Biofungicides Market Research Report - Segmentation By Type (Microbial (Trichoderma, Bacillus, Pseudomonas, Streptomyces, Other Microbial Species), Botanical); Mode of Application (Soil Treatment, Foliar Spray, Seed Treatment, Other (Post-harvest, Root Dipping, Drip & Sprinkler Irrigation)); Crop Type (Fruits & Vegetables, Cereals & Grains, Oilseeds & Pulses, Others); Formulations (Wettable Powder, Granules, Aqueous Solution); Geography (North America, Europe, Asia Pacific, Rest of the World) - Size, Share, Trends, COVID-19 Impact and Growth Analysis Report - Industry Forecast (2021 to 2026)

  • Category : Agriculture |
  • Report Code : VMR-40347 |
  • Pages: 200 |
  • Published : 2021-03 |
  • Region: Global |
  • Avilable Format : format excel,ppt, Pdf |
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Biofungicides Market Size & Growth Analysis (2021-2026)

The global bio fungicides market size was worth USD 2.0 billion in 2021 with a CAGR of 16.8% and is estimated to reach USD 3.6 billion by 2026 during the forecast period 2021-2026. 

Bio-fungicides are the fungicides that contain micro-organisms that acts as an active ingredient for plants to grow strong. Biofungicides act as a great barrier for the roots of the plants and provide sufficient nutrients for the plant. Biofungicides are easily decayed by plants, different microorganisms present in the soil and sunlight. 

COVID-19 Impact on the global Biofungicides Market

The sudden outburst of the novel coronavirus (COVID-19)has disturbed many industrial activities among agriculture, and supply chains. Due to the pandemic period, the manufacturers in chemicals, biofungicides, and electronic industries are facing some challenges regarding the supply chain. 

Market Drivers

The factors driving the biofungicides market are increasing demand for organic farming, organic producers are increasing, and support from the government for utilizing eco-friendly products. The growing awareness in farmers about the health benefits of using natural products help the market to grow further. 

The need for agricultural products and organic products is rising, and swift use of crop protection is the factors responsible for the biofungicides market growth. Growing research and development activities in biofungicides also fuel the market growth.

Market Restrains

The expensiveness and less availability of products hinder the market growth. Farmers in the developing nations are more aware of chemical-based agro-products and are hesitant to accept advanced products due to budget constraints. The factor turns out to be a challenge for the market.




Market Size Available

2020 – 2026

Base Year


Forecast Period

2021 – 2026

Segments Covered

By Type, Mode of Application, Crop Type, Formulations, and Region

Regions Covered

North America, APAC, Europe, LATAM, MEA

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Segmentation Analysis

The global bio fungicides market has been segmented and sub-segmented based on type, application, crop type, and formulations.

Biofungicide Market - By Type

  • Microbial
    • Trichoderma
    • Bacillus
    • Pseudomonas
    • Streptomyces
    • Other Microbial Species​​​​​​​
  • Botanical

By type, the microbial segment is estimated to have a brisk growth rate during the forecast period. Producing microbial biofungicides is simple to botanical biofungicides resulting in a surging adoption rate. 

Trichoderma sub-segment of microbial fungicides is dominating the biofungicides during the forecast period. Trichoderma is the most productive stock in governing soil-borne and foliar fungal pathogens. 

Biofungicide Market- By Application

  • Soil Treatment
  • Foliar Spray
  • Seed Treatment
  • Other (Post-harvest, Root Dipping, Drip & Sprinkler Irrigation)

Soil treatment application is leading the biofungicides market. Factors like growing demand for soil treatment due to the increasing prevalence of soil-borne fungal pathogens, and advantages of using biofungicides as a soil treatment that provides strong seed germination by destroying mycelium and pathogenic fungal spores in the soil. The majority of the farmers adopt soil treatment to establish a strong crop yield. 

Biofungicide Market - By Crop Type

  • Fruits and Vegetables
  • Cereals and Grains
  • Oilseeds and Pulses
  • Other

By crop type, the fruits and vegetable segment is scheduled to be the swiftest growth in the global biofungicides market growth during the forecast period. The deployment of biofungicides is increasing leading to the growing demand for organic fruits and vegetables. 

Biofungicide Market - By Formulations

  • Wettable Powder
  • Granules
  • Aqueous Solutions

The wettable powder formulations segment is the briskest-growing over the biofungicides market throughout the timeline period. The wettable powder is mixed with water for irrigation or can be used directly as a sprinkler over the soil. The wettable powder can be mixed with seeds before sowing in the soil, and also can be mixed with any aqueous solutions. Long lifespan, inexpensiveness, and adaptability in using wettable powder augment the segment growth globally.

