Press Release

Biofungicide Market 2019 by Industry Size, Current Industry Status, Growth Factors, Types, and Applications Forecast to 2024


Report Titled: “Global Biofungicide Market – Growth, Trends, and Forecast (2019 – 2024)

The Research Report on “Biofungicide Market” 2019 report includes every aspect of the Biofungicide industry along with the progress performance. Biofungicide Market report presents an analysis of market size, share, and growth, trends, and price structure, statistical and detailed data of the Biofungicide industry. Additionally, Biofungicide Market 2019 research report offers key analysis on the industry status of the Biofungicide producers with market size, growth, share, trends as well as business price structure.

The Biofungicide Market report is a professional and detailed study on the Biofungicide business. Biofungicide market to predict future market directions between the forecast periods from 2019 to 2024 providing you with vital data for your business decisions.

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Scope of the Report:

  • The term biofungicide refers to those fungicides which contain a microorganism as the active ingredient and is used for the control of fungal pathogens in crops. This report will help develop an understanding of the current market dynamics and growth opportunities and gain in-depth analysis and market forecast for various types of products used as biofungicides. The report will also help to understand the recent shift toward adoption of biofungicides in emerging regions.

    Market Overview:

  • The global biofungicide market was valued at USD 1208.2 million in 2018, and it is projected to reach a value of USD 2877.2 million by 2024, growing at a CAGR of 15.6% during the forecast period. The drivers identified in the market are growing demand for food safety, easy registration procedure of biofungicides, increasing R&D and partnerships among the market players and increasing area under organic farming. The restraints identified in the market are high target pest specificity, lower shelf life and lack of awareness of bioinputs.
  • Biofungicide Report Also Covers Offer for New Project Includes:

    • Market Entry Strategies
    • Countermeasures of Economic Impact
    • Marketing Channels
    • Feasibility Studies of New Project Investment
    • Research Conclusions of the Biofungicide Industry

    The report provides key statistics on the market status of the Biofungicide Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Biofungicide .

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    Biofungicide Market Report Also Covers Marketing Strategy Analysis, Top Manufacturers:

  • Bioworks Inc.
  • Marrone BioInnovations
  • Certis
  • The Stockton Group
  • Koppert Biological Systems
  • International Pannacea Ltd
  • Lallemand
  • Seipasa
  • Syngenta AG
  • De Sangosse Ltd
  • IsAgro USA

    Key Market Trends:

    Easy Registration Procedure of Biofungicides is driving the market

    Given that biofungicides tend to pose fewer risks than chemical fungicides, the EPA generally requires less data to register a biofungicide than to register a chemical fungicide. As a result, new biofungicides are often registered in less than a year, compared to an average of more than three years for synthetic fungicides.Biofungicides are regulated in the European Union in the same manner as chemical fungicides. The Organization for Economic Co-operation and Development (OECD), a 34-country group headquartered in Paris, France, assists EU governments in quickly and thoroughly assessing biopesticide risks to humans and the environment.

    North America dominates the market

    As of 2018, the North American market for biofungicide was USD 496.9 million and it is projected to reach a value of USD 1046.2 million by 2024, with a CAGR of 13.2% during the forecast period. In countries like Canada and the United States, Trichoderma harzianum strain T-22 is the most commercially used biofungicide. Green housed spaces are increasing by 21% in these regions and therefore, there is a huge scope for the market to grow. Actinovate, Mycostop, Prestop, Root Shield, Serenade, SoilGard, and Taegro are the few newly registered biofungicides in Canada and the United States.

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    Detailed TOC of Biofungicide Market Report are:

    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study



    4.1 Market Overview
    4.2 Market Drivers
    4.3 Market Restraints
    4.4 Industry Attractiveness – Porter’s Five Force Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5.1 Application
    5.1.1 Grains and Cereals
    5.1.2 Oilseeds
    5.1.3 Fruits & Vegetables
    5.1.4 Other Applications
    5.2 Geography
    5.2.1 North America US Canada Rest of North America
    5.2.2 Europe Germany France UK Italy Spain Rest of Europe
    5.2.3 Asia Pacific Australia China India Japan Rest of Asia-Pacific
    5.2.4 Latin America Brazil Argentina Rest of Latin America
    5.2.5 Rest of the World

    6.1 Most Adopted Competitor Strategies
    6.2 Market Share Analysis
    6.3 Company Profiles
    6.3.1 Bioworks Inc.
    6.3.2 Marrone BioInnovations
    6.3.3 Certis
    6.3.4 The Stockton Group
    6.3.5 Koppert Biological Systems
    6.3.6 International Pannacea Ltd
    6.3.7 Lallemand
    6.3.8 Seipasa
    6.3.9 Syngenta AG
    6.3.10 De Sangosse Ltd
    6.3.11 IsAgro USA



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