Biofungicide Market Survey Report 2021 Along with Statistics, Forecasts till 2025

The report presents an in-depth assessment of the Global Biofungicide Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Global Biofungicide from 2021 till 2025. The report covers the pre COVID-19 historic data, impact of COVID-19 and post-COVID-19 (Corona Virus) impact on various regions and major countries and on the future development of the industry is pointed out.

The global biofungicide market was valued at USD 1208.2 million in 2018, and it is projected to reach a value of USD 2877.2 million by 2024, growing at a CAGR of 15.6% during the forecast period. 

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Global Biofungicide Market: Bioworks Inc., Marrone BioInnovations, Certis, The Stockton Group, Koppert Biological Systems, International Pannacea Ltd, Lallemand, Seipasa, Syngenta AG, De Sangosse Ltd, IsAgro USA and others.

Scope of the Report:
The term biofungicide refers to those fungicides which contain a microorganism as the active ingredient and is used for the control of fungal pathogens in crops. This report will help develop an understanding of the current market dynamics and growth opportunities and gain in-depth analysis and market forecast for various types of products used as biofungicides. The report will also help to understand the recent shift toward adoption of biofungicides in emerging regions.

Regional Analysis For Global Biofungicide Market:

North America (The United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Market Key Trends:

Easy Registration Procedure of Biofungicides is driving the market
Given that biofungicides tend to pose fewer risks than chemical fungicides, the EPA generally requires less data to register a biofungicide than to register a chemical fungicide. As a result, new biofungicides are often registered in less than a year, compared to an average of more than three years for synthetic fungicides.Biofungicides are regulated in the European Union in the same manner as chemical fungicides. The Organization for Economic Co-operation and Development (OECD), a 34-country group headquartered in Paris, France, assists EU governments in quickly and thoroughly assessing biopesticide risks to humans and the environment.

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What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Global Biofungicide Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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This release was published on openPR.