limited (India)
- BioWorks (US)
- The Stockton Group (Israel)
- Valent Biosciences (US)
- Agri Life (India)
- Certis U.S.A (US)
- Andermatt Biocontrol AG (Switzerland)
- Lesaffre (France)
- Rizobacter (Argentina)
- Vegalab S.A (US)
- Biobest Group NV (Belgium)
- Biolchim (Italy)
Research Coverage:
This report segments the biofungicides market on the basis of type, form, species, crop type, mode of application, and region. In terms of insights, this research report focuses on various levels of analyses-competitive landscape, end-use analysis, and company profiles-which together comprise and discuss the basic views on the emerging & high-growth segments of the biofungicides market, the high-growth regions, countries, government initiatives, market disruption, drivers, restraints, opportunities, and challenges.
Reasons to Buy the Report:
- To get a comprehensive overview of the biofungicides market
- To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
- To gain insights about the major countries/regions, in which the biofungicides market is flourishing
TABLE OF CONTENTS
1 INTRODUCTION
- 1.1 OBJECTIVES OF THE STUDY
- 1.2 MARKET DEFINITION
- 1.3 STUDY SCOPE
- 1.4 PERIODIZATION CONSIDERED
- 1.5 CURRENCY CONSIDERED
- 1.6 UNITS
- 1.7 STAKEHOLDERS
- 1.8 INCLUSIONS & EXCLUSIONS
2 RESEARCH METHODOLOGY
- 2.1 RESEARCH DATA
- 2.1.1 SECONDARY DATA
- 2.1.1.1 Key Data from Secondary Sources
- 2.1.2 PRIMARY DATA
- 2.1.2.1 Key Data from Primary Sources
- 2.1.2.2 Breakdown of Primaries
- 2.2 MARKET SIZE ESTIMATION
- 2.2.1 BOTTOM-UP APPROACH
- 2.2.2 TOP-DOWN APPROACH
- 2.3 MARKET BREAKDOWN & DATA TRIANGULATION
- 2.4 RESEARCH ASSUMPTIONS & LIMITATIONS
- 2.4.1 ASSUMPTIONS
- 2.4.2 LIMITATIONS OF THE STUDY
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
- 4.1 OPPORTUNITIES IN THE BIOFUNGICIDES MARKET
- 4.2 BIOFUNGICIDES MARKET, BY MICROBIAL SPECIES
- 4.3 NORTH AMERICA: BIOFUNGICIDES MARKET, BY TYPE AND KEY COUNTRIES
- 4.4 BIOFUNGICIDES, BY MODE OF APPLICATION AND REGION
- 4.5 BIOFUNGICIDES MARKET, BY FORMULATION
- 4.6 BIOFUNGICIDES, CROP TYPE
5 MARKET OVERVIEW
- 5.1 INTRODUCTION
- 5.2 MACROECONOMIC INDICATORS
- 5.2.1 EXPANSION OF CULTIVATION AREA UNDER ORGANIC AGRICULTURE
- 5.2.2 DECLINING TREND OF USING CHEMICAL PESTICIDES
- 5.2.3 INCREASING INCIDENCES OF FUNGAL INFECTIONS IN FRUIT AND VEGETABLE CROPS
- 5.3 MARKET DYNAMICS
- 5.3.1 DRIVERS
- 5.3.1.1 Regulatory pressures and harmful effects associated with the use of synthetic plant protectants
- 5.3.1.2 Growing emphasis on integrated pest management solutions
- 5.3.1.3 Growing preference for organic products to encourage the adoption of biological products
- 5.3.2 RESTRAINTS
- 5.3.2.1 Technological limitations for the use of biological products
