Biofungicides Market Competitive Landscape, Size, Segments, and Growth by 2031

Historic Data: 2021-2023   |   Base Year: 2024   |   Forecast Period: 2025-2031

Coverage: Biofungicides Market covers analysis By Type (Microbial species, Botanical); Mode of Application (Foliar spray, Soil treatment, Seed treatment, Others); Crop Type (Fruits and Vegetables, Cereals and Grains, Oilseeds and Pulses, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00018259
  • Category : Chemicals and Materials
  • Status : Upcoming
  • No. of Pages : 150
Buy Now

The Biofungicides Market is expected to register a CAGR of 10.7% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The research biofungiside market report is categorized into the following subsegments: Type, Mode of application, crop type , and Geography. The global analysis is broken down at the regional level and major countries. The market evaluation is presented in US$ for the above segmental analysis.

Purpose of the Report

The report Biofungicides Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Biofungicides Market Segmentation

Type

  • Microbial
  • Botanical

Mode of application

  • Foliar speay. Soil treatment
  • seed

Customize This Report To Suit Your Requirement

You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities

Biofungicides Market: Strategic Insights

biofungicides-market
  • Get Top Key Market Trends of this report.
    This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Biofungicides Market Growth Drivers

  • Rising Adoption of Organic Farming: The biofungicide market is dramatically changing due to a number of interrelated trends reflecting the broader trend toward sustainable agriculture. First is the increased organic farming because consumers are raising demands for healthier and chemical-free produce. In fact, according to the Research Institute of Organic Agriculture, the organic farmland globally has reached about 72.3 million hectares in 2020 and continues to grow. This growth in organic farming contributes to an increasing market requirement for such organic standard-compliant biofungicides capable of managing pests effectively with no synthetic chemicals. Another key trend having a major impact on enhancing efficacy and specificity in biofungicides involves the development of biotechnology.
  • Heavy investment in research and development: Development in microbial formulation and plant-derived compounds is underway to target site-specific pathogens and preserve useful organisms. Such a development in technology is likely to drive the market at a CAGR of around 12% from 2022 to 2027. Heavy investment in research and development related to the development of biofungicides, which would not only be effective but also environmental friendly, keeping in view the needs of modern agriculture.
  • Integration of IPM strategies is also molding the biofungicides scenario: IPM combines biological, cultural, and chemical practices to manage pests effectively and sustainably. Biofungicides are considered key components in reducing reliance on chemical pesticides. According to the FAO, it is estimated that IPM can reduce pesticide application by up to 50%. The application of biofungicides becomes an important component of integrated crop protection practices. This trend is in step with global goals on sustainability and encourages farmers toward more environmentally-friendly practices.

Biofungicides Market Future Trends

  • Compliance with Farming Standards: According to the Research Institute of Organic Agriculture, organic farmland globally reached approximately 72.3 million hectares in 2020, with expectations for continued growth. This surge in organic cultivation directly fuels demand for biofungicides, which are compliant with organic standards and provide effective pest management without synthetic chemicals.
  • Advanced Biotechnology: Technology is enhancing the efficacy and specificity of biofungicides. Innovations such as microbial formulations and plant-derived compounds are being developed to target specific pathogens while preserving beneficial organisms. The market is projected to grow at a compound annual growth rate (CAGR) of around 12% from 2022 to 2027, largely driven by these technological advancements. Companies are investing heavily in research and development to create biofungicides that are not only effective but also environmentally sustainable, catering to the needs of modern agriculture.
  • The integration of Integrated Pest Management (IPM) strategies: This trend is also reshaping the biofungicides landscape. IPM combines biological, cultural, and chemical practices to manage pests sustainably, with biofungicides playing a crucial role in reducing reliance on chemical pesticides. According to the Food and Agriculture Organization (FAO), IPM can reduce pesticide use by up to 50%, highlighting the importance of biofungicides as part of comprehensive pest management strategies. This trend aligns with global sustainability goals and encourages farmers to adopt more environmentally friendly practices.

