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Biofungicides - Global Market Outlook (2019-2027)

Biofungicides - Global Market Outlook (2019-2027)

4.6 (48 reviews)
Published: July 2020 ID: SMRC19532
4.6 (48 reviews)
Published: July 2020 ID: SMRC19532

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Biofungicides Market is accounted for $1.35 billion in 2019 and is expected to reach $5.13 billion by 2027 growing at a CAGR of 18.1% during the forecast period. Growing demand for food safety and increasing R&D and partnerships among the market players are the major factors driving the market growth. However, lack of awareness of bio inputs is restraining the market growth.

Biofungicides refers to living organisms that are utilized to control the activity of plant pathogenic fungi and bacteria. Its idea depends upon observations of natural procedures where beneficial microorganisms, normally isolated from soil, hinder the activity of plant pathogens. These microorganisms produce a wide range of antibiotic substances and parasitize other fungi, etc. 

Based on mode of application, the soil treatment segment is likely to have a huge demand as it is widely adopted due to the innovations in soil treatment strategies. Also, a majority of the infections occur in the soil and root area of the plant, which delays the plant growth and leads to its death due to which farmers adopt these solutions to ensure a healthy crop yield. By geography, North America is going to have a lucrative growth during the forecast period due to rise in the demand for organic food and adoption of modern farming techniques. U.S. is a key country for the market growth in the region.

Some of the key players profiled in the Biofungicides Market include Agri Life, BASF SE, Bayer AG, Bioworks Inc, Certis, De Sangosse Ltd, FMC Corporation, International Pannacea Ltd, IsAgro USA, Koppert Biological Systems, Lallemand, Marrone BioInnovations, Seipasa, Syngenta AG and The Stockton Group.

Formations Covered:
• Liquid
• Dry

Forms Covered:
• Aqueous Solution
• Granules
• Wettable Powder   

Types Covered:
• Biochemical
• Botanical
• Microbial Species
• Plant Incorporated Protectants

Crop Types Covered:
• Cereals & Grains
• Fruits & Vegetables
• Oilseeds & Pulses
• Turf & Ornamentals

Species Covered:
• Bacillus
• Pseudomonas
• Streptomyces
• Trichoderma
• Other Species   

Mode of Applications Covered:
• Soil Treatment
• Seed Treatment
• Foliar Spray
• Other Modes of Application

Products Covered:
• BioFungicides
• Biopesticides

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliance

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