Biofungicides Market Report – Forecast (2022-2027)

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Biofungicides MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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Biofungide market size is estimated to reach
US3.9 billion in 2027 and is forecasted to grow
at a CAGR of 15.1 during 2022-2027. The term
Biofungicides refers to those fungicides that
contain the microorganism as an active ingredient
and are used to control fungal bacteria in plants
especially in agriculture. These microorganisms
are found naturally in the soil, making them an
environmentally friendly alternative to chemical
fungicides. Biofungicides are used as a pest
control method through folia spray of
biofungicides during the cultivation of cereals
grains, fruits vegetables, oilseeds pulses,
flower crops, and others.
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• Key Takeaways
• North America dominates the biofungicides market,
  owing to the number of market players operating
  in the proximity coupled with higher
  affordability of farmers to purchase
  biofungicides.
• Soil treatment is the most widely adopted mode of
  application of biofungicides due to the
  development of soil treatment methods. In
  addition, many fungal diseases occur in the soil
  and root areas of the plant, which slows plant
  growth and ultimately leads to plant death.
  Therefore, farmers use soil treatment solutions
  to ensure a healthy crop yield.
• Microbial based biofungicides is observed to be
  efficient in terms of their mechanism of action
  than botanical biofungicides. They act against
  pathogenic fungi by parasitism. Easy production
  of microbial biofungicides at manufacture level
  is another factor that has led to an increase in
  the penetration.

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By Distribution Channel- Segment Analysis The
wettable powered biofungicide segment held the
largest share in the biofungicides market in 2021
and is expected to grow at a CAGR of 9.7 during
the forecast period. Flexibility in use, long
shelf life, and affordable prices have led to a
high popularity of the wettable powder form in
the market. Farmers can use wet powder as a
direct sprayer on the ground, or it can be mixed
with water to use as foliar spray. It can also be
mixed with seeds before sowing, or it can be
mixed with any liquid and sprayed over the soil
from time to time. The pros of wettable
biofungicides, which has led to a high popularity
among the rest of form on the market for
biofungicides.
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• Biofungicides Industry Outlook 
• BASF SE
• Bayer AG
• Syngenta AG
• Marrone BioInnovations
• Koppert Biological Systems
• Certis USA LLC
• Valent Biosciences
• Novozymes A/S
• Biotech International Ltd
• Certis USA LLC
• Symborg S.L.

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Biofungicides Market Forecast (2022 - 2027)
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