Biofungicides Market Opportunities

  • Expanding Emerging Markets: Agricultural sectors in countries like India, Brazil, and Africa are emerging, and their growth therefore presents a very big scope in this industry for the consumption of biofungicides by farmers on account of growing demand for sustainable agriculture.
  • Product development: Bio-pesticides have many new product development opportunities, mainly linked to technologies derived from the biotechnical advancement, such as genetically engineered microorganisms and novel formulation. Other areas include further efficacy improvements of biofungicides.
  • New strategic partnerships: Forming partnerships with research institutions, universities, and agricultural associations result in increasing R and D and the discovery of new biofungicides.
  • Training and Outreach: Dissemination and training among farmers about the efficacy and other positive attributes of the application of biofungicides would increase its rate of adoption and therefore would create an avenue for companies to conduct outreach and training.

Biofungicides Market Regional Insights

The regional trends and factors influencing the Biofungicides Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Biofungicides Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

biofungicides-market-global-geography
  • Get the Regional Specific Data for Biofungicides Market

Biofungicides Market Report Scope

Report Attribute Details
Market size in 2024 US$ XX million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) 10.7%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Type
  • Microbial
  • Botanical
By Mode of application
  • Foliar speay. Soil treatment
  • seed
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • BASF SE
  • Bayer AG
  • BioWorks
  • FMC Corporation
  • Isagro S.P.A
  • Koppert Biological Systems
  • Marrone Bio Innovations
  • Novozymes
  • Nufarm

  • Biofungicides Market Players Density: Understanding Its Impact on Business Dynamics

    The Biofungicides Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

    Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

    Major Companies operating in the Biofungicides Market are:

    1. BASF SE
    2. Bayer AG
    3. BioWorks
    4. FMC Corporation
    5. Isagro S.P.A

    Disclaimer: The companies listed above are not ranked in any particular order.


    biofungicides-market-speedometer

    • Get the Biofungicides Market top key players overview

    Key Selling Points

    • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Biofungicides Market, providing a holistic landscape.
    • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
    • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
    • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

    The research report on the Biofungicides Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.

    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset
    biofungicides-market-report-deliverables-img1
    biofungicides-market-report-deliverables-img2
    Report Coverage

    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered

    Segment Covered

    This text is related
    to segments covered.

    Regional Scope

    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope

    Country Scope

    This text is related
    to country scope.

    Frequently Asked Questions


    What are the deliverable formats of biofungicide market report?

    The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.

    What are the options available for the customization of this report?

    Some of the customization options available based on request are additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.

    Which are the key biofungicide market players?

    BASF SE, Bayer AG, BioWorks, FMC Corporation, Isagro S P A, Koppert Biological Systems, Marrone Bio Innovations, Novozymes, Nufarm are key players in biofungicide market

    What is expected CAGR in biofungicide market?

    The market is expected to register a CAGR of 10.7% during 2023-2031

    What are the factors impacting on biofungicide market?

    Bio fungicides are slowly becoming a trend in the market due to the increasing demand for organic and residue-free food, awareness about the adverse effects of chemical pesticides, and favorable government policies. Additionally, progress in technology in the development of biofungicides along with ever-increasing losses to crops caused by fungal diseases help this industry grow.

    What are future trends in biofungicide market?

    Technological changes, increased demand in high-value crops, and growth in partnerships between agricultural and biotechnology companies are some of the key trends associated with the market. All these are factors contributing to the growth of this market and towards greener pest management approaches.

    Trends and growth analysis reports related to Chemicals and Materials : READ MORE..   

    The List of Companies

    1. BASF SE
    2. Bayer AG
    3. BioWorks
    4. FMC Corporation
    5. Isagro S.P.A
    6. Koppert Biological Systems
    7. Marrone Bio Innovations
    8. Novozymes
    9. Nufarm
    10. Syngenta AG
    biofungicides-market-cagr