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Biofungicides Market Size

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Report ID: 2712
Published Date: Oct 17, 2024
Report Format: PDF, PPT

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Biofungicides Market Size

Biofungicides Market size was valued at USD 2.26 billion in 2023 and is set to exceed USD 15.22 billion by 2036, registering over 15.8% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of biofungicides is evaluated at USD 2.55 billion.

As a natural approach of dealing with plant growth, maintaining soil health, and refining plant nutrient intake, biofungicide product application is attaining momentum in various ecologically-conscious markets. Biofungicides not only assist in guarding the crops during the growing season but also show the prolonged activity of protection during post-harvest storage and transportation.

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Biofungicides Market Size & Share, Growth Trends 2036

Author Credits: Rajrani Baghel

Report ID: 2712
Published Date: Oct 17, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of biofungicides is evaluated at USD 2.55 billion.

Biofungicides Market size was valued at USD 2.26 billion in 2023 and is set to exceed USD 15.22 billion by 2036, registering over 15.8% CAGR during the forecast period i.e., between 2024-2036.

North America industry is likely to hold largest revenue share by 2036, due to growing prevalence of organic farming and organic food consumption.

The major players in the market are BASF SE, Bayer AG, Syngenta AG, Nufarm, FMC Corporation, Novozymes, Marrone Bio Innovations, Koppert Biological Systems, Isagro S.P.A, Bioworks Inc., and others.

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