Biofungicides Market Analysis

Biofungicides Market Overview

Biofungicides Market Size was valued at USD1.50 billion in 2023. The biofungicides market industry is projected to grow from USD 1.74  Billion in 2024 to USD 4.94 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 13.00% during the forecast period (2024 - 2032). 

Growing societal awareness of the negative effects of synthetic agrochemicals, a growing preference for eco-friendly and natural products, and increased attention to biotechnological advancement, particularly in developing economies, are the key market drivers enhancing the market growth. Other significant drivers of the market's expansion are the government's strict restrictions on using fungicides with synthetic bases, the rate of industrialization growth, and rising costs for research and development of new products.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Biofungicides Market Trends

• An increase in organic farming practices is driving the market growth

Market CAGR for biofungicide is driven by the growing demand for organic food. To reduce agriculture's overall environmental impact, organic farming is being promoted more and more as a substitute for traditional farming methods. A promising road to sustainable agricultural expansion and significant demand for crop protection solutions are expected to boost biofungicides' future growth. Particularly those with significant agricultural roots, like India, Thailand, the Netherlands, and Israel, countries are increasingly switching from green to evergreen transformations. Additionally, due to rising consumer demand, rising income levels, and new farming techniques that make natural harvests more dynamic, there is an increasing demand for food that has been farmed organically. The total area used for organic farming was estimated by APEDA (the agriculture and processed food products export development authority) to be 3,669,801.33 Hectares in 2020 and grew to 4,339,184.94 hectares in 2021. As a result, more land is being used for organic farming ly due to the rising demand for organic food. Because of its natural friendliness, economy, producers, and convenient consumer qualities, organic farming will play a crucial part in supporting this shift.

Figure 1: The forecasted value of the organic food market worldwide in billion U.S. dollars from 2021 to 2026

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Biofungicides allow farmers to manage plant pathogenic fungi and bacteria without endangering the environment. Various organic components, such as animal broth, organic nutrients, or organic waste products, are also included in carrier materials for biofungicide formulations and microbial components. Biofungicides do not harm the environment and aid in the agroecosystem's stability and sustainability. Pesticides not only adversely hurt the environment but also have negative impacts on people. Pesticides that contaminate freshwater used for agriculture, including fungicides, harm the fauna and flora. Since many environmental organizations, such as the Environmental Protection Agency, have opposed using such pesticides, the market for biofungicides has grown favorably.  Thus, driving the biofungicides market revenue.

Biofungicides Market Segment Insights

Biofungicides Type Insights

The biofungicides market segmentation, based on type, includes botanical and microbial {trichoderma, streptomyces, bacillus, pseudomonas and others}. In 2022, microbial category dominated the market. The adoption rate has partly increased due to the simplicity of manufacturing microbial biofungicides.  Trichoderma accounted for the lion's share of the microbial biofungicides in 2022 due to its great tolerance for the pH of the soil and its high environmental variety. However, botanical biofungicides also witnessed the fastest growth. Plant infections becoming resistant to chemical fungicides and growing advances in microbial research conducted by influential parties worldwide will expand the market for botanical biofungicides.

Biofungicides Form Insights

The  biofungicides market segmentation, based on form, includes powder, liquid and granules. Due to its simplicity in application and manufacture, the powder category had the biggest revenue share in 2022 and is anticipated to increase at the fastest rate throughout the projection period. The powder form of powdered biofungicides allows simple mixing with any basic or acidic solution. Furthermore, in 2022, the liquid form also has a considerable demand. The main benefits include starter and in-season applications, easy handling and application, uniformity of application, and combination with crop protection chemicals.

Figure 2: Biofungicides Market, by Form, 2022 & 2032 (USD billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Biofungicides Mode of Application Insights

The biofungicides market segmentation, based on the mode of application, includes seed treatment, soil application, foliar and others. Soil application is the most typical method of applying biofungicides, and as a result, in 2022, it accounted for the greatest revenue share of the worldwide biofungicides market. To combat the fungi that attack the soil and root zone, biofungicides like Trichoderma are commonly utilized. The industry with the fastest growth during the forecast was foliar fertilizers. Foliar fertilizer was developed as the best plant care solution for various issues, such as inadequate dietary intake, disease, and a lack of supplements.

Biofungicides Crop Type Insights

The  biofungicides market segmentation, based on crop type, includes cereals & grains, oilseeds & pulses, fruits & vegetables, and others. The fruits & vegetables segment held the greatest market share for biofungicides in 2022 and is anticipated to see the highest CAGR throughout the forecast period. The increased production of organic fruits and vegetables worldwide is one of the main causes of the widespread usage of biofungicides. Oilseeds and pulses took up a considerable amount of the market. Oilseeds and pulses grown in semi-arid tropical settings are a staple crop for many people in developing countries. In these places, pulses and oilseeds are consumed more frequently than cash crops.

Biofungicides Regional Insights

By Region, the report provides market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American biofungicide area will dominate this market due to the shift from conventional to sustainable agriculture and the presence of significant players in the North American region. The continent of North America is one of the largest producers of organic fruits and vegetables. Furthermore, the region's biofungicides market is predicted to grow due to the expanding adoption and application of integrated pest management (IPM) techniques.

