Global Biofungicides Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2025-2034)

Global Biofungicides Market Growth

The biofungicides market provides various benefits, including eco-friendly and sustainable solutions that help reduce soil and water pollution. These products leave minimal chemical residues, ensuring safer food for consumers. Biofungicides support soil health, enhance crop yields, and comply with stricter regulations, offering a safer alternative to chemical fungicides. In February 2024, the Indian government introduced initiatives to boost pulse production to 24 million metric tons, highlighting the significance of biofungicides in managing diseases that could affect yield, thereby promoting food security and agricultural economic stability. 

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They enhance plant resistance, reduce health risks, and are ideal for organic farming, influencing the biofungicides market dynamics and trends. Although initially more expensive, biofungicides offer long-term cost savings, have a minimal environmental impact, and help preserve biodiversity. As demand for eco-friendly products rises, the biofungicides market is expanding, with a wide variety of products designed for different crops and farming conditions. In November 2023, the USDA launched programs to assist vegetable farmers with integrated pest management strategies, incorporating biofungicides to promote sustainability, ensure high-quality produce, and reduce chemical residues in food systems.

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If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Key Trends and Recent Developments

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Global Biofungicides Industry Segmentation

Global Biofungicides Market Share

According to the biofungicides market analysis, dry biofungicides lead the market due to their advantages, such as longer shelf life and ease of application. They can be transported and stored without refrigeration, making them ideal for different agricultural settings. Furthermore, they provide targeted delivery of active ingredients, improving their effectiveness against fungal pathogens while reducing environmental impact. In February 2024, Certis USA launched "MycoShield Dry," a dry biofungicide made from beneficial fungi, designed for organic farmers. It controls various fungal diseases while promoting soil health and sustainable agricultural practices.

The biofungicides market growth is further driven by liquid biofungicides, which offer fast absorption and immediate action against fungal diseases. This segment is expected to see significant growth, with a projected CAGR of 17.80% from 2024 to 2032. These biofungicides allow precise application and can be combined with other agrochemicals for comprehensive pest control. They also include surfactants to improve adherence and penetration, optimising disease control in crops. In May 2024, FMC Corporation launched "FMC Protect Liquid," a biofungicide designed to target root rot pathogens in various crops. This product enhances plant resilience and supports sustainable agricultural practices by reducing the need for synthetic chemicals.

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Competitive Landscape

The biofungicides market key players specialise in the development, production, and distribution of innovative biotechnological solutions for agriculture. These companies prioritise sustainable products that improve soil health, increase crop yields, and reduce the environmental impact of traditional farming methods. Their product ranges include biofertilisers, biostimulants, and biocontrol products, all designed to promote plant growth, enhance disease resistance, and boost overall crop productivity. These companies are committed to integrating advanced microbial technologies into their solutions, ensuring they are both effective and eco-friendly.

Bayer AG

Headquartered in Leverkusen, Germany, Bayer AG was established in 1863. A global leader in healthcare and agriculture, it focuses on innovations in crop science, pharmaceuticals, and consumer health. Bayer's diverse portfolio includes plant protection, seeds, and advanced therapies for various medical conditions.

Gujarat State Fertilizers and Chemicals Ltd.

It is based in Vadodara, India, and was founded in 1962. It manufactures a wide range of fertilisers...

FMC Corporation

Founded in 1883 and headquartered in Philadelphia, USA, FMC Corporation is a global chemical company...

Certis USA LLC

Established in 2001 and headquartered in Columbia, Maryland, USA, focuses on providing innovative cr...

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other key players in the biofungicides market report include Symborg Corporate S.L and Biotech International Ltd., among others.