- 5.3.2.2 Need for frequent reapplications of biofungicides as compared to its chemical counterparts
- 5.3.3 OPPORTUNITIES
- 5.3.3.1 Advancements in microbial research undertaken by key players across regions
- 5.3.3.2 Plant pathogens developing resistance to chemical fungicides
- 5.3.4 CHALLENGES
- 5.3.4.1 Preference for chemical fungicides among farmers in developing countries
- 5.3.4.2 Introduction of new biofungicides in the market
- 5.4 VALUE CHAIN ANALYSIS
- 5.5 PATENT ANALYSIS
- 5.6 REGULATORY FRAMEWORK
- 5.6.1 US
- 5.6.2 CANADA
- 5.6.3 EUROPE
- 5.6.4 INDIA
- 5.6.5 AUSTRALIA
6 COVID-19 IMPACT ON THE BIOFUNGICIDES MARKET
- 6.1 INTRODUCTION
- 6.2 IMPACT OF COVID-19 ON THE PESTICIDE INDUSTRY
- 6.3 OPPORTUNITIES FOR BIOFUNGICIDES DURING THE OUTBREAK
7 BIOFUNGICIDES MARKET, BY TYPE
- 7.1 INTRODUCTION
- 7.2 MICROBIAL
- 7.2.1 MICROBIAL PESTICIDES HAVE LOWER CHANCES OF DEVELOPING RESISTANT PATHOGENS DUE TO MULTIPLE MODES OF ACTION
- 7.3 BOTANICAL
- 7.3.1 BOTANICAL BIOFUNGICIDES WITNESS HIGH DEMAND AS THEY PROVIDE NON-TOXICITY TO HOST PLANTS
8 BIOFUNGICIDES MARKET, BY MICROBIAL SPECIES
- 8.1 INTRODUCTION
- 8.2 TRICHODERMA
- 8.2.1 EASY AVAILABILITY OF TRICHODERMA AND ITS HIGH SHELF LIFE TO ENCOURAGE ADOPTION AMONG FARMERS
- 8.3 BACILLUS
- 8.3.1 BACILLUS ACTS AS A PLANT GROWTH REGULATOR AND HELPS IN CONTROLLING PATHOGENIC FUNGI
- 8.4 PSEUDOMONAS
- 8.4.1 PSEUDOMONAS IS A WIDE-SPECTRUM BIOFUNGICIDES, WHICH IS SUITABLE FOR ALL TYPES OF CROPS
- 8.5 STREPTOMYCES
- 8.5.1 STREPTOMYCES DESTROYS PATHOGENIC ANTAGONISTS BY SECRETING VOLATILE COMPOUNDS
- 8.6 OTHER MICROBIAL SPECIES
- 8.6.1 YEAST AND BACTERIAL SPP. PRODUCE ANTAGONISTIC METABOLITES TO SUPPRESS PATHOGENIC FUNGAL ACTIVITIES
9 BIOFUNGICIDES MARKET, BY MODE OF APPLICATION
- 9.1 INTRODUCTION
- 9.2 SOIL TREATMENT
- 9.2.1 EFFECTIVENESS OF SOIL TREATMENT IN PROMOTING SEED GROWTH AND PREVENTING SOIL-BORNE FUNGAL INFECTIONS ENCOURAGES ITS ADOPTION
- 9.3 FOLIAR SPRAY
- 9.3.1 THE APPEARANCE OF PATHOGENIC FUNGI IN THE LATER STAGES OF PLANTS INCREASES THE USAGE OF FOLIAR SPRAY AS A MODE OF APPLICATION
- 9.4 SEED TREATMENT
- 9.4.1 SEED TREATMENT IMPROVES THE STRESS TOLERANCE CAPACITY OF SEEDS AND PROVIDES PROTECTION AGAINST SOIL-BORNE FUNGAL PATHOGENS
- 9.5 OTHER MODES OF APPLICATION
- 9.5.1 FUNGAL SPORES PRESENT IN THE AIR AFFECT AGRICULTURAL PRODUCTION, WHICH REQUIRES POST-HARVEST APPLICATION OF BIOFUNGICIDES
10 BIOFUNGICIDES MARKET, BY CROP TYPE
- 10.1 INTRODUCTION
- 10.2 FRUITS & VEGETABLES
- 10.2.1 INCREASED CONSUMPTION OF ORGANIC FRUITS AND VEGETABLES HAS LED TO THE ADOPTION OF BIOFUNGICIDES AMONG FARMERS
- 10.3 CEREALS & GRAINS
- 10.3.1 POST-HARVEST LOSSES OF GRAINS AND THE DEGRADATION OF THEIR QUALITY HAVE LED TO A HIGH DEMAND FOR BIOFUNGICIDES TO PREVENT PATHOGEN ATTACKS AND RETAIN GRAIN WEIGHT AND QUALITY
- 10.4 OILSEEDS & PULSES
