Biorational Fungicides Industry – Regional Synopsis
APAC Market Forecast
The biorational fungicides market in the Asia Pacific industry is poised to hold largest revenue share of 38% by 2037. Changing climate conditions are contributing to the emergence of new disease challenges. Biorational fungicides offer sustainable solutions to adapt to these evolving threats. According to the IPCC, the Asia Pacific region is susceptible to the impacts of climate change, including altered disease patterns in crops. The Asia Pacific Biorational Fungicides market is experiencing remarkable growth due to a confluence of factors, from regulatory support to the region's diverse agricultural landscape and the need for sustainable farming practices.
North American Market Statistics
The biorational fungicides market in the North America region is projected to hold the second-largest share during the forecast period. Consumers in North America are increasingly seeking organic products, including fruits and vegetables grown with minimal synthetic chemical inputs. Biorational fungicides align with organic farming principles, making them a vital tool for organic growers. According to the Organic Trade Association, the organic food market in North America reached USD 56 billion in sales in 2020.