Further, the leading countries studied in the market report are U.S., Canada, France, German, Italy, UK, Spain, Japan, China, Australia, India, South Korea, and Brazil.

Figure 3: BIOFUNGICIDE MARKET SHARE BY REGION 2022 (%)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Asia-Pacific biofungicides market accounts for the second-largest market share. To balance the expansion of the agricultural sector necessary to support its large-scale output, the area is pushing the use of microbial pesticides instead of artificial fertilizers and pesticides. On 35.9 million hectares, there are more than 16000 farmers, making up 9.7% of the region's agricultural land and 50% of the world's organic land in 2020. Moreover, China’s biofungicides market held the largest market share, and the Indian biofungicides market was the fastest-growing market in the Asia-Pacific region.

The Europe Biofungicides Market is expected to grow at the fastest CAGR from 2023 to 2032. The region's biofungicides market is anticipated to rise further due to the rising use and adoption of integrated pest management (IPM) strategies. The regional market is also driven by stringent laws and regulations governing the use of pesticides that shield plants from damaging environmental effects. Sales of biofungicides in local markets are driven by the high demand for bio-based crop protection agents. Further, the German biofungicides market held the largest market share, and the UK biofungicides market was the fastest growing market in the European region.

Biofungicides Key Market Players & Competitive Insights

Leading market players are investing heavily in research and development to expand their product lines, which will help the biofungicides market, grow even more. Market participants are also undertaking various strategic activities to expand their  footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the biofungicides industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the  biofungicides industry to benefit clients and increase the market sector. In recent years, the biofungicides industry has offered some of the most significant medical advantages. Major players in the biofungicides market, including Valent Biosciences (US), Nufarm (Australia), BASF SE (Germany), Certis U.S.A (US), and others, are attempting to increase market demand by investing in research and development operations.

Marrone Bio Innovations Inc is an agricultural firm established in the United States that specializes in researching, developing, and distributing novel biological products for crop protection, crop health, and crop nutrition. Biopesticides, Bioinsecticides, Bionematicides, Biofungicides, Biostimulants, and Bionutrition are among the company's bio-based pest management and plant health products. In April 2020, Marrone Bio Innovations Inc. announced that PacesetterTM, a recently approved bio-based plant health product, is now accessible to maize, soybean, and wheat growers in the United States. Pacesetter works with conventional fungicides to increase plant health and vigor, improving soybean output by up to seven bushels per acre and maize yield by up to 13 bushels per acre.

Eden Research PLC is a firm established in the United Kingdom that develops and sells biopesticides and natural microencapsulation technologies to the crop protection, animal health, and consumer products industries. It operates in agrochemicals, consumer products, and animal health segments. Foliar Diseases Control, Soil Pest, Protected Glass House Crops, Vascular Diseases Control, and Post-Harvest Applications are available product categories. In August 2020, Eden Research got approval in Australia to sell its bio-fungicide that protects against Botrytis Cinerea on wine and table grapes. The product, known as Novellus in Australia, is a sustainable and residue-free remedy for botrytis, a particularly prevalent disease in grapes that substantially influences crop productivity and quality.

Key Companies in the biofungicides market include

• BASF SE (Germany)


• Bayer AG (Germany)


• Syngenta AG (Switzerland)


• FMC Corporation (US)


• Nufarm (Australia)


• Novozymes (Denmark)


• Marrone Bio Innovations (US)


• Koppert Biological Systems (Netherlands)


• Isagro S.P.A (Italy)


• Stanes & Company Limited (India)


• Valent Biosciences (US)


• Certis U.S.A (US)


• Andermatt Biocontrol AG (Switzerland)


• Lesaffre (France)


• Rizobacter (Argentina)

Biofungicides Industry Developments

June 2021: Marrone Bio Innovations, Inc, an international leader in sustainable bioprotection and plant health solutions to support  agricultural needs, has announced a collaboration with ATP Nutrition of Manitoba, Canada, to distribute Stargus Biofungicide on Canadian broad acre crops, primarily canola, dry beans, peas, soybeans, and sunflower. In Canada, where the biocontrol market is expected to increase, these products cover more than 30 million acres.

March 2020: Bayer Crop Science, the world's top seed manufacturer and Life Science Company, has recently introduced Serenade, its first biofungicide, in neighboring China. According to reports, this substance could form a protective barrier around plants' roots via symbiosis in the root periphery.

Biofungicides Market Segmentation

Biofungicides Type Outlook

• Botanical


• Microbial


• Trichoderma


• Streptomyces


• Bacillus


• Pseudomonas


• Others

Biofungicides Form Outlook

• Powder


• Liquid


• Granules

Biofungicides Mode of Application Outlook

• Seed Treatment


• Soil Application


• Foliar


• Others

Biofungicides Crop Type Outlook

• Cereals & Grains


• Oilseeds & Pulses


• Fruits & Vegetables


• Others

Biofungicides Regional Outlook

• North America


• US


• Canada


• Europe


• Germany


• France


• UK


• Italy


• Spain


• Rest of Europe


• Asia-Pacific


• China


• Japan


• India


• Australia


• South Korea


• Australia


• Rest of Asia-Pacific


• Rest of the World


• Middle East


• Africa


• Latin America