- 10.4.1 RISING DEMAND FOR PROTEIN-RICH FOOD PRODUCTS ACROSS REGIONS HAS ENCOURAGED FARMERS TO ADOPT BIOFUNGICIDES FOR PRODUCING ORGANIC AND HEALTHIER PULSES
- 10.5 OTHER CROPS
- 10.5.1 INCREASING NUMBER OF GOLF COURSES REQUIRE THE USAGE OF BIOFUNGICIDES TO MAINTAIN HIGH GRASS QUALITY
11 BIOFUNGICIDES MARKET, BY FORMULATION
- 11.1 INTRODUCTION
- 11.2 WETTABLE POWDER
- 11.2.1 WETTABLE POWDER IS EFFECTIVE FOR ACTIVE INGREDIENTS THAT ARE INSOLUBLE IN WATER AND OIL
- 11.3 GRANULES
- 11.3.1 GRANULAR BIOFUNGICIDES EFFECTIVELY WORK BY SECRETING ENZYMES, WHICH DISRUPT THE PATHOGENIC CELL MEMBRANE, CAUSING THEM TO DIE
- 11.4 AQUEOUS SOLUTION
- 11.4.1 INTEGRATION OF AQUEOUS SOLUTION BIOFUNGICIDES WITH IRRIGATION SYSTEMS INCREASES ITS ADOPTION RATE AMONG FARMERS
12 BIOFUNGICIDES MARKET, BY REGION
- 12.1 INTRODUCTION
- 12.2 NORTH AMERICA
- 12.2.1 US
- 12.2.1.1 Increasing consumption of wheat has led to a rise in demand for biofungicides in the country to cater to the domestic, as well as export needs
- 12.2.2 CANADA
- 12.2.2.1 High losses in staple crops and fruits & vegetables have led to a rise in demand for biofungicides in Canada
- 12.2.3 MEXICO
- 12.2.3.1 Rising demand for high-quality and safe organic crops have led to an increased usage of biofungicides in the market
- 12.3 EUROPE
- 12.3.1 FRANCE
- 12.3.1.1 Increasing adoption of organic farming practices in France has led to a rise in demand for biofungicides
- 12.3.2 SPAIN
- 12.3.2.1 Fungal attacks on vineyards are affecting the Spanish wine industry, which, in turn, is driving the market growth in the country
- 12.3.3 GERMANY
- 12.3.3.1 Adoption of organic agriculture practices to drive the market growth for biofungicides in the country
- 12.3.4 ITALY
- 12.3.4.1 Decrease in citrus production due to fungal infections is a major factor driving the growth of the biofungicides market in Italy
- 12.3.5 UK
- 12.3.5.1 Increasing instances of greenhouse fungal infections to drive the demand for biofungicides in the UK
- 12.3.6 RUSSIA
- 12.3.6.1 Fluctuations in climatic conditions and biocontrol mechanisms against potato fungal diseases to encourage the adoption of biofungicides
- 12.3.7 REST OF EUROPE
- 12.3.7.1 Harmful effects of chemical fungicides and introduction of stringent government rules to drive the market for biofungicides
- 12.4 ASIA PACIFIC
- 12.4.1 AUSTRALIA
- 12.4.1.1 Introduction of government regulations and investments in innovative and sustainable agriculture to drive the market growth for biofungicides
- 12.4.2 CHINA
- 12.4.2.1 As the leading exporters of organic food products, the Chinese farmers are shifting their focus on bio-based crop protection products
- 12.4.3 INDIA
