Biofungicides Market size worth $ 5.28 Billion, Globally, by 2028 at 16.1% CAGR: Verified Market Research®

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Browse in-depth TOC on "Biofungicides Market"

202 - Pages

126 – Tables

37 – Figures

Global Biofungicides Market Overview

The increase in demand for organic fruits and vegetables globally has driven the demand for biofungicides. Resulting in potential health concerns, framers are no longer using chemical-based fungicides. As a pest control measure, biofungicides are employed in the cultivation of cereals, grains, fruits and vegetables, oilseeds, and pulses. Biofungicides are especially effective at controlling fungi in fruits and vegetables, as well as cereal and grain crops. The demand for organic food is being driven by advancements in crop protection technologies and a movement in consumer preferences toward more nutritional and healthy diets.

This has increased demand for organic fruits and vegetables, as well as food grain crops. Biofungicides are also commonly used on turfs and grasses to control fungi-caused infections. The industry is predicted to develop owing to a shift in consumer demand for organic fruits and vegetables. The primary benefits of biofungicides are their longer shelf life and affordable prices for organic products, which has resulted in stronger demand for wettable powdered form in the biofungicides industry. Additionally, they are being used more frequently in soil treatment applications that fuel the market growth of the market.

Key Developments

Key Players

The major players in the market are 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).

Verified Market Research has segmented the Global Biofungicides Market On the basis of Type, Form, Crop Type, Application, and Geography.

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