Regional Analysis

Geographically, North America is estimated to dominate the biofungicides market with the largest share globally. The growth is attributed to rising occurrences of organic farming and consuming organic food. North America is considered one of the largest producers of fruits and vegetables. 

The United States is dominating the biofungicides market. Around 82% of the U.S. residents buy organic food, as per the Organic Trade Association. Trichoderma harzianum stain T-22 is the most productively used bio fungicide, in the U.S and Canada. Mycopost, Prestop, Root Shield, Serenade, and more are some registered bio fungicides in the U.S and Canada.

Europe is the second-largest region globally and is proposed to witness prominent growth in the biofungicides market. Europe is one of the largest economies in terms of industrial production. In the UK, a new era of biofungicides is streaming as they can deliver disease protection. Lodus, a biofungicide, contains an active ingredient Laminarin. Clinical trials were carried out for Lodus in 2019 and 2020 in the UK, stating when Lodus is applied it results in an average of 0.3t/ha yield benefit to a wheat crop. 

Asia-Pacific is expected to have a constant growth rate in the biofungicides market. The market in APAC owes to a quick increase in population and growing demand for food crops. Increasing awareness in farmers regarding the use of poisonous chemical fungicides and the harmful effects on the environment boosts the region's market growth.

Latin America is the second-fastest-growing region after Asia-Pacific. The drivers for the biofungicides market are growing prominence for organic farming and rising demand for fresh fruits and vegetables from the customers. 

Brazil is likely to dominate the market throughout the region. The Brazilian Ministry of Agriculture approved product registration for Regalia, introduced by Marrone Bio Innovations. Regalia is a biofungicide that helps the plant to grow healthy and also protects the plant from other bacteria and fungal harm. FMC launched its Regalia Maxx to prevent the control of the Early Blight on tomato and potato crops in Brazil.

On March 18, 2021, two companies Botanical Solution Inc. and Syngenta together popularized BotriStop biofungicide in Mexico and Peru. 

The biofungicides market in the Middle East & Africa is at its nascent stage and is anticipated to have slow growth during the forecast period. 

Key Players

The key players involved in the global bio fungicides market include BASF SE (Germany), FMC Corporation (US), Nufarm (Australia), v Bayer AG (Germany), BioWorks (US), Syngenta AG (Switzerland), Novozymes (Denmark), Koppert Biological Systems (Netherlands), Certis U.S.A (US), Isagro S.P.A (Italy), Marrone Bio Innovations (US), T. Stanes & Company Limited (India), Valent Biosciences (US), Agri Life (India), The Stockton Group (Israel), Andermatt Biocontrol AG (Switzerland), Lesaffre (France), Biobest Group NV (Belgium), Rizobacter (Argentina), Vegalab S.A (US), and Biolchim (Italy).

Recent Market Developments

  • On June 11, 2021, FMC Corporation received U.S. approval for fluindapyr, which is a new succinate dehydrogenase inhibitor (SDHI) fungicide. The fungicide is used to treat diseases in a row and specialty crops. 
  • On March 05, 2020, Bayer launched Serenade biofungicide in China. The biofungicide Serenade reaches the roots of the plant and acts as a fence to the roots. It helps the plants to absorb the nutrients required and allow them to grow energetically. 
  • On June 29, 2021, Nufarm launched the new Longbow EC which is the latest portfolio in herbicides and harvest aid. This helps the growers achieve clean crops at harvesting time.
  • n March 30, 2021, BASF collaborated with AgBiome to launch a new biofungicide in Europe, and the Middle East & Africa. The fungicide is developed by AgBiome and marketed as Howler in the U.S.