- 12.4.3.1 Increasing government support for integrated pest management programs and biological crop protection products to drive the market growth for biofungicides
- 12.4.4 JAPAN
- 12.4.4.1 Strict regulations against agrochemicals and the increasing demand for organic food to drive the growth of the biofungicides market in Japan
- 12.4.5 INDONESIA
- 12.4.5.1 Increased health concerns associated with chemical crop protection products to drive the growth of the biofungicides market
- 12.4.6 REST OF ASIA PACIFIC
- 12.4.6.1 Increased adoption of sustainable farming to drive the market growth of biofungicides in the region
- 12.5 SOUTH AMERICA
- 12.5.1 BRAZIL
- 12.5.1.1 Increasing instances of soybean rust infections to drive the market growth of biofungicides in the region
- 12.5.2 ARGENTINA
- 12.5.2.1 Increase in instances of infections in fruits and vegetable crops is encouraging farmers to adopt biofungicides in the region
- 12.5.3 REST OF SOUTH AMERICA
- 12.5.3.1 Stricter government regulations against the use of chemical products to drive the market growth for biofungicides in the region
- 12.6 REST OF THE WORLD (ROW)
- 12.6.1 TURKEY
- 12.6.1.1 Increasing export demands for organic food products is influencing farmers to adopt biological crop protection methods
- 12.6.2 SOUTH AFRICA
- 12.6.2.1 Decline in the wine quality due to the usage of chemical-based products is driving the growth of the biofungicides market in the region
- 12.6.3 OTHERS IN ROW
- 12.6.3.1 Stringent rules for the non-usage of chemical fungicides to drive the market growth in the Middle East
13 COMPETITIVE LANDSCAPE
- 13.1 OVERVIEW
- 13.2 COMPETITIVE LEADERSHIP MAPPING
- 13.2.1 VISIONARY LEADERS
- 13.2.2 INNOVATORS
- 13.2.3 DYNAMIC DIFFERENTIATORS
- 13.2.4 EMERGING COMPANIES
- 13.3 RANKING OF KEY PLAYERS, 2019
- 13.4 COMPETITIVE SCENARIO
- 13.4.1 NEW PRODUCT LAUNCHES
- 13.4.2 EXPANSIONS & INVESTMENTS
- 13.4.3 ACQUISITIONS
- 13.4.4 AGREEMENTS & COLLABORATIONS
14 COMPANY PROFILES
(Business overview, Products offered, Recent Developments, SWOT analysis, Right to win)*
- 14.1 BASF SE
- 14.2 BAYER AG
- 14.3 SYNGENTA AG
- 14.4 NUFARM
- 14.5 FMC CORPORATION
- 14.6 NOVOZYMES
- 14.7 MARRONE BIO INNOVATIONS
- 14.8 KOPPERT BIOLOGICAL SYSTEMS
- 14.9 ISAGRO S.P.A
- 14.10 BIOWORKS
- 14.11 THE STOCKTON GROUP
- 14.12 VALENT BIOSCIENCES
- 14.13 AGRI LIFE
- 14.14 CERTIS U.S.A LLC
- 14.15 ANDERMATT BIOCONTROL AG
- 14.16 LESAFFRE
- 14.17 RIZOBACTER
- 14.18 T. STANES & COMPANY LIMITED
- 14.19 VEGALAB S.A
- 14.20 BIOBEST GROUP NV
Details on Business overview, Products offered, Recent Developments, SWOT analysis, Right to win might not be captured in case of unlisted companies.
15 APPENDIX
- 15.1 DISCUSSION GUIDE
- 15.2 KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
- 15.3 AVAILABLE CUSTOMIZATIONS
- 15.4 RELATED REPORTS
- 15.5 AUTHOR DETAILS