Chapter 1. Biofungicides Market  – Scope & Methodology

1.1. Market Segmentation

1.2. Assumptions

1.3. Research Methodology

1.4. Primary Sources

1.5. Secondary Sources

Chapter 2. Biofungicides Market   – Executive Summary

2.1. Market Size & Forecast – (2021 – 2026) ($M/$Bn)

2.2. Key Trends & Insights

2.3. COVID-19 Impact Analysis

                2.3.1. Impact during 2021 - 2026

                2.3.2. Impact on Supply – Demand

                2.3.3. Impact on Production Cost

                2.3.4. Impact on Supply Chain

Chapter 3. Biofungicides Market   – Competition Scenario

3.1. Market Share Analysis

3.2. Product Benchmarking

3.3. Competitive Strategy & Development Scenario

3.4. Competitive Pricing Analysis

3.5. Supplier - Distributor Analysis

Chapter 4. Biofungicides Market   Entry Scenario

4.1. Case Studies – Start-up/Thriving Companies

4.2. Regulatory Scenario - By Region

4.3  Customer Analysis

4.4. Porters Five Force Model

                4.4.1. Bargaining Power of Suppliers

                4.4.2. Bargaining Powers of Customers

                4.4.3. Threat of New Entrants

                4.4.4. Rivalry among Existing Players

                4.4.5. Threat of Substitutes

Chapter 5. Biofungicides Market –  Landscape

5.1. Value Chain Analysis – Key Stakeholders Impact Analysis

5.2. Market Drivers

5.3. Market Restraints/Challenges

5.4. Market Opportunities

Chapter 6. Biofungicides Market  – By Type

6.1. Microbial

                6.1.1. Trichoderma

                6.1.2. Bacillus

                6.1.3. Pseudomonas

                6.1.4. Streptomyces

                6.1.5. Other Microbial Species

6.2. Botanical

Chapter 7. Biofungicides Market – By Mode of Application

7.1. Soil Treatment

7.2. Foliar Spray

7.3. Seed Treatment

7.4. Other

                7.4.1. Post-harvest

                7.4.2. Root Dipping

                7.4.3. Drip & Sprinkler Irrigation

Chapter 8. Biofungicides Market –  By Crop Type

8.1. Fruits & Vegetables

8.2. Cereals & Grains

8.3. Oilseeds & Pulses

8.4. Others

Chapter 9. Biofungicides Market  - By Formulations

9.1. Wettable Powder

9.2. Granules

9.3. Aqueous Solution

Chapter 10. Biofungicides Market  , By Geography – Market Size, Forecast, Trends & Insights

10.1. North America

                10.1.1. U.S.A

                10.1.2. Canada

                10.1.3. Mexico

10.2. Europe

                10.2.1. Italy

                10.2.2. Spain

                10.2.3. Russia

                10.2.4. Germany

                10.2.5. UK           

                10.2.6. France

                10.2.7. Rest of Europe

10.3. Asia Pacific

                10.3.1. Japan

                10.3.2. South Korea

                10.3.3. China

                10.3.4. India

                10.3.5. Australia & New Zealand

                10.3.6. Rest of Asia-Pacific

10.4. Rest of the World

                10.4.1. Middle East

                10.4.2. Africa

                10.4.3. South America


Chapter 11. Biofungicides Market   – Company Profiles – (Overview, Product Portfolio, Financials, Developments)

11.1. Company 1

11.2. Company 2

11.3. Company 3

11.4. Company 4

11.5. Company 5

11.6. Company 6

11.7. Company 7

11.8. Company 8

11.9. Company 9

11.10. Company 10

  • Primary & Secondary Sources to Collect & Validate Data

  • Utilization of Both Top Down & Bottom Up Approach

  • Holistic Research Methodology

Scope & Introductory Research

In the initial stage of research, the scope for market is defined. In order to better understanding of the market, secondary focus is on different segmentations of the market. Preliminary research involves identifying key data points related to the market under consideration to estimate the market sizes to the best extent.​

Data Collection 

Based on the scope of the market and the key data points, a number of secondary sources are considered. This data collection stage consists of a team of analysts who gather data from various secondary resources, accessing proprietary databases and primary research by reaching out to key market participants and opinion leaders. ​

Data Fusion

At this stage, collected data using several sources is arranged in structured format. The sources include industry participants, in-house models, key opinion leaders in the market ecosystem and databases. Historical data trends are established at this point, and compared to the current scenario. Based on the macro- and micro-factor prevailing in various geographies, proprietary data models are used to analyze key market countries. Key players in this market are listed based on their capabilities in revenue, sales, and development. The study also involves the identification of companies in the category of 'new entrants' and their potential effects on the market.

Data Analysis

At this stage, the analyst team moves on to understand how the market has changed over the years. The total size of the market is gathered after an study of different business segments and end-users is done. An impact research is also done to see what factors will/may influence the market in the years ahead. The effect of various variables on the industry is often taken into account when forecasting market sizes.

Verification ​

Data verification is conducted at all research levels, however this stage is dedicated to more rigorous checking of the data points. At this stage, the estimated data is triangulated with company revenues and checked with industry experts including several senior executives and key opinion leaders in the market. The data is then summarized, and the findings are derived from the same for the report. ​

Quality Assurance & Report Preparation​

Holistic research methodology is followed with combination of Top Down and Bottom Up approach to undertake the estimation and forecasting task in order to ensure quality of data. At this stage of the research process, a dedicated QA team checks the data and approves after several predefined checks. Each section is checked and questioned to make the report accurate and reliable. In case of discrepancy, a team of analysts reviews the issue, and the whole process is repeated again. That significantly improves the report's quality. After approval, all the parts of the report are brought together and is formatted by highly trained team thus making it ready to dispatch.​

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